Polkadot - Consolidation ended and going for a new high nowDOTBUSD - Looks like it finished a Flat correction. Notice how price stopped at the 127.2% Fib projection of wave a which is a usual termination point for wave C of a Flat correction.
Price is now at the VWAP from the high which could act as temporary resistance but as long as price remains above 26.6 I think it's going to go higher.
Since I don't know exactly where the beginning of wave 1 is (and using 0 doesn't really help), it's a bit difficult to pinpoint the termination point of wave 5, therefore we must be attentive to the price action once a new high is made.
First target zone though is at 56/63 followed by 89/91.
