HEY, What's up Guys !
What happened for POLKADOT !
In The last analysis that I posted for DOTUSDT ,It wasn't successful to rise and trigged my stop-loss and as you can see after a cross_under signal it started a sell_off rally , but in the first case , it was successful after the long signal , the price multiplied by 10x ( -30%๐ป๐ | >1000% ๐ฏ๐ฐ ).
So today as we can see in the daily time frame for DOT/USDT , after a huge drop, it has managed itself on the the PIVOT zone as a support area ,and if it be able to maintain itself on this current zone at least for a week, then it can rise again and reach the resistance levels ,or it can even see the higher resistance zone again , then likely fall again because the overall trend of market is still bearish !
but otherwise , according to the bars pattern it will continue its downtrend , it can fall to the lower support lvl or even even see the lower Demand zone then start to rise again from there!!
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๐This analysis is my personal opinion ,not a financial advice ,so do your own research.
๐ if you're a fan of my analyses PLZ follow me and give a big thumbs ๐ OR drop comment ๐ฏ๐ญ
What happened for POLKADOT !
In The last analysis that I posted for DOTUSDT ,It wasn't successful to rise and trigged my stop-loss and as you can see after a cross_under signal it started a sell_off rally , but in the first case , it was successful after the long signal , the price multiplied by 10x ( -30%๐ป๐ | >1000% ๐ฏ๐ฐ ).
So today as we can see in the daily time frame for DOT/USDT , after a huge drop, it has managed itself on the the PIVOT zone as a support area ,and if it be able to maintain itself on this current zone at least for a week, then it can rise again and reach the resistance levels ,or it can even see the higher resistance zone again , then likely fall again because the overall trend of market is still bearish !
but otherwise , according to the bars pattern it will continue its downtrend , it can fall to the lower support lvl or even even see the lower Demand zone then start to rise again from there!!
--------------------------------------------------------------------------------------------------------------------
๐This analysis is my personal opinion ,not a financial advice ,so do your own research.
๐ if you're a fan of my analyses PLZ follow me and give a big thumbs ๐ OR drop comment ๐ฏ๐ญ
