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Polkadot

ichimoku trade : short positionthese positives can be a pullback to ichimoku cloud. then I put sell position at 40.26$ and put stop upper than cloud with buffer. if trend start, I will change stop with kijunsen. by a parallel channel it should come to 30.38$. other parallel channel shows a good support that is available at the picture(about 30$ but it is dynamic). sell pos.: 40.26$ stop loss: ichimoku cloud(about 47$) target: reach the stop loss of kijunsen(maybe about 30$)
KRAKEN:DOTUSDShort
by ebi_shj
DOT-USDT; What would happen in mid-termAs you can see on weekly chart, an ascending wedge formed and price showed good reaction to the top of the wedge; almost retraced 50% so far. Now, the price is at the edge to flip bearish, if it cannot hold the lower wedge trendline. The price is just above the WRH level, which is important to hold this level to keep the long-term bullish structure. The swing low (white arrow) level is around $22.5 and is the most important level on the chart. To see higher prices, the swing low level must be hold. In the case of a close below the swing low level, price would drop to the WRL level around $12.5. I'm a fan of Polkadot project and I will be more than happy if the price drops to WRL. Then I can load my long-term bag. Let me know your view and prediction, Cheers! Mr. CryptoTracker
by Mrcryptotracker
5
EVER HEARD OF THE SEX GODESS NAMED POLKADOT???Greetings fellow Traders, Today we consider the trading pair DOT/USDT Looking at the chart above us, we can see that ever since DOT was listed(or after the rebrand at least), Price has continued to respect an ascending Trendline while forming a Ascending Triangle pattern in the process. Currently Near Support of the trendline, and still in it's Larger Wave 2 correction, Price seems almost bottomed out. Taking a look at our RSI, ever since the wave 1 top & price hiting our triangle resistance, a bearish divergence was formed, sending both price action & our RSI into territories for a buying spree, most notably the RSI into the oversold region and price into accumulation. Should that same pattern repeat itself (and it looks just as though it might), we can expect one last retracement to the trendline support before gearing up for another impulse wave move to complete wave 3. Take profit zone is calculated by taking the length of the triangle from start to resistance and placing it ontop of the triangle, along with some other confluences on the fibonacci tool. Trade Idea: --DCA your way down to triangle support --Target PROFIT ZONE for quick gains --HODL the rest until strong price rejection. If you agree with this idea, pls leave a like as well as your thoughts in the comments section. As always, feedback is appreciated!
Long
by RektMyMom
Dot Short opp$dot #polkadot setting a lower high and H4 close below 29.7 would offer a nice short set up. Lower Low on H4 would add another 8-12% to the short. WAIT for confirmation. Not a trade until it closes below horizontal support. —————————————————————————————— Top 10 trading tips: 1. DO NOT FOMO into a trade. Let it come to you. Don’t force it. 2. Find a strategy that works for you and be consistent. Operate like a machine and less like the wind. 3. Let your winners run and cut your losers short. 4. You will not win every trade, but if you are disciplined with great RM you don't need to be right all the time to win! 5. Before you enter a trade, know your target AND your exit strategy. 6. When you are up, you can use a trailing stop or trim off some profit at a logical resistance point with a stop loss at breakeven. 7. Set your trade parameters up front so you keep your self accountable and remove emotions from the equation. (stop loss, take profit levels, etc) 8. Don't fight the trend. The trend is your friend. 9. Don’t enter a trade based on one indicator. 10. Horizontals > Diagonals Please note: - This is not financial advice. - I do not take every trade I post. - Never trade off of someone else's chart until you DYOR!
Short
by DaCryptologist
Altcoin comparisons - In case of a correction Following my Wyckoff study two days ago, the potentials for a BTC "Spring" event to effect the Alts needed some consideration. In this study, I have four altcoins for review of their reaction in a BTC correction. I am looking at XPRT, THETA, ADA and DOT. Of all the coins, I find it most difficult seeing THETA making a lower low given it is so far below where I feel BTC will go (in percentage terms). However, anything might happen.
Short
by Crypto-Swing
2
POLKADOT ANALYSIS As you can see, it is a bulish market for #DOTUSDT !! Weekly TIMEFRAME !! Weekly TIMEFRAME Dot, did not have a good rest because of the intermittent parachaine auctions . But for now, two scenarios can be expected: 1. According to Trend 1 : it broke its previous resistance, then the resistance has become a good support, so far it has pulled back to its level. If bitcoin does not fall, this pullback can be considered as a sign of continued upward trend. 2. Trend 2: If Bitcoin corrects, dot can also breathe a little fresh air and correction to the Fibo level of 0.3. This is not a buy and sell offer. Pay attention to the word stabilize and do not enter into a trade in a hurry.
by GODsPLAN777
DOT: We are just below WEEKLY Pivot Point. Opportunity is here!The DOT / USDT price is just below Pivot Point Weekly, which is a very strong level. If the Pivot Point breaks, it is possible to open a trade in the Long direction. If the breakthrough is rejected, we trade the Short position. Point Of Control levels, which show fair market prices, are also important. The opening of positions will also depend on trends, so we need to follow the rules of our strategy. We are the traders, not stupid gamblers. Patience is the key! Happy trading, Alex_UCT
by UltimateCryptoTrader