DOT/USD Long

Polkadot / TetherKuCoin

Description

⋅ Apr 13, 2022 9:35 AM

Very nice looking long entry on Polkadot. Nice looking leading diagonal wave 1.

Good sign of buy support at the 0.618 Fibonacci level, however a leg down further to the 0.786 level is possible - in fact, I think it should be anticipated.

https://s3.tradingview.com/snapshots/z/ZCMPxmsB.png

Next, I expect the bulls to push to retest the highs after this period of accumulation.

Best of Luck!