High cryptoanalyst says Dogecoin appears to be like “attention-grabbing” once more, updates outlook on Binance Coin and Polkadot – The Each day Hodl

Well-known crypto analyst and trader Justin Bennett says he is keeping an eye on Dogecoin (DOGE), Binance Coin (BNB) and Polkadot (DOT) as crypto markets show signs of overstretching.

Bennett reveals to his 63,900 Twitter followers the possible short-term bullish and bearish scenarios for the Crypto DOGE meme, as it forms a symmetrical triangle in the short-term time frame.

“DOGE looks interesting again.

If that fails, I could try buying again for $ 0.26 assuming there are a few [price action] Confirmation. The separation would target $ 0.40. “

Source: Justin Bennett / Twitter

The crypto trader is also looking at Binance Coin, the utility token of the Binance crypto exchange that it says must stay above a major resistance level in order to meet its price target.

“BNB So far, so good. Working at $ 480. If you can get through this then $ 530 is next. “

imageSource: Justin Bennett / Twitter

As for the interoperable blockchain Polkadot, Bennett says DOT needs to remove its immediate resistance in order to open up the possibility of sparking a 56% rally from its current price of $ 25.

“POINT starts to look interesting with this closing price above $ 27.40. Get above $ 29 and $ 39 could be next. Something to keep an eye on. “

imageSource: Justin Bennett / Twitter

The crypto trader adds that he is monitoring the price development of the supply chain management platform VeChain (VET). Bennett said VET is preparing to break the diagonal resistance that has kept the crypto asset bearish since May.

“Are you ready?”

imageSource: Justin Bennett / Twitter
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Featured image: Shutterstock / GrandeDuc


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