highlighted that a bullish order block had formed on the daily chart at $6.3. However, since then, this region was blown apart by selling pressure and had been flipped to a bearish breaker.Source: DOT/USDT on TradingView
This did not happen. Instead, the price crashed right through this area, pausing for a few hours at the $6.2 mark on 9 November before plunging to $5.34. Further lower on the charts, a level of support was seen at $4.71. It had last been tested as a support level in December 2020 and can serve as a take-profit target for the bears. Invalidation of this bearish notion would be a daily session close above the bearish breaker, at $6.53 or higher.In the midst of all the carnage in the crypto markets, the developers behind Polkadot plied their craft ceaselessly. This can be a positive sign for long-term investors.
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