We've got a breakout of channel with Polkadot here, not only a channel break, but the price is currently just above a recent SR level and we've got a Buy signal from Crypto Tipster v2 - all of these Bullish signals indicate a rise could be on the table!
We'd be expecting a temporary consolidation of price before experiencing a 15% rise to what has been a nice settlement area for the price historically. That's our target.
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We'd be expecting a temporary consolidation of price before experiencing a 15% rise to what has been a nice settlement area for the price historically. That's our target.
If you enjoyed or agree with this idea - drop us a comment, like & follow! :)
Note
We got that consolidation right, price then tried a fakeout downward before returning with big gains upward.We're almost at target, keep on going!
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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.