DOT
Long

POLKADOT ready to go soon; behaves like BTC

The reason why DOT behaves like BTC may be because like BTC & ETH, many institutional investors are holding it. It was one of the first big winners last year.
After plummeting straight down with decreasing volume, I think DOT is ready to reverse.
It was recently rejected by the 23 pivot so it may go down first to retest previous low before a big rally.
Note the big trading range so the risk to reward is great at this low.
Better see if it breaks above 23 soon.
Not trading advice
Technical Indicators

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