DOT Long SetupShort-term bullish Trend lines has been broken but mid of this channel and static support are still in place and do not forget about the lowest part of the channel too so the bullish power is still in charge and I see bullish moves on BTC too and with this setup, we can open a good RR trade.
E1: 45~
E2: 41.30~
TP1: 50
TP2: 53.56
TP3: 56.87
Regards Daniel
Polkadotusdt
DOT, 60, 100 or 180❓❓❓I have un-stake my DOTs and ready for TP, The end of this bull cycle is near.. December or maybe January.
PolkaDot is one of my favorite coins, I believe it has very strong fundamental back-up and it will be an important part of crypto future.
The TA is simple by combining some different Fibonacci in normal and logarithmic chart I came to this analysis, that you can see on the chart.
Don't forget to hit the like button if you like this analysis and feel free to ask me your questions or your ideas in comment section ;)
Highly anticipated Polkadot Parachains auction is bullishHello everyone,
It's been a while, i've been very busy with The OWL channel. Here is a DOTUSDT chart. Polkadot is looking good, KDJ is green on every timeframes and DOT keep creating higher high..
Resistance to watch :
0.9 at 44.58$
1.23 at 57.06$
Going over 57$ and confirming 57$ new support can trigger another swing to :
161.8% = 68.55$
175% = 72.30
200% = 79.41
261.8% = 96.99$
Last 2 weeks candle push us over the last tweezer top resistance (green dots lines).. Now not much resistance left until last ATH and the 1.23 fib.
Parachain Auction will start soon for Polkadot... first auction is slated to begin on Nov. 11.
Which you the best ! Crypto Mercy
DOT TrendPolkadot price is going through full-size resistance as it sits interior a supply region. Clearing this barrier will open the course for DOT to retest its all-time high and set a new one.
Polkadot price is presently consolidating inside the $40.06 to $48.34 supply sector.
DOT would possibly dip to the $37.50 support floor from wherein it could catalyze a 65% bull run.
A decisive close under $33.27 will invalidate the bullish thesis.
DOT TRENDIt’s natural to be hunting for appealing investments inside the altcoin market right now. Once market leader Bitcoin scales to a new ATH, alts might be waiting in the wings for a rally in their very own. Now Polkadot makes a robust argument that its anticipated leap could come sooner than most of its peers, attributable to bullish market conditions.
(DOT) POLKADOT - Cup and HandleHello everyone !
Today the Black Cat Trader is analyzing DOT based on a weekly chart.
What we can see :
- A nice Cup and Handle pattern has been printed on the weekly chart. We can see that prices recently broke the neckline at 37.80 $
- Using the pitchfork (low : 3,60 high : 49,78 Low : 10,37) we can see that prices are stuck between the median line and the intermediary lower line of the pitchfork.
What we can expect :
- The ideal scenario would be for prices to make a pullback on the neckline of the C&H pattern at approximately 36,50$ and then take off to go even higher. You can see that the expected pullback area is located exactly where the intermediary lower line of the pitchfork is.
- Using the trend-based fib extension we can mathematically expect prices to reach two targets that match with our C&H objective too (208,25$).
Take profit 1 : 85$ (1.618)
Take profit 2 : 131$ (2.618)
Take profit 3 : 177$ (3.618)
Take profit 4 : 208 $ (C&H objective)
Support 1 : Neckline of the C&H / Intermediary lower line of the PF
Support 2 : Mid-term ascending trendline
Support 3 : Lower line of the PF
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MAY THE CRYPTO BE WITH YOU GUYS (D.Y.O.R)
POLKADOT Set to See a Huge FallThe chart explains it all. DOTUSDT has it's price action ranging in daily TF hence forming a symmetrical triangle. With the double top above, it is set to FALL.
The bear have it now!
PPPDirhams.
Disclaimer: This is just my idea. Am not liable for the end results if adapted by anyone. Trade cautiously as there are chances that you will lose your investment..
BINANCE:DOTUSDT
Trading Signal For DOTUSDT Trading Signal:
There is a Trading Signal to Buy in DOTUSDT Polkadot
Traders can open their Buy Trades NOW
Rank : ⭐️
⬆️Buy now or Buy on 29.20
⭕️SL: Close below 26.25
🔵TP1 @ 38.15
🔵TP2 @ 46.25
🔵TP3 @ 60.15
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Polkadot to $50 Major resistance at $38. If we break $38 with good volume, we should retest $50 level.
Speculation - Parachains are about to launch, most likely before the EOY, and we should see a supply shock of about 18-20% which would be locked for Parachains. Also, approx 65% of the current circulating supply is staked, which makes this supply shock even more interesting. I believe this could take $DOT beyond the $100 mark, and it could happen before the EOY.
Just my opinion, not financial advice. Do your DD.
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Cheers!