polkadot last bottom zone for me is 5 dollars and I think I will buy from there if it falls. I think these two scenarios will develop, stay tuned. fibonacci levels are very important.
DOTUSD BULLISH LONG
LONG FROM (NOW): 7.749
consolidation area 1: 7.557 - 7.906
consolidation area 2: 10.843 - 11.838
TAKE PROFIT: 11.814
i will be waiting for this to continue to: 14.088
but for now, SL: 6.512
entry:7.749
take profit: 11.814
Polkadot seems to have just broken through that long descending trend line after testing this line a few times historically. There's a good area for the price to head to of recent consolidation so we'll be aiming for around 10% gains to reach the bottom edge of this area after a Buy signal from Crypto Tipster v2.
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Polkadot forming a long-TF ascending triangle on Daily
2nd bottom & re-test of the ascending triangle seams to be confirmed by:
- RSI bottomed and about to breakout (same levels as mid-july 2021 selloff)
- Current overall market reaction
- 23.6 Fib level acting once again as nice support
- MA 100 & 200 seem to re-create a similar pattern as during mid-july...
On the 20th of December, DOT/USD was near the 23.5000 mark and treading depths not seen since late August. However, in the past week of trading, DOT/USD has climbed higher and produced a solid incremental surge and is now within highs not demonstrated since early December. As of this writing, the price for DOT/USD is close to the 31.6000 level and the price of...
2 Scenario
Bullish Red brush drawing "Somewhere inside box will be ATH for current cycle"
Very bullish Green drawing
depending on channel
higher probability is red
Below 26 = wrong count
Hi guys, wait for the break if the bulls manage to support the downtrend the initial target is $ 42.94 and if the bears succeed in pulling the price down the uptrend the price will have a return to $ 38.11.
I love you. Good luck 🤍
Hi guys, Polkadat seems to be forming an inverted head and shoulder pattern and can make a good profit by breaking the neckline.
#DOT
#Dotusdt
Spot🌟
❇️ Enter : 30$ & 32$
Enter 2 : Shopping after Break August
Target : 38.3$/45.9$/55.18$/63.4$
🚸 Stop loss : 29$
Now we are supported at 26-28, This is a strong support and we are still in up trend. now is accumulate the volume, we can see a huge pump if bitcoin price is going up. So, we have to wait and see. If it break 33, i think going to 40-45 is not an issue.
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You will never know when the trend ends, on the 4H Chart, it's textbook analysis that we are trending upwards.
Until you see a rejection in more upside, and breaks the trend line, you can consider some shorts, as for now, you're good if you're long.
Take profits when it breaks the trendline on the 4h chart.
