Technical analysis by MarketIntel about Symbol DOT on 18 hour ago

For now, we continue to expect that DOT will be sold off into our orange Target Zone between $1.66 and $0.70—which could offer attractive long entry opportunities – and complete magenta wave [ii]. However, we estimate there’s a 37% chance that the significant low is already in place and that the altcoin could break out directly above resistance at $3.45; in this scenario, our Target Zone would no longer be relevant.