DOTUSD Analysis Using Cloud IndicatorUsing the cloud indicator we can see that prior point of being in the orange area price went lift off!
Assuming we are in a bullish state, (as price was then), the orange area is a good candidate point for price to continue upwards
This theory is also supported by the 200 day MA, which price is currently hanging onto right now.
Entry into DOTUSD now is a great decision if you are a believer in the project
Polkadotusd
DOT - in these cases may be a good opportunity to buy!!!In a previous idea, we recommended buying DOT after a breakdown of the trend line. But the breakdown did not happen, the price corrected even more. In doing so, the price corrected 55% from its local high and there were huge liquidations.
It's worth noting that there was a huge volume at the bottom on each fall. This is a good signal.
In case of a false breakout of the 22$ level or a breakout of the trendline, there could be a good buying opportunity
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.
Polkadot: Shake It! 🤑🤑🤑Now, Polkadot has successfully left its past low behind and is set for a moderate rise in the area between $43.80 - $52.76. However, the price should then start another correction and move to the bottom end of the green zone. Finishing this movement, there is plenty of room on the upside, where the price should push through the resistance at $55.3767.
Let's Go!
Polkadot in the triangleQuick Update.
it's really important to understand this moves and to see where are the zones of potential breakout.
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- The next TP for DOT should be around 35$ (61.8 Fibo + Older Demand Zone) before attempting to come back to ATH.
- in a bad case if DOT not break this triangle the rebuy Zones are composed in 3 parts :
- 21.5$ ( Supported by 3X EMAs Golden Cross )
- 18.5$ ( Supported by EMA300 )
- 10$ ( Bottom again )
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- i won't tell you where to buy but some Zones are not worthy to give a try ( When too close from the Triangle Exit).
- Wait for a strong breakout or wait for a dip.
- Manage your invest and buy wisely, don't go all in on the first buy.
- Follow TheKing and his Dominance because only this influence strongly Polkadot trend.
Happy Tr4Ding
DOT REVERSAL FROM A STRONG SUPPORT ZONEDOT has to flip $41.67 and go to $44, $46 and $48 (shorterm). DOT after a massive sell-off found the support at a strong uptrend trendline.
We have a bullish harmonics on daily timeframe with the strong trendline support.
As long as we hold this low we're moving up!
For longterm I see no reason for Polkadot to not hit $100 - $170 mark!
Let the final mega cycle begin and the real show will get started Handshake
Accumulate the dips while you can and when you can!
If you liked the idea, give it a thumbsup!
Polkadot Schemei never been a moon boy but i like to predict hope.
Everything is always depending on theKing but if we get a new bullish impulse before next year, DOT could follow his master this way.
Remember to manage your invests, Don't go all in, follow BTC movements, keep money to rebuy in case of fail.
The Key is yourself.
This chart is still conservative in the numbers to reach.
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Trading Parts
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TP1 = 75$ ish
TP2 = 100$ ish
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Happy Trading
POLKADOT(DOT) 1H NEAR FUTURE PREDICTIONTechnical Analysis Summary (POLKADOT)
DOT/USDT
TREND ANALYSIS
We have 3 downtrend which is currently active in red
The wider the stronger the downtrend
FUTURE PREDICTIONS
We have many resistanse and support levels that I have mentioned above.
I use thickness as an indicator of stregth of levels (ONLY FOR VISUALS).
Yellow support level are levels from the past (more for explanation purposes rather than entry points)
Good luck everyone, stay safe!
If you need help don't hesitate to send me a message or comment
Trading Involves High Risk
Not Financial Advice
Exercise Proper Risk Management
MY MINIMALIST CHART ANALYSIS FOR POLKADOT$DOT
11.16.21
2353H +8 PACIFIC
ALERT: ENTRY POINTS
The Market has amazingly moved along the TOPS and BOTTOMS of our BOXES, signifying TURNING POINTS of PRICE ACTION.
