We are on track with Polkadot
Update to our previous IDEA , Dot is playing out as we expected. Looking forward to see it hitting the 8.5 mark.
Polkadot
DOT / USD - Accumulation CompleteDOT / USD looks good here.
It is about to break out of its accumulation range soon imo.
DOT/USDhmm let's check elliot waves.
maybe that could be a 70% of scenario.
i am using different trading strategy, but if we measurement a waves withg this scenario DOT will be hit 14bucks. (80%)
Looking Forward to See DOTUSDT Breaking Resistance.
Strong Buy flashed on DOT 2H chart followed with a Trend Tracer & Trend Catcher confirmation they both turned green.
Looking forward to see DOT Breaking the resistance line & retesting.
NFA as Always, Please do your own research. BINANCE:DOTUSDT
Polkadot longPolkadot bounced off the lower boundary of horizontal channel. Bullish movement to resistance level at 7.38 is possible.
#Polkadot is Free Falling, DOT May Collapse to $6Past Performance of Polkadot
Polkadot bears are relentless at spot rates, per the formation in the daily chart. After a brief consolidation, DOT prices are down double digits in the last trading month, dropping nine percent on the previous trading day alone. As per the DOT candlestick arrangement, traders should look to align with the primary trend by unloading on dips below $8 and the middle BB.
#Polkadot Technical Analysis
Currently, sellers are firmly in control. After the DOT price consolidated in the first week of September, even printing encouraging higher highs, the coin is now recoiling from the middle BB and August 26 highs at around $8. Technically, bears are in control. DOT is under pressure from an effort versus result analysis since buyers didn't break above the middle BB or reverse losses of August 26 or 19. With the trend defined and the coin within a bear breakout formation, the immediate target is at $6, marking July 2022 lows.
What to Expect from #DOT?
Even though buyers are upbeat and confident that DOT's bottoms may be in, the liquidation wave appears too strong for bulls. Sellers are in a commanding position, reading from the formation in the daily chart. If DOT fails to hold prices above $6, the coin may slide to new 2022 lows.
Resistance level to watch out for: $8
Support level to watch out for: $6
[ b]Disclaimer: Opinions expressed are not investment advice. Do your research.
DOTHELLO GUYS THIS MY IDEA 💡ABOUT DOT is nice to see strong volume area....
Where is lot of contract accumulated..
I thing that the Seller from this area will be defend this SHORT position..
and when the price come back to this area, strong SELLER will be push down the market again..
DOWNTREND + Support from the past + Strong volume area is my mainly reason for this short trade..
IF you like my work please like share and follow thanks
TURTLE TRADER 🐢
Polkadot DOT: Not Looking GoodHello friends, today you can review the technical analysis idea on a 1D linear scale chart for Polkadot (DOTUSD).
The chart is self-explanatory. With the crypto market going through a correction, Polkadot may still have downside to go. See where I believe there may be strong support and possible bottom.
Included in the chart: Trend line, Support and Resistance Line, VPVR, Ichimoku Cloud, RSI, MFI and Volume.
If you enjoy my ideas, feel free to like it and drop in a comment. I love reading your comments below. More ideas below!
Disclosure: This is just my opinion and not any type of financial advice. I enjoy charting and discussing technical analysis. Don't trade based on my advice. Do your own research! #cryptopickk
Polkadot: Pushing for $8.8 according to this pattern.Hello all, and thanks for supporting my channel.
Looking at DOTUSD on the daily timeframe, we see a formation of a falling wedge pattern which has a bullish price target at $8.90. This price also corresponds with the 78% fibonacci retracement level and is also the top of the weekly candle formation.
On the daily timeframe we are also trading inside the ascending channel which has support level sitting at $7 and resistance level at $10. For this channel, the Fixed Range Volume Profile provides a point of control at around $7.85 which is also the 50% Fibonacci retracement level.
On the 4hr timeframe, DOT broke bullish out of the $7.50 price, and is currently retesting this price for support.
