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
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)
DOT DUMP OVER OR JUST THE BEGINNING?
DOT Formed A Descending Triangle Which Can Lead To More Dumping.
BUT It Wont Take Much For The Bulls To Take Over Because Of The Decreasing Volume And Exhausted Selling Pressure
Indicators Nearing Oversold Could Be An Opportunity To Buy Back DOT At These Levels.
Trade With Caution!
LET ME KNOW WHAT YOU THINK! 🧐
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HITTING THE THUMBS UP, LEAVING A COMMENT AND FOLLOWING 💯
*You are Welcome to Request Chart Analysis at Anytime! Simply Comment Down Below or DM Me :)
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⚠ DISCLAIMER:
Trading Involves High Risk! I Share My Trading Positions And Ideas With You For FREE
BUT Please Be Responsible For All Your Actions.
This Chart is Used for Educational Purposes Only And NOT A Recommendation to Buy or Sell the Asset.
DOT near DEMAND ZONE (Accumulation Going) - Ready to FLY#DOTBTC TA Update:
1. Zone 1 was Ascending Wedge which always follows a downward movement as it did.
2. Zone was a Falling wedge or we can say it was a distribution zone. After this, usually, Consolidation/Accumulation happens which happened in ZONE 3.
3. Zone 3 at the moment, is where accumulation is happening. DOT is consolidating between two levels (Daily Resistance @42212 & DEMAND ZONE 38200-37500)
4. In the coming days, we may see some accumulation and the price may touch 36000 for a retracement. After which we gonna see a rally upwards.
5. For DIP Buying you can set Buy Orders at 36000 sats. Or Anywhere in DEMAND ZONE. Right now its gonna come back to the demand zone. And we gonna see BULLISH Trend afterward.
Note:
SEPTEMBER was ALTS BLEED month due to the instability of Bitcoin Dominance & Bitcoin Price.
Always Trade with caution. Alts follow bitcoin dominance.
If Bitcoin Dominance is UP ► Alts Gonna DUMP
If Bitcoin Dominance is DOWN ► ALts Gonna PUMP
Now, DOT Price is gonna fall at the demand zone, I am looking to buy DOT at the demand zone for Huge Profits afterward.
Please Ignore any mistakes if you found.
Thanks, Your support is appreciated.
Polkadot is a on it's way to $5!Polkadot has broken out of triangle formation, as the downtrend line has been broken to the upside and currently is testing the upper level of resistance area from 4.50 to 4.63$.
I expect Polkadot to hit $5 today or tommorow, which is TP1, 9% from current price.
TP2 is $5.33, 15%.
Good luck with this trade!
Tibor
DOT (Polkadot) - The levels I look atThe fall of the crypto market did not bypass polkadot either. After losing $5.5 resistance it keeps falling and currently testing $4.5 support. If we close below the next target is $3.8.
The worst case is that the whole pump will be retraced and we'll back to $2.5
Two setups I see here:
* Scalp short from the previous support break at $5
* Scalp long from ~$3.8 area
Hit the "LIKE" button and follow to support, thank you!
Information is just for educational purposes, never financial advice. Always do your own research.
DOT /USD AnalysingWhen DOT was above $6,2 , here i shared that DOT will make a correction and fall to $4,5
-Now this target has been successfully succeeded and DOT will start rising from this poing and its support level is $4,6
It's getting ready to make new ATH above $7 .
After coin market cap showing DOT in the top 10 ithis will bring new investors to the DOT .
We may see Coinbase listing soon too ,beacuse there are some serious news that DOT will be added to Coinbase.
Coins listing on Coinbase automatically boost its price over %40 higher.
Good luck.
DOT/BTC (Pattern Broke Bearish)BINANCE: DOTBTC
-The ascending triangle pattern broke to the downside
-Confirming a bearish downtrend is on the way
-There is an incoming bear cross of 20ma>50ma
-The momentum priority is downward and the target below around 38k sat
-If you have a position since the start of trading
-Please take profit and trail your stop loss
Polkadot (DOT) Project Overview + Chart Analysis (Targets)About Polkadot
Polkadot is an open-source project founded by the Web3 Foundation. Polkadot is a sharded protocol that enables blockchain networks to operate together. The DOT token serves three distinct purposes: governance over the network, staking, and bonding.
Source: Coinmarketcap.com
Website: polkadot.network
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Polkadot (DOTBTC) is new and we have little history.
So far, short-term, we are looking bullish with prices moving above EMA10 and facing resistance.
We also have what appears to be an ascending triangle format.
Multiple targets are marked on the chart as well as the main support level in case prices drop.
This is a young chart, we have no history here so everything can change.
If you do decide to trade, make sure to build a plan, use a tight stop-loss and remain open to all scenarios.
This is not financial advice.
Namaste.
Polkadot is good market buy!Polkadot is sitting currently on uptrend, bounced of strong support level, and shown a very good lookin 4h candle close!
I expect this coin DOT to have a strong rally to $6.8 which is exactly 13.33% from current price of $6. The Second take profit is below $7.5 and that's a 25% profit.
And one question to my followers, do you prefer shorter and more analysis or long and less analysis? Let me know in comments :)
Good luck with this trade!
Tibor