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DOT/USD Breakout to 25$ ???

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George Gaston Pombal
@twoitguys
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2 min read

If you bought the dip around 14.74$, you have already made a 16% profit in a few hours, not bad.

I watch several youtube videos and read many analysis, and i'm not sure that a share their over positive point of view. Could Polkadot make 100$, yes, why not? In trading anything is possible, but... yeah but is it realistic in the near future. I don't believe so. Again, this not financial advice, but if you wish to become a trader, you have to trade the charts, not your expections. Of course you can dream, but we dont trade dreams, but money, so if you don't want to lose all of it, trade carefully and always do your own research... or at leats don't listen to just the point of view that fits your wishes.

I'm sharing this video today, I don't agree with everything said, but it's always good to listen to different views. Can help build your own, change your mind or stick with your first impulse.
https://www.youtube.com/watch?v=9HiDQye2P34

However, let's take a look a the charts. So it looks good on the daily timeframe.

We are over the 200 MA, so it's good and we're trending up.

On the hour timeframe, looks a bit late to entry, better wait for the next pullback.

Looking at the Fib pivot points, We can expect to up to 24-25$.

So, be patient, wait for DOT to go back under 16$ and you may expect a 56% profit. If it doesn't go back...too bad, you don't have to trade on every move. Wait for a better entry or another pairing.
Good luck and good profit!

This is not a financial advice. Trade at your own risks

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