Testing the upper side of the descending channel.
Might retest the median zone of the channel.
The retest at $0.7 level was clean and with increasing volume.
Currently, the volume is increasing as well.
Broke the ascending triangle & channel downwards, and reaching the accumulation zone.
Formed a local triangle on 1D with high potential to break upwards.
Volume still above average with RSI and Lycan S-Wave pointing out an upwards price continuation.
Polkadot has been bouncing between $42 and $28 levels for a while.
Looks like it's ready to break the $42 resistance.
Volume rising with DOT out of the accumulation zone.
1.617 Fib extension is at $58 level.
Considering its so-much hyped ecosystem there is no wonder why #Polygon's price got so high.
Lots of projects partner with Polygon for its low cost and fast transaction speed, all powered by #ETH.
4h chart is drawing a bull flag, & a price correction.
The retest isn't clear enough yet.
R1 is also an important resistance, but rn more important is the retest of the trendline.
Switch to lower TF for a better entry.
TP1 short-term for a 100% run.
Since 1/1, #Solana pumped almost 1500%.
Even so, fractals could still apply plus $BTC might come into a correction soon.
I will start loading within $22-25 range.
TP at $40, with an 80% run.
1W shows an incoming correction.