The total evaluation for the Polkadot asset is bearish in both long-term and short term time frames. The weekly chart has an obvious arch to the downside but in the hourly chart, you can see a more detailed scenario of where and when you can put a proper short position with confirmation of resistance. The projection can easily go to the downside up to 5.15$ with a MAX weekly downside up to 4.8-5$ -- After that, DOT is a barren wasteland to trade so its better to trade other assets for a better idea on direction and position.
Please take in consideration as well the upcoming CPI inflation data report and make sure to take profits appropriately.
DO NOT BE GREEDY.
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If you like the content, please feel free to comment, boost, react, or share. I would appreciate it. Thanks!
-Wamses
Please take in consideration as well the upcoming CPI inflation data report and make sure to take profits appropriately.
DO NOT BE GREEDY.
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If you like the content, please feel free to comment, boost, react, or share. I would appreciate it. Thanks!
-Wamses