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Polkadot

DOT - Long after bear trapReasons to take long: ⭐️ Currently BTC is bullish ⭐️ We trapped a lot of bears on 1h tf ⭐️ Volume increased at bottom ⭐️ Price is squeezing to the level 7.42 ⭐️ 4th touch of the level ⭐️ 40 ATR ⭐️ Over VWAP Will enter when price squeezes to the level on 5m timeframe, the base will form and the tape will get faster. If you don't understand the previous sentence, just use swing stop-loss 3-5% Fix profit by parts: 1% - 1/3 2% - 1/3, stoploss to breakeven What's left, hold to the maximum What do you think of this idea? What is your opinion? Share it in the comments📄🖌 If you like the idea, please give it a like. This is the best "Thank you!" for the author 😊 P.S. Always do your own analysis before a trade. Put a stop loss. Fix profit in parts. Withdraw profits in fiat and reward yourself and your loved ones
Long
by Artem_Dishel
5
Polkadot "W" PatternRemember that time many years ago when we looked at the "W" pattern? The candles form a 'W' after a drop to signal that a reversal is happening... Notice here how strong the volume is... The MACD is moving to bullish also, Polkadot (DOTUSDT) can easily move higher. Note: The charts can always change. You need a plan, knowledge and experience to trade. There is always risks involved. Here we read the charts but new information is coming in at all times. Things can always change and invariably change, always. Whatever we see now won't stay the same for long. We map the different support and resistance levels and buy when see high probability that our move will really show up. We see it going up... The signals also say so. We buy but still know that money can be lost. If we win we accept and appreciate. If we lose we learn from any actions or mistakes, take the loss and move on. Namaste.
Long
by MasterAnanda
3
Polkadot Next Train- Well i tought Polkadot would surprise us in this dip and stop around 13$, but TheKing is still TheKing and decides for Altcoins over pressuring them. - Finally Polkadot got a support by his Top of 2020 consolidation. - So DOT dipped around 6.2$ but it could have dipped 5$ and still can. No matter. this is only a buy opportunity for the new train. - We won't see again this kind of huge project back to this price again after the next moon shoot. this is the last time to charge a bag. - When u are shivering, Whales are buying. Happy Tr4Ding !
KRAKEN:DOTUSDLong
by thecryer
16
DOT/USDT: On Buying area, Direct rise expected---- Mid-term Analysis for the next coming 4 weeks to 3 months - Daily on Daily Chart (LOG)------- DOT/USDT: On Buying area, Direct rise expected Context - The Global Crypto market leads by BTC and ETH is still evolving within a bearish market configuration. Like the others digital assets DOT suffered about negative global market situation. - However we are focus on a key buying area now on this coin and we expect a fast and quick recovery regarding technical elements Market configuration - Graphical Elements : Graphical Resistance = 14 & 31 Graphical Support = 5,50 & 2,00 - Mathematical Indicators: EMA ( Exp Moving averages) are still capping the market = Bearish RSI indicator (below) is bouncing off key support = Bullish - Elliot & Harmonic Wave (Fibonacci): Fibonacci Target C (B) has been already reached = 9,50 Fibonacci resistance of the wave in progress = 14,00 Fibonacci support of the wave (c) (B) (max extension) = 5,50 Fibonacci Bullish Target = 19,00 (auto-similar move) Conclusion Preferred case => Regarding the mid-term element, DOT is offering the perfect entry area for a mid-term portfolio configuration in order to anticipate a bullish exit towards 14,00 and 19,00 as long as 5,50 remains support - In extension a larger rise towards the previous top at 31,00 can't be ignored
Long
by JeanJean1983
#Polkadot's Upside Limited, will DOT Steady above $8.5?Past Performance of Polkadot The broader crypto market expects a recovery, a development that might lift DOT prices from 2022 pits. Still, sellers remain firmly in control with resistance at the middle BB. Currently, DOT crypto prices are struggling against a deluge of selling pressure. The coin is down roughly three percent in the past trading week. #Polkadot Technical Analysis DOT prices are inside a tight trade zone, tracing the middle BB as bears diffuse attempts for higher highs. In a bear flag, the coin has support at $8.5. On the other hand, resistance is defined by the flexible resistance line, the middle BB, and $11. Ideally, buyers should wait for confirmation of May 13 gains. That will mean a clean break above $11 with rising trading volumes. If not, any drop below $8.5 or last week's lows could trigger a sell-off towards $7 in the immediate term. What to Expect from #DOT? Polkadot is struggling, and bears are in a commanding position. The odds of unexpected recoveries above the middle BB are slim to none. Accordingly, aggressive DOT bears may unload on dips, doubling down, especially if there are further losses below last week's lows. Resistance level to watch out for: $11 Support level to watch out for: $8.5 Disclaimer: Opinions expressed are not investment advice. Do your research.
Short
by Bitcoin_Analyzer
Polkadot (DOT) - June 7hello? Traders, welcome. By "following", you can always get new information quickly. Please also click "Like". Have a good day. ------------------------------------- (DOTUSDT 1W Chart) The section below 9.26-10.13 may be a mid- to long-term investment area. To create a new wave, it must rise above 19.37. (1D chart) In the short and medium term, it needs to move above 10.13 and find support to turn into an uptrend. However, since the MACD-P indicator point is formed at 11.03, the key is whether it can rise above this point. If it falls below the 8.71-9.26 range, it may lead to further declines, so you need to trade cautiously. (buy) - After confirming the support in 11.03 (Stop Loss) - When it falls below 10.13 and receives resistance - When it falls below the 8.71-9.26 section (Sell) - When receiving resistance near 13.64 - When receiving resistance in the section 17.98-19.37 ------------------------------------------------------------ ----------------------------------------------------- ** All indicators are lagging indicators. Therefore, it is important to be aware that the indicator will move accordingly as price and volume move. However, for the sake of convenience, we are talking in reverse for the interpretation of the indicator. ** The MRHAB-T indicator used in the chart is an indicator of our channel that has not been released yet. ** 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.) ---------------------------------
by readCrypto