short trem dot i think she made the pattern of the flag and it is inappropriate to enter after leaving in any direction
DOTUSD
Polkadot: Taking a HeaderSplash! Polkadot has taken a header into our blue trading area, a shape we generally use to mark long-term entry opportunities in our chart analyses. As soon as the altcoin has finished wave ii in magenta there, we expect it to move upwards. Once it has climbed above the resistance at $22.50, Polkadot should have enough drive to make it above the next mark at $50.55 as well.
DOTUSD ❕ lower boundary of channelAfter the formation of the pattern head and shoulders, Polkadot rebounded.
During the rise, the DOT broke up the downtrend line.
Price is rising on rising volumes.
At 30m Timeframe above 200MA, at 1H Timeframe above 100MA.
50MA breaks through 100MA on 30m Timeframe.
Price is at the lower boundary of the descending channel, and stochastic RSI is overbought on 30m Timeframe.
I expect price may go down to retest the support level, but once it fixes above it, it will rise to the resistance level.
polkadot will go 12$so guys. look at this king of web3 currency...
pullback completed and it will go 10.5$-12.5$
R/R 1.4 not so good for my trading setup
so i don't use this position.
but i like to see what happen in 10-12 dollar that for buy this or not.
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What problems is DOT solving that cant be solved with BTCWhat problems is Polkadot solving that can`t be solved on the Bitcoin blockchain and network? Even the most serious altcoins are overvalued and will never see any application for solving real-life problems in production. A close below $26 could create an ugly scenario for people invested in this token. Called the $25 support when the rising wedge broke out on 12-nov, but it looks like this is a short stop to the next support level.
$DOT - Back to supportDOT has reached initial long-term support.
Expecting buyers to re-enter and DOT to range around the $7 mark
B, HF
Long time since we were here!
DOTUSD ❕ downward wedgePolkadot came out of the descending channel.
Volatility and trading volumes have decreased, and the current price movement looks like the formation of a downward wedge.
Buyback of the price under the support level happened on the candlesticks with long shadows.
I expect that the price can reach the resistance level if it fixes above the support level. It is important to watch the price reaction to the trend line.
DOTUSD analysis Euphoria High and depressions low Full breakdown how i find my euphoria and Depressions
DOT - Going lower?⭐️ BTC bearish
⭐️ Level is seen on all timeframes
⭐️ Level is at round number
⭐️ 5th touch
⭐️ Level is 71 days old
⭐️ 40 ATR
⭐️ Under VWAP
Will enter when price squeezes to the level on lower timeframes, the base will form and the strip will get faster.
Fix profit by parts:
1% - 1/3
2% - 1/3, stoploss to breakeven
What's left, hold to the maximum
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P.S. Always do your own analysis before a trade. Put a stop loss. Fix profit in parts. Withdraw profits in fiat and reward yourself and your loved ones
DOTUSD ❕ local correctionPolkadot continues to move in a downward channel.
Volatility has declined.
The declines were actively bought out.
I expect fixing above the support level, and after that the beginning of the correction.
DOT daily looks to have hit bottom and has turned bullish?DOT daily is in such a great position for upside.
DeMark 9 reads it has hit bottom. support levels
are listed and starting price targets are listed.
Watch for the retracment to the Golden Pocket
range for the first consoldidation zone. Fear meter
is in our faces...what does that tell you?
Great trading week ahead.
DOT daily chart is ready to Rock N ROLLDOT daily chart is looking very bullish...everything that it needs
to break thru is all in the red circle.The white decending treadline,
we have the 50/100 ema,
bull market support band, the Hull suite indicator.
RSI is looking great and macd is as well. we have
Bullish Divergence on all cylinders, time to Rock nRoll
DOT.BULLISHDOTUSDT will give a good RR is OB tested & valid
Trade safe.
NB: Patience + Risk management = Winning trades
#E2kclicks #Dot
DOT testing support trend line-If Bitcoin continues to slump, DOT will be in confirmed bear market territory breaking down the diagonal trend line.
-The chandelier exit still has not printed a SELL signal on the weekly, however, it appears to be heading that way.
- Be very cautious with your entries here as we may see capitulation down to the $10 - $12 levels and possibly further downside, depending on where btc finds support.
-Not financial advice. (:
DOTUSD ❕ trend line compressionPolkadot is trading in the liquidity zone.
50MA and 100MA on the 4H Timeframe form a golden cross.
Price is testing the resistance level and holding the downtrend line.
I expect an upside within range after a trendline breakout.
DOT : SCALPINGThis is my trading diary, if u follow it please set SL at ur acceptable risk
(For scalping method only not for investors/coin holders)
DOT - Targets of this buyingBYBIT:DOTUSDT
4H trend chart
-
DOT is breaking out the downtrend line currently.
So here is a good entry for long, and trading strategy as below.
-
Profit Targets:
a) 19.665-----Fib(1
b) 20.365~20.650-----Fib(1.272~1.382)
c) 22.245-----Fib(2)
Stop losses:
a) 17.860-----Red horizontal ray
-
If you like this analysis, smash the "like button" and leave a comment below to share your thoughts
or let me know what crypto you want to see!
Trading is a reflection of yourself. Learn more daily and be ready for every opportunity.
Have a nice trading!
Polkadot slow mode- in my older analyze i predicted Polkadot bottom around 15.5$ :
Here older post :
- the problem with common alts is they are naturally following TheKing moves.
- if TheKing stays weak then altcoins will just standby and wait for his next move, then some will move harder if BTC pump and weaker if BTC dump.
- Polkadot is an heavy project with so much parachains, in the future i see DOT number 3 on CMC next to BTC and ETH.
- Many concurents as Solana or Luna made bigger moves than DOT, because they are going very fast, deploying multiples projects at the same time causing multiples bugs on their chains.
- Polkadot is safer, they are building slowly but surely
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Trading Part
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- if u check Weekly MACD in graph u will notice that it made a flat move
- Normally we had to turn bullish 3 weeks ago but we stayed weak, could consider that as fight between bulls and bears or a consolidation.
- in the worst case a good buying zone is around 13$, i don't see any lower bottom for DOT.
- if we are in a consolidation then a buy is possible right now but it's pure gamble, i recommend to wait.
- TP are accorded to Fibo and simple :
--- TP1 : 30$
--- TP2 : 40$
--- TP3 : 80$
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Stay Safe and Happy Tr4Ding !
DOTUSD ❕ trend lineAfter the previous Polkadot idea, the price successfully reached the target, made a false liquidity zone breakout and corrected back, forming an uptrend line. On the correction, volumes decreased and volatility increased. I expect a fixing above the liquidity level and reaching the target indicated on the chart.
DOT/USDT Now in Buying Zone ( Polkadot is 400% Potential )#DOT/USDT TA Update:-
$DOT currently trading at $19
Already did 50% profit.
Now..?
I am again Buying some here.
Entry :- $17-$19
- Bounced from TrendLine Support
- Bullish Engulfing
- Parallel channel Breakout
I am expecting $65 Target for Mid term.
#PolkaDot is Strong potential in Long term.
Stop Loss:- $18
Long term Holder Stop Loss:- $14
Targets:- $30/$40/$65
