DOT Still Bullish + TargetsHello guys. As you can see DOT has 2 mid to long-term EMA's in convergence with a strong support zone and they jointly pumped the price to higher targets. it still has one minor Resistance though a few candles higher. but I have indicated my 2 scenarios with these flashes I've drawn.
What's your bias about this Coin ?
Polkadotforecast
DOT Price technically moves on the chart where to buy and sellIt turned out that the last time we made a global review of the DOTUSDT trading pair was to do as in February 2021.
But the idea worked pretty well , which we saw on the graph, see for yourself.
Also, during these 6 months, we made several short-term ideas for trading the DOTUSD pair, they can be found through the search in our ideas.
Having opened the DOTUSDT chart today, we saw that the price moves smartly from the liquidity level to the liquid level , so there is no need to invent a bicycle again.
Let's trade DOT from level to level and just take out our modest profit from the table in time)
Based on the current DOTUSDT price chart, a correction suggests a fall to the $13-14.50 price zone , where it will be possible to buy a long position at a tasty price. After this correction, we can expect growth to $28-31.
The logic is simple : if the dynamics of correction are weaker, to the upper part of the liquidity zone, then a powerful shot can be expected up to $31. If the correction will be deeper and more protracted, then it will be better to start fixing longs when the DOTUSD price crosses the $28 mark.
_______________________________
Since 2016, we have been analyzing and trading the cryptocurrency market.
We transform our knowledge, trading moods and experience into ideas. Each "like under the idea" boosts the level of our happiness by 0.05%. If we help you to be calmer and richer — help us to be happier :)
Polkadot Buy Signal from Script triggered: EMA Crossover SMAConfirmed reversal, Polkadot Buy Signal from Script triggered: EMA Crossover SMA just below the 23.60% fibonacci level, 43% gain from here to retest the 200 MA. Use buy zone to map your buys. Swing target from here is 160% gain from $18.92 to $49.75.
Current Price Targets: $25, $34, $49 & Swing @ $60. Happy Trading :)
See previous analysis below.
Polkadot (Dot) Buy opportunity! Potential 50%+ Gain to set a New ATH of $50 at the 161.8% Fibonacci Level. Dot's price soared to a high of $42 on 20/02/21. Since setting this new ATH , it has lost some momentum, retracing down to a low of $26 on the 23/02/21 after such an impulsive move, but currently it is still trading 45% above this low 4days ago on the 23/02/21.
The fundamental outlook for Dot in the long-term is great and still very much bullish , its total Market Cap is at $33.7 billion and currently ranked 6th biggest digital currency in the world after Bitcoin , Ethereum , Cardano, Binance Coin and Tether. Over the coming month we expect Dot to retest the previous ATH of $50 at the 161.8% Fibonacci extension .
DOT, Polkadot - a great setup for long💥Price has a resistance line of 24,57. The line was touched 6 times on 1h timeframe. I think it's a good entry point after breakout and retest. ONLY WITH STOP-LOSS NEAR TO KEY LEVEL!!! And don't forget about risk management. It's crypto market. Everything can happen.
Write in the comments all your questions and instrument 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 Buy Signal from Script triggered EMA Crossover SMAUpdate from 10/03/21: Polkadot Buy Signal from Script triggered at Buy Zone 2 (50% Gain from the 38.20% Fibs), 13 EMA crossed up above the 50 SMA on the 29th March. As stated from previous analysis below, the move back towards the ATH and beyond to the 127.20% Fibonacci was not expected to be a straight forward push back to the ATH of $42 which we reached on the 20th February, we predicted a potential of 3 push phases and after a lot of consolidation with profit takers in the market, our Swing Call script triggered a strong Buy Signal on the 29th March and after a triple top formed from the push phases which failed to test the previous ATH levels, bouncing at the 78.60% Fibonacci level, we finally had a breakthrough pushing past the previous ATH level of $42 and hitting our 127.20% fibonacci level at $45.81. Our next target for Polkadot is at the 161.80% Fib extension and a price target of $50.59 which is a 16% Gain from the current price level. Happy Trading
*Update of Dot's Chart & Analysis from 28/02/2021*
Polkadot (Dot) Buy opportunity! Potential 68%+ Gain to set a New ATH of $50 at the 161.8% Fibonacci Level. Dot's price soared to a high of $42 on 20/02/21. Since setting this new ATH , it has lost some momentum, retracing down to a low of $26 on the 23/02/21 after such an impulsive move, but currently it is still trading 45% above this low 4days ago on the 23/02/21.
