DOT Buy Potential ContinuesA falling wedge and a current rising megaphone
I expect .786 fib level to hold and a breakout above the megaphone will occur
0.5 showed great support
DOTUSD
DOT - two scenarios 🤔😱As long as bitcoin is in consolidation or rising a bit, this is a good opportunity for altcoin, but so far there has been no local correction in bitcoin, which is worrying, so we have to be very careful with trades now.
On the DOT chart, there is an important support level of $35 and also a sloping trend line. If the price breaks the trend line, it will be a signal for continued growth. If the price breaks through the support, it will be a signal for a local correction.
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 is correctingDOT formed a bear pennant and got rejected at the resistance. Now it is coming back down to find support.
This is my second published idea
Input is appreciated
Graph Blockchain GBLC Appears to Have Bottomed OutGraph Blockchain Inc.is a leading-edge blockchain solutions company providing shareholders exposure to a variety of Decentralized Finance (DeFi) opportunities from Altcoins to Non-Fungible Tokens (NFTs). In 2021, it has acquired New World Inc. (Augmented Reality NFT Sales and Distribution Platform), Beyond the Moon Inc. (Leading Crypto Launchpads), and Babbage Mining Corp. (Altcoin Mining & Storage and Proof of Stake Mining).
Here are some reasons I'm excited about this stock:
- This company had a huge bull run in Jan 2021 from only 2 Cents to a whopping 49 Cents - that's a 24.5x return in 8 weeks!
- As you can see on the chart, the 5 Cent level was a resistance level for this stock in 2019 and 2020, and the bull run started as soon as this level was broken. Currently, this stock is making a double bottom pattern at the same level, potentially turning it into a support for the next move up.
- While the double bottom is forming, notice that the MACD and RSI appear to be making higher lows on the weekly timeframe, which in my opinion is a bullish divergence in the making.
- The company is very active, as is evident from the constant positive news coming out from their media relations department. Just search GBLC on Google News, and you can see for yourself.
- In April 2021, the Company announced a $1,000,000 staking capital investment into Polkadot (“DOT Token”) and $500,000 into Cardano (“ADA Token”), and I believe they will announce their earnings from these investments in their upcoming earnings report on September 29, 2021 (date source - TradingView).
- The company made several promising moves in the last year, all of which are summarized in this article announcing their annual report: investingnews.com
These all look like good signs to me, so I'm looking forward to seeing this stock rise in the coming weeks. I believe if BTC and Altcoins continue to perform well against the US Dollar, then this stock should also perform well, as it did in January.
Disclosure: The author holds shares of GBLC (Graph Blockchain) stock discussed in this idea.
Disclaimer
No Investment Advice Provided
Any opinions, chats, messages, news, research, analyses, prices, or other information contained in this Post/Idea or in connection with it are provided as general market information for educational and entertainment purposes only, and do not constitute investment advice. This Post/Idea should not be relied upon as a substitute for extensive independent market research before making your actual trading decisions. Opinions, market data, recommendations or any other content is subject to change at any time without notice. I will not accept liability for any loss or damage, including without limitation any loss of profit, which may arise directly or indirectly from use of or reliance on such information.
I do not recommend the use of technical analysis as a sole means of trading decisions. I do not recommend making hurried trading decisions. You should always understand that PAST PERFORMANCE IS NOT NECESSARILY INDICATIVE OF FUTURE RESULTS.
DOT The seventh floor is like the sixth but one floor higher(GufFalling is the same as growing. The pit is also the top.
Rabbits are not only valuable fur, but also three to four kilograms of dietary, easily digestible meat.
And those who are active as a bee during the day, strong as a bull, work hard like a horse and come home tired like a dog, should consult a veterinarian - there is a high probability that he is a donkey.
DOT is bullish?Now we are supported at 26-28, This is a strong support and we are still in up trend. now is accumulate the volume, we can see a huge pump if bitcoin price is going up. So, we have to wait and see. If it break 33, i think going to 40-45 is not an issue.
Remember to follow me, and give comment what you want me to analyst for you.
You follow is supporting me to continue to help you to make money on every trade.
I am trading crypto since 2015, and I training thousand of people making good money in crypto trading.
Click follow me now, so you will not miss my next analyst. Incase you can't find me back
Should we wait to buy at 13$?What do you think about it?
Double top chart >> accumulation
Waiting for buy more and more about 13$ or all in now!
DOT/USD 😵 Sideways Range 📈As of today, the price is almost at the lower border of the channel, there are two options for the development of events - we either retreat from it and return to the center, or we break through the border and go to retest the support level, in which case a new sideways movement in the 33-28 price range is possible.
Do you agree?)
Your Solldy.
