POLKADOT: Showing signs of a parabolic move
Updated
Hello Traders and Investors,
Cryptocurrency is picking up a lot of momentum from mainstream media. Although it seems like things can tilt over at any moment, especially for those of us who have been in this space for years. Know that this is just getting started and valuation will go a lot higher.
Taking a look at DOT. We see that it is forming an uptrend channel in a staircase manner. The price is getting tighter over time and it is only a matter of a few days before we see a huge move in DOT. I believe it will break upwards in a parabolic manner. We will see $30+ for the immediate short term profit area, but this will be initial momentum to get DOT to even higher valuation.
Let me know what you think.
Thanks
Cryptocurrency is picking up a lot of momentum from mainstream media. Although it seems like things can tilt over at any moment, especially for those of us who have been in this space for years. Know that this is just getting started and valuation will go a lot higher.
Taking a look at DOT. We see that it is forming an uptrend channel in a staircase manner. The price is getting tighter over time and it is only a matter of a few days before we see a huge move in DOT. I believe it will break upwards in a parabolic manner. We will see $30+ for the immediate short term profit area, but this will be initial momentum to get DOT to even higher valuation.
Let me know what you think.
Thanks
Trade closed: target reached
DOT reached target perfectly after retesting entry.
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