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kyer
Sep 3, 2021 2:08 PM

DOT/USD $53+ This Cycle Long

DOT / TetherUSBinance

Description

Looking at Polkadot on the 2-day time frame we see the reversal that happened in mid-July when it bounced off of $10.45. From here, DOT regained $16.44 with ease as it continued climbing through all the Fibonacci levels and broke through the 1.0 Fib at $30.40, which is now acting as a level of support.

This bullish trend is confirmed and my next targets i'm looking at this cycle are:

TP1 🎯 $39.24
TP2 🎯 $45.69
TP3 🎯 $48
TP4 🎯 $53.53

As always please do your own analysis, I am not a financial advisor.
Comments
PF2020
Thanks Kyer, your analysis and targets are valued and much appreciated.
kyer
@PF2020, Thank you 🙏 Appreciate it
rb675
Thanks for sharing
kyer
@rb675, No problem!
god4uni4
i hope your analysis . true
ty for sharing
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