A couple of weeks ago I made an analysis on DOT where I argued that we'd likely see more downside in the near future. Both bearish targets were hit, congratulations if you made the trade.
In all fairness, I think DOT will likely fall another 50% in the coming months. Sure, we can see a couple of bounces here and there, but I'm not interested in buying DOT for the long-term, yet. From $5 I'll be scouting for some DCA's, not any higher. Patience is key.
In all fairness, I think DOT will likely fall another 50% in the coming months. Sure, we can see a couple of bounces here and there, but I'm not interested in buying DOT for the long-term, yet. From $5 I'll be scouting for some DCA's, not any higher. Patience is key.
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