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dimuthj

POLK/USDT - 1D - Potential channel break & bull flag

Long
Polkamarkets / Tether (KUCOIN:POLKUSDT)  
dimuthj  
KUCOIN:POLKUSDT   Polkamarkets / Tether
Trend Analysis Chart Patterns polkadot polkadotecosystem LONG bullflags breakout
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trendanalysis chartpattern polkadot polkadotecosystem long bullflags breakout
POLK looking like it wants to move on the Daily.

Purple channel (flag) measured move taps the 0.5 fib extension.

Blue arrow (pole) measured move taps the 286 fib extension. Higher still, yellow arrow measured move (rising trend channel) taps the 100% fib extension.

A bearish move could send price down to the ATL area. Looking for a bounce at the green box if price does break down though.




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