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DOT

DOT - Targets of this buyingBYBIT:DOTUSDT 4H trend chart - DOT is breaking out the downtrend line currently. So here is a good entry for long, and trading strategy as below. - Profit Targets: a) 19.665-----Fib(1 b) 20.365~20.650-----Fib(1.272~1.382) c) 22.245-----Fib(2) Stop losses: a) 17.860-----Red horizontal ray - If you like this analysis, smash the "like button" and leave a comment below to share your thoughts or let me know what crypto you want to see! Trading is a reflection of yourself. Learn more daily and be ready for every opportunity. Have a nice trading!
by EthanTW
1
Polkadot slow mode- in my older analyze i predicted Polkadot bottom around 15.5$ : Here older post : - the problem with common alts is they are naturally following TheKing moves. - if TheKing stays weak then altcoins will just standby and wait for his next move, then some will move harder if BTC pump and weaker if BTC dump. - Polkadot is an heavy project with so much parachains, in the future i see DOT number 3 on CMC next to BTC and ETH. - Many concurents as Solana or Luna made bigger moves than DOT, because they are going very fast, deploying multiples projects at the same time causing multiples bugs on their chains. - Polkadot is safer, they are building slowly but surely ------------------------------------------------------------------ Trading Part ------------------------------------------------------------------ - if u check Weekly MACD in graph u will notice that it made a flat move - Normally we had to turn bullish 3 weeks ago but we stayed weak, could consider that as fight between bulls and bears or a consolidation. - in the worst case a good buying zone is around 13$, i don't see any lower bottom for DOT. - if we are in a consolidation then a buy is possible right now but it's pure gamble, i recommend to wait. - TP are accorded to Fibo and simple : --- TP1 : 30$ --- TP2 : 40$ --- TP3 : 80$ ------------------------------------------------------------------ Stay Safe and Happy Tr4Ding !
KRAKEN:DOTUSDLong
by thecryer
5
DOT possible breakout?Hello everyone, let's take a look at the DOT to USDT chart over the 1 day timeframe. As you can see, the price is moving in an uptrend channel marked with blue lines. Let's start by determining the support lines with the Trend-Based Fib Extension tool and as you can see, the first support in the near future is $ 18.09, if the support breaks down, the next ones are $ 17.06 and $ 16.24. Now let's move from the resistance line as the first resistance is $ 19.35, if you can break it the next resistance will be $ 20.77 and $ 21.94 plus $ 23.09. Looking at the CHOP indicator, we can see that in the 1-day range we are starting to gain more and more energy, and the MACD indicator shows that an uptrend has started.
by cryptodailyuk
📚Learn More💰Earn More - Head and Shoulders in DOTUSD📚 LEARN MORE 💰 EARN MORE With ForecastCity Head and Shoulders Definition: A head and shoulders pattern is also a trend reversal formation. It is formed by a peak (left shoulder), followed by a higher peak (head), and then another lower peak (right shoulder). A “Neckline” is drawn by connecting the lowest points of the two troughs. Neckline support does not need to be strictly horizontal. This illustrates that the upward trend is coming to an end. When a Head and Shoulders formation is seen in an uptrend, it signifies a major reversal. The pattern is confirmed once the price breaches the neckline support In this example, we can easily see the head and shoulders pattern. How to Trade the Head and Shoulders Pattern: ENTRY: we put an entry order below the neckline. TARGET: We can also calculate a target by measuring the highest point of the head to the neckline. This distance is approximately how far the price will move after it breaks the neckline. ❤️ If you find this helpful and want more FREE forecasts in TradingView . . . . . Please show your support back, . . . . . . . . Hit the 👍 LIKE button, . . . . . . . . . . Drop some feedback below in the comment! ❤️ Your support is very much 🙏 appreciated!❤️ 💎 Want us to help you become a better Forex / Crypto trader? Now, It's your turn! Be sure to leave a comment; let us know how you see this opportunity and forecast. Trade well, ❤️ ForecastCity English Support Team ❤️
Education
by ForecastCity_World
9