In a previous idea, we recommended buying DOT after a breakdown of the trend line. But the breakdown did not happen, the price corrected even more. In doing so, the price corrected 55% from its local high and there were huge liquidations.
It's worth noting that there was a huge volume at the bottom on each fall. This is a good signal.
In case of a false breakout...
Polkadot is showing us clean price action and the buy zone is evident. We are currently in an ABC correction and anticipating the end of C wave shortly and the start of the next impulse.
We have the 0.88 fibonacci supporting our buy region as well as the double bottom.
- Watch for bullish pressure at around the $10 region
- Enter when there's a...
This week is very good opportunity for adding more for long-term investors who are interested in best blockchain projects.
POLKADOT just touched YTD AVWAP.
Buy now or Cry later situation! Just kidding
DOT USD chart does not look good for POLKADOT. But the RSI shows it is oversold and we are also hiding pretty strong support. I expect the price to go higher at least to $32. YOU should not go all in until we break up the bearish TL.
Hello and Welcome to my idea about DOT / USDT .
If we take a look at chart we can see how price just test all factors for start investing.
Price just pick 61.80% on fibbonaci. In the same time RSI is in the over-sold area and that means we can buy.
In my opinion next targets will be 32,38 and after 37,38.
Enjoy and see u next time.
#DOT/USDT TA update :-
$DOT is good potential for Long term.
Now Support 1 ✅
BTW 400% did from our first Entry.
And 130% did from 2nd entry.
Now I am buying some and if more dip I will add more around $28
Target still $100
If $35 support break then next Price we can see around $28
Support :- $35/$28/$24
Resistance :- 48
Polkadot (DOTUSD) is one of the few cryptos along with BTC, ETH, DASH and SOL that has hit its standard 1st wave target and thus, continues to maintain its potential to hit 583 and eventually 1779!
In the near-term, we have pulled back again in not only in DOT but across the crypto sector. But with this pullback, DOT appears to have a very clean 1-2,i-ii setup...
Interesting question ?) Let's look for an answer together.
In the comments below the idea, write your thoughts: what is the fundamental news and development plans of Polkadot network that can lead to such a powerful growth of DOT token value?
Our TA tells us that if buyers manage to keep the DOTUSDT price above $14-18 by the end of 2021, that would be a...
- Let me be clear on Polkadot, we didn't break any up trend while BTC was dipping.
- As you can see on the Graph DOT bounced on his trend (White Line) ( Actually EMA100 / 1D TF).
- Acala Network Won first Parachain.
- Second Parachain Round just started.
- Don't forget that Polkadot huge ecosystem, not same as Solana (Smaller), it will take more...
Now, Polkadot has successfully left its past low behind and is set for a moderate rise in the area between $43.80 - $52.76. However, the price should then start another correction and move to the bottom end of the green zone. Finishing this movement, there is plenty of room on the upside, where the price should push through the resistance at $55.3767.
- Polkadot - DOT - Rank #8 -Coin
- Polkadot is strong on the daily timeframe , as we can see.
- The price broke out of the bullish falling wedge and now is unstoppable!
- On the daily time scale, we can spot a huge blue parallel channel , which acts like a support and resistance .
- Target top of the chanel or 1:1 fib extension on the daily chart .
I will enter this long above the weekly resistane of 3.35. It has been consolidating in this range since October 16
Entry trigger 3.35
1st target 4.40 zone
Invalidation day close below 2.50