DOT in daily chart
Updated
Hello everyone
What is happening in some of Altloins is really weird and I guess it is because they have to take time and wait for BTC to start its next rally.
I mean these patterns for wave 2 are not so common but we should not forget that we are talking about Crypto market with the least liquidity among all other markets so mass psychology can be more unstable than the others.
By the way, if we are near to the next Altcoin Season, so this counting might be correct and DOT has made an Expanded Flat for its wave II cycle.
Another problem I have is the last correction which is not very similar to wave 1 and 2 and might be possible we have one more correction down to more common support level of wave 2.
Thanks
What is happening in some of Altloins is really weird and I guess it is because they have to take time and wait for BTC to start its next rally.
I mean these patterns for wave 2 are not so common but we should not forget that we are talking about Crypto market with the least liquidity among all other markets so mass psychology can be more unstable than the others.
By the way, if we are near to the next Altcoin Season, so this counting might be correct and DOT has made an Expanded Flat for its wave II cycle.
Another problem I have is the last correction which is not very similar to wave 1 and 2 and might be possible we have one more correction down to more common support level of wave 2.
Thanks
Note
Altcoins investors should bear the situation. They want us exhausted.
AMA
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