Mid-term game plan on Polkadot.Expecting consolidation between 25.00 - 37.50 range.
50 % range seems like a good opportunitiy to trade.
DOTUSD trade ideas
DOT - Support & Resistance LevelsSupport & Resistance Levels Laid Out.
UPT:
32.18
37.59
DPT:
24.76
22.0
Stoch RSI: Oversold Territory
Awaiting for market structure reversal prior to initiating a long position.
Waiting for high highs and higher lows to appear in the chart and for price to
trade above the 50EMA.
Price action is KING!
More power to all your trades, my friends!
Ron
Intrepid_Trader
POLKADOT IS BLEEDING - DOT USDDOT USD chart does not look good for POLKADOT. But the RSI shows it is oversold and we are also hiding pretty strong support. I expect the price to go higher at least to $32. YOU should not go all in until we break up the bearish TL.
DOT updateDot followed plan as expected, head and shoulder did break and its very close to the target now. More downside or a bounce soon!!
Polkadot back to the starting pointPolkadot is currently in a downtrend (weakening) but still in a downtrend, the next move of BTC will be decisive
Polkadot (DOTUSD) TESTING MAJOR SUPPORRT LEVEL!November was an awful month for DOT. Despite setting a new all-time high in early November, the price has been on a sharp downward trend. The sell-off escalated this week, where were saw price went from $40 to as low as $22!! Price broke the major support level, but quickly recovered. Now price is testing the major support level that starts at $28. Let's see if the price can end next week above $28! In that case, a bullish scenario is more likely. The major risk here is if price breaks below the final support level at 22.
DOT Exchange Trading 21-12-05DOT is just below the Daily 50-61.8% level which for me is a great place to look for an entry.
Polkadot heading up before its updatePolkadot has managed to go up with "not much" swings. The update is around the corner and the price action seems favorable to reach 88-92 Zone. Risk reward looks good, I have been accumulating since a month.
Polkadot price analysisThe Polkadot price analysis shows that after falling to the $35.00 level, DOT was unable to recover to $40.00 as the selling pressure remained high. Currently, the price appears to be recovering to the $37.00 mark, but the selling pressure makes it difficult for the bulls to gain momentum.
Polkadot price analysisThe price has dropped down to $36.
Polkadot price analysis confirms a downtrend.
Support is standing at $35 point.
The latest Polkadot price analysis predicts a downward trend for the day, as the price underwent a considerable decline in the last 24-hours. Although the bulls were at the leading position earlier, the current scenario favors the bears. The price moved down to $36 today as a result of the sudden drop. We can expect the price to touch further lows in the next few hours if the bearish momentum strengthens.
DOT 02/12Weekly:
Retest level got broken and is now acting as resistance
Daily:
Bearish W
4H:
Entry 1 is already in play (small bearish W after touch daily zone)
Entry 2 limit will be set if candle closes bearish (h&s + bearish W with IC and descending trendline)
Polkadot´s 5 tasks on the 4h chartPolkadot´s 5 tasks on the 4h chart...
1. breakout of the red trendline channel
2. flip the MA Ribbon bullish (green)
3. break the volume resistance
4. breaout of the red trendline channel on OBV
5. confirm breakout(s) and have fun 😎
Drop me a nice comment if you'd like me to analyze any other cryptocurrency or do another comparison.
*no financial advice
do your own research before investing
Polkadot: Shake It! 🤑🤑🤑Now, Polkadot has successfully left its past low behind and is set for a moderate rise in the area between $43.80 - $52.76. However, the price should then start another correction and move to the bottom end of the green zone. Finishing this movement, there is plenty of room on the upside, where the price should push through the resistance at $55.3767.
Let's Go!
Polkadot - BreakoutDOT has broken out a falling wedge to the upside as well as above the 0.618 fibonacci with support from a high volume node from the volume profile.
The oscillator also resides in oversold territory, which proved to be somewhat of a bottom back in July.
This would indicate a good buy opportunity should the price action hold around the current level.
DOT clear for $45DOT broke trendline and should have some strong impulse. PT $45
Assuming BTC can continue advance.
