Dotusdtlong
DOT complex correction is completedAs I said in the latest analysis about DOT, it was forming a expanded flat correction.
But after BTC collapsing, it seems the correction changed its formation to a complex one (as you see in the chart).
Also I think it's completed and will begin a impulsive wave soon.
$DOT - likely to find $60 soonNo double fake-out thesis playing again well
Mega day yesterday which wasn't completely expected
Eth money will likely rotate here also so that will help fuel it higher
I can't see there being too many dips in this unless BTC dies of death as it looks v solid
Just backtested 4H support and pushing through 4H resistance
DOT/USDT Fib and Pitchfork ProjectionsHello everyone, Cosmic here, will keep it short and sweet.
DOT/USDT
-Month is green
-Week is green
-Looking strong
-Pitchfork showing our path up over next few months, before entering BEAR market
-FIB suggests targets of:
$50-$65 - next few months, maybe $100 if we go parabolic
Thanks for your time! Please like, share, and subscribe!
Polkadot DOTUSD Possible Bullish ScenarioThings to Note:
1. Price moving in Megaphone Pattern for the last 2.5 months
2. The target level of this pattern on the upside is $35.
3. Nearest support zone lies at $28-30
4. On the downside, if 28-30 doesn't hold, we can see $20.
5. Since we are in the Bull market, it is more likely to BO to the upside.
P.S: This is NOT investment advice. This chart is meant for learning purposes only and is a part of my personal journal. Invest your capital at your own risk.
DOT Big Comeback! - Fibonacci AnalysisDOT is coming back with a BANG! It bounced back of strong at 0.78 Fib support and heading North.
Buy Zone: $32 - $38
Take Profit #1 $45,89
Take Profit #2 $48.27
Take Profit #3 $53.90
Disclaimer: This is not a financial advice. This information does not provide individually tailored investment advice and does not take anyone’s circumstances into consideration when discussing investments, nor am I registered as an investment adviser or broker-dealer in any jurisdiction. Information contained herein is not an offer or solicitation to buy, hold, or sell any cryptocurrency.
DOTUSDT Double BottomsDOTUSDT has created Double Bottoms and completed a strong bullish breakout.
After the breakout, we have seen throwback from 37.71 the broken zone and now waiting for trading volume to open a buy trade near 45.00 to 47.
NOTE: Only buy when you see volume in the Circle. Otherwise, the setup will be invalidated.
Buying Zones
BZ1 45
BZ2 47
Stop Loss
37.15
Short Targets
TP1 52
TP2 60
Long Targets
TP3 70
TP4 76
It's a Spot Trading Setup. You will be responsible for any loss if you take in the Futures.
Happy Trading!
DOT/USDT : possible chance for pullback !BINANCE:DOTUSDT
Hello everyone 😃
DOT is reaching support zone.
On current level there are3 factors that can supports DOT's movement.
- Heavy support zone.
- Bullish trendline begins from 15th February.
- Bullish trendline begins from 24th March.
Also there is 100 MA on ( 4H TF ) which is reaching support zone.
📌 How ever Funding was so high and now we are facing a correction cause of it, But majority for Market is bullish !
🔴 Below current support zone will make it harder for DOT to pullback, so you can set your SL with 6H candle close below zone.
Attention: this isn't financial advice we are just trying to help people on their own vision.
Have a good day!
@Helical_Trades
DOT, Polkadot - new update📍As I said, DOT broke out an important strong resistance line. Now I wait for a retest to a key level(a great position to buy) and further growth. It's important not to break the trend line. If that happens, I will write my idea of what to do next.
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