🔷️ On the weekly timeframe, #DOT# is showing signs of a Wyckoff Accumulation structure. After a long period of sideways movement, if $DOT manages to break out of the accumulation phase, potential resistance zones based on Fibonacci levels are marked by the yellow lines on the chart. This type of setup often indicates smart money accumulation and can lead to strong price movements following a breakout. However, market conditions are always subject to change, so proper risk management is essential.



🔍 This is not financial advice.

#DOT# #Altcoins # Crypto #Polkadot # BTC
DOT1.57%
NOT-1.99%
BTC0.35%
post-image
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • Comment
  • Share
Comment
0/400
No comments
Trade Crypto Anywhere Anytime
qrCode
Scan to download Gate app
Community
English
  • 简体中文
  • English
  • Tiếng Việt
  • 繁體中文
  • Español
  • Русский
  • Français (Afrique)
  • Português (Portugal)
  • Bahasa Indonesia
  • 日本語
  • بالعربية
  • Українська
  • Português (Brasil)