The fundamental outlook for Dot in the long-term is great and still very much bullish , its total Market Cap is at $33.7 billion and currently ranked 6th biggest digital currency in the world after Bitcoin , Ethereum , Cardano, Binance Coin and Tether. Over the coming month we expect Dot to retest the previous ATH of $50 at the 161.8% Fibonacci extension .
Note this may not be a straight forward push, but a bullish momentum powered by 3 push phases. Use the Buy Zone area to map your entries, Zone 1 at the 23.6% level and Zone 2 at 61.8% Golden ratio. Overall, there is a high probability that Dot's price will break out higher (68% Gain from current price levels) as the bulls target the next resistance at $50.
DOTUSDT - Play for the next few daysHi guys,
This is my first technical analysis take on the DOTUSDT chart.
As you can see we are moving up inside an ascending upward channel and the strength is clearly showing upwards movement in the coming days especially while BTC stays above $50,000.
We are moving up to test the previous ATH and will retest the $42.2 area before taking a break and possibly some accumulation. Another push towards the upside is most likely to see the previous ATH getting broken and price moving upto $43.5-$44 area after which we might some further downside towards $36.5-$38 which will retest the lower band of the ascending channel. After testing support we are most likely to see upside movement on DOT to go up and create new ATH in the coming days.
Areas to watch:
- $46
- $50
- $55
Ofcourse this is just my take and personal opinion on the price movement and should not be considered as financial advice.
Please let me know what you guys think in the comments below.
Thanks for reading
Cryptothropist
Polkadot Buy Signal from Script triggered Ema crossover SMA Polkadot Buy Signal from Script triggered Ema crossover SMA
*Update of Dot's Chart & Analysis from 28/02/2021*
Polkadot (Dot) Buy opportunity! Potential 68%+ Gain to set a New ATH of $50 at the 161.8% Fibonacci Level. Dot's price soared to a high of $42 on 20/02/21. Since setting this new ATH , it has lost some momentum, retracing down to a low of $26 on the 23/02/21 after such an impulsive move, but currently it is still trading 45% above this low 4days ago on the 23/02/21.
The fundamental outlook for Dot in the long-term is great and still very much bullish , its total Market Cap is at $33.7 billion and currently ranked 6th biggest digital currency in the world after Bitcoin , Ethereum , Cardano, Binance Coin and Tether. Over the coming month we expect Dot to retest the previous ATH of $50 at the 161.8% Fibonacci extension .
Note this may not be a straight forward push, but a bullish momentum powered by 3 push phases. Use the Buy Zone area to map your entries, Zone 1 at the 23.6% level and Zone 2 at 61.8% Golden ratio. Overall, there is a high probability that Dot's price will break out higher (68% Gain from current price levels) as the bulls target the next resistance at $50.
Polkadot (Dot) at Buy Zone 2@ 38.20% Fibs 34% Gain back to ATHUse the Buy Zone area to map your entries, Zone 1 at the 23.6% level and Zone 2 at 38.2% Fibonacci level. Overall, there is a high probability that Dot's price will break out higher (68% Gain from current price levels) as the bulls target the next resistance at $50.
*Update of Dot's Chart & Analysis from 28/02/2021*
Polkadot (Dot) Buy opportunity! Potential 68%+ Gain to set a New ATH of $50 at the 161.8% Fibonacci Level. Dot's price soared to a high of $42 on 20/02/21. Since setting this new ATH , it has lost some momentum, retracing down to a low of $26 on the 23/02/21 after such an impulsive move, but currently it is still trading 45% above this low 4days ago on the 23/02/21.
