Polkadot Macro Analysis

15 Tem 2021

DOT is currently ending a zigzag correction (5-3-5), I think we are about to finish wave C of a larger ABC correction. It might consolidate around the 10$ to 15$ levels for a while before making a decisive impulse to the upside. When DOT breaks the steeper red downtrend line it might signal that the correction is over and it will mark the beginning of the new accumulation zone that will start a larger trend reversal.
I'm expecting a new all time high of between 80$ to 130$ in a 6 to 10 month timeframe.

Not financial advice.