Polkadot —Higher Low & Bullish ContinuationThis one is time sensitive. Polkadot (DOTUSDT) is about to produce a bullish continuation. The higher low is in and the action just turned green.
The first advance ended 12-May, it's been 16 days. There is almost no retrace, very small but it lasted more than two weeks. This is all normal price action.
The retrace ends in a higher low and the higher low evolves into a new advance or higher high. The next rise will last much longer than the previous one, say, 30 days straight up. This can be the minimum as it can go for longer.
After this advance, which will be a big one, there can be a correction followed by the bull run phase. It is hard to know the specifics because we will have six months of growth with a correction in-between. The correction can last 1 month just as it can last 3 months but no more. Most likely around 2 months, the big one.
This correction will end in a higher low followed by additional growth until we get the cycle top.
Prices are still low. It is still early.
But after the current move that is developing now, it won't be early anymore. Everybody entering the market after the start of this continuation will be late. There will be plenty of room available for growth, but bottom prices will be forever gone.
Namaste.
