✴️ Polkadot Gets Closer To Bullish Explosion (90%+ Target Mapped
The Altcoins that we are seeing produce massive breakouts all have this same pattern, the same price action we see on the DOTUSD (Polkadot) chart.
It can be simplified as a higher low in June 2023 vs December 2022, sometimes a double bottom or lower low. Simply a wave followed by a strong correction and now we are entering a new bullish wave phase.
Here DOTUSD can be seen trading above EMA50 daily, which opens the medium term growth potential with a 90% easy target.
Notice how moving above this level back in January leads to fast, strong growth, weeks of sustained growth.
This is what we are looking at now.
Things can change and that's why we have a tight stop-loss represented here by the blue dashed line.
Hundreds of Altcoins already confirmed this pattern but now the small cap. Alts are moving first, then the Bitcoin and the bigger ones.
Namaste.
It can be simplified as a higher low in June 2023 vs December 2022, sometimes a double bottom or lower low. Simply a wave followed by a strong correction and now we are entering a new bullish wave phase.
Here DOTUSD can be seen trading above EMA50 daily, which opens the medium term growth potential with a 90% easy target.
Notice how moving above this level back in January leads to fast, strong growth, weeks of sustained growth.
This is what we are looking at now.
Things can change and that's why we have a tight stop-loss represented here by the blue dashed line.
Hundreds of Altcoins already confirmed this pattern but now the small cap. Alts are moving first, then the Bitcoin and the bigger ones.
Namaste.
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