DOT is going its own way and strong position on the market allows to avoid more influence of BTC on DOT, we will see if the near future will also be the same
According to technical analysis DOT have a perfect potential to make new ATH and growth. Potential Targets are marked on the chart. Write your comments and don't forget to like.
DOT is trading within a tight range after bouncing off the psychological level of 40 earlier in the week. On Wednesday, the altcoin has been on a rebound for two consecutive sessions. Subsequently, it hit an intraday high of 45.53 on Thursday before pulling back. On a three-hour chart, it is trading above the 25 and 50-day exponential moving averages. In the...
Polkadot Update 20/10/21: 11% away from ATH @ $49.45, the next Target $73 @ 161.80% Fibs. Happy Trading Polkadot Update 19/10/21: Bullish Bias still holds! Please See Previous analysis below. Buy Signal from Script triggered on the 1st August: Fast EMA Crossover Slow SMA . Confirmed reversal, Polkadot Buy Signal from Script triggered: EMA Crossover SMA just...
Polkadot Update 19/10/21: Bullish Bias still holds! Please See Previous analysis below. Buy Signal from Script triggered on the 1st August: Fast EMA Crossover Slow SMA. Confirmed reversal, Polkadot Buy Signal from Script triggered: EMA Crossover SMA just below the 23.60% fibonacci level, 43% gain from here to retest the 200 MA. Use buy zone to map your buys....
It’s natural to be hunting for appealing investments inside the altcoin market right now. Once market leader Bitcoin scales to a new ATH, alts might be waiting in the wings for a rally in their very own. Now Polkadot makes a robust argument that its anticipated leap could come sooner than most of its peers, attributable to bullish market conditions.
Hello everyone ! Today the Black Cat Trader is analyzing DOT based on a weekly chart. What we can see : - A nice Cup and Handle pattern has been printed on the weekly chart. We can see that prices recently broke the neckline at 37.80 $ - Using the pitchfork (low : 3,60 high : 49,78 Low : 10,37) we can see that prices are stuck between the median...
Targeting the 1.272 Fib level which is placed within a parallel channel that can be developed DOT has been acting very bullish lately Hence the chart
Today I took a look at the Polkadot chart. And as usual I first looked at daily chart. And what I found? There is a huge resistance at approximately 38-39$. So far, DOT has had a lot of trouble breaking through that resistance. However, when will DOT successfully breake this resistance, I expect explosive growth. Especially in anticipation of the upcoming...
DOTUSDT Technical Analysis Update DOTUSDT currently trading at $34.55 Broadeneing Wedge Long Entry: Above $34.70 Stop loss : 33.45 Target 1 : $35.45 Target 2 : $36.20 Target 3 : $37.00 Max leverage : 2x Always keep stop loss
This upward cone has formed with two distinct formations within it the first expanding, the second contracting after these formations finish bullish action is experienced (in green) And we have just finished the contracting formation (green) also see chart below
DOT broke out of our triangle pattern that has been forming since late august. We can see a strong bullish candle just tapping the most recent resistance level. If it closes above I will consider that a strong entry point. We can also see the 50MA curling up and looking like it's about to form a golden cross. Volume seems to be increasing as well although there...
DOT currently looks stable and whether it will grow strongly only depends on BTC and its impact on the rest of the market, BTC has the biggest impact on the rest of the cryptocurrencies
A falling wedge and a current rising megaphone I expect .786 fib level to hold and a breakout above the megaphone will occur 0.5 showed great support
Dot Trend and the most probable resistances are shown as above. Note : this is only a personal idea.
Hello! I hope you are doing well. DOT:USD(T) in September shows divergence between RSI and Higher Highs in chart. It is already in the tunnel it entered February this year and left in May. These are very strong support/resistance lines and were tested over and over again throughout these months. With Polkadot/Kusama Parachain program the price can mean both -...