Alikze »» DOT| Bullish Wave 3 or C Scenario
2024-12-17
Category: None

🔍 Technical analysis:  Bullish Wave 3 or C Scenario - 1D 

📣  BINANCE:DOTUSDT    encountered demand on the weekly time frame after a zigzag correction to the $3.70 range, which succeeded in breaking the supply zone.

🟢 In the analyses presented on the 4-hour and 8-hour time frames, Polkadot managed to break out of the congestion after successfully breaking it, which broke the supply zone due to buyer pressure.

🟢 Currently, given the momentum, Polkadot can continue its upward trend to the next supply zone after a pullback to the green box area.

💎In addition, this motivational wave can also touch its historical major ceiling if the second supply zone is broken.
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