DOTUSDT | LONG ABOVE RESISTANCE
DOTUSDT is reaching to the top of the rising wedge . The horizontal resistance also confluence with top of wedge. There can be two possible scenarios
1) Bullish Breakout
Long position can be taken if bulls managed to close above upper wedge
2) Bearish Rejection
While short position can be opened if a bearish candles formed near the upper wedge .
Trade your levels accordingly.
1) Bullish Breakout
Long position can be taken if bulls managed to close above upper wedge
2) Bearish Rejection
While short position can be opened if a bearish candles formed near the upper wedge .
Trade your levels accordingly.
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