Yesterday bitcoin broke its local trend line upwards. Many altcoins also reacted to it. In my view, DOT is still building up strength for an uptrend. This can be seen in the price compression near the upper boundary of the triangle. If Polkadot breaks up and tests the upper boundary of the triangle as support, it could be a good time to buy.
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P.S. I personally will open entry if the price will show it according to my strategy. Always make your analysis before a trade
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BTC fell, all altcoins followed, Dot was no exception! I did not open a position as the buy zone was not reached. Now the price has come to the lower boundary of the triangle. Expect better buying opportunities.