PolkaDot TradeI open a buy order on this continuation figure, the trend allows me to keep a fairly large stop loss at about -30% below $ 15; Excellent R / R over the medium term.
The MACD below slightly lags the possibility that the trend will continue to rise.
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12U6rzz5JFXunUasYWxivgrQGMdZsbn3S2cr33FvcJytBcDo
Polkadotusd
[20%] DOT / USDT (LONG)Analysis :
- We still in the canal
- The resistance of the triangle can be break (up) or we go to the canal support
- first target 46.5$ - 47.5$ : 20%
- second target 50$ : 28.5%
- third target 54$ : 37.8%
Polkadot is an open-source sharding multichain protocol that facilitates the cross-chain transfer of any data or asset types, not just tokens, thereby making a wide range of blockchains interoperable with each other.
This interoperability seeks to establish a fully decentralized and private web, controlled by its users, and simplify the creation of new applications, institutions and services.
The Polkadot protocol connects public and private chains, permissionless networks, oracles and future technologies, allowing these independent blockchains to trustlessly share information and transactions through the Polkadot relay chain (explained further down).
KSM Kusama -Japanese madness 🗾🗻🗾The Kusama network is Polkadot's experimental, community-focused R&D network. If you held the DOT indicator token at the time of the genesis block of Kusama, you are entitled to claim an equivalent amount of KSM on the Kusama network.
As stated on Google, 'Kusama is a scalable multi-chain network for radical innovation and early stage Polkadot deployments. Expect Chaos. No promises' .
With competition like this, Ethereum and CArdano will need to be on top of their games to win the race.
PS. They certainly do not luck in blockchain knowhow nor creativity 👈😹
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/USDT- Pattern held!As you can see in the previous idea, we found a correlation between polkadot, its pump and subsequent retrace to the 21 EMA.The last two cycles played out to the T. Pricing in data from these last two targets, we are looking at our next target being in the neighbourhood of 34.60$. With ethereum and BTC continuing to trend up, this seems to be the likely outcome. Lets try taming the bull together....Cheers and trade safe!
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If any of these charts have helped you and you are feeling generous, feel free to get my next cup of coffee at -
Polkadot -
136bjmX5926cUtHJynzAWPmZWDLqPNR7sX2sRW3h5fbSQMNh
BTC-
1Hm6UbMPRbnM6YK2bDvat7y4aFUJcLTmqJ
Eth-
0x2E1bbB45b5D44De0C126E81AA92a61503a0cEF43
REEF has broken its resistance and know testing as a supportThe candle is testing the upper bound, if it bounces again the resistance will moves into support.
Wait for the bounce then create your trading plan.
Always follow your plan.
I will recommend this token for a mid-term trading.
I will update you in 1-2 weeks ;)
Stay safe
DOT REVERSAL, START OF A NEW UPTREND.DOTUSDT has sucesfully made higher highs, and higher lows, signaling the end of the downtrend and the start of a new uptrend.
This dip will probably remain as the Day's low and we can now continue onto higher highs and a possible retest of the ATH.
We only need to continue the bull market for this to happen.
$DOTUSD - Long above 18.10Hello everyone!
Here is my Polkadot overview.
I believe Polkadot is one of the top coins for long term investment.
As for short-term follow the triangle formation and wait for a breakout confirmation to go long.
Pay close attention to the purple support line, I believe DOTUSD will touch this line once more time after hitting a resistance and skyrocket.
PolkaDot Looks ready for another Leg Higher. PolkaDot Looks ready for another Leg Higher. DOT holding support looks ready to leg up soon. BINANCE:DOTUSD
Great opportunity in DOTBUSD 4H - Price correction!?Technical analysis regarding the price of POLKADOT in relation of dollar Binance for the next scenarios, based on 4 hour movement.
The price after this upward movement is correcting and is also accumulating very well ~ walking sideways on the chart ~ and, drawing Fibonacci projections, I get to where the price can actually finish correcting and thus proceed with its main bullish trend! I believe the price will reach the 0.618% region that coincides with support and will rise again.
Exponential Moving Averages gaining distance and the price is above it! Financial volume falling (I believe in the breath that the bulls are taking and will soon boost the price again!)
disclaimer
*** This is not a recommendation to purchase and/or sale. It is for educational purposes only. ***
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.
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