PolkaDot Trend Reversal + Targets
DOT is another coins moving in the right direction (North)
We can see it stated to move slowly but steady,just like other coins,breaking key resistance level(previous highs)
I don't know about the fundamentals but what i like to do with DOT is move it around, is very fast and has low fees.
We can see some classics targets on the chart. I use this chart with BNB pair for the best reference pair.
Also:
Polkadot operates at a deeper level than a blockchain like Ethereum—think of it as providing a foundation on which others crypto projects can build. It calls itself a Layer 0 blockchain, whereas Ethereum and similar blockchains like Solana (SOL) and Cardano (ADA) are called Layer 1 blockchains.
The Bullmarket will come sooner or later !
We can see it stated to move slowly but steady,just like other coins,breaking key resistance level(previous highs)
I don't know about the fundamentals but what i like to do with DOT is move it around, is very fast and has low fees.
We can see some classics targets on the chart. I use this chart with BNB pair for the best reference pair.
Also:
Polkadot operates at a deeper level than a blockchain like Ethereum—think of it as providing a foundation on which others crypto projects can build. It calls itself a Layer 0 blockchain, whereas Ethereum and similar blockchains like Solana (SOL) and Cardano (ADA) are called Layer 1 blockchains.
The Bullmarket will come sooner or later !
Comment:
targets next two years
we can see chop indicator turning bullish- blue bar
if you use more indicators you will see the bullish signals