I feel pretty confident in the support levels drawn, probably more so if it breaks upwards - provided it breaks in the next couple hours. Another possibility is this and that probably looks better for if it drops. Won't really know until it happens and can see which one it decides to follow. LEND is also doing something similar right now, might chart it properly...
BINANCE:DOTUSDT
Sideways but setting up for another attempt at $6.30 and $6.70 resistance, beyond that a potential $9 price target based on fib 1.618 extension
It's a graph like this which is most promising to trade with Futures! Clear support, and a 3% difference, so good to trade over a couple hours, but requires alot of attention because if it breaks up or down you don't want to be too slow to react (this trend started at midnight for me so I couldn't do anything fancy with it, but I have a long in place anyway :D )
Gah I was too impatient yesterday, should've backed myself! I noticed that all the alts retraced 50% from their highs when they had a major correction, so I had a short running on DOT and a couple others, but canned most of them too early. DOT and THETA were probably the best looking for a short yesterday.
Kind of wondering if it'll test the 50% retracement if...
Hey, I am back with another Crypto Analysis, focused on Polkadot.
Intro.
Last time I was making an analysis on DOT, I was pretty bullish on it and bought at $4.35, which is not the best entry, but remember the point of making money is about to be, able to take your profit at a good level !
Today I took profit at $6.5 and rebought at $5.8, which is...
$DOT / #USDT
Levels to watch as its retesting ~5.70$ matching EMA50 on the 1H
If holds it & accumulates here, it may bounce back toward 6.8$ ATH level
Losing it and look for ~5.1 as a new level to hodl..
#DOT
i sold 50% at 6.8 and looking to rebuy here. i dont even know what DOT is for, but i wish i bought more at 2.8. if you guys missed those move. this last wave will be the longest. stop loss $5.
Hi All,
I'm in this trade with some luck when my brother pointed me to this and I took it early at $4.1.
I did look at it yesterday but was occupied to making this post as of now.
DOT = POLKADOT
Since its new on Binance it doesn't have much history, and prior it was a different product as the change was made to its denomination setup.
So I look at the...
There's 2 drawn here hence why it looks a bit busy.
Kinda hoping it'll retest that 5.8 low so I can get a cheaper re-entry, but its looking pretty strong up at the moment.
My previous charts of DOT all held up good as well!! Actually managed to profit yesterday from it, its playing the game much nicer than BTC...
Smart move here might be to take some profit and put more in once it shows thats it's going to break thru the channels, although with my entry at 4.7 I can't see it retesting that level.....famous last words *insert sweat emoji*
The other graph is still doing its job, this is just to show what things look like when drawn from Top to Top, it has a few points that are touching but it doesn't look quite as predictive as the first DOT chart published, but is still good to keep in mind. Maybe if I update the other one I'll draw in these arcs manually so that they are shown but don't bog the...
Kusama is Polkadot's wild cousin. We can expect a good run from Kusama as crypto space will talk more about Polkadot and Polkadot ecosystem. It's chart is also good with clear Cup and Handle.
Hey, I am back with yet another Crypto Idea.
Polkadot, a coin that come to my attention, why you may ask?
Let me explain.
So the coin is on exchanges only 5 days and is already on the #8 place of cryptomarket which is really crazy when you think about it..
The coin is already listed on Binance, Bitfinex, OKEX, Kraken, Bittrex and Coinbase is also thinking...
