We are forming an ascending triangle which is a bullish continuation pattern. $50 next psychological target !
DOTUSD has broke out of the resistance of this massive ascending triangle ! 50 is the target
DOTUSD higher highs. higher lows....you know what that means
Looking for a Daily close above these trendlines to get DOT moving towards $60 target
DOT is a very popular coin, but its projects are coming out too late. So people need money to buy other coins first, so they will sell DOT. It is time to buy DOT at 34 usd back. Short selling time!
As you can see on the 4hr. Timeframe chart, dotusdt is in a ranging position and currently is at its resistance. If dot showed some sign of going down, you can short it.
YES SIR, DOT IS DOING IT. I am seeing the same pattern in lots of altcoins
👀 🚀 I hope everything is clear ... ))
Impressive growth over the past few days. The current $38 resistance on the 1 hour chart has proven itself tough to breach in the past. Strong upwards EMA. Good trade volumes.
DOT's fundamentals are very promising. The future's looking bright. The squeeze within the latest triangle may very likely lead to a bull trend. Especially considering its lagging momentum compared to BTC in the past 2 weeks. Invest responsibly
A possible breakdown
💵 #DOT/USDT 🟢 Long Position ———————————— 🔵 Entry Range : 38.4 - 37.2 - 36.7 🔴 Exit Points : 39 - 39.5 - 41 - 41.5 - 42 - 45 - 46 - 47 - 49 🛑 Stop Loss : 4-hour candle closing lower 35.5 ———————————— 🎚 Leverage : 3 - 5 ⚠️ Risk Level : 10/10 ❌ Loss Rate : 5% ✅ Profit Rate : 37% 💲 3 - 5 % Of Total Assets ———————————— 🔎 Status : Open
$DOT consolidating and volume starting to show. Could be a good weekend for Polkadot
Long in case of break out CP zone..
Watch out for break out! As we can see DOT is making the higher lows. The more higher lows the worse for the bears.
Currenlty, the (4 hour )candle seems to be bearish though two hrs are left. If Bulls are able to break this triangle, the next stop will be $41, and next target will be $50. Otherwise, we will continue with the pattern till Mar 31. Suggestiosn welcome to improve my chart readings Regards