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Polkadot

DOT triangle breakoutPokadot seems to be ready to break up this triangle 📐 and if successful I think there is chance for run to 10.25 and even higher. Just bought... ENTRY : local high @ 8.10 STOPLOSS (SL) : local low @ 7.80 TARGET (TP) : height of the triangle projected from midpoint of the local range (BUY - SL) @ 10.25 REWARD RISK RATIO (RRR) : 7.1 INVALIDATION : when SL level hit Check my other stuff in related ideas. Please like👍, comment🗣️, follow me✒️, enjoy📺! ⚠️Disclaimer: I'm not financial advisor. This is not a financial advice. Do your own due dilingence.
Long
by bizmark
Polkadot Soon To Go Bullish (125% Target Mapped)We will be looking at 3 signals on the Polkadot (DOTUSDT) chart. 1) As MA200 trends down, prices tend to trend upwards. 2) Bottom pattern formation. The same bottom pattern we've been seeing in multiple charts is also present here. 3) Mirror image. On the left side we have red/down, on the right side the mirror image would be green/up. These are the signals. The light blue line at the bottom of the chart is the stop-loss. We use manual stop-loss (full candle close below this line). This is not financial advice. The charts can always change. Keep in mind that trading is not risk free. Do your own research before trading. Make sure to comment, like, follow & share for more. Thank you for reading. Namaste.
Long
by MasterAnanda
1
DOT (Analysis)The DOT was supported at the bottom of its bearish channel last week and is moving towards resistance at $ 8.5, forming a twin floor pattern. A negative reaction accompanied the first encounter with this range. Still, in the second encounter, due to the strength of buyers, there is a possibility of breaking the resistance ahead and continuing the upward movement until the next resistance in the $ 10 range. The downtrend is broken, and if pullback moves to this uptrend and maintains $ 7.5 support, we expect the uptrend to continue with more strength towards higher resistance. The first resistance is in the range of 8.5, and the second resistance is in the range of $ 9. If the uptrend line breaks in the 4-hour timeframe, a price reversal warning will be issued again to lower support.
by MonoCoinSignal
3
Polkadot (DOT) - June 24hello? Traders, welcome. By "following", you can always get new information quickly. Please also click "Like". Have a good day. ------------------------------------- (DOTUSDT 1W Chart) 3 important segments - 9.26-10.13 - 13.64 - 18.42-19.37 An upward break above the key zone is required to continue the uptrend. (1D chart) Resistance: 9.26-10.13 Support: around 7.16 It needs to rise above 8.71 in order to turn to an uptrend in the short-term and mid-to-long term. However, it is expected that the upward trend will continue only when it rises above the critical section 9.26-10.13. ------------------------------------------------------------ ----------------------------------------------------- ** 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
POLKADOT - Last Bearish Leg... 🚀In one of our previous analysis, we showed a short setup from $23 with targets of $10. We achieved that target and made raw gains of over 50%! We blew past our short targets and now we are approaching the final legs of the bearish wave. We are expecting bulls to jump in as soon as this final bear leg is over. On lower timeframe we can see that we're making our way down for the final time. Trade Idea: - Watch for the final leg to end and bulls to step in - through trendline break, BOS, RSI etc - Once bullish price action appears, enter with stop below the lows - Targets: 25, 50, HODL rest for longer term Goodluck and as always, trade safe!
by WicktatorFX
2
Polkadot facing resistanceThis one looks/feels just like Cardano. We are looking at DOTUSDT (Polkadot) and we see that prices are trading above EMA10 and EMA21, which is always good... But resistance is being faced at EMA100. This same level has rejected growth twice already this month and is the immediate challenge. If DOTUSDT can manage to break and close above $8.06, we can expect much higher prices. On the contrary, a rejection can lead to a test of the last low. This is shaky spot... This is the decision spot... This is where you hear people talking about coin flip, 50/50... We go GREEN and we use a tight stop-loss. I think we are ready to go up. Namaste.
Long
by MasterAnanda
1
POLKADOT the last chance and the range market 📖🚀Hello 🐋 Based on the chart, the price is close to the green trend line and major support or better to say the previous zone that started its amazing pump to the upside ✔️ if the price breaks the red trend line to the upside, we will see more gain besides the range market is acceptable scenario too 📖💡🚀 and if the price break the rang area to the upside, we will see more gain 🚀 otherwise we can see more correction ❌🧨 Please, feel free to share your point of view, write it in the comments below, thanks 🐋
Long
by MadWhale
5
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