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Polkadot

DOT Struggling on Higher Timeframes In the last 5 months DOT has lost 70% of its value, it corrected till 0.886 on Fibonacci until it found a local bottom & bounced off $15. DOT Higher timeframes: However, DOT is still struggling to break above the supply at $23 - $24, which is now acting as a strong resistance on higher timeframes. We need DOT to close a weekly candle above the supply zone $24 for further upside or else it will go for further correction. DOT Lower timeframes: On lower timeframes, we're currently retesting the breakout, if we hold it will retest the $23 - $24 supply zone. Look for entries on lower timeframes for short term trade, for longterm look out for clear break through above the strong supply zone $23 - $24.
Long
by TychonTrades
DOT/USD: Trend line lower highPolkadot forming a nice trend line lower high since $16.12 USD in the date of March, 07, 2022 and we see an uptrend. Also, you can to put a buy now and SL to $20.20 USD and target to $26 USD. Also, the target toward $24 USD could be good if in case that DOT doesn't reach the $25 USD or we see any correction toward this trend line. So guys, it's very easy we see that Polkadot forming a lower high in this market structure. This it's the H8 timeframe and I see a bullish structure from this timeframe. This will be a risk/benefit of 1:2 Good luck!!!
BINANCE:DOTUSDLong
by harisonhbn9718
1
Polkadot has potential %15 profit with 3.4 RR #Polkadot $Dot stayed very calm recently.. breakout over Kumo cloud zone and just above year mid level.. 3.4 Risk reward ratio can push price till yearly open which can give %15 profit Please read this first ! This post does not provide financial advice. It is for educational purposes only! You can use the information from the post to make your own trading plan for the market. But you must do your own research and use it as the priority. Trading is risky, and it is not suitable for everyone. Only you can be responsible for your trading. Regards
DLong
by karati
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