I see this flat, tight range of trading will lead an explosive move Think of it like the bull move is gaining momentum every second price is accumulating within this tight range (rectangle) This could be a pretty big move
8h, LONG TERM - Polkadot has formed a monthly demand zone, following the behaviour of Altcoins with a good future projection regardless of Bitcoin. If BTC market dominance continues to fall and Altcoins continue on their way, cryptocurrencies with inter-network transfer technology and multilayer could continue their bullish rally, since they would be necessary...
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 :)
Dot 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...
Hello people! DOT/ BTC CHART I see even if it is not 100% perfect a Cup and Handle Pattern with a potential. We could also form a W pattern in the handle in the 4 hour chart to continue to rise and test resistance again.Do not know if a couple of DOT lovers are there but I am us see a lot of potential in DOT compared to ETH eg. DOT has already made a massive...
Hello, Traders! DOT completes a phase of local consolidation before entering a new price range Entry can be sought in the range of $43.25 - $45.25 Stop-loss can be placed under the price level of $41.35 Trend targets $49,57 $52,73 $54,68 Good luck and watch out for the market P.S. This is an educational analysis that shall not be considered as the...
DOTUSDT has created Double Bottoms and completed a strong bullish breakout. After the breakout, we have seen throwback from 37.71 the broken zone and now waiting for trading volume to open a buy trade near 45.00 to 47. NOTE: Only buy when you see volume in the Circle. Otherwise, the setup will be invalidated. Buying Zones BZ1 45 BZ2 47 Stop Loss 37.15 Short...
Polkadot is moving through an ascending channel After hitting its ATH twice in early april , we saw a double top pattern and price dropped down under 40$ But after that it seems everything is ready for DOT to get its ATH back and make a new one probably
Target 1 : 55.7 (38% gain) Target 2 : 68.4 (70% gain) SL : 38.76 Please like the idea for Support & Subscribe for More ideas like this and share your ideas and charts in Comments Section..!! Thanks for Your Love & Support..!!
Polkadot spikes to new all-time high after crossing above the stubborn resistance at $40. The upswing hit a barrier at $47, cutting short the journey to $50. DOT is likely to consolidate before the next significant move toward new all-time highs. Polkadot finally made it above the crucial $40 level. The move triggered massive buy orders as investors...
Analysis : - Above the kumo, Tenkan, Kijun - RSI strong bullish - Break resistances - Target (fib retracement) : 52$ - Risk / Reward Ratio 2.3
Update from 10/03/21: Polkadot Buy Signal from Script triggered at Buy Zone 2 (50% Gain from the 38.20% Fibs), 13 EMA crossed up above the 50 SMA on the 29th March. As stated from previous analysis below, the move back towards the ATH and beyond to the 127.20% Fibonacci was not expected to be a straight forward push back to the ATH of $42 which we reached on the...
Technical analysis regarding the price of POLKADOT in relation of dollar Tether for the next scenarios, based on daily movement. The DOT/USDT price in the DIARY is moving upwards, strongly respecting these channels (parallel yellow and macro/main blue), and what keeps going on is this VERY HANDSOME AND STRONG resistance just above the price, at $ 38~40. However,...
Polkadot hits a snag under $35, abandoning the upswing to highs past $40. DOT seeks support at the 50 SMA on the 4-hour chart while trying to avert declines under $30. Polkadot had staged an impressive recovery on Monday, extending the bullish leg from the recently formed support at $27. The token hit highs above $30 and pushed for gains beyond $35. However,...
DOTUSDT consolidating near entry. A strong close above $37.3 will start the pump. DISCLAIMER: I am NOT a financial advisor and this post is NOT financial/investment/trading advice. I am simply sharing what I am doing, and I will not be responsible for any actions you take based on the analysis and comments that I provide. The cryptocurrency market is extremely...
Polkadot is trading at the apex of a symmetrical triangle pattern ahead of the anticipated liftoff to 50. The resistance at $40 remains the biggest hindrance to the bullish outlook. Polkadot is among the few cryptoassets set to begin the week in the green. Bitcoin surprised many by making a real break above $60,000 over the weekend. DOT is most likely...
Long Trade Setup #1: Retest and Continuation (200MAs) 1. Price Action: Price needs to move back down to the 200MAs, currently projected to be @ $35.5-36.5 by the time price reaches it, and bounce back up. 2. Trade Entry Confirmations: Bullish candlestick pattern, above average volume, MACD bottoming DISCLAIMER: I am NOT a financial advisor and this post is NOT...
Trading within a symmetric triangle. Go long on the break out and retest aiming 55 in the long run. This idea is long term investment and not for intraday trading.