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24.03.202308:01 Forex Analysis & Reviews: Technical Analysis of Intraday Price Movement of Polkadot Cryptocurrency, Friday March 24. 2023.

This information is provided to retail and professional clients as part of marketing communication. It does not contain and should not be construed as containing investment advice or investment recommendation or an offer or solicitation to engage in any transaction or strategy in financial instruments. Past performance is not a guarantee or prediction of future performance. Instant Trading EU Ltd. makes no representation and assumes no liability as to the accuracy or completeness of the information provided, or any loss arising from any investment based on analysis, forecast or other information provided by an employee of the Company or otherwise. Full disclaimer is available here.

Exchange Rates 24.03.2023 analysis

With the appearance of the deviation between price movement with Stochastic Oscillator indicato as well as the absence of Descending Broadening Wedge pattern on Polkadot Cryptocurrency on its 4 hour chart then in the nearest future Polkadot has the potential to appreciated rally upward to test the level of 6.5713 - 6,6374. But, please pay attention if there is a correction downward as long as the correction does not exceed the level of 5.7839 then the condition of the upward rally which has been described is still going on safely.

(Disclaimer)

Arief Makmur
Analytical expert of InstaForex
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