DOT reversed from $5.88 into a bear channel on November 11th and had three pushes down that ended 10 days later. This point of impact included contact with the 200EMA which resulted in a large bull bar closing near its high. So is the bear channel over and this bull flag play out?
How do we trade this?
The current price area is crucial to whether or not we long...
DOT broke out of its descending wedge pattern last week with a bull bar closing near its high, a strong breakout bar. Since then, the price has pulled back to the 30EMA, but will it hold?
Bitcoin is currently pulling back from its Weekly bull channel resistance as depicted in my Bitcoin 4HR and Weekly analysis. DOT will likely follow its lead with the broader...
Chart Overview
* 3 Day Dot/Btc Daily
* Gann Box
* Fibbonaci Circles (0.618 to 0.786)
* Red Shaded Rectangle (Potential Resistance formed by VPVR)
* Green Shaded Rectangle (Potential Support formed by VPVR)
* Diagonal Cross/45 degree line (Blue)
* Vertical Cross (Green)
Analysis
DOT is sitting within the Fibbonaci Circle and the two price/time Gann lines, the...
Greeting from IRAN to whole trading community 💙
DOT is moving through an ascending channel since 23th May
Price is on the bottom of the channel and its time for buyers to make some money 😎✔
Good luck and as always ...
KEEP IT SIMPLE :)
Greeting from IRAN to whole trading community 💙✔
If you followed me i recommend polkadot in 30$ and now its about to breakout 40$ major level
POLKADOT is moving through a new uptrend (Red Dotted Line)
There are some great Fundamental news on way
DOT is going to launch Web 3.0
Keep some DOT in your spot account and enjoy some sweet profit ✌👊
KEEP IT SIMPLE :)
Greeting from IRAN to whole trading community 💙💙
Without any hesitation I go to the main point , DOT make a reversal from its major support level
As you can see on chart , DOT has made about 8 price reversal from this level
There is no Major Resistance level on the way so we expect from DOT to reach to the 40$ again
KEEP IT SIMPLE :)
Polkadot is moving through an ascending channel
After hitting its ATH twice in early april , we saw a double top pattern and price dropped down under 40$
But after that it seems everything is ready for DOT to get its ATH back and make a new one probably
The price has consolidated above the key level. It created a local downtrend line. If price breaks this key level, it will be a great opportunity to go up. I'll say it again, I think, the coin has powerful potential.
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