Polkadot (DOT): Potential Cup & Handle Pattern ?
Polkadot has broken out of 200EMA and is now looking to break from the final resistance zone.
As we see a new 4-hour candle struggling to break local zones, we are now looking for some kind of rejection. We have 2 scenarios: either we form a cup-and-handle pattern or we will see a rejection from current zones, which would be the start of good downward movement breaking all lower zones!
Swallow Team
As we see a new 4-hour candle struggling to break local zones, we are now looking for some kind of rejection. We have 2 scenarios: either we form a cup-and-handle pattern or we will see a rejection from current zones, which would be the start of good downward movement breaking all lower zones!
Swallow Team
Nota
Polkaot is back at 200EMA, testing the zone for a potential breakdown from there. We are keeping an eye on that 200 EMA line there and as soon as we break it, we will be looking for a potential short position!
Nota
Polkadot made a nice 9% market price movement, dropping hard from the handle and breaking the local support zone!
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Keep an eye on us and you will not regret it. 😉
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Penafian
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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
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.