POLKADOT SEPT 14-18 Analysis

By Hexxi
Updated
Key resistance and support levels to watch.
5:1 Risk ratio

New entries look for a breakout past current resistance for confirmation,
or a pull back for retest of trend line.

As usual observe bitcoin, stocks and dollar index for a macro view that will change the overall trend.

Happy Trading.
Comment
bearish levels to look for if resistance holds
snapshot
Comment
Starting to break the trend line downwards, still in a consolidation indecision zone. A lot depends on how btc.d and the stock market* moves

*if still correlated, news of europe hinting at negative interest rates puts bitcoin in bullish territory imo.)
Order cancelled
Btc dumps and along go the alts. Price settling at old support line.
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