BlockchainBreakdown

Polka Dot divergence and Fractals

KUCOIN:DOTUSDT   Polkadot / Tether
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.

Feragatname

Bilgiler ve yayınlar, TradingView tarafından sağlanan veya onaylanan finansal, yatırım, işlem veya diğer türden tavsiye veya tavsiyeler anlamına gelmez ve teşkil etmez. Kullanım Şartları'nda daha fazlasını okuyun.