Get started

DOT / Bitcoin

No trades
See on Supercharts
Overview News
Ideas
Discussions Technicals Seasonals Markets

DOTBTC trade ideas

Bullish, but waiting for entryDOT appears to have formed a symmetrical triangle with BTC. The most recent 4-hour bullish divergence would've been the ideal place to enter a long, but now that we are retesting daily moving average resistance, I'm on the sidelines until I see another obvious entry. For long-term investors, we are still at an accumulation level so if you're looking for DOT exposure, this could be a good place to start averaging in. ----------------------------------------- I'd love to hear your thoughts, ideas and feedback. Feel free to comment and I'll try and get back to you quickly. If you appreciated this analysis, consider Liking or Following. Thanks!
Long
by mercury_rising
2
PolkaDotHello, friends! You are welcome to subscribe and follow this idea, as I will disclose all my future entries and exits here, and reasoning for the trades. Of course, this is not a financial recommendation and the post is about my personal view on the most probable price trajectory on selected time frames. The post starts with the cross - DOT against BTC. I expect DOT overperforming Bitcoin, based on certain wave scenarios presented in this post. 1. Extended impulse - daily chart 2. a weekly WXY pattern, where the cross in the middle of wave .
Long
by UnknownUnicorn3382580
Another BTC / ALT Trade, DOT/BTCHave been throwing small amounts of BTC at DOT on the way down, last night topped up on the breakdown of the triangle. In addition to my actual DOT holdings which are staked. Looking to shave profit back into BTC in the 0.0007500-0.0008800 region. Again, just using small amounts as I did with my last matic/btc trade which went beautifully. Using the parallel channel here to indicate buying trend with a DCA philosophy which is less stressful than one or two large buys at once. Buy 0.0006100 > Sell 0.0008800 or better, will most likely just stake everything and then send some distributions back to exchange to build a selling stack from staking rewards, which makes this a relatively long-term trade. Small amounts, so not getting rich just increasing my stack of both assets as with matic/btc.
Long
by JJMa
What to expect from $DOTHello and welcome to this quick market analysis Make sure to hit the like button in the end if you agree with my insight With the current structure on USD pair, it is safe to say that the bottom for Polkadot is in at $37, and now if you look at the BTC pair you can see that we broke below the triangle BUT I forecast that this break was a bull trap. In the near future I would like to see DOTBTC to trade inside this triangle once again and aim for the horizontal resistance, locating at 7800 satoshis. The bullish divergence on RSI, indicates that the bearish momentum is near to an end. If you check the USDT.D you can see for yourself that market is gaining momentum again, so I don’t want to miss any chances to catch the impulse moves on such coins and tokens like $DOT. My target for DOTUSD will remain at $60 and with current fundamentals on this space I think we will get there in near future.( late November) ANY WEEKLY CLOSE BELOW $37 WILL INVALIDATE MY FORECAST Stay safe, Stay profitable and don’t forget to hit the like button ;)
Long
by CryptoSep
2