DOT / TetherUSLong
You Will Not Believe In This Polkadot DOT Target!
Hello, Skyrexians!
DOTUSDT is one is the most hated coin now because it was introduced as a fundamentally strong crypto on the previous bull run, but on the current bull run it's performance is one of the worst in comparison with other tokens. Today we are going to show you why PolkaDot can be the sleeping giant and despite the great market cap can reach insane targets!
Let's take a look at the 1W time frame. If we consider previous bull run as a wave 1, price still has not broken its bottom. It means that DOT is still in the global uptrend. Bear market for this crypto has clear ABC structure which has printed the global wave 2. It has been ended in August 2024 with the green dot on the Bullish/Bearish Reversal Bars Indicator [Skyrexio], which is strong long signal with the bullish reversal bar.
We expect that wave 3 has been already started and its targets can be measured by the Fibonacci Extension 1.61 and 2.61 levels. The first one is $89, the second $142.
Best regards,
Skyrexio Team
___________________________________________________________
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DOTUSDT is one is the most hated coin now because it was introduced as a fundamentally strong crypto on the previous bull run, but on the current bull run it's performance is one of the worst in comparison with other tokens. Today we are going to show you why PolkaDot can be the sleeping giant and despite the great market cap can reach insane targets!Let's take a look at the 1W time frame. If we consider previous bull run as a wave 1, price still has not broken its bottom. It means that DOT is still in the global uptrend. Bear market for this crypto has clear ABC structure which has printed the global wave 2. It has been ended in August 2024 with the green dot on the Bullish/Bearish Reversal Bars Indicator [Skyrexio], which is strong long signal with the bullish reversal bar.
We expect that wave 3 has been already started and its targets can be measured by the Fibonacci Extension 1.61 and 2.61 levels. The first one is $89, the second $142.
Best regards,
Skyrexio Team
___________________________________________________________
Please, boost this article and subscribe our page if you like analysis!
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Access private PineScript strategies and turn alerts into orders with easy-to-set up bots
Trade smarter with:
skyrexio.com
Trade smarter with:
skyrexio.com
Verbundene Veröffentlichungen
Haftungsausschluss
Die Informationen und Veröffentlichungen sind nicht als Finanz-, Anlage-, Handels- oder andere Arten von Ratschlägen oder Empfehlungen gedacht, die von TradingView bereitgestellt oder gebilligt werden, und stellen diese nicht dar. Lesen Sie mehr in den Nutzungsbedingungen.