DOT in accumulation zone!Hello followers and haters,
I figured out that almost everyone here hates longterm analysis so I will post another one.
We can see DOT once again in beautiful accumulation zone , zone where I personally started accumulating tokens in previous cycle and in this one as well.
We are looking to take some profits on the FIRST TP where we can expect anywhere from 1 00% to 200% depending on our average buy price.
Second TP will bring us anywhere from 300% to 350%.
If we however drop even lower (WHICH WOULD BE AMAZING) there is an ALL-IN zone where I will be looking to put more money on my buys.
My accumulation is buying some DOT every 2-3 days while we are in the zone.
I marked only 2 TP zones for and as we will move UP in the BULL RUN I will post updates on where my next TP zones are.
Hope this helps, play it smart and stay patience!
DOTEUR trade ideas
Trading Signal: DOTEUR - Sell OpportunityGreetings, traders! Here is a potential trading signal for the DOTEUR currency pair based on the latest analysis using our cutting-edge EASY Quantum Ai strategy.
Direction: Sell
Enter Price: 4.146
Take Profit: 4.00733333
Stop Loss: 4.24233333
Our forecast suggests a bearish move for the DOTEUR pair. Here's why we anticipate this trend:
1. Technical Indicators: Our analysis highlights several key indicators pointing to a downtrend. The relative strength index (RSI) is showing signs of bearish divergence, while moving averages indicate downward momentum.
2. Market Sentiment: The overall market sentiment leans bearish due to recent economic data and investor outlooks from primary sectors indicating a potential decline in demand for DOT.
3. Economic Factors: Recent macroeconomic events, such as fluctuations in European market stability and interest rate changes, have increased downward pressure on the DOTEUR pair.
This signal presents a strategic opportunity for selling at the projected enter price, with clearly defined take profit and stop loss levels to manage risk effectively.
Kindly ensure you conduct your due diligence and risk management practice before taking any trades. Happy trading!
DOT 60% PULLBACK?i suspect with the fed raising interest rates investors will be looking to ride the crypto safeheavens again.
DOT looks in pole position to test its 0.3 fib level to either bounce or a continuation to the down side.
Took a small position at 15.12 My target is set for 24.80 Minimum gains of 62%
Polkadot DOT - Long term playHello loving crypto community.
I've been in a shadow for the past year, just following the gains of my positions previously posted, transferring them to the king $BTC.
Now is the right time to prepare ourselves for the new enter in some interesting positions.
First of those positions are DOT. Wonderful project, with top technology which will, certainly, stay a one of the most important players in the crypto.
As a pandemic hit the world hard, we need to expect that constant money printing and economic push from governments around the globe will result with a possible global market crisis. How big it will be? No one can know that. My scenario is that we will see lot of drops and sideways movements in crypto. Many projects will disappear, etc.
I am certain that $DOT will break its previous highs and that will go much much higher (long term - 2 years+).
However, there would be some nice entries for it in this year.
Those are levels that I am currently looking at. I will buy at these levels, but please do your own diligence and market analysis.
Buy orders
Target 1 - around 14.5€
Target 2 - around 11.5€
Target 3 - around 9 €
All those targets are in Euros (€), and are just my views on the current state of the $DOT.
Remember. We are here long-term.
Feel free to share your thoughts and strategies with us, let's win against the market! :)
STANDARD DISCLAIMER: This is not a financial advice. This is just my opinion on the current market. Always do your own diligence.
Trend Following Without PriceHello everyone!
Trend following is one of the most simple technical analysis approaches but quite difficult concept to carry out in markets.
Hardest part about it is to follow a trend until it ends. Following trend is just like standing outside and waiting when it will start raining.
You know that at some point it is going to start to rain but you don't know when it precisely happens and how wet will you get.
One good way to train patience and discipline to calmly follow trend is to remove all price data from charts. To understand logic behind that
trader must understand that until trend is in force it's not important what current price is. It's not important what it was 2 weeks ago as well it's
not important what price is tomorrow - until trend continues. Trader will sell only when by his/her definition trend is over i.e. sell signal is
triggered.
This is educational post and if somebody want's to try it then go ahead. I am not saying that you should always follow trend blindly. There are different
styles within trend following like scaling in & scaling out; different methods how to trail stops etc. where checking price data is necessary.
I am just pointing out one way how to train yourself if you feel some anxiety or feel stress holding positions and always want to cash out.
I added second identical chart with revealed price data and feel free to compare them and see how these charts look different.
Thanks and enjoy your trading :)
X.ABC corrective wave in this zone on $DOTDOT to form a corrective x.ABC wave to further decide the upcoming movement in the price. I m expecting further downside as the market needs a refresh in the end of the year and a new start In the start of the coming year. this is going to be a good opportunity for the new comers
$DOT - perfect Bullish pinbar in daily. PLACING LONGSPOLKADOT has formed a very nice daily pin bar here where it is. It looks one of the perfect entries from my point of view, in where the MACD is about to cross from below indicating a bullish movement.
The bounce on the MA55 is just awesome to me.
Anyone trading with stop loss has great opportunity here since the SL is really tight.
**WILL BE UPDATING**
$DOT MASSIVE LONGRUN PREP. HANDS ON IT‼️DOT performed pretty nice breakthrough after which i am looking really tough long positions adding to my portfolio. i'm just going to wait for a little pullback from where it is to start adding massively positions to my whole holding off polkadot. this is going to be huge guys, as having had advertised in the past, this is going to hit target and more. justride the train.