Polkadot eyes breakout to $75 after DOT price rally sets up classic bullish r...

Polkadot eyes breakout to $75 after DOT price rally sets up classic bullish r...

The inverted head and shoulders pattern hints at a decisive breakout move in the Polkadot market. Polkadot (DOT) chart technicals suggest it may rally to a new record high near $75 if DOT can manage to close above its $41–$43 range decisively.That’s according to a classic bullish reversal setup known as an inverse head and shoulders (H&S) that forms when the price undergoes three selloffs during a period of market consolidation. Specifically, the pattern contains an initial selloff, followed by a short-term price rally and another — deeper — selloff. That leads to one more small correction....


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Polkadot 'cup and handle' setup sees DOT price 50% higher by September

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Is Polkadot eyeing $100 next? DOT price jumps 25% triggering classic bullish ...

The bullish outlook appears as Polkadot prepares to auction highly anticipated parachain slots on its network. Polkadot (DOT) looks poised to rally toward $100 in the coming sessions as it triggers a classic bullish reversal setup.Dubbed Inverse Head and Shoulders (IH&S), the technical structure appears when an instrument forms three troughs in a row, with the middle one, called the Head, being the lowest, and the other two — known as the right and left shoulders — of almost equal heights. Meanwhile, the level at which all the troughs top out represents the "neckline."So it appears DOT has....

Polkadot Price On The Verge Of Massive Breakout, Can It Reach $25?

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Binance Coin eyes $560 next after BNB price 'Cup and Handle' breakout

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Ethereum to $2K? ETH price 'bull flag' hints at September gains versus Bitcoi...

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