DOT
POLKADOT - Buy Zone Approaching - UPDATE 🚀Following on from our last post on Polkadot, we are now running gains of over 25% from our sell zone.
We are still in wave C, which is a 5 wave formation. In our last post we identified the completion zone for subwave 4 of Wave C and now we are seeing the 5th and final subwave of wave C. We are looking for Polkadot to move lower to around the 10-11 level where we will be looking for bullish reversal signs.
There's a potential 400% that can be made from the next bull run just on Polkadot alone, which is why we're constantly updating this clean setup!
Trade Idea:
- Hold shorts at breakeven until we reach 14.50 for first targets and 11 for second targets
- Watch for bullish price action on lower timeframe
We will update Polkadot once we reach our buy zone so we can all get in on the next bullrun 💪🏼
Goodluck and as always, trade safe!
See below for our previous Polkadot analysis:
Polkadot (DOT) Buy ZonePolkadot (DOT) Buy Zone
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BIAS
Mid-Term : Bullish
Risk : Medium
Polkadot once again on our $17 zone mid-term support and see a drastic short-erm increase in market sentiment and buying intentions.
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$DOT/USDT LONG SETUP
Leverage : x3 - x5
Entry Price : 17.4 - 17
TP 1 : 17.65
TP 2 : 18.15
TP 3 : 18.6
TP 4 : 19
TP 5 : 19.35
TP 6 : 19.75
TP 7 : 20.2
TP 8 : 20.55
Stop Loss : 16.5
*Maximum 3% of Portfolio.
*Unload 12.5% at each TP. Whenever TP 2 hits, Move stop loss to entry.
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Bearish Flag on DOTUSDTBased on technical factors (bearish Flag - RSI ) there is a short position in :
📊 DOTUSDT Polkadot
🔴 Short by confirmed Breakout ( RSI or Flag )
🧯 Stop loss 19.50
🏹 Target 1 17.01
🏹 Target 2 16.01
🏹 Target 3 14.50
💸Capital : 1%
We hope it is profitable for you ❤️
Please support our activity with your likes👍 and comments📝
DOT 3 day looking to breakout!DOT 3 day chart is looking very bullish...everything that it needs
to break thru is all in the oarnge circle. we have the 50/100 ema,
bull market support band, and it is holding above the Hull suite indicator.
RSI is looking great and macd is as well. LETS ROCK N ROLL! HAPPY EASTER
What is happening ?Hello everyone,
The market is currently moving sideways with low volume and no significant pattern to take into consideration.
However, starting from Monday we may see the volume increasing again which may bring the price to a lower level due the lack of buying interest from the bulls.
Have a good trading week
DOTUSDT, Its going exactly to the analysisHello everyone
If you checked our last analysis of DOT the we published, the price exactly moving toward to the analysis and we exactly be ready to take position and buy in the main zone that we shown on chart.
Everything is programming and happening that we expect
Good Luck
Abtin
Previous analysis :
Good Luck
Abtin
That is a strong trend line!!hello everyone
Last week candle was a big red one for almost 80% of cryptocurrencies, and for the last couple of days we saw the same behavior until 12th of Apr. Since then we have been moving in a channel in between resistance level of 18.30$ & support level of 17$( it was mostly the trend line).
For now we have divergence in RSI in 4 hours ,so the price may fail to break the resistance level and go back to our support level (or trend line) or worst ....
Polkadot Bullish BiasIMO its looking good for polkadot.
Its showing similar structure as some other
cryptocurrencies. If we break fib level 0.618
I expect more to come for the whole market
maybe some cashflow moving from stockmarket
to crypto who knows :)
-No FA
-Always do your own research
-Feel free to share,like and suscribe
DOT: BUYING HERE IS A VERY LOW RISK AND HIGH REWARD!!Hello everyone, if you like the idea, do not forget to support with a like and follow.
Welcome to this DOT/USDT update. DOT looks very promising here and looks like hovering near the bottom.
DOT is trading inside a symmetrical triangle in the 2-day time frame. Currently, it is moving near the lower trendline of the triangle. So buying here will be very low risk. Buy some now and add more in the dip.
Entry range:- $17.5-$18.5
Target1:- $22
Target2:- $26
Target3:- $32
Target4:- $38
SL:- If any 2-day candle closes below the triangle or closes below $17 then I'll exit.
If you like this idea then do support it with like and follow.
Also, share your views in the comment section.
Thank You!
DOT without energy for 1H intervalHello everyone, let's take a look at the 1H DOT to USDT chart. As you can see, the price moves in the designated channel with blue lines.
Please note that this is a short-term analysis.
Let's start with the designation of the support line and as you can see the first support in the near future is $ 17.23, if the support breaks down, the next one is $ 17.01.
Now let's move from the resistance line as you can see the first resistance is $ 17.71, if you can break it the next resistance will be $ 17.86 and $ 17.99.
Looking at the CHOP indicator, we can see that in the 1H interval most of the energy was used.
$MATIC bounce from support?I would expect a retest of the support which we currently bounced from to confirm support, we have the same setup playing out on $DOT. Either we retest and form a double bottom or we flip the little resistance we facing at 1.43-1.47 on the 4hr TF taking us all the way back to the 200-day ema on the daily TF.