DOT BTC trending downwards to 4h resistance levels on the 1h
DOT / BTC was already doing a good bullish according to the long term charts. Now we see a short-term triangle drawing. It can break the lower triangle and land on the support points. Or it can continue to complete the Triangle and observe a sharp up or down movement. It is not investment advice. I just shared my opinion. THX
After a previous breakout from the downtrend, DOTBTC is now forming a wedge, despite BTC rising, support seems to hold on the lower part of the wedge. RSI is low and showing hidden bullish divergence. MACD is about to cross and go up. An increase is likely, but don't forget to set a stop-loss.
The white line indicates previous resistance. Price broke above and retested, so resistance has now turned to support. There has been a large increase in volume. EMAs have crossed confirming an uptrend. This is a long term swing trade, it won't happen overnight. Take profits along the way.
if u missed the first run for DOT try to get below 0,0002930 - 2811
As Polkadot broke all time high at $6.82 very significantly, the next stop where a major correction can be seen will be very likely at psychological resistance at $10 per Polkadot. Technicals looks perfect as the price broke a new high. See my fundamental analysis of DOT in the "related ideas". Good luck with this Ethereum competitor, Tibor
$DOT Not done ofc, Volume showing really strong levels.. UCTS printed a buy on the daily chart for the 1st time. Give it time.. 😉 #DOT
Cup & Handle Pattern Target $13.5 - $14
DOT started breaking upwards through the falling wedge, despite strong BTC push, pushing most alts in the red. Short term target of 32k satoshi.
Polka dot is rising perfectly fitting at the middle average of 50 trades for 45 minute periods retracinh at classic fib levels. 50% in next 5 days
$DOT Buy signal flashing on the daily for first time... #DOT
If it gives the chance, I will take it. DOT looking ready to take the ATH in the daily/weekly chart.
Trading suggestion: . There is a possibility of temporary retracement to suggested support line (0.0002). if so, traders can set orders based on Price Action and expect to reach short-term targets. Technical analysis: . DOT/Bitcoin DOTBTC is in a range bound and the beginning of uptrend is expected. . The price is below the 21-Day WEMA which acts as a...
Trading suggestion: . There is a possibility of temporary retracement to suggested support line (0.0002). if so, traders can set orders based on Price Action and expect to reach short-term targets. Technical analysis: . DOT/Bitcoin DOTBTC is in a range bound and the beginning of uptrend is expected. . The price is below the 21-Day WEMA which acts as a...
huge falling wedge on daily time frame Huge volume breakout Buy after breakout of the trend line
DOTBTC may breakout on 1D RSI and MACD speak potential inversion ahead