BINANCE:DOTUSDTPERP possible move to upwards movement long at the handle breakout FOLLOW FOR MORE FROM: 𝕄🌚🌚ℕ𝕋𝔸ℕ𝔾 ℂ𝕃𝔸ℕ™️
Dot coin is creating a double bottom pattern which is about to breakout on upside.It is reteting on a lower level now.It could retest from the neckline another time and then will make a long move.RSI is also making a bull divergence.After retesting a long trade can be initiated of 1:2 R:R .Entry and exit level are as shown as the image.Check it out.
PolkaDOT Upcoming Moves & Profit Taking Area discussed in details inside Investment Journey on CITA Platform.
Buy at Live Price 7.68 Target 5.0 % SL 2.0 % See the chart for the levels Always trade my calls with equal capital
Support & demand zone buy and sell target1 & target 2 zone
Dot is near its support, it can either bounce back from $10.3 or it can surpass $10.3 and bounce at $7.82 and it can reach from $16-$20
DOT is now testing the support line of the downtrend channel. A bounce is expected from this support line. If DOT breaks below the $13.74 support area then we see a dump towards the $10.29 major support level. The local resistance is $18.27 area and the major resistance is near $20 area.
For Polkadot to be bullish it must have to break the trendline. You can buy Dot near 16$
DOT is now again testing the major resistance area. A candle close above $23.23 resistance is bullish and we see more upward movement after it. The support level remains the same. You can add more DOT after the breakout.
Polkadot 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
breakout from channel and than took a support at previous resistance now moving ahead the first resistance ahead will be near 22 be careful there rest aside and party
Wait for a rejection in this area Not A Financial Advice !!!
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...
DOT is now trading near the resistance of $19.1-$19.55 area. DOT needs to break this resistance to turn bullish. The next major resistance is the $23.30-$24.30 area. The local support is $17.60-$17.75 and $16.85-$17.00 area. The market is showing positive moves and we may see a breakout of $19.55 resistance this time. Wait for breakout and confirmation before...
the chart in 4 hr time frame has created a nice bearish flag pattern with a nice rejection from a trendline the dot price is approaching towards its support which are the chances to break tooo after this nice pumps. analyze and go for trade
- DOT 5 Min Distribution Wyckoff y4p4e3d2.rocketcdn.me
A TRAINGLE CAN BE SEEN Trade only on retracement not just on breakout! if it's a fake out we will give free money to the market.
This is my first time publishing an idea. I'm a beginner in trading. Please bare with me if the analysis is wrong:) It seems like Dot/usdt spot is about to form a cup and handle pattern in 4hr and 1 hr time frames. If a handle is formed, I'm planning to enter in the direction of the handle breakout if it is backed by the volume. TP1 can be the height of the...