Polkadot
POLKADOT - Do NOT Miss This 🔥🥵Polkadot is showing us clean price action and the buy zone is evident. We are currently in an ABC correction and anticipating the end of C wave shortly and the start of the next impulse.
We have the 0.88 fibonacci supporting our buy region as well as the double bottom.
Trade Idea:
- Watch for bullish pressure at around the $10 region
- Enter when there's a bullish Daily candle at buy zone
- Stops below $10
- Target recent highs as first target. -0.27 as second target. HODL the rest!
This trade should not be missed! Put your alerts on so you can stay up to date with DOT.
Goodluck!
DOT - in these cases may be a good opportunity to buy!!!In a previous idea, we recommended buying DOT after a breakdown of the trend line. But the breakdown did not happen, the price corrected even more. In doing so, the price corrected 55% from its local high and there were huge liquidations.
It's worth noting that there was a huge volume at the bottom on each fall. This is a good signal.
In case of a false breakout of the 22$ level or a breakout of the trendline, there could be a good buying opportunity
Write in the comments all your questions and instruments analysis of which you want to see.
Friends, push the like button, write a comment, and share with your mates - that would be the best THANK YOU.
P.S. I personally will open entry if the price will show it according to my strategy.
Always make your analysis before a trade.
Polkadot (DOTUSD) TESTING MAJOR SUPPORRT LEVEL!November was an awful month for DOT. Despite setting a new all-time high in early November, the price has been on a sharp downward trend. The sell-off escalated this week, where were saw price went from $40 to as low as $22!! Price broke the major support level, but quickly recovered. Now price is testing the major support level that starts at $28. Let's see if the price can end next week above $28! In that case, a bullish scenario is more likely. The major risk here is if price breaks below the final support level at 22.
Stress free trading. BTC, SOL, Crypto.com, Stock Market AnalysisSometimes we way over complicate our trading.
Back in 2020 you may remember my breakout chart from 10k and since then I have really loosened up my trading.
Bitcoin is succeeding and will continue to succeed.
All I am trying to do now is limit my downside and gain more bitcoin .
Same with Solana.
If you look at my breakout chart for Solana. I bought at $150 but took profits around $260 to be safe.
There should be no anxiety about taking some profit, worse case scenario you miss out on some more upside.
I got back in a little early, around $220 and held this past week through the dip. But, I still added to my Solana position.
I think we can see the push to $300 now if bitcoin also breaks $60k.
Not overthinking this.
If Bitcoin breaks trend into my red zone, then I will sell my BTC and Solana and convert to USDC Staking.
If Bitcoin breaks 60k, I will hold everything and also look at Solana to head up to $300.
In my opinion, we will see 50k again so I'm not worried about taking profits here.
With the massive growth in Solana it is also like we could see sub $200 again, so there should be no stress in taking profit at any price point here, however a successful next checkpoint would be $300.
Along with this, I am also getting into Crypto.com. Mostly because of the naming of the lakers stadium and benefits they provide.
The card is pretty cool, 3% cash back, pays for spotify and netflix which saves me money every month and pays for the staking itself.
I am considering DCA twice a month into Polkadot and staking at 12% rate.
The stock market for now has lost my attention. Many companies are inflated, and many companies are way undervalued, but get shorted to hell.
I will just stick to bitcoin , solana, and staking for now.
At the end of the day, 10% USDC staking is better than market average.
Best,
BK , aka . iampatrick
Polkadot price analysisThe Polkadot price analysis shows that after falling to the $35.00 level, DOT was unable to recover to $40.00 as the selling pressure remained high. Currently, the price appears to be recovering to the $37.00 mark, but the selling pressure makes it difficult for the bulls to gain momentum.
DOT - 2021 Top PredictionTop of the Mornin' !
Dot has a great run, although I'm still missing a fifth wave to the top.
We've bounced twice from the resistance, but the lows keep being higher - this suggests a higher probability to break it and reach the top - which imho will be at $82.
If we break down from the supporting trendline - we can possibly retest only ATH at around $50.
Cheers!