Polkadot DOT - is ready to trend to $20ish? Touches the MA and moving upward. What do you think.
It is best to own Crypto than to trade on leverage. When you own crypto, you will be able to deal with the volatility better.
DOT is currently trading just below the support zone of $15.89. If it cannot reclaim this support zone, we could start seeing a drop towards the previous support zone at $14.73 and a less likely but possible drop towards $12.72. Once the supports have been established, we could start seeing a move from DOT towards $17.69, $19.49, $20.94, $22.39, $24.46, $27.10 and $34.71.
I predicted breakout from huge ascending triangle on DOTUSD. Price managed to rise above upper tl which was resistance at 18 and candles closed above, but then again BTC took down all alts no matter how strong fundamental or technical they were. I marked that ascending triangle, so you can see how was it totally devastated in the end and pattern...
lets do it again.
Bullish Ascending Triangle.
All in Graph.
i add rebuy zones in case of BTC dip.
TP : 22$
Rebuy zone 1: 14$
Rebuy zone 2: 11.5$
Stop Loss : No need for DOT.
invest wisely and don't go all in.
Herd mentality in play. When an alt goes vertical, it offers the opportunity for those who are in from much lower prices to reduce risk by taking partial profits. If you want to know how these formations usually play out, check out the price spike in OMG back in August and the more recent move in XRP. Most alts play follow the leader to Bitcoin's lead, so it is...
Hello Traders Investors And Community,
Welcome to this important analysis about a Cryptocurrency (Polkadot) recently reaching the third biggest Cryptocurrency within the Cryptocurrency market by market cap, this is a significant event because there not many Cryptocurrencies holding this place sustainably as the two major Bitcoin and Ethereum are almost...