Lowe's Target

How Polkadot [DOT] traders can time their entries to remain profitable

Reading now: 584

Correlating with the broader market, Polkadot [DOT] has been on a solid slump for the last few months. This decline chalked out a two-month trendline resistance (yellow, dashed).This resistance level has curbed recent bullish revival attempts while the alt consolidates in the $6.5-$8 range.

The buyers have defended the $6.5-support for over 17 months while the sellers kept finding fresher lows.Any rebound could help the alt break out of its falling-wedge-like structure.

Read more on ambcrypto.com
The website fvbb.com is an aggregator of news from open sources. The source is indicated at the beginning and at the end of the announcement. You can send a complaint on the news if you find it unreliable.

Related News