Polkadot is consolidating above $10.74.
A bullish reversal from the current price location will result in a bullish move to $11.78.
A bearish break-out of $10.74, the key daily support, will push DOT price towards the support zone of $9.38-$9.76.
Intraday Chart
The DOTUSDT 4-Hour chart is bullish and is trading above $10.91.
(1) A bearish dip and a bullish rejection of $10.91 or (2) a bullish move from its current price location will push price to the key intraday resistance zone of $11.62-$12.13, where I will be closely watching the #Polkadot price action.
A bearish break-out of $10.91 will lead to a slow price decline to $10.31.
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A bullish reversal from the current price location will result in a bullish move to $11.78.
A bearish break-out of $10.74, the key daily support, will push DOT price towards the support zone of $9.38-$9.76.
Intraday Chart
The DOTUSDT 4-Hour chart is bullish and is trading above $10.91.
(1) A bearish dip and a bullish rejection of $10.91 or (2) a bullish move from its current price location will push price to the key intraday resistance zone of $11.62-$12.13, where I will be closely watching the #Polkadot price action.
A bearish break-out of $10.91 will lead to a slow price decline to $10.31.
Like once read!
Thank you!
Note
Following overall market sentiment, Polkadot declined to the support zone of $9.38-$9.76, as it was anticipated in the last update.A bullish reversal from the current price location will result in a bullish move to $10.74 and higher to $11.78.
A bearish break-out of $9.38-$9.76, the key daily support, will push DOT price towards the support zone of $8.34.
Intraday Chart
The DOTUSDT 4-Hour chart is neutral and just tested the bottom of the intraday range zone at $9.21.
A bullish rejection of $9.21 will push price to the key intraday resistance of $10.31, where I will be closely watching the #Polkadot price action .
A bearish break-out of $9.21 will lead to more downward pressure towards $7.39-$7.90 with additional support at $8.61.
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.
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.