Accumulating PolkaDOT I think it’s a good hold to add a for long term
My macro outlook is 2025 I see it rising 360+ not financial advice just my own thoughts and observation on a macro scale coupled with fundamentals
Also it looks like a Huge bullish pendant on the weekly that’s going to spring upwards to the heavens
Gavin wood is an extraordinary person with his work at eth and web3 as well as philanthropy efforts. I know this is the future tech.
All the best and 1love and peace
DOTUSD
Polkadot DOT with bullish divergence but RSI resistancePolkadot DOT with bullish divergence but RSI resistance
Breaking the RSI resistance would be a first bullish signal.
Flipping MA Ribbon green the next step.
Breaking the huge volume resistance at $34.85 would be "Breaking news" itself.
What do you think?
Drop me a nice comment if you'd like me to analyze any other cryptocurrency.
*not financial advice
do your own research before investing
DOT - The Journey Of Two Paths...The much beloved Polkadot (DOT) is at a point of inflection in its journey. It has reached a point where it could have either a strong bullish or bearish run. In this trade idea, I will discuss each possibility and you can see which trade idea you would like to initiate.
TO BUY DOT?
How did we get to this point? When looking at DOT on the 1 Day chart, the price has fallen to a very longer-term level of resistance; dating back to 2020. This level of resistance is probably due to the large amounts of DOT that is staked and provides a strong level of support. If your Bitcoin thesis is that BTC has reached its lows and will start to consistently rebound, then this presents a good DOT buying opportunity
LONG: Enter at Current Market Price
Stop-Loss: $14
Take Profits: $22.50, $27,60, $30.80, $38.00
TO SHORT DOT?
DOT and many other alt-coins could have a bloody several weeks or even months if Bitcoin is not able to maintain its current price levels and BTC starts crashing down to the $20k range. With this, you could short DOT as there is no resistance from the current price levels down to the $7 range. Although many people have DOT staked for long periods of time, there reaches a point where the price gets too low for them and they start unstaking and selling.
SHORT: Enter at Current Market Price
Stop-Loss: $20
Take Profits: $10.30, $8.25, $4.20
Let me know your comments & opinions below.
Cheers!
dot swing ~little dot long setup here,
from the local golden zone to the -0.236 (potentially to the -0.382 which is in confluence with the 100% extension of this local a-b-c).
it can certainly go higher, but i prefer to be conservative with my upside targets.
if it does get up there too, it will have broken the bearish trend - which is a nice step in the right direction.
polkadot is ready for Wave G NOTE :
Personally, I have been a staunch opponent of digital currencies for a year now, but as I said before, I have recently seen good endurance and demand in this bloody market, and now I hope to climb.
I think that the banks and financial institutions of the world, with the decline of all markets and its uncertain future in the war, have a good excuse to have a good profit in this market from the people.
Governments are also supporting the burning of money and the reduction of inflation
DOT looking for a breakout on the weekly chart.DOT weekly chart, looking like a possible bullish
reversal. there is Hidden bullish Divergence
with the price having a higher low
and the RSI putting in a lower low.
price targets and support listed on the chart.
DeMark 9 Indicator is reading there is a 80%
probability the weekly candle has hit the bottom.
Polkadot (DOT) - March 3Hello?
Traders, welcome.
If you "follow", you can always get new information quickly.
Please also click "Like".
Have a good day.
-------------------------------------
(DOTUSD 1W Chart)
If support is found above the 16.15 point, I would expect it to move above the 20.27 point.
However, to turn into an uptrend, it must rise at least 23.0 points.
If it falls below the 16.15 point, it is expected that the price will fall near the 10.16 point, so you need to trade cautiously.
(1D chart)
The 20.22-23.31 interval is an important interval that determines the trend.
Therefore, it is important to rise to the 20.22-23.31 section and find support.
The next volatility period is around March 12.
-------------------------------------
(DOTBTC 1W chart)
0.0003 911 - 0.0004 872 section: volume profile section
If it falls below the 0.0003 911 point, it may move up near the 0.0003 242 point, so trade with caution.
It needs to rise above the 0.0005 287 point to turn into an uptrend.
However, it is expected that the uptrend will continue only when it deviates from the downtrend line.
------------------------------------------
We recommend that you trade with your average unit price.
This is because, if the price is below your average unit price, whether the price trend is in an upward trend or a downward trend, there is a high possibility that you will not be able to get a big profit due to the psychological burden.
