This chart shows DOT/USDT on a 4-hour timeframe, forming a descending triangle pattern, a bearish setup indicating a potential breakdown. Price is consolidating below the critical resistance of $9.50, near the triangle’s apex. The RSI is currently at 44.82, reflecting weak momentum but showing room for further downside. Monitor for volume confirmation and RSI momentum to validate the breakout direction. I can see also dot coin have to much buyer volume presser and it will go up .
The Total3 chart, shows a bullish cup-and-handle breakout on the weekly timeframe. The price successfully retested resistance around $1.04T, now acting as support, suggesting a continuation towards higher levels. Bollinger Bands indicate expansion, reflecting increased volatility. The Stochastic RSI at 90.75 signals strong momentum, though slightly overbought. The RSI Divergence Indicator at 71.59 confirms bullish strength above the neutral 50 level. Volume Profile highlights buying pressure, supporting further upward movement. This setup strengthens the case for W Coin’s bullish outlook.
The BTC.D chart shows Bitcoin dominance breaking down from a rising channel, indicating potential altcoin strength. The retest of the channel support confirms the bearish breakdown. Stochastic RSI at 8.65 highlights an oversold condition, suggesting a short-term pause in the downward move. The RSI Divergence Indicator is at 50.20, hovering around neutral levels, which confirms weakening dominance momentum. The Bollinger Bands are expanding, signaling increased volatility. A further drop toward 42% dominance aligns with bullish sentiment for altcoins, supporting W Coin's potential breakout.
Entry: 8.765 or Market Price
1st Tp: 9.264
2nd Tp: 9.295
3rd Tp : 9.305
This signal is only for spot if you want future signals join my binance live.
Just click on my profile to join my live.
$DOT