The graph on Polkadot has already given the bulls a chance, created the Triple Bottom, the graph could no longer give the bulls a better boost, unfortunately the bulls surrendered too soon and the bears can soon show their claws.
Not the financial board.
Just for fun.
Not the financial board.
Just for fun.
交易進行
註釋
On Friday the 13th, this day I was expecting a correction, so it is possible that the market maker will take advantage of fear and send it up (eliminate short positions and test some support from below).Otherwise, the direction is still down.
交易結束:目標達成
註釋
In the previous idea, I set the bear target at $ 7, it has already been reached and what next?DOT is currently in the area of strong resistance, if there is no breakthrough by the end of the week, I expect a move down.
註釋
I see weakness on the DOT chart at the moment, the bulls have failed to break through.
I see a rejection of the resistance and currently a break below the lower trend line of the channel.
If this is just a show for the bears and the bulls try to break through once more, it cannot be ruled out.
But if there is no breakthrough and a valid closing above, then nothing changes.
If it continues to decline, it could probably hit a new low in two months.
Below I can envision a round bottom and inverted head and shoulders, a strong pattern that will entice traders to enter and the liquidity provided will trigger a rally.
Big players enter the head, traders after the creation and confirmation of a complete pattern and retailers classically during the rally just before the crash.
交易進行
註釋
DOT is lingering in the area of the double bottom and tempting the bulls to go long. In a bull market it would be a good entry, but we are not in any bull market.
Many altcoins have already returned to the beginning of the rally in December, where many traders were calling for a bull market and already predicting meaningless targets.
In the current market without liquidity, I cannot be bullish.
People are still very bullish, they see that it's down 90% and buy, but that doesn't mean it can't drop another 50-90%.
We are not at the bottom.
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免責聲明
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