empty
 
 
20.09.2024 07:09 AM
Technical Analysis of Intraday Price Movement of Polkadot Cryptocurrency, Friday September 20, 2024.

This image is no longer relevant

On the 30-minute chart of the Polkadot cryptocurrency, there appears to be a deviation between the Polkadot price movement and the Stochastic Oscillator indicator where Polkadot forms a Lower Through but on the contrary the Stochastic Oscillator indicator forms a Higher Through so that based on this fact in the near future Polkadot has the potential to strengthen upwards especially coupled with confirmation from the EMA 21 position which is above the EMA 34 and the Polkadot price movement itself has also started trying to breaks above the two EMAs so that in the near future as long as Polkadot is not corrected to breaks below the 4.1742 level, Polkadot will have the opportunity to appreciate and strengthen to the 4.3403 level and if this level is successfully broken, especially with the support of strong momentum and volatility, Polkadot will continue to strengthen to the 4.5492 level.

(Disclaimer)

Earn on cryptocurrency rate changes with InstaForex
Download MetaTrader 4 and open your first trade
  • Grand Choice
    Contest by
    InstaForex
    InstaForex always strives to help you
    fulfill your biggest dreams.
    JOIN CONTEST
  • Chancy Deposit
    Deposit your account with $3,000 and get $3000 more!
    In September we raffle $3000 within the Chancy Deposit campaign!
    Get a chance to win by depositing $3,000 to a trading account. Having fulfilled this condition, you become a campaign participant.
    JOIN CONTEST
  • Trade Wise, Win Device
    Top up your account with at least $500, sign up for the contest, and get a chance to win mobile devices.
    JOIN CONTEST
  • 100% Bonus
    Your unique opportunity to get a 100% bonus on your deposit
    GET BONUS
  • 55% Bonus
    Apply for a 55% bonus on your every deposit
    GET BONUS
  • 30% Bonus
    Receive a 30% bonus every time you top up your account
    GET BONUS

Recommended Stories

Can't speak right now?
Ask your question in the chat.
Widget callback