Reinvesting DOT profits JUST CRUSHED a prior trade. TAGGED below! :-)
I'm taking those profits and taking this trade! =-)
DOTUSD.P trade ideas
DOTUSD Roadmap to $19.50 - 24.00DOTUSD/ Polkadot hit the 7.40 Resistance A, filling the gap of November 7th. We are about to form a 1day Golden Cross and the next MA Resistance is the 1W MA50 but the gap to fill is on Resistance B at 9.70. We can see a strong bullish wave in the next two months with the 1day MA50 supporting. If Resistance C breaks, a huge bullish leg is expected within 19.50 and 24.00.
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dot dumpdot is forming a head and shoulders on the daily, as the alt cap begins to look week and btc to be rejected at 25k. i expect dot to go under $6. but also look for support around the $6 area. rsi continues to weaken which is another sign
DOTUSD - A Quick 10% Gain After Breaking Trend LinePolkadot seems to have just broken through that long descending trend line after testing this line a few times historically. There's a good area for the price to head to of recent consolidation so we'll be aiming for around 10% gains to reach the bottom edge of this area after a Buy signal from Crypto Tipster v2.
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DOTUSD Potential for Bullish Continuation| 26th January 2023Looking at the H4 chart, my overall bias for DOTUSD is bullish due to the current price being above the Ichimoku cloud , indicating a bullish market. With price tapping into my buy entry at 6.124, where the overlap support and 23.6% Fibonacci line is, we are looking to take profit at 7.415, where the previous swing high is. Stop loss will be placed at 5.704, where the previous overlap support is.
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DOTUSD Potential for Bullish Continuation| 26th January 2023Looking at the H4 chart, my overall bias for DOTUSD is bullish due to the current price being above the Ichimoku cloud, indicating a bullish market. With price tapping into my buy entry at 6.124, where the overlap support and 23.6% Fibonacci line is, we are looking to take profit at 7.415, where the previous swing high is. Stop loss will be placed at 5.704, where the previous overlap support is.
Any opinions, news, research, analyses, prices, other information, or links to third-party sites contained on this website are provided on an "as-is" basis, as general market commentary, and do not constitute investment advice. The market commentary has not been prepared in accordance with legal requirements designed to promote the independence of investment research, and it is therefore not subject to any prohibition on dealing ahead of dissemination. Although this commentary is not produced by an independent source, FXCM takes all sufficient steps to eliminate or prevent any conflicts of interest arising out of the production and dissemination of this communication. The employees of FXCM commit to acting in the clients' best interests and represent their views without misleading, deceiving, or otherwise impairing the clients' ability to make informed investment decisions. For more information about the FXCM's internal organizational and administrative arrangements for the prevention of conflicts, please refer to the Firms' Managing Conflicts Policy. Please ensure that you read and understand our Full Disclaimer and Liability provision concerning the foregoing Information, which can be accessed on the website.
DOT - Upcoming Opportunity 2.0First things first, I had to simplify a lot of counts in Polkadot for this analysis because some of the movements are much more complex than in VeChain or Solana. The Macrocount and especially the large C-Wave (Yellow - 2D Chart) are affected, if someone wants to see the complex version just write me a message.
Polkadot is one of the more interesting projects out there and is one of the few coins that managed to establish an overshooting (B) Wave last November. Additionally, this coin attracted a lot of momentum in the last bullrun and seems to be another candidate who could survive this bear market.
Nevertheless, Polkadot crashed since last November and lost almost 92% of its value, there are coins who suffered even worse but overall, that’s an impressive loss. We choose to share our macrocount in polkadot which is just like I said before a heavily simplified long-term view.
Now to the good news, the coin managed to gain more than +55% in the last weeks and I estimate that we established a well-structured bullish impulse. In the next hours, I anticipate that the price will advance further and should end the whole bullish wave (i) impulse. The trend should shift in the next days, and it’s very likely that the next days or weeks will be dominated by wave (ii).
As in all other coins, I highlighted our blue buy zone on the chart, which ranges from 4.23$ - 6.56$. The price should enter this zone and new investors can take this opportunity to accumulate coins. After this correction, the price has only one goal, to build up massive momentum and break above the last high and finally 8$.
We will continue to build up long positions in the blue Fibonacci zone too!
Same as in Vechain, there is still a chance that Polkadot could expand further to the downside, but this really depends on how Bitcoin and Ethereum behave in the upcoming correction.
Please notice that we are already invested Polkadot since the 29th of July, back then we announced our first positions here on tradingview .
Read the full statement here:
If you should have any questions whatsoever, you can write a comment or contact me directly!
Long Polkadot (DOTUSD)
AVERAGE EXECUTION PRICE: 7.33
STOP-LOSS: NONE
LONG TERM TARGET: 55$ and more!
DOTUSD (4H) - Bearish reversalHi Traders
DOTUSD (4H Timeframe)
Waiting for the downward break of 5.60 support level which will complete a bearish trend reversal pattern to go SHORT. Only the upward break of 6.21 would cancel the bearish scenario.
Trade details
Entry: 5.60
Stop loss: 6.21
Take profit 1: 5.27
Take profit 2: 4.88
Score: 4
Strategy: Bearish reversal
POLKADOT : Approach to important support area in medium termPOLKADOT : Approach to important support area in medium term
Crypto Analysis
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$DOT broke LONG TERM down trendDon't care for $DOT but you can't ignore this
RSI could be better but this looks GOOD
#PolkaDot
DOTUSD (4H) - Bullish wave We2Hi Traders
DOTUSD (4H Timeframe)
A high probability, entry signal to go LONG will be given with the upward break of 6.060 after the market found support at 5.770. Only the downward break of 5.770 would cancel the bullish scenario.
