BlockchainBreakdown

Polka Dot divergence and Fractals

KUCOIN:DOTUSDT   Polkadot / Tether
So I am looking at this daily....


They had 25 days of price growth with a downward trend of RSI: Causing a 35% pull back

Naw we see a solid recovery but it looks like the same thing is playing out on a smaller scale?

Coould we see RSI tend down while price goes up?

Could the pull back be at the prior ATH resistance of just shy of $50?

Ill watch it and update it..

I am always sus on shorting in the bull market...if I do it for 5 or 10% swings. because it could spike hardcore upwards on a dime.



But also with the release or Parachains and ecosystem growth...I could see Dot do 300 easy this bull run.

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