Polkadot Could Reach $35 Month End, USDCAD Just Plunged! (Analysis 8/23)

in dot •  3 years ago 

Polkadot's price undergone an exponential increase over a brief period until 8th of August. The coin failed to spark a good start on the daily chart. When you combine that with the overall selling pressure in this market and the signal from a technical indicator telling people to sell while they still can, people started dumping their holdings even more.

My advice is hodl the coin.

The digital coin had risen to a new high at $25 as of this hour, therefore, I expect it to peak at $27 in 24-hour time frame.

DOTCUSDT
BUY START: 27.5175
STOP LOSS: 26.1319
TAKE PROFIT: 29.6110
DURATION: 24 hours

USDCAD
SELL START: 1.26870
STOP LOSS: 1.27203
TAKE PROFIT: 1.26234
DURATION: 24 hours

Enjoy!

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