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POLK/USDT - 1D - Potential channel break & bull flag
Polkamarkets / Tether
Long
POLK/USDT - 1D - Potential channel break & bull flag
By dimuthj
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Nov 27, 2021
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Nov 27, 2021
POLK looking like it wants to move on the Daily.
Purple channel (flag) measured move taps the 0.5 fib extension.
Blue arrow (pole) measured move taps the 286 fib extension. Higher still, yellow arrow measured move (rising trend channel) taps the 100% fib extension.
A bearish move could send price down to the ATL area. Looking for a bounce at the green box if price does break down though.
breakout
bullflags
Chart Patterns
LONG
polkadot
polkadotecosystem
Trend Analysis
dimuthj
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