Polkadot

Polkadot Macro Analysis

509
DOT is currently ending a zigzag correction (5-3-5), I think we are about to finish wave C of a larger ABC correction. It might consolidate around the 10$ to 15$ levels for a while before making a decisive impulse to the upside. When DOT breaks the steeper red downtrend line it might signal that the correction is over and it will mark the beginning of the new accumulation zone that will start a larger trend reversal.
I'm expecting a new all time high of between 80$ to 130$ in a 6 to 10 month timeframe.

Not financial advice.

Clause de non-responsabilité

Les informations et les publications ne sont pas destinées à être, et ne constituent pas, des conseils ou des recommandations en matière de finance, d'investissement, de trading ou d'autres types de conseils fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.