PolkaDOT, Has it bottomed out? (Small analysis)
Some TA on the graph
PolkaDOT I think is an interesting one. A few weeks back I think people expected an explosion and the start to a hike due to parachain auctions however that did not happen but the opposite did : a heavy correction. This then gets a lot of people asking is DOT still a buy? Well imho YES ITS A BUY.
I believe it has bottomed out (and notes on the chart should help explain why).
Therefore I would start accumulating and entering if DOT has gotten you interested previously
Disclaimer: Everything provided by me is for informational and educational purposes only. No financial advice is being given here and always do your own research before making monetary and investment decisions.
PolkaDOT I think is an interesting one. A few weeks back I think people expected an explosion and the start to a hike due to parachain auctions however that did not happen but the opposite did : a heavy correction. This then gets a lot of people asking is DOT still a buy? Well imho YES ITS A BUY.
I believe it has bottomed out (and notes on the chart should help explain why).
Therefore I would start accumulating and entering if DOT has gotten you interested previously
Disclaimer: Everything provided by me is for informational and educational purposes only. No financial advice is being given here and always do your own research before making monetary and investment decisions.
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.