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DOTBTC trade ideas

Will DOT Explode Next Week?This is my analysis of the pair BINANCE:DOTBTC . Both MACD and RSI indicators show some upcoming Bullish sign to the current price. 20 MA is sloping up, Bollinger Band is squeezing hard, and Buying Volume is picking up. Expect a small retracement (if any) before breaking out of the range. Hopefully, the price still closes above the 20 MA for the next few days. Note: There might be a low trading volume during this coming weekend, but will Polkadot manage to make a U-Turn to the upside next week? Please comment and share your thoughts. Happy Trading!
Long
by AN_CHAU
1
Dot ready for lift off?Polka dot looks like it's just broken out of its falling wedge after a healthy retrace. At the same time, the .618 fib which has been very strong support in the past and resistance now, has just been broken! Also MACD is flipping to green while volume is slowly gaining momentum. We have slight resistance at the .5 fib and 20MMA, however, if we get rejected from .5 yet hold .618 , an inverted head and shoulders pattern will start to form. Also looks like Three White Knights pattern is forming on the daily chart. We have a ton of upside but if we fail to hold .618 fib, we'll likely drop to somewhere around the .786 fib. Not financial advice but I am very bullish here. Good luck!
Long
by hashbang
1
DOTBTC on Bitfinex completed Gartley | Upto 65% move expectedThe priceline of Polkadot (DOT) with Bitcoin pair on Bitfinex has completed bullish Gartley on the 2-day chart, In my point of view this move is more likely to be firmed than the move on Binance chart with Bitcoin pair, that I posted earlier as below: The targets as per the Fibonacci sequence of Gartley are: Potential reversal or buying zone: 0.00037629 to 0.00031935 btc Fibonacci projection or sell zone: 0.00042099 to 0.00052901 btc Regards, Atif Akbar (moon333)
Long
by moon333
1