DOTUSD D1: 1000%+ gains THE BEST Level to BUY/HOLD (SL/TP)(UPDATWhy get subbed to me on Tradingview?
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DOTUSD D1: 1000%+ gains THE BEST Level to BUY/HOLD (SL/TP)(UPDATE)
IMPORTANT NOTE: speculative setup. do your own
due dill. use STOP LOSS. don't overleverage.
IMPORTANT NOTE: read entire idea before
execution. Tagged as BULLISH because I expect
reversal once we hit 8/9 USD.
🔸 Summary and potential trade setup
::: DOTUSD D1 chart review
::: chart looks good /strong
::: HOWEVER short-term
::: expect 40-50% correction mode
::: setup still valid as of right now
::: previously massive BULL TRAP after
::: FAILURE to break CYCLE HIGH
::: get ready to BUY LOW later
::: expecting BEAR TRAP near 8/9USD
::: i.e. FAKE BREAKDOWN of key S/R
::: best reload bulls near 8/9USD later
::: expecting 1000% bull run
::: re-test of sliding S/R line
::: near 100 USD later
::: BULLS stay out be ready later
::: expecting short-term correction
::: BULLS get ready to BUY after CORRECTION
::: TP bulls is +1000% gains later
::: expecting decent gains soon
::: 40-55% CORRECTION short-term
::: recommended strategy: BUY/HOLD after CORRECTION
::: TP BULLS +1000% gains / 25 USD
::: BEST reload BULLS near 8-9 USD
::: TP BULLS is 100 USD final EXIT
::: SWING TRADE: BUY/HOLD IT
::: bull run not over yet
::: good luck traders!
::: BUY/HOLD and get paid. period.
🔸 Supply/Demand Zones
::: N/A
::: N/A
🔸 Other noteworthy technicals/fundies
::: TD9 /Combo update: N/A
::: Sentiment mid-term: BULLS
::: Sentiment short-term: BEARS/PULLBACK
RISK DISCLAIMER:
Trading Crypto, Futures , Forex, CFDs and Stocks involves a risk of loss.
Please consider carefully if such trading is appropriate for you.
Past performance is not indicative of future results.
Always limit your leverage and use tight stop loss.
DOTUSD
Polkadot Analyze (Road Map)!!!🗺️Polkadot is one of my favorite blockchains. first, I have to say sorry for the busy chart but I tried to analyze it completely for you 🙏.
Polkadot Analyze ( DOTUSDT ) Timeframe Daily ⏰ (Log Scale)
Location 🌊: Polkadot has passed its 5 impulsive waves and now it is running on the corrective structure . if I want to say exactly about the location of Polkadot, it is moving in microwave C of Main wave A . The structure of microwave C of Main wave A can be Ending Expanding Diagonal .
🔅 Classic Patterns of Technical Analysis : If I want to analyze Polkadot with Classic Patterns of Technical Analysis, you can see the Head and Shoulder Pattern that Polkadot was able to break its Necking Line and now it is pulling back to Necking Line.
Where is the End of Main wave A ❗️❓
🎯 Target 1 🎯: 13.2$ unti 12.8$
🎯 Target 2 🎯: 11.2$ unti 10.2$
🔴 Resistance Zones 🔴 & 🟢 Support Zones 🟢 that we have in front of Polkadot .
🔴 Resistance zones on Polkadot's way :
🔴 Resistance zone : 54$ until 49$ (Resistance + Cluster of Fibs)
🔴 Heavy Resistance zone : 42.2$ until 37.8$ (Resistance + Cluster of Fibs)
🔴 Resistance zone : 29.6$ until 28.3$ (Resistance + Cluster of Fibs +Yearly Pivot Point)
🔴 Heavy Resistance zone : 24.6$ until 23.2$ (Resistance + Cluster of Fibs + Necking Line + SMA50+ Resistance Line)
🟢 Support zones on Polkadot's way :
🟢 Support zone :17.3$ until 15.6$ (Support + Cluster of Fibs)
🟢 Support zone : 13.2$ unti 12.8$ (Support + Cluster of Fibs +🎯Target 1🎯)
🟢 Support zone : 11.2$ until 10.2$ (Support + Cluster of Fibs + Head and Shoulder's Target +🎯Target 2🎯)
Do not forget to put Stop loss for your positions (For every position you want to open).
Please follow your strategy , this is just my idea, and I will be glad to see your ideas in this post.
