[LITUSDT] 60% possible recovery if BTC stabilizesHi all!
This is what I believe can happen on LITUSDT 4h timeframe.
This is why I'm bullish:
- We're reaching the end of a falling wedge
- RSI is bullish and shows bullish uptrend
- MACD is above the signal line and shows bullish uptrend being consolidated
Very simple chart but for me, the most probable scenario. Only if BTC remains bullish or keeps on ranging though.
Good luck everyone!
Polkadot
Polkadot heading to 5 USD?As I have previously posted I will not take big investments into altcoins and have money aside! 1st support for Polkadot (DOT) is the Fib. retracement 0.786 by $14 which could be a good area for a pull-back trade. Personally I will accumulate by around $5! Not financial advice!
Polkadot 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.
🆓Polkadot (DOT) Jan-27 #DOT $DOT
.
📈RED PLAN
♻️Condition : If 1-Day closes ABOVE 16$ zone
🔴Buy : 16
🔴Sell : 22 - 26 - 32
📉BLUE PLAN
♻️Condition : If 1-Day closes BELOW 16$ zone
🔵Sell : 16
🔵Buy : 14 - 11
❓Details
🚫Stoploss for Long : 10%
🚫Stoploss for Short : 5%
📈Red Arrow : Main Direction as RED PLAN
📉Blue Arrow : Back-Up Direction as BLUE PLAN
🟩Green zone : Support zone as BUY section
🟥Red zone : Resistance zone as SELL section
POLKADOT long position 🚀Based on the chart, the price stick in descending channel ✔️
and now
become close to support area and channel support ✔️
so
we expect gain for the price at least to channel resistance 🚀
and
if the price breaks the channel resistance, we can expect even more gain 🚀🚀
This is not financial advice, always do your own research.
Please, feel free to ask your question, write it in the comments below, and I will answer.
🐋
DOTUSD Lookin very Reversal'y Short term TP 25$Polkadot bounced off its macro support within inverse h/s, and on the market rugpull reacted to an extent where it fell to a critical support at 17 to form this inverse h/s
idk if its me but seems like a good time to buy in, MACD boutta go bullish in almost all timeframes, and RSI is way oversold
nfa
DOT USDT - [D]Polkadot visiting the Fib retracement level 78.6%. Appears to be forming a descending channel, also the 3rd touch on the bottom part making confluence with a Fib extension level. Waiting for a breakout, so the price generates a new H-H to confirm the possible new uptrend.
Remember always to trade with risk management!
DOTUSDTHello Crypto Lovers,
Mars Signals team wishes you high profits.
We are in the daily time frame. The price shows signs of being supported by the S1 line. If this happens, then the first target would be the R1 line and then the R2 line. It is also possible for the price to be rejected from the R1 line and fall back down to the S1 line. If S1 is also lost, then the price would fall further.
Warning: This is just a suggestion and we do not guarantee profits. We advise you to analyze the chart before opening any positions.
Wish you luck
DOT Polkadot Trend change trade ideaHanging around decent support levels, within the channel, and small risk reward at these levels for stop loss.
Plenty of resistance levels to contend with, and will need a solid bullish market to continue up.
This is a favorite crypto for myself in 2022 and beyond
Still neutral until crypto sector sentiment picks up
Prepare for the worse plan $DOTAfter the drop passed over the sideways price range, the price of $DOT nearly touched at Fibo 0.886 (15.47)/(A-B), and it seems going Elliot Ending Diagonal pattern following BTC, if the king can also complete this pattern as I did mention in the attached link below, I will prepare DCA - $DOT for the worst plan around 7.16 to complete the expanded correction wave (irregular flat).
If everything will be better, the drop can stop at 11.76 and it will be the Elliot Running Flat before coming back.
$5 DOT?I've heard it so often. Oh, this "coin" couldn't possibly go that low. And inevitably it goes that low.
What is "that low for DOT?"
$5
Yeah, if we break this bottom line of support then there is a high probability we will hit the bottom of the descending channel.
Honestly, kind of hopping for that capitulation so we can get this downtrend over with.
10 years of LitecoinIf the last 10 years were bearish, we are literally days from the most bullish Litecoin price action seen up to date. This is possibly THE most bullish crypto project out there at the moment.
As always: remember of your risk/reward, have a stop-loss in place, don't forget to take profits.