BARSTrading

DOT continues in channel stuck between $8.56 & $6.27

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BINANCE:DOTUSDT   DOT / TetherUS
DOT is stuck between the blue and first red line, respectively at $6.27 and $8.56.

Upon breaking the first resistance line, I expect the price to easily touch $10.75. However, I expect pretty strong resistance there, because after this the bullish push to $16 is very clear.
So until then, please hold and wait for the break. I will update it in the comments section when this break (candle close) above $8.56 happens.
Komen:
Broken channel second time. This is not fakeout
Penafian

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