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Polkadotusdt

💡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 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
POLKADOT WAIT !!!!!!! Hi Folks, Wow as Technical Analysis can be really fascinating and it really is. We have it here. You know the saying; follow your gut? Well are you ready to check it... Polkadot as much as I have trust in this asset and protocol we have to look to the Technicals to see what it is saying to us.. So let's start; Trend? Uptrend we have. We are battling resistance line now at the moment of writing. Candlestick is forming a nice white candle but it hasn't closed yet. Check te Downtrend line from Mid May till now. We are reaching a point, that is crucial, to try to break this downtrend line. But What I would love to see is when a asset reaches a crucial point like this on, it comes with momentum and a lot of volume. But unfortunately I don't see it. Be Aware. Then the RSI can't break through a resistance line neither same as with momentum.. But the positive side is at the 4 hour chart we see the crossing of the 50 day ma with the 200 day ma. That is named a Golden Cross. But we see the Elliot Wave Theory. Is it already the 5th wave? Place this in context with the trend line and the resistance lines... What do you conclude? My advice stick to the chart closely and watch how it unfolds and be ready to take action immediately..
by MoneyMakingMuro
6
POLKADOT ECOSYSTEM WHAT'S WRONG?Goooooooooodmorning Folks, As I am a believer in the Polkadot ecosystem and I have positions in this beautiful asset I will give my opinion here on the USDT chart. What I see on the Daily chart for the price coming closer to resistance is not how you would like to see the price action fighting resistance.. Small real bodies with wicks on both sides not with a lot of volume.. As yet prices rise that is positive but yet we have to be aware.. So I always look closer in to the 4 hour chart. Because I have the personal feeling of this chart giving me more information about short term/longer term trends. i.e of hours among day... What I see on the 4 hour chart is the uptrend line being test several times.. and it holds the test. also with determination in the sense of this long lower shadows imply for rejecting of lower prices. That is positive. We clearly making us self ready to fight resistance level again. It has failed to penetrate it 2 times earlier. If we break resistance next price level will be around $16.50.- to test that level. If we don't break resistance there is a likelihood for prices to fall back to $14/$13.5.- If that doesn't hold we fall back even lower to price level around $13.- But be positive because the overall trend last days is up and you know the trend is your friend LOL.
Long
by MoneyMakingMuro
4
Time to step in.. Polkadot/USDTHi Folks, I always say when you take a position in a trade and you know why you took that position than it is a good trade. Even if it works out the other way. That is always a probability.. On the daily chart Polkadot/USDT is very bullish.... The Bullish Engulfing pattern has been confirmed strongly in a low price area.. The RSI is around 40/42.. and the price is moving on the downside of the Bollinger Bands. These 3 indicators and price action confirms it is time to get in at the trade as I did at $13.18.- Target price is at $17.00.-/$17.50.- 1st support is at the half of the Engulfing pattern (Steve Nison Techniques) 2nd support at the low of the Engulfing pattern 3rd support also critical support is at the end of the shadow of the black candle Happy trade.. and remember even if the technicals are all pointing your way it still can go the other way. That's trading..
Long
by MoneyMakingMuro
Polkadot Macro AnalysisDOT is currently ending a zigzag correction (5-3-5), I think we are about to finish wave C of a larger ABC correction. It might consolidate around the 10$ to 15$ levels for a while before making a decisive impulse to the upside. When DOT breaks the steeper red downtrend line it might signal that the correction is over and it will mark the beginning of the new accumulation zone that will start a larger trend reversal. I'm expecting a new all time high of between 80$ to 130$ in a 6 to 10 month timeframe. Not financial advice.
KRAKEN:DOTUSD
by Stricken
POLKADOT Massively Undervalued vs ETHAfter the big surge in DOT since early 2021, DOT moved all the way down to test the absolute bottom vs ETH since its launch. Expecting this lower range to be the bottom and a trend reversal in the coming weeks. There's bullish divergence in the RSI and MACD. Parachain auctions will be launching for DOT in the coming weeks, this will also highly increase the demand for the coin. This is not financial advise, it's just to keep track of my own trading.
Long
by Stricken
1
DOT, Polkadot - I'll open a position ONLY after this scenario⚡️Big chance to continue down. But, I think, the better pattern for it - squeezing near to 14.975. And only after that breakout. If we do it without it, I'll not trade this breakout. Write in the comments all your questions and instrument 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
by Yuriy_Bishko
7