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Polkadotusd

$DOT (POLKADOT) STILL CORRECTING. SHORT SETUPHello traders & investors. We have neutral ground play on this 2H chart. RSI is between 60 - 40 corrective and chopy price action while we are inside of it. We should see a relatively rapid sell - off in next day or two. I'm short from $10.18. Will flip to long term longs at $8.33. Also adding to spot there. Once we lose that $9.7 level - longs will get rekt pretty quickly. Will post simmilar Idea that I see on other alt soon! Enjoy the ride, let's make money. This is not a financial advice!
Short
by Patrikas10
DOT 12h Once again up or enough?)Honestly, the rapid growth of DOTUSDT surprised even us) It took less than a week for the previous idea to work out for all targets and make +60%. And now an interesting situation emerges, because the aggression of purchases does not fade , you can look for the purpose of fixing longs above. If you are the lucky one who still holds the DOT long, then the top target for fixing the DOTUSD long is $12.20-12.50 . But don't forget to keep a short stop, don't give your profit to the market. If you want to move in long +/- with the current price, then you have to calculate your risk on the trade and stop on the deposit so that it was a little below $8.6. It is with this mark that someone is now actively buying DOT, leaving big shadows on the chart. Fixing the price below this mark will mean that DOT is sold out and no one will drive the price up. Accordingly, we will have nothing to do in the DOTUSDT long and wait in the drawdowns. _______________________________ Since 2016 , we have been analyzing and trading the cryptocurrency market. We transform our knowledge, trading moods and experience into ideas. Each "like under the idea" boosts the level of our happiness by 0.05% . If we help you to be calmer and richer - help us to be happier :)
by P_S_trade
12
Polkadot 10$i made some analyses on DOT few times ago and it's one of my favorite coin. i don't trade it and i just stack a bag from his start. it's just a matter of time for this project to reach 10$ and start to be in the first lights of the scene, Dot is more than a coin, it's an ecosystem able to annihilate Ethereum. i am no a financial advisor but if you need to hodl and bet on only one single project, it should be Polkadot. if u trade it here u have 2 scenarios : 1. fast scenario - will retrace a bit and go break ATH soon and move to 10$ fast 2. medium scenario - will retrace 1 more time and back to break ATH to 10$ in any of those cases it will reach 10$ and maybe more fast than i think. Happy Tr4Ding !
KRAKEN:DOTUSDLong
by thecryer
9
DOTUSDT completed Gartley | Upto 32.4% move expectedOn daily chart, the price action of Polkadot (DOT) has completed the final leg of Gartley pattern and entered in potential reversal zone. Buying And Sell Targets: The buying and sell targets according to harmonic Gartley pattern should be: Potential reversal or buying zone: $ 4.70 to $ 4.32 Fibonacci projection or sell zone: $ 4.99 to $ 5.72 Stop Loss: The potential reversal zone area that is up to $ 4.32 can be used as stop loss in case of complete candlestick closes below this level. Possible profit and loss ratio: As per above targets this trade has a profit possibility of 32.4% and as per the above-mentioned stop loss, the loss possibility is 8.1%. Note: Above idea is for educational purpose only.
Long
by moon333
1
DOT bullish casePlease feel free to share your view on this pair down below in the comment section. I'm more than happy to be challenged and have an interaction on this idea. Also make sure to leave a like as it helps me out a lot! ------------------------------------------------------------------------------------------ Polkadot trading above 50MA & 200 MA, which is a bullish sign. The golden pocket has acted as resistance and price came back down to around the $5 level. I'll be looking to take an entry just above $5, with a tight stop loss around $4.88 (.272 FIB level). Targets will be: - Golden pocket @ $5.5 - $5.8 zone How do you feel about Polkadot?
Long
by Coinathlon
1
DOTUSD, BTC movement shows confidence for DOT despite bearsIt has been an interesting 48 hours as DOT has bounced off a hard $6 sell cap. Once those orders were filled, it crept to a few cents above $6, but did not take off. I think this may have been due to several reasons, but I think there were a few causal factors. 1) XRP is stealing the limelight with an outstanding curve 2) BTC (KRACKEN:XBTUSD) had shown little interest in continuing the climb 3) DOT is an immature coin with a highly speculative future The fomo is hitting hard right now and we are seeing exaggerated bear traps across the board. I do not think those are a factor, YET. But we still need to be cognizant of the possibility of crowd mentality. Trading is some parts about math and most parts about psychology. So, looking forward to the next 6 hours, I think there is a good case for DOTUSD to climb past the previous high and clear the $6 mark. If we have enough momentum to continue past $6, we will see a sharp climb within the previous channel. Channel within a channel We've developed a secondary channel that is much more narrow as indicated by the cyan line. IF we have the momentum to break out of this channel, we can analyze our Fib graphs to see possible sell points. Don't let the bears win As we saw the fall off and sudden knee-jerk sell off, it is not supported by the 1D and 4H charts. The orange dotted bottom trend line has been on my chart for a few days now and has not been altered. I think it's important not to adjust it so we can keep track of the grumpy bears and wait for the bull traders to boost us back up to a positive rate of climb (gear up!). Upward Momentum The upward momentum is still existent in BTC, so as long as the market cap keeps growing, we can expect the market price to continue as well. Stagnation and bear traps mean that a sharp rise can occur at any time to correct in positive direction as well. Bummer Bear's Bottom Breakout Boo-hoo If the bears win tonight and stagnate the price action outside of the channel, then everything is null and void. We will reform in a parallel channel. There is no indication or reason for price action to be stuck where its at other than manipulation or bad sentiment. Good luck and much prosperity!
KRAKEN:DOTUSDLong
by popopig