PolkaDOT BTC Pair Upcoming Moves & Profit Taking AreaPolkaDOT BTC Pair Upcoming Moves & Profit Taking Area discussed in details inside Investment Journey on CITA Platform.
DOTBTC trade ideas
💡Don't miss the great buy opportunity in DOTBTC @Polkadot
Trading suggestion:
". There is a possibility of temporary retracement to the suggested support line (0.00043).
. if so, traders can set orders based on Price Action and expect to reach short-term targets."
Technical analysis:
. DOTBTC is in a range bound, and the beginning of an uptrend is expected.
. The price is above the 21-Day WEMA, which acts as a dynamic support.
. The RSI is at 58
Take Profits:
TP1= @ 0.00048
TP2= @ 0.00050
TP3= @ 0.00053
TP4= @ 0.00056
TP5= @ 0.00060
SL= Break below S2
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DOTBTC Trade Ideadotbtc breakout from traingle pattern and retrachment in progress
one can buy at cmp (current mkt price) or at less price
SL target marked on chart
Note : trade on ur own analysis
HAPPY TRADING!
DOTBTC looking quite convincing for long setupready with your bag with strict STOP LOSS... very much excited move.
💡 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
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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
💡 Don't miss the great buy opportunity in DOTBTCTrading suggestion:
. There is a possibility of temporary retracement to suggested support line (0.0002). if so, traders can set orders based on Price Action and expect to reach short-term targets.
Technical analysis:
. DOT/Bitcoin DOTBTC is in a range bound and the beginning of uptrend is expected.
. The price is below the 21-Day WEMA which acts as a dynamic resistance.
. The RSI is at 44.
Take Profits:
TP1= @ 0.0002508
TP2= @ 0.0002963
TP3= @ 0.0003617
TP4= @ 0.0004210
TP5= @ 0.0005093
TP5= @ 0.0005967
SL= Break below S2
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. . . . . Please show your support back,
. . . . . . . . Hit the 👍 LIKE button,
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Trade well, ❤️
ForecastCity English Support Team ❤️
