Moment of Truth! If DOT breaks this LONG TERM trend line starting almost from its inception, then we are in big trouble (at least for the short term). We may have a flash crash. This has more to do with BTC and global economic conditions rather than Polkadot itself. I think a wise person would set some stop losses in case it breaks and then put some crazy low BUY orders maybe around the 12.75 area. We could bounce from here, but we have a Head and Shoulders, dropping CCI, and dropping Stoch RSI indicator. NOT looking good. Could be a great opportunity to buy some DOTs really cheap. Good luck
Comment:
Played out exactly as stated...BOOM...Trade closed