Polkadot forming a long-TF ascending triangle on Daily
2nd bottom & re-test of the ascending triangle seams to be confirmed by:
- RSI bottomed and about to breakout (same levels as mid-july 2021 selloff)
- Current overall market reaction
- 23.6 Fib level acting once again as nice support
- MA 100 & 200 seem to re-create a similar pattern as during mid-july 2021 selloff
Potential 50% gains until EO Feb 2022.
Entry at 19-20$
Stop loss at 17.90$
--> Target 28-31$
Happy Trading!
2nd bottom & re-test of the ascending triangle seams to be confirmed by:
- RSI bottomed and about to breakout (same levels as mid-july 2021 selloff)
- Current overall market reaction
- 23.6 Fib level acting once again as nice support
- MA 100 & 200 seem to re-create a similar pattern as during mid-july 2021 selloff
Potential 50% gains until EO Feb 2022.
Entry at 19-20$
Stop loss at 17.90$
--> Target 28-31$
Happy Trading!
Trade ativo
Idea Is still ValidTrade fechado: stop atingido
Aviso legal
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Aviso legal
As informações e publicações não se destinam a ser, e não constituem, conselhos ou recomendações financeiras, de investimento, comerciais ou de outro tipo fornecidos ou endossados pela TradingView. Leia mais nos Termos de Uso.