DOT / TetherUSLong
Possible breakdown or breakout , Consolidation
Hello Traders,
- Price action suggest that we will touch again support 32$ maybe back to 28$ ( good entry ) after a small consolidation then move back up to break key resistance at 38$ to a new time high , the interoperable blockchain POLKADOT will continue to surge higher anytime soon , watch out for a new confirmation from the buyers soon.
- On daily time frame we see a bullish market , its all about psychology and greed , watch market sentiment.
- My opinion: waiting for a healthy pullback to the strong support and put my entries.
Good luck traders !
- Price action suggest that we will touch again support 32$ maybe back to 28$ ( good entry ) after a small consolidation then move back up to break key resistance at 38$ to a new time high , the interoperable blockchain POLKADOT will continue to surge higher anytime soon , watch out for a new confirmation from the buyers soon.
- On daily time frame we see a bullish market , its all about psychology and greed , watch market sentiment.
- My opinion: waiting for a healthy pullback to the strong support and put my entries.
Good luck traders !
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.