DOT polkadot on weekly after the bear my marking priceLet See the polkadot move..
the marking price for now
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Polkadot Price (DOT)
$14.50
4.51%
0.0003642 BTC0.41%
0.006278 ETH2.15%
DOTBTC trade ideas
Polkadot, what next?Chart Overview
* 3 Day Dot/Btc Daily
* Gann Box
* Fibbonaci Circles (0.618 to 0.786)
* Red Shaded Rectangle (Potential Resistance formed by VPVR)
* Green Shaded Rectangle (Potential Support formed by VPVR)
* Diagonal Cross/45 degree line (Blue)
* Vertical Cross (Green)
Analysis
DOT is sitting within the Fibbonaci Circle and the two price/time Gann lines, the line below the price that forms the diagonal cross represents the 45 degree line which is considered an ideal balance of price and time and could form a strong support heading upwards. The line above could act as resistance keeping the price within a megaphone pattern. The green cross can act as pivotal price points which can push the price up or down.
Conclusion
Dot has seen a massive correction, more so than many other coins, even if it were to break down below the diagonal cross or 45 degree line, strong support is awaiting making the bearish argument hard to make. The bullish argument is strong, we are close to lots of support (the 45 degree line, the 0.786 circle, the green rectangle) and resistance is far ahead at 0.0006.
Targets
* Less Likely: Bearish = 0.00032
* More Likely: Bullish = 0.0006
What do you guys think, bullish or bearish?
*Disclaimer: Not professional advice.
Possible Breakout for DOTBuy the breakout retest of the strong resistant.
Bullish Divergence on 1Hr timeframe.
In case of Breakout from the line we would see breakout of USDT price as well which gives us more strength.
DOTBTC is testing the weekly support 🦐DOTBTC is testing the weekly support after a retest of the Fibonacci level. IF the price will lose the current support, we can see another bearish impulse until the next weekly support. If the price will have a breakout upward, we can see a recovery until the next weekly resistance.
In that case, the best choice is to wait for the clear move
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Follow the Shrimp 🦐
Keep in mind.
🟣 Purple structure -> Monthly structure.
🔴 Red structure -> Weekly structure.
🔵 Blue structure -> Daily structure.
🟡 Yellow structure -> 4h structure.
⚫️ Black structure -> <4h structure.
Here is the Plancton0618 technical analysis, please comment below if you have any question.
The ENTRY in the market will be taken only if the condition of the Plancton0618 strategy will trigger.
DOT could 1x BTC if BTC goes upDOTBTC with a lot of potencial, keep your eyes on it if BTC breaks 34k.
DOTBTC is testing the weekly support 🦐DOTBTC is testing the weekly support after the price bounced on 0.5 Fibonacci level.
IF the price will hold that level and have a breakout from weekly resistance, According to Plancton's strategy (check our Academy), we can set a nice order
–––––
Follow the Shrimp 🦐
Keep in mind.
🟣 Purple structure -> Monthly structure.
🔴 Red structure -> Weekly structure.
🔵 Blue structure -> Daily structure.
🟡 Yellow structure -> 4h structure.
⚫️ Black structure -> <4h structure.
Here is the Plancton0618 technical analysis, please comment below if you have any question.
The ENTRY in the market will be taken only if the condition of the Plancton0618 strategy will trigger.
PolkaDot AnalysisBoth DOTBTC and DOTUSD are showing signs of a descending broadening wedge
This wedge tends to break up to the upside
This bullish assumption is further emphasized by the possible rounded top on the USD pair, which loves to break upwards once completed
I have thought about longing PolkaDot, but it always goes straight to Ethereum :*(
Not a bad pick though!
How low could DOTBTC go??Lost the S1 as support and currently floating in the golden pocket taken from ATL to ATH
Next major confluence is the S2 as support with the .786 also matching with a general volume support line (white)
DOT BTC uptrend Take profitsTrying to increase Sats using dot
TP on the targets and rebuy the .618 pullback
Rinse and repeat
Dot reaching a critical supportWe can open a buy position here and place the stop loss below the trend line.
#lowrisk
DOT/BTC TAThis is all just speculation and not financial advice, of course. Trading between the red and green zones.
Another possible pattern for DOTLooks like a possible cup and handle pattern forming on the 8hr chart. You can buy at the bottom of the handle but I would wait for the test of the neckline.
2 scenarios for DOT One is that DOT can come down to form a double bottom before heading up to test the neckline.
Two is DOT will go up and break the neckline then come back to test it as support before heading up.
I have two areas I am using as buy zones circled one is for scenario 1, the other is for scenario 2.
DOTBTC : POLKADOT POSITION TRADEPolkadot: Networking For Blockchains
The Polkadot blockchain aims to provide interoperability and security to other blockchains, helping to solve issues like scalability.
In a multi-blockchain world, interoperability could be a potentially valuable function. If a small number of blockchains becomes dominant this value proposition will be significantly weakened though.
Polkadot is currently the leading interoperability blockchain, but its value is uncertain and dependent on how the blockchain ecosystem evolves in the future.
SOURCE: Richard Durant, Polkadot: Networking For Blockchains, Mar. 08, 2021 11:38 PM ET, SeekingAlpha
seekingalpha.com
Polkadot: Can DOT 10x in 2021?? DEEP DIVE!! (Video)
SOURCE : COIN BUREAU, Jan 12, 2021, YouTube
www.youtube.com
DOT BTC pair looks ready to ripDOT BTC pair looks ready to rip
much fear rigth now but - I see opportunity.
dot:bullbullish on $dot after luanch parachain in 2021
but in 2way
they also the same price but their difrence is the time they will catch price
Can DOT recover ???
Hello everyone ! BTC seems to take its domination back from alts. After the beginning of the year money started to flow alt coins. However, that rising trend broken, in the chart white line. If BTC rise again, alt can recover a bit but selling pressure can come, for DOT it is blue resistance line on the chart. Very important support is yellow line then orange one takes place. Have a nice one !
DOTBTC trading analysis After creating the m formation, let’s expect a pullback to complete the structure
Trading analysis for dot/btc Dot/btc pair obviously created the m formation, and you know what happens after the m formation, the extended leg moves to complete the formation.
Short long trade for an hour while the gyrations in the market Short long trade for an hour while the gyrations in the market
We will go up and then bounce off the .786 we already touched the .618
PolkaDOT DOTBTC bidding zone PolkaDot bikini is one of the Alts that’s fundamentally very strong and is anticipated to make a big jump… yet has been hibernating for so long in a consolidation stage. If I’m to bid for this pair, I’d do so at the blue line around the 100D EMA.
Do you agree with my entry target? Feel free to share yours.
DOTBTC Long - 65% + Targets - New ATH Soon.$DOTBTC
Beautiful trend line - expecting a bounce on this line.
Look at the two blue arrows - almost looks like the exact pattern.
Expecting to break ATH very very soon and moon for 65% targets + more.
Targets @ next Fibonacci level. I think we'll go way past that level personally over the next few weeks personally, but going to cash out 75% of it as profits and let the rest ride.
Really goood news with Polkadot recently as well - which can really influence this move.
dot is a gianti think we could easily see something like this on poolkadot, maybe even much faster, short term i see this descending to the next support, but could be wrong, as always dyor!