JUST DYOR ENTRIES. Watch for Price action/ RSI and STOCH, VOLUME, and FIBS. Set your tight stop loss as any geopolitical, natural/man-made calamities will change the course for our TARGET AREAS OF VALUES.
REMINDER:
INDICATED ARE ENTRIES, PARTIAL EXITS/TOP-UPS, EXITS, and MAXIMIZED AREAS OF VALUE
"FOLLOW THE WHITE RABBIT!"
Just Follow the TOPS and BOTTOMS of the BOXES as a GUIDE where the MARKET will take you.
HOW TO USE THIS MINIMALIST CHART
Created on a MONTHLY, WEEKLY & DAILY Analysis (The Dynamics of the Market.)
It is designed for SWING TRADES at the BOTTOM. I do not SHORT, though, you can still use it.
You can CLICK AND hold THE CHART and PAN or DRAG IT.
TARGET ZONE IDENTIFICATION
The LARGE BOXES (Tops and Bottoms) are MAJOR pivot points that will occur sometime in the future. While the SMALL BOXES (Tops and Bottoms) are MINOR pivot points.
These can be entries to a BUY/ SELL POSITION, EXIT/PARTIAL EXIT/TOP-UP AREAS,
and, if you wish to hold longer for a MAXIMUM TARGET EXIT AREA OF VALUE - CONSERVATIVE (If price action conditions are right at that given moment.)
At times I include WAY BEYOND PARABOLIC Price TARGETS depending on The Character of the Market (CRYPTOS ONLY).
Watch out for your Volume, Chart Patterns, Candlestick Math, FIB COILS ( ABC ), Price Action, FIB LEVELS, Market Dynamics, especially institutional and retailer trading psychology.
Wishing you all The Best Trades and Thank you all for your Appreciation and Support of My Work.
Much thanks to My 3 Mentors. They are so much of a Blessing that I also wish to Share.
Vive Le Autist!
Vive Le Egalitarianism!
PolkadotPolkadot is beginning to weaken, not only in itself, but particularly in comparison to that of Bitcoin.
As we've discussed at length here on TW, Bitcoin continues to show some bullish sentiment due to its recent technical breakout in MARA/BTC. As long as this pertains, we'll stick with the majority of our position in Marathon Digital Holdings.
60 percent of my portfolio is currently in Marathon. The remaining 40 percent is spread out in alts. With that said, I might consider reallocating a good chunk of those alts into Marathon as a few of them show emerging weakness, both individually, but even more so when directly compared to Bitcoin.
On the Poladot versus Bitcoin chart, the price was once again rejected by the horizontal resistance zone - and this after a minor fakeout. On top of that, the price has recently dropped below the diagonal support as well and is presently trading in a weak spot.
And to add fire to the flames, we also have a 3-point RSI divergence on the daily chart.
If this bearish internal trend were to continue, it naturally doesn't mean the price of Polkadot may go down. All it means is that Polkadot will then be expected to under perform versus that of Bitcoin.
Let's then dig a bit deeper to find more clues of the overall market health condition.
If we proceed to look at Polkadot itself (as in compared to the USD), we can firstly detect that it's trading right at the horizontal support zone. On top of that, the RSI looks strong too and for two reasons.
Firstly, it has retraced quite much - by almost 20 points to be precise - from a mere and seeming price correction.
Secondly, it is still trading within a strong bullish red RSI channel.
So far it shows every sign of health. This in combination with the strong horizontal support zone and the thus far strong bull trend gives me no reason whatsoever to be bearish on Polkadot. Quite the opposite!
This means that if we put the just-turned-bearish DOT/BTC next to the nicely and bullish-looking DOT/USD we can technically conclude that Polkadot's trend is up, but that it is yet statistically bound to under perform versus that of Bitcoin. This in turn leaves us with the conclusion that Bitcoin is even more bullish.
To further add weight to our technical case - as in to further increase the probability of being correct - we will soon proceed to compare more individual alts and their respective strength-relationship to that of Bitcoin.
But for now, it's Bitcoin season 1 - altcoin season 0, yet with both looking technically bullish regardless.