Polkadot Elliot Wave 21/11/2022 A large number of DOT holders has been selling bags and I expect the price could get lower. I suggest you DCA or wait for abit before buying a bag.
It looks like OP is on its way to Wave 5 of Wave 1 of Wave 3. It would be a good opportunity to trade this and exit at Wave 5 then wait till the cycle ends before longing again (Wave 2 of Wave 3).
If it breaks 38k, we possibly might see 39K-42K before going down to 33k - 30K level then go up to Wave Y.
Do not use as trading strategy For reference only
Good entry for position traders
WIN is almost ready to break the pennant. Good entry before wave 1.
With the soon arrival of Chainlink 2, it is a good time to stack up your LINK before it goes very high.
Hurry! - This ATH is temporary.
Vet is going out of WAVE 4 and is about to fly up to the WAVE 5 territory. Good entry now or wait for the breakout.
LTC is entering Wave 4. I expect LTC to go down further around 180-ish - 190-ish levels. Good Entry! This is the last time we will see LTC around 200.
Cup and Handle Formation - Possibly entering Wave 2 of 1 I expect the next candles to remain at the yellow levels (fib 0.382 to 0.618) and breaks to the blue lines. Once it breaks the blue line level, it might be the start of Wave 3 (best wave of all waves). Safe TP at brown lines and if you are an aggressive trader, green lines.
Full Binance USDT Spot Pairs for watchlist upload (Updated 4/4/21) Procedure: 1.) In a new Notepad, copy and paste the list below and save as ".txt" file. 2.) Go to your watchlist (Suggest creating a new watchlist for this one) and click the 3 dots (...) 3.) Click Import list and select the file. 4.)...
1.) Make sure there is momentum before you enter. You can check the ADX indicator to confirm the momentum. 25+ ADX means there is a good momentum. 2.) Wait for the the price to break the flag. This will confirm that it will follow the trend and bounce upwards.