TradingView
Stricken
Jun 24, 2021 4:58 PM

POLKADOT Massively Undervalued vs ETH Long

Polkadot / EthereumKraken

Description

After the big surge in DOT since early 2021, DOT moved all the way down to test the absolute bottom vs ETH since its launch.
Expecting this lower range to be the bottom and a trend reversal in the coming weeks.

There's bullish divergence in the RSI and MACD.
Parachain auctions will be launching for DOT in the coming weeks, this will also highly increase the demand for the coin.

This is not financial advise, it's just to keep track of my own trading.
Comments
ddx27
or just another dud eth competitor. I guess it's the glass half argument but its been losing steam against eth even making a new low in a bull market.
More