DOT is bearish$DOT broke through the ascending trendline after the rejection around 23$ level. Decline to support level at 20$ is possible.
Polkadot
🚀 DOT - GO TO A BREAKTHROUGH 🚀DOT - GO TO A BREAKTHROUGH 🚀🚀🚀
Polkadot is an open-source project founded by the Web3 Foundation.
Web3 Foundation has commissioned five teams and over 100 developers to build Polkadot
DOT/USD - Potential 85% SetupHello Traders!
The DOT began to accumulate in the $15.90 - $23.00 range after the end of the correction
The price has consolidated above MA100 on the daily timeframe and is testing the upper boundary of the accumulation range, the level of $23.00
Entry into short-term purchases can be looked for in the range of $20.75 - $23.00
Consider exiting by stop-loss in case the price goes below $17.00
The targets will be price levels of
$30,00
$34,40
$39,00
Good luck and watch out for the market
P.S. This is an educational analysis that shall not be considered financial advice
Polkadot (DOT) - March 30Hello?
Traders, welcome.
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Have a good day.
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** The BTC market chart for altcoins will not be published for the time being as the BTC price appears to be turning upward.
(DOTUSDT 1W Chart)
To convert to an uptrend, it must rise to section 1 (24.82-27.57).
Therefore, it may temporarily touch near 19.33 and may move higher, so you need to trade cautiously.
(1D chart)
Attempting to break through the M-Signal line of the 1W chart.
Therefore, it is likely to rock up and down, so you need to trade cautiously.
Section 1 (24.82-27.57) is an important section that determines the trend.
Since a high point is formed within section 1, resistance is expected to be strong.
(buy)
- After confirming that it was supported at 19.33 or higher by falling due to a sudden movement
- After confirming that it is supported at 25.07 or higher
(Stop Loss)
There are many indicators passing through section 2 (at least 17.69-19.33), so it is likely to find strong support.
So, you should check the movement when you fall within this range.
(Sell)
- When falling after receiving resistance near the 35.81-36.76 section
- When falling after receiving resistance in the 44.05-48.80 section
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** All indicators are lagging indicators.
Therefore, it is important to be aware that the indicator will move accordingly as price and volume move.
However, for convenience, we are talking in reverse for the interpretation of the indicator.
** The MRHAB-O and MRHAB-B indicators used in the chart are indicators of our channel that have not been released yet.
(Since it was not disclosed, you can use this chart without any restrictions by sharing this chart and copying and pasting the indicators.)
** The wRSI_SR indicator is an indicator created by adding settings and options to the existing Stochastic RSI indicator.
Therefore, the interpretation is the same as the traditional Stochastic RSI indicator. (K, D line -> R, S line)
** The OBV indicator was re-created by applying a formula to the DepthHouse Trading indicator, an indicator disclosed by oh92. (Thanks for this.)
** Support or resistance is based on the closing price of the 1D chart.
** All descriptions are for reference only and do not guarantee a profit or loss in investment.
(Short-term Stop Loss can be said to be a point where profit and loss can be preserved or additional entry can be made through split trading. It is a short-term investment perspective.)
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DOTUSDT 2Dhi friends,
DOT has maintained its long-term channel and has now broken the daily cloud after a long time, regaining its 60-day moving average support and can move to $ 27 and then 31 in the medium term after a break.
👤SecondChanceCrypto
📅29.March.22
⚠️(DYOR)
DOT/USDT 45% Up from our entry and what next ?#DOT/USDT TA Update:-
$DOT currently trading at $22.70
And went upto $23.30
Its almost 45% up from our entry.
Strong support = $14-$15 ✅
Breakout $19.60 ✅
Now I am expecting $65 my First Target.
Retest Level = $17-$18
#PolkaDot is Long term Potential coin.
DOT - LONG TERM IDEADot will follow the BTC and eth,
second, tp will be around 12. ( not an bottom )
DOT formed a megaphone patternI'm not really in the mood to do TA but I noticed this and I don't usually find many megaphone patterns so neat and in such good position so I thought to post about it.
Current DOT situation meets all basic rules about such pattern (read about them in this summary: www.elearnmarkets.com ) and I think this is it.
