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WicktatorFX
Apr 18, 2022 3:46 PM

POLKADOT - Buy Zone Approaching - UPDATE 🚀 

DOT / TetherUSBinance

Description

Following on from our last post on Polkadot, we are now running gains of over 25% from our sell zone.

We are still in wave C, which is a 5 wave formation. In our last post we identified the completion zone for subwave 4 of Wave C and now we are seeing the 5th and final subwave of wave C. We are looking for Polkadot to move lower to around the 10-11 level where we will be looking for bullish reversal signs.

There's a potential 400% that can be made from the next bull run just on Polkadot alone, which is why we're constantly updating this clean setup!

Trade Idea:
- Hold shorts at breakeven until we reach 14.50 for first targets and 11 for second targets
- Watch for bullish price action on lower timeframe

We will update Polkadot once we reach our buy zone so we can all get in on the next bullrun 💪🏼

Goodluck and as always, trade safe!

See below for our previous Polkadot analysis:
Comments
mcclmaxim
hey so gone be in € so stay with me boys so by accident i just bought polkadot @15.64€ (16.53) and is standing @15.23 (16.09) the guide above says 1st target at 13.72€(14.50) and second target @10.41€(11) what would be best course of action? selling it now with bit of loss and reinvest lower? and @ price ? the @10.41 (11)?
would love to hear it from you guys
QuyPhamzzz
celo chart . sir
DATAjoinnt
Got that short. Thanks for the update.
knight8974gh
hi sir I following you always best TA you have I'm a one of the long investor of polkadot it is good idea to sell polkadot from 62 $ or it will go 72$+ more ?
tradingexpert209
Too Good :)
InkyGrip
total agree, the price is going to the liquidity zone
hhuulihamjiissa
hello 👋
Hsttrading
Beautiful chart
mru321123
not sure you're going to see below 17-18. Long term trend line 1.5+ years is still intact. Only will see 10s if btc crashes to low 30s, imo.
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