May 6, 2026

POLKADOT-Can a good news save an asset?

POLKADOT-Can a good news save an asset?

POLKADOT-Can a good news save an asset?

POLKADOT-Can a good news save an asset?

DOT / TetherUS BINANCE:DOTUSDT
mignaly


POLKADOT-Can a good news save an asset?

Hello everyone

Due to the bad news from wallsreet and Nasdaq, a big red bar appeared on every chart, on daily of coarse.It’s not the first time we had more than 10% fall in crypto market.

On daily chart of DOTUSDT , there’s a double bottom pattern forming, which can take the price to our resistance level of 15.5$ and maybe break out of our bear trend line ; As for our support, price levels of 14.5$ and 14$ are in place , plus a weekly trend line which held on good in the past couple of days.

We may get a doji bar for today,because of the news and fear, so just don’t expect that much from the market today.

I will be glad to hear some feedback and questions.

Previous Article

Will The FOMC Boosts Propel the Bitcoin(BTC) & Ethereum(ETH) Price Above $44,000 & $3200?

Next Article

POLKADOT-Can a good news save an asset?

You might be interested in …

too clear short timing(rising wedge)

too clear short timing(rising wedge)

too clear short timing(rising wedge) Bitcoin / US Dollar (calculated by TradingView) BINANCE:BTCUSD LeeBit this chart show us too clear rising wedge . this indicate price will go down. i short 50k at 45k. stop […]

APENFT shining star with high protentional ๐Ÿš€

APENFT shining star with high protentional ๐Ÿš€

APENFT shining star with high protentional ๐Ÿš€ APENFT / Tether KUCOIN:NFTUSDT MadWhale Hello, today I want to analyse this token fundamentally and technically โœ”๏ธ based on the chart the price is close to channel resistance, […]