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Hessm
Aug 10, 2023 4:29 PM

Polkadot/Bitcoin - Monthly Time Frame Long

DOT / BitcoinBinance

Description

BINANCE:DOTBTC - 1M

Hello everyone,

Supply and Demand Zone:

As you Can See DOT/BTC is Almost Correcting itself 100% of the Rally(Up Trend), So we Gonna face 2 possibilities:

A: Correction's Done and after a bit of "RANGE", we are gonna go upward again
OR
B: the Down-Trend is gonna be continued to the "Lower Low", RETEST the "Major SUP and keep falling Down

Trend-Line:

As you Are looking at the Trend-Line,
IF we manage to Break-out The Trend-Line and Retesting it, Price will defiantly go towards the "Supply and Demand Zone", Range for awhile there and again UP towards the "ATH".

OR

The Trend-Line is not gonna be Broken-out and the new "LOWS" are gonna be discovered!

Lets see :)
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