is going down at least for few daysis going down at least for few days, is going down at least for few days
DOTSOL_6M5NJK.USD trade ideas
DOT S/R FlipLooks like a possible resistance flipped to support to me. However, if it breaks, $40 would be my next look. Thoughts?
Also, I don't think I have enough lines on my chart. : ]
DOT confirming ATH breakoutWatch for a daily close and even tomorrow's weekly candle close above the previous ATH for further growth and advancement.
Obviously the opposite would indicate bearish potential.
Polkadot #DOT 1D - Bearish DivergencePolkadot (DOT) has had an amazing run up to an ATH recently. Now it seems there is retracement going on and a Bearish Divergence in sight on the 1D Chart. I set up a few trend lines to watch out for mixed in with Fib levels. DOT is following a nice channel in an upward direction since launching but it is also touching the top of the channel so keep that in mind. Lastly, RSI needs a cool down in order for another leg up.
What are your thoughts? Comment below, hit the like and follow me. Thank you!
Disclosure: This is just my opinion and not any type of financial advice. I enjoy charting and discussing technical analysis . Don't trade based on my advice. Do your own research! #cryptopickk #bitcoin #altcoins
DOT continues to retrace at $51 as trading volume dipped by 33%The Polkadot price analysis reveals that the coin is in a bearish grip today again after going through loss yesterday, following an all-time high. The DOT’s ATH journey was quite interesting as the coin kept covering upwards range continuously for four days, as the bullish momentum was healthy enough and the DOT started retracing when declined at $54 on 4th November. Polkadot is still maintaining above the $50 psychological mark, the coin is on a downtrend for the second day now, but many veterans are speculating for more upside in the coming days.
More price discovery for DOTHad a bunch of asks for DOT.. thought I would share my view.
Support zone being tested, so maybe a pop to new highs
Fibo
DOT Where to Next?This is where I see DOT next few days.
PT $56, $60, $62
Watch DOT.D for guidance on areas to peak, cash out and jump back in.
Good Luck
DOT ThoughtsWould love to get some feedback on how I'm analyzing this. Based on how I'm looking at DOT it should be at around $48/coin on the 24th of October '21 peaking out on the 21st of October '21 at around $52/coin.
Feels like a pretty basic analysis, but is there some merit to this approach? Am I missing some baked in models that make this type of analysis easier? Appreciate any feedback!
DOT could be getting ready for the next upside move!BINANCE:DOTUSD has broken out of the range and is trading near all time highs. It could potentially do a pullback to the support level (around 48 in 45/50 range) and if that holds then it should resume the uptrend. Keep an eye for a breakout above the recent high made at 56.22
Bullish DOT retraces to $52.6 as trading volume goes down by 16%The Polkadot price analysis shows the coin is correcting today as it has retraced back to $52.6. Overall, DOT/USD is bullish as it continues to discover new heights every day, but today’s price function is on the bearish side. Yesterday’s price function was also bearish for the first half of the session, but the bulls regained control and took Polkadot to a new record high. Today again the price is sliding down till now.
Dot Bull flagJust checking out this bullflag from DOT. Hopefully this will come true :) hahahah but maybe not :)
Polkadot (DOT) next move. Very Similar to SOL of course. In this case, I am expecting a fill of the inefficiency on price. If it goes below the red line I am expecting it to drop a bit further down.Polkadot might explode very high.
I might be wrong. This is not financial advice.
polkadot possible C&H ???After some strong momentum, it looks like polkadot has formed a possible C&H pattern on the daily. not sure ....
If this C&H is valid, assuming that q4 is THE most bullish Q of the year, then we can prob see a potential 80% move to the upside. Target should be around $ 58,***.
$DOT accumulate, stake then wait for $100 PolkadotNow is the time to start buying $DOT. We could see a further pullback down to support between $8-$10 USD. However it is holding its channel nicely. For that reason waiting for a dip down to the those levels could be risky. A good DCA strategy will position you well for the next move up towards the top of its channel. Fib extensions take us all the way to $230, on the conservative end we are looking at $100 - $130.
Best thing about holding this for the next six months is staking! An easy 12% can be gained while you wait for it to hit its peak.
#DOTUSD bull run targets1. target 55$ (within 1 week)
2. target 65$ (within 2021)
3. target 83$ (early of march 2022)
DOT right directionDOT is hitting new price levels and continues on its way to the next ones, the trend looks healthy and strong, but this is the cryptocurrency market and there is always a risk of abrupt behavior (always keep this in mind)
DOT/USDT Ready for $65 in short term ?#DOTUSDT LTF Chart:
$DOT Already 150% up from our 1st entry.
Now..?
$52 is good support if hold then we can see $65 Next stop.
Otherwise $49 will be Good entry at support 2.
DOT Cup & Handle Confirmed $220 to $400 Target Theres multiple cryptos that are playing out a nice cup and handle pattern. DOT is another one of them. The measured move would bring it to about $220 with a possible blowoff top of $400-$500 depending on what big boss Bitcoin does. Good Luck to you all, let me know what you think and follow me for updates. This is not financial advice, just my opinion. Thank You
DOT Short Term TradeThe Price has been trying to break the decreasing trendline many times now and now it has succeeded with a very bullish candle. A retest has taken place and now it's the good time to enter long and aim for 53$. Gd luck (NFA)
MY DOT SHORT POSITION!I think DOT might pull back a little bit to 48$... Lets see how this trade goes entry is 52.7$ take profit 49.1$ stop loss is 53.8$
