Polkadot (DOT): One of Best Spot Buy Entries / Good Risk:Reward
Polkadot is back at that major support zone after getting another rejection from the resistance area.
Now we are seeing a few things here. Each time we reach the local support zone, which has been forming since 2023, we see a strong overtake of buyers, and after some time we experience a positive upward movement that doubles the price.
We are looking here to see yet another upward movement, thoughts?
P.S: Keep in mind that current market situations are pretty bad so we might fall lower, but this is still a good opportunity trade that can be taken in our personal opinion.
Swallow Team
Now we are seeing a few things here. Each time we reach the local support zone, which has been forming since 2023, we see a strong overtake of buyers, and after some time we experience a positive upward movement that doubles the price.
We are looking here to see yet another upward movement, thoughts?
P.S: Keep in mind that current market situations are pretty bad so we might fall lower, but this is still a good opportunity trade that can be taken in our personal opinion.
Swallow Team
Trade closed: stop reached
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🚨 Authentic Mentoring
⚡️ Short-Term + Mid-Term Trades
Join our amazing team and be part of something bigger.
FREE: t.me/+fiEDSn7M9pJkODA0
⚡️ Short-Term + Mid-Term Trades
Join our amazing team and be part of something bigger.
FREE: t.me/+fiEDSn7M9pJkODA0
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.