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CryptoHotep

$DOT | In A Channel: Rinse & Repeat

Short
Polkadot (COINBASE:DOTUSD)  
CryptoHotep  
COINBASE:DOTUSD   Polkadot
Trend Analysis Harmonic Patterns Chart Patterns polkadot DOT phemex crypto priceaction supportandresistancezones EMAS bollingerbandstrategy
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trendanalysis harmonicpatterns chartpattern polkadot dot phemex crypto priceaction supportandresistancezones emas bollingerbandstrategy
DOTUSD while not at extreme levels on RSI, is still touching upper Bollinger Bands in a tight channel signaling LESS volatility. Which means, it should follow a consistent path of UP & DOWN trend. Couple this with the fact of the previous candle rejected at resistant, I predict this price to come back down to below the 20 MA right before the short term support line.

Rinse and repeat type of trade here.
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