DOT / Bitcoin
Long
Updated

Will DOT Explode Next Week?

362
This is my analysis of the pair DOTBTC. Both MACD and RSI indicators show some upcoming Bullish sign to the current price. 20 MA is sloping up, Bollinger Band is squeezing hard, and Buying Volume is picking up. Expect a small retracement (if any) before breaking out of the range. Hopefully, the price still closes above the 20 MA for the next few days.

Note: There might be a low trading volume during this coming weekend, but will Polkadot manage to make a U-Turn to the upside next week? Please comment and share your thoughts. Happy Trading!
Note
DOT is gearing up. Hold tight!
Note
Hell Yeah! What a ride!

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.