Polkadot is looking similar to Litecoin, where 200EMA is acting as a pretty strong rejection zone, which is pushing the price lower and lower with each touch.
We are looking again for that lower zone (greenish) to be broken and a movement towards that target zone.
Swallow Team
We are looking again for that lower zone (greenish) to be broken and a movement towards that target zone.
Swallow Team
Note
Polakot is looking for a way to breakdown where recently it failed to push to the upper zoens and the current daily candle is already showing some weakness.
We are looking for a full-scale breakdown to happen here!
Note
Polkadot is testing yet again the 200EMA, which is the last resistance that is holding the price.
We are monitoring the coin for any potential rejections or breakouts, as if we see a clean breakout, then new highs will be reached!
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🚨 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.