Polkadot wants to turn around$dot #polkadot HnS target listed but potential bounce off bottom of keltner channel with W reversal pattern in play if support holds.
DOTUSD.P trade ideas
PolkaDot head and shoulders patternNoticed what seems to be a head and shoulders pattern in Polkadot. Following an uptrend that started on July 19, 2021 Polka Dot now seems to be on the bottom part of the right shoulder. Fairly new to TA but from what I recall this is trend reversal pattern, and it would be expected to see a downward trend. Crypto currency in general does not behave similarly to equities and so this pattern likely signals nothing. Just thought it might be worth noting the pattern.
Dotuse the fib to see the price levels that it is moving through. watch the RSI. wait for the drop below the 0.618 fib level.
DOT/USdtBig elliott wave 1th . is done.
next 2th . wave (ABC)
Next correction zone C-wave targets 26-27$
good luck
DOT Breakout?DOT might be breaking out of a falling wedge here with a potential to run up to the 618 fib.
dot at necklineif dot breaks neckline of this h/s here is some targets and support illl be looking to buy. target is red box out of h/s. for now we bounced around neckline.
DOT_SHOT , 20USD ~ 25USD 2021_09_28 Hello
This is a polka dot chart.
Most coins are downtrend.
In fact, I'm keeping my short sell and I personally think Bitcoin hits 38K.
I have a personal opinion that Bitcoin will go up after reaching 38K, so after Bitcoin reaches 38K, I will buy back and watch the ups and downs before going into a short buy.
this is just my personal opinion
Good luck everyone.
2021-09-28
DOT moving back up againIt looks like Polkadot could move up considerably if BTC keeps it up. Not financial advice.
dot/usddot could currently be forming right shoulder for this head and shoulders pattern. target would be around the $14 mark. with dot eco system getting close to coming online with parachains one last dump would be perfect for accumulation.
Polkadot 180$ by January 2022!The ASCENDING BROADENING WEDGE pattern coupled with the HUGE ECOSYSTEM it has tells me that this project is only starting!
Will be massive Q4
Head and shouldersCrypto does not produce anything no matter what people who are passionate about crypto say. It is a ponzi scheme and it will never replace the US dollar.
With that being said this is another opportunity to short. Head and shoulders where the right shoulder is taller than the left shoulder are my favorite and we have one here. Good luck
DOTUSD - Long Trade Idea 32.500 targetDOTUSD(T) - 15m, Buy
Entry - 29.65
Stop loss - 29.35 (30 pips)
Take Profit 1 - 30.65 (100 pips)
Take Profit 2 - 32.00 (235 pips)
DOT looks nice on 4h timeframe..and bullish,,it broke an important resistance,. im focused to hit the next near 35.00
bearish on dot for trade I am looking at this 15 min chart and thinking we will see dot hit $26USD again before we continue on the full bull run again. if this is the case my long positions will execute and I look to settle them within 12 hours and take 10%.
this is not financial advice just an idea I am looking to do.
DOT Buy Potential ContinuesA falling wedge and a current rising megaphone
I expect .786 fib level to hold and a breakout above the megaphone will occur
0.5 showed great support
DOT update 9/21 9:00 AM ESTDot has broken the downward channel from yesterday and is currently at the tail end of an upward trajectory. Using our fib I see a pull back to the 28-27 levels. Long-term (the next 2-3 months) I see a lot of positive momentum for DOT. Massive fundamentals will be pouring into the polkadot ecosystem and I see this making the price soar up to the 40-50 range by years end and I feel within a year we will flirt with a $100 dot.
DOT copying the past?It looks like there is an opportunity for all to buy DOT at the dip and get some gold nuggets.
Happy trading
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Dot for major pullbackDot almost hit the upper part of the ascending channel. However, I'm seeing a major pull back as the price action doing high highs while RSI indicator doing lower highs. This showing a bearish divergence on daily chart. I'm taking a short position on DOT as it shows excellent risk reward ration.
DOT - looks like it is buy - for reputation pointsUsed all free publicly available indicators. DOT looks like a buy now. May not fall much further based on the indicators, not a financial advice.
dot on its support leveldot currently trading at 30$ and its supprt to be 28$ and 26$ and if support holds then we hit our ath but my tp will be 44$...
support 28$ and 26$ while tp is 44$ and above
my first time of posting here.corrections can come in .thanks
