LONG Ethereum AND Polkadot on 1 hr ChartPreviously I posted a SHORT Bitcoin chart based off 1 hr TF. For the exact same reasoning I used there I have enetered LONG on $ETH, $DOT, $BTC.
Tight BB squeeze on 1 hr chart but what looked like CMF (Chaikin Money Flow) showing money coming OUT of these assets. But lately over last day these 1 hr candles now show money flowing IN.
I have reversed my positions in $BTC and gone LONG. Similarly, the $ETH and $DOT charts looks the same with even more accumulation.
Ethereum:
Entry @ $2975.64
Polkadot:
Entry @ $20.95
Polkadot
POLKADOT , Dot Ready to climb !! All supports and resistances are marked on the chart. As we can see, the price is in an important range and recommended to keep an eye on it ...
Follow our other analysis & Feel free to ask any questions you have, we are here to help .
⚠️ This Analysis will be updated ...
📊 #DOTUSDT ( Polkadot )
💹 Time Frame : Weekly
🔵 Personal Opinion : HODL
🎯 Entry : 17$ — 20$
👤 Saeid.Mahbob
📅 08.Feb.22
❤️ If you apperciate my work , Please like and comment , It Keeps me motivated to do better ❤️
BINANCE:DOTUSDT
POLKADOT - Second Divergence Breakout! 🤑In June 2021, we saw DOT breakout by over 400% after seeing MACD divergence - which indicates a trend is about to reverse.
We saw a very similar divergence recently and got a nice breakout. We could very well be making another 400% gain! If we move lower, watch for the MACD divergence trendline to be respected and then enter BUYS. We could potentially make a double bottom before moving higher.
We will be posting any corrections we find and keeping you all updated with any potential setups with great R:R.
Let us know your thoughts below!
dot prediction as you can see in a daily chart in rsi we break the trend line and my opinion we can break the trend line in a daily chart as well
but consider that before it breaks it with a good candel and also pullback to the broken trenline in wont enter the postions
and one more poion is mostly alcoins follow the btc pelase be awar of that ❤️
DOT long termI've read somewhere that DOT is mirroring BTC but it's jsut more volatile (off course). It's a thing I've noticed from a long time and in a certain sense it can be useful for us to foresee where price is going.
First wave in this weekly channel took 29 weeks with peak after 13 weeks, second wave took 27 weeks with peak after 15 weeks, assuming it'll take around 26 weeks this time the peak should be in 17 weeks. Notice that if 2022 will be a bull year this channel could break out upwards or downwards so I might change my prediction in the upcoming weeks.
However I also think that at a certain point BTC should go back to 38-39K area and this should take DOT back to 20USDT so in the SHORT period I expect a retest of that price and a consolidation (I'll post a screenshot at lower timeframe in the comments). My idea is that right now it's not the best time to buy as in few days we might see a retracement. DYOR off course.
Good luck
Polkadot don't give up-Do you remember last dip (May-July) ? i posted analysis and found the perfect bottom at 10$. ( i will post it in comments )
- So this time imho it's not the same because alts are almost bottomed already.
- This graph is a bit messy but you can see clearly demands zones.
- The difficulty is not to find where we go but when we go.
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Trading Plan
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Buy : 24$-25$ ish
Rebuy : 20$ ish
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Tp are unchanged from my last analysis
TP1 : 75$ ish (161.8%)
TP2 : 100$ ish (216.8%)
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Believe in Polkadot because to be a part of Parachain, Projects have to buy more DOT, Polkadot is poised to go up with time.
if you didn't take the train in July. You get another opportunity right now.
As always follow TheKing movements for safety!
Happy Tr4Ding !
DOTUSDT - Elliot Wave Analysis- This pattern is called a truncated zigzag pattern, where wave (C) is less than or equal to 61.8% of wave (A) - measured using Fibonacci Expansion.
- According to Elliot Wave Theory, price should return to AT LEAST 81.8% of the whole ABC correction - around 47.
- SL: if price make a new low and break the green line. This will suggest that our analysis of a truncated zigzag is wrong.
Polkadot (DOT) - February 7Hello?
Traders, welcome.
If you "follow", you can always get new information quickly.
Please also click "Like".
Have a nice day.
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(DOTUSD 1W Chart)
It is important to keep the price above the 20.27 point.
If the price holds above the 20.27 point, I would expect it to move above the 30.75 point.
If it goes down from the uptrend line, it could fall below the 10.16 point, so trade with caution.
It must rise above the 30.75 point to turn into an uptrend.
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(DOTBTC 1W chart)
0.0003 911 - 0.0004 872 or higher: Expected to create a new wave.
However, it must rise above the 0.0005 850 point to turn into an uptrend.
A drop below the 0.0003 911 point could lead to a drop below the 0.003 242 point, so trade with caution.
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We recommend that you trade with your average unit price.
This is because, if the price is below your average unit price, whether the price trend is in an upward trend or a downward trend, there is a high possibility that you will not be able to get a big profit due to the psychological burden.
The center of all trading starts with the average unit price at which you start trading.
If you ignore this, you may be trading in the wrong direction.
Therefore, it is important to find a way to lower the average unit price and adjust the proportion of the investment, ultimately allowing the funds corresponding to the profits to be able to regenerate themselves.
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** All indicators are lagging indicators.
Therefore, it is important to be aware that the indicator moves accordingly with the movement of price and volume.
