TradingView
Tilen_tradershub
Mar 22, 2022 7:56 AM

DOT Long Long

Polkadot / U. S. DollarKraken

Description

Polkadot token (DOT) found support on higher time frame and price made a higher high formation, which was the first bullish sign after long period of price decrease from December ATH. DOT is now moving bullish from the break out of descending triangle pattern. The same pattern was established in July last year, when DOT bottomed out at around $10. RSI is nicely picking up and is in bullish zone on daily chart, price is above 13- and 20- moving average, indicating, bulls are in control.
Comments
More