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Solldy
13 mag 2022 10:53

DOTUSD ❕ lower boundary of channel Long

DOT / US DollarBinance

Descrizione

After the formation of the pattern head and shoulders, Polkadot rebounded.
During the rise, the DOT broke up the downtrend line.
Price is rising on rising volumes.
At 30m Timeframe above 200MA, at 1H Timeframe above 100MA.
50MA breaks through 100MA on 30m Timeframe.
Price is at the lower boundary of the descending channel, and stochastic RSI is overbought on 30m Timeframe.
I expect price may go down to retest the support level, but once it fixes above it, it will rise to the resistance level.
Commenti
simpsonepic1a
Entry was 7.
DeGRAM
Great charting skills. Thank you!
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