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Polkadot Going to the moon? No, but it still got steam!

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George Gaston Pombal
@twoitguys
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Got a good feeling about the Dot/usd pair. Polkadot was bullish and still is. We already passed the ATH. Fundamentals? Based on their whitepaper, they got a good project going on (with a few bumps). If you don't know the DOT prpject, you can watch this video or do your own research.
https://www.youtube.com/watch?v=wb0czKguqAY

Convince? Maybe...who knows. However, when we're talking about trading, shitcoins or real crypto asset makes no difference. let's see what the charts are telling us.

Short term support ar around fib 0 and 0.236 ($16.31). But there's a more solid support at 11.99$.

Midterm and long term forecast As you can see, there's room for growth. Guess, it's from the ICO and the lauch of the mainnet. Still, the MACD is up on the daily and weekly chart. We can expect to reach 23$ in the next few days.
This scenario is valid unless we go under 9.70$.

What do you think? Is it wishfull thinking? Let me know in the comment.

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

Posted Using LeoFinance Beta