DOT / TetherUSLong
DOTUSDT: A 2,300% On the way
Technically, Polkadot has found a concrete static support as shown on the price chart:
- 4 USD has been proven to be a pretty solid support:
. 1st: On 12 Oct, 20;
. 2nd: On 23 Oct, 23 (some 1,092 days later);
. 3rd: On 29 Jul, 24 (some 289 days on);
. 4th: On 11 Nov, 24 (some 98 days later);
- Harmonic Patterns have also been proven their Patternicity potential with 80% accuracy - meaning that Butterfly shape combined with Extension Fibs of 1.618 & 2.618 is going to work.
- Dominance of Bitcoin is going to experience its' 1st drop following several years which is going to lead to the 1st Alt Season during a couple of months coming.
- Followingly, I expect BTC this time to hit some 150K USD. Then, it is followed by the second Alt Season known as Altcoins' Party!
- According to those previously mentioned Static Strong Support Zone depicted on the chart, this time, based on the Elliot Waves Theory/Principle, this bull market DOT is going to experience its' 3rd impulsive wave, and that is why Fibs of 1.618 & 2.618 has been depicted as fairly possible future scenarios reaching some 80 to 140 USD per DOT.
- Bearing the last paragraph in mind the Risk/Reward ration is unbelievably high and that is also represented.
- DOT's fundamental score, the FCAS, its' entire Para-chain Functionality, as a Relay Chain, utilizing the Sharding Concept, its' healthy Developer Community and the entire ecosystem, we can expect some tremendous outperforming potential for Polkadot.
This is not a financial advice at all.
I'm still learning. DYOR.
- 4 USD has been proven to be a pretty solid support:
. 1st: On 12 Oct, 20;
. 2nd: On 23 Oct, 23 (some 1,092 days later);
. 3rd: On 29 Jul, 24 (some 289 days on);
. 4th: On 11 Nov, 24 (some 98 days later);
- Harmonic Patterns have also been proven their Patternicity potential with 80% accuracy - meaning that Butterfly shape combined with Extension Fibs of 1.618 & 2.618 is going to work.
- Dominance of Bitcoin is going to experience its' 1st drop following several years which is going to lead to the 1st Alt Season during a couple of months coming.
- Followingly, I expect BTC this time to hit some 150K USD. Then, it is followed by the second Alt Season known as Altcoins' Party!
- According to those previously mentioned Static Strong Support Zone depicted on the chart, this time, based on the Elliot Waves Theory/Principle, this bull market DOT is going to experience its' 3rd impulsive wave, and that is why Fibs of 1.618 & 2.618 has been depicted as fairly possible future scenarios reaching some 80 to 140 USD per DOT.
- Bearing the last paragraph in mind the Risk/Reward ration is unbelievably high and that is also represented.
- DOT's fundamental score, the FCAS, its' entire Para-chain Functionality, as a Relay Chain, utilizing the Sharding Concept, its' healthy Developer Community and the entire ecosystem, we can expect some tremendous outperforming potential for Polkadot.
This is not a financial advice at all.
I'm still learning. DYOR.
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