Polkadot (DOT) - March 21Hello?
Dear traders, nice to meet you.
By "following" you can always get new information quickly.
Please also click "Like".
Have a good day.
-------------------------------------------------- -----
You should watch for any movement that deviates from the 35.659-38.856 segment.
If you fall from the 35.659 point, you can touch the 27.211-30.122 range, so you need a short Stop Loss.
If it falls between 27.211-30.122, a Stop Loss is required to preserve profit and loss.
It remains to be seen if volatility around March 30 can rise along the uptrend line.
----------------------------------
(DOTBTC 1D chart)
58453 Satoshi-68173 We have to watch for any movement that deviates from the Satoshi section.
In particular, it remains to be seen if it can rise along the uptrend line.
If you fall at 58041 Satoshi, you need a short stop loss.
-------------------------------------------------- -------------------------------------------
** All indicators are lagging indicators.
So, it's important to be aware that the indicator moves accordingly with the movement of price and volume.
Just for convenience, we are talking upside down for interpretation of the indicators.
** The wRSI_SR indicator is an indicator created by adding settings and options from the existing Stochastic RSI indicator.
Therefore, the interpretation is the same as the conventional stochastic RSI indicator. (K, D line -> R, S line)
** The OBV indicator was re-created by applying a formula to the DepthHouse Trading indicator, an indicator published by oh92. (Thank you for this.)
** Check support, resistance, and abbreviation points.
** Support or resistance is based on the closing price of the 1D chart.
** All explanations are for reference only and do not guarantee profit or loss on investment.
Explanation of abbreviations displayed on the chart
R: A point or section of resistance that requires a response to preserve profits
S-L: Stop Loss point or section
S: A point or segment that can be bought for profit generation as a support point or segment
(Short-term Stop Loss can be said to be a point where profit or loss can be preserved or additionally entered through installment transactions. It is a short-term investment perspective.)
GAP refers to the difference in prices that occurred when the stock market, CME, and BAKKT exchanges were closed because they do not trade 24 hours a day.
G1: Closing price when closed
G2: Cigar at the time of opening
(Example) Gap (G1-G2)
DOTBTC
DOT Mentioned in previous Ideas, now is the time to cover it up Could potentially be a breaking point for DOTUSDT as the market recovering from recent pullback,
In my opinion there's a lot of room to grow for Polkadot,
Their innovating multi-chain technology is the very first step towards expansion
Projects are being added to Polkadot Ecosystem (currently at 76)
They have a unique working product in the DeFi space,
Market cap is set to grow,
I could see this one in the $50+ range in the short term,
Very safe bet for the long term perspective as well which is more recommended,
I will stay conservative for short term prediction but we could see Polkadot in the $100+ in the future!
Let me know what you guys thing and don't hesitate to leave some constructive criticism if any,
This is not financial advice,
9to5
DOT is drawing closer to a 31% upswing, eying $50
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 following in its footsteps to achieve another record high.
Meanwhile, DOT is trading at the apex of a symmetrical triangle. This pattern highlights a period of consolidation in addition to a potential breakout or breakdown.
The symmetrical triangle is formed by two trendlines whereby one connects a series of higher lows and a series of higher lows. A breakout will occur as soon as the price slices through the upper trendline. The move to the north is usually drastic and confirmed by a sudden increase in trading volume. Triangle breakouts have exact targets measure from the pattern’s highest to lowest points.
Polkadot is very close to breaking above the upper trendline, where it will launch 31% higher to a new all-time high. The anticipated upswing will be reinforced if the MACD sustains the cross above the signal line. Moreover, the indicator should stay within the positive region to secure the bullish impulse.
Note that the bullish outlook will fail to hold if Polkadot upside is continually limited under the upper trendline, and by association, the seller congestion at $40. On the downside, the 50 Simple Moving Average is in line to offer support. Massive losses eyeing levels under $25 will come into the picture in the symmetrical triangle breakdown.
