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DOTUSD trade ideas

Polkadot going to $0,50? Polkadot dead?Polkadot is one of the worst performing altcoins. On top of being a poor performer during the bullrun (compared to other coins), it is also the worst performer during the bear market. It appears interest for polkadot has disappeared. Polkadot has been in a downtrend for nearly 2 years. Downtrends tend to continue trending down until they continue up. There are no signs of a reversal. Based on the past history, it is possible polkadot will drop another 90% from its current valuation. The chance of polkadot reaching its old all-time-high is, based on current situation, only 0.1%.
CRYPTO:DOTUSD
by couldntcomeupwithone
POLKADOT - 1000% Move Coming!DOT has giving us an EASY trade setup. The big wave 2 was an irregular FLAT correction, which consisted of an ABC wave (3-3-5 breakdown). We are now in wave 3 and we've seen subwave 1 and currently in subwave 2. For confirmation of subwave 3, we can wait for the break of red trendline. Trade Idea: - Safe entry on break of red trendline - Risk entry anywhere above invalidation level - Stops below invalidation level - Targets: 14, 24, 54, HODL the rest Goodluck and as always, trade safe!
BINANCE:DOTUSD
by WicktatorFX
12
DOT - What a time to be alive!Foremost, I have been very happy that our last analysis on Polkadot got a lot of positive comments. Thanks to everyone! Our last analysis on Polkadot absolutely NAILED the projected wave count, the only small difference is that we established an overshooting (b) wave. Nevertheless, a lot of the Polkadot chart hints towards a "Make it" or "Break it" scenario, I don't want to instill fear in you guys but wave (ii) retraced a lot! Polkadot got very near the crucial 0.786 retracement, and it's of great important for me that we don't breach below this retracement. The count wouldn't be invalidated, of course, but the longer we stay at these low prices, the more I get impatient with the upcoming wave (iii). Let me say this clear, especially for long-term investors, we are at very attractive price levels and the fearmongering I see on here is just ridiculous. Polkadot experienced a VERY BRUTAL bear market and lost nearly -93% of it's value since November 2021, bearish investors who now call for "another" -50% price drop should zoom out and really think this through again. Don't get me wrong, it's always important to cover alternative scenarios and one should never underestimate the irrational nature of the markets. But the way I see people on here out "Doom-post" one another is just misleading and fooling inexperienced investors. Stay strong guys, don't act on panic in these times - these troubling times will soon come to an end! Please note that we are already invested Polkadot since the 29th of July and the 14th of February 2023, back then we announced our first positions here on tradingview. If you should have any questions whatsoever, you can write a comment or contact me directly! Long #1 Polkadot ( DOTUSD ) AVERAGE EXECUTION PRICE: 7.33 STOP-LOSS: NONE LONG TERM TARGET: 55$ and more Long #2 Polkadot ( DOTUSD ) AVERAGE EXECUTION PRICE: 6.01$ STOP-LOSS: NONE LONG TERM TARGET: 55$ and more
BITFINEX:DOTUSDLong
by Mendenmein-Capital
2
Polkadot - DOT breakout patterns🔵🟢🔴👀We see a daily breakout pattern within a weekly breakout pattern for Polkadot dear Crypto Nation🔵🟢🔴👀 That can lead to a huge bullish breakout with a new high on daily chart followed by a new high on weekly chart🟡🚨 Have a great day dear Crypto Nation😎 Let me know your thoughts in the comments🤗 ⬇️⬇️⬇️ Likes and Follow for updates appreciated🤗 Disclaimer: Not financial advice Do your own research before investing The content shared is for educational purposes only and is my personal opinion
BINANCE:DOTUSDLong
by Crypto4Everybody
DOT/USD - SHORTDate: 26/03/2023 Technical Analysis: The market respected a supply/demand zone initially. Price broke the demand zone, which is now acting as supply, and came back to test and closed with a bearish doji. In the Fibonacci retracement of the last down wave, there is a correction at the 0.5% level and a close with a doji candle. In the 1-hour timeframe, there is an engulfing pattern at the 0.5% Fibonacci level, indicating a final correction of the Correction. The market is currently in a clear downtrend. Trade Plan: Take Profit Target 1: The last lower low. Take Profit Target 2: The daily supply/demand zone. Stop Loss: Placed above the last lower made. Risk per trade: 1% of capital. However, it is recommended to wait for a correction to enter with 0.5% risk. Please note that this is a professional and clear trade plan for informational purposes only. It is important to conduct your own research and analysis before making any trading decisions. Additionally, please always remember to manage your risk carefully and never risk more than you can afford to lose.
KRAKEN:DOTUSDShort
by Mahdicryptodotma-pro