Polkadot
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 $8.06, we can expect much higher prices.
On the contrary, a rejection can lead to a test of the last low.
This is shaky spot...
This is the decision spot...
This is where you hear people talking about coin flip, 50/50...
We go GREEN and we use a tight stop-loss.
I think we are ready to go up.
Namaste.
Polkadot shortPolkadot bounced off the resistance level. Asset bounced off the descending trendline. Bearish movement to support level at 6.5 is possible.
DOTUSDT 1H timeframe Shot possibilityShort DotUSDT, 1H time frame scalping. PLEASE Always track BTC price action before entering the position.
P.S in the chart text i wrote the Long position by mistake, it should be the SHORT position.
Thank you.
DOT/USDT INVERTED 3D CHART.Hi, Random trader here. DOT/USDT is one the strongest coin. So here;s the chart of DOT/USDT inverted 3D timeframe. Dot is foarming a rising wedge in 3D inverted chart. Current price of Dot is 7$ (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 - is starting to outperform bitcoin !!As many altcoins, DOT has started to clearly outperform Bitcoin !!
Will be interesting to see how this further develops ....
polkadot amazing opportunity to buy and hodl i love this chart . this is amazing and great moment for those who want invest in crypto market . i highly recommend to buy and hodl . i think you would be thankful of yourself one year later because of taking such a risk
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 🐋
polkadot down trendewe could see dot in down trende and it could fall to the next resistance or it could brake this resistance and go to the top it was
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
Polkadot longPolkadot bounced off the support area. Asset bounced off the ascending trendline. Bullish movement to resistance level at 8.78 is expected to happen.
POLKADOTDOT/USDT here is the another coin we waiting to make pullback on Fixed Range Volume Profile (FRVP) if dont support this zone we will go in the SUPPORT 1 waiting for breakout to take LONG position if and this zone dont make Breakout Next is Support 2
PolkadotReady to scoop up?
Not me to be honest.
Most of its projects are DeFi- and that’s basically the second to last bubble in crypto
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 $4.
Polkadot "W" PatternRemember that time many years ago when we looked at the "W" pattern?
The candles form a 'W' after a drop to signal that a reversal is happening... Notice here how strong the volume is...
The MACD is moving to bullish also, Polkadot (DOTUSDT) can easily move higher.
Note:
The charts can always change.
You need a plan, knowledge and experience to trade.
There is always risks involved.
Here we read the charts but new information is coming in at all times.
Things can always change and invariably change, always.
Whatever we see now won't stay the same for long.
We map the different support and resistance levels and buy when see high probability that our move will really show up.
We see it going up...
The signals also say so.
We buy but still know that money can be lost.
If we win we accept and appreciate.
If we lose we learn from any actions or mistakes, take the loss and move on.
Namaste.
RISKY POSITION POLKADOT !!!On this risky situation, we opened a position on polkadot with low asset. Market is really uncertain we'll have some crucial news tonight.
Polkadot Next Train- Well i tought Polkadot would surprise us in this dip and stop around 13$, 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 !
Polkadot longPolkadot broke trough the resistance level. Asset broke trough the descending trendline. Bullish movement to resistance level at 8.85 is possible.
DOT Price PredictionDue to the markets condition i expect DOT Polkadot to touch the $0.61 support.
Looking forward to read your opinion about it.
ETHETHBTC Chart is building a C wave more likely. If it's the case, Ethereum will tag that previous wave C low, otherwise, the drop will b limited to around 10%, and the scenario of wave C won't remain valid.
this move will affect Chainlink and Polkadot hardly.
DOT/USDT: On Buying area, Direct rise expected---- Mid-term Analysis for the next coming 4 weeks to 3 months - Daily on Daily Chart (LOG)-------
DOT/USDT: On Buying area, Direct rise expected
Context
- The Global Crypto market leads by BTC and ETH is still evolving within a bearish market configuration. Like the others digital assets DOT suffered about negative global market situation.
- However we are focus on a key buying area now on this coin and we expect a fast and quick recovery regarding technical elements
Market configuration
- Graphical Elements :
Graphical Resistance = 14 & 31
Graphical Support = 5,50 & 2,00
- Mathematical Indicators:
EMA ( Exp Moving averages) are still capping the market = Bearish
RSI indicator (below) is bouncing off key support = Bullish
- Elliot & Harmonic Wave (Fibonacci):
Fibonacci Target C (B) has been already reached = 9,50
Fibonacci resistance of the wave in progress = 14,00
Fibonacci support of the wave (c) (B) (max extension) = 5,50
Fibonacci Bullish Target = 19,00 (auto-similar move)
Conclusion
Preferred case => Regarding the mid-term element, DOT is offering the perfect entry area for a mid-term portfolio configuration in order to anticipate a bullish exit towards 14,00 and 19,00 as long as 5,50 remains support - In extension a larger rise towards the previous top at 31,00 can't be ignored
