I've been accumulating DOT after a long time and late since I wanted to buy when it was below 10 but I didn't have money. As you can see after a -52% dump it looks like price is breaking out of the trendline. Moreover I see the beginning of a bullish DIV that at a certain point will start to play out, probably it has already started.
TMA shows that at daily timeframe price has almost bottomed on its lower band and VLPR shows last bottom was bought heavily. Most likely scenario for me is that we go up and down again until we break out the TMA middle band, probably bouncing off 29-30 USDT to do an HL and then go up.
Worst case scenario is that we go further down to touch 20 USDT (the orange trendline on the bottom). Best scenario is that DOT will do at least a +50% before retracing again but I don't think so because, as usual, BTC dictate the pace.
Sorry if the chart is messy but if you focus you'll see everything.
Good luck
TMA shows that at daily timeframe price has almost bottomed on its lower band and VLPR shows last bottom was bought heavily. Most likely scenario for me is that we go up and down again until we break out the TMA middle band, probably bouncing off 29-30 USDT to do an HL and then go up.
Worst case scenario is that we go further down to touch 20 USDT (the orange trendline on the bottom). Best scenario is that DOT will do at least a +50% before retracing again but I don't think so because, as usual, BTC dictate the pace.
Sorry if the chart is messy but if you focus you'll see everything.
Good luck
Comment:
DOT +20% since my call, it's slowly giving us some satisfaction, 29.47 USDT seems to have became a small support. Congrats if you entered when I called it!
