Hello guys!
There is an ending diagonal pattern being formed on Polkadot and DOT is near resistance, there is a clear sign of buyers exhaustion, hence wait for a breakout of the dynamic support and short it.
The price trajectory on the chart is just an assumption, wait for the pattern confirmation to go long.
There is an ending diagonal pattern being formed on Polkadot and DOT is near resistance, there is a clear sign of buyers exhaustion, hence wait for a breakout of the dynamic support and short it.
The price trajectory on the chart is just an assumption, wait for the pattern confirmation to go long.
Note
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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.