GioThaKingo

GioThaKingo

Dot has finished its 5 wave from its 5th wave correction and is now in stage (abc wave) and should finish from 14$ to 27$ Entry=14$ target = 27$ Sorry I made a typo on the last wave analysis for dot I hit the redo on accident and forgot to put the right revision this is the correct analysis nothing in reality changes just the 5th wave but I like to be neat :)

GioThaKingo

Dot has finished its 5 wave from its expanding triangle and should finish from 14$ to 27$ Entry=14$ target = 27$

GioThaKingo

Ok so I will redo this since I was moderated for not going into full detail :) So Time of entry was 30k : Time of exit will be 45-47k So as we can see we have a 5 wave and now we are in the correctional 5 wave and I will be expecting a abc wave to 45k-47k ( I will change plans if I see strength during that exit expectation incase this turns out to be a flat)...

GioThaKingo

possible outcome

GioThaKingo

possible outcomes

GioThaKingo

maybe

GioThaKingo

polkadot is in the B stage of a continuous abcd wave pattern if continuation and rejects black support we will head to the orange support and see the next retest on last green support if no budge we"ll head to the strong red demand zone

GioThaKingo

So as we can see it is possible that we could be forming a bullish flag BUT I think since we don't have enough volume to complete atm I think it becomes less likely and the more we get closer to trend the more bearish and we do have mfi flowing down and in the bottom indicator we could be headed for more downside, but on the positive we do have a big buy from...

GioThaKingo

we will see the hard rejection at 37k-38k to come down to the fork barrier at 18k to see if it finds support if not we could be heading lower into which ill have another analysis

GioThaKingo

will touch 37k-38k in the coming days and will find a hard rejection at the median for a slow bleed back down for months

GioThaKingo

we have a golden pocket correlation to the invisible barrier making it a primary intersection for a probable reversal around 26k-27k in this pocket area HAD TO MAKE POCKET MORE CLEAR : )

GioThaKingo

we have a golden pocket correlation to the invisible barrier making it a primary intersection for a probable reversal around 26k-27k

GioThaKingo

looking for a potential bull push here

GioThaKingo

very critical zone

GioThaKingo

my prediction and take profit

GioThaKingo

ignore the other lines

GioThaKingo

GRAVITY

GioThaKingo

yup