DOT looking bearish?Bearish divergence on 4 hours TF and below. Likely to see a pullback. Daily RSI looking very good, huge hidden bullish divergence. Big support around 29 USD and 27 USD area. This could a great place to long. We could see retracement around 31 USD area if BTC didn't dump. But very likely to see below 30 USD again if BTC start to dumping hard. Place your SL and buy order depend on BTC movement.
But there are possibilities we could go lower due to volatility of BTC . If BTC crash from here, we could see DOT will follow to dump.
Dotlong
DOT hits historical high as bulls remain relentless
Polkadot spikes to new all-time high after crossing above the stubborn resistance at $40.
The upswing hit a barrier at $47, cutting short the journey to $50.
DOT is likely to consolidate before the next significant move toward new all-time highs.
Polkadot finally made it above the crucial $40 level. The move triggered massive buy orders as investors speculated a liftoff past $50,000. A record-high has been traded at $47, limiting the price action. Meanwhile, DOT is doddering at $45 amid the hunt for higher support.
The upswing occurred during the long Easter weekend. Several digital assets surged, including Ripple and Stellar. On the other hand, Polkadot retreated to $40 following a rejection from $47. In the meantime, the digital asset has already renewed the uptrend to trade beyond $45.
On the upside, the immediate resistance rests the historical high of around $45. A glance upwards reveals that $48 and $50 levels may also limit price action. Recently, the Moving Average Convergence Divergence (MACD) hit a monthly high at 2.5. A correction is underway, but the indicator leans more to the sideways trading action based on the MACD.
For instance, the MACD line (blue) holds slightly under the signal line. The primary battle is to cross above the signal line, thereby reinforcing another upswing. However, the MACD is relatively horizontal in motion, thereby paving the way for consolidation ahead of a breakout.
If the immediate support at $44 fails to hold, overhead pressure will mount toward $40. A break under this level may trigger a high volume of sell orders, culminating in massive losses toward $36 and $30, respectively.
Polkadot intraday levels
Spot rate: $45
Trend: Sideways
Volatility: Low
Support: $44 and $40
Resistance: $47 - $48, and $50
DOT/USDT now 24% up without leverage congrats guys#DOT/USDT Profit Update:-
$DOT currently trading at $44
And I told you to enter two zone and both filled.
Entry:- $36-$38 ✅
Now 24% up from our entry zone.
Hope you enjoyed the ride.
Now Stop Loss time.
SL:- Put stop loss at your entry.
And also Safe trader can book profit.
Support: $39/$36/$33
Resistance:- No resistance
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DOT, Polkadot - superpotential👑A coin with very good potential. More than 40 days DOT accumulates volume. I see the entry point only after the retest. I don't exclude the continuation of the movement in the range.
Write in the comments all your questions and instruments analysis of which you want to see.
Friends, push the like button, write a comment, and share with your mates - that would be the best THANK YOU.
P.S. I personally will open entry if the price will show it according to my strategy.
Always make your analysis before a trade
DOT/USDT ready for $76 Target Technical chart looking bullish#DOT/USDT TA Update:-
$DOT currently trading at $38.05
This is good entry point as per chart.
Still waiting for breakout upward.
But If breakout confirmed then Ready for $76
Entry :- $35-$38.20
Targets:- $45/$67/$76
Stop Loss:- I will update here.
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POLKADOT price is on the rise! What is your vision!?Technical analysis regarding the price of POLKADOT in relation of dollar Tether for the next scenarios, based on daily movement.
The DOT/USDT price in the DIARY is moving upwards, strongly respecting these channels (parallel yellow and macro/main blue), and what keeps going on is this VERY HANDSOME AND STRONG resistance just above the price, at $ 38~40. However, I believe that it can be broken because the price is with a large buying mass exercising strength and well, I am an optimistic speculator in the crypto scenario. Breaking this resistance, the price will easily fetch $43 dollars, in a not-too-distant scenario.
