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We need to see if it can rise along the uptrend line (1).
If it falls between 27.211-30.122, a Stop Loss is required to preserve profit and loss.
The next...
It's too early to end the uptrend of DOT, it is still very promising in April.
At the moment, the buying force still exist at 27$ zone and we will spare a buy order at 25$ zone
📅NEWS
👉Mar 31 : IDEX Trading on DOT & BSC
👉Apr 12 : European Blockchain Conv.
👉Aug 31 : Token Minting
👉Sep 30 : ZEE Bridge
📈BUY
-Buy: 27-28$. SL if B
-Buy: 24-25$. SL if B
📉SELL
-Sell:...
Ever since DOT broke out of the consolidation zone below $7.10, it has been unstoppable and we saw a 6X rise in DOT price. DOT is currently trading just above a crucial support zone of $27.75. As long as DOT stays above this price, we could start seeing a move towards $35.86, $40.81, $44.81, $48.81, $54.51, $61.77 and $82.73. However, the current support level of...
Sharp decline for Polkadot this week so far.
Lots of selling volumes.
Could this be from people who staked their DOT at the beginning of the year?
All trends point downwards until the sales cool off.
BINANCE:DOTUSDT
as you can see DOT is sitting on the bottom of ascending channel and considering BTC TA it should bounce back from here
TPs are: $39 (TP1) / $42 (TP2) / $44-47 (TP3)
SL: 4H Candle Close Below $34
if Channel breaks down supports are: $32 - $29
Don't Use High Leverage
In my opinion price can reach upside soon. If DOT will break it, we will have good signal to open new long position. I'm waiting that price can reach resistance (42.0000).
DOTUSD H4: BEST Level to BUY/HOLD 25%/30% gains(SL/TP)(NEW)
IMPORTANT NOTE: speculative setup. do your own
due dill. use STOP LOSS. don't overleverage.
🔸 Summary and potential trade setup
::: DOTUSD 4hours/candle chart review
::: chart looks good for a PUMP
::: locked inside range
::: recommend to focus on buying low
::: updated/revised outlook
::: speculative...