Please do not forget the ✅ 'like' ✅ button 🙏😊 & Share it with your friends, Thanks, and Trade safe
Falling Wedge in Polkadot combined with a Bullish Divergence!Hey Traders,
As you can see on the 4HR of Polkadot (DOT.) The price action has formed Lower Lows and Lower Highs symptoms of a falling wedge! The price target out of this pattern would be at $23 (+22%). In the rare case it does break down, the target for that is $14 (-18%). There is a 70% chance Falling Wedges breakout to the upside and a 30% chance they fall to the downside. However, I think there is a VERY good chance we breakout mainly due to the Momentum Oscillator (RSI) showing a Bullish Divergence with Higher Lows while the Price is in a Decline.
Safe trading,
-Pulkanator
Long DOT - Discounts on PolkadotDOT - without any doubt we are very BULLISH on Polkadot. We believe it's a great discount and a perfect time to start investing.
Please go and DYOR on the project, if you don't know that much about it yet.
The coin is highly susceptible to Bitcoin Dominance and has not yet corrected in the same manner, this is however temporary.
There is a very strong support level of $17.37, which is very well held, it is also sitting on our trendline. We are not chasing a couple of cents here and there on the price. We are buying and holding. As you see there is a small SL under the support and trendline. That is in case Bitcoin starts falling and Dot follows, we will then be adding even better long positions, at a more favourable price.
We believe that DOT at $18.5 is an amazing discounted gift. Like someone offering you a brand new Mercedes-Benz G-Class for 20k today. You find the money and you purchase it :)
Targets: $30.9 | 35.4$ | 40.3$ | $47 | $51 | MOON?
DOT/USD LONG 4hr DOT managed to break through resistance at 19.0. Further uptrend movement could be in (short term). Chart also formed a double bottom at 18.0, this is a bullish signal
Worth nothing that resistance level at 20.7 is strong, be cautious.
entry: 19-20USD
target 23 USD
Not financial advice.
Polkadot | Weekly TimeframeThis is the last Altcoin we will look at today.
Polkadot (DOTUSD), weekly (W) timeframe.
We have the same base as the other Altcoins we looked at, namely ETH, ADA & SOL.
That is a bearish candle this week with bearish indicators.
Both the MACD and RSI are trending lower.
The mixed signals here are coming from the ascending trendline of the giant flag drawn.
The rising trend-line can work as support and the uptrend resume... If this support fails we are likely to see lower.
I also looked at the 3 Line Break and Renko charts and they are fully bearish...
We will know soon anyways.
Thank you for reading.
Wishing you a lovely Sunday.
Namaste.
DOT returned to support at the price $ 18.65Hi, let's take a look at the 4H DOT / USDT chart. We can see that the DOT valuation has dropped below its previous support and below the local uptrend line.
We can currently designate 3 levels of support at prices: $ 18.65, $ 17.41 and $ 15.83. The DOT price has rebounded from the first support and remains at $ 19.
Looking above, it is worth determining the 3 resistance points that price has in front of it on the poisomes: $ 19.74, $ 20.37 and $ 20.91.
It is also worth paying attention to the CHOP indicator, which shows a decrease in energy in the 4H interval and the MACD indicator, which shows that when the blue linen cut the red one from the top, the price began to drop.
DOT Diem fundamentals dissolve, more bullish on SOL nowTo keep this short, it's now very public knowledge that Diem is no longer being pursued by FB and therefore the fundamentals have decreased for DOT. I still remain bullish on DOT but this is likely going to play out over a longer period of time. I would diversify into market leaders like SOL in the meantime and get some exposure to this top project as I've spoken to some developers and they speak about the ease of use with Solana's programming language which is a game changer in terms of onboarding legacy developers into the crypto world.
Here's my latest post on SOL:
What if $DOT has just completed the very first wave in its cycleI really like Polkadot and its solid way of building the ecosystem step by step. In the previous post, I did assume $DOT would move the Elliot Ending Diagonal with the BTC's downtrend.
But in this post, I make a new idea in long term for this token in case BTC has finished the downtrend and will keep the bull run this year. I realize the big channel between the peaks and dips, $DOT could be seemed to just complete the running flat correction in the first wave in its cycle.
If this idea comes true, how big the next wave will be large? But at least in short term, I will hold and stick to the Fib Retracement levels.
If you agree with this idea, please give me a like and share it.
Thank you
NFA