What problems is Polkadot solving that can`t be solved on the Bitcoin blockchain and network? Even the most serious altcoins are overvalued and will never see any application for solving real-life problems in production. A close below $26 could create an ugly scenario for people invested in this token. Called the $25 support when the rising wedge broke out on 12-nov, but it looks like this is a short stop to the next support level.
Trade active
Did not expected the pump above $30 to be honest, it was probably a good level to sell, still don`t think the $25 is going to hold.Trade active
Looks like DOT will go to $10
Note
New yearly low. RSI and MACD look extremely bearish. Still think we are going to test $10 support.Trade closed manually
Hit $12 target, expect further decline.Note
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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.