Long and short DOT/USDT
Activation of the transaction only when the blue zone is fixed/broken.
The author recommends the use of anchoring fixed the blue zone, this variation is less risky.
If there is increased volatility in the market and the price is held for more than 2-3 minutes behind the activation zone after the breakdown, then the activation of the idea...
We got you another DOT update! Price hasn't really moved over the weekend. We are still expecting a pullback across all markets so please refer to the zones on the chart as potential support levels. Once the upward trend line has been compromised we can expect price to fall with more force. An over shoot can occur at the very bottom into the bottom...
The price has consolidated above the key level. It created a local downtrend line. If price breaks this key level, it will be a great opportunity to go up. I'll say it again, I think, the coin has powerful potential.
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DOT broke down the ascending channel yesterday, hitting support at around USDT 40, when it started to gain momentum in what appears to be a pullback. If it's the case, we would be leaving the consolidation zone that started forming on April 8. Considering the overall positive trend, I would be looking at around 10% or 11% prince increase in the following days.
Polkadot is moving through an ascending channel
After hitting its ATH twice in early april , we saw a double top pattern and price dropped down under 40$
But after that it seems everything is ready for DOT to get its ATH back and make a new one probably
We are looking at 4H DOT chart structure. Dot broke out 40$ resistance at 2nd Apr., 2021, and now retesting it. if it can test that resistance properly, we will open a long position.
Target 1: 56
#DOT/USDT Trade Update:-
$DOT currently trading at $41
And hope you bought at dip when I posted chart.
Entry:- $36 ✅
If you still want to enter then
Entry 2:- $39-$41
Already it went upto $45 from $36
Almost 27% profit from first entry.
Stop Loss:- $35
Please click LIKE button and Appreciate my...
DOT is testing major support, (rising trendline ). if we can hold support than we can continue trading in the given range.
You can see it as a rising channel but the trendlines aren't perfect and are leaning more towards a rising wedge, so there we need to be a bit cautious.
Fort every new follower i will add a new idea :)
Dear friends, dot has been fluctuating in the specified suffering box for some time. According to my analysis, this currency may reach the price of $ 60 in the short term.
Important note: Due to the psychological state of the market, the uptrend line may also be broken down, so it is better to have a stop loss and take profit.
As we talked about in previous analysis and you can see better view of trendlines and support and resistance ahead :
DOT mange to break the horizontal channel and we may expect rise to tour targets that is mentioned on chart
we expect two possible chart...