DOT on correction railAfter a long bull run, Dot needs to get some rest and refuel. 12-15 will be a good area for the end of correction.
Polkadotusdt
Dot usdt polkadot longHere is polkadot long setup. Since MARKET is Choppy use little margin. If a positive scenario it could go upto 32.
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.
DOTUSDTAs you can see there is a CUP & Handle pattern is under formation. Plus Price has just popped up from downward parellel channel.
If C&H pattern complete formation and break it from the neckline. Next possible target could be around $42.
Note: DYOR
Polkadot breakoutThis is my idea about DOT (short term)
- Downward trend broke then a pullback
- Hidden divergence on daily chart
-After each resistance breakout there will be higher target
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
$54,00
Good luck and watch out for the market
P.S. This is an educational analysis that shall not be considered financial advice
Dot Extremely Bullsih!Despite the Recent Downtrend, Polkadot is finally bullish again. It has recently seen a trend breakthrough. I am going to be leveraging this trade, and my tp levels are at each resistance level. With a macd cross and stoch cross, momentum is in our favor on this trade.
Polkadot Future is BrightFast update.
- Let me be clear on Polkadot, we didn't break any up trend while BTC was dipping.
- As you can see on the Graph DOT bounced on his trend (White Line) ( Actually EMA100 / 1D TF).
- Acala Network Won first Parachain.
- Second Parachain Round just started.
- Don't forget that Polkadot huge ecosystem, not same as Solana (Smaller), it will take more time but the long term finality could be impressive.
- Unless TheKing not fails Polkadot won't dip more, like most of all altcoins.
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Trade Plan Unchanged
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TP1 : 75$ 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.
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 $32. YOU should not go all in until we break up the bearish TL.
DOT - in these cases may be a good opportunity to buy!!!In a previous idea, we recommended buying DOT after a breakdown of the trend line. But the breakdown did not happen, the price corrected even more. In doing so, the price corrected 55% from its local high and there were huge liquidations.
It's worth noting that there was a huge volume at the bottom on each fall. This is a good signal.
In case of a false breakout of the 22$ level or a breakout of the trendline, there could be a good buying opportunity
Write in the comments all your questions and instruments analysis of which you want to see.
Friends, push the like button, write a comment, and share with your mates - that would be the best THANK YOU.
P.S. I personally will open entry if the price will show it according to my strategy.
Always make your analysis before a trade.
PolkadotHello
everyone look at this chart
we near important support line at weekly time
I suggest you buy Dot and holding for 70
Polkadot in the triangleQuick Update.
it's really important to understand this moves and to see where are the zones of potential breakout.
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- The next TP for DOT should be around 35$ (61.8 Fibo + Older Demand Zone) before attempting to come back to ATH.
- in a bad case if DOT not break this triangle the rebuy Zones are composed in 3 parts :
- 21.5$ ( Supported by 3X EMAs Golden Cross )
- 18.5$ ( Supported by EMA300 )
- 10$ ( Bottom again )
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- i won't tell you where to buy but some Zones are not worthy to give a try ( When too close from the Triangle Exit).
- Wait for a strong breakout or wait for a dip.
- Manage your invest and buy wisely, don't go all in on the first buy.
- Follow TheKing and his Dominance because only this influence strongly Polkadot trend.
Happy Tr4Ding
What are you doing DOT!!!!!If 32 support can stop the price to go down, it can raise until 42.
If can't!! then the price can go down to the next support 25-27.
POLKADOT LONGS ✅✅✅Expecting the price to make another leg to the upside way above buy side liquidity (BSL) printing probably new ATH's. We are in a bullish market structure, price just made a retracement move back into bullish orderblock h4 + imbalance fill near 35.00 which is a psychological barrier for this cryptocurrency.
Always use stops and control the risk !
MATIC USDT Proposal to launch Uniswap on Polygon .
Uniswap governance forum saw a proposal to deploy the Automated Market Maker (AMM) on Polygon to reduce the gas fees considerably. With the popularity of Ethereum in the 2021 bull rally and the entry of new investors, the gas fees have skyrocketed. These ‘push and pull’ mechanics have been around for as long as one can remember.
Either 1rst scenario or the 2nd .
Polkadot Schemei never been a moon boy but i like to predict hope.
Everything is always depending on theKing but if we get a new bullish impulse before next year, DOT could follow his master this way.
Remember to manage your invests, Don't go all in, follow BTC movements, keep money to rebuy in case of fail.
The Key is yourself.
This chart is still conservative in the numbers to reach.
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Trading Parts
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TP1 = 75$ ish
TP2 = 100$ ish
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Happy Trading
Polkadot - DOTUSDT Will Hit 55$The price is sitting on the trendline currently and has a very have probability of bouncing OFF to 55 in a couple of days.
Do you have a different opinion about DPTUSDT? please comment below
LIKE idea and follow me please
DOT/USDT 1 or 2?The price is located on a strong support area , which if broken, will meet the next support in area 26/ 28. I think that only if it does not happen, will we be able to reach a new ATH in the short term. What do you think? 1 or 2?
