
@morecryptoonline
YouTube
Avg. Quality
71
Success Rate
34.94
Analysis
664
Correct
232
Fail
324
Pending
105
Ineffective
0
Total Quality
Score
If You Had Traded on This Analysis…
Pending

DOTUSDT
Long Entry
2.9400
2025-10-18
01:59 UTC
Target
5.7800
Fail
2.2600
Risk/Reward
1 : 4
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The analysis focuses on DOTUSD, currently priced at $2.92. It highlights a lifetime downtrend and identifies a potential rally if the price breaks above the green line at $4.92. Resistance area is between $5.78 and $10.25. The analyst notes that previous rallies towards the 2021 high were only three-wave moves, followed by five-wave declines, suggesting continued weakness. The analyst suggests that a potential ABC structure could form to try to trap other analysts that are calling for all time highs before going down. A break below $2.26, which the analyst describes as a 138% retracement level, would invalidate the bullish scenario. The daily chart indicates pressure remains downward and a new low has been formed, to be considered a bullish divergence the chart has to break above the $3.46 level and consider the last swing high located at $4.44.