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Polkadot(DOT): Bollinger Bands Middle Line Is Red

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DOTUSDT Perpetual Contract (BYBIT:DOTUSDT.P)  
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BYBIT:DOTUSDT.P   DOTUSDT Perpetual Contract
Trend Analysis Chart Patterns Technical Indicators ETH Ethereum (Cryptocurrency) BTC Bitcoin (Cryptocurrency) bollingerbandstrategy bollingersband
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trendanalysis chartpattern indicator eth ethereum btc bitcoin bollingerbandstrategy bollingersband
Multiple rejection are happening on DOT coin but recently we had a really nice rejection from middle line of BB, which has been recently broken from that "bullish trend."

This might be a good start for a downward movement if we see the price glide below that middle line for some time now!

Swallow Team
Comment:
snapshot

While we are seeing the price hovering below that "bearish" middle line of Bollinger Bands, we are showing you our point of interest on this coin. We are waiting for that low zone to be filled from where we are going to monitor and see if we get a clean breakout from there or a breakdown.

According to that, we will be trading as well, so we are waiting for the zone to be filled
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