polkadot at first try could not close below weekly OB around 4 $ ....after some pullback and bullish move it reject from 5.75 $ zone and make an Inducement and then drop to weekly OB again and could not close below weekly OB in 4.100 $ zone and swept this level...according to bitcoin and ETH weekly and monthly chart i want to see another leg up on both and polkadot can go up and swept that inducment made and reach to some liqidity around 6-6.4 $ on daily timeframe and then drop to 2.7 $ zone for accumulation next bullrun.hope enjoy
due to this week news coming...if this week candle can go up above last weekly low and weekly OB i see that as bullish momentum comes in and my setup still wrok .
but if weekly candle close in red below last week candle my setup get invalid and we can have just small pullback and drops again toward 2.5-3 $ zone