DOT / usd (Polkadot) Main trend. A cup. The loudest ICO

On the chart, the main trend of the DOT / usd (Polkadot) trading pair. The project is real, not a scam. Traded for several months. But the coin is already on almost all noteworthy exchanges. Among them are such top ones as: Binance, Kraken, Bitfinex, Bittrex, Poloniex, Huobi, OKEx, Bithumb and so on. Which is not surprising if you understand who and what is behind this project idea. There are currently 95 trading pairs.

At the moment, a cup (round bottom) is forming on the DOT / usd pair. Which in cases of confirmation can become a cup with a handle. From current prices of $ 4.44 to the key resistance level of the $ 6.66 cup, exactly 50%. The bottom of the cup is 90.01%. In case the price breaks it, then the bottom of the cup will be worked out to approximately $ 13.18.
If it does not overcome and after a small rollback, the downward movement will continue - the formation of a sideways movement between 14 and 666.
Local support level of $ 3.83 The next where the price is unlikely to return is the sequence $ 2.82


At the same time, a falling wedge has formed in the completed form on the DOT / BTC pair. In most cases, both figures have a bullish development.

DOT/BTC

A little information for the main crowd about the project and "dirty deeds", read past the lines ...

The Polkadot project was created back in 2016 by Web3. The network will be deployed by the Parity Technologies project. It was led by Dr. Gavin Wood, who currently leads Parity, who is also the co-founder of Ethereum. It is worth noting that Wood's career was overshadowed by high-profile, scandalous events: in 2017, a vulnerability in the Parity Ethereum wallet allowed an attacker to steal 153,000 ETH. After some time, the vulnerability was used again, only this time 513,000 ETH were frozen forever. The most interesting thing is that the startup Polkadot suffered the most, having lost at least 306,000 ETH due to the freeze.

153/513 Mirror for symbolism = 18/5/13 36*

A month before the sad events with Parity, in October 2017, the fundraising stage took place, during which it was possible to raise $ 144.3 million. Such an impressive result was achieved thanks to an interesting, well-thought-out idea and eminent developers. Unfortunately, most of these funds will never be available to the project. But it is available for certain purposes.

Whatever algorithm of the history of events would not be confusing, it always has one finish, namely the one that its creators originally laid down for it.

Comment:

I will add, but I think many have understood the idea of "leaving" such a huge amount in the future. If you add the stolen and allegedly frozen at "temperature 36 *" for "eternity" you get an interesting, not random thing). Naturally, the one who invested a lot of money in the project and, accordingly, has an intellect above average and an understanding of everything that is happening in the world understands all this and he does not care about the legend of hacks that was invented for the crowd.

153 + 513 = 666, which naturally gives 18.

Trade closed: target reached:

about + 300% The formation is fully completed. The trend is developing