On its 4 hour chart Polkador Cryptocurrency appears to:
1. Stochastic Oscillator on the Oversold area level.
2. The appearance of Bullish Continuation patterns: Descending Broadening Wedge.
3. Above its Moving Average.
Based on the three things above then Polkadot has the probability to go up to the level 6,1163 as the main target and the level 6,3656 as the next target which will be tested while on the way to these targets there is no downward correction movement that breaks below the 5.4515 level because if this level is successfully broken down then all the scenarios described above will become invalid and cancel automatically
Relevance up to 04:00 2023-01-21 UTC+1 Company does not offer investment advice and the analysis performed does not guarantee results. The market analysis posted here is meant to increase your awareness, but not to give instructions to make a trade.
