Some possible targets and entries for better RRR . We may have more than 10x in some coins
BINANCE:DOTUSDT Hi Traders, Investors and Speculators of the Charts 📈📉 Ev here. Been trading crypto since 2017 and later got into stocks. I have 3 board exams on financial markets and studied economics from a top tier university for a year. In today's analysis, POLKADOT presents a great buying opportunity with a low risk and high reward setup. Currently...
Has Already Bottomed Out Falling wedge breakout Has Already Done Retesting In Process Incase Of Successful Retest Expecting Decent Recovery Expecting 240 to 270% Bullish Move
Potential Bullish Entry Dow Theory In Place - Higher High and Higher Low Expected in Place Formation of double bottom coupled with bullish divergence (Bullish reversal pattern) Entry, SL & TP Levels are defined.
Behold DOT, Embarking from $ 2, soaring to its zenith at $ 55, DOT boasts a remarkable 2673% escalation. Mirroring numerous counterparts in the market, we've traced five descending waves, delineating the market's novel trend. Anticipate a profound retracement to $4.5 within the local timeframe, prior to an inversion culminating Wave C. Subsequent to Wave C's...
DOTUSDT is currently trading at the bottom of the ascending channel. A very interesting buying opportunity indeed. We are certainly taking this one serously.
DOT, great potential with SEC considering labeling the coin as a commodity. When looking I feel neutral about the chart, we see a change of structure & yet not much impulsiveness during the April alt-coin rally. A test of lower support seems probable if the BTC retracement is coming in the following months and maybe even new lows.
If you find this info inspiring/helpful, please consider a boost and follow! Any questions or comments, please leave a comment! Also, check out the links in my signature to get to know me better! Been awhile since I looked at this. 2s can run together, so if you see 2 exp flats that can be a tattle tail sign of a 12,12. Unfortunately, I can also see this. Cheers!
MIL:DOT looks bullish after last crypto correction, looking for a bounce from this uptrend and a continuation to the upside. Daily 200 MA & uptrend touch confluence gave me more confidence on this long. Plus, trade has more than 1:3 RRR. Will keep updating this in here, make sure you follow me.
Past Performance of Polkadot The contraction of Bitcoin had a profound effect on altcoins, including Polkadot. The coin is underperforming at spot rates, sliding 15% from recent peaks. Even so, buyers remain in control from an effort-versus-results perspective, looking at the general performance in the daily chart. #Polkadot Technical Analysis The bearish...
Like is write in the chart, buy if the big trend is breakout or sell if the small channel is breakout in down
Time to look at my favourite altcoin and it's pretty dismal perfomance over the last year agaisnt BTC I've outlined my basic outlook on the weekly chart using candle stick closes and Log fibs. Coincidentally its touched the .886 retrace to the T. Typical sign of weak altcoins to retrace all the way back to the .886 level. I'm pretty confident the bottom for...
Comments on page Follow up from DOT/BTC idea
🔥Hi, friends! Polkadot is squeezing to the trendline and trying to break it down. I think that one more pullback from the trendline is highly possible and the breakdown will happen soon. Bitcoin feels so weak and a fall to $ 25-27k is almost inevitable, so the 99% altcoins will follow BTC too, including DOT. 📊 TRADING PLAN FOR DOT: 1. squeeze and breakout...
As the most of alts follows Bitcoin and showing a huge triangel pattern and most of them have broken out but not all. On weekly it could start breaking 50RSI and starts trending. Dot showing it could reach 20$ in May with its bull rsi div and triangel breakout.
The ETH stans dont wwant you to know bout the potential that DOT really has.
Polkadot price has rebounded within the HKEX:6 ,239- HKEX:6 ,586 range, returning to the short/medium term uptrend. Invalidation of bullish move will occur if DOT fot chasing MM200 at $6.264 First resistance level for Polkadot is $6.49, break should come at 6.59. A breakout of this barrier could take DOT to levels of $8.79. Let's see how it unfolds as polkadot...
🌟DOT has created a bullish pattern which is an ascending triangle. The pattern will increase the price as much as the measured price movement (AB=CD). if this expected movement happens, the price shall end up near 7.5$! _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ 🌍Thank you for seeing idea . Have a nice day and Good luck.