Polkadot is one project worth considering for the upcoming altseason. Currently, it is at a bottom, holding a support trendline that has remained strong for DOT since its inception, making a rebound likely.
We have a resistance trendline around $5.6, and once we break above it, we can expect a bullish rally.
Trade setup:
~ Entry: CMP ~ Accumulation: $3.5 to $4.1 ~ Trade type: Spot or with maximum 3x leverage. ~ Period: Long-term. ~ Target: 10x to 15x gain.
Note: Always do your own research and analysis before investing.
Trade crypto options and futures on Coincall for great onboarding bonuses and a premium trading experience.
Also on:
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.