Get started

Polkadotusd

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 $6, we will see a sharp climb within the previous channel. Channel within a channel We've developed a secondary channel that is much more narrow as indicated by the cyan line. IF we have the momentum to break out of this channel, we can analyze our Fib graphs to see possible sell points. Don't let the bears win As we saw the fall off and sudden knee-jerk sell off, it is not supported by the 1D and 4H charts. The orange dotted bottom trend line has been on my chart for a few days now and has not been altered. I think it's important not to adjust it so we can keep track of the grumpy bears and wait for the bull traders to boost us back up to a positive rate of climb (gear up!). Upward Momentum The upward momentum is still existent in BTC, so as long as the market cap keeps growing, we can expect the market price to continue as well. Stagnation and bear traps mean that a sharp rise can occur at any time to correct in positive direction as well. Bummer Bear's Bottom Breakout Boo-hoo If the bears win tonight and stagnate the price action outside of the channel, then everything is null and void. We will reform in a parallel channel. There is no indication or reason for price action to be stuck where its at other than manipulation or bad sentiment. Good luck and much prosperity!
KRAKEN:DOTUSDLong
by popopig
Polkadot on his way backit's always very difficult to analyse new coins because more we can back in the past, more it's easy to find supports and resistances. Dot is still performing a good come back as you can see by his multiple bounces on a forming uptrend Line. Like always the King is controling those coins by his dominance so you always have to check BTC before entering a trade and exit fast if a dip happens. Simple Targets : - TP1 4.80$ (38.2% retrace) - TP2 5.50$ (61.8% retrace) - Strongest Resistance Stop Loss : 3.90$ Happy Tr4Ding !
KRAKEN:DOTUSDLong
by thecryer
2
Crypto Polkadot DOT/USD View on Polkadot DOT/USD (19 Oct 2020) This is one of the promising coin/crypto in the Cryptosphere. I expect it shall resume it's Bullish trend soon. As long as $3.5 region is support well, it will break its down trend line and breaks up soon to $4.5 to $5.3 region. DYODD, all the best and read the disclaimer too. Feel Free to "Follow", press "LIKE" "Comment". Thank You! Legal Risk Disclosure: Trading foreign exchange or CFD on margin carries a high level of risk, and may not be suitable for all investors. The high degree of leverage can work against you as well as for you. Before deciding to trade foreign exchange you should carefully consider your investment objectives, level of experience and risk appetite. The possibility exists that you could sustain a loss of some or all of your initial investment and therefore you should not invest money that you cannot afford to lose. You should be aware of all the risks associated with foreign exchange trading, and seek advice from an independent financial advisor. DISCLAIMER: Any opinions, news, research, analyses, prices or other information discussed in this presentation or linked to from this presentation are provided as general market commentary and do not constitute investment advice. Sonicr Mastery Team does not accept liability for any loss or damage, including without limitation to, any loss of profit, which may arise directly or indirectly from use of or reliance on such information.
Long
by SonicDeejay
4
Polkadot a bullish setupHey friends hope you are well and welcome the new update on Polkadot (DOT). On daily chart the price action of DOT is moving in a down channel and making a powerful attempt for the breakout the resistance of this channel. On the small time period 4-hour chart the price action has broken out all simple moving averages with the time period of 25, 50 and 100. Now I would like to draw your attentions towards a powerful bullish move of the Polkadot coin that it has formed bullish Gartley pattern in US dollar market and the Bitcoin markets as well. The patterns and targets are as below: Polkadot with US Dollar pair Gartley move: The priceline of Polkadot (DOT) with USDT pair has formed bullish Gartley on the 2 day chart. The targets as per Fibonacci sequence of Gartley are: Potential reversal or buying zone: $3.85 to $3.03 (this is stop loss as well) Fibonacci projection or sell zone: $4.49 to $6.04 Polkadot with Bitcoin pair Gartley move: The priceline of Polkadot (DOT) with Bitcoin pair has formed bullish Gartley same as like with US Dollar pair on the 2 day chart. The targets as per Fibonacci sequence of Gartley are: Potential reversal or buying zone: 0.00037629 to 0.00031935 btc Fibonacci projection or sell zone: 0.00042099 to 0.00052901 btc Conclusion: The price action of Polkadot is showing very positive gesture as it has broken out all SMAs with time period of 25, 50 and 100 on 4-hour chart and likely to breakout the resistance of the channel soon. However, we should use the potential reversal zone as stop loss because if this PRZ level will be broken down then the price action of DOT may move more down for the completion of Butterfly move.
Long
by moon333
1