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- 🎊 ETH Deposit & Trading Carnival Kicks Off!
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- 🧠 #GateGiveaway# - Crypto Math Challenge！
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⚓️ #Polkadot ( DOT ) is forming a remarkable formation. If the blue line tracking works successfully, a 8x profit potential may be possible:
The current price is $3.24, having dropped between 4% and 6% in the last 24 hours; the weekly performance is 18%.
✍️ Technical structure: The RSI on the 14-day charts is at 48 ( neutral ), oscillators like Stochastic and CCI are giving "buy" signals; however, MACD is in a slightly negative zone, and a breakout of the formation could accelerate the rise.
✍️ MAs: Short-term MAs with 10–20 periods provide support just below the price, and closures above the 50–200 day MAs are critical for the formation's sustainability.
✍️ With the working of this formation, the first support zone is 3.20-3.30 $, and if strong resistance is crossed above 4.00 $, potential confirmation can be obtained. However, closings below 3.00 $ may invalidate the formation.
‼️ It is not investment advice.
#DOT # Polkadot #Altcoin