DOTUSDT
POLKADOT on PRZ SupportAccording to the chart, in the important support range, it is on the dynamic trend line and static price support. If we maintain this range, we will have a chance to increase the price to $ 19 and $ 20, otherwise the loss will be stronger with the loss of this range.
Its not Buy or Sell SIGNAL
DYOR
BY : Mohamad Teriz - @AtonicShark
DOT bearish flag of inverse H&S?#DOT/USDT
$DOT is below middle line of parallel channel.
🐻 if price hold the resistance of middle line of parallel channel and break down from lower line, this move can act as bearish flag and price will drop to support zone around $16.
🐮 if price break out from middle line we can see an inverted head and shoulders patten and price can head up toward resistance zone around $22.
DOT - Targets of this buyingBYBIT:DOTUSDT
4H trend chart
-
DOT is breaking out the downtrend line currently.
So here is a good entry for long, and trading strategy as below.
-
Profit Targets:
a) 19.665-----Fib(1
b) 20.365~20.650-----Fib(1.272~1.382)
c) 22.245-----Fib(2)
Stop losses:
a) 17.860-----Red horizontal ray
-
If you like this analysis, smash the "like button" and leave a comment below to share your thoughts
or let me know what crypto you want to see!
Trading is a reflection of yourself. Learn more daily and be ready for every opportunity.
Have a nice trading!
Thoughts on DOTPrice could be trading above the Ichimuko cloud (on longer time frames) in the not too distant future. Get above the cloud and stay there for a bit will be a very bullish sign.
Spotted a nice and clean inverse head and shoulders pattern here as well, so could long the break and could also long the retest of the neckline.
DOT/BTC looks good, and again looks like it wants to get above the cloud on longer time frames (looks closer to doing so that the USDT pair).
Polkadot slow mode- in my older analyze i predicted Polkadot bottom around 15.5$ :
Here older post :
- the problem with common alts is they are naturally following TheKing moves.
- if TheKing stays weak then altcoins will just standby and wait for his next move, then some will move harder if BTC pump and weaker if BTC dump.
- Polkadot is an heavy project with so much parachains, in the future i see DOT number 3 on CMC next to BTC and ETH.
- Many concurents as Solana or Luna made bigger moves than DOT, because they are going very fast, deploying multiples projects at the same time causing multiples bugs on their chains.
- Polkadot is safer, they are building slowly but surely
------------------------------------------------------------------
Trading Part
------------------------------------------------------------------
- if u check Weekly MACD in graph u will notice that it made a flat move
- Normally we had to turn bullish 3 weeks ago but we stayed weak, could consider that as fight between bulls and bears or a consolidation.
- in the worst case a good buying zone is around 13$, i don't see any lower bottom for DOT.
- if we are in a consolidation then a buy is possible right now but it's pure gamble, i recommend to wait.
- TP are accorded to Fibo and simple :
--- TP1 : 30$
--- TP2 : 40$
--- TP3 : 80$
------------------------------------------------------------------
Stay Safe and Happy Tr4Ding !
DOT possible breakout?Hello everyone, let's take a look at the DOT to USDT chart over the 1 day timeframe. As you can see, the price is moving in an uptrend channel marked with blue lines.
Let's start by determining the support lines with the Trend-Based Fib Extension tool and as you can see, the first support in the near future is $ 18.09, if the support breaks down, the next ones are $ 17.06 and $ 16.24.
Now let's move from the resistance line as the first resistance is $ 19.35, if you can break it the next resistance will be $ 20.77 and $ 21.94 plus $ 23.09.
Looking at the CHOP indicator, we can see that in the 1-day range we are starting to gain more and more energy, and the MACD indicator shows that an uptrend has started.
DOT/USDT Now in Buying Zone ( Polkadot is 400% Potential )#DOT/USDT TA Update:-
$DOT currently trading at $19
Already did 50% profit.
Now..?
I am again Buying some here.
Entry :- $17-$19
- Bounced from TrendLine Support
- Bullish Engulfing
- Parallel channel Breakout
I am expecting $65 Target for Mid term.
#PolkaDot is Strong potential in Long term.
Stop Loss:- $18
Long term Holder Stop Loss:- $14
Targets:- $30/$40/$65
I am making a gamble on EdgewareHi folks!
Long time no see, as the market has been largely untradeable in my view!
Now, I still think the market is in a chop,
but it might be tempting to bet some small funds on a bounce these days due to the really fearful sentiment and the very low liquidity in the markets.
In that sense, I have researched some potential candidates for long-shot bets, and I believe that the Edgeware project is extremely undervalued
from a fundamental standpoint - at least measured in multiples to the crypto market.
(Due to its potential both as a general purpose DAO and smart contract platform, its really decentralized community and the fact that it`s built on substrate)
In addition, the technicals look really good (Massive bullish divergence, very low liquidity on the downward move, two consecutive buy signals).
I am making a punt here, and I just thought I`d share it!
DYOR.
NFA.
Never take the word of others as a given, and never take advise from someone without skin in the game.
I wish you all well :)
19.04.22 DOTUSDT 4HDOTUSDT TA Analysis 4H
DOTUSDT is currently in a double bottom pattern with resistance at $18.81. The pattern has a taget of of $20.31 and has a resistance point @ $19.24
If it manages to successfully reach its target and continue pumping to $20.31 it could form an another double bottom patern or an inverted H&S with a potential target of $22.60. After reaching $22.60 there will be an another inverted H&S pattern formed with a target of $28.18 which also happens to be a resistance point of the downtrend channel it broke out not too long ago.
TP1- $20.31
TP2- $22.64
TP3- $28.18