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DOT: Looks ready for the next upward move
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DOT: Looks ready for the next upward move
From two days ago DOT created a better accumulation. Looks like the accumulation finished despite that is not so clear yet. It may start rising soon.
DOT continues to extend its upward move. The price reached 4.34 so far with minor moves.
Momentum looks weak considering BTC is testing strong territory again. However, considering all altcoins have plenty of room to grow further, the chances of a larger upward move still remain high.
It may take a short pause, but as long as it stays above 4.1, the chances of a bullish wave remain intact.
Key upside targets:
$4.43
$4.60
$4.85You may find more details in the chart!
Thank you and Good Luck! -
DOT: Looks ready for the next upward move
From two days ago DOT created a better accumulation. Looks like the accumulation finished despite that is not so clear yet. It may start rising soon.
DOT continues to extend its upward move. The price reached 4.34 so far with minor moves.
Momentum looks weak considering BTC is testing strong territory again. However, considering all altcoins have plenty of room to grow further, the chances of a larger upward move still remain high.
It may take a short pause, but as long as it stays above 4.1, the chances of a bullish wave remain intact.
Key upside targets:
$4.43
$4.60
$4.85You may find more details in the chart!
Thank you and Good Luck!
Polkadot -> +5.17% since the analysis was posted yesterday.
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DOT: Upward Direction Remains Intact
DOT reached the first target in a clear way after creating another accumulation between 4.1 -4.3.
The price is well positioned to increase further and in my opinion this accumulation is getting even bigger before we have a stronger upward move.
