DOTBTC trade ideas
DOTBTC appears to be marking up5% target prbly hits tonight...
once mid funnel level, potential for a move to thetop of the funnel (big % gain) :)
twice deviated out of funnel when btc was pushing to aths
now it looks like dot about to move to price discovery also vs usd
hence the reclaiming of the bullish funnel vs btc
sned.exe
DOTBTCthink this one has a very good couple of months...
strong reation to the deviation outside of bullish funnel
forming a pennant at the base of the funnel
probably breaks to theupside imo
i think the 1.618 extension by november is a possibility for this one as it seems to be leading the charge in terms of bullish l1s
dot-sol-atom-eth rn for me
"BITCOIN ONLY, NO ALT RUN IN 2021" That was sarcasm by the way. Thank you DOT for proving that strong alt projects are very much alive and no, BTC dominance is not 'too high'.
Expect more of this from more great projects for the rest of this year, and don't forget to take profits/tip your bartender.
DotBtc trading opportunityDot moving in potential rising channel.
Kindly follow the suggested BUY zone on the chart
Thank you.
Note:
It will be good to always understand risk involve in trading. Always trade with stop Loss in place.
Set up an entry/exit strategy for every trade, with good risk/reward ratio. We wish everyone success.
Polkadot/BTC Pair chart - Cup & HandleThis is the Polkadot chart pairt with Bitcoin, whenever we see this Cup & Handle "Breakout" we can expect Polkadot to enter an amazing alt phase with targets above all time high!
Not financial advice and only valid "IF" this Cup & Handle breaks out and gets a confirmation!
DOT - On supportLooks like this is an important level for DOT to hold in the short term. Already lost a trend line, which has also acted as resistance. If this support is lost then price should land on the blue support.
Fundamentals should wake up price action in the not too distant future though. Parachain auctions are not far away, although not sure exactly when yet, and I would expect that will lock up a lot of DOT and we could see a strong move at that point.
Until then, chart leans bearish vs BTC with this descending triangle forming.
DOTBTC - Good point for scouting an entryBecause of the btc dominance chart getting a pump btc is stronger then ALTS and the BTC Pairs are getting beat up.
DOT is holding up well just searching a weekly higher low. I think we will soon set that higher low in the green box.
If we would drop lower to the trend line that would be all in for me but i don't think we get that far.
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DOTUSDT is testing the daily support 🦐DOTUSDT is testing the daily support inside the descending channel. IF the price is going to have a breakout According to Plancton's strategy (check our Academy ), we can set a nice order
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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.