Polkadot (DOT) to $50On the above 4-day chart price action has corrected over 90% since the sell signal back in March 2021. Now is an excellent long opportunity. The reasons?
1) Price action and RSI resistance breakouts.
2) Regular bullish divergence as printed over a 4 month period.
3) Support and resistance. Look left.
4) The target is defined from the falling wedge.
Is it possible price action falls further? Sure.
Is it probable? no
Ww
Type: trade
Risk: <=6% of portfolio
Timeframe: Long from August.
Return: 1000%