Trade details
Entry: 6.060
Stop loss: 5.770
Take profit 1: 6.960
Take profit 2: 7.700
Score: 9
Strategy: Bullish wave We2
Polkadot key levels, support and resistance levelsThe primary trend is short. DOT has reached the resistance zone. We are waiting for the secondary trend to break.
Key levels
Supports levels:
4.300
3.800
Resistance levels:
4.700
5.100
5.700
DOTUSD - one more leg down - SHORTDOTUSD remains in the downtrend.
A small pump to get rejected from the downsloping resistance line is still possible, however in our opinion one more leg down is coming. RSI has not been oversold yet.
The buy zone for the next bull market is between $4,70 and $3,50.
Don´t rush to buy.
Patience is a key
DOTy about the coinLooks like the weekly breakout coming with bull div
Targets as marked
Bears will be exterminated but not sure if this is a new cycle for crypto, really depends if dollar is about to crash
Watch the 1.15 EURUSD level
NOT TARDING ADVICE
GRI 2023
DOTUSD Broke above the 2 year Falling Wedge!Polkadot (DOTUSD) just broke above the Falling Wedge pattern that was in effect since early 2021. This 2-year pattern has been basically dictating the pace of the current Bear Cycle but as you see on this 1W chart, it eventually ran out of room, was trading tightly within its top (Lower Highs trend-line) and bottom (Lower Lows trend-line) in the past 2 months and eventually broke to the upside.
This alone is a major bullish development but we would like to see a closing above the 1D MA200 (orange trend-line) in order to confirm the end of the Bear Cycle. If broken, it will be the first time the price is above the 1D MA200 in more than a year (since January 05 2022). In that case, the Fibonacci retracement levels can be targeted in succession, with the 0.5 (Fib) at 15.50 estimated to get reached by August 2023.
A strong sign that shows that the market has priced its bottom is the 1W RSI, which has been flat on its Support since June 2022 and also broke above the Lower Highs trend-line that started all the way back to the February 2021 High.
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Polkadot: Lucky Day! 🍀The date may write Friday the 13th, but we're feeling pretty lucky. Polkadot continues to rise and should climb above the resistance line at $5.36 to finish the yellow wave i. After completion, the coin should fall into a correction and end the orange wave ii below the $5.36-mark.
Shopping Altcoins- in this post i will list a number of projects that seems interesting (to me) for the next bull run.
- i will set a potential worst case bottom price for every tokens/coins considering another BTC dip.
- i will just keep things simple and set a potential ”Entry Price” and describe good and bad reasons in few simple words.
- Remember that you have to do your own diligence before considering to invest in a project.
- Remember that cryptos are very dangerous, everything can happen and you may lose all your invest.
- invest only what you don't need for living !
- it's only your own decision to set an higher entry price if markets turn green.
- You don't want to buy when peoples are happy because everything is mooning!
- You want to buy before retailers and You want to sell before them !!
”The time to buy is when there's blood in the streets”
i will start with my one of my favorite project :
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Polkadot (DOT)
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- The Good : Decentralized, Huge Ecosystem, Cross chain Tech, developer activity, SEC umbrella.
- The Bad : lack of promotion, concurrence, on chain attacks, elitist governance, unlimited supplies.
- Entry Price : 4.30$ish
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- if you want me to check and add a project, just comment down below.
- if i think this project is not consistent. i won't add it.
- not meaning your favorite project is bad, just meaning i have a lack of knowledge on it.
- i will update this post over time.
Happy Tr4Ding !
Polkadot Black Friday- Everything is in graph.
- Weekly predominant bullish divergence on RSI.
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- i won't speak "Price to Buy", but WHEN to buy :
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- Buy a Dip and wait for the end of this triangle.
or
- Buy a Breakout from the same triangle.
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- Black Friday is Real.
Happy Tr4Ding !
DOT/USDT 1DAY UPDATE BY CRYPTO SANDERS !!Hello, welcome to this DOT/USDT 1DAY chart update by CRYPTOSANDERS.
I have tried to bring the best possible outcome to this chart.
Show some support, hit the like button, and follow and comment in the comment section. this motivates me to bring this kind of chart analysis on a regular basis.
CHART ANALYSIS:-Polkadot (DOT), was another big gainer in today’s session, with prices moving closer to a four-week high.
Following a low of $4.84, DOT/USD managed to reach an intraday high of $5.16 earlier on Thursday.
As a result of this move, DOT broke out of a key resistance level of $5.15, hitting its strongest point since December 16 in the process.
As can be seen from the chart, the 14-day RSI has failed to move beyond its long-term ceiling of 68.00 and has since slipped lower.
Price strength is now tracking at 63.10, with DOT declining from its earlier peak, and the asset is trading at $5.09.
In order for the token to continue to move higher, there will first need to be a rally above its 68.00 points on the RSI.
This is not a piece of financial advice.
Hit the like button if you like it and share your charts in the comments section.
Thank you
DOT Zones: Falling Wedge Breakout Incoming? Here we are looking at DOTUSD on the Daily TF…
For this analysis, we will keep it brief as the chart here is very simple.
As you can see we are in a falling wedge which consists of downwards sloping resistance and a descending line of support. The descending line of support stretches all the way to the lows (at the time) made back in July of 2021. Every time DOT has tested this line, it has bounced (so far), but we will continue to monitor the charts as the space between support and resistance continue to squeeze closer.
What do you think DOTUSD will do next? Let me know in the comments!
Cheers!
