KRAKEN:DOTUSD in next three days I expecting the price to take off at least 10% to levels over $8.80. In higher time frames and in 1-2 months period we really can expect a big move to over $11.00 from current levels.
What is the supported thesis technically for the expected scenario on DOT?
- By Elliot waves we are in A-B-C correction and at this moment it's C - Almost 60% correction and forming of good price action indications - Test on downside of the channel and once the price enter again in channel will rocket
If you have any questions related to this trading idea I will be happy to provide you with answers.
I'm curious about your comment that Cosmos is the superior technology. I'm no developer but Polkadot technology seems advanced and groundbreaking in many ways being a Layer 0 protocol. On what basis do you see Cosmos as more advanced technically? I would genuinely like to know.