Polkadot DOTUSD Possible Bullish ScenarioThings to Note:
1. Price moving in Megaphone Pattern for the last 2.5 months
2. The target level of this pattern on the upside is $35.
3. Nearest support zone lies at $28-30
4. On the downside, if 28-30 doesn't hold, we can see $20.
5. Since we are in the Bull market, it is more likely to BO to the upside.
P.S: This is NOT investment advice. This chart is meant for learning purposes only and is a part of my personal journal. Invest your capital at your own risk.
Dotlong
DOT Bullish trade SetupHello,
Here is the self-explanatory Bullish trade setup for DOT Coin, you can take entries on pullbacks,
currently, dot is in consolidation (CHOP ZONE) so be careful longing in the middle of nowhere, better to be patient with your entries.
it's a positioning trade set up so it will test your patience alot.
Cheers.
DOT Big Comeback! - Fibonacci AnalysisDOT is coming back with a BANG! It bounced back of strong at 0.78 Fib support and heading North.
Buy Zone: $32 - $38
Take Profit #1 $45,89
Take Profit #2 $48.27
Take Profit #3 $53.90
Disclaimer: This is not a financial advice. This information does not provide individually tailored investment advice and does not take anyone’s circumstances into consideration when discussing investments, nor am I registered as an investment adviser or broker-dealer in any jurisdiction. Information contained herein is not an offer or solicitation to buy, hold, or sell any cryptocurrency.
DOT/BTC Bullish TA Update #DOT/BTC TA Update:-
#DOT/BTC currently trading at 0.000677 BTC
And now trading at minor support.
If this hold then Upward moment otherwise we can see some more Retracement and Can bounce back from Red line support.
Entry 1:- 66k-67k Satoshi
Entry 2:- 60k-61k
Targets:- 77k/93k/126k
Stop Loss:- Below red line and I will also update if anything change.
Support:- 66k / 60k
Resistance: 77k / Moon
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DOT/USDT 27% profit and still $50 Targets and now Re entry time#DOT/USDT Trade Update:-
$DOT currently trading at $41
And hope you bought at dip when I posted chart.
Entry:- $36 ✅
If you still want to enter then
Entry 2:- $39-$41
Targets:- $50/$67/$76
Already it went upto $45 from $36
Almost 27% profit from first entry.
Support:- $38.50
Resistance:- $45
Stop Loss:- $35
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DOT/USDT : possible chance for pullback !BINANCE:DOTUSDT
Hello everyone 😃
DOT is reaching support zone.
On current level there are3 factors that can supports DOT's movement.
- Heavy support zone.
- Bullish trendline begins from 15th February.
- Bullish trendline begins from 24th March.
Also there is 100 MA on ( 4H TF ) which is reaching support zone.
📌 How ever Funding was so high and now we are facing a correction cause of it, But majority for Market is bullish !
🔴 Below current support zone will make it harder for DOT to pullback, so you can set your SL with 6H candle close below zone.
Attention: this isn't financial advice we are just trying to help people on their own vision.
Have a good day!
@Helical_Trades
DOT looking bearish?Bearish divergence on 4 hours TF and below. Likely to see a pullback. Daily RSI looking very good, huge hidden bullish divergence. Big support around 29 USD and 27 USD area. This could a great place to long. We could see retracement around 31 USD area if BTC didn't dump. But very likely to see below 30 USD again if BTC start to dumping hard. Place your SL and buy order depend on BTC movement.
But there are possibilities we could go lower due to volatility of BTC . If BTC crash from here, we could see DOT will follow to dump.
DOT hits historical high as bulls remain relentless
Polkadot spikes to new all-time high after crossing above the stubborn resistance at $40.
The upswing hit a barrier at $47, cutting short the journey to $50.
DOT is likely to consolidate before the next significant move toward new all-time highs.
Polkadot finally made it above the crucial $40 level. The move triggered massive buy orders as investors speculated a liftoff past $50,000. A record-high has been traded at $47, limiting the price action. Meanwhile, DOT is doddering at $45 amid the hunt for higher support.
The upswing occurred during the long Easter weekend. Several digital assets surged, including Ripple and Stellar. On the other hand, Polkadot retreated to $40 following a rejection from $47. In the meantime, the digital asset has already renewed the uptrend to trade beyond $45.
On the upside, the immediate resistance rests the historical high of around $45. A glance upwards reveals that $48 and $50 levels may also limit price action. Recently, the Moving Average Convergence Divergence (MACD) hit a monthly high at 2.5. A correction is underway, but the indicator leans more to the sideways trading action based on the MACD.
