Keep an eye on DOT this weekend, as it might surge 24.6%
Polkadot (DOT) is waiting to catch up as Bitcoin, Ethereum, Solana, and Dogecoin soar. While some older coins have yet to make major moves, they've formed interesting patterns. DOT is one of those and has developed an inverse head and shoulders pattern over the last 36 days.
A breach to $6.50 could push the price as high as $8.11, a 24.6% increase. It's too early to determine the exact stop level, but it should realistically be just below the breakout candle.
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A breach to $6.50 could push the price as high as $8.11, a 24.6% increase. It's too early to determine the exact stop level, but it should realistically be just below the breakout candle.
This content is not directed to residents of the EU or UK. Any opinions, news, research, analyses, prices or other information contained on this website is provided as general market commentary and does not constitute investment advice. ThinkMarkets will not accept liability for any loss or damage including, without limitation, to any loss of profit which may arise directly or indirectly from use of or reliance on such information.
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