Polkadot bulls are nurturing a potential breakout after spiking above a short term triangle pattern. DOT/USD drastic price action is delayed by the resistance at the 50 SMA. Polkadot broke down from the ascending channel, discussed last week. Luckily, support at $4.00 came in handy, preventing acute declines from taking over. A reversal, therefore, ensued...
Polkadot has broken out of triangle formation, as the downtrend line has been broken to the upside and currently is testing the upper level of resistance area from 4.50 to 4.63$. I expect Polkadot to hit $5 today or tommorow, which is TP1, 9% from current price. TP2 is $5.33, 15%. Good luck with this trade! Tibor
The difficulty here comes when one considers that we do not have the type of data that we have at our disposal with other cryptocurrencies that have charts going back years. So, to say to what extent DOT is bound to the move(s) of the market is difficult. To say what direction the RSI will turn next is also difficult, but I put forth the idea that the RSI (at the...
Visual depiction of distribution of $DOT local top.
BTC dipping has formed an inverse head and shoulders for $polkadot.
The fall of the crypto market did not bypass polkadot either. After losing $5.5 resistance it keeps falling and currently testing $4.5 support. If we close below the next target is $3.8. The worst case is that the whole pump will be retraced and we'll back to $2.5 Two setups I see here: * Scalp short from the previous support break at $5 * Scalp long from...
When DOT was above $6,2 , here i shared that DOT will make a correction and fall to $4,5 -Now this target has been successfully succeeded and DOT will start rising from this poing and its support level is $4,6 It's getting ready to make new ATH above $7 . After coin market cap showing DOT in the top 10 ithis will bring new investors to the DOT . We may see...
Aktualnie kurs Polkadot znajduję się na wsparciu. Jeżeli je przebije i powędruje w okolice białego kwadratu powinniśmy spodziewać się dalszych spadków do poziomu 0.00038834 co prawie pokrywa się z wskaźnikiem Fibonacciego(nie uwzględniając knotów pokrywa się wręcz idealnie). Kolejny opór znajduję się na poziomie 0.00022245. Wskaźnik MACD pokazuje, że fala spadkowa...
About Polkadot Polkadot is an open-source project founded by the Web3 Foundation. Polkadot is a sharded protocol that enables blockchain networks to operate together. The DOT token serves three distinct purposes: governance over the network, staking, and bonding. Source: Coinmarketcap.com Website: polkadot.network ------- Polkadot (DOTBTC) is new and we have...
Polkadot is sitting currently on uptrend, bounced of strong support level, and shown a very good lookin 4h candle close! I expect this coin DOT to have a strong rally to $6.8 which is exactly 13.33% from current price of $6. The Second take profit is below $7.5 and that's a 25% profit. And one question to my followers, do you prefer shorter and more analysis or...
SWING TRADING STRATEGY Polkadot is one of the best Alts out there, i can say Polkadot is the alternative of Ethereum, that's why i can't take my eyes from it 😍😍😍 DOT/BTC is in strong bullish since listing on binance EMA 21 is the support for mini trendline(blue line) and it was breakout from the bigger trendline and accumulation area EMA and MA is in the...
*** this is a continuation of the previous post, link below *** This also applies to the BTC pairing. Cheers, S.Sari
Polkadot Analysis - 1 September
Polkadot (DOT) is the so-called 'Ethereum Killer' invented by Ethereum's brilliant former CTO. Since listing on Binance, the price has soared. It is now consolidating in a tight symmetrical triangle. This situation has a BULLISH bias. BUT remember symmetrical triangles are not reliable breakout patterns. They have a tendency to morph into new, larger patterns,...
Don't Flame me yet! i just want to tell you that this chart is a JOKE because of course Polkadot won't reach is old ATH in few weeks lol! So what is Polkadot and why i made this chart ? it's simple. The price falled cuz the DOT Token got a redenomination from its original sale on 21 August. ‘New DOT’ will be 100x smaller than ‘DOT (old)’. Therefore, the DOT...
#om bull flag buy and hodl call binance listing soon hidden gem