DOT bearish flag chart pattern
DOT has been forming a bearish flag pattern, however volume analysis show us that bearish effort has been useless as the price has been maintained by bulls, if at some point the support I draw is broken then we could be expecting a major price move downwards but given the recent outcome of prices is still too soon to know wether price is going down or up.
The best strategy could be to wait until a major movement is done to know if price is going bearish, bullish or we'll have a horizontal price season.
The best strategy could be to wait until a major movement is done to know if price is going bearish, bullish or we'll have a horizontal price season.
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