My Fellow Crypto Traders,
Appreciate you taking the time to view my analysis, in which I hope you may find it beneficial. Please be sure to “LIKE” if you indeed find my analysis useful and/or find my analysis intriguing.
Also, I’m new to charting game and the crypto/stock space. So, if you have any constructive criticism or tips, please share.
Cheers & Happy Trading!
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ANALYSIS:
DOT has lost much of it's confidence since the Sept crash. From a micro point of view, until there is more news w/ PolkaSwap, project developments, or partnerships, DOT will remain w/ this bearish narrative. However, if we zoom out and take a macro point of view, DOT has entered an accumulation phase, due to the strong base of support that has been built @ the $3.71 region. Therefore, if you're bullish on DOT, this would be a great point of entry for a long term hold.
Appreciate you taking the time to view my analysis, in which I hope you may find it beneficial. Please be sure to “LIKE” if you indeed find my analysis useful and/or find my analysis intriguing.
Also, I’m new to charting game and the crypto/stock space. So, if you have any constructive criticism or tips, please share.
Cheers & Happy Trading!
-----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
ANALYSIS:
DOT has lost much of it's confidence since the Sept crash. From a micro point of view, until there is more news w/ PolkaSwap, project developments, or partnerships, DOT will remain w/ this bearish narrative. However, if we zoom out and take a macro point of view, DOT has entered an accumulation phase, due to the strong base of support that has been built @ the $3.71 region. Therefore, if you're bullish on DOT, this would be a great point of entry for a long term hold.