Polkadot(DOT): Breakdown Happened!

Polkadot has had a really nice breakdown where the price got rejected from the 100 EMA zone.

With now crushing down the 200EMA as well, we are seeing a good chance of further movement here, so we are keeping our eyes open for a potential target zone to be reached!

Swallow Team

Commento:

Polkadot has had a great 7.35% market price movement, which touched nicely on our target zone.

Swallow Team

Commento:

After giving us a nice 10% market marketprice movement, we are not looking at a potential double bottom pattern here, which might result in a movement to upper zones.

Although it is early to talk about it, we are still keeping an eye on potential scenario here! If we fail to secure this zone, we will see further movement to lower zones (in a longer timeframe)