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Polkadot has had great hype lately in the Crypto space. Here is two scenarios that could play out. I am more Bullish on Polkadot.
Our pullback in Dot looks potentially finished. Looking for shorts in the highlighted region for the final push to the downside.
Polkadot is climbing a channel, but still below the preliminary resistance yet to confirm further distribution or accumulation.
DOT has formed a ABCD pattern that is bound to break it's decending trend. Eye are on $5.79 resistence, and if that can be flipped, we should be back up to high $6.00's. Possibly low $7.00's!
Will be $3 by end of month September and a whopping $10 by end of month October
Possibly looking at a 1212 pattern. Invalidation in red. Another one on the list I will be watching closely in the crypto space.
Dot is moving along nicely. Next short opportunity should open up on a pullback to $4.50.
making-money is easy this days80%-in a few=days
Hello all, thought I would do another two line analysis. Currently DOT seems to have created a long term support into a large daily "bullflag" or ascending triangle with higher lows. Looking good. Please do your own DD before investing in anything.
Today I will be sharing my analysis of the DOTUSD pair and where I think price action is headed. Past After a nice run up to just shy of the $7.00 mark, price made sharp pullback to the .786 fib level. This is a little deeper pullback than I would like to see, however, price quickly rebounded off of this level and consolidated right above .618, before...
All annotations labeled in the chart Happy trading
Dot looks like it's breaking down for its final leg of the correction.This is a B wave so it could always potentially extend higher, but for me personally this is a great area to be looking for short entries.