DOT Consolidation ends, where to next? To $6.50 or $1.80

3 בנוב׳ 2020

For the last two months consolidation continues on the DOT/USDT chart, which is approaching its completion.

The trades delta in consolidation is negative, there are 12% more sales than purchases, and it shows that sellers are now more aggressive.
But anything can happen in the crypto world, one piece of news can radically change everything.

If the price breaks out of consolidation upwards and fixes above $4.60, then the way to the zone $6-6.50 will open.

If the price falls down and confidently fixes below $3.84, then the price may collapse to the zone $1.80 -1.90, where there private token sales took place and it was the first fair market coin cost.
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