After seing the reaction today, I am making a punt on DOT.Hi folks!
After seing the mad reaction of the tapering today (obviously people believe inflation will outrun interest rates and then make no negative impact on the economy along the way!),
I am going full T.A. (=MAD) and placing a long on DOT with my profits from my VIX trades.
It is important to say that I strongly believe in a massive crash in financial markets soon, so this is just a very short-sighted punt based on nothing but T.A.
T.A. picture is clear in dot: MFI turned green at the same time as we have a golden cross on the 1D in DOTUSDT.
My bet is 5x DOTUSDT perp futures at 26.6 with SL 24.9 and TP 45 (probably closing this or get liquidated before 45).
DYOR.
NFA.
I wish you all well!
Dotlong
DOTUSD Analysis Using Cloud IndicatorUsing the cloud indicator we can see that prior point of being in the orange area price went lift off!
Assuming we are in a bullish state, (as price was then), the orange area is a good candidate point for price to continue upwards
This theory is also supported by the 200 day MA, which price is currently hanging onto right now.
Entry into DOTUSD now is a great decision if you are a believer in the project
Huge surge coming soon for DOT 🚀As promised in the group chat the DOT analysis is here.
I believe that we are bottoming out here in Polkadot, it's just boring price action. Trading between $38 and $41, we are just about finishing this correction on Polkadot.
$38 area is being such a strong support, that I won't expect DOT to break this support. Due to the high volatility, we can see DOT price leaving some wicks around $36 making some fakeouts.
But overall, DOT is looking super super bullish right now. This is potentially a trade of 40%+ in a less than a month, coming back to the ATH, pretty safe.
Don't overleverage yourself and trade safely guys.
#DOT Buy Setup Very Bullish MomentumPair: $DOT/USDT (Binance, FTX)
Direction: ⬆️LONG
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Position Size: 5-10%
Leverage: 3-5x
Trade Type: Standard Trade
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orders laddered below our highest relevance mid term support level. Expecting one more retest before breaking our and reaching new highs.
*For spot trading, orders may be laddered from our current market price.
ENTRY : 37 - 39.20
(OTE: 38.27)
🔘Target 1 - 39.70
🔘Target 2 - 40.50
🔘Target 3 - 41.50
🔘Target 4 - 43
🔘Target 5 - 45
🔘Target 6 - 49
🔘Target 7 - 55
🔘Target 8 - 63
🚫STOP LOSS: 34.59
RISK: Medium
POLKADOT(DOT) 1H NEAR FUTURE PREDICTIONTechnical Analysis Summary (POLKADOT)
DOT/USDT
TREND ANALYSIS
We have 3 downtrend which is currently active in red
The wider the stronger the downtrend
FUTURE PREDICTIONS
We have many resistanse and support levels that I have mentioned above.
I use thickness as an indicator of stregth of levels (ONLY FOR VISUALS).
Yellow support level are levels from the past (more for explanation purposes rather than entry points)
Good luck everyone, stay safe!
If you need help don't hesitate to send me a message or comment
Trading Involves High Risk
Not Financial Advice
Exercise Proper Risk Management
DOTUSDT , We expect this kind of moveHello everybody
Acccording to our last and previous analysis , You watched the trend line is upward and in daily time frame we hadnt any signal for change trend and now we wanna be ready to move up , in daily analysis we are in support powerful zone and we expect that the price will support in here and is moving to go up and reach to last ATH
Dot is one the most powerful project that the founder of it : Dr.Gavin Wood
You know who is he ?
But becareful and dont forget to use your stop loss and attention to money management
Previous analysis :
Good Luck
Abtin
DOT Long SetupShort-term bullish Trend lines has been broken but mid of this channel and static support are still in place and do not forget about the lowest part of the channel too so the bullish power is still in charge and I see bullish moves on BTC too and with this setup, we can open a good RR trade.
E1: 45~
E2: 41.30~
TP1: 50
TP2: 53.56
TP3: 56.87
Regards Daniel
POLKADOT broke it's ATH, what's next ? As we saw on our previous analysis (28 oct), Polkadot were accumulating under its previous ATH and we talked about the high odds of polkadot breaking it.
Today, we saw that the all time high has been broken on a daily tf, with strong volume and successfully retested as a support. With this successfull breakout + flip of the previous resistance into support, we can expect some further growth on polkadot.
On the fundamentals part, polkadot is having the Parachains auctions these days, many companies are competing in those auctions in order to win the use of a Parachain for 96 weeks ... These events will bring lights to the polkadot ecosystem and bring some strong volume into it as the chart is showing !
100 USD is my first psychological target for polkadot !
The content covered in this publication is NOT to be considered as investment advice.
Thank you all,
If you enjoyed this analysis please mark a thumbs up and do not hesitate to share your point of view in the comment section.
Have a Good day and Safe trade
Butterfly .D
/Metamorphose your portfolio
DOT / USDT - Breaking historic top, 75% potential profitToken DOT is well positioned breaking historical top, we have a good risk-return ratio.
For this operation I will make two entries, one now and another when renewing the top (pivot) or if it falls more and goes back up before the stop.
Entry: 51.76
Target: 90 (73%)
Stop: 38 (26%)