The Reversal has Begun DOTUSDSimilar situations can be seen between the previous reversal and the one we are about to see
entering into DOT right now is nice because it is already in a state of reversal
Trying out new indicators
DOTUSD.P trade ideas
DOT/USDHello everyone, if you like the idea, do not forget to support with a like and follow.
DOT BEARISH PATTERN.
REMINDER: THIS IS NOT FINANCIAL ADVICE.
$DOT starting to outperform $ATOMDOTUSD appears to beginning some outperformance compared to one of its peers, ATOMUSD. They are both interoperability tokens that have similar goals and functions. I would personally put them in the same group, but correct me if I'm off base.
On a 6 month basis, ATOM has outperformed DOT by a significant amount over the past 6 months depending on your point of reference.
ATOM has a market cap of roughly $8 billion. DOT has a market cap of roughly $29.5 billion.
If this recent outperformance by DOT continues, it could began to catch up to its peer, which has really been putting the petal to the metal over the last six months. Could be DOTUSD's turn for some sustained outperformance.
Long-term view of ATOM's outperformance over the last 6 months.
DOT has massive upside from current levelBINANCE:DOTUSD
after hitting a 88% retrace DOTUSD looks to have bottomed and looking to run
will we see a macro turn around to help push these levels higher?
DOT LongPolkadot token (DOT) found support on higher time frame and price made a higher high formation, which was the first bullish sign after long period of price decrease from December ATH. DOT is now moving bullish from the break out of descending triangle pattern. The same pattern was established in July last year, when DOT bottomed out at around $10. RSI is nicely picking up and is in bullish zone on daily chart, price is above 13- and 20- moving average, indicating, bulls are in control.
Dot price movement predictions NGU NFAi see either a lower low fake out, back to range, then pump in the 'orange'.
Rise from here in the 'green', or bull-trap the breakout traders & stop em out with an insta-low in the 'yellow'.
As long as btc keeping this pa, I see no reason why any of these 3 can't play out. NGU NFA
DOT - Attempting some sort of recoveryDOT broke down from the MAJOR 23-24 support, which then served as resistance.
Next major support is at 10-11, but we at least broke out from and retested the green falling trendline (blue circle). We could see a recovery to retest the 23-24 resistance.
My trading plan is to wait for one more down leg, then look for longs up to resistance.
BULLISH TREND IN DOT/USDT There is a bullish tendency for DOT/USDT from 3,4 days. Long would be beneficial here
DOT - Parallel Channel testWe will see how this plays out. What we're really looking for is another crypto bull run this year.
Take care.
DOT Exchange Trading Idea 22-03-20DOT is STILL hovering around 83.5% for the past two weeks or more. Really almost a month since it first came down here. As with all cryptos, there is no technical reason to expect price to move up. It even bounced off the 50 EMA this week.
DOT: long opportunity Hello Colleagues, it seems that DOT has broken the descending triangle. it is good to hold some especially between 17-19$. DOT has been undervalued for the last months, and this breakout may reverse the trend especially if it will be confirmed again by a new higher high.
My stop loss will be a daily close under 15$ which may lead to more drop.
@ Kurd_Crypt
DOTUSD D1: 1000%+ gains THE BEST Level to BUY/HOLD (SL/TP)(UPDATWhy get subbed to me on Tradingview?
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DOTUSD D1: 1000%+ gains THE BEST Level to BUY/HOLD (SL/TP)(UPDATE)
IMPORTANT NOTE: speculative setup. do your own
due dill. use STOP LOSS. don't overleverage.
IMPORTANT NOTE: read entire idea before
execution. Tagged as BULLISH because I expect
reversal once we hit 8/9 USD.
