DOT price showcases an impressive 21% jump, signifying a strong bullish momentum.
Weekly Chart Breakout: A channel breakout rally in the weekly chart is fueling DOT's uptrend.
Potential for Higher Targets: If the current momentum is sustained, DOT could potentially exceed the $10 mark.
Reversal from Downtrend: The reversal rally marks the end of a prolonged...
Great pump this morning.
Took some profits rebutting back in now.
I'm still seeing a pump coming. Possibly above $14 before the end of the year or by late January.
NOT FINANCIAL ADVICE
According to the existing volume imbalance gapes (VI) on the prices of horizontal lines dot price must fill this gapes with price and tick this targets:
Tp1: 10$
Tp2: 22$
Tp3: 40 $
In our last analysis, we identified that we were in a 535 zigzag pattern. We had a bullish setup on the completion of wave B (subwave C). We moved up perfectly and gained over 100% raw gain from that trade!
We are now at a critical zone. We are looking for a rejection here and then a move down to complete the major ABC zigzag pattern.
Trade Idea:
- Watch for...
Polkadot is currently within a correction (Wave B). Wave B is made up of 3 subwaves and we are currently in subwave B and expecting subwave C.
We currently do not have a bottom in place so the best we can do is look for lower timeframe trendline break and reversal patterns.
See our next post for lower timeframe analysis.
Goodluck and as always, trade safe!
In and out within seconds.
MY DAY IS PAID FOR!!!
This is dangerous to play with 50% of the account.
NEVER BUY THE BOTTOM & NEVER SELL THE TOP!
Let us get this money!!!
15 second time frame trading and also I have this STAKED.
SOO it is in my interest to pump my own coins while the numbers bring attraction to my coins.
Keep the pump alive!!!
pOlKaDoT!!
DOTUSD in sideways zone. I'm going to take the benefit of this zone and place a sell limit order for a short position. What do you think? Tell me in the comments below. Thanks
My Positions
Sell Limit : 5.70
Stop Loss : 5.90
TP1 : 5.50
TP2 : 5.30
One cryptocurrency that is lagging behind in my opinion is Polkadot.
Our last limit order for DOT didn't get filled. After close scrutiny, it appears to be a completed Wave (a), with the formation of Wave (b) underway or just completed. There might be a brief upward move, but I don't anticipate it surpassing the level of Wave 1. A Flat pattern, whether Regular or...
DOT price showcases a channel breakout rally, hinting at a potential reversal.
Golden crossover of the 50D and 200D EMA signifies increasing bullish sentiment.
Bullish continuation may propel DOT price towards $8 if the uptrend maintains momentum.
Recent climb marks a strong comeback for Polkadot, surpassing key levels.
Recent recovery after a 52W low at $3.56...
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...
