Coinpedia-Market-Insight

Polkadot analysis in 4H time frame

BINANCE:DOTUSDT   DOT / TetherUS
* Polkadot is moving within a range between it's resistance around $38 and it's major support near $26.
* The below ascending trend-line is working as support for the price. In order to continue the uptrend DOT needs to break the above resistance.
* If the price breaks the below trend-line the price will drop till it's support zone.

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.