Polkadot is a nice project, it has real value behind it.
DOT ( DOTUSD , DOTUSDT , DOTBUSD ) , like all others, is cooking something.
Cryptocurrency Markets will eventually start another Bullish Cycle.
However, for that to happen, first and last: bad news and bad bad things need to happen.
Why? So that rookies will give in and surrender.
That's how it works.
When people sell out of fear, I buy!
So, I have been, and will continue buying all major falls.
I am a Crypto Bull, what can I say... I'm not investing my bread money, and neither should anyone else.
It's for the long-term, and with a little bit of luck, I will put my son to a good school once he's of that age.
Yeah, that's why we keep buying all these :poop: coins. :D
So, let's get on with it!
My best buying level is: $2.5 .
The Fibonacci Time Zones & Cycles tell me that this December there is a good chance that Santa will come.
IMO, The 2nd wave of the Fibonacci Summation is here.
Patience is needed though, because this rocket needs to gather fuel for that trip to Mars.
I've decided to set the bull-leg time-frame for early '23.
Until then, I'm loading ammo: HODLer style LOL.
Technical Analysis:
* Elliott Wave A-B-C Pattern
* Harmonic Pattern: Bullish Cypher
* Ending Diagonal
* Bullish Divergence
* Fibonacci Retracement: 88.6%
* Fibonacci Extension: 127.2%
* Demand Zone
Good luck my fellow HODLer!
Richard