DOT.USDT (Y20.P3.E1).Nice trend.Can be a great steady one.
Updated
Hi All,
I'm in this trade with some luck when my brother pointed me to this and I took it early at $4.1.
I did look at it yesterday but was occupied to making this post as of now.
DOT = POLKADOT
Since its new on Binance it doesn't have much history, and prior it was a different product as the change was made to its denomination setup.
So I look at the trend.
The trend is consistent for the short time its been on this platform with the 1 hr 21/34 ema acting as support.
I can't really comment on targets or support besides this trend.
So what is Polkadot and its product...with one relay chain and launch several parachains soon afterward, eventually ramping up to 100 parachains.
I don't quite understand it but it seems hot in the industry, just like defi.
Moving forward, a coin starting off like this, only looks promising, just like BNB, REN, CRO which have an ongoing consistent upward path.
Hence why I didn't put too much in here but if it continues I will then buy more up as my profit will offset any losses if the trend changes.
If I was to guess of the price movement based on the initial funnel formation.
Here is a KRAKEN chart, with a slightly more history.
Here is a OKEX chart, where Polkadot was prior to their new dot change.
What happened, the New Dot which is 100x smaller than DOT (OLD) On 21 August 2020 at 16:40 UTC (block number 1,248,328), the DOT token underwent a redenomination from its original sale. New Dot are 100x smaller than DOT (OLD). There is no difference between New Dot and DOT (OLD) except for their denomination.
Please give me a like or tick for this post
Regards,
S.Sari
I'm in this trade with some luck when my brother pointed me to this and I took it early at $4.1.
I did look at it yesterday but was occupied to making this post as of now.
DOT = POLKADOT
Since its new on Binance it doesn't have much history, and prior it was a different product as the change was made to its denomination setup.
So I look at the trend.
The trend is consistent for the short time its been on this platform with the 1 hr 21/34 ema acting as support.
I can't really comment on targets or support besides this trend.
So what is Polkadot and its product...with one relay chain and launch several parachains soon afterward, eventually ramping up to 100 parachains.
I don't quite understand it but it seems hot in the industry, just like defi.
Moving forward, a coin starting off like this, only looks promising, just like BNB, REN, CRO which have an ongoing consistent upward path.
Hence why I didn't put too much in here but if it continues I will then buy more up as my profit will offset any losses if the trend changes.
If I was to guess of the price movement based on the initial funnel formation.
Here is a KRAKEN chart, with a slightly more history.
Here is a OKEX chart, where Polkadot was prior to their new dot change.
What happened, the New Dot which is 100x smaller than DOT (OLD) On 21 August 2020 at 16:40 UTC (block number 1,248,328), the DOT token underwent a redenomination from its original sale. New Dot are 100x smaller than DOT (OLD). There is no difference between New Dot and DOT (OLD) except for their denomination.
Please give me a like or tick for this post
Regards,
S.Sari
Trade closed: target reached
I got stopped out... now I'll watch for re-entry.I opted for BTC rather than USDT for the stop.
Note
Note the bearish div. however I did not expect it to go down so much. I'm still bullish on this, so I will look for another entrance.Note
Note
still waiting for that signalTrade active
I'm in. Hopefully I don't get stopped out (time to compound my initial investment).Note
4 hrly chart shows wicks which is the bulls defending...nice so far. Trade closed: target reached
my re-entry was 5.4 and the following post proceed this post
Note
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This community has signals now but with no risk management comms.
Telegram: t.me/TprospaTradersbot
This community has signals now but with no risk management comms.
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