The fundamental outlook for Dot in the long-term is great and still very much bullish , its total Market Cap is at $33.7 billion and currently ranked 6th biggest digital currency in the world after Bitcoin , Ethereum , Cardano, Binance Coin and Tether. Over the coming month we expect Dot to retest the previous ATH of $50 at the 161.8% Fibonacci extension .
Note this may not be a straight forward push, but a bullish momentum powered by 3 push phases. Use the Buy Zone area to map your entries, Zone 1 at the 23.6% level and Zone 2 at 61.8% Golden ratio. Overall, there is a high probability that Dot's price will break out higher (68% Gain from current price levels) as the bulls target the next resistance at $50.
Polkadot Buy Signal from Script triggered Ema crossover SMAPolkadot (Dot) Buy opportunity! Potential 68%+ Gain to set a New ATH of $50 at the 161.8% Fibonacci Level. Dot's price soared to a high of $42 on 20/02/21. Since setting this new ATH , it has lost some momentum, retracing down to a low of $26 on the 23/02/21 after such an impulsive move, but currently it is still trading 45% above this low 4days ago on the 23/02/21.
The fundamental outlook for Dot in the long-term is great and still very much bullish , its total Market Cap is at $33.7 billion and currently ranked 6th biggest digital currency in the world after Bitcoin , Ethereum , Cardano, Binance Coin and Tether. Over the coming month we expect Dot to retest the previous ATH of $50 at the 161.8% Fibonacci extension .
Note this may not be a straight forward push, but a bullish momentum powered by 3 push phases. Use the Buy Zone area to map your entries, Zone 1 at the 23.6% level and Zone 2 at 61.8% Golden ratio. Overall, there is a high probability that Dot's price will break out higher (68% Gain from current price levels) as the bulls target the next resistance at $50.
Polkadot Buy Signal from Script triggered Ema crossover SMA Polkadot (Dot) Buy opportunity! Potential 68%+ Gain to set a New ATH of $50 at the 161.8% Fibonacci Level. Dot's price soared to a high of $42 on 20/02/21. Since setting this new ATH , it has lost some momentum, retracing down to a low of $26 on the 23/02/21 after such an impulsive move, but currently it is still trading 45% above this low 4days ago on the 23/02/21.
The fundamental outlook for Dot in the long-term is great and still very much bullish , its total Market Cap is at $33.7 billion and currently ranked 6th biggest digital currency in the world after Bitcoin , Ethereum , Cardano, Binance Coin and Tether. Over the coming month we expect Dot to retest the previous ATH of $50 at the 161.8% Fibonacci extension .
Note this may not be a straight forward push, but a bullish momentum powered by 3 push phases. Use the Buy Zone area to map your entries, Zone 1 at the 23.6% level and Zone 2 at 61.8% Golden ratio. Overall, there is a high probability that Dot's price will break out higher (68% Gain from current price levels) as the bulls target the next resistance at $50.
Buy Opportunity Polkadot to set New ATH $50 Mid-late MarchPolkadot (Dot) Buy opportunity! Potential 50%+ Gain to set a New ATH of $50 at the 161.8% Fibonacci Level. Dot's price soared to a high of $42 on 20/02/21. Since setting this new ATH, it has lost some momentum, retracing down to a low of $26 on the 23/02/21 after such an impulsive move, but currently it is still trading 45% above this low 4days ago on the 23/02/21.
The fundamental outlook for Dot in the long-term is great and still very much bullish, its total Market Cap is at $33.7 billion and currently ranked 6th biggest digital currency in the world after Bitcoin, Ethereum, Cardano, Binance Coin and Tether. Over the coming month we expect Dot to retest the previous ATH of $50 at the 161.8% Fibonacci extension.
Note this may not be a straight forward push, but a bullish momentum powered by 3 push phases. Use the Buy Zone area to map your entries, Zone 1 at the 23.6% level and Zone 2 at 61.8% Golden ratio. Overall, there is a high probability that Dot's price will break out higher (50% Gain from current price levels) as the bulls target the next resistance at $50.
