Wamses

DOT PERSONAL ANALYSIS IN THE NEXT 1-3 DAYS

Short
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.

-----

If you like the content, please feel free to comment, boost, react, or share. I would appreciate it. Thanks!

-Wamses
Clause de non-responsabilité

Les informations et les publications ne sont pas destinées à être, et ne constituent pas, des conseils ou des recommandations en matière de finance, d'investissement, de trading ou d'autres types de conseils fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.