– in my older analyze i predicted Polkadot bottom around 15.5$ :

Here older post :

– the problem with common alts is they are naturally following TheKing moves.
– if TheKing stays weak then altcoins will just standby and wait for his next move, then some will move harder if BTC pump and weaker if BTC dump.

– Polkadot is an heavy project with so much parachains, in the future i see DOT number 3 on CMC next to BTC and ETH.
– Many concurents as Solana or Luna made bigger moves than DOT, because they are going very fast, deploying multiples projects at the same time causing multiples bugs on their chains.
– Polkadot is safer, they are building slowly but surely

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Trading Part
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– if u check Weekly MACD in graph u will notice that it made a flat move
– Normally we had to turn bullish 3 weeks ago but we stayed weak, could consider that as fight between bulls and bears or a consolidation.

– in the worst case a good buying zone is around 13$, i don’t see any lower bottom for DOT.
– if we are in a consolidation then a buy is possible right now but it’s pure gamble, i recommend to wait.

– TP are accorded to Fibo and simple :

— TP1 : 30$
— TP2 : 40$
— TP3 : 80$

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Stay Safe and Happy Tr4Ding !