Rgeo28
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headandshoulders
movingaverage
parallelchannel
supportandresistance
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Polkadot is at the bottom of the accumulation zone, therefore it's a low risk entry. The RSI shows a bullish divergence as price was flat but RSI made higher lows. Fundamentals: Most important is JAM: a decentralized cloud computer that was able to run the game DOOM. Next, are low-fee stable coins, where the fee is paid in stable coins - no need for DOT coins.
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Are we at the bottom of a massive parallel channel? This seems like a good place to buy. Also be prepared to buy at the weekly 200MA, if that happens.
4
Support is 92K, if that breaks then worst case it falls to 64k-72k range.
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