Looks like a possible resistance flipped to support to me. However, if it breaks, $40 would be my next look. Thoughts? Also, I don't think I have enough lines on my chart. : ]
Longterm bullish on DOT. But, DOT is moving into former supply and Bearish Divergence MAY be forming here. Something to watch that may provide a dip opportunity.
Support may want to hold here. But, I'd like to see Matic move closer to $1 before making an entry. What does everyone else think?
Looking at the Weekly chart for Cardano. Notice some bearish divergence with the RSI. Although, I am long-term bullish. Short term seems to be leaning in to a dip.