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.
כתב ויתור
המידע והפרסומים אינם מיועדים להיות, ואינם מהווים, ייעוץ או המלצה פיננסית, השקעתית, מסחרית או מכל סוג אחר המסופקת או מאושרת על ידי TradingView. קרא עוד ב־תנאי השימוש.
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.
כתב ויתור
המידע והפרסומים אינם מיועדים להיות, ואינם מהווים, ייעוץ או המלצה פיננסית, השקעתית, מסחרית או מכל סוג אחר המסופקת או מאושרת על ידי TradingView. קרא עוד ב־תנאי השימוש.