DOTSOL_6M5NJK.USD trade ideas
DOTUSD Potential for Bullish Rise | 28th July 2022On the H4, with price breaking the descending channel, and showing a bullish flag pattern, we have a bullish bias that price might rise from our buy entry at 7.52, which is in line with pullback resistance to the take profit at 8.46, which is in line with overlap resistance. Alternatively, price may drop to our stop loss at 6.55, which is in line with the swing low support.
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Long Polkadot (DOT) vs USDTDOT finally found floor at $26. This area had to be tested as support once again and now it's ready to challange the ATH's IMO.
DOTUSDT is testing MA200 from below and as long it trades above it and flips it to support, I'm bullish on DOT.
This is an aggressive entry here, more convention entry would be once it flips $33 to support.
One of my favorite crypto project out there that hasn't shown it's true potential yet. It's a Top 3 project IMO.
Make sure to take profits on the way up.
Good luck.
DOT/USD consolidates near $6.71 amid bearish windsDOT/USD consolidates near $6.71 amid bearish winds
Polkadot price analysis reveals that the DOT/USD pair is consolidating around $6.71 today after a slight pullback from yesterday’s high at $7.19. The bulls had earlier pushed the price up to this level following a period of sideways trading between $5.50 and $6.71. The Resistance for DOT/USD is set at $7.19 while support lies at the $6.64 level.
POLKADOT 1D FORCASTHello everyone
As u see ,we have a bearish wedge that broked upside...
At firs we can see higher price then a dropp!!
Be success!!
POLKADOT/USDHi everybody
here is my idea about polkadot, the Target is 11.8<*<12
ST can be lower than 6.5
Polkadot DOT at important trendlinePolkadot DOT at important trendline
Exciting to watch what DOT will do within the next days - a confirmed break to the upside and bottom might be in
But a danger of fakeout always has to be considered dear Crypto Nation
Who is a DOT HODLER? Tell me...
*not financial advice
do your own research before investing
DOTDOT Looks good at this point for a great ROI risk to reward! All timeframes are lining up together for maybe a test of $12.00
DOTUSDbetter look non phone chart as previously posted
retested breakout high from 2020 and bouced
might see a pullback across the board, soon or aug for muh mt gox btc unlock
eitherway fundamentally psycologically we appear to have seen max fud
next is cuck breakout longers?
thensend eet?
or macro recession also but unemployement would suggest otherwise and inflation is still fairly uncontrolable despite the feds warpath best efforts
time will tell
Dotusd67% ish to the .382 of the downmove
This thing still only has 2 useable chains built into it as far as im aware...
Any fundamental catalyst from here should see some serious relief, havent heard of anything yet but the chart looks nice and its not moved yet compared to other highly rated L1s
DOT! this pair is being supported on the weekly time frame by a price of $6.8ish. i believe in a possible pull back to the $7.3ish to $8.4ish range expecting one of those to serve as a new short term resistance.
DOTUSD 8.80 short-term targetPolkadot (DOTUSD) has been trading within a clear Channel Down on the log scale ever since its last market top in November 2021. The price has been unable to break above the 1D MA50 (blue trend-line) since April 21. The recent Bullish Divergence on the 1D RSI though (being on Higher Lows against the price's Lower Lows) may be a first indication of an upcoming rebound at least on the short-term.
In fact the price action since mid-June is similar to that of February - March. The rebound on that sequence was to the 0.618 Fibonacci retracement level, which on the current pattern is a little over $8.80.
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Polkadot longPolkadot broke trough the descending trendline. Asset broke trough the resistance level. Bullish movement to resistance level at 7.345 is expected to happen.
DOT - Falling WedgePolkadot has formed a falling wedge on this four hour timeframe
Falling wedges are a bullish pattern and dot if a break out occurs will act bullishly
DOT - Bullish PennantBullish pennant is forming with a likely upward breakout.
Fib-levels align at $8. That would be the first take profit.
It's a pretty self-explanatory chart, you guys can figure it out.
RetestingWell I'm taking a buy order here as we retest the 7.05 range. If we break through the resistance I look for us to keep moving up but if not we may take another dive down. Guess time will tell and we'll see.
DOT - Possible short-term recovery
DOT has been in a corrective pattern for 2 months, and my primary scenario considers this is a flat correction (green ABC).
If the top trendline is broken, I´ll look for trades targeting the following levels (yellow boxes):
- 8.45 (recent resistance and 38.8% pullback)
- 9.75 (minimum level for a flat and 61.8% pullback)
- 11.22 (major resistance and 88.6% pullback)
- 13.13 (123.6% pullback, which is a typical level for flats)
DOT/USDTesting/tracking elliot wave theory. Please do not trade off idea without S/L. Not financial advice.
We're currently sitting on the big green support line, if we lose this we have another support around $3(unlikely)
We have already dropped by 88%
Going down to the bottom green line would be about a 94% drop from ATH
$6 to $3 is 50% drop.
We have a small unlikely chance for another 50% drop with a possible gains of 972%
Risk Reward ratio: 16 for current price @ $6.9
The more you can get at any price lower than current, your RR ratio is even higher.
Polkadot Adam & Eve Bottom Pattern (90%+ Potential Profits)We have a classic pattern show up on the DOTUSD (Polkadot) chart.
The low was set 13-June;
DOTUSD continues trading above support (light blue).
Currently, we can see prices challenging EMA10, which is the first barrier to conquer for the bulls to move ahead.
As the days go by and prices grow...
We can have a massive bullish wave!
First, easy 30%...
Followed by, 90%+.
You can find more on the chart.
Remember to plan ahead.
Remember patience...
The market gives, the market takes.
Be strong.
Play safe.
Thanks a lot for your support.
Namaste.
DOTUSD Candlestick IdentificationMy 2 cents on on trending phase analysis, showing different candles to identify upcoming bullish trend.
DOTUSD Bullish IdeaBullish engulfing pattern observed along with Higher Low peak. This leads to an assumption that the trend will be bullish.
Going DownWe have the harmonic pattern along with the break of the trendline then a retest and rejection off support which is now resistance....
