POLKADOT BULLISH SCENARIOSpolkadot last bottom zone for me is 5 dollars and I think I will buy from there if it falls. I think these two scenarios will develop, stay tuned. fibonacci levels are very important.
Dotusdlong
DOTUSD BULLISH LONG TO 11.814DOTUSD BULLISH LONG
LONG FROM (NOW): 7.749
consolidation area 1: 7.557 - 7.906
consolidation area 2: 10.843 - 11.838
TAKE PROFIT: 11.814
i will be waiting for this to continue to: 14.088
but for now, SL: 6.512
entry:7.749
take profit: 11.814
DOTUSD - A Quick 10% Gain After Breaking Trend LinePolkadot seems to have just broken through that long descending trend line after testing this line a few times historically. There's a good area for the price to head to of recent consolidation so we'll be aiming for around 10% gains to reach the bottom edge of this area after a Buy signal from Crypto Tipster v2.
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Polkadot - Bullish medium-term scenario - Potential 50% gainsPolkadot forming a long-TF ascending triangle on Daily
2nd bottom & re-test of the ascending triangle seams to be confirmed by:
- RSI bottomed and about to breakout (same levels as mid-july 2021 selloff)
- Current overall market reaction
- 23.6 Fib level acting once again as nice support
- MA 100 & 200 seem to re-create a similar pattern as during mid-july 2021 selloff
Potential 50% gains until EO Feb 2022.
Entry at 19-20$
Stop loss at 17.90$
--> Target 28-31$
Happy Trading!
#Long DOTUSDSymmetrical triangle breakout observed from top.
TP set as per back of the triangle
Stoploss set few pips below the bottom slope of triangle
DOT/USD: Bounce Higher Shakes Off Dust After Mid-Term LowsOn the 20th of December, DOT/USD was near the 23.5000 mark and treading depths not seen since late August. However, in the past week of trading, DOT/USD has climbed higher and produced a solid incremental surge and is now within highs not demonstrated since early December. As of this writing, the price for DOT/USD is close to the 31.6000 level and the price of Polkadot is correlating rather politely to its major counterparts which have seen gains the past week.
Before traders decide to jump on the bandwagon based on the belief another surge higher is about to be exhibited by DOT/USD, they should make sure they keep their ambitions in check. The holiday season can produce strong volatility due to volumes being rather light and producing imbalances. This allows big trading positions in which Polkadot is being bought and sold via exchanges and cryptocurrency wallets to effect values quickly.
On the 4th of November, DOT/USD was trading near 55.0000 and had punctured highs made in May of 2021 with a strong demonstration of strength. However, since attaining these apex highs almost two months ago, Polkadot has struggled to find renewed buying momentum and it has gradually traversed lower, hitting rather nervous depths only one week ago. While the run upwards the past few days has been impressive and scored large percentage moves for short-term traders, the trend should be viewed cautiously.
As DOT/USD continues to bounce along the 31.5000 to 31.6500 level, traders may prove wise to wait to see if the early December values can actually be challenged. Conservative traders who are opening new positions of DOT/USD and want to wait for the next surge of momentum higher to indicate an ability to penetrate resistance levels may want to wait for the 31.9000 level to be penetrated and sustained.
Aggressive traders who feel that DOT/USD has ability to climb higher in the short term and want quick trades could look at this resistance as a take profit location. However, traders need to make sure their transaction fees allow them to look for fast trades if they are attempting to scalp pips.
Traders who are skeptical of the sudden rise of DOT/USD and want to be sellers may look at the current price realms as overbought. They should use stop loss orders correctly in case their technical analysis doesn’t meet expectations. DOT/USD is in an intriguing trading area and speculators may be attracted to the cryptocurrency if they want to make short-term wagers.
Polkadot Short-Term Outlook
Current Resistance: 31.9100
Current Support: 30.6700
High Target: 34.2500
Low Target: 28.1100
Dot means Directly landing On The moon 2 Scenario
Bullish Red brush drawing "Somewhere inside box will be ATH for current cycle"
Very bullish Green drawing
depending on channel
higher probability is red
Below 26 = wrong count
NeutralHi guys, wait for the break if the bulls manage to support the downtrend the initial target is $ 42.94 and if the bears succeed in pulling the price down the uptrend the price will have a return to $ 38.11.
I love you. Good luck 🤍
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$
DOT is bullish?Now we are supported at 26-28, This is a strong support and we are still in up trend. now is accumulate the volume, we can see a huge pump if bitcoin price is going up. So, we have to wait and see. If it break 33, i think going to 40-45 is not an issue.
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DOT is in an uptrend, The trend is your friend. You will never know when the trend ends, on the 4H Chart, it's textbook analysis that we are trending upwards.
Until you see a rejection in more upside, and breaks the trend line, you can consider some shorts, as for now, you're good if you're long.
Take profits when it breaks the trendline on the 4h chart.
