Waiting for symmetrical triangle (bearish) breakdown to buy DOT at 5$ with long term targets : 20$ - 25$ - 50$
This could be Polkadot for the bull run. Price might retrace to $5.6 but i highly doubt it with the presence of strong volume an relative strength index already above the previous high syncing with the price action, it is a strong indication of buyers taking charge and imminent price surge. Again as I have emphasised on previous analysis, do not time a perfect...
Who is at the helm of the U.S. economy....right now....? Enough Said. What just happened was a fake out. To many countries are about to start dumping US bonds....no real rally for a while I'm afraid.
We see a classic ascending triangle pattern in the chart. In my opinion, this is one of the best positions in the market. Good luck
Hello Trading view Family / Fellow Traders. I hope you have used and benifited from the previous analysis . In today trading session we are monitoring DOTUSDT for a buying opportunity, DOTUSDT UPDATE Breakout of the Falling Wedge Pattern has almost complete ,In 8H Timeframe✴️ So,I Expect a Bullish move of +35%💸
Polkadot caught our attention with its price, showing some signs of a fakeout near the resistance zone (which was broken but not secured). As we are forming a fakeout here, we are also looking for potnetial downward movement here, so eyes open! Swallow Team
According to the long-term analysis, the DOT currency is moving in the 1W time frame, which, as mentioned in the updated micro-waves of the previous post, completed a complete cycle in accordance with the path in the range of 11.92. 💎 First scenario: due to the recent three-wave correction and support in an important PRZ area, an upward corrective movement is...
I feel that today is still a good buying opportunity. There were people who bought at $10 thinking it was cheap, although today it is 50% cheaper... Now, logically, you should have been buying. An excellent entry point was buying DOT at less than $5, ideally in the $4 range. However, if you haven't bought yet, don't regret buying DOT at $1 more. It's worse to buy...
From where I inserted "Start" on the chart, it seems that the price entered a correction. This correction is a triangle or a more complex pattern (diametric or symmetrical). From the green area, it can move towards the targets. Closing a daily candle below the invalidation level will invalidate the analysis For risk management, please don't forget stop loss...
Disclaimer: I don't have a fundamental basis to actually believe in this scenario, but what I see on the chart I see on the chart. With that out of the way, the shown scenario of an impulse followed by a rather big flat correction, which might be done now, would be extremely bullish, since it would suggest new all time highs (that would be a 13x from here at...
#DOTUSDT | 4 HOUR TIMEFRAME UPDATE We can expect that #DOTUSDT will come to the zone of $6.670 - $6.500 (the grey area that you see on the chart). At that grey area, we can look for confirmation ✅ to open a LONG position. The target of this UPWARD movement is to reach $7.010 - $7.190 - $7.570 - $8.060 Invalidation below $6.015 ❌
DOT ~ 1W #DOT We hope that this Support Block will be retested again. And we wouldn't hesitate to place a sizable purchase here. with a long-term target of at least 25%+
We can clearly see that DOT is forming a bullish pennant, breakout will be happening in a few hours, and price can jump to 8$. 8$ is a very strong resistance, if that resistance will be broke, the next target will be 14$.
We are back with Polkadot, where our attention has caught that 200EMA which has been holding its ground since April 22. We are now yet again back at 200EMA testing it, and we are looking for a potential rejection to happen from here. If we see it, we should see a nice downward movement from here! Swallow Team
Gaining long exposure if price provides a pullback for an entry.
Dear Traders, We are convening a discussion focused on #DOTUSDT THE Trendline Breakout Has Already Done ✅ So,I Expect a Bullish Move of 35% 🚀 Regards: AnnaTradeCharts #Bitcoin #Crypto #Ethereum #Cryptocurrency #CryptoTrading #BTCUSDT #ETHUSDT #ALTCONS #USDT CRYPTOCAP:BTC CRYPTOCAP:ETH CRYPTOCAP:USDT CRYPTOCAP:PEPE CRYPTOCAP:DOGE NASDAQ:ALT
The symetrical triangle that formed at the end of the recent downtrend was optimistically viewed by many as a potential trend reversal. Then the news of a possilbe approval for an ETH ETF after tweets by the SEC caused a breakout. A re-test of teh symetrical triangle around $7.20 is a possible scenario, however, if after the retest price does not hold above...
The cryto pair made bullish flag pattern on 1h TF. Entry can be taken at current price with SL and TP mentioned.