Finally Good News For PolkaDOT!

١١ أبريل ٢٠٢١

The price has been respecting an increasing trendline since it has begun the bull run. On 22 February, the price has experienced a very strong rejection of this trendline, and also around 22 march, a rejection is noticed. All this adds confluence to the fact that this trendline has become support. From 20 February till 20 March the price has failed to break a strong support zone (drawn in grey) many times and kept bouncing between 31$ and 37$. Recently we noticed a breakout of this zone where the bullish candles closed above this zone and now the price is testing it which transforms the old resistance zone into a support zone. The price can have a bullish run either soon or until the price touches again the trendline.