Polkadot - Breakout
DOT has broken out a falling wedge to the upside as well as above the 0.618 fibonacci with support from a high volume node from the volume profile.
The oscillator also resides in oversold territory, which proved to be somewhat of a bottom back in July.
This would indicate a good buy opportunity should the price action hold around the current level.
The oscillator also resides in oversold territory, which proved to be somewhat of a bottom back in July.
This would indicate a good buy opportunity should the price action hold around the current level.
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