Long

Polkadot 2.0

Updated

- So i predicted many times that 4.30$ was the bottom.
- And i was wrong, Polkadot is still young.

- Trading Altcoins is like that, it's really hard to predict a perfect bottom with a new project.

- it's much more easy with BTC because TheKing volumes are high and it stays around from many years already.

- Remember that Trading is trying to predict the future by looking at the past, more you have data from past, more the job is easier.

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- A bit FA here :
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- Polkadot did the same as Cardano's first bullrun, it went back to the start.
( i will post a Cardano Charts in comments )
- Actually it's not a sign of weakness, but an opportunity.
- Polkadot didn't make noise just because they want to build steady following some SEC rules.

- Now if you follow the news, you can find that Cardano, Polygon and Near Protocol are building on Polkadot's SDK, DYOR it more to get some more informations.
- With time Polkadot could be the mother of all blockchains connections and interoperability.

- Remember what they had to do with ETH when problems came around, they forked it for ETC ( Ethereum Classic ).
- Polkadot doesn't need any FORKs, everything can be changed by votes in the governance.

- The difference between DOT and ETH is very simple.
- Polkadot is scalable, Ethereum is not.

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- Trading Parts :
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- So Right now look at the graphic.
- DOT made a bottom around 3.60$. The exact same bottom it did in 2020.
- DOT is actually staying near a demand zone (6$).

- i do not recommend to buy now but wait for a retracement or a breakout from this area.
- To get peace of mind i would buy DOT after 8$, after that zone, it's a free fly!

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My predictions on DOT for the next bullrun are unchanged :
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- Security TP : 85$ ish
- Middle TP : 140$ ish
- Max ATH : 220$ ish
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- if you missed to become a Whale with ETH in 2016.
- Here yours second chance with Polkadot.

- Stay S4fe

Happy Tr4Ding !

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- Here Cardano first bullrun in 2017-18.
- Notice the similarities :

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i will link some charts that i did for Polkadot in the 2021 Bullrun.

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first extension :

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Breaking 8$ range is the key.

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We need a weeky candle to close higher than 8$ to confirm a bull reverse trend.
keep focused.

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lets see tomorow but it seems 8$+ still on track for monday new candle. Merry Xmas!
Next Smaller Resistance is 10$.

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just a step.

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come on..

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Don't think we are in a bearmarket. we are in a Prebull Market.
Next Target will be a free ticket to 23$ ish. Reserve your seat.

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they will never back where they are. mark my words and charge ur bag. we are so early.

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- supports turn as resistances.
- resistances turn as support.

- Remember the fundamental simple rules of trading.

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Hodl, They haven't started yet.

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cross 2W TF.

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- Timeline is wrong, it's hard with Altcoins.
- Stay focused on the basic view :

thecryer

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