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DOT has been a great investment in this bull run, and I think that we might see the coin reach 40$ again if BTC resumes the uptrend. The coin is in a good buy range at 26$, and if we break the 30$ resistance we will probably hit 40$. If BTC goes down a drop to 18$ is the most probable scenario.
DOT has very similar paterns in the two stages of the bull run so we can expect a sideways movement like we saw in May and June. For now the best we can do is wait for the BTC price movement before entering a postion on DOT. I remain confident that the coin will break the resistance and go up because BTC chart doesn't have any sign of a big crash yet. Comment what you think
DOT has been a great investment in this bull run, and I think that we might see the coin reach 40$ again if BTC resumes the uptrend. The coin is in a good buy range at 26$, and if we break the 30$ resistance we will probably hit 40$. If BTC goes down a drop to 18$ is the most probable scenario.
DOT has very similar paterns in the two stages of the bull run so we can expect a sideways movement like we saw in May and June. For now the best we can do is wait for the BTC price movement before entering a postion on DOT. I remain confident that the coin will break the resistance and go up because BTC chart doesn't have any sign of a big crash yet. Comment what you think
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Disclaimer
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.