DOT Polkadot 's recent bullish run has given way to a retracement, offering potential short entry opportunities. Price is approaching a key higher-timeframe support level however, so proceed cautiously and prioritize risk management. Further downside is possible. This analysis is for educational purposes only, not financial advice.
Hi Traders, Investors and Speculators of Charts📈📉 Polkadot is currently trading 93% under it's ATH. Although this is bad news for most bag holders, the good news is that the bottom is either in - or very close. There's no doubt that a bullish cycle is overdue, but not just yet. Technical indicators on lower timeframes show bears are still dominating, and there's...
Hello Crypto Lovers, Mars Signals team wishes you high profits. We are in the daily time frame. The price shows signs of being supported by the S1 line. If this happens, then the first target would be the R1 line and then the R2 line. It is also possible for the price to be rejected from the R1 line and fall back down to the S1 line. If S1 is also lost, then the...
Good Day Traders. If you like my Idea please give me a follow and a thumbs-up! - Currently, we are in a nice descending triangle. - We can see potential Head and shoulders forming within the triangle - I'll wait for confirmation to drop below the neckline - trade safe - smile - I am not a financial advisor - make a plan, stick to it - trade what you are willing...