As such, if the price of DOT can clear the $8 mark, we can retest the top of the channel at $10. This is approximately 30% move to the upside from the current point.
Thanks for reading, and stay tuned. Enjoy.
POLKADOT PERSONAL ANALYSIS IN THE SHORT TERM (RE-SHORT RETEST!)The total evaluation for the POLKADOT asset is completely bearish. Please be warned of your risks and make sure to manage it properly. I see the same confirmation candles as well in the daily for a potential reversal to the upside, take your profits always and remember to short at great levels of volume congestion for a bigger edge. A retest on the support we failed to hold will most likely be a proper target with a potential to make mega dumps even further.
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Thank you for reading! Remind you that this is a 1H chart since the movement is more clean rather than 4H chart and 1D chart which are mostly jumbles. The 1H chart even explained how we broke through an important resistance from the bottom forming a bullish flag. Like this chart? Share it, bookmark it, save it -- its yours, for free!
DOT ready for pumpWhat we can see here is break and successful retest if we close like this on 2h. Be ready and set your buy order here if you want to make big money from this retest&pump.
POLKADOT IS IN ACCUMULATION ZONEPolkadot seems to be in the demand zone($6.24 - 3.90) on the weekly time frame forming equal highs/lows. This possibly signifies an accumulation of orders at this zone before an explosive move towards the weekly supply zone of - $15.34- 23.78 region. This zone also coincides with the golden ration in the Fib retracement, which adds to our confluence.The RSI also seems to have stopped forming lower lows and looks like its displaying a potential reversal/bullish divergence in play.
If this move plays out(dependant on Bitcoin) we could see a sharp sell off once it reaches the supply zone.
If you are accumulating #Dot in these regions make sure to take some profit at this key level.
Polkadot (DOT) - August 31Hello?
Welcome, traders.
By "following", you can always get new information quickly.
Please also click "Like".
Have a good day.
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(DOTUSDT 1W Chart)
Whether or not it can move higher than 11.72 is crucial.
(1D chart)
The key is whether it can be supported by rising to the 7.16-7.74 section.
If it falls below 6.85, it could fall near 5.11, so you need to be careful.
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** All descriptions are for reference only and do not guarantee a profit or loss in investment.
** The MRHAB-T indicator, which is inactive on the chart, contains indicators that indicate support and resistance points.
** Background color of Long/Short-S indicator: RSI oversold and overbought sections
** Background color of CCI-C indicator: When the short-term CCI line is below -100 and above +100, oversold and overbought sections are displayed.
** The OBV indicator was re-created by applying a formula to the DepthHouse Trading indicator, an indicator disclosed by oh92. (Thanks for this.)
(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.)
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DOT descending channel. make or break the middle line?#DOT/USDT
$DOT is inside descending channel and around the middle line.
🐮 holding the middle line as support will increase price toward upper line.
🐻 break down from middle line will drop price to lower line, as the middle line can be the neck line of head and shoulders pattern.
DOT/USDT Elliott Wave countDOT may start to push higher for a C wave after a 5 waves impulse to the downside.
Price bounced into the 0.5 fib retracement of wave A. Target for C wave if B is completed 8.167 - 8.656
DOT cup and handle#DOT/USDT
$DOT shaped a Cup & Handle pattern in 1h time frame!
🐮 breaking out the middle and upper line of descending channel that is the handle will confirm this pattern and will bring it up to touch 2 fib level of the cup which is around $8.4.
🐻 breaks down from the lower line of channel will invalid this pattern and can drop price to middle line of daily descending channel around $7.
Polkadot: overview for August 23The support level was broken on the Daily timeframe on August 19 breaking through $7.68, and the trend is bearis h now. The market has been in the correction wave for the last several days.
A pullback selling opportunity will appear after the correction is finished and a bearish candle is formed on the Daily timeframe.
If the downward movement continues, then the price can move towards target #1 . It is the support level formed on July 25 – 27. Its borders are $6.71 – $6.52. If the new support is formed in the coming days, it will be the first target.
