I really like Polkadot and its solid way of building the ecosystem step by step. In the previous post, I did assume DOT would move the Elliot Ending Diagonal with the BTC's downtrend.
But in this post, I make a new idea in long term for this token in case BTC has finished the downtrend and will keep the bull run this year. I realize the big channel between the peaks and dips, DOT could be seemed to just complete the running flat correction in the first wave in its cycle.
If this idea comes true, how big the next wave will be large? But at least in short term, I will hold and stick to the Fib Retracement levels.
If you agree with this idea, please give me a like and share it.
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.