Polkadot DOT. That was a good chance to buy the dip.

Polkadot DOT. That was a good chance to buy the dip.

By OnlyUp | OnlyUpTA | 27 Jan 2021


As we saw today the main cryptocurrency dropping below the 30k mark, Polkadot token also followed the downtrend and reached its good support at $15. That was a good chance to buy it as I expect growth from here. This level was once resistance, where the pump stopped for a while and then it turned into a good support. From these level the token DOT was out-bought quickly every time the price approached it. On the daily time frame we can see an ascending triangle being printed which I expect to be broken out upwards. To make sure this happens Bitcoin must not dump any more over the next days but slowly recover. Slow recovery of BTC means huge growth for alts! The short/mid term targets remain the same as mentioned in my previous article. 

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OnlyUp
OnlyUp

Hi! I am day trader and crypto investor. #BTC #ETH #DOT #NEAR #PHA #REVV #REN #KSM #ZEC #XMR #VET #LINK #PCX #REEF #ZIL #WAVES #HEGIC


OnlyUpTA
OnlyUpTA

TA on BTC and Altcoins

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