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Polka Dot divergence and Fractals
Polkadot / Tether
Polka Dot divergence and Fractals
By BlockchainBreakdown
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Oct 22, 2021
1
Oct 22, 2021
So I am looking at this daily....
They had 25 days of price growth with a downward trend of RSI: Causing a 35% pull back
Naw we see a solid recovery but it looks like the same thing is playing out on a smaller scale?
Coould we see RSI tend down while price goes up?
Could the pull back be at the prior ATH resistance of just shy of $50?
Ill watch it and update it..
I am always sus on shorting in the bull market...if I do it for 5 or 10% swings. because it could spike hardcore upwards on a dime.
But also with the release or Parachains and ecosystem growth...I could see Dot do 300 easy this bull run.
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