DOTUSD trade ideas
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
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
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 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.
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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 vs ETH - RatiosInteresting chart showing that DOT has been making a comeback against ETH but is now at some strong resistance VS ETH
If the past cycles were indicative of the future, there is a chance DOT could trade well against ETH. And then vice versa.
Not trading or financial advice, I just find ratios very interesting. IF there's a flash crash, then the ratios go completely out of whack, so be careful.
VJ
Waiting Game DOTUSD: Bullish long term scenarioHello investors and traders,
As part of the "Waiting Game" series, today we look at DOTUSD and long term opportunities.
If we consider the movements from inception end of August 2020 to mid-May 2021 as one complete wave (Primary 1 purple), and that the subsequent deep retracement was primary wave 2, then based on the guideline that usually a wave extension happens in wave 3 (primary degree) I would love to see DOT hits the 1.618 target (around $1080)
If we subdivide the primary count (purple) into intermediate waves, and we optimistically believe that we are starting the new cycle, I am looking forward to seeing a deep retracement (intermediate blue) around 50%-61% Fibonacci to buy a bag of DOT.
Long term target at $1080 and a short term target of $150 (intermediate wave 3) would see the Polkadot community very happy.
What's your long term and short term target price for DOT?