For instance, the MACD line (blue) holds slightly under the signal line. The primary battle is to cross above the signal line, thereby reinforcing another upswing. However, the MACD is relatively horizontal in motion, thereby paving the way for consolidation ahead of a breakout.
If the immediate support at $44 fails to hold, overhead pressure will mount toward $40. A break under this level may trigger a high volume of sell orders, culminating in massive losses toward $36 and $30, respectively.
Polkadot intraday levels
Spot rate: $45
Trend: Sideways
Volatility: Low
Support: $44 and $40
Resistance: $47 - $48, and $50
DOT/USDT now 24% up without leverage congrats guys#DOT/USDT Profit Update:-
$DOT currently trading at $44
And I told you to enter two zone and both filled.
Entry:- $36-$38 ✅
Now 24% up from our entry zone.
Hope you enjoyed the ride.
Now Stop Loss time.
SL:- Put stop loss at your entry.
And also Safe trader can book profit.
Support: $39/$36/$33
Resistance:- No resistance
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DOT, Polkadot - superpotential👑A coin with very good potential. More than 40 days DOT accumulates volume. I see the entry point only after the retest. I don't exclude the continuation of the movement in the range.
Write in the comments all your questions and instruments analysis of which you want to see.
Friends, push the like button, write a comment, and share with your mates - that would be the best THANK YOU.
P.S. I personally will open entry if the price will show it according to my strategy.
Always make your analysis before a trade
DOT/USDT ready for $76 Target Technical chart looking bullish#DOT/USDT TA Update:-
$DOT currently trading at $38.05
This is good entry point as per chart.
Still waiting for breakout upward.
But If breakout confirmed then Ready for $76
Entry :- $35-$38.20
Targets:- $45/$67/$76
Stop Loss:- I will update here.
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POLKADOT price is on the rise! What is your vision!?Technical analysis regarding the price of POLKADOT in relation of dollar Tether for the next scenarios, based on daily movement.
The DOT/USDT price in the DIARY is moving upwards, strongly respecting these channels (parallel yellow and macro/main blue), and what keeps going on is this VERY HANDSOME AND STRONG resistance just above the price, at $ 38~40. However, I believe that it can be broken because the price is with a large buying mass exercising strength and well, I am an optimistic speculator in the crypto scenario. Breaking this resistance, the price will easily fetch $43 dollars, in a not-too-distant scenario.
I manage to achieve such a level that the price can design Fibonacci-based channels.
disclaimer
*** In accordance with CVM Instruction No. 598, of May 3, 2018, Art. 21, I declare that the recommendations of this analysis reflect solely and exclusively my personal opinions and perceptions and that they were prepared independently and autonomously. Not being considered a purchase and/or sale recommendation. ***
Any questions do not hesitate to contact me. I'm happy to be able to help you in the best way I can. 🙏
DOT fib trendsUpdated previous idea on the DOT bull run-consolidation-bull run-consolidation pattern.
Adjusted the fib time series to better match earlier data series. This adjustment fits the current consolidation period much better.
We are at the end of the current fib time zone which corresponds to a consolidation period. So if the pattern holds, we can expect a bull run that touches the next fib levels ($56 and $65) after the previous ATH of $42.
If we stay in the parallel channel, $56 or $65 are possible within the next month.
Dot Going to the Moon 🔥🔥🌔As I said in the Bitex group on March 7, Dot had the potential to break the triangle and start a good uptrend and there was strong support for it and as expected the triangle broke up.
Also, we have already given a buy signal at 29.5 to 32 at the peak of Bitcoin heavy correction, because we can and we do it 🔥
Now I expect that we will finally have a correction to $ 37 to $ 35 and after that Dot will start to move up to the $ 42 break, and at the same time BTC reach the level of $ 60 to $ 63,000.
We will see what happens.
February 24 analysis (BTC 45k):
March 7 Analysis:
What's happening with DOT?DOT was making a pretty good triangle. Unfortunately, it broke down today and yesterday.
We can see it even broke down pretty good support which is now acting as resistance.
Hopefully, we can stay above the support area at 28-29 USD. If not we could even dive into another support which might be 18USD.
Maybe it can jump back into the triangle and move further. We will see.
I am still bullish with DOT from a long perspective.
DOT/USDT : Moving below resistance zone..BINANCE:DOTUSDT
Hello everyone 😃
DOT is moving below resistance zone, Also it's into bullish triangle !
EMA 100 could be good support for DOT to hold it into triangle.
🔴 Watch for BTC's movement; It would be more safe to take position with a confirmation on huge volume coins !
Attention: this isn't financial advice we are just trying to help people on their own vision.
Have a good day!
@Helical_Trades