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 !!!
for moving for a long term in this channel recently took a breakout and retested too total market volume is increasing and at a great support picking up dot will be a good choice now since it is more than 50% low from its all time high we can see good rally in this coin in coming weeks sit tight with sl as per channel and check our recent post also where we...
Trading suggestion: ". There is a possibility of temporary retracement to the suggested support line (19.08). . if so, traders can set orders based on Price Action and expect to reach short-term targets." Technical analysis: . DOTUSDT is in an uptrend, and the continuation of the uptrend is expected. . The price is above the 21-Day WEMA, which acts as a...
Shorted DOT, it is on a channel, huge imbalance below, RSIs up and other indicators.
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.
H&S in higher time frames still waiting for the 3rd target to hit with trailing stop loss
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...
Trading suggestion: ". There is a possibility of temporary retracement to the suggested support line (18.9). . if so, traders can set orders based on Price Action and expect to reach short-term targets." Technical analysis: . DOTUSD is in a range bound, and the beginning of an uptrend is expected. . The price is below the 21-Day WEMA, which acts as a...
Take Care guys bullish tripple div is being in play.