On the left side, there is a 'PS' (Preliminary Support) area — meaning the first supported buying signals where the downward momentum begins to weaken.
Then, with 'Phase A', the price enters a fluctuating consolidation, with peaks and troughs being limited.
The 'Phase B' they refer to is the medium wave, where the price hovers at highs and tests the sellers — movements similar to ST (secondary test) are observed.
The 'Spring' (trough trap) section may involve the price testing supports, a false drop, or 'smart money accumulation' movements.
After 'Phase D', the target is 'Phase E' — that is, markup, where the price rises with an upward trend, breaking resistances.
Since November 2024, DOT has transitioned from the 'constant inflation' model to the 'linear growth / decreasing inflation' model.
The change in supply stabilization and the inflation model is a positive signal; however, its effect may spread over time and may not immediately reflect in the price.
Critical levels:
Support area ~ $2.97 – $3.25 Resistance area ~ $4.78 and $5.41
If an upward breakout occurs after the Spring, followed by resistance tests, and ultimately a transition to Phase E is achieved, we will have followed a nice pattern.
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I am a staunch supporter of Aziz YILDIRIM. Because he speaks with evidence and justification. "When he says 'shut up', they shut up; there's no need for him to say it a second time."
Ali KOÇ is so spoiled that he will throw out anyone who criticizes him from the hall, acting like a bourgeois.
It seems like he has strayed from the sentiment of "Fenerbahçe is the people's team"..
As a Galatasaray fan, I regretfully follow this. Fenerbahçe has never struggled this much.