DOTUSDT LONG ENTRY - SORRY TO ALL BAGHOLDERS - You're prob screwThis is a BULLISH BUTTERFLY harmonic. The PCZ (buy zone) is between the 1.272 and the 1.414. If you are currently holding a bag, consider setting a stop loss before you get REKT.
DOTUSDTPERP
DOTUSDTUse risk management!
Use risk management!
Use risk management!
Use risk management!
Use risk management!
Use risk management!
Use risk management!
DOT near DEMAND ZONE (Accumulation Going) - Ready to FLY#DOTBTC TA Update:
1. Zone 1 was Ascending Wedge which always follows a downward movement as it did.
2. Zone was a Falling wedge or we can say it was a distribution zone. After this, usually, Consolidation/Accumulation happens which happened in ZONE 3.
3. Zone 3 at the moment, is where accumulation is happening. DOT is consolidating between two levels (Daily Resistance @42212 & DEMAND ZONE 38200-37500)
4. In the coming days, we may see some accumulation and the price may touch 36000 for a retracement. After which we gonna see a rally upwards.
5. For DIP Buying you can set Buy Orders at 36000 sats. Or Anywhere in DEMAND ZONE. Right now its gonna come back to the demand zone. And we gonna see BULLISH Trend afterward.
Note:
SEPTEMBER was ALTS BLEED month due to the instability of Bitcoin Dominance & Bitcoin Price.
Always Trade with caution. Alts follow bitcoin dominance.
If Bitcoin Dominance is UP ► Alts Gonna DUMP
If Bitcoin Dominance is DOWN ► ALts Gonna PUMP
Now, DOT Price is gonna fall at the demand zone, I am looking to buy DOT at the demand zone for Huge Profits afterward.
Please Ignore any mistakes if you found.
Thanks, Your support is appreciated.
DOT.USDT (Y20.P4.E2.v2).Nice trend.Looking for next entryHi All
*** Note that this is a continuation of the previous post, link provided below ***
With a good prospect of potentially having higher BTC price and dominance (or pause at the 10800 range for another consolidation) will give the ALTs a opportunity to create a bull flag or reversal formation.
With dot, in the short term, downward pressure.
Hence I'm watching this space with DOT and using the RSI to give clues as to what is next.
FYI, I have BTC dominance still with upward pressure. Meaning either BTC goes to the 11,150 mark or BTC drops to retest 10600.
I'm leaning towards up. Note the BTC and SP500 chart.
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BTC Dominance chart
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BTC left and SP500 right chart
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2 HRLY chart, potential formation
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Please give me a tick or like for this post.
Regards,
S.SAri
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Polkadot is a on it's way to $5!Polkadot has broken out of triangle formation, as the downtrend line has been broken to the upside and currently is testing the upper level of resistance area from 4.50 to 4.63$.
I expect Polkadot to hit $5 today or tommorow, which is TP1, 9% from current price.
TP2 is $5.33, 15%.
Good luck with this trade!
Tibor
There is fifth wave of Polkadot coming!Hey, I am back with another Crypto Analysis, focused on Polkadot.
Intro.
Last time I was making an analysis on DOT, I was pretty bullish on it and bought at $4.35, which is not the best entry, but remember the point of making money is about to be, able to take your profit at a good level !
Today I took profit at $6.5 and rebought at $5.8, which is again not the best entry, but at least I know when I want to sell this coin.
Technical Analysis.
- The price is currently sitting at the bottom of 4. Elliott wave .
- Price found support at 50 EMA, healthy trend.
- RSI is not below 40 , it has made new lower low. but still not lower than previous lows.
- MACD is on a selling wave, but the size of selling volume is finding a top .
- Resistance levels are on the chart
- Price is still on uptrend line .
Let's hope this goes as analyzed!
Tibor
DOT IS HOT ...WHEN WILL IT DROP ?hoping we get a nice pull back on dot , if its extremly deep im really gonna get in long !!!
Polkadot (DOT) Analysis - Fundamental and Technical.Hey, I am back with yet another Crypto Idea.
Polkadot, a coin that come to my attention, why you may ask?
Let me explain.
So the coin is on exchanges only 5 days and is already on the #8 place of cryptomarket which is really crazy when you think about it..
The coin is already listed on Binance, Bitfinex, OKEX, Kraken, Bittrex and Coinbase is also thinking about listing.
What I understand by learning about Polka is this.
It's a blockchain which contains other blockchains.
Distributed network that stops big companies from owning your information.
Allowing freedom and trust by default.
A virtual operating system like windows for the next internet.
So basically this very heavily focuses on your Privacy and also connecting many Cryptocurrencies into one Network.
Looking at Technical Analysis.
The price of Polkadot is at resistance area, and as you may know we are in alt season where we buy Resistance areas, because they are very likely to breakout, not speaking about this one coin which has a huge hype currently so let's ride the wave!
Price is currently breaking out of falling wedge in strong uptrend channel.
Hope this goes well for us, I am in since $4.35.
I recommend to either buy the breakout or try to buy at the uptrend line of this channel.
My target will be very dynamic as we dont have any previous resistance levels higher than 4.55
I will keep this idea updated if there is going to be enough likes :)
Cheers,
Tibor
