Polkadot facing resistanceThis one looks/feels just like Cardano.
We are looking at DOTUSDT (Polkadot) and we see that prices are trading above EMA10 and EMA21, which is always good... But resistance is being faced at EMA100.
This same level has rejected growth twice already this month and is the immediate challenge.
If DOTUSDT can manage to break and close above $8.06, we can expect much higher prices.
On the contrary, a rejection can lead to a test of the last low.
This is shaky spot...
This is the decision spot...
This is where you hear people talking about coin flip, 50/50...
We go GREEN and we use a tight stop-loss.
I think we are ready to go up.
Namaste.
DOTUSDT
DOT/USDT INVERTED 3D CHART.Hi, Random trader here. DOT/USDT is one the strongest coin. So here;s the chart of DOT/USDT inverted 3D timeframe. Dot is foarming a rising wedge in 3D inverted chart. Current price of Dot is 7$ (strong support). I am expection 15-20 $ in next 1-2 months. This swing trade is recommended for only spot traders. As always wait for the perfect entry and enjoy the ride.
DOT - PolkadotDOT looking prime for a drop to sub $4 short term, when this correction is over! After a little dead cat bounce and continuation to the down side. None of my 4 indicators showing any bullish confirmation on the Weekly Time Frame. Next Bull Run top $1.2K -$2K.
- Weekly MACD (Bearish)
- Weekly Pekipek's Divergence BETA (Bearish)
- Weekly RSI (Bearish)
- Weekly Stochastic RSI (Bearish)
POLKADOT the last chance and the range market 📖🚀Hello 🐋
Based on the chart, the price is close to the green trend line and major support or better to say the previous zone that started its amazing pump to the upside ✔️
if
the price breaks the red trend line to the upside, we will see more gain besides the range market is acceptable scenario too 📖💡🚀
and
if the price break the rang area to the upside, we will see more gain 🚀
otherwise
we can see more correction ❌🧨
Please, feel free to share your point of view, write it in the comments below, thanks 🐋
DOT - Long after bear trapReasons to take long:
⭐️ Currently BTC is bullish
⭐️ We trapped a lot of bears on 1h tf
⭐️ Volume increased at bottom
⭐️ Price is squeezing to the level 7.42
⭐️ 4th touch of the level
⭐️ 40 ATR
⭐️ Over VWAP
Will enter when price squeezes to the level on 5m timeframe, the base will form and the tape will get faster.
If you don't understand the previous sentence, just use swing stop-loss 3-5%
Fix profit by parts:
1% - 1/3
2% - 1/3, stoploss to breakeven
What's left, hold to the maximum
What do you think of this idea? What is your opinion? Share it in the comments📄🖌
If you like the idea, please give it a like. This is the best "Thank you!" for the author 😊
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
DOTUSDT🔥 4HLet's break down polcadot
The price on the chart on the hourly TF 4H shows us a "descending expanding wedge" pattern, at the moment the asset is moving towards the support zone, in case of breakdown, the price will most likely continue to move towards the lower border of the wedge.
Sample plan:
💡Entry point 7.55
🔝Take-profit 6.40
✖️Stop-loss 8.55
✅Don't forget to visit the channel there is a lot of useful information about trading.
✅Write your comments what you think about this coin.
DOT/USDT BUYING SETUP (SCALPING)Buying #DOT/USDT (SCALPING)
$DOT Breakout Ascending triangle and now has retesting . when correction showing low volume this is good for movement
BTC potential IHNS pattern and this the reason i brave to scalping setup
Buy zone : 7.6 - 7
Target : 7.88 - 8.2 - 8.49 - 8.79 - 9 - 9.5
Stop : 6.5
DOT broke out falling wedge#DOT/USDT
$DOT broke out from daily falling wedge, and now is in pullback to upper line of wedge to confirm it as support.
🐮 holding the broken line as support can increase price toward resistance zones shown in chart.
🐻 break down from descending line and back inside wedge will drop price to lower line around $4.
Polkadot "W" PatternRemember that time many years ago when we looked at the "W" pattern?
The candles form a 'W' after a drop to signal that a reversal is happening... Notice here how strong the volume is...
The MACD is moving to bullish also, Polkadot (DOTUSDT) can easily move higher.
Note:
The charts can always change.
You need a plan, knowledge and experience to trade.
There is always risks involved.
Here we read the charts but new information is coming in at all times.
Things can always change and invariably change, always.
Whatever we see now won't stay the same for long.
We map the different support and resistance levels and buy when see high probability that our move will really show up.
We see it going up...
The signals also say so.
We buy but still know that money can be lost.
If we win we accept and appreciate.
If we lose we learn from any actions or mistakes, take the loss and move on.
Namaste.
DOTUSDTHello Crypto Lovers,
Mars Signals team wishes you high profits.
This is a 4-hour-time frame analysis for DOTUSDT
Based on our previous analysis on June 7, we had a short position for our price and we predicted more fall for it. Now you see that this has happened and we have all our targets hit. In this chart, we have R2 as the long-term resistance line which represents the disability of the price to rise. S1 refers to our support line which shows the well support of the price at some points. And then we have R1 as another resistance line that expresses the unsuccessful triumphs of the price in order to move above it. Now the price is fluctuating on R1 and we believe it will have a rise to R2. Even this can be a failure in break and the price will face a falling trend. Therefore, the price will have a decline at this point and move toward S1.
Warning: This is just a suggestion and we do not guarantee profits. We advise you to analyze the chart before opening any positions.
Wish you luck
Polkadot Next Train- Well i tought Polkadot would surprise us in this dip and stop around 13$, but TheKing is still TheKing and decides for Altcoins over pressuring them.
- Finally Polkadot got a support by his Top of 2020 consolidation.
- So DOT dipped around 6.2$ but it could have dipped 5$ and still can. No matter. this is only a buy opportunity for the new train.
- We won't see again this kind of huge project back to this price again after the next moon shoot. this is the last time to charge a bag.
- When u are shivering, Whales are buying.
Happy Tr4Ding !