RSI also shows a divergence, which is a good sign.
I think $55 is a reasonable target for
Polkadot and if it breaks with a good volume, we will see a price discovery around $70.
But these targets need two prerequisites:
1.
Bitcoin must be bullish or stable.
2. Dot needs to maintain its uptrend to break the $48 ~ $50 resistance.
I think $55 is a reasonable target for
Polkadot and if it breaks with a good volume, we will see a price discovery around $70.But these targets need two prerequisites:
1.
Bitcoin must be bullish or stable.2. Dot needs to maintain its uptrend to break the $48 ~ $50 resistance.
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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.