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We have to see if we can get support and ascend at 37.03386624.
If it falls, you need to make sure you get support at 33.86828748-34.95353422.
If you fall in the...
After a major dump towards a very oversold area; DOT is ready to reverse upwards and is gaining momentum for a new ATH.
DOT already broke back into the triangle and formed a small cup and handle with a target of 38$ but I expect more to come once its there...
See chart for targets and links below for other alts that will fly this week!
IMPORTANT: this is not...
Updated previous idea on the DOT bull run-consolidation-bull run-consolidation pattern.
Adjusted the fib time series to better match earlier data series. This adjustment fits the current consolidation period much better.
We are at the end of the current fib time zone which corresponds to a consolidation period. So if the pattern holds, we can expect a bull run...
Polkadot hits a snag under $35, abandoning the upswing to highs past $40.
DOT seeks support at the 50 SMA on the 4-hour chart while trying to avert declines under $30.
Polkadot had staged an impressive recovery on Monday, extending the bullish leg from the recently formed support at $27. The token hit highs above $30 and pushed for gains beyond $35. However,...
BUY: 34.6 – 36.72
TARGETS:
1) 42.00
2) 46.5
3) 51.00
STOP: When a 4h candle closes below 29.00
Rationale:
-Price has been holding well above the 200 EMA for most of the uptrend, and has just recently tested this level.
-The 200 EMA is a strong support level and price reacted to it well, bouncing back up above the 100 EMA.
-Price has been compressing in a pennant...
DOT/USDT forming very bullish pattern
Polkadot ecosystem is growing - new projects are released.
KSM has made 530x and is showing phenomenal growth this token from this ecosystem. There will also be a new interesting project acala.network
Best regards EXAVO
As I said in the Bitex group on March 7, Dot had the potential to break the triangle and start a good uptrend and there was strong support for it and as expected the triangle broke up.
Also, we have already given a buy signal at 29.5 to 32 at the peak of Bitcoin heavy correction, because we can and we do it 🔥
Now I expect that we will finally have a correction...
Long position, I think bitcoin is going to head back to previous all time high Sunday or Monday and perhaps break out in to new highs, dot was rallying on kraken the other day by it self, it has been in an extended accumulation phase and I feels it. Gotta go to work >< GL!
Hello?
Dear traders, nice to meet you.
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We need to see if it can rise along the uptrend line (1).
If it falls between 27.211-30.122, a Stop Loss is required to preserve profit and loss.
The next...
DOT was making a pretty good triangle. Unfortunately, it broke down today and yesterday.
We can see it even broke down pretty good support which is now acting as resistance.
Hopefully, we can stay above the support area at 28-29 USD. If not we could even dive into another support which might be 18USD.
Maybe it can jump back into the triangle and move further. We...
Will add more details soon, so far the chart should explain everthing. You can check out my previous DOT trades and the setups similar. I will add more info for everyone to follow soon. Cheers!
Hello Traders Investors And Community,
Welcome to this analysis about Polkadot, we are looking at the 45-minute timeframe perspective, the recent events, the established formational structure, and what we can expect in the upcoming times. Polkadot on the more global perspectives is moving in a sideways channel from which it will show the conclusions sooner or...
You will probably know it's time to move from Kusama to Polkadot when Kusama hits the top 10 in crypto market cap.
Or dynamically move into polkadot before the polkadot parachain auctions start.
I wanted to go much much deeper than just price here but let me know if a deep dive into KSM value is desired. Thanks
