DOT has gone sideways to consolidate the 4.25-4.5$ zone. Now DOT is ready to conquer the 5$ zone and will rise sharply to 6.5$ or even 8$ in the next few days.
If it continues to fail to break the 5$ zone, DOT will fall to the 3.5$ zone
📈BUY- LONG
-Buy half close to 4.25-4.5$
-Buy half close to 4.75-5$ if A, stoploss if B
📉SELL-SHORT
-Sell: 4.75-5$, stoploss if...
Technically if #polkadot can broken 5$ : we will see 5.56 for the first TP1 and if it breaks this price ' we will see the peak of price again for TP2 and This will not be out of reach. SO the #polkadot family have to push it up and #Gavin_Wood must work harder than ever.
There is a few resistance and support but reactions of polkadot to support and resistance...
My Fellow Crypto Traders,
Appreciate you taking the time to view my analysis in which I hope you may find beneficial. Please be sure to “LIKE” if you indeed find my analysis useful and/or find my analysis intriguing.
Cheers & Happy...
My Fellow Crypto Traders,
Appreciate you taking the time to view my analysis in which I hope you may find it beneficial. Please be sure to “LIKE” if you indeed find my analysis useful and/or find my analysis intriguing.
Cheers & Happy...
My Fellow Crypto Traders,
Appreciate you taking the time to view my analysis in which I hope you may find it beneficial. Please be sure to “LIKE” if you indeed find my analysis useful and/or find my analysis intriguing.
Cheers & Happy...
My Fellow Crypto Traders,
Appreciate you taking the time to view my analysis in which I hope you may find it beneficial. Please be sure to “LIKE” if you indeed find my analysis useful and/or find my analysis intriguing.
Cheers & Happy...
My Fellow Crypto Traders,
Appreciate you taking the time to view my analysis, in which I hope you may find it beneficial. Please be sure to “LIKE” if you indeed find my analysis useful and/or find my analysis intriguing.
Also, I’m new to charting game and the crypto/stock space. So, if you have any constructive criticism or tips, please share.
Cheers & Happy...
For the last two months consolidation continues on the DOT/USDT chart, which is approaching its completion.
The trades delta in consolidation is negative, there are 12% more sales than purchases, and it shows that sellers are now more aggressive.
But anything can happen in the crypto world, one piece of news can radically change everything.
If the price...
My Fellow Crypto Traders,
Appreciate you taking the time to view my analysis, in which I hope you may find it beneficial. Please be sure to “LIKE” if you indeed find my analysis useful and/or find my analysis intriguing.
Also, I’m new to charting game and the crypto/stock space. So, if you have any constructive criticism or tips, please share.
Cheers & Happy Trading!
- Currently number 9 coin on coinmarketcap. I don't really understand, very overpriced in my opinion.
- False breakout last day above 2 previous highs with no continuation to the upside.
- You can buy this coin for a cheaper price in the future.
- 2 USD is the target.
If you want more of these ideas, please hit the like button and follow me, so you don't miss...
it's always very difficult to analyse new coins because more we can back in the past, more it's easy to find supports and resistances.
Dot is still performing a good come back as you can see by his multiple bounces on a forming uptrend Line. Like always the King is controling those coins by his dominance so you always have to check BTC before entering a trade and...
BINANCE:DOTBTC is one of most-promising projects that had a huge rally when it was listed on major exchanges.
Huge gains were made by shorting it until now.
Bullish signals we can see on daily chart of Polkadot that will reward you with nice profits once we break the downtrend.
Risk: 5
Reward: 8
Trade idea. Possible inverse head and shoulders in the making.
Price successfully reclaimed and retested 200 EMA on 4H and currently holding above 20 EMA as well.
There is also hidden bullish divergence in the making.
A successful break and retest of 4.44 level may indicate continuation with a potential profit of 20%.
Everything on the chart.
Have a...
