DOT breakout; easy LONG, keep an eye on the resistance box, if we turn it into support we'll set a new ATH.
Fundamental: Go Polkadot, one of the best projects in crypto! That's it.
IMPORTANT: this is not financial advice, invest or trade at your own risk.
Fundamental: Go Polkadot, one of the best projects in crypto! That's it.
IMPORTANT: this is not financial advice, invest or trade at your own risk.
Comment:
UPDATE: we would like to see a restest at 38.2 and a 4hr close above 39.6 then another retest at 39.6 and after we fly...
Comment:
UPDATE: double top, not good. I warned for a bearish market in my last BTC update that nobody liked because it wasnt about going to the moon. One thing you have to understand: if BTC drops everything else drops. Scenario 1: back into the green channel. Scenario 2: back into the blue triangle. ATH will come but not in the next days. As my last update here said: we always wait for confirmation and we dont predict or jump into trades without a confirmed breakout.
Comment:
DOT UPDATE: DOT has recovered and is back in the triangle, still on sale but will not be for long! I expect a breakout and a retest of the resistance cluster 38-39 within the next 5 days. If we see a nice bounce from 32.3; I see a nice long opportunity until the resistance area (and it might break that too next week).
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