As you can see dotusdt formed a harmonic pattern with the name bullish gartley and the price is now at the extension of the trend line . The next confirmation is the stochastic oscillator is showing oversold. But keep in mind this is still in a downtrend. Risk disclaimer!!!
Look for a breakout around 16. We should meet resistance around 17-17.30... Looking to meet support around 17.
Both DOTBTC and DOTUSD are showing signs of a descending broadening wedge This wedge tends to break up to the upside This bullish assumption is further emphasized by the possible rounded top on the USD pair, which loves to break upwards once completed I have thought about longing PolkaDot, but it always goes straight to Ethereum :*( Not a bad pick though!
After the big surge in DOT since early 2021, DOT moved all the way down to test the absolute bottom vs ETH since its launch. Expecting this lower range to be the bottom and a trend reversal in the coming weeks. There's bullish divergence in the RSI and MACD. Parachain auctions will be launching for DOT in the coming weeks, this will also highly increase the...
Big chance to continue down. But, I think, the better pattern for it - squeezing near to 14.975. And only after that breakout. If we do it without it, I'll not trade this breakout. Write in the comments all your questions and instrument analysis of which you want to see. Friends, push the like button, write a comment, and share with your mates - that would be...
Hello everyone! Polkadot and many other coins are following this descending channel setup. Looks like DOTUSDT will go deeper, Current stat is poor as it's testing the previous support as resistance
Not an analyse but a constatation with VP : - Buy Dot 17$ ish - Full Rebuy 10$ ish ( if BTC Dip more ) Happy Tr4Ding !
Dot is in the consolidation phase and can hit 28$ in the upcoming days. (Launching on Coinbase Pro). DYOR before any trade. Not a financial Advice
Wycoff Accumulation is something I spent the last few days reading about since I keep seeing everyone talk about it. While I don't necessarily believe this trend will last this long - the market has been very stale and there is still a lot of fear. This model does follow the narrative of corporate accumulation as well. Tesla is very innovative and I'm assuming...
Polkadot becomes of the most improved crypto assets in the top ten. The token rallied in tandem with Bitcoin's recovery from $31,000 to $37,000. Support at $20 played a key role, ensuring that DOT did not explore lower price levels. Meanwhile, most cryptocurrencies are in green on Thursday toward the end of the Asian session. Similarly, Polkadot trades at $24...
The drop in th e [b ] Polkadot (DOT ) market by 72% in one week significantly reduced investor interest. An attempt to form a new wave of growth , which buyers began on May 23, is more like a wave of correction. If at the beginning of the growth wave formation the trading volumes were increased, now we see that the buyers' fire is extinguishing before our very...
DOTUSDT is testing the neckline of the inverse head and shoulders pattern at $22. Bitcoin has already broken out of the inverse head and shoulders , so lets see if Polkadot can follow. A break above $22 with good volume could be a good place for a long. That said, right now there is the 200MAs serving as resistance, so price needs to break through that; failure to...
Polkadot (DOT) broke down from a toppish broadening wedge last May 20, along with the rest of the cryptomarket. USD 28 which had served as support since February, was swiftly taken out by the bears. There's now 3 months worth of volume at the top weighing down on DOT. Since the breakdown, the market has consolidated into a symmetrical triangle. Given that this is...
if you think this little Shakeout will disturb Polkadot future, you are wrong. Time is everything and Fibo never lie. i want give to new comers in Cryptos an optimistic view, this Shakeout was hard for new peoples, but just normal for crypto veterans, we are just at the Beginning of this bullrun.. 90% of altcoins not even broken their 2017 ATH..we still have...
Clear price dip Great buy entry if you believe in DOT Or even if you just want some quick profit, but what I have learnt it doesn't come like that
DOTUSD is currently trading lower at the 61.8% Fib retracement level at 21.70 and we expect a bounce back higher towards the neckline resistances of 24/32 in the near term. Stop loss just below the spike low as given in the chart. So buy it for a strong bounce.
DOT/USDT looks very bullish on the daily timeframe as it looks to breakout from a 3 month long consolidation zone spanning all the way back to February. My targets for taking profits are highlighted on the chart and are situated at the following respective fib levels: TP 1 at the 1.618 fib ($61) TP 2 at the 2.618 fib ($82) TP 3 at our final target just below...