Polkadot DOT BTC breakout structure short-term bullish

29 בספט׳ 2020

The breakout against BTC pair indicates that DOT is due for a short-term rally to approx 5k SAT level. Similar breakouts in the past led to rallies of 16-22%. However, here we can be more conservative due to markets being neutral and target a moderate breakout up to 5000 sat level. If BTC remains relatively flat, this provides a profitable opportunity to ride the short-term breakout wave for DOT.