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Polkadotusd

Polkadot testing old resistance?Hello! I hope you are doing well. DOT:USD(T) in September shows divergence between RSI and Higher Highs in chart. It is already in the tunnel it entered February this year and left in May. These are very strong support/resistance lines and were tested over and over again throughout these months. With Polkadot/Kusama Parachain program the price can mean both - early anticipation for adaptation as well as preparedness "for the winter" by getting prices low to collect more of its tokens. As this tunnel shows a heavy previous fight between bulls and bears, only when breaking one of two - resistance or support we will be able to anticipate the further direction. Thank you
KRAKEN:DOTUSD
by CatJules
DOT 12h For the medium term, we are ready to buy at $19Only a month has passed since the publication date of the previous idea, and the DOTUSDT price has doubled in price and met its upside target. In a previous idea, we wrote that the weaker the correction, the stronger will be the rise. If you look at the previous idea, you will see that there was almost no correction and this is the result. The buyers were able to take the DOT up to $36 and that's where yesterday's drop happened. We would like to be wrong, but it seems to us that this is not the end of the decline, and the +/- safe zone for buying DOTUSD will be somewhere around $19. Yes, we don't rule out a slight bounce of the Polkadot price up to $28-29 in the coming days, but globally we think the full growth correction is not over yet. _____________________ Do you like the idea fulfilment? Does it help you trade and make a profit? Do you want more forecasts from us? Give us motivation! (Like, comment and donate). These little things won't make us rich, but they will warm the trader's soul while writing the next idea!
by P_S_trade
44
💡Don't miss the great buy opportunity in DOTUSD @PolkadotTrading suggestion: ". There is a possibility of temporary retracement to the suggested support line (20.99). . if so, traders can set orders based on Price Action and expect to reach short-term targets." Technical analysis: . DOTUSD is in an uptrend, and the continuation of the uptrend is expected. . The price is above the 21-Day WEMA, which acts as a dynamic support. . The RSI is at 65. Take Profits: TP1= @ 24.58 TP2= @ 28.62 TP3= @ 31.31 TP4= @ 35.10 TP5= @ 42.63 SL= Break below S2 ❤️ If you find this helpful and want more FREE forecasts in TradingView . . . . . Please show your support back, . . . . . . . . Hit the 👍 LIKE button, . . . . . . . . . . Drop some feedback below in the comment! ❤️ Your support is very much 🙏 appreciated!❤️ 💎 Want us to help you become a better Forex / Crypto trader? Now, It's your turn! Be sure to leave a comment; let us know how you see this opportunity and forecast. Trade well, ❤️ ForecastCity English Support Team ❤️
Long
by ForecastCity_World
15
💡Don't miss the great buy opportunity in DOTUSD @PolkadotTrading suggestion: ". There is a possibility of temporary retracement to the suggested support line (20.99). . if so, traders can set orders based on Price Action and expect to reach short-term targets." Technical analysis: . DOTUSD is in an uptrend, and the continuation of the uptrend is expected. . The price is above the 21-Day WEMA, which acts as a dynamic support. . The RSI is at 65. Take Profits: TP1= @ 24.58 TP2= @ 28.62 TP3= @ 31.31 TP4= @ 35.10 TP5= @ 42.63 SL= Break below S2 ❤️ If you find this helpful and want more FREE forecasts in TradingView . . . . . Please show your support back, . . . . . . . . Hit the 👍 LIKE button, . . . . . . . . . . Drop some feedback below in the comment! ❤️ Your support is very much 🙏 appreciated! ❤️ 💎 Want us to help you become a better Forex / Crypto trader ? Now, It's your turn ! Be sure to leave a comment; let us know how you see this opportunity and forecast. Trade well, ❤️ ForecastCity English Support Team ❤️
Long
by ForecastCity
4
Polkadot going strong!! 12 days of white candles in a row!Morning Folks, Here is Polkadot/ Usdt. This one is going strong.. we see a strong uptrend in the daily and 4 hour chart The daily chart shows us 12 days of consecutive bullishness.. in a row!! Wow that's massive. The 4 hour chart tells us we are In constructing the 5th of the Elliot impulse waves. Count the waves + the sub waves. The question is where will it end? I see it possible to end somewhere between $25/26.- There is only 1 but!! Check the RSI. is showing some kind of divergence.. The RSI isn't making any new highs while the price is making new highs.. That's divergence and that is something to be careful for. It could mean we have reached the top and that the 5th wave of the Elliot is ended here and we are ready to decline In price. Otherwise we will make higher highs with the price and we tend to neglect the RSI.. Lesson 1 in trading ; Always go with the trend. The trend is your friend. Well that trend is definitely up!!
by MoneyMakingMuro
3
Polkadot to 100$Making it Quick, if BTC starts now his second BulllRun impulse, Altcoins will follow the King exponentially. Polkadot fell down to his Bottom 10$ and potentially could make 10X to a new ATH. This is the moment where you make the money comes in. Remember to manage your invest on the Run like you did manage your invests on the last Dip. Gains should be taken Partially and never go all in for Security. -------------------------------------------------- Trading Parts : -------------------------------------------------- - Security TP : 40$ - TP1 : 50$ ATH (April 2020) - TP2 : 75$ ( Fibo 61.8) - TP3 : 88$-100$ -------------------------------------------------- Happy Tr4Ding !
KRAKEN:DOTUSDLong
by thecryer
13
Polkadot Buy Signal from Script triggered: EMA Crossover SMAConfirmed reversal, Polkadot Buy Signal from Script triggered: EMA Crossover SMA just below the 23.60% fibonacci level, 43% gain from here to retest the 200 MA. Use buy zone to map your buys. Swing target from here is 160% gain from $18.92 to $49.75. Current Price Targets: $25, $34, $49 & Swing @ $60. Happy Trading :) See previous analysis below. Polkadot (Dot) Buy opportunity! Potential 50%+ Gain to set a New ATH of $50 at the 161.8% Fibonacci Level. Dot's price soared to a high of $42 on 20/02/21. Since setting this new ATH , it has lost some momentum, retracing down to a low of $26 on the 23/02/21 after such an impulsive move, but currently it is still trading 45% above this low 4days ago on the 23/02/21. The fundamental outlook for Dot in the long-term is great and still very much bullish , its total Market Cap is at $33.7 billion and currently ranked 6th biggest digital currency in the world after Bitcoin , Ethereum , Cardano, Binance Coin and Tether. Over the coming month we expect Dot to retest the previous ATH of $50 at the 161.8% Fibonacci extension .
BITFINEX:DOTUSDLong
by CryptocurrencyMagnet
Polkadot BEAR TRAP??Folks, Are we are about to test the trend line again? We see the support line in the momentum oscillator is about to be tested. The candle of the 1st test of the uptrend line is forming and when you look at the lower shadow of the candle that tells us that for now lower prices are rejected. The real body of the candle is at the uptrend line. I personally expect prices to be in a rest zone for now and testing support before rallying up again and try to break resistance..
by MoneyMakingMuro
1
DOT touch & go I think DOT completed the correction when it has returned to bottom of the long-term trend line at $10.5. The bounce was followed by increased volume which is indicator buyers took over control. RSI is stepping up and has moved beyond 50 level. Chart is looking good and every price that is close to support trendline (red line) is good buy (NFA). If Bitcoin stay stable and continue to rally, DOT should move up in price as well and return to ATH and beyond. On a Weekly time frame DOT closed as bullish hammer which is very positive sign. Over the weekend monthly candle will be formed which will be important indicator for future price development.
KRAKEN:DOTUSDLong
by Tilen_tradershub