Polkadot
Panjang

PolkaDot DOTUSDT - HUGE Parallel Channel on the Daily chart!

- Polkadot is strong on the daily timeframe , as we can see.
- The price broke out of the bullish falling wedge and now is unstoppable!
- On the daily time scale, we can spot a huge blue parallel channel , which acts like a support and resistance .
- Target top of the chanel or 1:1 fib extension on the daily chart .
- For expected duration of the trade, probability, stop loss, profit target, entry price and risk to reward ratio ( RRR ) - please check my signature below ↓
- Due to my Elliott wave count, the correction is totally over and we can expect a higher prices!
- If you want to see more of these ideas, hit "Like" & "Follow"!
Ascending ChannelBullish FlagBullish PennantDescending ChannelDOTBTCDOTUSDDOTUSDTOscillatorsParallel ChannelpolkadotSupport and ResistanceSymmetrical Triangle

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