#DOT This chart shows a long-term downtrend that is still controlled by the Descending Trendline. The current price is around $0.93 and is approaching the intersection between the descending trendline and the horizontal resistance at $1.00, making this a very important area for determining the next major move.
If Bulls/Buyers manage to push the price through this Descending TrendLine resistance line, this will be a good Buy/Long signal for the short term.
Don't hold this coin for too long, it performed very poorly in the previous cycle.
Short term target is minimum 15%+ after price successfully Breakout.
Which coin should we analyze next? Let us know!
