DOT/USDT Perpetual Contract
Short
Updated

Polkadot(DOT): Possible Fakeout To Form! (Break of EMAs)

960
Polkadot is forming a nice second fakeout after breaking the branch of EMAs here in a 4-hour timeframe.

We are now looking at a possible repeat of history where we form a full fakeout and a break in EMA follow-up. So keep your eyes open for a possible breakdown and a movement to lower zones here!

Swallow Team
Note
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Polkadot is still trading above 200EMA, not giving us any clean signs of possible breakdowns or bullish movements.

We are keeping an eye on the coin here and that 200EMA so we are waiting for any more signs here!
Note
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Polkadot is still teasing that 200EMA is trading just near that while we are looking here for a fakeout to form and a breakdown to happen.

As of now, we wait for a break and then look again for further confirmations here!

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