A bit too soon to be long on Crypto

Steve Bayer
Jun 16, 2021

I posted earlier that is a good time to enter DOT/Polkadot. That was a premature statement.

While the +DMI line is above the -DMI line in weekly charts of DOT. The ADX line is not inclining upwards.

While profits may be possible, it is more effective to wait for the ADX line to incline upwards. The ADX line indicates when an upward or downward movement in prices is strong.

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