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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POLKADOT, Major Descending-Triangle, How It Completes!Hello,
Welcome to this analysis about Polkadot on the 12-hour timeframe perspectives. In recent times the Cryptocurrency market showed up with some interesting developments, for now there are still mixed signals in the market therefore it is important to look at the different setups the Cryptocurrencies are forming. When looking at my chart we can watch there how Polkadot emerged with this massive descending triangle formation in which it has a coherent wave count with the waves A to C almost already completed. Now with the development of wave D Polkadot is forming this bear flag formation which has a high possibility to complete in the near future which will show up with the origin of the wave E to finalize the whole wave count. Once this wave E emerged it will be decisive on how Polkadot approaches the major lower support level marked in my chart, if Polkadot bounces off this level appropriately this has a good ability to complete the whole descending triangle with a breakout above the upper boundary as shown in my chart, once completed activation of the initial target zone will happen and once this target has been reached with Polkadot having the appropriate momentum to continue the next target zone will be appointed as seen in my chart. For now, it will be necessary to await the confirmation before moving to further conclusions, it will be an interesting development ahead.
In this manner, thank you for watching the analysis, all the best!
"Trading effectively is about assessing possibilities, not certainties."
Information provided is only educational and should not be used to take action in the markets.
DOT | Bullish Flag Formation..!!
b]#DOT (update)
Bullish Flag Formation in Daily timeframe Chart..!!
In Case of Breakout, Expecting Massive Bullish Wave (Targets Would be 50$)
📍 Always Wait for Confirmed Breakout & Candle to Close and Only then ENTER..
Please like the idea for Support & Subscribe for More ideas like this and share your ideas and charts in Comments Section..!!
Thanks for Your Love & Support..!!
Polkadot DOT - Long term playHello loving crypto community.
I've been in a shadow for the past year, just following the gains of my positions previously posted, transferring them to the king $BTC.
Now is the right time to prepare ourselves for the new enter in some interesting positions.
First of those positions are DOT. Wonderful project, with top technology which will, certainly, stay a one of the most important players in the crypto.
As a pandemic hit the world hard, we need to expect that constant money printing and economic push from governments around the globe will result with a possible global market crisis. How big it will be? No one can know that. My scenario is that we will see lot of drops and sideways movements in crypto. Many projects will disappear, etc.
I am certain that $DOT will break its previous highs and that will go much much higher (long term - 2 years+).
However, there would be some nice entries for it in this year.
Those are levels that I am currently looking at. I will buy at these levels, but please do your own diligence and market analysis.
Buy orders
Target 1 - around 14.5€
Target 2 - around 11.5€
Target 3 - around 9 €
All those targets are in Euros (€), and are just my views on the current state of the $DOT.
Remember. We are here long-term.
Feel free to share your thoughts and strategies with us, let's win against the market! :)
STANDARD DISCLAIMER: This is not a financial advice. This is just my opinion on the current market. Always do your own diligence.
DOT/BTC in coming DaysHi every one
DOT/BTC
chart is speaking it self!
DOT/BTC has formed a reversed head and shoulder pattern which means that the price would increase as much as the measured price movement(the length between the neckline and the head). The neckline is already broken so now the price can easily do It's expected movement.
💎Traders, if you liked this idea or have your opinion on it, write in the comments, We will be glad.
Thank you for seeing idea .
Have a nice day and Good luck
DOT/USDT Analyse
DOT/USDT chart shows that 4h retest is successfull and next resistance is around $23.
If a long green candle breakts $23 fast, we might see #DT over $27 and next targets will be as given below.
As all cryptos , DOT is being effected by BTC moves too .So if BTC breaks $40k in next days, we might see DOT rsing faster than BTC
Resistance levels are around $23, $27 and $31
Good luck
POLKADOT(DOTUSDT) SHORT TO $8-$9 POLKADOT(DOTUSDT) is going through an A-B-C correction. The correction looks like a Zig-zag correction which is a 5-3-5 wave design
Wave A - Went from $49 to $10.6
Wave B - Went from $10.6 to $55
Wave C - it's a 5 wave series and I think it will end up at $8-$9 zone before reversal
POLKADOT(DOTUSDT) going to retrace to 88.6% or 94.1% correction TO $8-$9 . We are presently at 78.6% FIB retracement, so the next best points are 88.6% and 94.1% and they are derived by the following formulae:
88.6% price level is derived by squaring (or multiplying by itself) from the Golden Ratio, 0.618:
0.618 x 0.618 = 0.786 (78.6%)
0.786 x 0.786 = 0.886 (88.6%)
0.886 x 0.886 = 0.941 (94.1%)
88.6% retracement price is $9.3
94.1% retracement price is $6.7
I believe POLKADOT(DOTUSDT) will still be shorted and may find the reversal between 88.6% and 94.1% zone because that's also a junction point where retracement of the whole five-wave series and the extension of the A-B-C meet
Please like and comment for feedback
POLKADOT - VERY Important Level To Watch.In one of our earlier posts on Polkadot, we were saying that Dot will likely go down to the $10 area where we will be looking to buy - see that post here:
We are now very close to our entry zone. We have one more move down before we hit the $10 level - which some were very sceptical about!
The move down can be traded but it is only a short term trade. The big move is the buy trade from the $10 level.
Trade Idea:
- Watch for Dot to move down once more and tag the $10
- Watch for bullish price action at that level and enter
- Put stops below the price bounced from
- targets: 32.4, 54, actively manage the rest
Goodluck!
DOT (Polkadot)Polkadot buy zones
Buy zones in case of btc fall
1st - now
2nd - 11-13$
3d - 4-7$
Polkadot is an open-source sharded multichain protocol that connects and secures a network of specialized blockchains, facilitating cross-chain transfer of any data or asset types, not just tokens, thereby allowing blockchains to be interoperable with each other. Polkadot was designed to provide a foundation for a decentralized internet of blockchains, also known as Web3.
🔹strong fundametal
🔹perfect development activity
🔹one of the most popular assets among funds
🔹longterm investment
My preferred buy zones are 2nd and 3d
You can buy in parts starting from the current zone