Polkadot Update 2 Important LevelsPOLKADOT Important Levels.
Note : Its a personal idea and NOT enough for trading.
Polkadotusdt
DOT/USDT - Potential 138% investment setupHello Traders!
During August-September, the ecosystem trend is actively unfolding in the market.
DOT (Polkadot) is one of the leading networks with a large number of projects and developers. Buying such an asset as an investment is the least risky.
It is reasonable to take advantage of the correction and buy the asset at a discount.
The first part of the position can be bought in the $22.00 - $25.00 range.
The second part is in the range of $16.50-$19.00.
Stop loss at $14.00
Target price levels would be
$34,40
$40,00
$45,50
Good luck and watch out for the market
P.S. This is an educational analysis that shall not be considered financial advice
DOT Buy Potential ContinuesA falling wedge and a current rising megaphone
I expect .786 fib level to hold and a breakout above the megaphone will occur
0.5 showed great support
Polkadot Update 1Dot Trend and the most probable resistances are shown as above.
Note : this is only a personal idea.
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
$DOTUSD - Hang in thereHello everyone!
The cryptomarket corrected today after the release of economic data from the US, the US Dollar index almost hit 93, hence gained some weight over all assets traded against it.
There are various patterns on other altcoins, some like AUDIO even gained more than it lost today but we'd like focus on Polkadot.
So far it's above the dynamic support, and if keeps above it, will jump to 36 and 37.4.
However closing below this line might get the price to 32.
DOT/USDTHi guys
Polkadat has created an uptrend and by correcting its previous wave based on Fibonacci lines, if the uptrend continues, we can see growth.
Many thanks to the tradingView support team
Polkadot is also extremely bullish at daily timeframesPolkadot is still bullish
For Polkadot, a cup and handle pattern is formed in a daily time frame, which after breaking the resistance line of this pattern, moves towards higher resistances, and the final goal of this pattern is the price of $ 47.
DOT TrendPolkadot making an ascending triangle atm. I think dot will be rejected one more time. If it breaks through, we can take a profit.
DOTGiven the ascending form of the Ichimoku cloud as well as the average price in the indicators, I expect the resistance to break.
In case of market pullback, you can buy in yellow areas.
The first and second goals are fully available in the short term.
Good luck
PolkadotPolkadot its a good coin to buy and hold it for long term .Also its a fantastic coin for your trade.
POLKADOT ROCKET LAUNCHEDLet's go even higher. This insane ride will continue with a good amount of buyers VOLUME. So check it. Target zone is really strong so it is better reduce your long positions around that level.
$DOTUSDT - Bullish flag breakoutHello everyone!
There is a breakout confirmation on DOTUSDT, there is a possible Inverted head and shoulders formation as well, hence expecting a jump towards 27, 27.5, 28.8 and 29.5
Wait for a breakout from 2.260
Short at 25 due to Descending TriangleShort Polkadot at 25 due to descending triangle (Bearish pattern)
Stop loss: A daily close above 26.
Target 21.
Risk / Reward: 4:1
ETH and DOT evolving the sameA comparison between ETHUSD and DOTUSD
Massive upside will be seen for DOT if it plays out the way ETH did
Lets see how this develops further
Polkadot BREAKOUT!Folks,
Polkadot has broken out of a rising trend channel..
Polkadot has a lot of strength and is a very good project..
Price will test $26.- and if it doesn't hold we will fall back the half of the white candle.. around $25.5.- before moving higher.
💡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
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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 $25/26.-
There is only 1 but!!
Check the RSI. is showing some kind of divergence..
The RSI isn't making any new highs while the price is making new highs.. That's divergence and that is something to be careful for.
It could mean we have reached the top and that the 5th wave of the Elliot is ended here and we are ready to decline In price.
Otherwise we will make higher highs with the price and we tend to neglect the RSI..
Lesson 1 in trading ; Always go with the trend. The trend is your friend. Well that trend is definitely up!!
Polkadot to 100$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.
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Trading Parts :
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- Security TP : 40$
- TP1 : 50$ ATH (April 2020)
- TP2 : 75$ ( Fibo 61.8)
- TP3 : 88$-100$
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Happy Tr4Ding !
LOOKING TO SHORT DOT UNTIL PROVEN OTHERWISEUntil price is able of closing back above grey, I see no market structure break in HTF, just a retest of previous supports, so this is still bearish for me. Until proven otherwise I will look for short plays.
Red X is the invalidation point.
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..
Polkadot Dot/usdt short analysisMarket has been rising for 11/12 days without taking a break,so it is likely a small pullback before rising again.The direction of the MACD line is to cross below the signal line,indicating a bearish signal.It is possible to set a short entry at the resistance area with a stop loss above it.Target price 1 is between EMA20 and the middle of the bollinger bands.Target area 2 between EMA50 and EMA100
Polkadot Lets Go To The Moon AgainBTCD was down and BTC price was up this situation indicated the altcoin will next to the bull run
and you know DOT have an Event in Agust
