Polkadot
POLKADOT ANALYSIS As you can see, it is a bulish market for #DOTUSDT !! Weekly TIMEFRAME !!
Weekly TIMEFRAME
Dot, did not have a good rest because of the intermittent parachaine auctions .
But for now, two scenarios can be expected:
1. According to Trend 1 : it broke its previous resistance, then the resistance has become a good support, so far it has pulled back to its level. If bitcoin does not fall, this pullback can be considered as a sign of continued upward trend.
2. Trend 2: If Bitcoin corrects, dot can also breathe a little fresh air and correction to the Fibo level of 0.3.
This is not a buy and sell offer. Pay attention to the word stabilize and do not enter into a trade in a hurry.
DOT: We are just below WEEKLY Pivot Point. Opportunity is here!The DOT / USDT price is just below Pivot Point Weekly, which is a very strong level.
If the Pivot Point breaks, it is possible to open a trade in the Long direction.
If the breakthrough is rejected, we trade the Short position.
Point Of Control levels, which show fair market prices, are also important.
The opening of positions will also depend on trends, so we need to follow the rules of our strategy. We are the traders, not stupid gamblers. Patience is the key!
Happy trading, Alex_UCT
DOT Exchange Trading Idea 22-01-02Last week we were looking for price to break above the 50EMA which it didn't. Currently back in the middle of the 50% zone so really not a decent sign of price going back up. The price is still a good price for DOT but the issue with getting in now is that your capital may be tied up for longer than you want in order to get your % gains.
PlokaDot Weekly TradeBuy in spot, dont use lev,
Buy below 30usd
TP= 50+
Trade aiming at the weekly time frame (not fast food)
DOTUSDTAs you can see there is a CUP & Handle pattern is under formation. Plus Price has just popped up from downward parellel channel.
If C&H pattern complete formation and break it from the neckline. Next possible target could be around $42.
Note: DYOR
DOT 4H ViewAs you can see price is on a very important level and I expect to see a bounce back from here but if BTC goes below 47K then this analysis will be failed.
DOTUSDT-LONGBased on technical factors there is a long position in DOTUSDT Polkadot
DOTUSDT Polkadot
Score 1️⃣
🔵Long Now or set on Key Level 28.50
🟢Target 1 30.40
🟢Target 2 32.00
❌Stop loss 27.70
#K_Level
Every signal has a score from 1 to 5, so accordingly adjust your risk for each signal. The signals with the score of 5 are the most probable ones.
Please support our activity with your likes and comments.
#Polkadot´s 4 tasks on the 4h chart... #DOTPolkadot´s 4 tasks on the 4h chart...
1. breakout of the resistances on RSI
2. keep the MA Ribbon bullish (green)
3. clearly break the volume resistance
4. confirm breakout(s) and have fun 😎
What do you think?
Drop me a nice comment if you'd like me to analyze any other cryptocurrency.
*not financial advice
do your own research before investing
Polkadot breakoutThis is my idea about DOT (short term)
- Downward trend broke then a pullback
- Hidden divergence on daily chart
-After each resistance breakout there will be higher target
Dotusdt weekly chartDotusdt is making head and shoulder on weekly time frame. Right shoulder is in the process of formation. Its early to predict but this is most probable chart. So interesting to see what happened .
#NFA #DYOR
its for learning purpose only.
DOT BREAKOUT ICHIMOKU, TREND, FIB TARGETS AND SUPPORTBINANCE:DOTUSD
Polkadot Breakout
DOT broke out of pattern ahead of BTC, getting support from daily trend.
If breaks (daily trend) down here are the targets..
ICHIMOKU CLOUD
DOT is getting supported by the cloud and if DOT stays on top of it for a bit longer, the cloud will turn green creating immense upside pressure.
Also the ichimoku cloud, lines perfectly with Daily Trend acting as support.
Any price below 25$ is basically a steal..
BTC DOTUSD DOTUSDT
