Polkadot looking great & successful reached TP1, new TARGET area analysis accordingly FIBS LEVEL, if we hold major supports @38 - 41usd..!!
Dot also forming nice cup& handle pattern with good bullish behaviour!!
DOT at $ 43 or INR 3500 and NinjaMoku is awaited for decent upside of $--- NinjaMoku ; NinjaMoku is a trend following system based on ichimoku , enabling us to take right entry & exits at decisive points in the trend.
Dot breaking the side way's accumulation zone after 2 months, the sideways box channel brakout and retest Opens our Target for 55$ and beyond The April pump has just begun
Can you decipher the similarities? A previous Bull Flag formation breakout achieved its target. Now once again the CHART indicates that another Bull Flag formation breakout has not only taken place but the same has been successfully tested too. What does it imply? Decide.
There is a strong Double top and the price has come down consistently with more red candles. Has broken my support and is now heading towards previous resistance. All indicators suggest a good downtrend. What do you think?
Trading suggestion: There is a possibility of temporary retracement to the suggested support line (40.5750). . If so, traders can set orders based on Price Action and expect to reach short-term targets. Technical analysis: . DOTUSDT is in an uptrend, and the continuation of the uptrend is expected. . The price is above the 21-Day WEMA which acts as a dynamic...