Polkadot #DOT 1D - Bearish Divergence
Polkadot (DOT) has had an amazing run up to an ATH recently. Now it seems there is retracement going on and a Bearish Divergence in sight on the 1D Chart. I set up a few trend lines to watch out for mixed in with Fib levels. DOT is following a nice channel in an upward direction since launching but it is also touching the top of the channel so keep that in mind. Lastly, RSI needs a cool down in order for another leg up.
What are your thoughts? Comment below, hit the like and follow me. Thank you!
Disclosure: This is just my opinion and not any type of financial advice. I enjoy charting and discussing technical analysis . Don't trade based on my advice. Do your own research! #cryptopickk #bitcoin #altcoins
What are your thoughts? Comment below, hit the like and follow me. Thank you!
Disclosure: This is just my opinion and not any type of financial advice. I enjoy charting and discussing technical analysis . Don't trade based on my advice. Do your own research! #cryptopickk #bitcoin #altcoins
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.