ich1baN

DOT Major Near-Term PT $17

Long
ich1baN Updated   
KRAKEN:DOTUSD   Polkadot
DOT has held up strongly in the most recent BTC selloff where BTC touched the 21 Day EMA and bounced off of to signal continuation into a new ATH... this likely means we are about to see a very strong alt-season occur since alts moved significantly during the last run up in BTC and now held strongly in the selloff - I expect a lot of profits from the selloff in btc to start shifting into projects like DOT that have massive venture backed money behind it.... could very well see DOT at $21 soon, but $17 is the first major PT.

Typically when BTC touches the 21 Day EMA in a bullrun, that is a sign of a reversal back to the upside.
Comment:
DOT is performing spectacularly vs. BTC as it chops sideways... this is an excellent sign that premium alt season has started and we could see DOT at $30 by end of January
Comment:
DOT has officially launched its first Parachain which allows it to outperform ETH 2.0 in transactions!

ambcrypto.com/plasm-...s-rococo-v1-testnet/

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