Since striking its all-time high on 4 November, Polkadot (DOT) bears were in the driver’s seat as DOT declined between southbound parallel lines (yellow). The most recent fall pushed the alt below its six-month-long trendline support (now resistance).  A sustained close below its Point of Control (red) near the $17.2-mark would heighten the chances of […]

Polkadot found support at $23.5 recently, but its endeavor to flip the $27.45 area from supply to demand was rejected in no uncertain terms. What began as a pullback in early November appeared to have become a downtrend. On the daily chart, the price was still within an area where long-term investors would seek to […]