Polkadot has been in this descending channel since its ATH, from its price history it can be seen that it respects ta very well so if it was to breakout I could see it riding all the way up to at least 35ish dollars where the .382 fib extension before retracing, making a higher low and going again. It is showing daily bullish divergence on both oscillators and also showing signs of seller exhaustion on the 4h and less. However, it hasn't got much support in this area except the minor one that it has held so far. A btc dump would see it easily break the dotted support and head to the next one. I will only be long at a break of channel because of this reason.
交易开始:
Break out on 4h