The center of all trading starts with the average unit price at which you start trading.
If you ignore this, you may be trading in the wrong direction.
Therefore, it is important to find a way to lower the average unit price and adjust the proportion of the investment, ultimately allowing the funds corresponding to the profits to be able to regenerate themselves.
------------------------------------------------------------ -----------------------------------------------------
** All indicators are lagging indicators.
Therefore, it is important to be aware that the indicator moves accordingly with the movement of price and volume.
However, for convenience, we are talking in reverse for the interpretation of the indicator.
** The MRHAB-O and MRHAB-B indicators used in the chart are indicators of our channel that have not been released yet.
(Since it was not disclosed, you can use this chart without any restrictions by sharing this chart and copying and pasting the indicators.)
** The wRSI_SR indicator is an indicator created by adding settings and options to the existing Stochastic RSI indicator.
Therefore, the interpretation is the same as the traditional Stochastic RSI indicator. (K, D line -> R, S line)
** The OBV indicator was re-created by applying a formula to the DepthHouse Trading indicator, an indicator disclosed by oh92. (Thanks for this.)
** Support or resistance is based on the closing price of the 1D chart.
** All descriptions are for reference only and do not guarantee a profit or loss in investment.
(Short-term Stop Loss can be said to be a point where profit and loss can be preserved or additional entry can be made through split trading. It is a short-term investment perspective.)
---------------------------------
DOT/USD - Decision time $10 or $20 Next. 😱DOT is running out of space to move. Will it fall to $10 or break away and go towards the first key resistance at $20 and above?
Low timeframes signal for optimism that we could break above, but this weekly chart to me looks as if DOT can go either way.
The support here at $17 has done a good job these past three weeks... will it continue to hold?
My bias is rather neutral on this chart. Let's see what happens next.
Like and follow if you liked my idea!
DOTUSD D1: 1000%+ gains THE BEST Level to BUY/HOLD (SL/TP)(UPDATWhy get subbed to me on Tradingview?
-TOP author on TradingView
-2000+ ideas published
-15+ years experience in markets
-Professional chart break downs
-Supply/Demand Zones
-TD9 counts / combo review
-Key S/R levels
-No junk on my charts
-Frequent updates
-Covering FX/crypto/US stocks
-before/after analysis
-24/7 uptime so constant updates
🎁Please hit the like button and
🎁Leave a comment to support our team!
DOTUSD D1: 1000%+ gains THE BEST Level to BUY/HOLD (SL/TP)(UPDATE)
IMPORTANT NOTE: speculative setup. do your own
due dill. use STOP LOSS. don't overleverage.
IMPORTANT NOTE: read entire idea before
execution. Tagged as BULLISH because I expect
reversal once we hit 8/9 USD.
🔸 Summary and potential trade setup
::: DOTUSD D1 chart review
::: chart looks good /strong
::: HOWEVER short-term
::: expect 40-50% correction mode
::: setup still valid as of right now
::: previously massive BULL TRAP after
::: FAILURE to break CYCLE HIGH
::: get ready to BUY LOW later
::: expecting BEAR TRAP near 8/9USD
::: i.e. FAKE BREAKDOWN of key S/R
::: best reload bulls near 8/9USD later
::: expecting 1000% bull run
::: re-test of sliding S/R line
::: near 100 USD later
::: BULLS stay out be ready later
::: expecting short-term correction
::: BULLS get ready to BUY after CORRECTION
::: TP bulls is +1000% gains later
::: expecting decent gains soon
::: 40-55% CORRECTION short-term
::: recommended strategy: BUY/HOLD after CORRECTION
::: TP BULLS +1000% gains / 25 USD
::: BEST reload BULLS near 8-9 USD
::: TP BULLS is 100 USD final EXIT
::: SWING TRADE: BUY/HOLD IT
::: bull run not over yet
::: good luck traders!
::: BUY/HOLD and get paid. period.
🔸 Supply/Demand Zones
::: N/A
::: N/A
🔸 Other noteworthy technicals/fundies
::: TD9 /Combo update: N/A
::: Sentiment mid-term: BULLS
::: Sentiment short-term: BEARS/PULLBACK
RISK DISCLAIMER:
Trading Crypto, Futures , Forex, CFDs and Stocks involves a risk of loss.
Please consider carefully if such trading is appropriate for you.
Past performance is not indicative of future results.
Always limit your leverage and use tight stop loss.