DOTUSDT Perpetual Contract
Short
Updated

Polkadot(DOT): Waiting For Trend Break!

516
Polkadot caught our attention on a 4-hour timeframe with multiple attempts to breakdown from that single trend that has been occurring since the beginning of this month!

With that being said, we are aiming to see those EMAs (100 and 200) touched and re-tested one more time before any further significant movement (either to upper zones or to lower zones)

Swallow Team
Note
snapshot
Polkadot made a really nice breakdown, which resulted in a touch of that 200EMA that we were talking about as well.

Not that we are having natural bounce from there; we are looking for another re-test to that same zone 😉
Note
snapshot
After Polkadot made a good movement to EMAs, it has been having a natural movement of correction after that touch.

As the push is still underway, we are slowly looking for another zone to potentially short the coin!

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