We have a clear and simple EW pattern here showing we can fall to 15 non stop before any bounce up. Please not that these are my personal views derived mainly from the legend himself Nelson Elliot. and they could be wrong.
Trade responsibly and Invest in real assets.
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This is very unlikely for several reasons, firstly most of the dot supply is locked due to parachain auctions. Secondly, Polkadot is a very strong project with a huge community so I can tell you easily if BTC stays over 50k and dot goes around 25-30$, buying pressure will be huge and dot won't go down the levels you think it's possible. Lastly, last time dot was 10$ BTC was at 29k. So if BTC won't pull dot down your TA will fail almost certainly. Checking charts and create predictions is good and all but you should also consider the outside effects on a project.
SabahEquityResearch
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@CrimsonPanda, There is no feasible project my friend, this is all a giant manufactured scam. U will definitly come to this conclusion when its too late and u lost all ur savings betting on cryptos. hence my bigger picture view for BTC is 25k. think about it if BTC falls that hard. Dot will fall below $15.
CrimsonPanda
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@CountLikeWallStreet, people always condemn what's new, but tech is the future and at the end of every cycle people said btc is dead but here we are. I'm not just an investor but also a tech enthusiast and you'll see that blockchain is the next big thing. History is full of stories like this ppl thought facebook and amazon are bubbles too and yet they are mistaken.
CrimsonPanda
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@CountLikeWallStreet, just came to congratulate you! I couldn't guess this tbh so hats off mate.
SabahEquityResearch
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@CrimsonPanda, if you know the missing puzzles of Elliot wave , not only u would have be ahead of every body but to make a huge profit out of this broken system.
CrimsonPanda
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@CountLikeWallStreet, Do you have any further suggestions? I'm planning to accumulate my dot so any advice would be appreciated.