DOTLong
POLKADOT incoming BREAKOUT
We formed a consolidation pattern. Now we are approaching it's apex. I expect a strong breakout to the upside and resumption of the bullish trend.
To support this we have a decreasing volume inside the triangle which indicates we are clearly in a consolidation pattern. The further decrease in price is not supported by volume.
On the MACD we can see a bullish momentum picking up steam.
GL&HF ;)
To support this we have a decreasing volume inside the triangle which indicates we are clearly in a consolidation pattern. The further decrease in price is not supported by volume.
On the MACD we can see a bullish momentum picking up steam.
GL&HF ;)
Related publications
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.