Could play out this way - DOT is currently in a descending wedge which is a reversal pattern and on the 1H timeframe is inside an Inverse H&S - which combined with the descending wedge means we should rise back to the previous local highs if everything plays out accordingly.
TP1 $53
TP1 $53
Note
DOT has some major near-term catalysts that will be announced any day now - they have an audit that will finish and then parachains will launch soon after... this is pretty big imomedium.com/polkadot-network/the-launch-of-parachains-78188fcf024f
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.