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DOT Thinking bottom will be put in next month at the 786% fib retracement lvl . Mainly because the 618% appears to be getting flipped into resistance. Otherwise I could count the correction complete if not for this pesky 618% resistance level flipping into resistance. Once that confirms I will get very ugly for DOT. Also the falling triangle wedge bottom TL lines up nicely with the next level down 786% mid Nov. That said an overthrow of the wedge to test $4 in Oct would still be a valid C wave count and then up we go.

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DOTUSD (Polkadot): Bearish Continuation Dotusd closed below a key daily demand area. Now, the coin will most likely keep falling to a current low - 0.602 ❤️If you have any questions, please, ask me in the comment section. Please, support my work with like, thank you!❤️

Alt Season... Many will instantly dismiss the idea of any cryptos going up anytime soon - however I believe we're in the early stages of an alt season/potential new bull run - this cycle could last years also and new highs will come naturally - ETH is probably the most important asset in the world right now and everything important is gravitating towards it - I believe everything is going on the blockchain to some degree and the infrastructure is being built before our eyes - the innovation spark of this next alt cycle will be layer 2s imo which will onboard loads of new users seamlessly to layer 1's like ETH making the whole Web 3 narrative a reality and speed up the adoption curve.

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