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Technical analysis by Omaraldo about Symbol DOT on 1/16/2024

https://sahmeto.com/message/3348241
Omaraldo
Omaraldo
Rank: 34293
1.1

Polkadot expected price action

Neutral
Price at Publish Time:
$7.49
،Technical،Omaraldo

Current support weak, will likely pull back labelled support before building momentum to move forward. Time will tell. will see how it plays out. regardless, i believe this crypto in undervalued at current price. DYOR, not financial advice.came back to support as expected. Based on current market sentiment, its possible that it might break current support and test middle support not shown on initial chart which is ~5.2 (which is Tue, 21,Nov 2023 candle. We will see how things play out.

Source Message: TradingView
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