DOT what's next?DOT is forming cup& Hand Pattern, which is an indicator for a big coming move up.
hit LIKE& FOLLOW pal.
DOTBTC
DOT BTC/USDT Pairing Both BullishDOT/BTC
1. strong demand @ 0.00066
2. bullish divergence on RSI
DOT/USDT
1. symmetrical triangle consolidation
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 Breaking outDot just hit a triple bottom and started moving upwards very fast. Hoping to see it hit 45 and 50 short term.
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.
DOTBTC bullish trending to test ATH once againAs postulated earlier, DOTBTC was held on the support of 100MA and is now at the levels of previous local high 0.00072. Whether or not this level is acting as a resistance will decide if we can retest ATH and look to extend further beyond.
DOT nice breakout (original signal included)DOT / USDT
my lovely coin had a Potential breakout and retest in small time frames
We already bought it early (few hours ago) at 32-33$ and hit my TP1 (35$)
If the support hold it can continue hit rest of targets
You can check my original signal below
Make your own analysis before buy or sell
Best wishes 🙏
Prepare for takeoff 🚀This is your captain speaking.
If you're booked for the flight on DOT to the moon, please go to terminal 69 now.
polkadot - Bullish TriangleIn the 240-minute chart and in the 4th wave, from the sub- waves of 3rd wave, a triangle pattern has been formed, which is being confirmed by crossing the price from the range of 35.66, and can form an ascending trend up to the range of $ 64.
DOT/USDT REVERSAL LONG TRADEI got into a $DOT trade and lets just say it both has and hasn't been the greatest experience. Making the noob mistake of not checking the higher timeframes I got into the trade around 34.. pretty much at resistance.. if I get out of this one alive I'll be lucky to still call myself a trader...
Just a little analysis based on what $DOT seems to currently be doing..
It's just an idea but I hope it sparks an even better strategy in your mind..
Thank you in advance
DOTBTC to continue uptrend as previously, after re-testing 20MA Predicting DOTBTC to continue up-trending, after it retested the 20 day moving average this week.
Other times DOT has retested 20MA and shot upwards:
Last week of Dec tested before breaking out above $5
Mid Jan tested before breaking out above $8
End of Jan tested before breaking out above $15-16
Mid Feb tested before breaking out above $32
DOTBTC False Breakout Scalp Short 2021/02/27Pair DOTBTC
Direction Short
Entry 0.00073800
SL 0.00074937
TP1 0.00073402
TP2 0.00073061
TP3 0.00072777
TP4 0.00072436
Signal Rating 3/5
DISCLAIMER: I am NOT a financial advisor and this post is NOT financial/investment/trading advice. I will not be responsible for any actions you take based on the analysis and comments that I provide. I am simply sharing what I am doing, and is not meant to be investment or trading advice. What you choose to do with the information that I provide is your own sole responsibility! 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!
Please support me by liking and following, and sharing your ideas and analysis in the comments! Thanks!
DOT Buy a break.DOTUSDT - Intraday - We look to Buy a break of 35.22 (stop at 33.68)
Daily signals are bullish.
A break of bespoke resistance at 35.00, and the move higher is already underway.
Our bias remains bullish and further upside is expected to target resistance at 40.00.
Dips continue to attract buyers.
Our profit targets will be 39.86 and 41.88
Resistance: 35.00 / 38.00 / 40.00
Support: 33.30 / 30.00 / 29.00
DOT could reverse- Resistance zone coincides with the golden pocket. Both of which coincide with the psychological $30 level
- Looks like a double bottom forming
- Volume increase on both bottoms
Looking for a higher high near (red arrow) to confirm switch to bullish structure.
DOTUSDT (POLKADOT) - UPTREND CONTINUATION ANALYSIS 🔎
- DOTUSDT hit a swing high.
- The market then retraced for a retest of the ascending trendline support and the 0.618 fibonacci retracement level.
- The retracement is resisted by the descending trendline resistance.
- We could see a bounce off the ascending trendline support.
BUY ENTRY ⬆️
- Breakout above the descending trendline resistance.
TARGETS 🎯
- Horizontal resistance level (R1).
- Horizontal resistance level (R2).
- Fibonacci extension levels.
SETUP INVALIDATION ❌
- Breakdown below the ascending trendline support.
💡 It's a great buy opportunity in DOTBTC @Polkadot @bitcoinTrading suggestion:
. There is a possibility of temporary retracement to the suggested support line (0.00058400). If so, traders can set orders based on Price Action and expect to reach short-term targets.
Technical analysis:
. FILBTC is in an uptrend, and it is expected to continue.
. The price is above the 21-Day WEMA, which acts as a dynamic support.
. The RSI is at 69.58.
Take Profits:
TP1= @ 0.00070000
TP2= @ 0.00074220
TP3= @ 0.00078700
TP4= @ 0.00085400
TP5= @ 0.00092000
SL= Break below S2
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💡 It's a great buy opportunity in DOTBTC @Polkadot @bitcoinTrading suggestion:
. There is a possibility of temporary retracement to the suggested support line (0.00058400). If so, traders can set orders based on Price Action and expect to reach short-term targets.
Technical analysis:
. FILBTC is in an uptrend, and it is expected to continue.
. The price is above the 21-Day WEMA, which acts as a dynamic support.
. The RSI is at 69.58.
Take Profits:
TP1= @ 0.00070000
TP2= @ 0.00074220
TP3= @ 0.00078700
TP4= @ 0.00085400
TP5= @ 0.00092000
SL= Break below S2
❤️ If you find this helpful and want more FREE forecasts in TradingView
. . . . . Please show your support back,
. . . . . . . . Hit the 👍 LIKE button,
. . . . . . . . . . . Drop some feedback below in the comment!
❤️ Your Support is very much 🙏 appreciated!❤️
💎 Want us to help you become a better Forex trader?
Now, It's your turn!
Make sure to leave a comment. Let us know how do you see this opportunity and forecast.
Trade well, ❤️
ForecastCity English Support Team ❤️
