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Polkadot Elliott Wave technical analysis [Video]

DOT/USD Elliott Wave technical analysis

Function: Follow Trend

Mode: Motive

Structure: Impulse

Position: Wave ((1))

Direction next higher degrees: Wave I of Impulse

Details: The increase in Wave 1 before the correction in Wave 2.

Polkadot/ US Dollar (DOT/USD) trading strategy: The wave 1 rally seems to be over, so watch out for a wave 2 correction and the price remains in an uptrend and we are looking for a re-trend.

Polkadot/ US Dollar (DOT/USD) technical indicators: The price is above the MA200 indicating an uptrend, The Wave Oscillator is a Bullish Momentum.

DOT/USD Elliott Wave technical analysis

Function: Follow Trend

Mode: Motive

Structure: Impulse

Position: Wave ((1))

Direction next higher degrees: Wave I of Impulse

Details: The increase in Wave 1 before the correction in Wave 2.

Polkadot/ US Dollar (DOT/USD) trading strategy: The wave 1 rally seems to be over, so watch out for a wave 2 correction and the price remains in an uptrend and we are looking for a re-trend.

Polkadot/ US Dollar (DOT/USD) technical indicators: The price is above the MA200 indicating an uptrend, The Wave Oscillator is a Bullish Momentum.

Polkadot Elliott Wave technical analysis [Video]

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