Polkadot price has rebounded within the 
6,239-6,586 range, returning to the short/medium term uptrend.
Invalidation of bullish move will occur if DOT fot chasing MM200 at $6.264
First resistance level for Polkadot is $6.49, break should come at 6.59. A breakout of this barrier could take DOT to levels of $8.79.
Let's see how it unfolds as polkadot could start an impressive recovery soon.
Supports for DOTUSDT:
S1 6.39
S2 6.264
Resistances for DOTUSDT:
R1 6.49
R2 6.59
MM200: 6.264
EMAS: Pointed upwards, the asset usually follows the direction of this powerful indicator
RSI: Exhaustion of Buying Forces.
6,239-6,586 range, returning to the short/medium term uptrend.Invalidation of bullish move will occur if DOT fot chasing MM200 at $6.264
First resistance level for Polkadot is $6.49, break should come at 6.59. A breakout of this barrier could take DOT to levels of $8.79.
Let's see how it unfolds as polkadot could start an impressive recovery soon.
Supports for DOTUSDT:
S1 6.39
S2 6.264
Resistances for DOTUSDT:
R1 6.49
R2 6.59
MM200: 6.264
EMAS: Pointed upwards, the asset usually follows the direction of this powerful indicator
RSI: Exhaustion of Buying Forces.
Renato Ulianov | Market Analysis & Trading
YouTube: youtube.com/@TradewithRenatoUlianov
Disclaimer: All content is for educational and informational purposes only and does not constitute financial advice.
YouTube: youtube.com/@TradewithRenatoUlianov
Disclaimer: All content is for educational and informational purposes only and does not constitute financial advice.
Clause de non-responsabilité
Les informations et publications ne sont pas destinées à être, et ne constituent pas, des conseils ou recommandations financiers, d'investissement, de trading ou autres fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.
Renato Ulianov | Market Analysis & Trading
YouTube: youtube.com/@TradewithRenatoUlianov
Disclaimer: All content is for educational and informational purposes only and does not constitute financial advice.
YouTube: youtube.com/@TradewithRenatoUlianov
Disclaimer: All content is for educational and informational purposes only and does not constitute financial advice.
Clause de non-responsabilité
Les informations et publications ne sont pas destinées à être, et ne constituent pas, des conseils ou recommandations financiers, d'investissement, de trading ou autres fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.