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thecryer
Apr 23, 2022 8:23 AM

Polkadot slow mode Long

Polkadot / U. S. DollarKraken

Description

- in my older analyze i predicted Polkadot bottom around 15.5$ :

Here older post :



- the problem with common alts is they are naturally following TheKing moves.
- if TheKing stays weak then altcoins will just standby and wait for his next move, then some will move harder if BTC pump and weaker if BTC dump.

- Polkadot is an heavy project with so much parachains, in the future i see DOT number 3 on CMC next to BTC and ETH.
- Many concurents as Solana or Luna made bigger moves than DOT, because they are going very fast, deploying multiples projects at the same time causing multiples bugs on their chains.
- Polkadot is safer, they are building slowly but surely

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Trading Part
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- if u check Weekly MACD in graph u will notice that it made a flat move
- Normally we had to turn bullish 3 weeks ago but we stayed weak, could consider that as fight between bulls and bears or a consolidation.

- in the worst case a good buying zone is around 13$, i don't see any lower bottom for DOT.
- if we are in a consolidation then a buy is possible right now but it's pure gamble, i recommend to wait.

- TP are accorded to Fibo and simple :

--- TP1 : 30$
--- TP2 : 40$
--- TP3 : 80$

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Stay Safe and Happy Tr4Ding !










Comments
a7M1
You are my best technical analyst.
I remember when solana was 20 you said sol target 200.

Can you share your opinion about HTR which is hathor network
thecryer
@a7meds, done.
bestfarbit74
that would be great
thecryer
@bestfarbit74, lets see bro
simpsonepic1a
Nice looking back to how wrong most charts are..this is crypto not stock etc..
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