Polkadot forming a long-TF ascending triangle on Daily 2nd bottom & re-test of the ascending triangle seams to be confirmed by: - RSI bottomed and about to breakout (same levels as mid-july 2021 selloff) - Current overall market reaction - 23.6 Fib level acting once again as nice support - MA 100 & 200 seem to re-create a similar pattern as during mid-july...
On Dot has there been a symmetrical pattern formed which shows a 50/50 of the price breaking to the upside of the downside. This said does the price trend show that the price is more likely to break to the downside as the market trend is bearish . Entry price: In the apex at 10.00. Stop loss: At 10.50, which is inside the triangle so when the triangle breaks to...
Polkadot broke trough off the upper boundary of descending channel. Bullish movement to resistance level at 7.6 is expected to happen.
The total evaluation for the POLKADOT asset is completely bearish. Please be warned of your risks and make sure to manage it properly. I see the same confirmation candles as well in the daily for a potential reversal to the upside, take your profits always and remember to short at great levels of volume congestion for a bigger edge. A retest on the support we...
Trading strategy: Risk always 1% When we reached the first target, we move the stop loss to the entry price. Every time we reach a new target, we also move the stop loss and secure the profit ----------------------------------------------------------------------------------- Leave a comment... let us know how you see this opportunity. If you like our ideas,...
Polkadot broke trough the ascending trendline. Asset broke trough the support level. Bearish movement to support level at 7.7 is possible.
Falling Wedge leading to a strong pattern break out Below is an example of a similar Falling Wedge however on a different coin (NEO)
Trading Setup: There is a Trading Signal to Buy in DOTUSDT Polkadot . Traders can open their Buy Trades NOW Rank : ⭐️⭐️ ⬆️Buy now or Buy on 8.60 ⭕️SL @ 8.06 🔵TP1 @ 10.10 🔵TP2 @ 11.85 🔵TP3 @ 13.55 What are these signals based on? Classical Technical Analysis Price Action Candlesticks Fibonacci RSI, Moving Average , Ichimoku , Bollinger Bands If you liked...
Today we will analyze the local situation on the DOTUSDT price schedule. But to begin with, we recommend that you familiarize yourself with our global idea of DOTUSD on a 3-day timeframe. At the final price squeeze, sellers managed to spill the price below $6.36 to $6.02. However, buyers sharply bought the decline and closed the trading day at $6.46, after...
Polkadot broke trough the descending trendline. Asset broke trough the resistance level. Bullish movement to resistance level at 7.345 is expected to happen.
Today we will look at the global chart of the DOTUSDT trading pair on a 3-day time frame. The last global idea on DOTUSDT we published 8 months ago, then the downward trend began, which continues to this day. At that time, DOT buyers were very determined to continue the growth, because on 11.11.2021, the first parachains in the Polkadot ecosystem were to be...
Polkadot bounced off the resistance level. Asset bounced off the descending trendline. Bearish movement to support level at 6.5 is possible.
Polkadot bounced off the support area. Asset bounced off the ascending trendline. Bullish movement to resistance level at 8.78 is expected to happen.
- Well i tought Polkadot would surprise us in this dip and stop around 13$, 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...
Polkadot broke trough the resistance level. Asset broke trough the descending trendline. Bullish movement to resistance level at 8.85 is possible.
Symmetrical triangle on Polkadot chart is broken down. Bearish movement to support level at 7.2 expected to happen.