DOTUSD.P trade ideas
PolkaDot DOTUSDT - HUGE Secret Ascending Channel + New ATH soon- Polkadot is strong on the daily timeframe , as we can see.
- The price broke out of the bullish falling wedge and now is unstoppable!
- On the daily time scale, we can spot a huge blue parallel channel , which acts like a support and resistance .
- Target top of the chanel or 1:1 fib extension on the daily chart .
- For expected duration of the trade, probability, stop loss, profit target, entry price and risk to reward ratio ( RRR ) - please check my signature below ↓
- Due to my Elliott wave count, the correction is totally over and we can expect a higher prices!
- If you want to see more of these ideas, hit "Like" & "Follow"!
DOTUSD Price TargetsIn the next week(13 Sep - 19 Sep) I expect to see dead cat bounce and the price to go to around $40.
Between 20 Sep till, at most, the beginning of October we will see the bottom of this deep. The target price for this deep is around $25. I do not believe that we will see a low 20s price.
After that, the price will start going up. In early or mid-November DOT will reach new ATH. Once we pass the resistance level at $49 it will go into the price discovery range. I, personally, expect at least a 20% increase of the ATH.
To summarise:
Expected lowest price - $25
Expected ATH record - $59.22
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DOT - $73DOT is currently trading above the support of $25.88. If it can stay above this support zone, we could start seeing a move towards $30.46, $32.71 and $34.96, If the resistance at $34.96 can be claimed back to support, we could start seeing a move towards $38.16, $40.84, $42.25, $54.04 and $73.11. Failure to hold the support at $25.88 could lead to a drop towards $23.17 and $20.26.
Polkadot - Nice Long on Wave CHello trader,
i found a really nice Elliot Wave Count at Polkadot BITFINEX:DOTUSD
The current wave 2 hits exactly the golden pocket of wave 1 and we are ready to go for wave 3 now.
The computational wave 4 could hit the global golden pocket and use it as support to the road of wave 5.
For info:
I am long with a SL of 31.262, target 1 is 34.656 and target 2 is 36,324.
After that i will see whats the final target.
Just remember - this is just an option and an idea of myself.
U can use my idea to do your own research and always take care of your risk management!
Feel free to like and comment my post, if u like it :)
I wish you some profitabel trades!
demand still showing strength, expecting a retracement
A retracement start would be the best but demand still weakening. Could go higher more before any retracement.
Would look for a retracement around the 26.5-28.5 area on light supply.
Not much opportunity that are big for right now, but it is worth keeping an eye on it.
A break down under 32.12 on signs of supply power could tell us that the retracement has in fact started.
As for now on the 1 hour time frame, movement to the upward did slow down, but no real stop in action happened yet. So still opportunities for buy but a monitor of demand has to be made.
Weekly
Daily
Demand effort not matching price action for now.
Polkadot DOTUSD POT Formation!4 Hours of intervals, as you can see clearly DOt creates POT formation! :-D Now you can boil the peanuts!
POLKADOT ROCKET LAUNCHEDLet's go even higher. This insane ride will continue with a good amount of buyers VOLUME. So check it. Target zone is really strong so it is better reduce your long positions around that level.
DOTUSD LONGOh my DOT, we saw price broke resistance and made short and quick retest, now we are expecting price to reach first TP for a nice win of 25% ROI short term and long term we still have $50 as very possible target
dot the most epic bull run incdot bubble inc, Parachains will produce a speculative change in the short term, it is interesting how foreign the market is still following, the most likely target is 93 usd, which is close to the capitalization of 100 billion
DOT explosion?Here we go, guys. This baby is boiling up. DOT has broken resistance with great volume and has now been successfully retested. It is a great buy opportunity with 36 as a target. How BTC will behave in the next week or so will dictate how fast DOT will reach its final short-term target of 50 dollars. A 3-month HnS has been complete. However, DOT now has to hold above the resistance without falling below the old low. Right now, it looks really healthy and ready to shoot up.
Tomorrow I will plan a live stream if you are interested, where I will go through BTC structure and my thoughts on possible future movements.
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DOT Bull Pennant target = $38DOT is consolidating with a pennant.
Once a break out of the flag is complete, DOT targets $38
Good Luck
PolkaDot DOTUSDT - HUGE Parallel Channel on the Daily chart!- Polkadot is strong on the daily timeframe , as we can see.
- The price broke out of the bullish falling wedge and now is unstoppable!
- On the daily time scale, we can spot a huge blue parallel channel , which acts like a support and resistance .
- Target top of the chanel or 1:1 fib extension on the daily chart .
