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Dotlong

DOTUSDT, long will be. Bulls are still on the market.Hi friends. So today DOTUSDT. And i mark all interesting processes on the chart window. Like you see we have big investitions between 16.1 - 16.5 then fake downward (like test to know traders waitings). On this downward nobody closing (its becouse nobody in long). Then big investitions from exchange side and growth. On this little growth traders start to buy that way trend will have small correction and then going up to 19 and upper. Levels thanks to X-Lines script - Follow me.
Long
by JinFlark
Polkadot goes ballistic soaring 40% as technical levels improve Polkadot rises above the crypto horizon with gains almost hitting $12. DOT trading volume soars massively but coupled with overbought conditions hint at an imminent reversal. Polkadot has been teasing a breakout since the beginning of the week and after the slump in prices across the cryptocurrency market on Monday. The token embraced support at $7, which allowed a rebound within the confines of a descending parallel channel. The ultimate test came at the channel’s upper boundary where DOT swung massively upwards. The 50 Simple Moving Average on the 4-hour chart did little to stop the momentum. Polkadot swung upwards in successive bullish candlesticks, even overshadowing Bitcoin’s recovery above $37,000. Several resistance levels have shattered, including $10 and $11. Polkadot is on the way to breaking above the next hurdle at $12, a move that could see it taken on higher hurdles toward $15. The Relative Strength Index has entered the overbought region, calling for caution among the traders. An asset can continue rallying despite overbought conditions but corrections are very likely and could be drastic. For now, establishing higher support should be a priority to the bulls. Notably, Santiment shows Polkadot’s volume has risen to levels seen at the beginning of the year. A high trading volume is often unsustainable and sometimes interpreted as a bearish signal. In case of a correction, Polkadot is likely to find support at $10 (former resistance). The 50 SMA is in line to provide more anchorage if losses extend toward $9. If push comes to shove, the 100 SMA marginally under $9 and perhaps the descending channel’s upper trendline will come in handy. Polkadot intraday levels Spot rate: $11.52 Relative change: 055 Percentage: 5% Trend: Bullish Volatility: High
BINANCE:DOTUSDLong
by CoinGape
1
Polkadot 10$i made some analyses on DOT few times ago and it's one of my favorite coin. i don't trade it and i just stack a bag from his start. it's just a matter of time for this project to reach 10$ and start to be in the first lights of the scene, Dot is more than a coin, it's an ecosystem able to annihilate Ethereum. i am no a financial advisor but if you need to hodl and bet on only one single project, it should be Polkadot. if u trade it here u have 2 scenarios : 1. fast scenario - will retrace a bit and go break ATH soon and move to 10$ fast 2. medium scenario - will retrace 1 more time and back to break ATH to 10$ in any of those cases it will reach 10$ and maybe more fast than i think. Happy Tr4Ding !
KRAKEN:DOTUSDLong
by thecryer
9
Polkadot on his way backit's always very difficult to analyse new coins because more we can back in the past, more it's easy to find supports and resistances. Dot is still performing a good come back as you can see by his multiple bounces on a forming uptrend Line. Like always the King is controling those coins by his dominance so you always have to check BTC before entering a trade and exit fast if a dip happens. Simple Targets : - TP1 4.80$ (38.2% retrace) - TP2 5.50$ (61.8% retrace) - Strongest Resistance Stop Loss : 3.90$ Happy Tr4Ding !
KRAKEN:DOTUSDLong
by thecryer
2