Polkadot
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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PolkaDot About To Break Its All Time HIgh. #DotUsdt#-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
❤️ Hit the LIKE button,
Drop some feedback below in the comment!
Trade well. ❤️
💡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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💡 It's a great buy opportunity in DOTBTC @Polkadot @bitcoinTrading suggestion:
. There is a possibility of temporary retracement to the suggested support line (0.00058400). If so, traders can set orders based on Price Action and expect to reach short-term targets.
Technical analysis:
. FILBTC is in an uptrend, and it is expected to continue.
. The price is above the 21-Day WEMA, which acts as a dynamic support.
. The RSI is at 69.58.
Take Profits:
TP1= @ 0.00070000
TP2= @ 0.00074220
TP3= @ 0.00078700
TP4= @ 0.00085400
TP5= @ 0.00092000
SL= Break below S2
❤️ If you find this helpful and want more FREE forecasts in TradingView
. . . . . Please show your support back,
. . . . . . . . Hit the 👍 LIKE button,
. . . . . . . . . . . Drop some feedback below in the comment!
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Now, It's your turn!
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ForecastCity English Support Team ❤️
DOT up 80% since last call on 14 Jan - But potential remains!On 14th January, I tweeted about how DOT can be easily 2x from the existing place in 30 days. In less than 4 days the crypto has tripled in USDT pair and 80% in BTC pair!
Analysis:
The trading volume shows increasing investor interest
RSI levels are high - retracement to support level is possible
Breakout from long term downtrend
Investment Strategy:
Suggest buying stage-wise for the next 2-3 weeks
If DOT goes down - average your position. If it does up - do nothing till it reaches the resistance levels and then buys again
Can allocate a maximum of 10% of the total crypto portfolio towards DOT
HODL your investment for 2021 - exit only if you achieve your satisfaction
Polkadot Price Potential For Positive Breakout Above 50-EMAThe technical chart reflects on the positive bounce back made by the price levels of Polkadot after touching the critical support area of $7.00 due to a downtrend from the past couple of trading sessions. A positive breakout above the 0.382fib level can surely be a bullish indication for the crypto asset for upcoming market sessions. On the contrary, a negative breakout from the falling channel pattern might indicate the existence of the bears.
The Relative Strength Index (RSI) looked to regain bullish levels after suffering negative breakouts to the oversold region while standing at 47.65.
The Schaff Trend Cycle (STC) has indicated a buying signal during the current market session indicating potential positive momentum for the coin.
The Moving Average Convergence & Divergence (MACD) has formed a bullish crossover and the levels will be looking for a positive breakout above the histogram line.