14.06.202407:52 Forex Analysis & Reviews: Technical Analysis of Intraday Price Movement of Polkadot Cryptocurrency, Friday June 14 2024.

Currently, on the 4-hour chart of the Polkadot cryptocurrency, a Bullish 123 pattern appears followed by the appearance of deviations between price movements and the Stochastic Oscillator indicator, which indicates that in the near future there will be a strengthening correction in this cryptocurrency, whose main bias is currently still Bearish where this is indicated by the condition of the EMA 50 which is below the EMA 200 which is important as long as there is no weakening that penetrates below the level of 6.2123. This cryptocurrency has the potential to strengthen where the level that will be tested is 6.5644. If this level is successfully broken upwards then the next level will be The target is 6.7917, even if the momentum and volatility support it, it is not impossible that the level of 6.9166 will be the next target to be aimed at.

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