3.26 Academicians in the currency circle analyze the Polkadot (DOT) market: The bulls have strong momentum, hitting the $10 mark, and the spot layout continues to be optimistic about new highs during the year.
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Polkadot (DOT) held it for two days, with a layout of 8.75 on the 23rd and a target of 9.57. It did not reach the predetermined point until 8 o'clock last night. With this wave of market stretching, Polkadot has begun to exert force and continue. It hits the $10 mark, which is a very critical position. Whether it can be stretched depends on whether it can hold on to this mark in the future.
Those who hold spot stocks are not in a hurry for the time being, continue to make good arrangements, and wait for subsequent stretching. Currently, there is an upward trend of heavy volume on the weekly line, and KDJ is alternately blocked downwards, indicating that bulls still have strong momentum, and the main force has been increasing funds this month. , the trend will continue to break new highs within the year, so there is no rush for the spot. Only by enduring loneliness can you maintain the prosperity and continue to hold it (the spot layout was 4.009 on the National Day last year until now)
Looking at the ultra-short trend, the current daily K-line has already stood on the EMA trend indicator, (bullish) EMA10-15 has begun to move upwards and the golden cross has begun. MACD has shrunk upwards and the main force has increased funds obviously. KDJ has alternately formed and started to exert force from 9.00, and now hits 10 At the integer mark, the current mid-rail pressure level of the Bollinger Bands is at 10.05. There will be further room after the main force breaks the mid-rail and stands firm. In the short term, focus on two positions, the first key pressure level above 11.65 and the support point 9.55 below. , if any trend is broken, changes will occur (follow the trend)
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This article is exclusively provided by academicians of the currency circle and represents only the author’s own views.
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