Polkadot hit a new low. And as the indicators show, this cryptocurrency is very oversold. Now the chart has formed a descending pattern, after which the market often goes to a reversal. Now the price is on the trend and horizontal support line. And in my opinion this is a good entry point. I now enter this trade with 20 leverage. The first target is $5.00 Maybe we will go even higher if we break the trend.
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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.