DOT/BTC Triangle formationDOT / BTC was already doing a good bullish according to the long term charts. Now we see a short-term triangle drawing. It can break the lower triangle and land on the support points. Or it can continue to complete the Triangle and observe a sharp up or down movement.
It is not investment advice. I just shared my opinion. THX
DOTBTC
Polkadot Showing Strong SignsAfter a previous breakout from the downtrend, DOTBTC is now forming a wedge, despite BTC rising, support seems to hold on the lower part of the wedge. RSI is low and showing hidden bullish divergence. MACD is about to cross and go up.
An increase is likely, but don't forget to set a stop-loss.
DOT 100% gains - long term swing tradeThe white line indicates previous resistance. Price broke above and retested, so resistance has now turned to support.
There has been a large increase in volume.
EMAs have crossed confirming an uptrend.
This is a long term swing trade, it won't happen overnight. Take profits along the way.
As Polkadot broke all time high, $10 is next!As Polkadot broke all time high at $6.82 very significantly, the next stop where a major correction can be seen will be very likely at psychological resistance at $10 per Polkadot.
Technicals looks perfect as the price broke a new high.
See my fundamental analysis of DOT in the "related ideas".
Good luck with this Ethereum competitor,
Tibor
💡 Don't miss the great buy opportunity in DOTBTCTrading suggestion:
. There is a possibility of temporary retracement to suggested support line (0.0002). if so, traders can set orders based on Price Action and expect to reach short-term targets.
Technical analysis:
. DOT/Bitcoin DOTBTC is in a range bound and the beginning of uptrend is expected.
. The price is below the 21-Day WEMA which acts as a dynamic resistance.
. The RSI is at 44.
Take Profits:
TP1= @ 0.0002508
TP2= @ 0.0002963
TP3= @ 0.0003617
TP4= @ 0.0004210
TP5= @ 0.0005093
TP5= @ 0.0005967
SL= Break below S2
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💡 Don't miss the great buy opportunity in DOTBTCTrading suggestion:
. There is a possibility of temporary retracement to suggested support line (0.0002). if so, traders can set orders based on Price Action and expect to reach short-term targets.
Technical analysis:
. DOT/Bitcoin DOTBTC is in a range bound and the beginning of uptrend is expected.
. The price is below the 21-Day WEMA which acts as a dynamic resistance.
. The RSI is at 44.
Take Profits:
TP1= @ 0.0002508
TP2= @ 0.0002963
TP3= @ 0.0003617
TP4= @ 0.0004210
TP5= @ 0.0005093
TP5= @ 0.0005967
SL= Break below S2
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. . . . . 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 !
Be sure to leave a comment let us know how do you see this opportunity and forecast.
Trade well, ❤️
ForecastCity English Support Team ❤️
DOTUSDT( Resistance Breakout)#DOTUSDT Technical Analysis Update
Resistance Breakout
DOT/USDT currently trading at $0.18600
LONG ENTRY level: 4.95 TO 5.05
STOP LOSS: Below 4.78
Resistance level 1( Target 1): $5.41
Resistance level 2 (Target 2) : $5.71
Max Leverage: 4X
ALWAYS KEEP STOP LOSS...
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Polkadot (DOTBTC) Start BuyingPolkadot is a new coin in the top 10 and has a lot of developments. DOT has a very good community and the project has potential. The coin is now at its listing price and we recommend you to buy it here. We will see a good move in DOT once it breaks the Downtrend triangle.
Buy Range: 2100-2230
Target: 2480-2850-3200-3700-4100-4500-4900-5600
Stop Loss: 1800
DOT/BTC 4Hr Bullish DivergenceDot/Btc forming a bullish divergence on the 4hr. Looks to be confirmed with the positive bounce so far. I am going to be spot long on this long-term as well as taking a shorter term margin trade based on this divergence. I think DOT will perform really well if we get an Altseason.
DOT/USDT 1D TFDOT/USDT
1D TF
Best buy was at the break of trendline and break of EMA 50
now price trading between
5.46$ ( 0.618 fib ) support
5.74$ ( 0.786 fib ) resistance
If price could break recent top i will update the chart (take care it can make double top and drop)
🚨 BTC dominance now is high and in increase
So take care when trading ALTS
This is not a buy or sell signal
It just reading chart for my members who asked for it
Good luck for you all
DOT UpdateHi Guys
DOT is looking bullish here, yesterday broke trend line and now resisting it.
So I have bought here and will buy on next critical support area 0.0002445 if dumped. SL will be 0.0002445 if 4hr candle close below this level.
Be careful guys, crypto index in extreme zone level 96. Don't use any leverage
Best of Luck
Please like, follow and share your feedback.
Thanks
Crypto King