Polkadot will hit a new ATH soon (2D)

Before anything, pay attention to the analysis timeframe: it’s a 2-day timeframe and requires patience.

From the point where we placed the red arrow on the chart, it seems Polkadot's correction has begun.

This correction appears to be a triangle. We are currently in the middle of wave D.

Polkadot, by feeding on the demand orders marked on the chart, can move toward the red box to complete wave D.

After completing waves D and E, it can move toward the historical peak and create a new ATH.

The closure of a daily candle below the invalidation level will invalidate this analysis.

For risk management, please don't forget stop loss and capital management
Comment if you have any questions
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