My Fellow Crypto Traders,
Appreciate you taking the time to view my analysis in which I hope you may find it beneficial. Please be sure to “LIKE” if you indeed find my analysis useful and/or find my analysis intriguing.
Also, I’m new to charting game and the crypto/stock space. So, if you have any constructive criticism or tips, please share.
Cheers & Happy Trading!
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ANALYSIS:
DOT appears to be developing an inverted "head & shoulders" formation in which we recently seen in ETH. During ETH "head & shoulders" formation (minor), ETH seen positive price action after a few support re-test at the neckline, which was right after the 9EMA cross. Therefore, as the 9EMA has recently crossed both the 20EMA and the 50EMA for DOT, we may see a 9EMA bounce off the 20EMA for further positive continuation to the upside.
Appreciate you taking the time to view my analysis in which I hope you may find it beneficial. Please be sure to “LIKE” if you indeed find my analysis useful and/or find my analysis intriguing.
Also, I’m new to charting game and the crypto/stock space. So, if you have any constructive criticism or tips, please share.
Cheers & Happy Trading!
--------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
ANALYSIS:
DOT appears to be developing an inverted "head & shoulders" formation in which we recently seen in ETH. During ETH "head & shoulders" formation (minor), ETH seen positive price action after a few support re-test at the neckline, which was right after the 9EMA cross. Therefore, as the 9EMA has recently crossed both the 20EMA and the 50EMA for DOT, we may see a 9EMA bounce off the 20EMA for further positive continuation to the upside.
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.