DOTUSD appears to beginning some outperformance compared to one of its peers, ATOMUSD. They are both interoperability tokens that have similar goals and functions. I would personally put them in the same group, but correct me if I'm off base. On a 6 month basis, ATOM has outperformed DOT by a significant amount over the past 6 months depending on your point of...
Needs to complete a flat in the wave B, therefore expect a sharp drop, before you get the next move up.
Polkadot token (DOT) found support on higher time frame and price made a higher high formation, which was the first bullish sign after long period of price decrease from December ATH. DOT is now moving bullish from the break out of descending triangle pattern. The same pattern was established in July last year, when DOT bottomed out at around $10. RSI is nicely...
i see either a lower low fake out, back to range, then pump in the 'orange'. Rise from here in the 'green', or bull-trap the breakout traders & stop em out with an insta-low in the 'yellow'. As long as btc keeping this pa, I see no reason why any of these 3 can't play out. NGU NFA
As you can see in the chart DOT is been rejected from its resistance and if it breaks our trend line we can see these targets on its way to the GREEN zone but if it CAN break the resistance we can see movement to the RED zone, I draw you our targets on its way. I do trading zone by zone and based on patterns do trading based on your own strategy DO NOT FORGET TO...
ON 4H TF BINANCE:DOTUSDT has a support at 14 and swing in range 14 - 32. Waiting for a breakout at 32 to climb up to 75 for a next target. Wait and see
Polkadot about to explode descending bradening wedge in progress, check charts.
DOT is STILL hovering around 83.5% for the past two weeks or more. Really almost a month since it first came down here. As with all cryptos, there is no technical reason to expect price to move up. It even bounced off the 50 EMA this week.
Shorting some #DOT if price lose the support trendline of the red Bearish triangle
DOT is able to break the resistance area and now retesting it. We will see the next leg up if DOT is able to hold above the resistance area. The next major resistance is the $23.30-$24.30 area and we may see some profit booking near this level. Use stop loss in the long position.
DOT is making beautiful up channel, that means we might see down trend soon. If DOT cant break above 20 we starting too see short. Closing below 18 is confirmation of short.
Testing/tracking elliot wave theory. Please do not trade off idea without S/L. Not financial advice. Link to previous chart: www.tradingview.com The retracement went way lower than my prediction. We're at the bottom of the red support line which would be the indication of the end of this wave (2) retracement. If this chart is to play out we cant go lower than...
Hello Colleagues, it seems that DOT has broken the descending triangle. it is good to hold some especially between 17-19$. DOT has been undervalued for the last months, and this breakout may reverse the trend especially if it will be confirmed again by a new higher high. My stop loss will be a daily close under 15$ which may lead to more drop. @ Kurd_Crypt
Hello everyone, let's take a look at the DOT to USDT chart over the 1 day timeframe. The price is currently based on the downtrend line. Let's start by highlighting the support as you can see, the first support is $ 18.27, if the support is broken, the next one is $ 17.47 and $ 16.82. Now let's move on to drawing the resistance line and as you can see the first...
DOT is now trading near the resistance of $19.1-$19.55 area. DOT needs to break this resistance to turn bullish. The next major resistance is the $23.30-$24.30 area. The local support is $17.60-$17.75 and $16.85-$17.00 area. The market is showing positive moves and we may see a breakout of $19.55 resistance this time. Wait for breakout and confirmation before...
dot is looking great to accumulate down here, could potentially be close to breaking the down trend hope u got in when i posted a week earlier
Polkadot long term accumulation phases !! Charted my views and entries !!