DOTBTC False Breakout Scalp Short 2021/02/27Pair DOTBTC
Direction Short
Entry 0.00073800
SL 0.00074937
TP1 0.00073402
TP2 0.00073061
TP3 0.00072777
TP4 0.00072436
Signal Rating 3/5
DISCLAIMER: I am NOT a financial advisor and this post is NOT financial/investment/trading advice. I will not be responsible for any actions you take based on the analysis and comments that I provide. I am simply sharing what I am doing, and is not meant to be investment or trading advice. What you choose to do with the information that I provide is your own sole responsibility! The cryptocurrency market is extremely volatile, and you WILL lose all your money if you are inexperienced! DO NOT risk any money that you cannot afford to lose and always be cautious and manage your risk!
Please support me by liking and following, and sharing your ideas and analysis in the comments! Thanks!
DOT 12h Global picture and levels for correctionIt's been three months since one of the first DOT ideas was published.
It was then that we wrote that there will be a correction from $6 to $4.40 where you can buy long. During this time, the price of DOTUSDT has grown by 1000% . Great result, buy and hold.
Here we will leave a link to one of the first ideas on DOTUSD , and the entire series of ideas, if desired, can be found in the search among our ideas.
And now it's time to clean up the chart from many levels and patterns and look at the picture globally.
Look at this parabolic rally upward, without any sensible correction.
It seems to us that it's time, it's time to start corrections in the near future.
The nearest tasty zone for buying in DOTUSD long is located in the area of $16.50, where at least some consolidation was taking place.
Or maybe lower, what to think of, we'll see over time :)
_______________________________
Since 2016, we have been analyzing and trading the cryptocurrency market.
We transform our knowledge, trading moods and experience into ideas. Each "like under the idea" boosts the level of our happiness by 0.05%. If we help you to be calmer and richer - help us to be happier :)
POLKADOT (DOTUSDT/DOTBTC) Daily Trade Setups 2021/02/20Hi guys! I will be sharing the trades that I take in real time, follow to see how my trades work out!
If you like this post, please support me by clicking the like and follow buttons. Also feel free to share your thoughts and analysis in the comments below!
And don’t forget to check out my daily analysis on Bitcoin, Ethereum, and Altcoins!
Trade Setups
Below are the potential trade setups that I would be interested in trading:
DOTUSDT
Long Trade Setup #1: Retest and Continuation (200MAs)
1. Price Action: Price needs to move back down to the 200MAs, currently projected to be @ $30-31 by the time price reaches it, and bounce back up.
2. Trade Entry Confirmations: Bullish candlestick pattern, above average volume, MACD bottoming
DOTBTC
Long Trade Setup #1: Retest and Continuation (200MAs)
1. Price Action: Price needs to move back down to the 200MAs, currently projected to be @ 60-61K Sats by the time price reaches it, and bounce back up.
2. Trade Entry Confirmations: Bullish candlestick pattern, above average volume, MACD bottoming
About Me
I started trading in 2008, first got introduced to bitcoin in 2009, and have been actively trading cryptocurrencies since 2016.
I have worked on Wall Street trading bonds, stocks, and options.
I have taken hundreds of live trades, each recorded with over 50 data points, all meticulously analyzed, using data analysis and modeling to optimize win probability and risk reward.
Why Follow Me
Daily analysis on the latest market movements and price zones for high probability trade setups.
Sharing of live trades that I take.
A great place to help each other, learn from each other, and grow together.
Trading education including a comprehensive cryptocurrency trading eBook, personal advice, and other educational materials
Constantly testing and adding new trading strategies and refining battle-tested ones.
DISCLAIMER: I am NOT a financial advisor and this post is NOT financial/investment/trading advice. I will not be responsible for any actions you take based on the analysis and comments that I provide. I am simply sharing what I am doing, and is not meant to be investment or trading advice. What you choose to do with the information that I provide is your own sole responsibility! The cryptocurrency market is extremely volatile, and you WILL lose all your money if you are inexperienced! DO NOT risk any money that you cannot afford to lose and always be cautious and manage your risk!
