Dotlong
DOT/USDT Ready for another 248% Gain..?#DOT/USDT TA Update:-
$DOT currently trading at $34
Already 280% up from bottom.
And I told to buy at every dip and also mentioned on Twitter.
Now..?
Right now $24-$28 is very strong support level.
Recently also Strong bounced back from this level.
$DOT is Potential for long term and My target will be $100 in mid term.
I am accumulated between $24-$28
If again market dump then I will add more $DOT
New Entry:- $28-$34
Targets:- $39/$48/$80/$100
Stop Loss:- below $24 I will exit and wait for next entry.
Support:- $28/$24
Resistance:- $39/$48/ATH
DOT explosion?Here we go, guys. This baby is boiling up. DOT has broken resistance with great volume and has now been successfully retested. It is a great buy opportunity with 36 as a target. How BTC will behave in the next week or so will dictate how fast DOT will reach its final short-term target of 50 dollars. A 3-month HnS has been complete. However, DOT now has to hold above the resistance without falling below the old low. Right now, it looks really healthy and ready to shoot up.
Tomorrow I will plan a live stream if you are interested, where I will go through BTC structure and my thoughts on possible future movements.
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DOT LongDont usually trade dot because I think its a piece of shit. Most new scams are - and no, just because everyone on Twatter says its amazing, does not make it so - it does more than likely mean they are selling you their coins, however. Looks good here though, I must admit, and id be lucky to get a long at marked levels.
DOT 4H uptrend price actionThe current impulse wave faced a resistance area (purple PRZ) which price showed lots of reactions to this area before. the short term correction wave can be ended if the price shows a meaningful reaction to the static PRZ (green PRZ) which is reinforced with level 38.2 of Fibonacci retracement. if the price break this PRZ down with a full body candle it can decrease to the bottom line of the channel where the level 78 of Fibonacci and static PRZ (blue PRZ) can support the price.
I appreciate your comments and feedback
Polkadot to 100$Making it Quick,
if BTC starts now his second BulllRun impulse, Altcoins will follow the King exponentially.
Polkadot fell down to his Bottom 10$ and potentially could make 10X to a new ATH.
This is the moment where you make the money comes in.
Remember to manage your invest on the Run like you did manage your invests on the last Dip.
Gains should be taken Partially and never go all in for Security.
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Trading Parts :
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- Security TP : 40$
- TP1 : 50$ ATH (April 2020)
- TP2 : 75$ ( Fibo 61.8)
- TP3 : 88$-100$
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Happy Tr4Ding !
Polkadot Buy Signal from Script triggered: EMA Crossover SMAConfirmed reversal, Polkadot Buy Signal from Script triggered: EMA Crossover SMA just below the 23.60% fibonacci level, 43% gain from here to retest the 200 MA. Use buy zone to map your buys. Swing target from here is 160% gain from $18.92 to $49.75.
Current Price Targets: $25, $34, $49 & Swing @ $60. Happy Trading :)
See previous analysis below.
Polkadot (Dot) Buy opportunity! Potential 50%+ 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 .