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DOTBTC trade ideas

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!
Short
by cryptotraderog
2
DOTBTC is creating a bullish flag The price retested the previous daily resistance as a support, and now it's inside a descending channel. IF the price will have a breakout, According to Plancton's strategy (check our Academy), we can set a nice order ––––– Follow the Shrimp 🦐 Keep in mind. 🟣 Purple structure -> Monthly structure. 🔴 Red structure -> Weekly structure. 🔵 Blue structure -> Daily structure. 🟡 Yellow structure -> 4h structure. ⚫️ Black structure -> <4h structure. Here is the Plancton0618 technical analysis, please comment below if you have any question. The ENTRY in the market will be taken only if the condition of the Plancton0618 strategy will trigger.
Long
by InkyGrip
8
💡 It's a great buy opportunity in DOTBTC @Polkadot @bitcoinTrading suggestion: . There is a possibility of temporary retracement to the suggested support line (0.00058400). If so, traders can set orders based on Price Action and expect to reach short-term targets. Technical analysis: . FILBTC is in an uptrend, and it is expected to continue. . The price is above the 21-Day WEMA, which acts as a dynamic support. . The RSI is at 69.58. Take Profits: TP1= @ 0.00070000 TP2= @ 0.00074220 TP3= @ 0.00078700 TP4= @ 0.00085400 TP5= @ 0.00092000 SL= Break below S2 ❤️ If you find this helpful and want more FREE forecasts in TradingView . . . . . Please show your support back, . . . . . . . . Hit the 👍 LIKE button, . . . . . . . . . . . Drop some feedback below in the comment! ❤️ Your Support is very much 🙏 appreciated!❤️ 💎 Want us to help you become a better Forex trader? Now, It's your turn! Make sure to leave a comment. Let us know how do you see this opportunity and forecast. Trade well, ❤️ ForecastCity English Support Team ❤️
Long
by ForecastCity_World
45
💡 It's a great buy opportunity in DOTBTC @Polkadot @bitcoinTrading suggestion: . There is a possibility of temporary retracement to the suggested support line (0.00058400). If so, traders can set orders based on Price Action and expect to reach short-term targets. Technical analysis: . FILBTC is in an uptrend, and it is expected to continue. . The price is above the 21-Day WEMA, which acts as a dynamic support. . The RSI is at 69.58. Take Profits: TP1= @ 0.00070000 TP2= @ 0.00074220 TP3= @ 0.00078700 TP4= @ 0.00085400 TP5= @ 0.00092000 SL= Break below S2 ❤️ If you find this helpful and want more FREE forecasts in TradingView . . . . . Please show your support back, . . . . . . . . Hit the 👍 LIKE button, . . . . . . . . . . . Drop some feedback below in the comment! ❤️ Your Support is very much 🙏 appreciated!❤️ 💎 Want us to help you become a better Forex trader? Now, It's your turn! Make sure to leave a comment. Let us know how do you see this opportunity and forecast. Trade well, ❤️ ForecastCity English Support Team ❤️
Long
by ForecastCity
6
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!
by cryptotraderog
2
Short-term trading kills your deposit (2 part)Let's explore the topic of our previous post a little more and see what other mistakes you could have avoided. As we identified in the last article, the first mistake was trading on the news. Second on the list, but not the second most important, is your trading style. Your profit depends on the trading style you follow, it's a fact. At Pennygene we are supporters of long-term trading and investments, but there is also short-term intraday trading. To understand why we are not in favor of the intraday style, let's find out what makes it so special. Almost all beginning traders come to the market with a small capital of up to $10.000. It seems to many people mistakenly, that they cannot make a large fortune without using the leverage and dozens of deals every day. Sometimes intraday traders use more volatile assets and this approach becomes very dangerous and unreliable when combined with big leverage and market bounces. So any minor correction of 5-7% can ruin your deposit, and for the cryptocurrency market, these kinds of dumps are commonplace. Newcomers to trading mistakenly think that a basic knowledge of patterns, price, and trading volumes is enough to succeed in intraday. But this is far from being true. I have repeatedly heard from traders with many years of experience that they think they have not enough knowledge for intraday. Even with a small capital, a long-term trading style can bring you stunning results. Our reports confirm this. May the big profit be with you!
Education
by pennygene