DOTBTC
rejection again for DOT. should do some correction first correction is a must..lets see how much lower it will go first.
Anyway, Kadena is a DOT ecosystem.. it is BOOMING now ..look at my other ideas for $KDA..
$KDA is a hidden gem. fortune 100;500 companies already using it.
but only 20mil market cap only. this can go x20-x50 long term.
There is fifth wave of Polkadot coming!Hey, I am back with another Crypto Analysis, focused on Polkadot.
Intro.
Last time I was making an analysis on DOT, I was pretty bullish on it and bought at $4.35, which is not the best entry, but remember the point of making money is about to be, able to take your profit at a good level !
Today I took profit at $6.5 and rebought at $5.8, which is again not the best entry, but at least I know when I want to sell this coin.
Technical Analysis.
- The price is currently sitting at the bottom of 4. Elliott wave .
- Price found support at 50 EMA, healthy trend.
- RSI is not below 40 , it has made new lower low. but still not lower than previous lows.
- MACD is on a selling wave, but the size of selling volume is finding a top .
- Resistance levels are on the chart
- Price is still on uptrend line .
Let's hope this goes as analyzed!
Tibor
DOT/USD AnalysingDOT or Polkadot is on fire in last few days and rising insanely.
I expect a correlation soon as it happened before anf has fallen %18 from $4,55 to $3,73
Now DOT price is $6,25 and i expect the same fall %20 from $6.25 to $5
and If that falling continues and DOT goes into falling trend, it might fall to till $2.85
Good luck.
DOT/BTC (Breakout Confirmed)DOT/BTC
-We can see a strong breakout after 3 days of consolidation
-A Bullish engulfing candle confirms the market direction
-I missed this trade, congrats to those who catch the breakout
-If there is another leg up, the target is up to 47900 sat area
-My advice is not to FOMO, wait for the next trade to happen
-And be prepared because that might be your biggest shot
DOT/USD 4h chart analysing.Polkadot or DOT is new coin and has been rising for few weeks.
It just released mainnet last week and was listed on some exchanges
So it's price made almost 3X . It has seen $306 before and
possible to start falling from here at $296. Because profits sells are about to made and it might fall very fast.
It's targets are $200, $180 and if it falls below $180, next target will be below $147.
It's excellent price to put short order above $280 for marjin traders
Good luck.