Risk warning, disclaimer: the above is a personal market judgment based on published information and historical chart data on Tradingview, all analysis is only subjective. Hope investors consider, I am not responsible for your investment decision. Thank you.
It turned out that the last time we made a global review of the DOTUSDT trading pair was to do as in February 2021.
But the idea worked pretty well , which we saw on the graph, see for yourself.
Also, during these 6 months, we made several short-term ideas for...
All info have been provided on chart. Observe well before taking position.
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Are we are about to test the trend line again?
We see the support line in the momentum oscillator is about to be tested.
The candle of the 1st test of the uptrend line is forming and when you look at the lower shadow of the candle that tells us that for now lower prices are rejected.
The real body of the candle is at the uptrend line.
It's been three months since one of the first DOT ideas was published.
It was then that we wrote that there will be a correction from $6 to $4.40 where you can buy long. During this time, the price of DOTUSDT has grown by 1000% . Great result, buy and hold.
Here we will leave a link to one of the first ideas on DOTUSD , and the entire series of ideas, if...
Polkadot is a strong project with solid fundamentals that can give investors x3 - x5 profit in a good bullish period.
It should be added to any investment portfolio and of course, I'm holding it as one of the main assets.
The price moved down from around 50$, bounced from 10.50$, and moved to 15$. If we look at the daily chart, we can see an amazing...
* Polkadot in 1H time frame forms a Head and shoulder pattern, with a neckline as it's support near $17.800
* The Head and shoulder pattern appears with 3 peaks, the 2 outside peaks are of smaller height compare to the middle one. It is a trend reversal pattern.
* If the Polkadot price breaks it's neckline ( Support ) we can see a drop till $16.700, it is bullish...
As we said before the market is strongly bullish but it can receive some fall or at least healthy correction and the main reason is bitcoin that is reaching 42-44K daily strong resistance zone.
Targets and supports ahead:
DISCLAIMER: ((trade based on your own decision ))
Market has been rising for 11/12 days without taking a break,so it is likely a small pullback before rising again.The direction of the MACD line is to cross below the signal line,indicating a bearish signal.It is possible to set a short entry at the resistance area with a stop loss above it.Target price 1 is between EMA20 and the middle of the bollinger...
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Price has broken out of the falling wedge already.
But to call it a successful breakout, I need it to break the inverse H & S neckline at $13.
Then a long position to $17, $20 and $24 which gives us 100% return on investment from $12.
What do you think?
Share your opinion in the comment...
Polkadot is a network protocol that allows arbitrary data—not just tokens—to be transferred across blockchains.
This means Polkadot is a true multi-chain application environment where things like cross-chain registries and cross-chain computation are possible.
Polkadot can transfer this data across public, open, permissionless blockchains as well as private,...