L1
DOTUSD on 21-11-01 16:43While other L1's have taken the spotlight mid summer → mid Sept, Polkadot seems to have fallen out of the conversation until recently.
CT has been buzzing the last few days, IDK if there's any big news on the horizon? Only that the chart looks tasty. I'm looking to add to my bag as follows:
50% @ $44.70 (spot)
25% @ $42.10 (w 1x)
15% @ $39.07 (w 2x)
10% @ $47.18 (spot)
In addition to my regular DCA of a few DOT/wk. Hopefully a good EOY!
LSF (L1 Long/Short Fund) - Bulls in ControlWe expect price to test the resistance pocket between 1.610 - 1.645 shortly, off the back of a bullish breakout and positive NAV movements.
LSF is still trading at a 10% discount to NAV.
There is the possibility of a pullback to retest the breakout point 1.500 - 1.540.
We expect any pullback to be met with big buyer demand, so long as the NAV keeps making gains.
LSF looking for a 10%+ moveLSF has broken above its bullish flag pattern range, and if it can clear 1.480 this week, demand should pick up and push it towards 1.540.
If they can increase their NTA by then to above 1.60, we should then see next resistance tested at 1.645 after 1.540 breaks on volume.