- On the weekly/3D chart we can see a parallel channel and the price is currently on the support of the channel.
- Due to my Elliott Wave analysis - the ABC correction has been completed successfully and now we are prepared for another bullish market!
- 0.618 FIB is the strongest FIB level and the price si currently sitting on this level.
- If we take a look at...
A positive divergence of the RSA and a break of the downtrend line can cause an uptrend, right?
If the $ 6.54 price range is maintained, I will open a buy trade on this range.
It would be great if you would also share your thoughts with us.
In one of our previous analysis, we showed a short setup from $23 with targets of $10. We achieved that target and made raw gains of over 50%!
We blew past our short targets and now we are approaching the final legs of the bearish wave.
We are expecting bulls to jump in as soon as this final bear leg is over.
On lower timeframe we can see that we're making our...
DOT looking prime for a drop to sub $4 short term, when this correction is over! After a little dead cat bounce and continuation to the down side. None of my 4 indicators showing any bullish confirmation on the Weekly Time Frame. Next Bull Run top $1.2K -$2K.
- Weekly MACD (Bearish)
- Weekly Pekipek's Divergence BETA (Bearish)
- Weekly RSI (Bearish)
I think 130-150 is gonna be the aproximate top next bull cycle topping out in late 2025 or early 2026. If DOT survives the winter and there comes a new crypto bull cycle then a 1700-2000% gain is possible.
We will be looking at 3 signals on the Polkadot (DOTUSDT) chart.
1) As MA200 trends down, prices tend to trend upwards.
2) Bottom pattern formation. The same bottom pattern we've been seeing in multiple charts is also present here.
3) Mirror image. On the left side we have red/down, on the right side the mirror image would be green/up.
These are the...
✅DOT is moving in the area of the resistance level, again preparing for a rebound. I expect a fall.✅
🚀 SELL scenario: short to 7.47.🚀
Remember, there is no place for luck in trading - only strategy!
Thanks for the likes and comments.
Pokadot seems to be ready to break up this triangle 📐 and if successful I think there is chance for run to 10.25 and even higher. Just bought...
ENTRY : local high @ 8.10
STOPLOSS (SL) : local low @ 7.80
TARGET (TP) : height of the triangle projected from midpoint of the local range (BUY - SL) @ 10.25
REWARD RISK RATIO (RRR) : 7.1
INVALIDATION : when...
The title is pretty self-explanatory. Sure, prices can keep collapsing into the abyss. I have little enough exposure where this wouldn't hurt me a huge amount. It's important for me to be very conservative. There is nothing that says we need to recover here.
Many alts are back to their accumulation ranges from the previous bear market, so it seams reasonable...
DOT / USDT
Located in a descending channel.
The channel floor is supported and breaks its dynamic resistance line.
The price is likely to increase up to $ 10.
#DOTUSDT #DOT #BTCUSDT #BTC #ETHUSDT #LUNA #LUNC
DOT trying to escape a falling wedge and seeemingly rounding a bottom.
Red TD count 11 already. Flattening RSI and MACD.
Cannot rule out a further wick down, but looks fair to me.
* TP #1 close to 17$ mark (> 2x)
* TP #2 close to 25$ mark (> 3x, depends on BTC outcome, to be re-evaluated)
Estimated 3-6 months.
To be re-evaluated.
DOT | Polkadot | Price Is Developing Within a Descending Broadening Wedge Pattern
As we can see Polkadot is moving within a "Descending Broadening Wedge Pattern"
on the 4-hour time frame of the chart.
With the data that we have actually at this moment we can not have a clear picture if
the price will move lower or higher.
In order to trade DOT/USDT in a safer...
A couple of weeks ago I made an analysis on DOT where I argued that we'd likely see more downside in the near future. Both bearish targets were hit, congratulations if you made the trade.
In all fairness, I think DOT will likely fall another 50% in the coming months. Sure, we can see a couple of bounces here and there, but I'm not interested in buying DOT for...
Let's face it. DOT is looking seriously bad. While there is a lot going on on the lower timeframes, it's just over the edge and most reactions we see are purely reaction to DOT on BTC moves - like a flag in the wind with 0 strenghts to lift itself. People say, coins are going below the .886 to die. Well, we gonna see. Regardless of any fundamentals and news, if...
Polkadot is very close to our buy zone but we're waiting for price to make one more move down to complete the expanding flat formation, which is a very common bullish continuation pattern.
Whilst waiting for our long term buys, we can look to sell DOT once more.
- Watch for lower timeframe bearish price action at our sell zone
- Enter with stops...