Dot still have power, i don't post indicators to keep chart clean, but 1 day is not maxed at all, i checked orders wall on Big Exchange using Span and the big wall for DOT is 50$.. so for now the King lost Dominance and it's party time for Altcoins. this analyse can turn wrong as altcoins pushed a lot but still possible. like aways you have to invest wisely and keep an eye on the king all the time.
- TP1 : 38$ - TP2 : 50$
- i don't use any stop loss for Polkadot, just restack it if i miss a trade opportunity.
Happy Tr4Ding !
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Added 2 good rebuy zones in case of dip more.
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Dip followed byt BTC little Shakeout. looks like Bounced on 3H TF.
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one more scenario if we continue to go Sideway :
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38$ Reached.
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40$ possible on this push.
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my advise if u didn't enter this trade at the good time is to NOT ENTER NOW. wait and see if it brokes 40$ or retrace.
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40$ - Hitting the Trend!
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Could be the way.
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Whale Dropped on Kraken.
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get it
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27-28 $ seems a very good rebuy Zone imo
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could be some shit like that but check always if it doesn't break down the trend.
im long on dot as well as other alt coins...was checking the BTC dominance chart and it seems as though it broke a new resistance level!! doesnt that mean it would a red flag for the alts now at least for the short term?
thecryer
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@HadeelFawzy, like we saw DOT is less suffered than other alts on multiples BTC dips, aswell ADA. difficult to see in the crystal ball but DOT needs Project to buy millions of coins to be parts of his subtraste ecosystem. it should help a lot imo.
thecryer
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@HadeelFawzy, no worry about BTC dominance on the long run for now it looks fine.
Target 38 and 50usd sound good indeed. Do u believe by eom or March/April? Will this bull run last ...
thecryer
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@AeonPsyklon, difficult to answer, don't forget we stayed in Bearmarket for 3 years, so i dont think this bullrun will stop after only 4months, never easy to get a perfect timing but i am convinced 50$ for DOT is still very low price.. almost everything depends from where and when BTC will retrace.
joseph83299
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What do you mean by “restack” I normally do not leverage trade but I saw this one coming. 10x leverage right under $20. Was gonna exit at $25 but it kept moving. So I can just add funds to the trade and it changes my liquidation amount? Or lowers or offsets the risk? Sorry maybe a dumb question Ive in Crypto for 7 years. Just started trading last year and still new to leverage trading. Wasn’t sure if that’s a hack to avoid liquidation with a y-symmetrical investment Like Dot. Thank you for sharing.
thecryer
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@joseph83299, i mean by Restack : " Accumulate " if i miss a trade, i send back DOTs to wallet and add more to my "Stack". i never use leverage on cryptos it's too dangerous. Cheers mate!
abel11
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Been watching this for a couple of weeks and needed to get this informative analysis