DOT - BIG MONTH AHEAD$DOT - Getting ready for next move up before the end of March
I am expecting a large move upward either before the end of March or the start of April
Be aware we could test the strong uptrend support extending back to the start of January one more time - this would result in a drop down to $35 before heading back up
Target 1: $42usd
Target 2: $50usd
Target 3: Open
Stop loss $34usd
This coin is definitely one to buy and hold for the next few months
''Buy Big Sell BIGGER'' - MegaWhale
POLKADOT (DOTUSDT/DOTBTC) Potential Long Entry 2021/03/11Long Trade Setup #1: Retest and Continuation (200MAs)
1. Price Action: Price needs to move back down to the 200MAs, currently projected to be @ $35.5-36.5 by the time price reaches it, and bounce back up.
2. Trade Entry Confirmations: Bullish candlestick pattern, above average volume, MACD bottoming
DISCLAIMER: I am NOT a financial advisor and this post is NOT financial/investment/trading advice. I am simply sharing what I am doing, and I will not be responsible for any actions you take based on the analysis and comments that I provide. The cryptocurrency market is extremely volatile, and you WILL lose all your money if you are inexperienced! DO NOT risk any money that you cannot afford to lose and always be cautious and manage your risk!
What are your thoughts? Please leave your ideas and analysis in the comments below! Do give the post a like and a follow.
DOT another breakout ?DOT / USDT
this coin i mentioned it to buy multiple times in 30-33$ zone and before in 18-19$ zone
Now it brokeout a Potential bullish pattern
If the candle closed like that its a official breakout and possible new bullish wave to 40$ - 60$
Always wait for candle close (to avoid false breakout)
Are you bullish in DOT too ?
Best wishes 🙏
DOT/BTC dip before the boomDOT looks bearish on the 1 hour time frame. If DOT breaks the support line it will dip approx 9%, would be a good buying oporunity.
Offcourse it all depends on what BTC will do next.
My prediction is based on technical analysis , do your own research I am not an experienced trader so don't take this as financial advice.
Any feedback is much appreciated, good luck :)
DOT/BTC Alt Coin Craze Around the CornerDaily Chart
I am seeing a lot of money being put into altcoins based on money flow. This chart is DOT performance against BTC instead of USD. The huge negative moneyflow has completed around Feb 10th 2021 and now moving into Positive Green money flow. Momentum trading and accumulation is important when there is no price history for support and resistances. I put ADA in the chart to show how DOT will perform about the same. ADA has been around longer therefore more history for data points. What is happening to ADA will happen to DOT and a few other coins.
I am extremely bullish on DOT and therefore accumulated during the BTC downturn and hopeful of the launch in the first half of the year. I don't expect to hold DOT till end of this year. Can't go wrong in a bullish market right?
DOTBTC retracing from ATH and looking to retest supportAs predicted, a sell around the new ATH would have been ideal for those of you who didn’t, and a hi5 to those of you who did! Kudos!
1hr timeframe still shows room for a support retest, although 30min and smaller timeframes look promising here for a buying opportunity. I’d be more comfortable when the 1hr timeframe shows a signal.
Note: BTC capitulation is also underway, trend should resume should 47k support hold. If not, we might breach support, in which case we will revaluate.
Polkadot buy a break setup.DOTUSDT - Intraday - We look to Buy a break of 37.37 (stop at 36.06)
A break of yesterdays high would confirm bullish momentum.
Price action has formed a bullish ascending triangle formation.
Pivot resistance is at 42.28.
We look for gains to be extended today.
Short term bias has turned positive.
Risk/reward is ample to call a buy trade.
Our profit targets will be 41.21 and 44.28
Resistance: 37.00 / 40.00 / 42.28
Support: 35.00 / 33.30 / 30.00
DOTBTC uptrend continues, potential retest of ATHAs predicted earlier, the 100MA proved to be a great buying opportunity to hop on the train to potentially retest and make new ATH. Volatility can be a concern but as long as bitcoin capitulation doesn’t take place, bullish trend is likely to continue.