- For expected duration of the trade, probability, stop loss, profit target, entry price and risk to reward ratio ( RRR ) - please check my signature below ↓
- Due to my Elliott wave count, the correction is totally over and we can expect a higher prices!
- If you want to see more of these ideas, hit "Like" & "Follow"!
$DOTUSDT - Bullish flag breakoutHello everyone!
There is a breakout confirmation on DOTUSDT, there is a possible Inverted head and shoulders formation as well, hence expecting a jump towards 27, 27.5, 28.8 and 29.5
Wait for a breakout from 2.260
Golden cross very soonWell! we broke the triangle, and this is the next coin to pump (check coinmarketcap lol). So check those moving averages lines, hoping that golden cross very soon and moon shot! the movement should make same thing as solana ;) happy trading!
DOT LongDont usually trade dot because I think its a piece of shit. Most new scams are - and no, just because everyone on Twatter says its amazing, does not make it so - it does more than likely mean they are selling you their coins, however. Looks good here though, I must admit, and id be lucky to get a long at marked levels.
DOTUSD |Bullish outlook
potential AB=CD pattern under formation.
A previous resistance was broken and it is now a support.
Average 50 is trying to move above the 100 average. (golden cross).
This bullish outlook awaits a buy confirmation signal above this resistance and when 50MA be above 100MA.
If confirmed, our targets are at the levels shown on the chart.
DOT on the daily looking to repeatdaily green dot on market cipher will confirm in 13 hours as of 6AM EST. previous have given us us insane pumps. lets see if we can get there, 6 hour looking amazing too.
DOT Long - About to go Parabolic - Target New ATH $50SUMMARY: Long, super bullish and will break the ATH $50 ,in the coming period.
Last Big Cap Crypto to pump.
Above the EMAs and will break the 200 MA in hours - Super bullish.
Plently of upside room on the RSI and Stoch RSI.
Forming HHs and HLs
-- Fundamentals --
Parachain auction going live in the coming days.
2020-2021 Elliott Wave: Polkadot2020-2021 Elliott Wave: Polkadot
Polkadot is a sharded heterogeneous multi-chain architecture which enables external networks as well as customized layer one "parachains" to communicate, creating an interconnected internet of blockchains. The network uses an environmentally-friendly proof-of-stake consensus algorithm.
Polkadot, Channel-Formation-Developments, Determining Zones!Hello,
Welcome to this analysis about Polkadot, we are looking at the 4-hour timeframe perspectives. Polkadot is in a constellation where it will show up with important decisive determinations in the upcoming times and in this case, I discovered an important formation Polkadot is forming here with the main conclusions giving the indications for Polkadot upcoming perspectives. Therefore, when looking at my chart we can watch there how Polkadot is within this main ascending-channel-formation marked in my chart with the blue boundaries, within this channel Polkadot has the coherent wave-count with the waves A and B already completed and wave C upcoming which will emerge once the local bull-flag marked in my chart has been completed however it is necessary to acknowledge that there is a strong resistance still within the structure both horizontally and descending marked in dashed red this means that Polkadot has a high possibility to reverse there.
Taking these factors into the consideration Polkadot when pulling back from the highly possible reversal zone and also the resistance zone will firstly continue to test the lower levels in the ascending-channel and when these do not hold a further bearish continuation will emerge below the lower boundary as it is marked in my chart. Although there is a higher possibility given that Polkadot reverses in the marked zone it is also possible that it shoots little above and creates the main bull-trap, in any case, the bearish perspective should not be underestimated here and we should be prepared on such upcoming volatilities to take the right actions when appropriate and do not get overwhelmed by circumstances when they happen. For now we should expect the breakout out of the local bull-flag and after that the further determinations as suggested, it will be an important development ahead.
In this manner, thank you for watching my analysis about POLKADOT and the major ascending-channel-formation, support the analysis with a like and follow or comment for more market insight!
"Astonishment is the basis of reverence."
Information provided is only educational and should not be used to take action in the market.
Short at 25 due to Descending TriangleShort Polkadot at 25 due to descending triangle (Bearish pattern)
Stop loss: A daily close above 26.
Target 21.
Risk / Reward: 4:1
DOT - good buy opportunity comingDOT creating a H&S on the four hour when looking over the past few weeks; however, when zooming out and going back towards end of May, DOT is developing a larger inverse H&S (reversal pattern).
Anticipating DOT breaks down here and moves towards the $20 area before it regroups and pushes higher, possibly $80+.
not trading advice, just my own $0.02.
be safe and have patience
tg
