The Polkadot price went parabolic since the beginning of December and smashed the monthly highs above $30
The asset is currently encountering a slight pullback which can be seen as a slight correction or relaxation, before the next leg up
Also, the chart so mentions the formation of the Cup, in Cup and handle pattern, which signifies a decent drop incoming shortly
Adding to the substance, the asset in the daily time frame is about to encounter a Death cross, wherein the 50-day MA is about to cross the 200-day MA and move towards the south. And hence dragging the price by nearly 15% to 20%.
Yet the asset could flip the downward trend very soon and attempt to close the yearly trade on a bullish note.
The asset is currently encountering a slight pullback which can be seen as a slight correction or relaxation, before the next leg up
Also, the chart so mentions the formation of the Cup, in Cup and handle pattern, which signifies a decent drop incoming shortly
Adding to the substance, the asset in the daily time frame is about to encounter a Death cross, wherein the 50-day MA is about to cross the 200-day MA and move towards the south. And hence dragging the price by nearly 15% to 20%.
Yet the asset could flip the downward trend very soon and attempt to close the yearly trade on a bullish note.
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.
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.