Last time we saw a DOT-rally (THE Dot rally thus far) a couple of weeks ago, everything happened in a couple of days - with a 19 hour correction and consolidation phase in the midst of if.
I am not a sucker for fractals etc. but the situation right now look strikingly similar now - or maybe I just have an enormous confirmation bias!
At least, I am keeping my DOTs in favour of ETH a little longer.
Disclaimer: I would´t take this as solid evidence - and as you can see, the predicted pattern is (as usual) clearly dependent of the movements in ETHUSD.
Also, I am a HODLer in ETH, DOT and ADA, so I only consider these pairs against each other when trading.
As always: DYoR.
I am not a sucker for fractals etc. but the situation right now look strikingly similar now - or maybe I just have an enormous confirmation bias!
At least, I am keeping my DOTs in favour of ETH a little longer.
Disclaimer: I would´t take this as solid evidence - and as you can see, the predicted pattern is (as usual) clearly dependent of the movements in ETHUSD.
Also, I am a HODLer in ETH, DOT and ADA, so I only consider these pairs against each other when trading.
As always: DYoR.
Note
Note - also see the similarities in both RSI and MACD*
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.