Polkadot ( DOT ) Looking Long - Target $35DOT is also bullish to me. The recently broken resistance zone is between $31.65 - $31.40. Although there is a weak resistance above but it should not enough to break the bullish momentum and it looks like there is no any strong upcoming resistance towards the target of $35.
Dot is expected to go back upward to around $31.50 which is a strong buy zone in the current scenario but of course you should look for any price action before opening a long position between $31.65 - $31.40 support zone. To me, the target exit point of this long trade should be $35 at least.
Dotlong
Possible swing trade for DotRecent high retracement made from 38, if it successfully breaks 38 and sustain for 1 hour it can go 40-42 levels.
But by forming structure by structure
Because parabolic moves are not reliable to can trap us on high sight
By with confirmation and use tsl strictly to avoid sudden momentum shifts
DOT/USDT Ready for another 248% Gain..?#DOT/USDT TA Update:-
$DOT currently trading at $34
Already 280% up from bottom.
And I told to buy at every dip and also mentioned on Twitter.
Now..?
Right now $24-$28 is very strong support level.
Recently also Strong bounced back from this level.
$DOT is Potential for long term and My target will be $100 in mid term.
I am accumulated between $24-$28
If again market dump then I will add more $DOT
New Entry:- $28-$34
Targets:- $39/$48/$80/$100
Stop Loss:- below $24 I will exit and wait for next entry.
Support:- $28/$24
Resistance:- $39/$48/ATH
DOT explosion?Here we go, guys. This baby is boiling up. DOT has broken resistance with great volume and has now been successfully retested. It is a great buy opportunity with 36 as a target. How BTC will behave in the next week or so will dictate how fast DOT will reach its final short-term target of 50 dollars. A 3-month HnS has been complete. However, DOT now has to hold above the resistance without falling below the old low. Right now, it looks really healthy and ready to shoot up.
Tomorrow I will plan a live stream if you are interested, where I will go through BTC structure and my thoughts on possible future movements.
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DOT LongDont usually trade dot because I think its a piece of shit. Most new scams are - and no, just because everyone on Twatter says its amazing, does not make it so - it does more than likely mean they are selling you their coins, however. Looks good here though, I must admit, and id be lucky to get a long at marked levels.
DOT 4H uptrend price actionThe current impulse wave faced a resistance area (purple PRZ) which price showed lots of reactions to this area before. the short term correction wave can be ended if the price shows a meaningful reaction to the static PRZ (green PRZ) which is reinforced with level 38.2 of Fibonacci retracement. if the price break this PRZ down with a full body candle it can decrease to the bottom line of the channel where the level 78 of Fibonacci and static PRZ (blue PRZ) can support the price.
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