DOTUSD
$DOT DESERVE MORE THAN THIS. > $100BINANCE:DOTUSDT
i don't need to explain that chart, $DOT will move massively soon or later. diamond hand mode on! hahaha
DOTUSDT Consolidate and wait for entry!/Trading StrategyBYBIT:DOTUSDT
1H trend chart
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With the strong support zone, that was formed from long-term neckline, and the upper downtrend line.
Both keep price converging in a triangle formation, direction is still unknown.
So just wait for a break from this triangle.
If the upper downtrend line can be broken out, trading strategy as below.
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Profit Targets:
a) 35.320----Fib(1)
b) 37.005~37.685----Fib(1.272~1.382)
c) 41.510-----Fib(2)
Stop losses:
a) 32.430----Redhorizontal ray
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Trading is a reflection of yourself. Learn more daily and be ready for every opportunity.
Have a nice trading!
DOTUSDT RTM setup#DOTUSDT coin is heading forward to an unused #MPL (big boys order block) in the future, we expect reversal from there to the 35.560.
Polkadot Incoming Breakout?DOT is coming up to test some key resistance levels at 37 and 40 respectively. If we manage to break and hold these two levels, the price will look incredibly bullish . That will lead a buy signal which could push price even higher.
DOT RUNNING! - UpdateDot has broken past the local golden pocket and the final major local resistance, and is currently pressed against the top of the major golden pocket,. which tracks back from the May - July dip.
Chart Patterns:
Dot rejected the bearish head and shoulders pattern that I had previously predicted on Sept 30th.
The Head and Shoulders pattern from September could be looked at as a symmetrical triangle with a target price the length of the tail (around $44)
The technical indicators shown:
MACD - Has turned up and is bullish green, which signals to me that DOT will break farther upwards.
RSI - Shows bullish RSI divergence moving forward. Note, I have the bearish RSI Divergence marked from April - MAY which signaled the major dump. The bullish RSI divergence SHOULD be the same, but opposite, strength as what we had in May.
Fix Range Volume indicator: Shows we have broken past the volume resistance.
ITG Scalper - Shows a buy signal from about a week ago.
My strategy:
First off, I would like to note that DOT in my opinion has been manipulated HEAVILY in the last few months and should be a top 5 project.
I closed position between 38 and 36, and started looking for a buy position when DOT bounced off of the $26 mark. I entered around the $28 mark and currently holding that position.
If we bounce off of the golden pocket with force, I will close position and look to reenter around 30, or on the break upward past the golden pocket.
If we break past the top of the golden pocket, my targets are: $44, $50 (this is ATH), $62.
Currently looking for a price target at the end of the bull run $100 by December, $250 if extended.
This is not Financial Advice.
DOT/USDT BUY SIGNALPrice just broke above the resistance area, implying bullish domination. We would expect the rally to begin, resulting in a 20% price increace.
DOTUSDTAfter consolidating and finding immense support above the 50% Fib level for over a month, it seems DOT is finally ready for the next move up. Initial targets of previous highs at around 45.00 and a longer-term target of 54.40 where the completion of AB = CD will occur.
DOT Great BuyThis upward cone has formed with two distinct formations within it
the first expanding, the second contracting
after these formations finish bullish action is experienced (in green)
And we have just finished the contracting formation (green)
also see chart below
Chart of the Day: DOTUSDBreakout with increasing relative strength, expanding positive MACD and 20EMA Daily clearing from the 50EMA Daily
I appreciate if you write in the comments all your questions and instruments which you would like me to see analyzed.
Thanks for pushing the like button, write your comment, and share with your friends. I would like to thank in you for all your support.
P.S. It's important that you make your own analysis and trade within your risk parameters.
DOT breakoutDOT broke out of our triangle pattern that has been forming since late august. We can see a strong bullish candle just tapping the most recent resistance level. If it closes above I will consider that a strong entry point.
We can also see the 50MA curling up and looking like it's about to form a golden cross. Volume seems to be increasing as well although there is room for improvement on that front.
NeutralHi guys, Polkadat seems to be forming an inverted head and shoulder pattern and can make a good profit by breaking the neckline.
#DOT
#Dotusdt
Spot🌟
❇️ Enter : 30$ & 32$
Enter 2 : Shopping after Break August
Target : 38.3$/45.9$/55.18$/63.4$
🚸 Stop loss : 29$
