Get started

Polkadot

DOT/USD - Potential 85% SetupHello Traders! The DOT began to accumulate in the $15.90 - $23.00 range after the end of the correction The price has consolidated above MA100 on the daily timeframe and is testing the upper boundary of the accumulation range, the level of $23.00 Entry into short-term purchases can be looked for in the range of $20.75 - $23.00 Consider exiting by stop-loss in case the price goes below $17.00 The targets will be price levels of $30,00 $34,40 $39,00 Good luck and watch out for the market P.S. This is an educational analysis that shall not be considered financial advice
COINBASE:DOTUSDLong
by UnknownUnicorn10064030
1
Polkadot (DOT) - March 30Hello? Traders, welcome. By "following", you can always get new information quickly. Please also click "Like". Have a good day. ------------------------------------- ** The BTC market chart for altcoins will not be published for the time being as the BTC price appears to be turning upward. (DOTUSDT 1W Chart) To convert to an uptrend, it must rise to section 1 (24.82-27.57). Therefore, it may temporarily touch near 19.33 and may move higher, so you need to trade cautiously. (1D chart) Attempting to break through the M-Signal line of the 1W chart. Therefore, it is likely to rock up and down, so you need to trade cautiously. Section 1 (24.82-27.57) is an important section that determines the trend. Since a high point is formed within section 1, resistance is expected to be strong. (buy) - After confirming that it was supported at 19.33 or higher by falling due to a sudden movement - After confirming that it is supported at 25.07 or higher (Stop Loss) There are many indicators passing through section 2 (at least 17.69-19.33), so it is likely to find strong support. So, you should check the movement when you fall within this range. (Sell) - When falling after receiving resistance near the 35.81-36.76 section - When falling after receiving resistance in the 44.05-48.80 section ------------------------------------------------------------ ------------------------------------------- ** 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 convenience, we are talking in reverse for the interpretation of the indicator. ** The MRHAB-O and MRHAB-B indicators used in the chart are indicators of our channel that have not been released yet. (Since it was not disclosed, you can use this chart without any restrictions by sharing this chart and copying and pasting the indicators.) ** The wRSI_SR indicator is an indicator created by adding settings and options to the existing Stochastic RSI indicator. Therefore, the interpretation is the same as the traditional Stochastic RSI indicator. (K, D line -> R, S line) ** 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
DOT formed a megaphone patternI'm not really in the mood to do TA but I noticed this and I don't usually find many megaphone patterns so neat and in such good position so I thought to post about it. Current DOT situation meets all basic rules about such pattern (read about them in this summary: www.elearnmarkets.com ) and I think this is it. Volume is spiking where price meets the upper border and there have been 5 touches and the bottom touches (2 and 4) touched EMA 200 which acted as support. Moreover this pattern has formed after a strong trend. The only thing which could invalidate it would be BTC dumping so take a look at it if you wanna enter now wait for confirmation which would be price going over the upper line and possibly bouncing upward. However the possible target isn't so high because of resistance and pattern's target. Good luck and remember, take a look to BTC. If price fails to break out there's a good occasion to short
by Shotokhan
2
🔔POLKADOT Going Long after come down to pull pack - ☑️DOTUSDTAfter DOT breaking up a descending channel, the possible scenario for next days is to coming back to price AT $18.40, which is considered buying area, keep DOT in your wallet until $35, then sell it to rebuy from pull back again Which will be at price $24 - 23$ Also when the price break the yellow trend line that is a proof to bullish continuation, just keep watching Trade Idea for POLKADOT (DOTUSDT - DOTUSD): - Wait for a pull pack - Buy from $19 - $18 - gain probability more than 95% - Keep following me for specific details Keep following me for more news about Cryptocurrency NB: The probability of what I analyzing, is to be true unless the opposite is proven Feel free dear trader to share with me your opinion, and also your analysis & Keep Watching Have a nice trading
Long
by UnknownUnicorn36865916
$DOT starting to outperform $ATOMDOTUSD appears to beginning some outperformance compared to one of its peers, ATOMUSD. They are both interoperability tokens that have similar goals and functions. I would personally put them in the same group, but correct me if I'm off base. On a 6 month basis, ATOM has outperformed DOT by a significant amount over the past 6 months depending on your point of reference. ATOM has a market cap of roughly $8 billion. DOT has a market cap of roughly $29.5 billion. If this recent outperformance by DOT continues, it could began to catch up to its peer, which has really been putting the petal to the metal over the last six months. Could be DOTUSD's turn for some sustained outperformance. Long-term view of ATOM's outperformance over the last 6 months.
COINBASE:DOTUSDLong
by EBITDAtiger