✴️ Polkadot vs Ethereum Hits Bottom (~200% Potential)After the 5-June session All-Time Low Polkadot (DOTETH) produced higher lows, last week an inverted hammer and this week another bullish candle.
Needless to say this look extremely bullish to me.
I do not track a single ETH pair so it is hard to say how far up it will go in this bullish wave, I do
DOTETH - 3 Target Levels after Sustained DeclineOver the lat year or more we've seen a continued and sustained decline with Polkadot; have we finally bottomed out and can now expect to see some growth once again?
The price is currently sat right at the top of the aforementioned descending channel, a great place to put in a Short order? Possibly,
DOTETH - Small Consolidation Followed by 15% GainsWe've got a breakout of channel with Polkadot here, not only a channel break, but the price is currently just above a recent SR level and we've got a Buy signal from Crypto Tipster v2 - all of these Bullish signals indicate a rise could be on the table!
We'd be expecting a temporary consolidation o
DOT/ETH - Descending wedge patternDot has always been one of my favorite projects, so I am a bit biased. Dot works to solve many of ethereum's problems, including long-term scaling and security solutions.
Dot/Eth has been caught in a descending wedge pattern for 6 months. Notice how the RSI indicator has retained support near 30 a
Good time for converting ETH into DOT? We'll see..Hi there,
I've missed that chart. I now realize that Polkadot may start a good movement.
In the channel, the price seems to me in a reasonable buy range.
Let's see if DOT gets higher position in the crypto total market.
This is just my idea. Please do your own analysis.
Cheers!
See all ideas
Summarizing what the indicators are suggesting.
Oscillators
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Oscillators
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Summary
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Summary
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Summary
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Moving Averages
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Moving Averages
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Displays a symbol's price movements over previous years to identify recurring trends.