Polkadot #DOT 1D LOG ChartAssuming it following in the parallel log channel, Nov 15 high/low noted in the chart.
Fundamentally, DOT is a good project and has strong growth potential.
What are your thoughts? Comment below and hit the like please. Thank you!
Disclosure: This is just my opinion and not any type of financial advice. I enjoy charting and discussing technical analysis . Don't trade based on my advice. Do your own research! #cryptopickk #bitcoin #altcoins
DOTUSD
DOT, 60, 100 or 180❓❓❓I have un-stake my DOTs and ready for TP, The end of this bull cycle is near.. December or maybe January.
PolkaDot is one of my favorite coins, I believe it has very strong fundamental back-up and it will be an important part of crypto future.
The TA is simple by combining some different Fibonacci in normal and logarithmic chart I came to this analysis, that you can see on the chart.
Don't forget to hit the like button if you like this analysis and feel free to ask me your questions or your ideas in comment section ;)
DOT resistance touched and now ? DOT finally got to his resistance area at 48$ and therefore as completed 1st target.
Now of course i wouldn't recommend buying here as the resistance could reject the price. I see 2 possible plans :
1 : Prices break and close in Daily above the resistance area (above 51$) and we would look at pullback between 48$ to 51$ to enter long.
2 : Prices get rejected and go find support at 45$ level, which could act as support before a break of the main resistance.
If i would be already long i would take some profit there and wait for lower prices to enter long again. I don't have a clear view so i would be waiting for option 1 or 2 to happen before acting.
✅DOTUSDT - We call this Surge, Hit our 2nd TP in 3 hrsBYBIT:DOTUSDT
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Congrats for those following this strategy!
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As usual, do not forget to take profit at 2nd TP we set, you can hold the rest until TP3.
Just take it anytime you satisfy.
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Also, I set a new SL $44.825 for you to protect your unrealized profit.
Have a good day!.
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If you like this analysis, smash the like button and leave a comment below to share your thoughts
or let me know what crypto you want to see!
Trading is a reflection of yourself. Learn more daily and be ready for every opportunity.
Have a nice trading!
DOTUSDT Analysis (Long term) 1D trend chart
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We have a breakout from $41 resistance. The long term trend shows that new resistance will create at $49. If it broke outs which a continues uptrend is showing that it will broke out, it will fly to $56 to $70
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Profit Targets:
a) 55.83----Fib(1.168)
b) 62.94----Fib(2)
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Stop Loss:
41 --- Fib(.786)
I provide 2 SL, depended on the risk you can take!
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If you like this analysis, give it a like and leave a comment below to share your perspective
or let me know what crypto you want to see!
Trading is a reflection of yourself. Learn more daily and be ready for every opportunity.
God Speed!
DOTUSDT - Entry Timing?BYBIT:DOTUSDT
1H trend chart
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DOT has built a double bottom pattern.
Now it just broke the neckline in 1H chart.
If price can be keeping here w/o wicks top, trading strategy as below.
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Profit Targets:
a) 46.035----Fib(1)
b) 46.7~47.415----Fib(1.272~1.382)
c) 60.445----Fib(2
Stop losses:
a) 41.050-----Red horizontal ray
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If you like this analysis, smash the "like button" and leave a comment below to share your thoughts
or let me know what crypto you want to see!
Trading is a reflection of yourself. Learn more daily and be ready for every opportunity.
Have a nice trading!
DOT calm trend and accumulationDOT continues on its leisurely path, without much hesitation. Is DOT waiting for bigger waves? for sure but before that there will be a lot of fear in the market, it's worth having a stop loss
DOTUSD: Round 2After successfully destroying the sell with the team, we are looking to push the price back up into the highs and think this could be a great entry point.
I am entering this swing buy, details are below.
Trade at your own risk & discretion.
BINANCE
Pair: DOTUSDT LONG
Leverage: Cross 25x
Entry: 42.643
Targets: 46.986
SL: 41.240
1:3R
DOTUSD Analysis 30/10/2021Update from previous analysis:
Last time I spoke about Dot I did say I favoured the downside short term and also commented on my buy positions being from $41 down to $39.4, I didn't quite call the exact bottom but I was within 1% of it and all of my buys did get hit which resulted in a scary (for 2 seconds) but very profitable trade.
Right now and for the past couple days DOT has been too risky for me, the market has been so volatile and I am glad I haven't FOMO'd in yet. we are currently finding support at my green line here as I am writing this but it is being tested a lot I actually favour a break to the downside and this is where I will be making my next long move. I have taken a fib from the top to the bottom to look for bearish retracement targets, first target for a small entry would be the $42 level then a strong support is at the 41.70 being my trend line which has held lovely throughout, we have not seen a candle close below this trend line in weeks, also you can see the golden pocket (0.618) fib is exactly at the 41.70 level so I am hoping that will be enough to not allow a candle close below this level.
