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!
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Social and economic unrest has cause DOT, crypto market, and stocks to see a hard crash. But, as DOT continues to accomplish their projects w/in their road map, in conjuction with ETH conjestion issues, the long is still in play. Buy the low, cause may not last long. But could see another crash around election time for another buy in opportunity.
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.