I manage to achieve such a level that the price can design Fibonacci-based channels.
disclaimer
*** In accordance with CVM Instruction No. 598, of May 3, 2018, Art. 21, I declare that the recommendations of this analysis reflect solely and exclusively my personal opinions and perceptions and that they were prepared independently and autonomously. Not being considered a purchase and/or sale recommendation. ***
Any questions do not hesitate to contact me. I'm happy to be able to help you in the best way I can. 🙏
DOT fib trendsUpdated previous idea on the DOT bull run-consolidation-bull run-consolidation pattern.
Adjusted the fib time series to better match earlier data series. This adjustment fits the current consolidation period much better.
We are at the end of the current fib time zone which corresponds to a consolidation period. So if the pattern holds, we can expect a bull run that touches the next fib levels ($56 and $65) after the previous ATH of $42.
If we stay in the parallel channel, $56 or $65 are possible within the next month.
Dot Going to the Moon 🔥🔥🌔As I said in the Bitex group on March 7, Dot had the potential to break the triangle and start a good uptrend and there was strong support for it and as expected the triangle broke up.
Also, we have already given a buy signal at 29.5 to 32 at the peak of Bitcoin heavy correction, because we can and we do it 🔥
Now I expect that we will finally have a correction to $ 37 to $ 35 and after that Dot will start to move up to the $ 42 break, and at the same time BTC reach the level of $ 60 to $ 63,000.
We will see what happens.
February 24 analysis (BTC 45k):
March 7 Analysis:
What's happening with DOT?DOT was making a pretty good triangle. Unfortunately, it broke down today and yesterday.
We can see it even broke down pretty good support which is now acting as resistance.
Hopefully, we can stay above the support area at 28-29 USD. If not we could even dive into another support which might be 18USD.
Maybe it can jump back into the triangle and move further. We will see.
I am still bullish with DOT from a long perspective.
DOT/USDT : Moving below resistance zone..BINANCE:DOTUSDT
Hello everyone 😃
DOT is moving below resistance zone, Also it's into bullish triangle !
EMA 100 could be good support for DOT to hold it into triangle.
🔴 Watch for BTC's movement; It would be more safe to take position with a confirmation on huge volume coins !
Attention: this isn't financial advice we are just trying to help people on their own vision.
Have a good day!
@Helical_Trades
DOT is drawing closer to a 31% upswing, eying $50
Polkadot is trading at the apex of a symmetrical triangle pattern ahead of the anticipated liftoff to 50.
The resistance at $40 remains the biggest hindrance to the bullish outlook.
Polkadot is among the few cryptoassets set to begin the week in the green. Bitcoin surprised many by making a real break above $60,000 over the weekend. DOT is most likely following in its footsteps to achieve another record high.
Meanwhile, DOT is trading at the apex of a symmetrical triangle. This pattern highlights a period of consolidation in addition to a potential breakout or breakdown.
The symmetrical triangle is formed by two trendlines whereby one connects a series of higher lows and a series of higher lows. A breakout will occur as soon as the price slices through the upper trendline. The move to the north is usually drastic and confirmed by a sudden increase in trading volume. Triangle breakouts have exact targets measure from the pattern’s highest to lowest points.
Polkadot is very close to breaking above the upper trendline, where it will launch 31% higher to a new all-time high. The anticipated upswing will be reinforced if the MACD sustains the cross above the signal line. Moreover, the indicator should stay within the positive region to secure the bullish impulse.
Note that the bullish outlook will fail to hold if Polkadot upside is continually limited under the upper trendline, and by association, the seller congestion at $40. On the downside, the 50 Simple Moving Average is in line to offer support. Massive losses eyeing levels under $25 will come into the picture in the symmetrical triangle breakdown.
DOT/USDT - Confirmed BreakoutIn the 4 hours chart , we see a bullish trend line, and the resistance zone of the highest peaks in the market has formed an ascending triangle.
This triangle has been successfully brokenand retested as a new strong support zone that has been rejected upwards.
Once confirmed, a strong bullish trend towards the previous highest peak in the market can be expected.
A bullish W-formation has formed on the daily chart , which could possibly be overextended.
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Write your opinion about it in the comments. I would like to discuss this with anyone.
This is NOT a FINANCIAL ADVICE. This is just my point of view on the current situation.
