DOT: resistance is the first step to change

19. März 2021

Symmetrical triangle

• Textbook: wait for confirmation ➡ breakout of triangle
  
• Volume still low
  
• RSI looks good
  
• MACD & STOCH RSI cross-over ➡ bullish signal
  
• Red dotted lines ≈ key resistance levels
  
• Psychologic levels: $40/$45/$50
  
• Higher timeframes = safer
  
• Caution: BTC volatility may affect the entire market
  

Advise to beginners: spot trading = safer (HODL in case price goes down).

Not financial advise.

I am not an expert, just my opinion.

Feel free to share your views.

Good luck!