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POLK/USDT - 1D - Potential channel break & bull flag

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KUCOIN:POLKUSDT   Polkamarkets / Tether
POLK looking like it wants to move on the Daily.

Purple channel (flag) measured move taps the 0.5 fib extension.

Blue arrow (pole) measured move taps the 286 fib extension. Higher still, yellow arrow measured move (rising trend channel) taps the 100% fib extension.

A bearish move could send price down to the ATL area. Looking for a bounce at the green box if price does break down though.




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