DOT / TetherUS
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Bitcoin Trend Analytics August 9

73
DOT is between a narrow range formed by the waves in the downward channel.

DOT bounced several times from the support of the narrow band. It’s now going upward to test $10.73, the upper edge of the downward channel.

The major resistance of the downward channel is at between $11.54-$12.00. Breakup and holding above it for 2 weeks will expand the consolidation range.

The current supports are short-termed and not strong enough. Only with more funds inflow could the breakout be confirmed.

If the key resistance of the triangle is broken, $9.94-$10 will flip into support.
Nota
SORRY FOR THE TYPO IN THE TITLE, IT'S DOT ANALYSIS.

Penafian

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