5.85 is the .618 retracement on DOT, which lands perfectly on the support band. If you would like to make more DOT, you could stake it as well for 1 year.
Head and Shoulder Breakdown: DOT's daily chart shows a bearish reversal with a head and shoulder pattern breakdown. Crucial $6.50 Support Breached: The bearish momentum intensifies as Polkadot's price falls below the key $6.50 level, aligning with the 50% Fibonacci level. Risk of Dropping Below 200-Day EMA: If the current sell-off pushes DOT below the 200-day EMA,...
Im waiting for the breakout before entering the trade
Key Analysis Points Current Market Scenario: DOT price reveals a significant bullish trend, poised for a breakout. Performance Highlight: With a 79% increase in intraday trading volume, DOT price shows strong momentum. Technical Outlook: If DOT breaks past $8.35, it could soar to $12, marking a potential 40% hike. Market Catalysts: Bitcoin Spot ETF approval has...
Wave 1 of the 5th wave is in? This is how I am playing it. Around 8.20 is my next target for wave 2. 8.80-11 targets for wave 3. After that we could see some pain I believe. This could also flop. NOT FINANCIAL ADVICE!! Let's see that 50K BTC!!
In the daily chart, DOT is moving to the target of $19.5 after breaking its trend lines and main resistances.
I'm almost all in cash now. I have made my week! Set my buy orders in and alerts are on. Ready to buy lower prices after they exhaust retail.
After a uptrend since october, there is potential head and shoulders figure on DOT. See how 0.5 by fibonacci is lined up with a neckline.
Volume is pumping! After getting kicked out on my last trade I am back in! First target is more than 5%. Have any of you been stacking? They are one of the most active ecosystems and have a bright future I believe. I will stake more of this purchase also NOT FINANCIAL ADVICE!!
current price: 7.13$ next moves: 1) 8.6$ 2) 7.5$ 3) 9.3$ 4) 6.8$ 5) 13$
Current market bears are talking.... This could be the time for a pump!!!! I would say after 36 hours we go bear mode again!! I did just buy and plan on selling off above $8-$10. NOT FINANCIAL ADVICE!!!!!
Good luck to everyone! This analysis is for educational purposes only and does not constitute financial advice. Conduct your own analysis before making trading decisions.
Daily timeframe, using volume profile shows a drop to 7.6 is likely a 1.7 R:R trade seems reasonable
The way I like to trade and my belief that DOT could go above $25 soon has me buying more. I also might stake more of it!! $10 I think is a simple TP but I ain't. NOT FINANCIAL ADVICE!!!!
Polkadot has broken the rising trend up in the medium long term. This signals an even stronger rate of growth, but the positive development may result in corrections down in the short term. There is no resistance in the price chart and further rise is indicated. Volume has previously been high at price tops and low at price bottoms. Volume balance is also...
DOTUSD Down on Weekend. Price has found a peak. Now 1234 down. For 4x move.
Change your life? DOT IS ON THE MOTHER EFFIN WAY!!! Not financial advice
DOT price showcases an impressive 21% jump, signifying a strong bullish momentum. Weekly Chart Breakout: A channel breakout rally in the weekly chart is fueling DOT's uptrend. Potential for Higher Targets: If the current momentum is sustained, DOT could potentially exceed the $10 mark. Reversal from Downtrend: The reversal rally marks the end of a prolonged...