DOT seems to came back into the trend zone we drew.
If we extend the trend zone, DOT is looking like it wants to head to $60 if it continues price discovery.
-BTC does break down
-We are still in a bull market
-RSI trendline holds support
-Trend zone pattern continues
-we don't think BTC will break down
-we believe we are still in...
I have a relatively small percentage of my portfolio in DOT, but I didn't really know a lot about it. I decided to go on a dive and write up what I found here. Hope it's useful to someone out there!
So - In short, Polkadot is a next generation blockchain which connects other blockchains into one unified network. Polkadot was the brainchild of Gavin Wood – one...
All trading requires an understanding of how markets are related. Understanding these relationships will put you ahead of others that don’t get it.
Mean reversion and spread trades require a deeper understanding of how markets move together and how these relationships change. Like the weather, the degree of correlations, lag, convergence/divergence change all...
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This one's real simple. Consolidate on previous 3rd wave top and blast off to 100$, If we fall back into the range then likely an A wave of an ABC in red and the previous 5 wave cycle is correcting itself.
I'm leaning bullish on this one. We have had upwards of 30+ dollars tagged for the...
This is a graph of most of my altcoin positions.
I am finding it pretty useful to map out my whole portfolio using TradingView's feature of formula creation, which allows you to do multiplication and other basic operations on the fly.
As such, it allows me to more easily manage my risk, see where the portfolio as a whole is going as opposed to any singular...
Typically I do not recommend buying any crypto other than Bitcoin and Ethereum, but after due diligence, I am slowly becoming a fan of DOT. Polkadot offers cross-chain interoperability which allows various blockchains to share data and communicate with one another, all in a trustless manor. Polkadot connects all blockchains via its relay chain, parachains and...
After a spike up towards 50, Dot dropped almost 50% to 26-27 support. Now the coin is in a corrective rally that seems to be close to an end.
40 is strong resistance for this coin and a drop could follow from this zone
27 found be the target for bears for an 1:3 R:R
I'm looking to sell
Polkadot: Networking For Blockchains
The Polkadot blockchain aims to provide interoperability and security to other blockchains, helping to solve issues like scalability.
In a multi-blockchain world, interoperability could be a potentially valuable function. If a small number of blockchains becomes dominant this value proposition will be significantly weakened...