peterbhc

DOT Descending Wedge (bullish divergence)

Long
peterbhc Updated   
KRAKEN:DOTUSD   Polkadot
DOT is in another sharp descending wedge.

Typically this breaks sharply up, and after the correction DOT has completed, has provided more affordable prices for entry.

Notice the hidden bullish divergence.

Watch for a breakout
Comment:

DOT.D has made it to the lower level of channel. This appears to be near the end of consolidation
Comment:

$45 is showing support. looks like it goes up from here
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