DOT / TetherUS
Panjang

$DOT this is the bottom ?!

936
Hello and welcome to this quick market update:
With all the parachain hypes around DOT aside, let’s discuss the TA a little bit:

As you can see, in my opinion DOT is trading in a rising wedge and currently we are at a very import support.
Both static and dynamic supports are aligned here (+ 21D ema), so it is fair to say that if we loose this line, the All Time High will delayed for a long time for Polkadot family.

As I show you in the chart:
if we sustain this level $60 would be our first target
And if we break below this wedge, $26 is where I would like to buy DOT again

Let’s hope that Bitcoin is done with the correction ;))))

What do you think will happen first, $26 or $60?

Penafian

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