DOTUSDT ANALYSISRight now DOT is pushing down the narrowed Bollinger Bands down on its support, which might take the price down to the 14-15 area.
if it bounces after a little consolidation on the current support, then touching resistances around 18 and 19 are expected.
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DOTBTC
DOT weekly dip bounce up analysis. ALTcoins market over yet?Weekly dip just like a clock.
I feel like we are in the BUBBLIN phase for altcoins, most charts are seeing x3 - x20 across boards, so beware this will not continue for a long time now.
Expect BTC to bounce up from weekly support and ALTs will follow. Possible retrace for DOT here.
Check both RSI and Volume movements.
IF BTC will continue to fall and we will not see RSI pump, altcoin market will see red and we might hit hard support at 12,5.
We observe.
We make plans.
We take profit.
And then we wait.
Patience is the key.
DOT Trading StrategyI am following a similar strategy on DOT as on AVAX. We are looking to buy
back in at significant FIB levels.
The 0.000407 to 0.000408 level is a clear level of support. It is a breakout point
of the last run up, it is the 0.382 on the fib level of the entire move, and
it is the 0.5 level of the last uptrend several months ago. It was clearly
traded off of back then, and there are still probably people trading off of it.
And since the 0.236 (0.000454 level) of the last move was not clear support, it gives
the 0.382 a high chance of being support.
DOTBTC Classical Falling Wedge BreakoutPolkadot gives us ability to do cross-blockchain transfers of any type of data or asset. I've been closely following this project for sometime and I believe this is going to be an amazing solution for everyone in the crypto sphere.
You can see the classical technical falling wedge breakout with a very clear volume confirmation in my chart.
This is my first post in TradingView. Please follow me & stay tuned for future posts as well.
Best!
@DeeSachith
Polkadot (DOTBTC) at Support, Will see Upward RallyPolkadot is one of the most hyped DeFi coins. Polkadot creating a new ecosystem just like Ethereum did back in 2016-2017. Many new projects and DEx already migrating to Polkadot. DOT is a good coin to hold for 2021 and we see a major rally in DOT. Don't miss it out.
Buy Zone: 23800-24200 (Add more in Dips)
Target: 26200-27800-29500-31500-33000-36000-39500
Polkadot Mainnet launch runJust an idea, mainnet is planned for February/March.
Chart VS BTC looks very unhappy now but could turn around fast.
Chart VS USDT looks more interesting, I can see a valid mid term cup 'n handle.
Blog item title: Bitcoin is Coming to Polkadot
Last time i did a early post like this was NEM:
No advice, DYOR and good luck