Good Luck
DOT Exchange Trading 21-11-29DOT almost made me redraw the fib but price did not make a new low. It has popped out of the 78.6% zone and has retested. Price is above all but the 200EMA. A close above that would signal a good jump. I would look for move up of about 25% or more once we get that close.
Polkadot (DOT) - November 30Hello?
Welcome, traders.
By "following", you can always get new information quickly.
Please also click "Like".
Have a nice day.
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(DOTUSD 1W Chart) - Medium to Long-Term Perspective
16.15-20.27 or more: Expected to create a new wave.
Above the 33.87 point is the highs section and we need to see if we can sustain the price above this section.
(1D chart)
First resistance zone: near the 41.70 point
Second resistance section: 49.39-51.95
Support section: 31.45-34.02
In order to turn into a short-term uptrend, the price must rise above the 38.69 point to hold the price.
It needs to rise above the 43.98 point to continue the uptrend.
A decline from the support zone would likely lead to a drop near the 23.03 point, so a short-term stop loss would be necessary if the price fell from the 29.85 point.
Since the volume profile section is formed over the 10.16-23.03 section, it is expected to create a new wave if it is supported within this section.
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(DOTBTC 1W chart)
0.0003911-0.0004872 or more: Expected to create a new wave.
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We recommend that you trade with your average unit price.
This is because, if the price is below your average unit price, whether the price trend is in an uptrend or in a downtrend, there is a high possibility that you will not be able to get a big profit due to the psychological burden.
The center of all trading starts with the average unit price at which you start trading.
If you ignore this, you may be trading in the wrong direction.
Therefore, it is important to find a way to lower the average unit price and adjust the proportion of the investment, ultimately allowing the funds corresponding to the profits to regenerate themselves.
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** All indicators are lagging indicators.
Therefore, it is important to be aware that the indicator moves accordingly with the movement of price and volume.
However, for the sake of convenience, we are talking in reverse for the interpretation of the indicator.
** The MRHAB-O and MRHAB-B indicators used in the chart are indicators of our channel that have not yet been released.
(Because it is not public, you can use this chart without any restrictions by sharing this chart and copying and pasting the indicators.)
** The wRSI_SR indicator is an indicator created by adding settings and options to the existing Stochastic RSI indicator.
Therefore, the interpretation is the same as the traditional Stochastic RSI indicator. (K, D line -> R, S line)
** The OBV indicator was re-created by applying the formula to the DepthHouse Trading indicator, an indicator disclosed by oh92. (Thanks for this.)
** Support or resistance is based on the closing price of the 1D chart.
** All descriptions are for reference only and do not guarantee a profit or loss in investment.
(Short-term Stop Loss can be said to be a point where profit and loss can be preserved or additional entry can be made through split trading. It is a short-term investment perspective.)
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Polkadot in the triangleQuick Update.
it's really important to understand this moves and to see where are the zones of potential breakout.
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- The next TP for DOT should be around 35$ (61.8 Fibo + Older Demand Zone) before attempting to come back to ATH.
- in a bad case if DOT not break this triangle the rebuy Zones are composed in 3 parts :
- 21.5$ ( Supported by 3X EMAs Golden Cross )
- 18.5$ ( Supported by EMA300 )
- 10$ ( Bottom again )
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- i won't tell you where to buy but some Zones are not worthy to give a try ( When too close from the Triangle Exit).
- Wait for a strong breakout or wait for a dip.
- Manage your invest and buy wisely, don't go all in on the first buy.
- Follow TheKing and his Dominance because only this influence strongly Polkadot trend.
Happy Tr4Ding
DOT Who wants it?Well, DOT has had no love for a long time. Is this the bottom? Depends on BTC
DCA now would be a great way to add DOT. Support is close but what a drop. Maybe we can all ride this one back up again and reach $75-$100.
Good Luck
DOTUSD 26/11Weekly:
Bullish M
Daily:
inv h&s, double bottom
4H:
Bullish M (IC) + inv h&s
Had misschien moeten wachten op de daily close, want nu breekt prijs niet de vorige low . 4h was echter al bullish na de tap van de daily zone dus was goeie trade
