Once it completes Head and Shoulders it may drastically tank, depends if it breaks Resistance
Good growth with Polkadot after that big dip. However the 4 hour trendline is proving a strong resistance. Good EMA, good trade (sell) volumes.
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
target is 77$ it is very simple chart and free gain for traders
Polkadot, a strong project which has been consistently delivering on technology and community updates since it's inception. Accumulation zone & take profits defined as per Fib.
Today price tested the important key level 36.790. I expect some movement near this level. It will be a great breakout pattern. Buy after breakout and retest. Now I see a more long position than short. Because of that, I think we'll come back to the accumulation zone soon. Write in the comments all your questions and instruments analysis of which you want to...
A break below the $26.50 support will complete a large head-and-shoulders pattern, which could signal the start of a deeper correction.
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 updated and nothing should have stopped the DOT price. However, on April 17, in just 24 hours, sellers...
Dot has been in consolidation for quite some time, and it is one of the superior cryptocurrencies that has an actual use case as far as fundamentals are concerned. And it has barely moved the needle over the last few weeks. It definitely has all the signs of a wyckoff accumulation phase though, and it seems like we could have some very impulsive moves as it just...
My Buy Zone and Target for Polkadot DOT/USDT (Not financial advice)
Hello, Traders! DOT completes a phase of local consolidation before entering a new price range Entry can be sought in the range of $43.25 - $45.25 Stop-loss can be placed under the price level of $41.35 Trend targets $49,57 $52,73 $54,68 Good luck and watch out for the market P.S. This is an educational analysis that shall not be considered as the...
No outstanding increase in recent weeks in compare with market. It seems DOT is more near to breakout.
DOT seems to be springloading for a massive push to the $50 area. EMA is positive, price holding above. Good buying right now.
We see a massive uptrend on DOT/USDT pair. Polkadot disrespected Bitcoin today's dump! DOT is strong as hell. We are bullish!
DOTUSDT has created Double Bottoms and completed a strong bullish breakout. After the breakout, we have seen throwback from 37.71 the broken zone and now waiting for trading volume to open a buy trade near 45.00 to 47. NOTE: Only buy when you see volume in the Circle. Otherwise, the setup will be invalidated. Buying Zones BZ1 45 BZ2 47 Stop Loss 37.15 Short...
The price has consolidated above the key level. It created a local downtrend line. If price breaks this key level, it will be a great opportunity to go up. I'll say it again, I think, the coin has powerful potential. Write in the comments all your questions and instruments analysis of which you want to see. Friends, push the like button, write a comment, and...
After reachig all time highs, Polkadot fell back. Now we're seeing a formation looking to break that lower points. EMA is strong with price holding above.