Polkadot is a nice project, it has real value behind it.
DOT ( DOTUSD , DOTUSDT , DOTBUSD ) , like all others, is cooking something.
Cryptocurrency Markets will eventually start another Bullish Cycle.
However, for that to happen, first and last: bad news and bad bad things need to happen.
Why? So that rookies will give in and surrender.
That's how it...
=== Time window ===
01 / 01 /2022 - 23 /10/2022
=== Example settings ===
Initial capital = 1000 USD
Stop loss = 8%
Trailing percentage = average amplitude of weekly price movement
Arm Trailing = standard deviation of amplitude
sell based on strategy = Disabled
DCA = Disabled
Cool down = 12 hours
=== Base currency ===
=== Disclaimer ===
#Polkadot $Dot stayed very calm recently..
breakout over Kumo cloud zone and just above year mid level..
3.4 Risk reward ratio can push price till yearly open which can give %15 profit
Please read this first !
This post does not provide financial advice. It is for educational purposes only! You can use the information from the post to make your own...
Polkadot bounced off its macro support within inverse h/s, and on the market rugpull reacted to an extent where it fell to a critical support at 17 to form this inverse h/s
idk if its me but seems like a good time to buy in, MACD boutta go bullish in almost all timeframes, and RSI is way oversold
Potential price appreciation is about 42$ x2 measured from the head to the neckline, if price breaks above, we could see Polkadot changing hands around 95$ USD approx. Timeline being used is Daily, so this could happen sometime in Q1 or Q2 of 2022. This is purely TA, and we know that cryptocurrencies does not strictly obey TA, so this is just a possibility....
Long term buy & hold on polkadot for me, so this is merely a snapshot of where the asset is now in relation to USD or BUSD as the chart I'm using. Price can still go lower, and at this point, I'm deploying a small amount of BTC on dips, rather than USD as my USD is being used for other projects currently. Also staking, and compounding. If you zoom out on this one,...
DOT - BUSD LONG
v shaped recovery pattern DONE
cup and handle pattern in process
1D Next Candle could close below EMA 50 1D, that would be a call to retest EMA 200 1D
and a perfect setup for the C&H formation!
if the price retest EMA 200 (Blue line) I am expecting to see a strong bounce to breakout our resistance zone making newer HH
if the price close below...
There has been a lot of talk about Polkadot in recent days for the new prospects regarding auctions.
Parachain auctions are an important part of the Polkadot ecosystem, reducing the circulating supply of DOT coins and potentially increasing prices.
With investors rushing to buy DOT tokens as a means of supporting various crowd-loan initiatives, the price of the...
I think we see little pullback in this trend.
We're going to touch last hights before we make another ATH.
Im bullish with DOT but always we need pullbacks. Thats how we can grow bigger.
SL = HH + atr
TP = Previous hights