DOTUSD
Polkadot Trade Setup - Dot is a robust project and has a strong roadmap for the upcoming years
- I have marked some key areas where you can think about accumulating DOT, kindly consult your financial advisor once as well
- I will personally be investing 80-120k in DOT in this dip because of its underlying fundamentals
- I have marked the important key zones for your reference
- From an investment perspective make sure your horizon is 3-6months and not 3-6 days
- From a Trading perspective 7-8$ can be a solid zone to accumulate DOT as a swing trade
Buy Polkadot, Long DOTUSDTPolkadot has started consolidating, indicating the change in the trend (Downtrend).
DOTUSDT is respecting the trendline(RED). Also started to make the W reversal pattern.
RSI is in an uptrend and 50MA also supporting the candles.
Keep the trend line(RED) as the stop loss, For the 1st target of 23.25 DOTUSDT
dot spot buy we can se chart how beautifully its bullish.
the price is in flag and creating a W pattern which can be easily broken if btc is same stable this way
macd and rsi are in bullish sign too if the price test and break the trendline than it will be a nice bullish sign we can go long than
else if it rejects the dot has already created a bearish flag ignoring the W pattern than it will fall so we have short signal than
spot buys can consider to buy here with nice stop loss the price is high chances to rise as btc is getting stronger too and market is green today with nice volume
manage risk according to your need happy trading
.....
Trading Signal For DOTUSDT Trading Signal:
A Trading Signal is seen in the DOTUSDT Polkadot
Traders can open their Buy Trades NOW
Rank : ⭐️⭐️
⬆️Buy now or Buy on 30.5
⭕️SL: Close below 29.10
🔵TP1 @ 35.0
🔵TP2 @ 39.35
🔵TP3 @ 49.20
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Dot/Usdt Latest Update, Target 1,2 and 3 Achieved.#-There is a possibility That We can see a Pullback to the suggested support line (42.73).
The Analysis is based on personal Knowledge of technical analysis , Please Do Not Take It as a Financial Advice, And Always Do Your Own Research.
Technical analysis:
. DOTUSD is in an Ascending Parallel Channel .
. The price is above the 50 Ema and It is also Acting as a strong Support.
. The RSI is at 56.97.
Take Profits:
TP1= @ 45.50
TP2= @ 47.37
TP3= @ 49.35
TP4= @ 51.18
* If You are buying polkadot in a medium risk buy Zone Then Use Either 41.55 As Stop Loss
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💡Don't miss the great buy opportunity in DOTUSD @PolkadotTrading suggestion:
". There is a possibility of temporary retracement to the suggested support line (20.99).
. if so, traders can set orders based on Price Action and expect to reach short-term targets."
Technical analysis:
. DOTUSD is in an uptrend, and the continuation of the uptrend is expected.
. The price is above the 21-Day WEMA, which acts as a dynamic support.
. The RSI is at 65.
Take Profits:
TP1= @ 24.58
TP2= @ 28.62
TP3= @ 31.31
TP4= @ 35.10
TP5= @ 42.63
SL= Break below S2
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💡 Don't miss the great buy opportunity in DOT/USDTrading suggestion:
. There is a possibility of temporary retracement to the suggested support line (31.8). If so, traders can set orders based on Price Action and expect to reach short-term targets.
Technical analysis:
. DOT/USD is in an uptrend, and the continuation of the uptrend is expected.
. The price is above the 21-Day WEMA, which acts as a dynamic support.
. The RSI is at 66.30.
Take Profits:
TP1= @ 35
TP2= @ 39
TP3= @ 42
TP4= @ 45.20
SL= Break below S2
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. . . . . Please show your support back,
. . . . . . . . Hit the 👍 LIKE button,
. . . . . . . . . . . Drop some feedback below in the comment!
❤️ Your Support is very much 🙏 appreciated!❤️
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Now, It's your turn!
Be sure to leave a comment. Let us know how do you see this opportunity and forecast.
Trade well, ❤️
ForecastCity English Support Team ❤️
💡Don't miss the great buy opportunity in DOT/ TetherUSTrading suggestion:
". There is a possibility of temporary retracement to suggested support line (6.1040).
. if so, traders can set orders based on Price Action and expect to reach short-term targets."
Technical analysis:
. DOTUSDT is in a range bound and the beginning of uptrend is expected.
. The price is above the 21-Day WEMA which acts as a dynamic support.
. The RSI is at 71.
Take Profits:
TP1= @ 7.7080
TP2= @ 8.5130
TP3= @ 9.6500
TP4= @ 10.3740
TP5= @ 11.5050
SL= Break below S2
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. . . . . Please show your support back,
. . . . . . . . Hit the 👍 LIKE button,
. . . . . . . . . . Drop some feedback below in the comment!
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💎 Want us to help you become a better Forex trader ?
Now, It's your turn !
Be sure to leave a comment let us know how you see this opportunity and forecast.
Trade well, ❤️
ForecastCity English Support Team ❤️