🚀🚀DOT - Crazy pump take all targets!BYBIT:DOTUSDT
4H trend chart
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Congrats my freinds.
You must take over 15% profit with the trading strategy that posted on March 17.
DOT already hit all our targets, so the strategy has been closed, do not forget to take profit.
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DOTUSD
🔔POLKADOT Going Long after come down to pull pack - ☑️DOTUSDTAfter DOT breaking up a descending channel, the possible scenario for next days is to coming back to price AT $18.40, which is considered buying area, keep DOT in your wallet until $35, then sell it to rebuy from pull back again Which will be at price $24 - 23$
Also when the price break the yellow trend line that is a proof to bullish continuation, just keep watching
Trade Idea for POLKADOT (DOTUSDT - DOTUSD):
- Wait for a pull pack
- Buy from $19 - $18
- gain probability more than 95%
- Keep following me for specific details
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NB: The probability of what I analyzing, is to be true unless the opposite is proven
Feel free dear trader to share with me your opinion, and also your analysis & Keep Watching
Have a nice trading
DOT downwards channel breakoutDOT has completed a 5 wave correction sequence in a downward channel from its highs into a weekly demand zone. Its had a high volume bottom as it come into the zone and closed with a rejection wick and pinball close on weekly. The trend has started to reverse and put in a HH on the 3D having reset on the RSI from being oversold and now trading above the MA and looking like it could be the beginning of a new uptrend. Swing structure on weekly looks good, HH and HL formation so id expect the high to get taken and DOT to put in a new ATH from here based upon HTF analysis. MACD also converging showing momentum coming into the market on buyer side coinciding with new wave the the upside.
POLKADOT - Bullish Divergence Polkadot is very close to our buy zone but we're waiting for price to make one more move down to complete the expanding flat formation, which is a very common bullish continuation pattern.
Whilst waiting for our long term buys, we can look to sell DOT once more.
Trade Idea:
- Watch for lower timeframe bearish price action at our sell zone
- Enter with stops above the rejection
- Targets: 14.50, 11
Goodluck and as always, trade safe!
DOT LongPolkadot token (DOT) found support on higher time frame and price made a higher high formation, which was the first bullish sign after long period of price decrease from December ATH. DOT is now moving bullish from the break out of descending triangle pattern. The same pattern was established in July last year, when DOT bottomed out at around $10. RSI is nicely picking up and is in bullish zone on daily chart, price is above 13- and 20- moving average, indicating, bulls are in control.
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PolkaDot DOTUSDT - HUGE breakout is happening! New bull market.- DOT is currently breaking out of the descending channel on the daily chart!
- On the weekly chart we a have higher highs and higher lows, so there is nothing wrong with the overall bull trend.
- Also an Impulse Elliott wave finished successfully with 5 waves to the downside, so now there should at least a retracement to 0,618 FIB.
- RSI horizontal line is breaking out too.
- Together with BNB we can experience solid gains.
DOT/USDTTesting/tracking elliot wave theory. Please do not trade off idea without S/L. Not financial advice.
Link to previous chart:
www.tradingview.com
The retracement went way lower than my prediction. We're at the bottom of the red support line which would be the indication of the end of this wave (2) retracement. If this chart is to play out we cant go lower than $10.5 for the blue wave. There is another wave not shown here which can make this chart still valid if we go below. If this happens, I'll post the updated chart below. The EMA 20 (red line) is starting to curl up, if it can go above the other 3 EMA lines (refer to the white circle) then we can see a repeat of something similar on the last impulse wave which created the first blue wave (1).
DOT: long opportunity Hello Colleagues, it seems that DOT has broken the descending triangle. it is good to hold some especially between 17-19$. DOT has been undervalued for the last months, and this breakout may reverse the trend especially if it will be confirmed again by a new higher high.
My stop loss will be a daily close under 15$ which may lead to more drop.
@ Kurd_Crypt
DOTUSDT, We are going to reach to the new support levelHello everybody
As we have many request to update analysis of Dot, we will update it at the end :D
As you know, Dot is one of the most powerful project in crypto that is working on connection base between blokchain with parachain and ...
The founder of project is Dr.Gavin wood , he is one of the co-founder of etheruem and ...
If you know the fundamental of any project that can help you to knoe the road map and to diagnosis which one these many project are good and it can be worthy in future
According to the chart and our previous serial analysis , we shown on chart that we are in downward trend and until we are moving in this trend to the low we didnt have any permission to take long posotion because its against of trend and now according to the trend we expect the price to have some rise up to complete their correction then its ready to make new LL and make new breakwave .
You can take short position if you have signal in the resistance zone that we shown in previous analysis. ( Signal : like reverse hammer , descending cover , pattern price or ... )
Please guys dont forget use stop loss and observe capital management
If you re attractive of Dot you can check our previous analysis to know the movement :
If you have any question, send us messages
Good Luck
Abtin