Here is another update on Polkadot.
I've been trading DOT since the pump, and we finished the major 3 wave and 4 wave over the weekend. Now DOT is due for a good pump towards at least 48$
The chart explains it all.
Invalidation level is obv. our stop loss area.
I would suggest to buy after completion of the 2e internal wave.
into wave 3.
Since we trade...
The rightmost bullish wedge will break.
An upward break will deliver the price into TP.
All price action is within the context of a greater bullish wedge breakout.
(All patterns are Neuro-Fuzzy AI-generated.
Trade with caution.)
Polkadot price is going through full-size resistance as it sits interior a supply region. Clearing this barrier will open the course for DOT to retest its all-time high and set a new one.
Polkadot price is presently consolidating inside the $40.06 to $48.34 supply sector.
DOT would possibly dip to the $37.50 support floor from wherein it could catalyze a 65%...
reaching channel top line and getting bad vibes from indicators and oscillators are signs of retracement for me . also there was no pull back for red line cross up . so i think it's about time for DOT to have a few bad days and complete a pull back .
Interesting question ?) Let's look for an answer together.
In the comments below the idea, write your thoughts: what is the fundamental news and development plans of Polkadot network that can lead to such a powerful growth of DOT token value?
Our TA tells us that if buyers manage to keep the DOTUSDT price above $14-18 by the end of 2021, that would be a...
". There is a possibility of temporary retracement to the suggested support line (39.50).
. if so, traders can set orders based on Price Action and expect to reach short-term targets."
. DOTUSD is in an uptrend, and the continuation of the uptrend is expected.
. The price is above the 21-Day WEMA, which acts as a dynamic...
Dot update (LONGTERM)- Alright so I have 2 counts for this . So getting into this #1 count is saying we have reached either (Motive Wave 1 and 2 intermediate or (A and B wave of "ABC") so to narrow this situation we would look to come above the (1.618 extension or 1.382 extension) to be aggressive (RIGHT SIDE OF SCREEN) to basically take out the assumption of a...
There are some short signals in Polkadot
1 . 161.8 % Fibonacci in H4 time Frame
2. RD in MACD in h4 time frame
3 . confirmed resistance breakout Breakout (43.22) in h1 time frame
4. confirmed breakout Trend line in h1 time frame
5 . confirmed Head and shoulder pattern in h1 time frame
6 . wait for pass from higher low ( 42.40 )
DOSTUSDT is trading in a rising wedge. Two scenarios came into play
If it breakdown attempt short with stoploss on 46. Target price will be 30
If it breaks and close 47. Attempt to buy it with stoploss on 40. Target price will be 58
1- 20 MA is acting as a strong resistance
2- Lower band is a good entry level
3- Holding above the 50 EMA ( 42.4) is essential
NAME : DOTUSDT # LONG
LEVERAGE : X 5 | X 10
HIGH -RISK ENTRIES
ENTRY 1| 2 : 43.5 | 42.3
AVG Entry : 42.900
TARGET 1 : 43.9 2%...