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The Polkadot(DOT) reacted well to the Resistance lines and started Falling again.
đRegarding Elliott wave theory, Polkadot(DOT) seems to be completing Corrective Waves.
đThe structure of Corrective waves is Zigzag(ABC/5-3-5).
đI expect the Polkadot(DOT) to go down to at least theđąSupport zone($6.30-$5.67)đąand Support lines to complete microwave 5 of the main wave C.
âïžâ ïžNoteâ ïžâïž: An important point you should always remember is capital management and lack of greed.
Polkadot(DOT) Analyze (DOTUSDT), 4-hour time frame â°.
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.
Please do not forget the â ' like'â button đđ & Share it with your friends; thanks, and Trade safe.
đRegarding Elliott wave theory, Polkadot(DOT) seems to be completing Corrective Waves.
đThe structure of Corrective waves is Zigzag(ABC/5-3-5).
đI expect the Polkadot(DOT) to go down to at least theđąSupport zone($6.30-$5.67)đąand Support lines to complete microwave 5 of the main wave C.
âïžâ ïžNoteâ ïžâïž: An important point you should always remember is capital management and lack of greed.
Polkadot(DOT) Analyze (DOTUSDT), 4-hour time frame â°.
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.
Please do not forget the â ' like'â button đđ & Share it with your friends; thanks, and Trade safe.
Handel aktiv:
We can confirm the failure of the Uptrend line, probably DOT will drop to at least $6.
Kommentera:
The analysis is valid as long as DOT has not broken the resistance lines and touched the price of $7.40.
Kommentera:
Still valid.
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