One cryptocurrency that is lagging behind in my opinion is Polkadot.
Our last limit order for DOT didn't get filled. After close scrutiny, it appears to be a completed Wave (a), with the formation of Wave (b) underway or just completed. There might be a brief upward move, but I don't anticipate it surpassing the level of Wave 1. A Flat pattern, whether Regular or Expanded, seems likely, potentially for wave (c) retracing precisely to the wave (a) level or just below it.
Considering this as a Wave 2 scenario, a wide stop-loss is advisable for added safety. A target around $7 would represent a 50% retracement, while pushing to $8 could mean a 67% gain. 📈
Our last limit order for DOT didn't get filled. After close scrutiny, it appears to be a completed Wave (a), with the formation of Wave (b) underway or just completed. There might be a brief upward move, but I don't anticipate it surpassing the level of Wave 1. A Flat pattern, whether Regular or Expanded, seems likely, potentially for wave (c) retracing precisely to the wave (a) level or just below it.
Considering this as a Wave 2 scenario, a wide stop-loss is advisable for added safety. A target around $7 would represent a 50% retracement, while pushing to $8 could mean a 67% gain. 📈
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✅ Exact setups inclusive Limit Order & Stop Loss
✅ Challenges
Discord - discord.gg/G9c5TGETt2
Telegram - t.me/+U7KhRNv61XczZmQ0