Saturday 9 October 2021

Polkadot: Long Re-Accumulation

We first started following Polkadot and its native token DOT last year in the $3-$6 range. We identified back then that the $3-$6 range was highly likely a long accumulation zone for Polkadot. Later on, it ended up breaking out to $50. Since then we have come back down and are in what I would consider to be long re-accumulation in the same manner as we were last year. Albeit this time, the price of DOT is about an order of magnitude higher. Will this prove to be another accumulation zone for DOT? TA Video by Benjamin Cowen.