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DOTUSD Perpetual Swap Contract

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DOTUSD.P trade ideas

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
KRAKEN:DOTUSD
by MillionaireEconomics
2
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.
KRAKEN:DOTUSD
by BernardMikhail1
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.
BITFINEX:DOTUSDShort
by BernardMikhail1
1
$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.
KRAKEN:DOTUSDLong
by MoonBag
4