DOTUSDT – 4H
Polkadot's main feature is its ability to connect multiple blockchains into a single network, allowing them to communicate and share data with each other. This is achieved through the use of a unique technology called the Polkadot Relay Chain, which serves as a hub to connect multiple "Parachains" (parallel blockchains) to the Polkadot ecosystem.
At 4 o'clock it has just broken the upper line of the Keltner channel and is currently at the fibo resistance at 7,366. The support line in the near future is $6,627 which would be the median of the channel, if the support is broken, the next support is $6,022
RSI has approached the upper end of the range, which may give a slight pullback in price (not necessarily, by itself it doesn't mean anything)
Here are the supports and resistances in the 4H:
Key Support Levels: 6,627 / 6,022
Key Resistance Levels: 7,451 / 8,022
Polkadot's main feature is its ability to connect multiple blockchains into a single network, allowing them to communicate and share data with each other. This is achieved through the use of a unique technology called the Polkadot Relay Chain, which serves as a hub to connect multiple "Parachains" (parallel blockchains) to the Polkadot ecosystem.
At 4 o'clock it has just broken the upper line of the Keltner channel and is currently at the fibo resistance at 7,366. The support line in the near future is $6,627 which would be the median of the channel, if the support is broken, the next support is $6,022
RSI has approached the upper end of the range, which may give a slight pullback in price (not necessarily, by itself it doesn't mean anything)
Here are the supports and resistances in the 4H:
Key Support Levels: 6,627 / 6,022
Key Resistance Levels: 7,451 / 8,022
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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.