From an exclusively bearish connotation, if DOT fails to break the decending triangular formation, makes it likely to nose dive into the $3.50 price range. In which could, be a great buying opportunity if you missed out on the early pump action it had when Kraken and Binance listed it. Moreover, if that does come to fruition, DOT will heavy resemble LINK in its over 50% decline. But fundamentally, DOT is highly rated, and this bearish trend is to to shake out the weak hands.
Cheers, My CtyptO SlangEr’s & Hodl Strong!
Cheers, My CtyptO SlangEr’s & Hodl Strong!