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Polkadot Price Chart Analysis: Battling Prior Support by scaredycatguide

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· @scaredycatguide ·
$96.05
Polkadot Price Chart Analysis: Battling Prior Support
In this video I review the daily chart of Polkadot as we try to get a vibe of the price action after seeing it recently break a support zone.

After making all time highs price pulled back (with the rest of crypto) and initially tested the 40-38 support area before eventually breaking it.

A small rally in the past few days has price testing the level as resistance and it is a level it will need to breach otherwise it will be confirmed as resistance and price may come back to the swing low we just saw at 33-32.

I break this down and more in the video....

### Polkadot Battling Prior Support

https://youtu.be/LV3xy_exLSY



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vote details (252)
@agr8buzz ·
I really think of Polkadot as long term hodl. Sketchy as well to swing trade, but can be good for day trading. Lots of good projects in the ecosystem that could produce great returns in the short term. 

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@cryptospa ·
It would be nice if the price bounces off that support level and resumes the uptrend.
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@scaredycatguide ·
$0.05
Agreed, I had added more at 42 hoping it would.

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@cryptospa ·
HODL! Good luck 🤞!
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@hammad21 ·
good

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@jphamer1 ·
I think Polkadot as cool as it is, will be destroyed in a bear market, and investors know it and fear it.
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@pizzabot · (edited)
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@rentmoney ·
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