SamSuka
The Long Investor
The Long Investor

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$DOTUSD - RC -

Another popular crypto stock that has made a strong move since its all time low line at $3.55.

It has not broken out of its wedge, just like $ADA yet, unlike $SOL, but it is pulling back to its 200 Day MA, more than likely due to what has happened with Binance over the last 24hrs.....that being said, cryptos have been holding up well considering this news.

If Polkadot can hold above its 200 Day MA at $4.77, it has a good chance of bouncing here and going above the wedge again and this time holding above.

If it can do this, the first and second targets are above as shown.

$DOTUSD - RC -

Comments

Thank you 🙂

LukEngineer.xrp

Thanks for posting this- I have a decent position in $DOT

Clint M


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