Polkadot has broken out of triangle formation, as the downtrend line has been broken to the upside and currently is testing the upper level of resistance area from 4.50 to 4.63$. I expect Polkadot to hit $5 today or tommorow, which is TP1, 9% from current price. TP2 is $5.33, 15%. Good luck with this trade! Tibor
A possible scenario after the tough resistance created above .49 After this scenario it would be profitable to wait.
The fall of the crypto market did not bypass polkadot either. After losing $5.5 resistance it keeps falling and currently testing $4.5 support. If we close below the next target is $3.8. The worst case is that the whole pump will be retraced and we'll back to $2.5 Two setups I see here: * Scalp short from the previous support break at $5 * Scalp long from...
When DOT was above $6,2 , here i shared that DOT will make a correction and fall to $4,5 -Now this target has been successfully succeeded and DOT will start rising from this poing and its support level is $4,6 It's getting ready to make new ATH above $7 . After coin market cap showing DOT in the top 10 ithis will bring new investors to the DOT . We may see...
BINANCE: DOTBTC -The ascending triangle pattern broke to the downside -Confirming a bearish downtrend is on the way -There is an incoming bear cross of 20ma>50ma -The momentum priority is downward and the target below around 38k sat -If you have a position since the start of trading -Please take profit and trail your stop loss
About Polkadot Polkadot is an open-source project founded by the Web3 Foundation. Polkadot is a sharded protocol that enables blockchain networks to operate together. The DOT token serves three distinct purposes: governance over the network, staking, and bonding. Source: Coinmarketcap.com Website: polkadot.network ------- Polkadot (DOTBTC) is new and we have...
Polkadot is sitting currently on uptrend, bounced of strong support level, and shown a very good lookin 4h candle close! I expect this coin DOT to have a strong rally to $6.8 which is exactly 13.33% from current price of $6. The Second take profit is below $7.5 and that's a 25% profit. And one question to my followers, do you prefer shorter and more analysis or...
*** this is a continuation of the previous post, link below *** This also applies to the BTC pairing. Cheers, S.Sari
We can see from the DOTBTC chart above that DOT's rise has been on a step up approach. Essentially rising a lot, taking a breather and then resuming the rise again. This sharp rise looks set to continue as more and more projects are coming out on the Polkadot platform. Given the rise of the previous step ups (around 50%) we could expect the next step up to...
Don't Flame me yet! i just want to tell you that this chart is a JOKE because of course Polkadot won't reach is old ATH in few weeks lol! So what is Polkadot and why i made this chart ? it's simple. The price falled cuz the DOT Token got a redenomination from its original sale on 21 August. ‘New DOT’ will be 100x smaller than ‘DOT (old)’. Therefore, the DOT...
BINANCE:DOTBTC is in a perfect range to enter at this small dip , gorgeous triangle is being printed ready to further pump.
in a bullish pennant with bullish divergences on the 4H. needs to break above 0.000555
DOT seems to be settling around the $5.99 support level, but will likely dip if/when BTC drops further. Here's an updated chart with the other major support areas marked. In case you're not familiar, CMF is Chaikin Money Flow - a useful indicator for determining breakouts and relative amount accumulation vs. distribution. As you can see from the chart, the price...
correction is a must..lets see how much lower it will go first. Anyway, Kadena is a DOT ecosystem.. it is BOOMING now ..look at my other ideas for $KDA.. $KDA is a hidden gem. fortune 100;500 companies already using it. but only 20mil market cap only. this can go x20-x50 long term.
Hey, I am back with another Crypto Analysis, focused on Polkadot. Intro. Last time I was making an analysis on DOT, I was pretty bullish on it and bought at $4.35, which is not the best entry, but remember the point of making money is about to be, able to take your profit at a good level ! Today I took profit at $6.5 and rebought at $5.8, which is...