DOTUSD
DOT/USDT Chart$DOT has a strong support at 27$, a long to 32$ is the scenario that I'm predicting. The S&P 500 index will also go up, which means that crypto should go up. With that being sad, a long position to DOT seems reseonable. Quick reminder that I'm not a financial advisor. Like, follow and comment your thoughts.
DOT/USDT - Potential 138% investment setupHello Traders!
During August-September, the ecosystem trend is actively unfolding in the market.
DOT (Polkadot) is one of the leading networks with a large number of projects and developers. Buying such an asset as an investment is the least risky.
It is reasonable to take advantage of the correction and buy the asset at a discount.
The first part of the position can be bought in the $22.00 - $25.00 range.
The second part is in the range of $16.50-$19.00.
Stop loss at $14.00
Target price levels would be
$34,40
$40,00
$45,50
Good luck and watch out for the market
P.S. This is an educational analysis that shall not be considered financial advice
DOT_SHOT , 20USD ~ 25USD 2021_09_28 Hello
This is a polka dot chart.
Most coins are downtrend.
In fact, I'm keeping my short sell and I personally think Bitcoin hits 38K.
I have a personal opinion that Bitcoin will go up after reaching 38K, so after Bitcoin reaches 38K, I will buy back and watch the ups and downs before going into a short buy.
this is just my personal opinion
Good luck everyone.
2021-09-28
DOTUSDT Head and Shoulders is forming!/Bearish ProspectiveBYBIT:DOTUSDT
4H trend chart
-
From 9/22, Price rallied back to 33.495 which level is the invert Fibonacci retracement(0.382) after touching 25.505
Then pullback is ongoing and form a Head and Shoulders pattern.
Currently, observe price will fall down 25.505, which is Neckline of H&S.
If there is a candlestick get down through the neckline, H&S pattern is confirmed.
-
Short
Profit Targets:
a) 21.910-20.4551-----Fib(1.272~1.382)
Stop losses:
a) 25.505-----Neckline
-
However, should note the Key Zone is not only the Fib(1.272-1.382) level, but also Vegas tunnel_144/169ema.
So it would easily show a support in the key zone.
Bullish traders can observe if price rallied back to 144/169ema, despite price had touched 20.455.
Next, it would transform into consolidation, then expect bullish continuation goes on.
DOTUSDT, a potential H&S on 4hDOTUSDT seems to be forming a H&S pattern on 4h. It all depends on how BTC behaves the next few hours. Today is the day of options expiry and if BTC pullback, DOT might form a H&S pattern and move down further.
I am looking at key levels. If you are looking to long DOT, please be wary.
If you are looking to buy on spot, I would be looking at key fib levels to buy (~$25, as my first buy limit order). None of this is financial advice.
DOT - two scenarios 🤔😱As long as bitcoin is in consolidation or rising a bit, this is a good opportunity for altcoin, but so far there has been no local correction in bitcoin, which is worrying, so we have to be very careful with trades now.
On the DOT chart, there is an important support level of $35 and also a sloping trend line. If the price breaks the trend line, it will be a signal for continued growth. If the price breaks through the support, it will be a signal for a local correction.
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
Graph Blockchain GBLC Appears to Have Bottomed OutGraph Blockchain Inc.is a leading-edge blockchain solutions company providing shareholders exposure to a variety of Decentralized Finance (DeFi) opportunities from Altcoins to Non-Fungible Tokens (NFTs). In 2021, it has acquired New World Inc. (Augmented Reality NFT Sales and Distribution Platform), Beyond the Moon Inc. (Leading Crypto Launchpads), and Babbage Mining Corp. (Altcoin Mining & Storage and Proof of Stake Mining).
Here are some reasons I'm excited about this stock:
- This company had a huge bull run in Jan 2021 from only 2 Cents to a whopping 49 Cents - that's a 24.5x return in 8 weeks!
- As you can see on the chart, the 5 Cent level was a resistance level for this stock in 2019 and 2020, and the bull run started as soon as this level was broken. Currently, this stock is making a double bottom pattern at the same level, potentially turning it into a support for the next move up.
- While the double bottom is forming, notice that the MACD and RSI appear to be making higher lows on the weekly timeframe, which in my opinion is a bullish divergence in the making.
- The company is very active, as is evident from the constant positive news coming out from their media relations department. Just search GBLC on Google News, and you can see for yourself.
- In April 2021, the Company announced a $1,000,000 staking capital investment into Polkadot (“DOT Token”) and $500,000 into Cardano (“ADA Token”), and I believe they will announce their earnings from these investments in their upcoming earnings report on September 29, 2021 (date source - TradingView).
- The company made several promising moves in the last year, all of which are summarized in this article announcing their annual report: investingnews.com
These all look like good signs to me, so I'm looking forward to seeing this stock rise in the coming weeks. I believe if BTC and Altcoins continue to perform well against the US Dollar, then this stock should also perform well, as it did in January.
Disclosure: The author holds shares of GBLC (Graph Blockchain) stock discussed in this idea.
Disclaimer
No Investment Advice Provided
Any opinions, chats, messages, news, research, analyses, prices, or other information contained in this Post/Idea or in connection with it are provided as general market information for educational and entertainment purposes only, and do not constitute investment advice. This Post/Idea should not be relied upon as a substitute for extensive independent market research before making your actual trading decisions. Opinions, market data, recommendations or any other content is subject to change at any time without notice. I will not accept liability for any loss or damage, including without limitation any loss of profit, which may arise directly or indirectly from use of or reliance on such information.
I do not recommend the use of technical analysis as a sole means of trading decisions. I do not recommend making hurried trading decisions. You should always understand that PAST PERFORMANCE IS NOT NECESSARILY INDICATIVE OF FUTURE RESULTS.