🚨 #Polkadot $DOT Bounce Around the Corner
The decline from the September peak is approaching the trendline from the August low, which should provide short-term support.
It's also within an equal-legs area at $0.95 – $0.90, coming in 3 swings from the peak.
This area is expected to create at least a 3-wave bounce within the short-term cycles.
Will the bounce fail, and a deeper correction take place for the rest of the month?
#Crypto #Trading #ElliottWave
The decline from the September peak is approaching the trendline from the August low, which should provide short-term support.
It's also within an equal-legs area at $0.95 – $0.90, coming in 3 swings from the peak.
This area is expected to create at least a 3-wave bounce within the short-term cycles.
Will the bounce fail, and a deeper correction take place for the rest of the month?
#Crypto #Trading #ElliottWave
