DOT up 80% since last call on 14 Jan - But potential remains!
On 14th January, I tweeted about how DOT can be easily 2x from the existing place in 30 days. In less than 4 days the crypto has tripled in USDT pair and 80% in BTC pair!
Analysis:
The trading volume shows increasing investor interest
RSI levels are high - retracement to support level is possible
Breakout from long term downtrend
Investment Strategy:
Suggest buying stage-wise for the next 2-3 weeks
If DOT goes down - average your position. If it does up - do nothing till it reaches the resistance levels and then buys again
Can allocate a maximum of 10% of the total crypto portfolio towards DOT
HODL your investment for 2021 - exit only if you achieve your satisfaction
Analysis:
The trading volume shows increasing investor interest
RSI levels are high - retracement to support level is possible
Breakout from long term downtrend
Investment Strategy:
Suggest buying stage-wise for the next 2-3 weeks
If DOT goes down - average your position. If it does up - do nothing till it reaches the resistance levels and then buys again
Can allocate a maximum of 10% of the total crypto portfolio towards DOT
HODL your investment for 2021 - exit only if you achieve your satisfaction