Load your accounts for the big move$DOT is getting ready to get out of this accumulation area. I predict an upward momentum however it depends on the market conditions.
Polkadot
polkadot is for head and shoulder which is bearish pattern polkadot is for head and shoulder which is bearish pattern
Falling Wedge in Polkadot combined with a Bullish Divergence!Hey Traders,
As you can see on the 4HR of Polkadot (DOT.) The price action has formed Lower Lows and Lower Highs symptoms of a falling wedge! The price target out of this pattern would be at $23 (+22%). In the rare case it does break down, the target for that is $14 (-18%). There is a 70% chance Falling Wedges breakout to the upside and a 30% chance they fall to the downside. However, I think there is a VERY good chance we breakout mainly due to the Momentum Oscillator (RSI) showing a Bullish Divergence with Higher Lows while the Price is in a Decline.
Safe trading,
-Pulkanator
Long DOT - Discounts on PolkadotDOT - without any doubt we are very BULLISH on Polkadot. We believe it's a great discount and a perfect time to start investing.
Please go and DYOR on the project, if you don't know that much about it yet.
The coin is highly susceptible to Bitcoin Dominance and has not yet corrected in the same manner, this is however temporary.
There is a very strong support level of $17.37, which is very well held, it is also sitting on our trendline. We are not chasing a couple of cents here and there on the price. We are buying and holding. As you see there is a small SL under the support and trendline. That is in case Bitcoin starts falling and Dot follows, we will then be adding even better long positions, at a more favourable price.
We believe that DOT at $18.5 is an amazing discounted gift. Like someone offering you a brand new Mercedes-Benz G-Class for 20k today. You find the money and you purchase it :)
Targets: $30.9 | 35.4$ | 40.3$ | $47 | $51 | MOON?
Polkadot before the reboundThe price turned out to be in the fan.
The price decline has slowed down, we are near the liquidity zone.
I expect further growth to the level of $19.1.
POLKADOT - Close To Breakout! 👀Following on from our last post on DOT where we found a divergence breakout starting the bullish wave, we now have another entry for DOT to take it higher.
There are 2 ways we can trade this.
1st Trade Idea:
- Watch for bounce off double bottom and enter
- Stops below the double bottom
2nd Trade Idea:
- Watch for a breakout of the red descending trendline
- Stops below the structure indicated on the chart
Targets:
23.3, 32.3, actively manage the rest.
We'll update this chart once there's a breakout.
Goodluck!
DOT is bearish$DOT bounced off the broken ascending trendline after the retest and the resistance level. Bearish movement to support level at 18,86 $ is likely to happen.
Polkadot will continue the correctionThe price continues to move within the descending channel.
Volatility decreased when trying to break through the resistance level.
I expect a fall to the resistance level.
Reduced volatilityThe price is moving between the liquidity zone and the trend line.
Stochastic RSI 4H shows overbought.
A bearish divergence is forming at the 30m timeframe.
I expect a decline to the 0.5 Fibonacci level.
DOT - CORRECTION TILL FED'S DECISION ABOUT RATES HIKE IN MARCH?Looking for one move down for alts till FED's decison about raising rates in mid march. If we are still in bull market correction from december can be just to wait for regulators, so we can pump afterwards. In 2017 we had rates hikes three times in mid march, june and december. Everytime we corrected after decision bt finally the last one meant "game over".
Polkadot will riseThe price formed an ascending wedge and broke the resistance level.
The stochastic RSI is locally oversold.
I expect a retest of the lower boundary of the wedge and then a rise to the target indicated on the chart.
Range narrowingThe global upward structure persists, but the trend is downward.
We went down to the liquidity zone, from where we unsuccessfully tried to break the trend line.
Locally oversold. I believe that it can go down to the lower boundary of the liquidity zone.
dotusdt (polkadot) T.F(daily) TA (2/15/22)The trend is currently neutral
If it can break the downtrend line and the resistance of 22.80, the first target is 28.45 -30.50.
Downward trend scenario: 17.30-14.70 support should be broken and the target is 10.85
⚠️ This Analysis will be updated ...
📊 #dotusdt (polkadot )
💹 Time Frame : daily
👤 hosein alizadeh
📅 2/15/22
❤️ If you apperciate my work , Please like and comment , It Keeps me motivated to do better ❤️
Polkadot | Weekly TimeframeThis is the last Altcoin we will look at today.
Polkadot (DOTUSD), weekly (W) timeframe.
We have the same base as the other Altcoins we looked at, namely ETH, ADA & SOL.
That is a bearish candle this week with bearish indicators.
Both the MACD and RSI are trending lower.
The mixed signals here are coming from the ascending trendline of the giant flag drawn.
The rising trend-line can work as support and the uptrend resume... If this support fails we are likely to see lower.
I also looked at the 3 Line Break and Renko charts and they are fully bearish...
We will know soon anyways.
Thank you for reading.
Wishing you a lovely Sunday.
Namaste.
DOTUSDT WAIT FOR BREAKOUT!!!DOT is at critical area need to break trend line and close above it for the confirmation of break out
potential 30% up very soon.□ consolidation about resistance
□ solid volume
□ potential brake of trend line
My TA workPolk is a product of dot ecosystem , nice long term setup, not financial advice, if you like it then just like it
DOT Long term analyis
📊 DOTUSDT (PolkaDot)
🕚 Time Frame: Daily (Update)
➖➖➖➖➖➖➖➖
🟡 Polkadot is moving in a daily time frame and in a long-term chart within an uptrend channel, and in the last few days after hitting the floor of this channel, with the support of buyers, this level has
been maintained again. The price above the significant resistance level of 28$ must be fixed to complete the fall wave
📉If the channel floor is broken, the price easily falls to the specified supports. However, it is very unlikely that the Channel floor will be broken.
✅Holders If you have not bought yet, you can buy one step in correcting the hourly prices.
👤 AmirHossein
📅 02.09.2022
⚠️ (DYOR)
What if $DOT has just completed the very first wave in its cycleI really like Polkadot and its solid way of building the ecosystem step by step. In the previous post, I did assume $DOT would move the Elliot Ending Diagonal with the BTC's downtrend.
But in this post, I make a new idea in long term for this token in case BTC has finished the downtrend and will keep the bull run this year. I realize the big channel between the peaks and dips, $DOT could be seemed to just complete the running flat correction in the first wave in its cycle.
If this idea comes true, how big the next wave will be large? But at least in short term, I will hold and stick to the Fib Retracement levels.
If you agree with this idea, please give me a like and share it.
Thank you
NFA
