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DOTUSD

DOT - two scenarios 🤔😱DOT as well as ETH and other altcoins are locally wedged in a triangle. If the price breaks through the upper boundary of the triangle, that would be a good buying opportunity. It is safer to buy after breaking through and retesting the triangle as support. If the price breaks the lower boundary, DOT is likely to go lower. Write in the comments all your questions and instruments analysis of which you want to see. Friends, push the like button, write a comment, and share with your mates - that would be the best THANK YOU. P.S. I personally will open entry if the price will show it according to my strategy. Always make your analysis before a trade.
by Yuriy_Bishko
7
PolkaDot DOTUSDT - HUGE Parallel Channel on the Daily chart!- Polkadot is strong on the daily timeframe , as we can see. - The price broke out of the bullish falling wedge and now is unstoppable! - On the daily time scale, we can spot a huge blue parallel channel , which acts like a support and resistance . - Target top of the chanel or 1:1 fib extension on the daily chart . - For expected duration of the trade, probability, stop loss, profit target, entry price and risk to reward ratio ( RRR ) - please check my signature below ↓ - Due to my Elliott wave count, the correction is totally over and we can expect a higher prices! - If you want to see more of these ideas, hit "Like" & "Follow"!
KRAKEN:DOTUSDLong
by UnknownUnicorn2537518
7
DOT/USDT - Potential 138% investment setupHello Traders! During August-September, the ecosystem trend is actively unfolding in the market. DOT (Polkadot) is one of the leading networks with a large number of projects and developers. Buying such an asset as an investment is the least risky. It is reasonable to take advantage of the correction and buy the asset at a discount. The first part of the position can be bought in the $22.00 - $25.00 range. The second part is in the range of $16.50-$19.00. Stop loss at $14.00 Target price levels would be $34,40 $40,00 $45,50 Good luck and watch out for the market P.S. This is an educational analysis that shall not be considered financial advice
Long
by UnknownUnicorn10064030
DOTUSDT Head and Shoulders is forming!/Bearish ProspectiveBYBIT:DOTUSDT 4H trend chart - From 9/22, Price rallied back to 33.495 which level is the invert Fibonacci retracement(0.382) after touching 25.505 Then pullback is ongoing and form a Head and Shoulders pattern. Currently, observe price will fall down 25.505, which is Neckline of H&S. If there is a candlestick get down through the neckline, H&S pattern is confirmed. - Short Profit Targets: a) 21.910-20.4551-----Fib(1.272~1.382) Stop losses: a) 25.505-----Neckline - However, should note the Key Zone is not only the Fib(1.272-1.382) level, but also Vegas tunnel_144/169ema. So it would easily show a support in the key zone. Bullish traders can observe if price rallied back to 144/169ema, despite price had touched 20.455. Next, it would transform into consolidation, then expect bullish continuation goes on.
Short
by EthanTW