Polkadot has been showing a nice breakdown of Bollinger Band's middle, which has also broken the support zone.
Upon seeing a daily candle close below that broken zone, we will turn it into a potential resistance, which would mean we might see further movement to lower zones (towards 200 EMA).
Swallow Team
Upon seeing a daily candle close below that broken zone, we will turn it into a potential resistance, which would mean we might see further movement to lower zones (towards 200 EMA).
Swallow Team
Note
The breakdown zone has been successfully secured, and now prices have been dropping slowly but steadily. So far, we have had 5% of market price movement!
Note
Polkadot has been having a re-test of the broken zone after that small, nice 6% of market price movement.
Now if the re-test is broken, we will most likely see further growth towards the last high zone, yet if we do not breakout from this re-test, then we will see 200 EMA to be touched soon!
Swallow Team
🚨 Authentic Traders
⚡️ Short-Term + Mid-Term Trades
Keep an eye on us and you will not regret it. 😉
Telegram: t.me/+fiEDSn7M9pJkODA0
⚡️ Short-Term + Mid-Term Trades
Keep an eye on us and you will not regret it. 😉
Telegram: t.me/+fiEDSn7M9pJkODA0
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.
🚨 Authentic Traders
⚡️ Short-Term + Mid-Term Trades
Keep an eye on us and you will not regret it. 😉
Telegram: t.me/+fiEDSn7M9pJkODA0
⚡️ Short-Term + Mid-Term Trades
Keep an eye on us and you will not regret it. 😉
Telegram: t.me/+fiEDSn7M9pJkODA0
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.