DOTUSDTDOTUSDT brokeout above the downtrend resistance. The market is currently printing the inversed head and shoulders reversal pattern. Breakout above the neckline resistance could be a bullish signal ⬆️. RSI confirmation 🔼.
DOTBTC
Dot/usdt quick analysisClose above 4.5$ daily
Then the price want to reach higher
4.8$ then 5.3$
This is not financial advice
Trade at your own risk
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Thank you and good luck
KEY RESISTANCE AHEADI want to see the price clearly close and consolidate above red triangle as a reverse sign. In that case i will be looking for those objectives shown on chart.
dot btcformation of falling wedge in dot
breaking of 0.00039168 level is important
it is also forming cup and handle pattern formation
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)
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!
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This Chart is Used for Educational Purposes Only And NOT A Recommendation to Buy or Sell the Asset.
DOTUSDTUse risk management!
Use risk management!
Use risk management!
Use risk management!
Use risk management!
Use risk management!
Use risk management!
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.
PolkatotWe can see a triangle with horizontal support from below - from this zone we will move to the supply zone
Best Regards EXCAVO
Riding the Polka WaveBeen on a trade since this afternoon, because I thought it still looked promising from what happend overnight.
We'll see if this trend continues for Polkadot.
Polkadot is going to $6 again!Dot has broken a strong resistance and is in a new high.
I expect the price of Dot to reach $6 by tommorow.
Good luck with this trade!
Tibor
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
Dotbtc a possible scenario to breakA possible scenario after the tough resistance created above .49 After this scenario it would be profitable to wait.
