This is a one-hour chart. As you can see, Synthetix was taking a beating along with much of the altcoin market only to fall off a cliff a day ago. I'd refer to this as a black Friday sale on SNX! If you missed out at that price, you likely missed out forever. Now, Synthetix Network Tokens begin their long climb out of this hole on the heels of a multitude of SIPs...
Expecting the price to make another leg to the upside way above buy side liquidity (BSL) printing probably new ATH's. We are in a bullish market structure, price just made a retracement move back into bullish orderblock h4 + imbalance fill near 35.00 which is a psychological barrier for this cryptocurrency. Always use stops and control the risk !
The market has been following a bearish trend for the past few weeks as the bears have been securing wins consecutively. The price underwent a significant decline in the last 24-hours as well because of the sudden rise in bearish momentum. The latest downtrend has decreased the coin value to $34, which has left a pretty negative impact on the market value of DOT/USD.
#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
DOT has been decreasing quickly to $34. Next, I think it will weak retrace to $43 then drop to $30 rapidly. Wait and see
This one is going to surprise you i promise you, if the GREEN ZONE that i marked HOLDS, you'll see #DOT is going to achieve the RED LINE imagine 64$ DOT! if you wanna get in any positions on this one ,PLZ manage your RISK & Capital! LONG ONLY, 3-5% Of your Balance!
56% from all time high is a steal! Polkadot is a phenomenal project in its parachain auction process. I will be adding to my long-term bag here.
Polkadot could settle up another ATH, right now which is at an important level to hold.
BINANCE:DOTUSDT when dot brock the 37.47 USDT support the chart is invalidate
POLKADOT seems to be respecting the trend lines Along with the fib retracement bullish target at $72 If history repeats itself Let me your thoughts in the comment section
Bottom of Inverted triangle holds + downtrend channel breaks = the next uptrend wave start. Might be that simple :)
- POLKUSDT can be found on Kucoin - This is one of my favourite projects which I have been holding for a while now - Huge bullish volume pushed price up to key zones which has been followed by a sizeable correction - Good dca opportunity from this current key zone marked
Binance: Comp buy / long H4 Entry: 276 SL: h4 close below 208 TP: 515 - 518
parachains are coming, everything is ready, can't wait to start the journey to the moon polkadot
Polkadot has made some good moves to the upside. The current resistant shows signs of getting a deeper retested before the big pump on DOT continues. But I do See mini bounce along the way. Dot is still sideways around a strong resistance I showed clearly in the above video. Thanks for watching and Happy Trading
DOT ig so strong look how much SUPPORTS are there as the WEEKLY & DALIY ORDERBLOCKS there is a box as MPL & OR (Origin of the impulse move) we blieve PRICE must reach the MPL LEVEL at the close & start RALLY again! price allways back to the ORIGIN! for the BIGBOYS to sell at the DISCOUNT! helped by... (RTM & ICT METHODS & SMARTMONEY CONCEPT & ORDER...
I think Rose is the next gen of blockchain aiming to transfer between Dot and Eth. Private and scalable. Good to have and monitor.