Short positions will remain relevant until the market is below the nearest resistance level on the Daily timeframe, the highs of August 10 – 15.
DOT up move before correction Polkadot seems it will have a short burst up before another correction wave down into the low of the accumulation zone.
The last leg of the impulse wave has aligned nicely with the Heikin ashi doji which has also retested a previous doji. Oversold stochastic along with a slight retrace suggests a possible move up into the final point of the impulse wave.
Huge pump, If DOT renew it`s lows🚀Hi friends! DOT is close to it`s $6 lows where a lot of long traders stop losses are set. It`s the nice area, where the big player can collect enough liquidity to open a long and a huge growth can continue.
📊 The preconditions to open a long:
1. false breakout of the $6 key level where a lot of retail traders sl`s are set
2. volume growth which confirms that buyers makes it`s purchases
3. DOM and Footprint show us the huge LIMITS WALL to buy
4. of course, bullish BTC help DOT to PUMP
🚩 Last time DOT wasn`t strong enough to make break up of the rising wedge. It will be nice to see the strength of buyer during the false breakout of $6 key level and DOT will go to grow and brake up the falling wedge.
📊 The targets:
🔥 $9-9.5 - the closest value area and the resistance
🔥 $11.9 - the key level
💻Friends, press the "like"👍 button, write comments and share with your friends - it will be the best THANK YOU.
P.S. Personally, I open an entry if the price shows it according to my strategy.
Always do your analysis before making a trade.
$MOVR Accumulation Zone For a Next Bullrun 🔥 2024 Hey Guys, MOVR is the most great project made by Moonbeam (Parachains) MOVR is Moving on Kusama Ecosystem Which is good. $KSM have good History Pump 600x in 2020 the price around 1$ and 2021 ATH 600$ something. $MOVR have a chance like $KSM. i will buy if $MOVR Still in GREEN ZONE 🔥.
POLKADOT PERSONAL ANALYSIS IN THE LONG TERM (SHOCKING REVEAL)The total evaluation for DOT asset is bearish . Please be mindful of your risk management when it comes to buying at certain level. It is truly key to recognize designated levels at which volume and trading activity can be found, I have already provided you with the volume profile on the left to assess your judgement. The green line as it shows is a representation of market structure activity that truly respects the descending triangle , however any move significant enough to breakout and confirm its stand outside of this is more than welcome. Hey, no one wants crypto dead you know! However, until then, I will short every rally in accordance with the November 2021 trendline and descending triangle trendline.
You may save this chart for future reference. Bookmark it! Do not forget to like, share and comment :D -- Come back here again when it plays in our favor or not!
Polkadot (DOT) - August 18hello?
Welcome, traders.
If you "follow", you can always get new information quickly.
Please also click "Like".
Have a good day.
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(DOTUSDT 1W Chart)
The key is to keep the price above 7.16 and move above 11.72.
(1D chart)
Resistance: 11.72
Support: 6.89-7.74
To rise above 9.75, it must be supported and climbed at or above 6.89-7.74.
If not, you should be cautious as this could lead to further declines.
- As the RSI indicator declines in the overbought zone,
- The Stoch RSI indicator has entered the oversold zone.
Therefore, if the volume does not decline as the volume increases, it is expected to create a pull back pattern and rise.
------------------------------------------------------------ -------------------------------------------
** All descriptions are for reference only and do not guarantee a profit or loss in investment.
** The MRHAB-T indicator, which is inactive on the chart, contains indicators that indicate support and resistance points.
** Background color of Long/Short-S indicator: RSI oversold and overbought sections
** Background color of CCI-C indicator: When the short-term CCI line is below -100 and above +100, oversold and overbought sections are displayed.
** The OBV indicator was re-created by applying a formula to the DepthHouse Trading indicator, an indicator disclosed by oh92. (Thanks for this.)
(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.)
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Polkadot shortPolkadot broke trough the ascending trendline. Asset broke trough the support level. Bearish movement to support level at 7.7 is possible.