Volume is spiking where price meets the upper border and there have been 5 touches and the bottom touches (2 and 4) touched EMA 200 which acted as support. Moreover this pattern has formed after a strong trend. The only thing which could invalidate it would be BTC dumping so take a look at it if you wanna enter now wait for confirmation which would be price going over the upper line and possibly bouncing upward. However the possible target isn't so high because of resistance and pattern's target.
Good luck and remember, take a look to BTC. If price fails to break out there's a good occasion to short
🔔POLKADOT Going Long after come down to pull pack - ☑️DOTUSDTAfter DOT breaking up a descending channel, the possible scenario for next days is to coming back to price AT $18.40, which is considered buying area, keep DOT in your wallet until $35, then sell it to rebuy from pull back again Which will be at price $24 - 23$
Also when the price break the yellow trend line that is a proof to bullish continuation, just keep watching
Trade Idea for POLKADOT (DOTUSDT - DOTUSD):
- Wait for a pull pack
- Buy from $19 - $18
- gain probability more than 95%
- Keep following me for specific details
Keep following me for more news about Cryptocurrency
NB: The probability of what I analyzing, is to be true unless the opposite is proven
Feel free dear trader to share with me your opinion, and also your analysis & Keep Watching
Have a nice trading
POLKADOT - Bullish Divergence Polkadot is very close to our buy zone but we're waiting for price to make one more move down to complete the expanding flat formation, which is a very common bullish continuation pattern.
Whilst waiting for our long term buys, we can look to sell DOT once more.
Trade Idea:
- Watch for lower timeframe bearish price action at our sell zone
- Enter with stops above the rejection
- Targets: 14.50, 11
Goodluck and as always, trade safe!
The Reversal has Begun DOTUSDSimilar situations can be seen between the previous reversal and the one we are about to see
entering into DOT right now is nice because it is already in a state of reversal
Trying out new indicators
Polkadot DOT Price Targets and Stop LossDOT/USDT
Entry Range: $18.50 - 20.40
Price Target 1: $23.50
Price Target 2: $27.30
Price Target 3: $30.80
Stop Loss: $15.20
$DOT starting to outperform $ATOMDOTUSD appears to beginning some outperformance compared to one of its peers, ATOMUSD. They are both interoperability tokens that have similar goals and functions. I would personally put them in the same group, but correct me if I'm off base.
On a 6 month basis, ATOM has outperformed DOT by a significant amount over the past 6 months depending on your point of reference.
ATOM has a market cap of roughly $8 billion. DOT has a market cap of roughly $29.5 billion.
If this recent outperformance by DOT continues, it could began to catch up to its peer, which has really been putting the petal to the metal over the last six months. Could be DOTUSD's turn for some sustained outperformance.
Long-term view of ATOM's outperformance over the last 6 months.
Long-term target, $75ON 4H TF
BINANCE:DOTUSDT has a support at 14 and swing in range 14 - 32.
Waiting for a breakout at 32 to climb up to 75 for a next target.
Wait and see
Head & Shoulders Forming on DOT #ShortPremium Sunday Trader's call.
Head & Shoulders Forming on POLKA (DOT/USDT) on 4 hourly chart.
Be prepared to short the coin as soon as it breaks the Neckline
Note: Do your own research before taking the trade.
Short Dot: 18.3
Stop Loss: 18.7
Target: 17
Dot about to explode descending bradening wedge in progressPolkadot about to explode descending bradening wedge in progress, check charts.
DOT Exchange Trading Idea 22-03-20DOT is STILL hovering around 83.5% for the past two weeks or more. Really almost a month since it first came down here. As with all cryptos, there is no technical reason to expect price to move up. It even bounced off the 50 EMA this week.
Polkadot : Possible Short for #DOTShorting some #DOT if price lose the support trendline of the red Bearish triangle
PolkaDot DOTUSDT - HUGE breakout is happening! New bull market.- DOT is currently breaking out of the descending channel on the daily chart!
- On the weekly chart we a have higher highs and higher lows, so there is nothing wrong with the overall bull trend.
- Also an Impulse Elliott wave finished successfully with 5 waves to the downside, so now there should at least a retracement to 0,618 FIB.
- RSI horizontal line is breaking out too.
- Together with BNB we can experience solid gains.