Highly anticipated Polkadot Parachains auction is bullishHello everyone,
It's been a while, i've been very busy with The OWL channel. Here is a DOTUSDT chart. Polkadot is looking good, KDJ is green on every timeframes and DOT keep creating higher high..
Resistance to watch :
0.9 at 44.58$
1.23 at 57.06$
Going over 57$ and confirming 57$ new support can trigger another swing to :
161.8% = 68.55$
175% = 72.30
200% = 79.41
261.8% = 96.99$
Last 2 weeks candle push us over the last tweezer top resistance (green dots lines).. Now not much resistance left until last ATH and the 1.23 fib.
Parachain Auction will start soon for Polkadot... first auction is slated to begin on Nov. 11.
Which you the best ! Crypto Mercy
Polkadot ready for a swing to 68$It's been a while, i've been very busy with The OWL channel. Here is a DOTUSDT chart. Polkadot is looking good, KDJ is turning and the RSI is responding, no divergence on the last higher high.. We are now very near a new ATH...
What to watch : Resistance 1.23 at 57$
Going over 57$ and confirming 57$ new support can trigger another swing to :
161.8% = 68.55$
175% = 72.30
200% = 79.41
261.8% = 96.99$
Last 2 weeks candle push us over the last tweezer top resistance (green dots lines).. Now not much resistance left until last ATH and the 1.23 fib.
Which you the best ! Crypto Mercy
DOT - UPDATE! LOOKING FOR A BOUNCE!AS IS THE REST OF THE MARKET! WE'RE LOOKING FOR A BOUNCE! This will depend on the BTC idea I posted (see link below)
A couple spots to watch are identified in the chart. We're in a very volatile area of the markets right now BUT I think we ARE NEAR the bottom of that!
CAUTION TRADERS AND LEVERAGE USERS!
IF YOU HODLING - NO WORRIES! THE MARKET SENTIMENT IS STILL BULLISH AND THIS PULLBACK IS NORMAL
*This is NOT financial advice. This is just an IDEA based off my experience analyzing charts and studying crypto. I recommend researching cryptocurrency because of the potential for you to become A BELIEVER of this technology and its future (FUNDAMENTALS ARE WHAT MAKE OR BREAK CRYPTO) IF YOU HAVE THIS, INVESTING BECOMES MUCH EASIER!*
DOTUSD: Amazing Sell OpportunityDOT has really caught my attention over the last few days.
It seems like price wants to return to mitigate the sellers from the head and shoulders breakout.
Once we eliminate these sellers, liquidity will be created and we could potentially sell DOTUSD all the way down into the equal lows.
What do you think of this analysis?
Please, support this post with a like and comment!
DOT Remains bullish.. Target 50USD+Dear traders,
I've posted earlier some trade idea's regarding DOT, here is an update regarding latetst DOT trade.
The pattern DOT is currently forming, is mines insights an leading diagonal wave 5 pattern of the major wave 3.
So we remain bullish and will compound profits on the major wave 4 dip. Wich is expected around .382 and 100% projections wave 1-2.
From there we remain extremely bullish since DOT will target AT least the major wave 5 target 50USD.
After completing this wave pattern, there is a possibility to have a dip on the minor cycle wave 4 pattern.. however that is still long time to go.
So I need to observe the development of the major wave 5 and will update count as is needed.
So stay tuned and keep a watch on me as I will frequently update some counts in EW perspective.
Currenlty still holding LONG dot positions ..
DOT TrendPolkadot price is going through full-size resistance as it sits interior a supply region. Clearing this barrier will open the course for DOT to retest its all-time high and set a new one.
Polkadot price is presently consolidating inside the $40.06 to $48.34 supply sector.
DOT would possibly dip to the $37.50 support floor from wherein it could catalyze a 65% bull run.
A decisive close under $33.27 will invalidate the bullish thesis.
DOT/USD Analysis 24/10/2021update from previous analysis:
previously we were looking at a rising wedge for DOT but a break to the upside actually looked favourable, we done exactly what I mention on all of analysis's which was a swing fail to one side before a sharp drop the other direction, I marked the bullish target on that analysis but we actually came down and perfectly met my bearish target. we have consolidated ever since, there is clearly a large amount of volume in this area.
we have formed a penant here and a breakout is inevitable, I am going to say that I actually favour the downside I think everything needs a nice sharp drop tomorrow let the RSI and MacD reset on larger timeframes like the 4hr/ daily.
I have marked notable price targets, personally I have buys starting to average in from the $41 level and more buys down to $40, I think we could possibly see 39.5 but DOT is one of the most bullish coins in crypto right now so I think the buying pressure at these levels will be insane.