Hi Guys, here's an image of the chart analysis on the DOT/USD crypto. We're currently between $8 and $10 a unit. My goal is to look for the May 21, 2021 all-time high followed by the 2022 all-time high at $50 and $55.
Formed Wyckoff accumulation. With a breakout, there is not much resistance to the 18.3 price. At that price, the largest volume took place on the dates: January 26 to April 30.
I didn't like Dot because they didn't show much power last year, but they are a big giant that starts web3. Those who entered it earlier at this price may reap some profit.
I expect...
DOT includes a strong correction in the USDT pair, the current level reaches 43% and indicates a return to the first entry zone into a potential LONG, further a second zone has been defined for price averaging.
However, looking at the behavior of BTC, which may potentially make another attempt to reduce the price, one should exercise caution and common sense when...
polkadot last bottom zone for me is 5 dollars and I think I will buy from there if it falls. I think these two scenarios will develop, stay tuned. fibonacci levels are very important.
Polkodot another sleeper that has been ignored by the market. The chart looks like a bullish shark and once it breaks that trendline, it will moon.
Not investment advice, Please do your DD
Please boost idea and follow
After the long trade hit target with a risk reward of 4.8 on the previous analysis we took the short immediately hoping to see it fall as shown on the chart. If you haven't enter this trade I believe this is the perfect entry time.
However a very important note: this short is just to hedge the overall position on our spot bag here our main direction on the...
Week is swing bullish
The price has passed the Strong Swing peak of the weekly frame
We buy and wait for the price to rise to the top of the weekly frame
DOT has given a breakout from the declining phase after bullish divergence, and has printed a higher low followed by a higher high. This could mark the beginning of a bullish rally. Targets are mentioned on the chart.
#DOT
The price is moving in a downward channel on a 4-hour frame and is bouncing from the support area in green
The area in green is a very strong support area
Our RSI indicator has a trend that is about to break to the upside
We have a very strong uptrend
Entry price: 9
First goal 9.7
Second goal 10.19
Third goal 10.92
In this daily DOT/USDT chart, we’re looking at a longer-term perspective of the price movement. The use of trend lines suggests a potential channel or wedge pattern forming, which is a common occurrence in markets and typically indicates areas of support and resistance that traders pay close attention to.
The RSI is at 42.52, edging toward the lower end of the...
DOT is Bullish in Mid Term this month and the next starting month we can fill over bags start them from 7.3 second 7.1 and keep some fund for worst scenario but I think we are bullish after this month's correction if you are long term holder then it would be great choice to choose DOTUSDT
===> order 7.3
===> order 7.1
===> buy near 5$ in worst case
BULLISH on...
The dot currency has gone through a complete correction cycle, and now it can break the downward structure after the first swing and pullback and move according to the direction. We can say that the current scenario has had an upward movement, considering A, and now wave B has ended, which will be confirmed by the failure of the swing.
Hello Traders, this is outlook that i think might be work. All Entry, Stop Loss, and Take Profit its already showed up. All trade it is on yourself. DYOR.
