DOTUSDT ( BREAKOUT CHANNEL ) (4H)

٦ أغسطس

DOTUSDT

HELLO TRADERS

• Tendency , the price is under downward pressure , until trading below turning level at 4.949
  
  
• TURNING LEVEL : the price of this level at 4.949 , so until the price trade below this level indicates likely to reach a support level (1) , but if the breaking by open 4h candle above this level reach a resistance level (1) .
  
  
• RESISTANCE ZONE : this zone between 5.532 and 5.958 , in order to see this zone the price need breaking turning level at 4.949 , breaking this price indicates an increase and reaching the resistance level (1) at 5.532 , then stabilizing above resistance level (1) likely to reach of a resistance level (2) at 5.598 , after breaking this zone it will be attempt to reach resistance level (3) at 6.532 , selling have already increase in this zone .
  
  
• SUPPORT ZONE : this zone between 4.012 & 3.595 , until the price trading below turning level or stabilizing below this level indicates to reach of a support level (1) at 4.012 , by open 4h or 1h candle below support level (1) , it indicates to reaching support level (2) around 3.595
  
  
• CORRECTIVE : the price corrective at 4.949, before dropping .
  

TARGET LEVEL :

• RESISTANCE LEVEL : 5.532 , 5.958 , 6.532 .
  
• SUPPORT LEVEL : 4.012 , 3.595 .
  

٧ أغسطس

تم فتح الصفقة

the price it will be attempt to reserve turning level , before increase dropping to touch a support level (1) , beware during reserve the price may be breakout turning level to touch resistance level (1) .

٩ أغسطس

تم فتح الصفقة

as mentioned the price corrective 4.949 before dropping , currently the price started a dropping .

١٢ أغسطس

تم فتح الصفقة

as mentioned corrective turning level before dropping , currently the price under downward pressure

١٣ أغسطس

تم فتح الصفقة

until the price trading below the channel , likely to reach support level

١٤ أغسطس

تم فتح الصفقة

still continues a bearish trend

١٥ أغسطس

تم فتح الصفقة

until the price trading bellow channel , indicates to downward trading to reach support level (1) , but if the price breaking and remain above the channel leading rising to reach resistance level (1) .

١٦ أغسطس

تم فتح الصفقة

currently price trying yo reach support level (1)

١٨ أغسطس

تم فتح الصفقة

possible the price rising to inside supply zone before starts a dropping .