Category: Correction

  • DOT Price (Polkadot) Reaches Key Juncture, Is This Bulls Trap or Correction?

    DOT Price (Polkadot) Reaches Key Juncture, Is This Bulls Trap or Correction?

    Polkadot (DOT) is correcting gains from the $7.5 resistance level against the US dollar. The price could start another rise if it remains above the $6.75 support level. DOT gained pace and tested the $7.5 resistance level against the US dollar. The price is trading above the $7.00 area and…

  • Chart Art: USD/CHF Channel Correction Levels

    Chart Art: USD/CHF Channel Correction Levels

    I see a textbook trend setup on the 4-hour time frame for USD/CHF. Will we see another channel bounce this time? Or is it the opposite of the cards? USD/CHF Forex 4 Hours Chart by TradingView ICYMI The May FOMC statement led to a significant decline in the US dollar,…