There is a potential rise in POLKADOT "DOT" that can make it reach $ 100 USD. The news is that the Polkadot parachains are going to start and the project I won is going to be blocked Polkadot for 1 year and 8 months, which would mean less supply "Law of supply and demand".
Dot moving in potential rising channel.
Kindly follow the suggested BUY zone on the chart
It will be good to always understand risk involve in trading. Always trade with stop Loss in place.
Set up an entry/exit strategy for every trade, with good risk/reward ratio. We wish everyone success.
Polkadot is an open-source project founded by the Web3 Foundation. Polkadot is a sharded protocol that enables blockchain networks to operate together. The DOT token serves three distinct purposes: governance over the network, staking, and bonding.
Polkadot (DOTBTC) is new and we have...
Hello and welcome to this quick market analysis
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With the current structure on USD pair, it is safe to say that the bottom for Polkadot is in at $37, and now if you look at the BTC pair you can see that we broke below the triangle BUT I forecast that this break was a bull trap.
In the near...
As I've stated in my recent posts, I think we're inching closer to peak market euphoria for crypto. Does this mean I think the top is in? Not necessarily. But it does mean that my bias is switching to selling, rather than buying. As I dollar-cost-averaged in during the bear market, I plan to scale out soon. I think this current crypto bubble is much more similar...
The DOT/BTC price came back down to support near the 0.0007650 area. This brings an opportunity for entry, to ride the next wave to the upside.
I am not a proffesional trader or investor. I post my ideas and analysis for fun only. This is not financial advice.
Watch BINANCE:DOTBTC which formed double bottom on a support area,
followed by impulsive move up and higher lows,
The next move up may retest the all time high.
Don't forget to manage your risk! 👌
Good luck and trade with care 🙏
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Disclaimer: This information is not a...
Teacup and Handle pattern on the daily chart. Initial breakout upside of 35% bringing Dot to resistance of its ATH against BTC. Long term upside of just over 100% bringing Dot to the top of the Parallel Channel.
Neuro-Fuzzy AI observed Ascending Triangle.
It's a bullish pattern.
The price has just hit the Support trendline.
At the same time, BTC entered the resistance zone.
Here AI expects BTC's growth to slow down and alts to shine.
We call the future price to reach 0.00075.