OTWhale

DOT Might Go Back to $10 If BTC Goes Down Below $36k-$38k

Long
BINANCE:DOTUSDT   DOT / TetherUS
DOT is having a hard time trying to go up again after falling from $55 a couple of months ago, and we can see many pressure downwards, towards the $22 support that's been holding for quite some time. If BTC goes down again below $36k/$38k expect this support to be broken as the overwhelming pressure downwards can't be sustained anymore and we can see DOT go down to $10.

If DOT is already down to $10, I expect BTC is also already down to $28K/$30K, which can signal a good long entry for both in my opinion, especially if you buy leverages.

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