POLKADOT PERSONAL ANALYSIS IN THE SHORT TERM (RE-SHORT RETEST!)

The total evaluation for the POLKADOT asset is completely bearish. Please be warned of your risks and make sure to manage it properly. I see the same confirmation candles as well in the daily for a potential reversal to the upside, take your profits always and remember to short at great levels of volume congestion for a bigger edge. A retest on the support we failed to hold will most likely be a proper target with a potential to make mega dumps even further.

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Thank you for reading! Remind you that this is a 1H chart since the movement is more clean rather than 4H chart and 1D chart which are mostly jumbles. The 1H chart even explained how we broke through an important resistance from the bottom forming a bullish flag. Like this chart? Share it, bookmark it, save it -- its yours, for free!

Comment:

This has now been invalidated until further confirmation.

Order cancelled:

Already closed this long with breakeven SL. Invalidated pattern caused by a hawkish Jack Powell announcement.

Trade active:

Opened position at 7.17$ DOT to take profit at 7.8$ DOT