PolkaDot - A Good Opportunity in Long term? Current trading values are similar to the ones in 2020 December when the coin was first launched.
I believe we will see Polka rising to its former Higher Highs before the end of this year.
Polkamarket
POLKADOT(DOTUSDT) SHORT TO $8-$9 POLKADOT(DOTUSDT) is going through an A-B-C correction. The correction looks like a Zig-zag correction which is a 5-3-5 wave design
Wave A - Went from $49 to $10.6
Wave B - Went from $10.6 to $55
Wave C - it's a 5 wave series and I think it will end up at $8-$9 zone before reversal
POLKADOT(DOTUSDT) going to retrace to 88.6% or 94.1% correction TO $8-$9 . We are presently at 78.6% FIB retracement, so the next best points are 88.6% and 94.1% and they are derived by the following formulae:
88.6% price level is derived by squaring (or multiplying by itself) from the Golden Ratio, 0.618:
0.618 x 0.618 = 0.786 (78.6%)
0.786 x 0.786 = 0.886 (88.6%)
0.886 x 0.886 = 0.941 (94.1%)
88.6% retracement price is $9.3
94.1% retracement price is $6.7
I believe POLKADOT(DOTUSDT) will still be shorted and may find the reversal between 88.6% and 94.1% zone because that's also a junction point where retracement of the whole five-wave series and the extension of the A-B-C meet
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polkusdt (polkamarket one of my favor cryptos ) we have an impulse and now it is in correction phase we will buy it after breaking the 1.15 price at 4h time frame
$POLK #POLK Polkamarkets - on watchlist!!!Polkamarkets is a DeFi-Powered Prediction Market built for cross-chain information exchange and trading, where users take positions on outcomes of real world events–in a decentralized and interoperable platform on Polkadot. The token is brand new, having been issued in February this year. The price is in a tightening range since Apr 1, dipping into a support zone between round 1.98 - 2.04 at remarkably similar time intervals of 28-30 4h bars so far. Weak resistances (thin dotted lines) lie overhead at around 2.36, and 2.70. If price breaks these and hold above them, this is a sign of bullish reversal to the upside, with stronger resistance overhead at around 3.06 and 3.49. Please follow BradtNom, leave a comment or link to your own ideas! Charts are for information purposes only. Not trade suggestions. DYOR (Do your own research) - act responsibly with your money.
Polk is ready to popFloor looks to be in for $polk. Coming to the end of a large symmetrical triangle. Volume lower and lower with a bullish divergence on the 4 hr. This could be the next big pump.
Target 4.25
DYOR and GL!