Polkadot Buy Signal from Script triggered Ema crossover SMA Polkadot Buy Signal from Script triggered Ema crossover SMA
*Update of Dot's Chart & Analysis from 28/02/2021*
Polkadot (Dot) Buy opportunity! Potential 68%+ Gain to set a New ATH of $50 at the 161.8% Fibonacci Level. Dot's price soared to a high of $42 on 20/02/21. Since setting this new ATH , it has lost some momentum, retracing down to a low of $26 on the 23/02/21 after such an impulsive move, but currently it is still trading 45% above this low 4days ago on the 23/02/21.
The fundamental outlook for Dot in the long-term is great and still very much bullish , its total Market Cap is at $33.7 billion and currently ranked 6th biggest digital currency in the world after Bitcoin , Ethereum , Cardano, Binance Coin and Tether. Over the coming month we expect Dot to retest the previous ATH of $50 at the 161.8% Fibonacci extension .
Note this may not be a straight forward push, but a bullish momentum powered by 3 push phases. Use the Buy Zone area to map your entries, Zone 1 at the 23.6% level and Zone 2 at 61.8% Golden ratio. Overall, there is a high probability that Dot's price will break out higher (68% Gain from current price levels) as the bulls target the next resistance at $50.
DOTUSDT - bullish trendPreconditions:
- key level
- trendline
- buy after break out
- locally uptrend
- global uptrend
You will learn the best place where we can trade this instrument at low risk.
Write in the comments all your questions and instruments analysis of which you want to see.
Friends, push the like button, write a comment, and share with your mates - that would be the best THANK YOU.
P.S. I personally will open entry if the price will show it according to my strategy.
Always make your analysis before a trade
DOT/USDT 1. That yellow line corresponds to the possibility that the bitcoin correction is over and we're going for a new ATH
2. If btc changed his mind and continued the correction, we would have 3 more waves in wave C waiting for us at DOT.
For me, I like the second option more because DOT is an interesting project and so there would be better prices for the purchase. We would also thicken these zones more, which could act as stronger supports in the future. We still have enough days left in the month, we will see how the market decides, in any case the second option would be more advantageous in the long run :chart_with_upwards_trend:
Update Polkadot Buy Opportunity 68% Gain From Current PricePolkadot (Dot) Buy opportunity! Potential 68%+ Gain to set a New ATH of $50 at the 161.8% Fibonacci Level. Dot's price soared to a high of $42 on 20/02/21. Since setting this new ATH , it has lost some momentum, retracing down to a low of $26 on the 23/02/21 after such an impulsive move, but currently it is still trading 45% above this low 4days ago on the 23/02/21.
The fundamental outlook for Dot in the long-term is great and still very much bullish , its total Market Cap is at $33.7 billion and currently ranked 6th biggest digital currency in the world after Bitcoin , Ethereum , Cardano, Binance Coin and Tether. Over the coming month we expect Dot to retest the previous ATH of $50 at the 161.8% Fibonacci extension .
Note this may not be a straight forward push, but a bullish momentum powered by 3 push phases. Use the Buy Zone area to map your entries, Zone 1 at the 23.6% level and Zone 2 at 61.8% Golden ratio. Overall, there is a high probability that Dot's price will break out higher (68% Gain from current price levels) as the bulls target the next resistance at $50.
DOT Buy a break.DOTUSDT - Intraday - We look to Buy a break of 35.22 (stop at 33.68)
Daily signals are bullish.
A break of bespoke resistance at 35.00, and the move higher is already underway.
Our bias remains bullish and further upside is expected to target resistance at 40.00.
Dips continue to attract buyers.
Our profit targets will be 39.86 and 41.88
Resistance: 35.00 / 38.00 / 40.00
Support: 33.30 / 30.00 / 29.00
DOT clear uptrend !!DOT / USDT
i believe this coin still have much room of growth this year ..we can see in chart clear uptrend
My last buy signal to my members was given at 18-19$ and still holding
We can see in chart
Play in ascending broadning wedge
Every time daily candel touch 20 EMA = PUMP
🚨 Invalidation of uptrend = daily candle close below 20EMA or loss of lower trendline
Good luck