Polkadot
DOT bearish scenario$DOT broke down from ascending broadening wedge pattern.
current zone can act as support and cause increase to broken support to confirm it as resistance.
then more drop to 0.786 fib level and maybe touch support zone between $7 and 10.
RSI candles shaped a triangle that current candle can be on lower line.
DOT Polkadot: Next Leg Up PossibleQuick Analysis on Polkadot ( DOTUSD ) on a 1D Linear Chart:
1) An Arc line has been drawn for Polkadot as the price has been moving up the Arc.
2) From the first top price of about $51 to the next top price of about $55, there was an estimated 10% price increase. The estimated new All Time High for the price, assuming a 10% increase, would be around $61-$62.
3) The RSI (relative strength index) has the potential to go back up as it is currently hovering in the oversold region and with a possible double bottom pattern, it could move up quickly.
4) The Volume is heavy.
5) After this move upwards, the price may have the potential to go Parabolic!
What are your opinions on this?
If you enjoy my ideas, feel free to like it and drop in a comment. I love reading your comments below.
Disclosure: This is just my opinion and not any type of financial advice. I enjoy charting and discussing technical analysis . Don't trade based on my advice. Do your own research! #cryptopickk
DOT - Good supportyou can see the support are ( yellow box ) , The chart reacts to the support area and can have an upward trend , it need strong candles , you can buy step by step in important support areas
DOTUSD(T) - Long Trade Idea (->30.70)DOTUSD(T) - Buy, 15m
Entry - 27.70
Stop Loss - 27.20 (50 pips)
Target - 30.70 (300 pips)
DOTHi Traders!
I can notify multiple divergence+61,8 Fibo level
As we can se divergence works very good on DOT
NFA
Trade safe
DOT inside triangle#DOT/BTC
⏳ Weekly
DOT is trading inside a triangle pattern.
the current double top can complete around 4415sats, so price may have more drop to support zone.
then price can bounce to upper line of triangle, if success to break it out the target will be around 13344sats.
but if price close a candle below support zone it will have more drop to 3000sats.
Dot bdw Dot looking good down here in a broadening depending wedge here
Good risk reward to accumulate down here
DOT/USD Fibonacci ForecastThe analysis I make is just an idea not an investment advice. Please manage your risk while trading and please make your investment decisions only by yourself.
POLKADOTHello Guys,
Just did a quick technical analysis on POLKADOT. I expect DOT to turn bullish soon for several reasons
DOT/USDT TIME FRAME 1DHello and Welcome to my idea about DOT / USDT .
If we take a look at chart we can see how price just test all factors for start investing.
Price just pick 61.80% on fibbonaci. In the same time RSI is in the over-sold area and that means we can buy.
In my opinion next targets will be 32,38 and after 37,38.
Enjoy and see u next time.
Enjoy discount for DOTHello traders
This week is very good opportunity for adding more for long-term investors who are interested in best blockchain projects.
POLKADOT just touched YTD AVWAP.
Buy now or Cry later situation! Just kidding
Best Regards
POLKADOT IS BLEEDING - DOT USDDOT USD chart does not look good for POLKADOT. But the RSI shows it is oversold and we are also hiding pretty strong support. I expect the price to go higher at least to $32. YOU should not go all in until we break up the bearish TL.
#DOT LONG - SNEAK PEAKDOT looks ready for some short term red candles down to $15 zone. Once we retest that zone, the countdown back to $40 should commence.
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POLKADOT - Do NOT Miss This 🔥🥵Polkadot is showing us clean price action and the buy zone is evident. We are currently in an ABC correction and anticipating the end of C wave shortly and the start of the next impulse.
We have the 0.88 fibonacci supporting our buy region as well as the double bottom.
Trade Idea:
- Watch for bullish pressure at around the $10 region
- Enter when there's a bullish Daily candle at buy zone
- Stops below $10
- Target recent highs as first target. -0.27 as second target. HODL the rest!
This trade should not be missed! Put your alerts on so you can stay up to date with DOT.
Goodluck!
