Interesting question ?) Let's look for an answer together.
In the comments below the idea, write your thoughts: what is the fundamental news and development plans of Polkadot network that can lead to such a powerful growth of DOT token value?
Our TA tells us that if buyers manage to keep the DOTUSDT price above $14-18 by the end of 2021, that would be a cool buying zone for a semi-annual investment. The upside target would be around $200. So if such a plan is successful, an investment in DOT could bring in x10-x15 depending on the buying point.
Let's find the truth about the future of the DOTUSD trading pair together, in discussion, and then we'll take it to the chart and flesh out this global idea. _____________________ Since 2016, we have been analyzing and trading the cryptocurrency market. We transform our knowledge, trading moods and experience into ideas. Each "like under the idea" boosts the level of our happiness by 0.05%. If we help you to be calmer and richer - help us to be happier :)
pretty absurd with parachains announcement to go live in November and more people locking there tokens in crowd loans. I see a liquidity crunch. you would have to have a total crash in the crypto market for this to happen. Oct-Jan are strong months for crypto.
P_S_trade
⋅
@EugeneKuperberg, thanks for your informative comment. Maybe you are right.
EugeneKuperberg
⋅
@P_S_trade, Dont get me wrong it could happen. If BTC etf is denied then we can see a short term steep sell off which could result in lower levels
P_S_trade
⋅
@EugeneKuperberg, this is exactly what happened at the end of 2018 then everyone was waiting for both etf and bakkt and received a big fall
scottkim1003
⋅
Thanks for sharing. Was DOT parachain auction (beginning 11/11) accounted in your TA? Or is this pure TA without any news or outside impact considered?
P_S_trade
⋅
@scottkim1003, You're right, we write in idea only what we see on the graph, we don't delve into the fundamentals