welcome back it's the 19th of november 2020, thursday. The fourth day after week, we are at number eight polka dots with the ticker d, o t so for polka dot against bdc. We have been falling down the witch right. We were saying that uh, you know you could be very careful about going to trade too soon we still don't have any clear uh chart pattern. Yet uh, no clear reversal chart pattern yet, and things are slowly slowly crawling its way down, which is really good. We won slow cross and we won fast rises. Slow down, fast rise, slow down, fast rise. This is what we want right. We do not want to see fast down, slow up fast down slow up. Now we don't, we don't want this kind of a move, and so we are welcoming this kind of move here. The only thing is the only problem with this kind of move is we don't know where the end is we don't know when polka dot is going to end its move towards the downside? When is pokedot going to start reversing back up? The question is when, when, when we're not exactly sure when and so there's just nothing much that, we can do nothing much that you and i can do except to be patient and to wait for the polka dot wheels to do their thing right and then you Know once we see a clear reversal, sharp pattern, then probably will take trades for pokedot, but right now, yeah pagoda is just looking very weak against btc we're, already down 56 percent and yeah.
We have a target here at 0.0022, we are 0.026, so we are we're very close to target right just a little bit more let's move on to dot against usd before that. Please give this video a like if you enjoyed it subscribe to the channel, and let me know what you think about polka dots in the comments below for poker night against usdt yeah, again uh. The support line is very clear over here. So potentially you could see. Polka dot uh return back towards the support line. If that were to happen, then, potentially polka dot could go even lower right, polka dot could potentially drop to sub three dollars very likely. We could be dropping back down to sub three dollars, which is good actually, which means that uh. This is like a a chance a once in a lifetime chance for you to buy polka dot when it is very, very, very low right now, we're still very high. Uh did we take out the highs here? Four point: nine. Five. Four point: nine: three: nine: four! No nine! Four five here we haven't taken out the high set, so i think potentially we'll take out the highs here and after that um there could be a big slam down. I don't know the thing is that because we still have a uh target, what's the downside and we are still biased bare, of course, if you keep going higher and higher and higher – and we go back close to the high over here, then yes, potentially things could Start turning bullish right, we could see a series of valleys one of the variety of a valleys here, and so until we see that happen, this is going to be a mountain range, not a series of fairies right.
It could turn to a series of valleys, but yeah we're, going to be patient and we're going to wait for the pocono wheels to do that thing and meanwhile we will be roasting. Our popcorn brazing, with caramel and we'll, be enjoying the polka dot show all right. I guess that's it for my polka dot technical analysis. Thank you very much for watching hope.