DOTUSD - A Quick 10% Gain After Breaking Trend Line
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Polkadot seems to have just broken through that long descending trend line after testing this line a few times historically. There's a good area for the price to head to of recent consolidation so we'll be aiming for around 10% gains to reach the bottom edge of this area after a Buy signal from Crypto Tipster v2.
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Note
...and that's the target hit within a day!
Where's the price going to head next? Can it reach $6.70?
Note
Are we consolidating here for another push upward to $6.70?
or
Are we going to drop back out of the current channel dow to $5.00?
What do you think?
Note
We smashed that target!, we're now sat in the mid-range of a historical consolidation area @ 6.70
Are we going to see a push to the top at $8 sometime soon? What do you think?
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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.