Short Polkadot at 25 due to descending triangle (Bearish pattern) Stop loss: A daily close above 26. Target 21. Risk / Reward: 4:1
A comparison between ETHUSD and DOTUSD Massive upside will be seen for DOT if it plays out the way ETH did Lets see how this develops further
Folks, Polkadot has broken out of a rising trend channel.. Polkadot has a lot of strength and is a very good project.. Price will test $26.- and if it doesn't hold we will fall back the half of the white candle.. around $25.5.- before moving higher.
Trading suggestion: ". There is a possibility of temporary retracement to the suggested support line (20.99). . if so, traders can set orders based on Price Action and expect to reach short-term targets." Technical analysis: . DOTUSD is in an uptrend, and the continuation of the uptrend is expected. . The price is above the 21-Day WEMA, which acts as a...
Morning Folks, Here is Polkadot/ Usdt. This one is going strong.. we see a strong uptrend in the daily and 4 hour chart The daily chart shows us 12 days of consecutive bullishness.. in a row!! Wow that's massive. The 4 hour chart tells us we are In constructing the 5th of the Elliot impulse waves. Count the waves + the sub waves. The question is where...
Making it Quick, if BTC starts now his second BulllRun impulse, Altcoins will follow the King exponentially. Polkadot fell down to his Bottom 10$ and potentially could make 10X to a new ATH. This is the moment where you make the money comes in. Remember to manage your invest on the Run like you did manage your invests on the last Dip. Gains should be taken...
Until price is able of closing back above grey, I see no market structure break in HTF, just a retest of previous supports, so this is still bearish for me. Until proven otherwise I will look for short plays. Red X is the invalidation point.
Folks, Are we are about to test the trend line again? We see the support line in the momentum oscillator is about to be tested. The candle of the 1st test of the uptrend line is forming and when you look at the lower shadow of the candle that tells us that for now lower prices are rejected. The real body of the candle is at the uptrend line. I personally...
Market has been rising for 11/12 days without taking a break,so it is likely a small pullback before rising again.The direction of the MACD line is to cross below the signal line,indicating a bearish signal.It is possible to set a short entry at the resistance area with a stop loss above it.Target price 1 is between EMA20 and the middle of the bollinger...
BTCD was down and BTC price was up this situation indicated the altcoin will next to the bull run and you know DOT have an Event in Agust
hey guys, here i marked resistance levels for #DOT based on Fib.
Hi Folks, Wow as Technical Analysis can be really fascinating and it really is. We have it here. You know the saying; follow your gut? Well are you ready to check it... Polkadot as much as I have trust in this asset and protocol we have to look to the Technicals to see what it is saying to us.. So let's start; Trend? Uptrend we have. We are battling...
Goooooooooodmorning Folks, As I am a believer in the Polkadot ecosystem and I have positions in this beautiful asset I will give my opinion here on the USDT chart. What I see on the Daily chart for the price coming closer to resistance is not how you would like to see the price action fighting resistance.. Small real bodies with wicks on both sides not with a...
Hi Folks, I always say when you take a position in a trade and you know why you took that position than it is a good trade. Even if it works out the other way. That is always a probability.. On the daily chart Polkadot/USDT is very bullish.... The Bullish Engulfing pattern has been confirmed strongly in a low price area.. The RSI is around 40/42.. and the...
Quick Update. - if by chance DOT dip around 10$ ish, it's a free buy to charge your bag. - Check BB Bands. - Check January accumulation phase. - i will link my previous DOT analyse in comments. Happy Tr4Ding !
DOT is currently ending a zigzag correction (5-3-5), I think we are about to finish wave C of a larger ABC correction. It might consolidate around the 10$ to 15$ levels for a while before making a decisive impulse to the upside. When DOT breaks the steeper red downtrend line it might signal that the correction is over and it will mark the beginning of the new...
It's Possible, but we have to keep an eye on the CRYPTOCAP:TOTAL2 Chart.