ALL traders and hodlers of Polkadot wait to see what will happen before commencing February 2022 reaching the price to the new resistance of 28 and attacking to the other levels by taking more volumes during February.
let's see and stay tuned with me during the next month to see the power of paracchains' mother, the majesty of Polkadot and web3!
:)
The resistance levels are 38.5usd and 45 USD if it can pass the imperative level of 32 USD. Then, it will go on this rising flag to other levels of more than 60 USD.
Polkadot is the leader of all web 3 coins and tokens and for this year, 2022 will be a game-changer and follows the way of Solana soon.
Based on the Eliot analysis, as it's obvious on the weekly chart of ETH/USDT, there was an increasing wave in 2018 pricing 1360 usdt. After correction, the price declines to 90usdt and there was a double bottom form in this area heading to 4400 in the year 2021. Now, it seems that for the completion of the big third wave in the weekly chart, it will take around 3...
Its obvious the the chart of BTC/USDT is going down till 19700 for the first support (Converting the resistance line of Dec.2017 to supportive line of August 2021).
When it comes to the next months it will bottom to 12400. Time to buy from this level and ready for the next bullish era
The key point is that there was a hidden positive divergence in RSI chart. On July 21st, it was confirmed and the BTC is now on an ascendant channel heading to first the point of 9700 and then more probably increased to 9900 to play completely this divergence.
From here, we will see a pool-back to the level of 9450, if so, we will be on the right channel to...
