Polkadot

Polkadot testing old resistance?

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Hello! I hope you are doing well.

DOT:USD(T) in September shows divergence between RSI and Higher Highs in chart.

It is already in the tunnel it entered February this year and left in May. These are very strong support/resistance lines and were tested over and over again throughout these months.

With Polkadot/Kusama Parachain program the price can mean both - early anticipation for adaptation as well as preparedness "for the winter" by getting prices low to collect more of its tokens.

As this tunnel shows a heavy previous fight between bulls and bears, only when breaking one of two - resistance or support we will be able to anticipate the further direction.

Thank you

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