thriftyDirecto21414

Polkadot, where from here?

Short
KRAKEN:DOTUSD   Polkadot
Where is polkadot going from here? After Polkadot´s explosive downwards momentum (june 15th), Dot has formed a bear flag, indicating further downwards momentum. Using the fob extension we can see the full extension would be in the area of $4. Previous supprt structure of 20 and 50 MA was broken after Bitcoins turn downwards after it´s ATH. If we don´t see Dot forming a bottom structure here, we must assume further downwards momentum.
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