Polkadot(DOT): Rejected From Bollinger Bands

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

Comment:

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!

Comment:

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!