DOTUSDT | Short/Sell !My Argument:
in my previous analysis show us DOTUSDT was in corrective phase, and I think currently this asset want to finish that correction with make the last wave
Polkadot Rides Ascending Channel Near All Time High-DOT is down nearly -9% over the last week
-Price has been stuck in an ascending channel over the last month
-DOT has been holding the 200MA as support
Polkadot has been performing better than the overall market over the last few weeks. Along with ALGO, ATOM, AVAX & more, DOT has been riding in a strong uptrend despite other major cryptocurrencies showing a lackluster direction. This indicates DOT is overall more bullish than most of the other top 10 coins & is on track to blast to a new all time high very soon. Polkadot’s blockchain is very capable of achieving what the ETH blockchain does but in a much more efficient way.
Since DOT’s large breakout on August 1st, price has been in a very strong uptrend which has produced nearly 100% of gains in a little over a month. This price action has formed what is known as an ascending channel as bulls and bears have equally defended both sides of its channel (shown in blue). For DOT to experience any parabolic moves, price must break either trend of its ascending channel. At the time of writing, DOT is attempting to break the major resistance zone of $34.58. If bulls manage to break & hold this resistance zone, DOT will be free for a push to its given targets.
Just over the last day, DOT has been respecting $32.06 as a strong support level. As long as this continues to hold as support, price will be in position to break the major resistance zone which is holding back DOT from a large move. Considering that Polkadot is close to the bottom trend of its near 45 day channel, we must be aware of the possibility of a larger downfall. If bears assert more dominance & pull DOT below this zone, price must hold the bottom trend of its channel along with the 200MA which has held as support for 6 weeks. Any break below this will trigger a bear trend.
While looking at the Stochastic RSI, we can see much indecision is taking place as strength is attempting to break over the 50 value back into bullish territory. If this break occurs, DOT will be free for a push to its major resistance zone. The MACD has been curling around looking ready to bounce back above the 0 value. The histogram seems ready to tick green for the first time in nearly 5 days.
DOT Intraday Analysis
Spot rate: $34.29
Trend: Bullish
Volatility: Medium
Support: $32.06
Resistance: $34.58
DOTUSDT - bearish divergence on 4hI see a bearish divergence on DOTUSDT 4h chart. We might go down to hit the demand zone (28.5-30) which also aligns with the 61.8 fib level.
This might take a while to play out. Let me know if you see the same.
DOT vs ETH - RatiosInteresting chart showing that DOT has been making a comeback against ETH but is now at some strong resistance VS ETH
If the past cycles were indicative of the future, there is a chance DOT could trade well against ETH. And then vice versa.
Not trading or financial advice, I just find ratios very interesting. IF there's a flash crash, then the ratios go completely out of whack, so be careful.
VJ
A CLEAN RIDE IF GIVEN.You all dont know yet the quickest money is always made if you are late to the party.
P.S. SUPPLY IS FROM DAILY, AND I EXPECT TO CUP&HANDLE SORTA THING TO OCCUR LATER, SO NO PLANS TO HOLD.
Waiting Game DOTUSD: Bullish long term scenarioHello investors and traders,
As part of the "Waiting Game" series, today we look at DOTUSD and long term opportunities.
If we consider the movements from inception end of August 2020 to mid-May 2021 as one complete wave (Primary 1 purple), and that the subsequent deep retracement was primary wave 2, then based on the guideline that usually a wave extension happens in wave 3 (primary degree) I would love to see DOT hits the 1.618 target (around $1080)
If we subdivide the primary count (purple) into intermediate waves, and we optimistically believe that we are starting the new cycle, I am looking forward to seeing a deep retracement (intermediate blue) around 50%-61% Fibonacci to buy a bag of DOT.
Long term target at $1080 and a short term target of $150 (intermediate wave 3) would see the Polkadot community very happy.
What's your long term and short term target price for DOT?
REEF and DOT - SimilaritiesSimilarities can be seen between these two coins
A flat top has formed, rejected and a recovery has now begun
The only major difference is that REEFUSD is under the 200MA while DOT is above it
A requested idea and comparison post
Polkadot testing old resistance?Hello! I hope you are doing well.
DOT:USD(T) in September shows divergence between RSI and Higher Highs in chart.
It is already in the tunnel it entered February this year and left in May. These are very strong support/resistance lines and were tested over and over again throughout these months.
With Polkadot/Kusama Parachain program the price can mean both - early anticipation for adaptation as well as preparedness "for the winter" by getting prices low to collect more of its tokens.
As this tunnel shows a heavy previous fight between bulls and bears, only when breaking one of two - resistance or support we will be able to anticipate the further direction.
Thank you
