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The Polkadot(DOT) reacted well to the Resistance lines and started Falling again.
๐Regarding Elliott wave theory, Polkadot(DOT) seems to be completing Corrective Waves.
๐The structure of Corrective waves is Zigzag(ABC/5-3-5).
๐I expect the Polkadot(DOT) to go down to at least the๐ขSupport zone($6.30-$5.67)๐ขand Support lines to complete microwave 5 of the main wave C.
โ๏ธโ ๏ธNoteโ ๏ธโ๏ธ: An important point you should always remember is capital management and lack of greed.
Polkadot(DOT) Analyze (DOTUSDT), 4-hour time frame โฐ.
Do not forget to put Stop loss for your positions (For every position you want to open).
Please follow your strategy; this is just my Idea, and I will gladly see your ideas in this post.
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