🔸 Summary and potential trade setup
::: DOTUSD D1 chart review
::: chart looks good /strong
::: HOWEVER short-term
::: expect 40-50% correction mode
::: setup still valid as of right now
::: previously massive BULL TRAP after
::: FAILURE to break CYCLE HIGH
::: get ready to BUY LOW later
::: expecting BEAR TRAP near 8/9USD
::: i.e. FAKE BREAKDOWN of key S/R
::: best reload bulls near 8/9USD later
::: expecting 1000% bull run
::: re-test of sliding S/R line
::: near 100 USD later
::: BULLS stay out be ready later
::: expecting short-term correction
::: BULLS get ready to BUY after CORRECTION
::: TP bulls is +1000% gains later
::: expecting decent gains soon
::: 40-55% CORRECTION short-term
::: recommended strategy: BUY/HOLD after CORRECTION
::: TP BULLS +1000% gains / 25 USD
::: BEST reload BULLS near 8-9 USD
::: TP BULLS is 100 USD final EXIT
::: SWING TRADE: BUY/HOLD IT
::: bull run not over yet
::: good luck traders!
::: BUY/HOLD and get paid. period.
🔸 Supply/Demand Zones
::: N/A
::: N/A
🔸 Other noteworthy technicals/fundies
::: TD9 /Combo update: N/A
::: Sentiment mid-term: BULLS
::: Sentiment short-term: BEARS/PULLBACK
RISK DISCLAIMER:
Trading Crypto, Futures , Forex, CFDs and Stocks involves a risk of loss.
Please consider carefully if such trading is appropriate for you.
Past performance is not indicative of future results.
Always limit your leverage and use tight stop loss.
Game plan for DOT _ Update _ Turning Point !POLKADOT is at a turning point.
Not the financial board.
Just for fun.
If there are many short positions open, it can be squeezed liquidation of traders and then continue down. (less likely).
DOT Exchange Trading Idea 22-03-13DOT is hovering around 83.5% for the past two weeks or more. Really almost a month since it first came down here. As with all cryptos, there is no technical reason to expect price to move up.
DOT for the folks in the back$700 without breaking a sweat. Other notable PT would be $75, $120 $270 levels to take profits longer term. Good luck folks
Game plan for DOT _ Update _ Fakeout ?POLKADOT
A possible DOT fakeout can lose 30% if BTC drops.
Not the financial board.
Just for fun.
Polkadot possible buy setupanticipating the next impulsive move.
three scenarios that can play out.
-consolidate and reverse to the upside.
-break the previous low and reverse.
-double bottom and reverse.
Good Luck.
Polkadot DOT with bullish divergence but RSI resistancePolkadot DOT with bullish divergence but RSI resistance
Breaking the RSI resistance would be a first bullish signal.
Flipping MA Ribbon green the next step.
Breaking the huge volume resistance at $34.85 would be "Breaking news" itself.
What do you think?
Drop me a nice comment if you'd like me to analyze any other cryptocurrency.
*not financial advice
do your own research before investing
DOT, consolidating at the support levelThe following is machine translation:
A pullback to a major trendline support level.
Stop falling, shock consolidation.
Gradually oscillated within a narrow range.
Ready to go, the probability of rising is high, look long.
$DOT - buy low, they say... - PoldaDOTI like the accumulation, that is going on here, nice higher lows higher highs in the very long term.
The first big correction turned at the 886. Now once more, price is at the 886 since the low in July 2021 and the ATH.
This could clearly be a spot to accumulate DOT for the long term.
Stay safe!
DOTUSD short entry to 16target profit 1 16
target profit 2 15.8
stop loss just above previous lower high (lh)
Game plan for DOT _ Update _ DOT has returned to the descending channel after the fakeout and is currently right on the edge. If there is a return to the canal, I expect a decline.
If there is no novelty or manipulation on the market that could turn the direction upwards, the game plan is still valid.
Not the financial board.
Just for fun.
Long Idea : DOT/USD Long Idea : DOT/USD
If the research holds true we are anticipating the market to turn bullish once the market breaks into the buy zone and Long term we anticipating the market to push to our target 62.64038683 .
Take Profit (TP)1 : 53.98448969
Take Profit (TP) : 62.64038683 Long term
Stop Loss (SL) : 6.80493256
