DOT Primed For Price Pump: BTFD!!!!!
My Fellow Crypto Traders,
Appreciate you taking the time to view my analysis in which I hope you may find beneficial. Please be sure to “LIKE” if you indeed find my analysis useful and/or find my analysis intriguing.
Cheers & Happy Trading!
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*Note: Sorry for the short analysis, short on time but had to post.
ANALYSIS:
Micro-Narrative: DOT shud see a minor pullback down towards low $4.30's and possibly penetrate the $4.20's region for support. Wave-Trend supports this narrative, due to DOT currently residing in the overbought region, but downward-trending. Moreover, the current market sentiment is signaling market is oversaturated due to BTC positive price action in which is setting new highs for multiple time intervals.
Macro-Narrative: Post DOT minor pull-back, the predicted timeline shows DOT should be nearing the end of its consolidation/accumulation phase and entering a phase of making higher highs.
Appreciate you taking the time to view my analysis in which I hope you may find beneficial. Please be sure to “LIKE” if you indeed find my analysis useful and/or find my analysis intriguing.
Cheers & Happy Trading!
------------------------------------------------------------------------------------------------------------------------------------------------
*Note: Sorry for the short analysis, short on time but had to post.
ANALYSIS:
Micro-Narrative: DOT shud see a minor pullback down towards low $4.30's and possibly penetrate the $4.20's region for support. Wave-Trend supports this narrative, due to DOT currently residing in the overbought region, but downward-trending. Moreover, the current market sentiment is signaling market is oversaturated due to BTC positive price action in which is setting new highs for multiple time intervals.
Macro-Narrative: Post DOT minor pull-back, the predicted timeline shows DOT should be nearing the end of its consolidation/accumulation phase and entering a phase of making higher highs.