DOT breaking a short tern downtrend against ETH, but we have been at this inflection point before over and over. So I would be long DOT/ETH in the short term, but seriously give it a short leash with my stop loss level. On the fundamentals, please go download a wallet and use Polkadot and you will see it is full featured. Almost to point that "most" users will...
DOT breakout both on USD & ETH, I foresee more short term chop in this chart, so I have 2/3 TP on first target & 1/3 on the second.
Seems to be a trend reversal in the MACD chart and a bull flag forming for a continuation of its outperformance on ETH. There's also events happening for DOT at the end of this quarter so I believe its all setup for another run up.
Charts to Monitor the Rise of Polkadot and Kusama. The ecosystem prepares to go live end of Q1-Q3 of 2021. - First Chart = is Dot/Eth/BTC. For this chart to go up Dot has to outperform both ETH and BTC. - Top Right = Kusama Vs Dot . . Kusama is overlooked and undervalued. The idea is that Dot will out perform Eth and Kusama will out perform Dot. *ALL...
Let's see how close DOT could come to the marketcap of ETH