In the 4-hour timeframe, Polkadot is now on the top of a descending channel for which there are two possibilities. It will either break the channel ceiling and return to the bullish rally or fall to the new $ 23.70 floor and then rise to $ 35 after breaking the neckline by forming a W-pattern.
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.