Polkadot (DOT): Possible Zones of Rejections
Polkadot has made a nice toucch to support zone during that market sell we had earlier this week.
As of now, we are looking for some further movement to the upper resistance zone, where we want to see a good rejection back to the support zone!
Swallow Team
As of now, we are looking for some further movement to the upper resistance zone, where we want to see a good rejection back to the support zone!
Swallow Team
Note
Polkadot has done a 30% recovery since that selloff we had, where price is still moving to upper zones.
Meanwhile, we keep an eye on daily candles to catch any momentum of selling here but ideally, we should see a touch of the upper zone of resistance!
Note
Polkadot has done a nice recovery and is still moving for a touch to our upper zones here, where as of now it has moved a good 35% of market price.
As we have not yet touched any of our zones on the upper zones here and taking in the fact that we are still seeing the buying volume here, we wait out for the upper zones to be reviewed to see if there is any weakness to kick in there!
Note
Polkadot did a good move to the upper resistance zone 2 times, where on the second attempt we had a good rejection and a downward movement of 23%.
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🚨 Authentic Mentoring
⚡️ Short-Term + Mid-Term Trades
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FREE: t.me/+fiEDSn7M9pJkODA0
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Disclaimer
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