DOTUSDTCAREFULLdot usdt might see some dip for buying ovrall this week i m bullish till 25$ buy the dot in dip 19-20$ are the good buying zone
DOTUSD.P trade ideas
PolkaDot DOTUSDT - HUGE Secret Parallel Channel on the Daily!- Polkadot is very strong on the daily timeframe, as we can see.
- The price broke out of the bullish falling wedge and now is unstoppable!
- On the largest time scale, we can spot a huge blue parallel channel, which acts like a support and resistance.
- For expected duration of the trade, probability, stop loss, profit target, entry price and risk to reward ratio (RRR) - please check my signature below ↓
- Due to my Elliott wave count, the correction is totally over and we can expect a higher prices!
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DOT UPRISE WILL TAKEOVERAffirmed inversion, Polkadot Buy Signal from Script set off: EMA Crossover SMA just beneath the 23.60% fibonacci level, 43% addition from here to retest the 200 MA. Use purchase zone to plan your purchases. Swing objective from here is 160% addition from $18.92 to $49.75.
Current Price Targets: $25, $34, $49 and Swing @ $60. Glad Trading :)
See past investigation underneath.
Polkadot (Dot) Buy opportunity! Expected 50%+ Gain to set a New ATH of $50 at the 161.8% Fibonacci Level. Spot's value took off to a high of $42 on 20/02/21. Since setting this new ATH , it has lost some force, following down to a low of $26 on the 23/02/21 get-togethers a rash move, yet at present it is as yet exchanging 45% over this low 4days back on the 23/02/21.
The essential viewpoint for Dot in the long haul is extraordinary and still particularly bullish , its absolute Market Cap is at $33.7 billion and right now positioned sixth greatest advanced cash on the planet after Bitcoin , Ethereum , Cardano, Binance Coin and Tether. Over the coming month we anticipate that Dot should retest the past ATH of $50 at the 161.8% Fibonacci expansion .
Polkadot to 100$Making it Quick,
if BTC starts now his second BulllRun impulse, Altcoins will follow the King exponentially.
Polkadot fell down to his Bottom 10$ and potentially could make 10X to a new ATH.
This is the moment where you make the money comes in.
Remember to manage your invest on the Run like you did manage your invests on the last Dip.
Gains should be taken Partially and never go all in for Security.
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Trading Parts :
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- Security TP : 40$
- TP1 : 50$ ATH (April 2020)
- TP2 : 75$ ( Fibo 61.8)
- TP3 : 88$-100$
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Happy Tr4Ding !
DOT next few hoursDOT hit upper channel and 1H RSI may turn down and retouch LOWER trend lines for support before next leg higher
Polkadot Descending Channel Breakout PlayPolkadot's (DOT) price has broken above a descending channel that can suggest a potential trend reversal. Another confluence factor that adds more weight to the bullish case scenario is the MACD regular bullish divergence.
Descending Channel
Before Polkadot emerged higher out of the descending channel, it reached a new low of $10.37, which is a key support level. The short-term support level also comes in at $16.70, which needs to hold for the current rally to continue.
On the flip side, the bulls are eyeing the considerable psychological number of $20.0. A daily break and close above the considerable round number $20 can open the door for a retest of the next critical resistance found at the $27.90 level. However, the 100-day simple moving average, which currently stands at $22.81, is another obstacle the bulls need to overcome.
MACD Divergence
The MACD divergence also signals that the bottom might be settled, even if it is only temporary. This adds more confluence to the reversal signal, but at the same time, traders need to be aware that this rally may also just be a minor retracement in the grand scheme of things. In this regard, traders need to keep an open mind and simply go with the market flow.
[UPDATE DOT] POLKADOT - The last dump, then all clean until 200$Here we go.
Perfect support of Polkadot:
- Re-tested resistance of Jan
- Hit long term support trendline since Aug 2020
- Hit the end of a super impressive falling wedge
Can't go down 10$.
All time high will be 200$ approx for mid 2022.
DOT Beware the Hanging ManDOT 1D candle close could print a hanging man candle today.
If this occurs at the top of this uptrend along with RSI and MACD signals (which are elevated) this could lead to a down trend.
Good Luck
Polkadot Buy Signal from Script triggered: EMA Crossover SMAConfirmed reversal, Polkadot Buy Signal from Script triggered: EMA Crossover SMA just below the 23.60% fibonacci level, 43% gain from here to retest the 200 MA. Use buy zone to map your buys. Swing target from here is 160% gain from $18.92 to $49.75.
Current Price Targets: $25, $34, $49 & Swing @ $60. Happy Trading :)
See previous analysis below.
Polkadot (Dot) Buy opportunity! Potential 50%+ Gain to set a New ATH of $50 at the 161.8% Fibonacci Level. Dot's price soared to a high of $42 on 20/02/21. Since setting this new ATH , it has lost some momentum, retracing down to a low of $26 on the 23/02/21 after such an impulsive move, but currently it is still trading 45% above this low 4days ago on the 23/02/21.
The fundamental outlook for Dot in the long-term is great and still very much bullish , its total Market Cap is at $33.7 billion and currently ranked 6th biggest digital currency in the world after Bitcoin , Ethereum , Cardano, Binance Coin and Tether. Over the coming month we expect Dot to retest the previous ATH of $50 at the 161.8% Fibonacci extension .
DOT Bull Flag DOT is trading in a BULL FLAG.
PT is $21.5
At resistance of UPPER Trend Channel
God Luck
Polkadot Joins the PartyEntered DOT with a preliminary at 18.87. VSA continues to check out, we'll see where it heads. Demand bars definitely predominate and point to reaccumulation.
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Classic! Eth broke trend line and took off. Eth hit .50% -.382 buy zone, broke down trend line and took off.
Classic set up! look for these on all time frames!
#elliot waves
[Watch it] DOT broke its wedge.Technically Long, but still unconfirmed. Look for VOLUME.
Have a stop, as a Bitcoin slump may change the odds.
DOT downtrend lineDOT is being pulled down temporarily by BTC.
The RED trend resistance line is pushing DOT.
Watch for support on the PURPLE, previous breakout major resistance line or on the 0.618/0.5 fibs
Good Luck
POLKADOT // ALT COIN SHORTALT COINS ARE CURRENTLY LEADING THE MARKET
Most Alt-coins have already broken the 0.236 support on Fibonacci retracement, this means it will have an effect on the Ethereum and Bitcoin prices.
By the end of today Ethereum should be below 2450, and bitcoin will go to 36000 if it breaks 37545.
DOT: Time is clockingRetraction Using Gann Box and Fibonacci.
The analysis above indicates one of the possibilities of an uptrend.
DOT buy levelLooking for DOT to come back to the trend line and 38-50 fibs for a potential buy area depending on price action and RSI. First TP would be at previous high which is a daily level.
DOT Next steps $20-$22DOT has been revitalized. Look at key Fib resistance at $20.64-$20.73 range.
Not sure how quick a new trend will appear with the increased looks and buys for DOT but looking very strong.
Good Luck
DOT Bull Flag PT $21DOT is in a Bull Flag formation after a major surge higher and setting up nicely for a PT to $21... looking like continuation here.
DOT: First time 21 EMA has crossed above 34 EMA since May 19!This is super bullish for DOT... this is the first time the 21 EMA has crossed above the 34 EMA and is showing that funds and moneyflow is coming into DOT.... Next up will be the 21 crossing above the 55 EMA.
