Price recently tapped perfectly into the 4h supply zone from where it got heavily rejected from and it is currently bouncing off a 4h demand zone. MACD is not clear, RSI is sold and EMAs are neutral. If price breaks below this 4h demand then i would expect it to keep moving down in order to fill the FVG (fair value gap) and tap into the major 4h demand zone...
BUY ENTRY @10.53
STOP LOSS@10.29
TAKE PROFIT@10.95
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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...
you can see the chart and decide yourself with my simple analysis . i think 7-4$ would be nice prices for making a perfect longterm investment .
but plz before you decide to buy it , read about the project or anything that could helps you and act wisely .
buy when everyone sells . when everything is red and everyone crying cause of their loss . then buy and be...
DOT was one of the more popular alts of the current bull-cycle. However, DOT has lost virtually all gains it made during that time.
As of a few days ago, DOT has broken through the bullish channel's support, signaling more potential downside coming our way.
My next two bearish targets are placed around the $10.5 and $7 area. Consequently, this area might be a...
Following on from our last post on Polkadot, we are now running gains of over 25% from our sell zone.
We are still in wave C, which is a 5 wave formation. In our last post we identified the completion zone for subwave 4 of Wave C and now we are seeing the 5th and final subwave of wave C. We are looking for Polkadot to move lower to around the 10-11 level where...
As we can see price stop to fall near the major support zone and now we are looking for a pump here like the green arrows menti3oedn on the chart.
Major resistances and targets are also mentioned on the chart.
After wave 2 is complete, we are looking at a wave 3 to the upside where it should land somewhere between the previous ATH and $87.
There is a possibility the low is in, but the probability of that is becoming less and less likely.
HEY, What's up Guys !
What happened for POLKADOT !
In The last analysis that I posted for DOTUSDT ,It wasn't successful to rise and trigged my stop-loss and as you can see after a cross_under signal it started a sell_off rally , but in the first case , it was successful after the long signal , the price multiplied by 10x ( -30%🔻🆘 | >1000% 🎯💰 ).
So...
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We see a downtrend right on the chart and the drawing trend so we can say that the crypto will continue to go down also the RSI trend tells us oversold in the last ten days therefore a rebound in the downtrend will tell a rise
The price is creating a triangle below the 4h resistance where the market created a supply zone. If you look on the left you can see how the price got rejections from that area.
How to approach it?
IF the price is going to get new liquidity with a false breakout and get a new rejection, According to Plancton's strategy , we can set a nice order
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Keep in...
KUCOIN
