Hello every one
DOT / TETHERUS
This is an update to the last analysis about DOT. as you can See The Mentioned Head and Shoulder Pattern has been Completed But The support zone has not Been Broken yet So There is No Confirmation of a Bearish trend yet. The Strong Support zone Is around 24 to 28$ . if This Support zone Is Gone, we can Expect DOT To reach 11 to 16$...
ALL traders and hodlers of Polkadot wait to see what will happen before commencing February 2022 reaching the price to the new resistance of 28 and attacking to the other levels by taking more volumes during February.
let's see and stay tuned with me during the next month to see the power of paracchains' mother, the majesty of Polkadot and web3!
Form a very beautiful and accurate triangle. You can enter at this point or wait and then buy if the triangle is broken from above
Do not pay attention to shadows
Please like and follow for support
$dot #polkadot Weekly chart has been hugging super trend support for 2 weeks straight. M
May start a spot position here. DCA at these levels and exit if weekly close below
A lot of upside potential if $BTC keeps pushing up.
Top 10 trading tips:
1. DO NOT FOMO into a trade. Let it come to you. Don’t force it.
2. Find a strategy...
DOT - Polkadot is between a falling wedge with lower highs and lower lows after the ATH we had, but soon we arrive at a really nice LONG spot and huge support at the trend line . My buy will be between 18$-19$ for a potential long term trade. Wait patiently and buy the dip !
Around 6 weeks ago I made an analysis where I discussed the bullish triangle pattern in which DOT has been trading for over a year now. With DOT closing in on the triangle's support, we might be looking into a potential bounce in the future.
In case DOT drops further, I'm...
$DOT - History repeats.
Rejections and Uptrend looks similar when zoomed out (Since Last FEB).
It might go further down between violet & Green Zones and gains up a huge volume (as the project has a great potential) - IMO
To keep an eye on the Volume Oscillators to understand its Oversold ranges.
Scenario 2 :
It might enter further bearish once it...
as you can see we have the DOT/USDT, the higher and overall time frame shows this in a bearish movement, indicated by the downward red line. once price gets into 'key area B' we can wait for a consolidation or buy/sell signal (on a smaller time frame) to enter the trade. I also see a H+S but this is in the middle on a trend - I would think diffrentley if...
If the price holds the support level, then a triple bottom will form - a strong bullish signal. Bearish scenario will lower the price to 0.786 Fibo. Volume & Fibo Support and resistance levels are indicated.
Background of candles, MAs, chart and RSI indicate the strength of the trend and the mood of traders
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Everything on the chart.
Nothing has changed from my last idea.
Double Bottom + Bull Divs - time to rise.
Entry: market and lower
Target: 36 - 60 - 75
after first target reached move ur stop to breakeven
Stop: im w/o stop (depending...
As we can see price is near the daily support and we can expect a local pump here like green arrows only after a valid breakout to the upside.
So red trendline should break first and targets are near the Fib resistance levels.
DISCLAIMER: ((trade based on your own decision ))
In this video I break down my current thoughts on the cryptospace and my short watchlist of some altcoins that I think show a lot of potential upside if the crypto market starts to recover. Obviously there are no guarantees here, and if Bitcoin and Ethereum start to drop, these coins will likely drop as well. Please note that this is not financial advice. Good...
We have a great opportunity for short term trades for Polkadot with very minimal risk. We have both a buy setup and sell setup.
- Watch for a break of the red descending trendline
- Enter with stops below the recent rejection
- Target the -0.618 fibonacci
- When we get to the -0.618 level, watch for rejection
- Enter on rejection with...