Please support me by liking and following, and sharing your ideas and analysis in the comments! Thanks!
POLKADOT (DOTUSDT/DOTBTC) Daily Trade Setups 2021/02/19Hi guys! I will be sharing the trades that I take in real time, follow to see how my trades work out!
If you like this post, please support me by clicking the like and follow buttons. Also feel free to share your thoughts and analysis in the comments below!
And don’t forget to check out my daily analysis on Bitcoin, Ethereum, and Altcoins!
Trade Setups
Below are the potential trade setups that I would be interested in trading:
DOTUSDT
Long Trade Setup #1: Retest and Continuation (200MAs)
1. Price Action: Price needs to move back down to the 200MAs, currently projected to be @ $28.5 by the time price reaches it, and bounce back up.
2. Trade Entry Confirmations: Bullish candlestick pattern, above average volume, MACD bottoming
Long Trade Setup #2: Breakout and Continuation
1. Price Action: Price breaks above and falls back down to $32.6 and bounce back up.
2. Trade Entry Confirmations: Bullish candlestick pattern, above average volume, MACD bottoming
Short Trade Setup #1: False Breakout
1. Price Action: Price breaks above and then falls below the high @ $32.6, forming a bull trap
2. Trade Entry Confirmations: A breakout candlestick followed by a breakdown candlestick, above average volume on both breakout candle and breakdown candle, MACD topping out
DOTBTC
Long Trade Setup #1: Retest and Continuation (200MAs)
1. Price Action: Price needs to bounce back up and close above 60K Sats.
2. Trade Entry Confirmations: Bullish candlestick pattern, above average volume, MACD bottoming
Long Trade Setup #2: Breakout and Continuation
1. Price Action: Price breaks above and falls back down to 64.3K Sats and bounce back up.
2. Trade Entry Confirmations: Bullish candlestick pattern, above average volume, MACD bottoming
Short Trade Setup #1: False Breakout
1. Price Action: Price breaks above and then falls below the high @ 64.3K Sats, forming a bull trap
2. Trade Entry Confirmations: A breakout candlestick followed by a breakdown candlestick, above average volume on both breakout candle and breakdown candle, MACD topping out
About Me
I started trading in 2008, first got introduced to bitcoin in 2009, and have been actively trading cryptocurrencies since 2016.
I have worked on Wall Street trading bonds, stocks, and options.
I have taken hundreds of live trades, each recorded with over 50 data points, all meticulously analyzed, using data analysis and modeling to optimize win probability and risk reward.
Why Follow Me
Daily analysis on the latest market movements and price zones for high probability trade setups.
Sharing of live trades that I take.
A great place to help each other, learn from each other, and grow together.
Trading education including a comprehensive cryptocurrency trading eBook, personal advice, and other educational materials
Constantly testing and adding new trading strategies and refining battle-tested ones.
DISCLAIMER: I am NOT a financial advisor and this post is NOT financial/investment/trading advice. I will not be responsible for any actions you take based on the analysis and comments that I provide. I am simply sharing what I am doing, and is not meant to be investment or trading advice. What you choose to do with the information that I provide is your own sole responsibility! The cryptocurrency market is extremely volatile, and you WILL lose all your money if you are inexperienced! DO NOT risk any money that you cannot afford to lose and always be cautious and manage your risk!
Please support me by liking and following, and sharing your ideas and analysis in the comments! Thanks!
POLKADOT (DOTUSDT/DOTBTC) Daily Trade Setups 2021/02/18Hi guys! I will be sharing the trades that I take in real time, follow to see how my trades work out!
If you like this post, please support me by clicking the like and follow buttons. Also feel free to share your thoughts and analysis in the comments below!
And don’t forget to check out my daily analysis on Bitcoin & Ethereum!
Trade Setups
Below are the potential trade setups that I would be interested in trading:
DOTUSDT
Long Trade Setup #1: Retest and Continuation (200MAs)
1. Price Action: Price needs to move back down to the 200MAs, currently projected to be @ $28 by the time price reaches it, and bounce back up.
