#PolkaDot ($DOT BTC) found its bottom and is ready to bounce!
Hello there ladies and gentlemen, BulloTaurus here with an awesome find!
BINANCE:DOTBTC is one of most-promising projects that had a huge rally when it was listed on major exchanges.
Huge gains were made by shorting it until now.
Bullish signals we can see on daily chart of Polkadot that will reward you with nice profits once we break the downtrend.
Risk: 5
Reward: 8
Disclaimer!
This post does not provide any direct financial advice. It is for educational purposes only! You can use the information from the post to make your own trading plan for the market.
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DOTBTC
DOT / BTC add to your watchlistDOT / BTC
After break long downtrend falling wedge since 75 days
Dot successed on retest above it
Iam currently Waiting for more confirmation before open a trade
Holding above ema 20 on daily (act as support) could send dot against btc to higher price and make good profit
This is not financial advice
Please have a plan before trading
And use stoploss
Good luck and happy trading 🌹
PolkaDot DOTUSDT - Rounding bottom + Ascending triangle- DOT is breakout out of the ascending triangle with bullish momentum
- It looks like rounding bottom pattern
- Looking great, expecting higher prices in near future
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$DOT to march higherRelative to BTC, Polkadot has bottomed and found support on the Supertrend.
On this 2day chart the candle ended yesterday with a bounce away from the Trend-line (Supertrend) and it looks like we will continue that way with how the current candle is shaping up.
The current candle ends 22nd November 0:00 UTC and if stays like this or betters than confirmation of the downtrend ends.
Also the Stochastic RSI has been oversold since the end of September, a move away from that level will see much more BTC flow into DOT.
PolkaDot DOTUSDT - Descending triangle- Currently number 9 coin on coinmarketcap. I don't really understand, very overpriced in my opinion.
- False breakout last day above 2 previous highs with no continuation to the upside.
- You can buy this coin for a cheaper price in the future.
- 2 USD is the target.
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Will DOT Explode Next Week?This is my analysis of the pair BINANCE:DOTBTC . Both MACD and RSI indicators show some upcoming Bullish sign to the current price. 20 MA is sloping up, Bollinger Band is squeezing hard, and Buying Volume is picking up. Expect a small retracement (if any) before breaking out of the range. Hopefully, the price still closes above the 20 MA for the next few days.
Note: There might be a low trading volume during this coming weekend, but will Polkadot manage to make a U-Turn to the upside next week? Please comment and share your thoughts. Happy Trading!
#PolkaDot ($DOT BTC) perfect buy range is here!BINANCE:DOTBTC is one of most-promising projects that had a huge rally when it was listed on major exchanges.
Huge gains were made by shorting it until now.
Bullish signals we can see on daily chart of Polkadot that will reward you with nice profits once we break the downtrend.
Risk: 5
Reward: 8
DOT is dropping to complete next bullish setup for upto 190%The priceline of Polkadot (DOT) is completing the final leg of bullish BAT pattern, the targets as per the Fibonacci sequence of BAT are:
Potential reversal or buying zone: 0.00022208 to 0.00017438 btc
Fibonacci projection or sell zone: 0.00033582 to 0.00050650 btc
Regards,
Atif Akbar (moon333)
DOTBTC on Bitfinex completed Gartley | Upto 65% move expectedThe priceline of Polkadot (DOT) with Bitcoin pair on Bitfinex has completed bullish Gartley on the 2-day chart, In my point of view this move is more likely to be firmed than the move on Binance chart with Bitcoin pair, that I posted earlier as below:
The targets as per the Fibonacci sequence of Gartley are:
Potential reversal or buying zone: 0.00037629 to 0.00031935 btc
Fibonacci projection or sell zone: 0.00042099 to 0.00052901 btc
Regards,
Atif Akbar (moon333)