DOTUSDTPERP
Polkadot The Beginning After The Endif you think this little Shakeout will disturb Polkadot future, you are wrong.
Time is everything and Fibo never lie.
i want give to new comers in Cryptos an optimistic view, this Shakeout was hard for new peoples, but just normal for crypto veterans, we are just at the Beginning of this bullrun..
90% of altcoins not even broken their 2017 ATH..we still have time and toons of opportunities.
i won't speak about Polkadot FA ( Fundamental Analysis ) but i can tell you that DOT can only go up because of his Parachains Slot System.
Here a very preservative forecast :
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Trading Parts ( Long Term ) :
- TP1 : 70$
- TP2 : 100$
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Happy Tr4Ding !
$DOT - likely to find $60 soonNo double fake-out thesis playing again well
Mega day yesterday which wasn't completely expected
Eth money will likely rotate here also so that will help fuel it higher
I can't see there being too many dips in this unless BTC dies of death as it looks v solid
Just backtested 4H support and pushing through 4H resistance
DOT (Polkadot) Symmetrical Triangle: 14/5/2021Kopite Analysis Daily: 14th May 2021 — DOT/USDT
We’re back for another analysis today again, and we’ll be looking at Polkadot this time.
After hitting an all time high (black line on chart) of 48.2, Polkadot dumped back to 30-40 levels, and has since stayed there. In recent weeks, it formed a nice symmetrical triangle, with a breakout incoming very soon.
If Polkadot breaks up, we should likely be seeing a test of the existing ATH, and could quite possibly crack through into 50+ levels before halting.
Should Polkadot fall and crash out of the triangle, it should test the support levels at around 27.5 - 30.
And that’s it for this post of the Kopite Analysis. 2 posts coming tomorrow for a weekend prediction on two different coins!
Stay tuned, and leave a like if you agree with my charts. Thanks!
(NFA, This Post Is Not Intended To Be Financial Advice. Use Charts At Your Own Risk.)
Great buy opportunity in DOT🚀DOT currently hold strong Support area around 40usd. And I'm expecting some good gainz if we see a breakout here.
- Wait for the Candle closure above the reen Resistance box.
- Put your Stop Loss below the breakout candle or green support area.
- Take Profit: 45.5 usd or Trail it with a Trailing SL.
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Polkadot DOTUSD Possible Bullish ScenarioThings to Note:
1. Price moving in Megaphone Pattern for the last 2.5 months
2. The target level of this pattern on the upside is $35.
3. Nearest support zone lies at $28-30
4. On the downside, if 28-30 doesn't hold, we can see $20.
5. Since we are in the Bull market, it is more likely to BO to the upside.
P.S: This is NOT investment advice. This chart is meant for learning purposes only and is a part of my personal journal. Invest your capital at your own risk.
PolkaDOT (New All Time High Incoming!) $70-$80+ TargetDot has been in consolidation for quite some time, and it is one of the superior cryptocurrencies that has an actual use case as far as fundamentals are concerned. And it has barely moved the needle over the last few weeks. It definitely has all the signs of a wyckoff accumulation phase though, and it seems like we could have some very impulsive moves as it just smashed through the previous ATH and is now again in price discovery. If you aren't in, you may want to begin building a small position (low or no leverage) with bigger buys if we head to the trendline once more. IMO, there are many shitcoins that have mooned that are worth exactly $0 (doge for example). I could be wrong though. I have stops below trendlines just in case -- never bank big on a moonshot and treat your account like its a large amount even if its not. During this insane bullrun Dot could easily reach $100+ in the coming weeks.
DOT, Polkadot - superpotential👑A coin with very good potential. More than 40 days DOT accumulates volume. I see the entry point only after the retest. I don't exclude the continuation of the movement in the range.
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P.S. I personally will open entry if the price will show it according to my strategy.
Always make your analysis before a trade
Polkadot +50% in next days in that case ...$DOT currently trading at $37.50
Still waiting for breakout upward.
If breakout confirmed for 4hr candle closes above $40 then Ready for $60 easily (+50%)
✅ Buy: 36 - 38 ✅
🎯TARGETS:
1- $50 (25.03%)
2- $60 (50.02%)
3- $80 (100.0%)
💵 Trade Size: 5-7% of Portfolio
🚫Invalidation(SL): daily candle close below $26.50
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