2. Trade Entry Confirmations: Bullish candlestick pattern, above average volume, MACD bottoming
DOTBTC
Long Trade Setup #1: Retest and Continuation (200MAs)
1. Price Action: Price needs to move back down to the 200MAs, currently projected to be @ 57.5K Sats by the time price reaches it, and bounce back up.
2. Trade Entry Confirmations: Bullish candlestick pattern, above average volume, MACD bottoming
Long Trade Setup #2: Breakout and Continuation
1. Price Action: Price breaks above and falls back down to 64.3K Sats and bounce back up.
2. Trade Entry Confirmations: Bullish candlestick pattern, above average volume, MACD bottoming
Long Trade Setup #1: False Breakdown
1. Price Action: Price breaks below the then rapidly climbs above 64.3K Sats, forming a bear trap
2. Trade Entry Confirmations: A breakdown candlestick followed by a reclaiming candlestick, above average volume on both breakdown candle and reclaiming candle, MACD bottoming
About Me
I started trading in 2008, first got introduced to bitcoin in 2009, and have been actively trading cryptocurrencies since 2016.
I have worked on Wall Street trading bonds, stocks, and options.
I have taken hundreds of live trades, each recorded with over 50 data points, all meticulously analyzed, using data analysis and modeling to optimize win probability and risk reward.
Why Follow Me
Daily analysis on the latest market movements and price zones for high probability trade setups.
Sharing of live trades that I take.
A great place to help each other, learn from each other, and grow together.
Trading education including a comprehensive cryptocurrency trading eBook, personal advice, and other educational materials
Constantly testing and adding new trading strategies and refining battle-tested ones.
DISCLAIMER: I am NOT a financial advisor and this post is NOT financial/investment/trading advice. I will not be responsible for any actions you take based on the analysis and comments that I provide. I am simply sharing what I am doing, and is not meant to be investment or trading advice. What you choose to do with the information that I provide is your own sole responsibility! The cryptocurrency market is extremely volatile, and you WILL lose all your money if you are inexperienced! DO NOT risk any money that you cannot afford to lose and always be cautious and manage your risk!
Please support me by liking and following, and sharing your ideas and analysis in the comments! Thanks!
Polkadot way to 50$Dot still have power, i don't post indicators to keep chart clean, but 1 day is not maxed at all, i checked orders wall on Big Exchange using Span and the big wall for DOT is 50$.. so for now the King lost Dominance and it's party time for Altcoins. this analyse can turn wrong as altcoins pushed a lot but still possible. like aways you have to invest wisely and keep an eye on the king all the time.
- TP1 : 38$
- TP2 : 50$
- i don't use any stop loss for Polkadot, just restack it if i miss a trade opportunity.
Happy Tr4Ding !
DOT 12h Preparing for another upward momentum?To your attention DOTUSDT which made x4 in a month and it looks like it has no plans to stop)
Unsurprisingly, this coin has collected almost the most votes in our weekly digest to analyze it . We promised - we are doing, by the way, you still have the opportunity to offer your options for analysis.
Around the level of $18.80, sellers became active a little and were able to shake the DOTUSDT price by $4 down to $14.70.
However, it looks like buyers are not planning to give up.
At the moment, the DOTUSD price is consolidating below the level of $18.80.
Such a process can be regarded as preparing buyers to drive the price higher.
The targets from above were slightly corrected, now the zone is $21.50 - 24 . It is these two levels that we will be watching closely as they can become serious resistance for the DOT price.
To drive the price up, buyers should not let the DOTUSDT price fall below $16.50.
We will receive a strong buy signal from the chart when the DOTUSDT price can confidently fix above $18.80.
DOT is pretty technical right now, if you're curious, you can check out our series of DOTUSDT ideas in the related ideas below.
_______________________________
Since 2016, we have been analyzing and trading the cryptocurrency market.
We transform our knowledge, trading moods and experience into ideas. Each "like under the idea" boosts the level of our happiness by 0.05%. If we help you to be calmer and richer - help us to be happier :)