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Polkadot
Short

$DOT | In A Channel: Rinse & Repeat

By CryptoHotep
DOTUSD while not at extreme levels on RSI, is still touching upper Bollinger Bands in a tight channel signaling LESS volatility. Which means, it should follow a consistent path of UP & DOWN trend. Couple this with the fact of the previous candle rejected at resistant, I predict this price to come back down to below the 20 MA right before the short term support line.

Rinse and repeat type of trade here.
bollingerbandstrategyChart PatternscryptoDOTEMASHarmonic PatternsphemexpolkadotpriceactionsupportandresistancezonesTrend Analysis
CryptoHotep
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