Polkadot (DOT): Another Fake-out Zone / Time To Short?

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Polkadot has made yet another fake-out zone, showing us the demand for downward movement here.

We are seeing a great chance of those EMAs there being touched and broken, which would result in a nice downward movement!

Swallow Team

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ملاحظة

Polkadot is attempting to breakout from the local resistance zone (after forming a fakeout).

We are keeping an eye closely on current moves, as if we breakout from here and break also high zones of fakeout boxes, then we will see great bullish movement. But as long as we hold the current zone, we are looking for a short!

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ملاحظة

Polkadot had a nice rejection and made a nice 6% market price movement so far.

As of now, the price is seeing some rejection, but we are looking forward to further moves here!