PolkaDot DOTUSDT - HUGE Parallel Channel on the Daily chart!- Polkadot is strong on the daily timeframe , as we can see.
- The price broke out of the bullish falling wedge and now is unstoppable!
- On the daily time scale, we can spot a huge blue parallel channel , which acts like a support and resistance .
- Target top of the chanel or 1:1 fib extension on the daily chart .
- For expected duration of the trade, probability, stop loss, profit target, entry price and risk to reward ratio ( RRR ) - please check my signature below ↓
- Due to my Elliott wave count, the correction is totally over and we can expect a higher prices!
- If you want to see more of these ideas, hit "Like" & "Follow"!
DOTBTC
POLKADOT INSANE PUMP ON THE HORIZEN if the blue trendline hold you can expect massive gains with polkadot ecosystem being next to pump in couple of months. I expect polkadot to surpass cardano as 3rd marketcap altcoin. Ye ye bla bla you can hate all you like but it will happen if this bullrun dont end. I also expect bitcoin to do 2017 pump in december. that will surely send dot to 500 dollar.
DOT with BTC pair in parallel channel#DOTBTC
BTC pair of DOT is trading inside a descending parallel channel, if this daily candle going to close below the blue support line, then price will drop more to the long term support zone, which is around the middle line of parallel channel.
In my point of view this support zone will hold the price and then we will see another rally to break the channel to touch 11900 sats.
DOT - bearish structure 😲After the big drop, bitcoin and all altcoins have started to recover, but for how long? Usually, the fall does not end with just one move, after the fall there is a consolidation and another momentum. All stop losses are under the low of the recent fall. Right now bitcoin and all altcoins are in bearish patterns. It is very likely that there will be a fall, a collection of stop losses, and then a rise.
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P.S. I personally will open entry if the price will show it according to my strategy.
Always make your analysis before a trade
DOT/USDT Ready for another 248% Gain..?#DOT/USDT TA Update:-
$DOT currently trading at $34
Already 280% up from bottom.
And I told to buy at every dip and also mentioned on Twitter.
Now..?
Right now $24-$28 is very strong support level.
Recently also Strong bounced back from this level.
$DOT is Potential for long term and My target will be $100 in mid term.
I am accumulated between $24-$28
If again market dump then I will add more $DOT
New Entry:- $28-$34
Targets:- $39/$48/$80/$100
Stop Loss:- below $24 I will exit and wait for next entry.
Support:- $28/$24
Resistance:- $39/$48/ATH
PolkaDot DOTUSDT - HUGE Secret Ascending Channel + New ATH soon- Polkadot is strong on the daily timeframe , as we can see.
- The price broke out of the bullish falling wedge and now is unstoppable!
- On the daily time scale, we can spot a huge blue parallel channel , which acts like a support and resistance .
- Target top of the chanel or 1:1 fib extension on the daily chart .
- For expected duration of the trade, probability, stop loss, profit target, entry price and risk to reward ratio ( RRR ) - please check my signature below ↓
- Due to my Elliott wave count, the correction is totally over and we can expect a higher prices!
- If you want to see more of these ideas, hit "Like" & "Follow"!
DOTUSD Price TargetsIn the next week(13 Sep - 19 Sep) I expect to see dead cat bounce and the price to go to around $40.
Between 20 Sep till, at most, the beginning of October we will see the bottom of this deep. The target price for this deep is around $25. I do not believe that we will see a low 20s price.
After that, the price will start going up. In early or mid-November DOT will reach new ATH. Once we pass the resistance level at $49 it will go into the price discovery range. I, personally, expect at least a 20% increase of the ATH.
To summarise:
Expected lowest price - $25
Expected ATH record - $59.22
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₿ DOTUSDT 1D ₿: 09.Sep.2021: So BullishWow , Look At The Price and Recovery of it ... So Bullish , isn't it ??? I had previously introduced this currency at a price of $ 20.45, what growth has it had since then and it gave us TP 3 .... +74% ✅🚀✅🚀✅🚀✅🚀
⚠️ This Analysis will be updated ...
👤 Arman Shaban : @Ar_M_An_4
📅 09.Sep.2021
⚠️(DYOR)
DOT ready !Technically, DOT is 88% bullish , Polkadot is an open source project founded by the Swiss based Web3 Foundation. The Web3 foundation contracted Parity Technologies, run by Dr. Gavin Wood, an Ethereum Co-Founder who wrote the Ethereum technical Yellow Paper and implemented a large portion of the protocol.
Polkadot is designed for true interoperability, and enables cross-blockchain transfers of any type of data or asset, not just tokens. Polkadot allows developers to create a custom blockchain quickly using the Substrate framework, and connect it to the Polkadot network to be interoperable with many other chains.
Polkadot is also able to upgrade itself without the need for potentially contentious hard forks.
Polkadot DOT/BTCDots had a solid run over the last month, i only traded this on spot and was happy to ride the waves, how ever im feeling a possible retracement coming at the moment.
We have hit a level of resistance and after the run we have had and the 3 impulsive moves, I would be expecting a descent market correction over the next few weeks.
Bull case is a sharp and short term pull back met with a continuation of this current momentum, breaking the level of resistance and pushing higher for a new target.
Bear case is either a much deeper retracement or we double top at resistance and head back down to the EQ level between the 50-618 retracement of the entire run.
I would still consider that to be some what heathy market structure but not something I will hold onto.
Basically for this position im watching closely on this short term pull back, if there is a lot of selling i may take my profits early and let it cool down, if the selling is minimal and the pull back is slow, then ill hold my position and watch closely at a potential double top.