DOT / BitcoinLong
$DOT to march higher
Relative to BTC, Polkadot has bottomed and found support on the Supertrend.
On this 2day chart the candle ended yesterday with a bounce away from the Trend-line (Supertrend) and it looks like we will continue that way with how the current candle is shaping up.
The current candle ends 22nd November 0:00 UTC and if stays like this or betters than confirmation of the downtrend ends.
Also the Stochastic RSI has been oversold since the end of September, a move away from that level will see much more BTC flow into DOT.
On this 2day chart the candle ended yesterday with a bounce away from the Trend-line (Supertrend) and it looks like we will continue that way with how the current candle is shaping up.
The current candle ends 22nd November 0:00 UTC and if stays like this or betters than confirmation of the downtrend ends.
Also the Stochastic RSI has been oversold since the end of September, a move away from that level will see much more BTC flow into DOT.
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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.