Hello guys! There is an ending diagonal pattern being formed on Polkadot and DOT is near resistance, there is a clear sign of buyers exhaustion, hence wait for a breakout of the dynamic support and short it. The price trajectory on the chart is just an assumption, wait for the pattern confirmation to go long.
Polkadot can be a good buy in coming day, Buy in proportions and get ready for bull run. Cheers!!
Is this correct? A bullish divergence? #Polkadot @Polkadot $DOT *** Just sharing my opinion, not an investment advice.
Polkadot becomes the fifth-largest cryptocurrency after toppling Chainlink (LINK). DOT/USD bulls are looking forward to breakout above the ascending channel. Polkadot has grown massively in the last two months to the extent of displacing much older coins from top positions in regard to market capitalization. Over the weekend, the token surged above the...
as per chart. Reference A.Chart
Polkadot has broken out of triangle formation, as the downtrend line has been broken to the upside and currently is testing the upper level of resistance area from 4.50 to 4.63$. I expect Polkadot to hit $5 today or tommorow, which is TP1, 9% from current price. TP2 is $5.33, 15%. Good luck with this trade! Tibor
The difficulty here comes when one considers that we do not have the type of data that we have at our disposal with other cryptocurrencies that have charts going back years. So, to say to what extent DOT is bound to the move(s) of the market is difficult. To say what direction the RSI will turn next is also difficult, but I put forth the idea that the RSI (at the...
BTC dipping has formed an inverse head and shoulders for $polkadot.
The fall of the crypto market did not bypass polkadot either. After losing $5.5 resistance it keeps falling and currently testing $4.5 support. If we close below the next target is $3.8. The worst case is that the whole pump will be retraced and we'll back to $2.5 Two setups I see here: * Scalp short from the previous support break at $5 * Scalp long from...
When DOT was above $6,2 , here i shared that DOT will make a correction and fall to $4,5 -Now this target has been successfully succeeded and DOT will start rising from this poing and its support level is $4,6 It's getting ready to make new ATH above $7 . After coin market cap showing DOT in the top 10 ithis will bring new investors to the DOT . We may see...
Polkadot is sitting currently on uptrend, bounced of strong support level, and shown a very good lookin 4h candle close! I expect this coin DOT to have a strong rally to $6.8 which is exactly 13.33% from current price of $6. The Second take profit is below $7.5 and that's a 25% profit. And one question to my followers, do you prefer shorter and more analysis or...
*** this is a continuation of the previous post, link below *** This also applies to the BTC pairing. Cheers, S.Sari
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...
Good day Traders Polkadot: Dot completing a final 5th within a rising wedge, expecting this one to break down and give us a 0.618 retracement before it goes into price discovery mode for a potential 300% moonshot! Both fundamentals and technicals are looking solid for this one. Should be a winner over the next few months!