I see this flat, tight range of trading will lead an explosive move
Think of it like the bull move is gaining momentum every second price is accumulating within this tight range (rectangle)
This could be a pretty big move
DOTUSDT - Intraday - We look to Buy a break of 39.41 (stop at 37.86)
Daily signals are bullish.
Pivot resistance is at 38.30.
A break of bespoke resistance at 39.00, and the move higher is already underway.
We look for gains to be extended today.
Our profit targets will be 43.91 and 45.61
Resistance: 39.00 / 42.00 / 44.00
Support: 36.00 / 35.00 / 33.50
The buyers were not strong enough for only $ 1.5 to test the mark of $49.7. This mark was the target of our previous DOT idea:
Buyers managed to break the triangle up, which significantly raised the mood of investors. The new all-time high has been...
This pair made a pullback move from the top of 48.32 USDT to 26.62 USDT in the middle of April. Now it started an up move that seems to consolidate its way to new higher prices. If the price breaks the minor resistance marked on the chart with a sharp move, we can expect Polkadot to go into new highs territory. However, a deeper pullback to the blue trendline or...
Don't Flame me yet! i just want to tell you that this chart is a JOKE because of course Polkadot won't reach is old ATH in few weeks lol!
So what is Polkadot and why i made this chart ? it's simple. The price falled cuz the DOT Token got a redenomination from its original sale on 21 August. ‘New DOT’ will be 100x smaller than ‘DOT (old)’. Therefore, the DOT...
Next week there will be the polkaDot conference, which could spark a rally on the DOT token. Unfortunately, it's the worst timing ever to play this trade since both bitcoin and ethereum are beginning a correction.
So risky trade, best idea is to plan several entries in case the market as whole takes a dump. If market doesnt crash, the road is clear for 60$. This...
I’ve been watching this coin for a little bit trying to decide if I should jump in or not, now I know it should be correcting soon. BUTT what if it’s not Im simply wondering if anyone sees the double bottom that’s formed up right now. Long as it doesn’t turn into a head and shoulders, this jump will be nice. My question is does anyone have any tips to catch an...
DOT (Polkadot) is fighting to defend the major support area, established since February 22nd - 26 USD level.
Failure to stay above it can take DOT to the next weaker level of 20 USD, following by 16 USD main support area.
In case of breaking up from the bearish channel, DOT would need to confirm by closing daily above 32 USD.
As always, lots will depend on BTC...
#Polkadot - The sym. triangle is accompanied by decreasing volume. This confirms the price behavior in a triangle. A sustained breakout above $45 could result in a trend continuation with next price target at $55. The RSI is also falling and must avoid losing the 48.5. $DOT