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ich1baN

DOT PT by End of Jan $43

Long
Polkadot (KRAKEN:DOTUSD)  
ich1baN Updated   
KRAKEN:DOTUSD   Polkadot
Trend Analysis Chart Patterns Fundamental Analysis DOTUSD
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17
trendanalysis chartpattern fundamental dotusd
DOT is clearly showing powerful performance relative to BTC after launching its first ever parachain which allows it to have much higher TPS relative to other projects - it's a very sophisticated protocol and design and has plenty of fundamentals to carry this marquee premium ALT above $40 by the end of January imho.


https://ambcrypto.com/plasm-network-deploys-first-parachain-on-polkadots-rococo-v1-testnet/
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DOT has officially surpassed it's old ATH of $10.70
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DOT is breaking out of the wedge pattern - let's wait and see where it goes as it will likely retest the upper resistance line before taking off again - but it does look good here to start heading towards the $17 PT
Comment:
If you're new to DOT here is a good primer on its fundamentals by CoinBureau on YouTube - he's pretty solid:

www.youtube.com/watch?v=wb0czKgu...
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