Bottom still remains to be found, once stochastic RSI flashes reversal, while price is below 200d MA and RSI is oversold then we can start to enter the market again. Good luck.
This is my medium term analysis on $DOT and there will be none to follow for quite a while, so tune in and enjoy the ride! INTRO , Polkadot $DOT established a new trend and finished its short term explosive cycles, which fired it above $50 from below $5 in december last year as predicted in my previous analysis. By breaking into top 10 leaderboard a true altcoin...
Assuming BTC will follow linked prediction, we can confidently say this is a perfect accumulation zone with the low risk 50% upside to $20, pick any scraps in the blue region!
This will be most likely one of the last of my analysis on $DOT in the short term, so tune in and enjoy the ride! INTRO , Polkadot $DOT established its first predictable cycle and appreciation band which is now tightly followed by the traders as cryptocurrency market entered the bull season. Each cycle appears to last 20 days on average (marked by red vertical...
Looks like the healthy correction brought us to almost perfect cycle pattern, however in way shorter time span than ever before.
Previous top pattern fit and pi bands
The cycle might have been extended, I think we might travel for a while within this fibonacci band. If crypto crashes and corrects we might see $DOT at $11 although we might also moon before that happens, above chards presents the worst case bearish scenario for the market where bitcoin just pushes sideways then down before continuation up
First beautiful channel of support and resistance formed by $DOT + Pi bands to indicate top is nowhere near
Is this the historical moment, where for the last time we will ever see $DOT below $20 ?
Early correction appears to accelerated the polkadot cycle pattern, I would expect to touch $12-13 range before exploding into the next cycle. If successful $DOT can become the best token to trade in 2021 and overtake $USDT by market cap There is currently no other token without the psychological ballast from the last bull cycle, by extrapolating previous bull...
We broke key support now the correction to the mean is inevitable. General upside pattern still holds
Presenting here a possible cycle pattern for the polkadot run in case of the altcoin bull run continuation
Presenting here three possible pattern overlays for the full on bull, average and bear scenarios
DOT appears to create its first repetitive growth circles which chasing ethereum