ParSar reversal at the pivot Bullish Fisher Transform cross from oversold MACD bars color shift and growing shorter towards zero line. SMS rising. 1st Target 6.68 Stop loss 5.58
Polkadot is sitting currently on uptrend, bounced of strong support level, and shown a very good lookin 4h candle close! I expect this coin DOT to have a strong rally to $6.8 which is exactly 13.33% from current price of $6. The Second take profit is below $7.5 and that's a 25% profit. And one question to my followers, do you prefer shorter and more analysis or...
Ascending triangle.
*** this is a continuation of the previous post, link below *** This also applies to the BTC pairing. Cheers, S.Sari
Polkadot Analysis - 1 September
DOT a hot DEFI coin is trying to break out with some volume . The RSI and Stock RSI looks good and allows for it to continue higher.. The cloud is also indicating some support below the price action although its thin Comment: waiting for the confirmed break out such as a retest or a 1 hour candle close is recommended
Dot is making a bullish triangle on the 4 hour. It's consolidating before moving higher. Lower part of the triangle is for buying or wait for the breakout.
Polkadot (DOT) is the so-called 'Ethereum Killer' invented by Ethereum's brilliant former CTO. Since listing on Binance, the price has soared. It is now consolidating in a tight symmetrical triangle. This situation has a BULLISH bias. BUT remember symmetrical triangles are not reliable breakout patterns. They have a tendency to morph into new, larger patterns,...
Throughout this moment he came respecting the targets in a timely manner, increasingly solid due to the fact that it is a great project. now to 9. $DOT #DOTUSDT
DOT is moving in a sideways wedge. Best times to buy are when blue is hit or when white is broken out of (depending on the type of trader you are). if you are accumulating long term, blue buy is better, while shorter term trader may see more immediate results buying off white breakout. not financial advice. stay safe.