DOTUSDT Perpetual Contract
Short
Updated

Polkadot(DOT): Rejected From Bollinger Bands

937
Polkadot has shown us a decent rejection near the middle line of Bollinger Bands, which has also given us a confirmation of strength near that zone (as the re-test was secured).

As soon as we get the candle to close below that line, we will be looking for a potential movement between 100 & 200 EMAs.

Swallow Team
Note
snapshot
Polkadot has had full rejection from that middle line of Bollinger Bands, which is now pushing the price further down. As of now, all plays out nicely!
Note
snapshot
Polkadot has had a nice rejection from the middle line of Bollinger Bands, but yet we did not get a clean breakdown of our red line.

We are still looking for that zone to be broken, so keep your eyes open!

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.