✴️ Polkadot Headed Toward $22, Followed by $36 (ATH $144)
Polkadot (DOTUSDT) has entered the bullish zone; says who?
➖ On the left side of the chart we have a market correction or bear-market.
➖ On the middle portion of the chart we have an ending diagonal or consolidation phase.
➖ On the right side of the chart we have a new bullish impulse, a 5-up wave or bullish phase.
A major bullish development is the break as resistance and close above EMA100 on the weekly timeframe.
On the daily timeframe we would say that a close above EMA100 signals medium-term growth potential being confirmed. Weekly this signal is 7X stronger, so we can say that long-term growth potential has been confirmed.
👉 The next target is $22 followed by $36.
There will be much more in 2025 and late 2024. The next All-Time High can reach $144.
(A rough estimate of course. We will go deeper into the numbers as the bull-market develops.)
Remember to boost!
Thanks a lot for your continued support.
Namaste.
➖ On the left side of the chart we have a market correction or bear-market.
➖ On the middle portion of the chart we have an ending diagonal or consolidation phase.
➖ On the right side of the chart we have a new bullish impulse, a 5-up wave or bullish phase.
A major bullish development is the break as resistance and close above EMA100 on the weekly timeframe.
On the daily timeframe we would say that a close above EMA100 signals medium-term growth potential being confirmed. Weekly this signal is 7X stronger, so we can say that long-term growth potential has been confirmed.
👉 The next target is $22 followed by $36.
There will be much more in 2025 and late 2024. The next All-Time High can reach $144.
(A rough estimate of course. We will go deeper into the numbers as the bull-market develops.)
Remember to boost!
Thanks a lot for your continued support.
Namaste.
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