thedutchgopher

What problems is DOT solving that cant be solved with BTC

Short
thedutchgopher Updated   
KRAKEN:DOTUSD   Polkadot
What problems is Polkadot solving that can`t be solved on the Bitcoin blockchain and network? Even the most serious altcoins are overvalued and will never see any application for solving real-life problems in production. A close below $26 could create an ugly scenario for people invested in this token. Called the $25 support when the rising wedge broke out on 12-nov, but it looks like this is a short stop to the next support level.
Trade active:
Did not expected the pump above $30 to be honest, it was probably a good level to sell, still don`t think the $25 is going to hold.
Trade active:

Looks like DOT will go to $10
Comment:
New yearly low. RSI and MACD look extremely bearish. Still think we are going to test $10 support.

Trade closed manually:
Hit $12 target, expect further decline.
Comment:
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