In my opinion, the DOT cryptocurrency is completing wave D in the form of a triangle to complete the larger E wave. For this purpose, after completing wave D, we will have a small one that looks like a triangle completing a E wave, and after that we can see the width of the DOT grow.
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in conclusion to the previous analysis from an Elliott wave perspective, I think the D wave is not yet complete and needs another branch, and after that we could see a one-wave E wave down, and after that a low-risk area for buying is considered.
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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.