Polkadot facing resistance

٢١ يونيو ٢٠٢٢

This one looks/feels just like Cardano.

We are looking at DOTUSDT (Polkadot) and we see that prices are trading above EMA10 and EMA21, which is always good... But resistance is being faced at EMA100.

This same level has rejected growth twice already this month and is the immediate challenge.

If DOTUSDT can manage to break and close above $8.06, we can expect much higher prices.
On the contrary, a rejection can lead to a test of the last low.

This is shaky spot...
This is the decision spot...
This is where you hear people talking about coin flip, 50/50...

We go GREEN and we use a tight stop-loss.

I think we are ready to go up.

Namaste.