Polkadot don't give up-Do you remember last dip (May-July) ? i posted analysis and found the perfect bottom at 10$. ( i will post it in comments )
- So this time imho it's not the same because alts are almost bottomed already.
- This graph is a bit messy but you can see clearly demands zones.
- The difficulty is not to find where we go but when we go.
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Trading Plan
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Buy : 24$-25$ ish
Rebuy : 20$ ish
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Tp are unchanged from my last analysis
TP1 : 75$ ish (161.8%)
TP2 : 100$ ish (216.8%)
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Believe in Polkadot because to be a part of Parachain, Projects have to buy more DOT, Polkadot is poised to go up with time.
if you didn't take the train in July. You get another opportunity right now.
As always follow TheKing movements for safety!
Happy Tr4Ding !
Polkadotusdt
CLV|USD: BIG GAINS AHEAD!?Clover supports the Polkadot ecosystem and helps Ethereum developers to participate easier. Technically, the daily RSI is very low which signals a possible bounce. We are also at the parallel channel support level. I think that there is a potential for more than 200% gain over the next few months. Any thoughts? Thx.
DOT/USDT Analyse
DOT/USDT chart shows that 4h retest is successfull and next resistance is around $23.
If a long green candle breakts $23 fast, we might see #DT over $27 and next targets will be as given below.
As all cryptos , DOT is being effected by BTC moves too .So if BTC breaks $40k in next days, we might see DOT rsing faster than BTC
Resistance levels are around $23, $27 and $31
Good luck
POLKADOT(DOTUSDT) SHORT TO $8-$9 POLKADOT(DOTUSDT) is going through an A-B-C correction. The correction looks like a Zig-zag correction which is a 5-3-5 wave design
Wave A - Went from $49 to $10.6
Wave B - Went from $10.6 to $55
Wave C - it's a 5 wave series and I think it will end up at $8-$9 zone before reversal
POLKADOT(DOTUSDT) going to retrace to 88.6% or 94.1% correction TO $8-$9 . We are presently at 78.6% FIB retracement, so the next best points are 88.6% and 94.1% and they are derived by the following formulae:
88.6% price level is derived by squaring (or multiplying by itself) from the Golden Ratio, 0.618:
0.618 x 0.618 = 0.786 (78.6%)
0.786 x 0.786 = 0.886 (88.6%)
0.886 x 0.886 = 0.941 (94.1%)
88.6% retracement price is $9.3
94.1% retracement price is $6.7
I believe POLKADOT(DOTUSDT) will still be shorted and may find the reversal between 88.6% and 94.1% zone because that's also a junction point where retracement of the whole five-wave series and the extension of the A-B-C meet
Please like and comment for feedback
DOTUSDTHello Crypto Lovers,
Mars Signals team wishes you high profits.
We are in the daily time frame. The price shows signs of being supported by the S1 line. If this happens, then the first target would be the R1 line and then the R2 line. It is also possible for the price to be rejected from the R1 line and fall back down to the S1 line. If S1 is also lost, then the price would fall further.
Warning: This is just a suggestion and we do not guarantee profits. We advise you to analyze the chart before opening any positions.
Wish you luck
Still a long way downBe wary of anyone suggesting there will be any type of significant reversal in the short term. DOT has a lot of way down, before a significant shift back up.
The daily RSI still shows plenty of room to sell and if we mark the weekly averages (pre crypto boom) it would suggest a price between $7 to $8 per coin on DOT.
Without any significant changes, this project will need to continue its downward trend until it humbles itself with where it organically should have grown.
It's time to understand the market is beginning to become wise to having been overvalued.
POLKADOT and an IMPORTANT DECISION before END OF JANUARY 2022!ALL traders and hodlers of Polkadot wait to see what will happen before commencing February 2022 reaching the price to the new resistance of 28 and attacking to the other levels by taking more volumes during February.
let's see and stay tuned with me during the next month to see the power of paracchains' mother, the majesty of Polkadot and web3!
:)
Polkadots last correctionAs we all know, bitcoin is having a correction. this often brings alts, just like polkadot, with it.
On the chart you can clearly see where i think polkadot might be headed in this last corrective pulse.
This is an orderblock where price may come down to for large institutions to be mitigated.
This would create a huge double bottom (retail) pattern with a target of around 42$.
POLKADOT will be a game-changer in 2022The resistance levels are 38.5usd and 45 USD if it can pass the imperative level of 32 USD. Then, it will go on this rising flag to other levels of more than 60 USD.
Polkadot is the leader of all web 3 coins and tokens and for this year, 2022 will be a game-changer and follows the way of Solana soon.
DOT/USDT - Potential 89% SetupHello Traders!
The upward movement of DOT has corrected to the Fibonacci level of 0.618, as a result, the price stands in the buyers zone of interest of $25.00 - $28.50.
This opens up a good potential for a medium-term trade with a good risk/profit ratio.
We can look for buy entry in the range of $26.00 - $30.00
The position should be closed by the stop-loss if the price goes under the mark of $21.75.
The profit taking targets will be price levels of
$39,00
$45,50
$54,00
Good luck and watch out for the market
P.S. This is an educational analysis that shall not be considered financial advice
Polkadot Future is BrightFast update.
- Let me be clear on Polkadot, we didn't break any up trend while BTC was dipping.
- As you can see on the Graph DOT bounced on his trend (White Line) ( Actually EMA100 / 1D TF).
- Acala Network Won first Parachain.
- Second Parachain Round just started.
- Don't forget that Polkadot huge ecosystem, not same as Solana (Smaller), it will take more time but the long term finality could be impressive.
- Unless TheKing not fails Polkadot won't dip more, like most of all altcoins.
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Trade Plan Unchanged
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TP1 : 75$ ish
TP2 : 100$ ish
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i will add in comments olders analysis.
Stay S4fe and follow the King!
Happy Tr4Ding !
DOTUSD Analysis Using Cloud IndicatorUsing the cloud indicator we can see that prior point of being in the orange area price went lift off!
Assuming we are in a bullish state, (as price was then), the orange area is a good candidate point for price to continue upwards
This theory is also supported by the 200 day MA, which price is currently hanging onto right now.
Entry into DOTUSD now is a great decision if you are a believer in the project
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.