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Polkadotanalysis

Polkadot Future is BrightFast update. - Let me be clear on Polkadot, we didn't break any up trend while BTC was dipping. - As you can see on the Graph DOT bounced on his trend (White Line) ( Actually EMA100 / 1D TF). - Acala Network Won first Parachain. - Second Parachain Round just started. - Don't forget that Polkadot huge ecosystem, not same as Solana (Smaller), it will take more time but the long term finality could be impressive. - Unless TheKing not fails Polkadot won't dip more, like most of all altcoins. ----------------------------------------- Trade Plan Unchanged ----------------------------------------- TP1 : 75$ ish TP2 : 100$ ish ----------------------------------------- i will add in comments olders analysis. Stay S4fe and follow the King! Happy Tr4Ding !
KRAKEN:DOTUSDLong
by thecryer
15
DOT Polkadot: Next Leg Up PossibleQuick Analysis on Polkadot ( DOTUSD ) on a 1D Linear Chart: 1) An Arc line has been drawn for Polkadot as the price has been moving up the Arc. 2) From the first top price of about $51 to the next top price of about $55, there was an estimated 10% price increase. The estimated new All Time High for the price, assuming a 10% increase, would be around $61-$62. 3) The RSI (relative strength index) has the potential to go back up as it is currently hovering in the oversold region and with a possible double bottom pattern, it could move up quickly. 4) The Volume is heavy. 5) After this move upwards, the price may have the potential to go Parabolic! What are your opinions on this? If you enjoy my ideas, feel free to like it and drop in a comment. I love reading your comments below. Disclosure: This is just my opinion and not any type of financial advice. I enjoy charting and discussing technical analysis . Don't trade based on my advice. Do your own research! #cryptopickk
KRAKEN:DOTUSD
by MillionaireEconomics
10
A good spot for PolkadotDescription : Probably out of the uptrend and lost support in the strong downturn that occurred It is currently between a support and a resistance that if it breaks its resistance can hope for an uptrend But if it loses its support, we can expect a drop to $ 10 and $ 7 If the market does not reverse its uptrend and start a downtrend like in 2017, touching $ 7 will not be far from expected, but it can be a good point to enter. Also, the MA 200 is broken and uncomfortable, and indicates a further decline. But if the market reverses the uptrend and the resistance is broken, one can expect to touch $ 50.
by Therezavni