DOTUSD.P trade ideas
Wait for Reversal on DOT - Big Move Coming!Using SpaceManBTC's Asteroid Belts + traditional indicators like Stochastic/RSI. I see a perfect buy opportunity at previous resistance, now acting as support. Wait for the pullback on DOT and HODL!
POLKADOT
🟢 DOT LONG
DCA BUY: 33,55 - 32,91 - 30
SELL: 35,5 - 38 - 41,45 - 46,24 - 53,85
Lev: 75x
Max: 3%
DOTUSD (4H) Bullish Wave We2Hi Traders
DOTUSD (4H Timeframe)
A Med-High probability, entry signal to go LONG will be given with the upward break of 53.5 after the market found support at 49.0. Only the downward break of 49.0 would cancel the bullish scenario and take us SHORT.
Trade details
Entry: 53..5
Stop loss: 49.0
Take profit 1: 58.7
Take profit 2: 64.6
Score: 7
Strategy: Bullish Wave We2
DOT Rising WedgeHere is how I see DOT trading in Q4 2021 - around $70 (near Christmas) local top before profits are taken to bottom of wedge.
Assuming the pitchfork and wedge boundaries stay intact and are not broken.
Let's see where this goes.
DOT aims for ATH thru resistanceDOT in the next few 4H candles should impulse upward.
$56 is the upper level of the pitchfork and the next fib level. That will provide heavy resistance. IF that can break, we should expect a retest on the pitchfork before further advancing. However, DOT is trading in a larger RISING WEDGE.
Good Luck
Dot by @cryptomatatanAfter a zone of accumulation of orders the price of Dot took off making its new high of all time and we will probably see it descend looking for liquidity and the activation of a new block of buy orders in the price range of $ 45- $ 40 and that it can converge with upcoming events within the blockchain.
DOTUSDPrice made lower lows
+
MACD making higher lows
=
Bullish Divergence
RSI is currently around 45 which is right in the middle of the overbought/sold zone.
200 ema acting as support lined up with the.618 Fibonacci ratio.
For those who are cautiously optimistic, there is a decent chance of a wick down to .5 - .382
First target if you break out is ath.
is going down at least for few daysis going down at least for few days, is going down at least for few days
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,***.
