DOT reversed from $5.88 into a bear channel on November 11th and had three pushes down that ended 10 days later. This point of impact included contact with the 200EMA which resulted in a large bull bar closing near its high. So is the bear channel over and this bull flag play out?
How do we trade this?
The current price area is crucial to whether or not we long...
If you thought the bears in this market went into hibernation you thought wrong. This is a clear correction, but the idea that the bulls have this market is simply repugnant. From where we are you can see that there was a point in previous structure where there was some crazy wick action which indicated a vector push to the downside (highlighted in the white...
Bullish Breakout Rally: DOT price shows a bullish breakout, reclaiming the $5.50 mark.
Positive EMA Crossover Event: The bullish influence on the 50-day and 200-day EMAs suggests an upcoming positive crossover.
Potential Price Jump: A successful move beyond $5.50 could propel DOT price towards $7.
Strong Comeback in October: DOT experienced a significant...
Heading out of the range before the others?
She has been winding up!!
I bet a lot of people walked away in the last two days with the price action.
What are I going to be wearing on the beach???
Yep you guessed it POLKAdotS
THIS IS NOT FINANCIAL ADVICE. ITCAN GO TO ZERO!!
This chart are update from my previous analysis.
Right now DOT still channel up pattern, and already touch fibonacci support at channel up support, and broken channel down pattern with a strong candle.
Bullish will continue to reach previous resistance at $5.74
and we also have new bullish target at $6.41 as fibonacci 1.618 projection
*I draw path line, if $5.74...
DOT broke out of its descending wedge pattern last week with a bull bar closing near its high, a strong breakout bar. Since then, the price has pulled back to the 30EMA, but will it hold?
Bitcoin is currently pulling back from its Weekly bull channel resistance as depicted in my Bitcoin 4HR and Weekly analysis. DOT will likely follow its lead with the broader...
Polkadot still solid inside channel up pattern, this is a great progress for bullish.
This week DOTUSD try to break resistance 1 level, but it failed and almost reach channel up support.
Target from channel up support at resistance 2 at $5.06 with maximum target at resistance 3 at $5.69
If channel up pattern break down, Polkadot still have fibonacci support at...
I have a portions staked and plan on buying more but I am happily going to swing trade the portions I took out of the market.
I saved myself from some major losses of gains and I PROTECT MY PROFITS!!
I want you to protect your profits.
Plenty of people that were long term investors of all crypto were shaken out.
They went long or short 5 min early or late & missed...
Support around 5.15
Next important resitance around 5.5 near .786 Fib
If it can close above and hold then we can see move towards 5.7
Seems to hover around 5.2-5.4 past few days
PolkaDOT has a lot building around it!
Lots of news & hype is coming.
EverythingAltcoin on youtube has a great video posted up today. You best check it out and give him a follow!!
I believe we will see a new ATH with DOT and Cardano ADA will also be at a new ATH this cycle.
None of my work is financial advice it can go to ZERO
Weekly chart & I will publish a Daily to show my Idea zoomed in.
PolkaDOT and Cardano ADA now are working on a partnership with Midnight is in the news.
This is the hype I believe, when the link is made I believe that will be the sell the news event.
Swapped some things around and picked up some more DOT & staked it in the last few hours.
Please bounce your ideas...
