it's always very difficult to analyse new coins because more we can back in the past, more it's easy to find supports and resistances.
Dot is still performing a good come back as you can see by his multiple bounces on a forming uptrend Line. Like always the King is controling those coins by his dominance so you always have to check BTC before entering a trade and...
DOTUSD Still looking very good.
Expecting range to tighten over next few days in Symmetrical. Both the break of the descending wedge and inverse head and shoulders give me a significant bullish bias for the upward break.
Expecting three waves up after the break, stopping for rest at each resistance point.
Taking a stab here.. but would be nice to see this...
The project being developed by DOT is sound and looks promising.
ASIDE FROM THAT!!!!
Looking at this thing on pure charting stand point. I strongly believe that once DOT starts heading north from this support level... WE ARE OUT OF HERE!! Don't get it twisted though it's going to take some time.
Polkadot has been trading under a Lower Highs trend-line since September 01. Currently the RSI is rebounding off of the monthly Support Zone, so it is possible that this is the new Bottom.
The first Lower High reached (even exceeded) the 0.618 Fibonacci retracement level, while the next one reached the 0.5. If is a progressive sequence, we can assume that the...
DOTUSD has touched the support level we published yesterday.
A break below would signal a sustained decline for DOT. If it can hold the current level during the current Bitmex exchange fiasco (CFTC sued Bitmex for being unregistered) then we can expect strong buying coming into...
FEARLESS WALLET Test released today. We are seeing a 30% move up from Kusama, Polkadot is broken open past 200 day ema, out of downtrend, and is pushing the Golden Pocket on the Fib levels. DOT's been strong compared to any other alt when btc moves at all to the downside. It's the real deal. Polkaswap coming! MILKY MILKY LEMONADE LET'S GET THIS DOT SE WE CAN GET PAID.
Just drawing some lines and expressing myself artistically. This is not investment advice. You will lose all your money if you listen to me.
Since we don't have much data on the upside, buy soon and be ready for RSI signal to sell if you are flipping coins. Hodlers beware of fomo.
Another alt to watch. Massive descending wedge broken, and sitting on support of Bollinger MA. Too new for any other analysis atm.
Seen a few people looking at the bearish descending triangle, but this has already been invalidated with the break of topside.
I usually ignore massive movements at the beginning of chart patterns, if there is a stronger trend line...
Hey everyone, I hope this finds you well. Crypto has been going nuts lately, and it sucks that I haven't had much time to cover it. School is crazy right now and trying to manage school, work and trading is tricky. Anyway, let's get right into the t.a
Elliottwave Analysis: Right now, it seems that we are building some sort of impulse wave upwards. We have seen...