Next Cycle for DOT Would Take Us This High...

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This one's real simple. Consolidate on previous 3rd wave top and blast off to 100$, If we fall back into the range then likely an A wave of an ABC in red and the previous 5 wave cycle is correcting itself.

I'm leaning bullish on this one. We have had upwards of 30+ dollars tagged for the first cycle in the discord since December. We've had this pegged since 3-5$ and has been a huge gainer thus far.

If you don't have some DOT then here's the next area I'd be looking to consolidate at to pick some up for the next cycle.

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Comment:

Really great example of inflection points on DOT here. Look at where the yellow abc and the red abc make a turning point in their patterns. At first red and yellow move together, but then the retracement starts to get too deep which shifts probability to red A wave. The depth in retracement enguls the entire 5 wave move up which makes that retracement the first leg of a larger degree, which is where we were able to project out the C wave for red count as well.

After that we went into a larger tf bear market. Anytime we create 3 waves and bounce that bounce is either a connecting leg to further continuation of the abc and a higher degree correction or it continues the previous impulsive trend. Those are the only 2 options.

In the case of DOT and the entire crypto market as a whole this is how we were lead into a bear market. Our rally simply failed where it had the opportunity to continue as demand, fud, economic conditions, or whatever reasons (technical or fundamental) you want to give it occurred.