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MarketIntel
Feb 24, 2023 3:58 PM

Polkadot: On the Dot ⌚️ 

DOT / US DollarBinance

Description

Polkadot has already made further progress in our primary scenario and should continue the downwards movement. We expect our crypto-friend to arrive in the magenta-colored zone between $6.49 and $6.06 on the dot to finish wave a in green. Then, the altcoin should apply itself to the countermovement of wave b in green, which should lead out of the magenta-colored zone but stop before the resistance at $7.89. Afterwards, Polkadot should take another southwards step by completing wave c in green as well as wave ii in orange. Alternatively, there is a 40% chance that Polkadot could climb above the resistance at $7.89, thus shifting the recent high upwards by developing wave alt.i in orange.
Comments
JamesLeblancTheRealist
What's the $4.23 line? You expecting it to drop down to that level again? Any ETA?
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