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DOTBTC

PolkaDot DOTUSDT - HUGE Secret Parallel Channel on the Daily!- Polkadot is very strong on the daily timeframe, as we can see. - The price broke out of the bullish falling wedge and now is unstoppable! - On the largest time scale, we can spot a huge blue parallel channel, which acts like a support and resistance. - For expected duration of the trade, probability, stop loss, profit target, entry price and risk to reward ratio (RRR) - please check my signature below ↓ - Due to my Elliott wave count, the correction is totally over and we can expect a higher prices! - If you want to see more of these ideas, hit "Like" & "Follow"!
KRAKEN:DOTUSDLong
by UnknownUnicorn2537518
11
Polkadot (DOT) - July 31Hello? Welcome, traders. By "following", you can always get new information quickly. Please also click "Like". Have a nice day. ------------------------------------- (DOTUSD 1W Chart) If the price holds above the 10.15772403 point, it is expected that the uptrend will continue. The 10.15772403-16.14614892 section is an important section, and if the price is maintained above the 16.14614892 point, it is expected to create a new wave. (1D chart) It remains to be seen if the 12.72032975-15.71092198 section can find support and move up. If the price holds above the 15.71092198 point, it is expected that it will revert to an uptrend and move higher. If it declines from the 10.15772403 point, it is likely to enter the mid- to long-term investment zone, so you need to trade cautiously. ------------------------------------- (DOTBTC 1W chart) The 39108 Satoshi-48719 Satoshi section is an important volume profile section. It is important to keep the price above the 39108 satoshi-48719 satoshi range as no proper wave was created. We'll have to see if we can find support at the 36000 satoshi point and move up to the 39108 satoshi-48719 satoshi section. (1D chart) It remains to be seen if the 38377 Satoshi-44645 Satoshi section can support and rise. If it declines at this rate, there is a possibility of entering the mid- to long-term investment area, so careful trading is required. If the price holds above the 44645 Satoshi point, it is expected that the uptrend will continue. ------------------------------------------ We recommend that you trade with your average unit price. This is because, if the price is below your average unit price, whether it is in an uptrend or in a downtrend, there is a high possibility that you will not be able to get a big profit due to the psychological burden. The center of all trading starts with the average unit price at which you start trading. If you ignore this, you may be trading in the wrong direction. Therefore, it is important to find a way to lower the average unit price and adjust the proportion of the investment, ultimately allowing the funds corresponding to the profits to regenerate themselves. ------------------------------------------------------------ ----------------------------------------------------- ** All indicators are lagging indicators. Therefore, it is important to be aware that the indicator moves accordingly with the movement of price and volume. However, for the sake of convenience, we are talking in reverse for the interpretation of the indicator. ** The wRSI_SR indicator is an indicator created by adding settings and options to the existing Stochastic RSI indicator. Therefore, the interpretation is the same as the traditional Stochastic RSI indicator. (K, D line -> R, S line) ** The OBV indicator was re-created by applying a formula to the DepthHouse Trading indicator, an indicator disclosed by oh92. (Thanks for this.) ** See support, resistance, and abbreviation points. ** Support or resistance is based on the closing price of the 1D chart. ** All descriptions are for reference only and do not guarantee a profit or loss in investment. Explanation of abbreviations displayed in the chart R: A point or section of resistance that requires a response to preserve profits. S-L: Stop Loss point or section S: A point or section where you can buy to make a profit as a support point or section. (Short-term Stop Loss can be said to be a point where profit and loss can be preserved or additional entry can be made through split trading. It is a short-term investment perspective.) GAP refers to the difference in prices that occurred when the stock market, CME, and BAKKT exchanges were closed because they are not traded 24 hours a day. G1 : Closing price when closed G2: Opening price (Example) Gap (G1-G2)
BINANCE:DOTUSD
by readCrypto
Polkadot, what next?Chart Overview * 3 Day Dot/Btc Daily * Gann Box * Fibbonaci Circles (0.618 to 0.786) * Red Shaded Rectangle (Potential Resistance formed by VPVR) * Green Shaded Rectangle (Potential Support formed by VPVR) * Diagonal Cross/45 degree line (Blue) * Vertical Cross (Green) Analysis DOT is sitting within the Fibbonaci Circle and the two price/time Gann lines, the line below the price that forms the diagonal cross represents the 45 degree line which is considered an ideal balance of price and time and could form a strong support heading upwards. The line above could act as resistance keeping the price within a megaphone pattern. The green cross can act as pivotal price points which can push the price up or down. Conclusion Dot has seen a massive correction, more so than many other coins, even if it were to break down below the diagonal cross or 45 degree line, strong support is awaiting making the bearish argument hard to make. The bullish argument is strong, we are close to lots of support (the 45 degree line, the 0.786 circle, the green rectangle) and resistance is far ahead at 0.0006. Targets * Less Likely: Bearish = 0.00032 * More Likely: Bullish = 0.0006 What do you guys think, bullish or bearish? *Disclaimer: Not professional advice.
Long
by cmpkpersonal
1
DOT is going to break through this triangle ❗❗❗Yesterday bitcoin broke its local trend line upwards. Many altcoins also reacted to it. In my view, DOT is still building up strength for an uptrend. This can be seen in the price compression near the upper boundary of the triangle. If Polkadot breaks up and tests the upper boundary of the triangle as support, it could be a good time to buy. Write in the comments all your questions and instruments analysis of which you want to see. Friends, push the like button, write a comment, and share with your mates - that would be the best THANK YOU. P.S. I personally will open entry if the price will show it according to my strategy. Always make your analysis before a trade
Long
by Yuriy_Bishko
7
Polkadot (DOT) - July 11Hello? Welcome, traders. By "following", you can always get new information quickly. Please also click "Like". Have a good day. ------------------------------------- (DOTUSD 1W Chart) If the price is maintained above the 16.14614892-20.26700243 range, the uptrend is expected to continue. (1D chart) If the price finds support at the 14.81206139-18.49989746 range and moves up to maintain the price at the 18.49989746-25.87557006 range, I would expect a reversal to an uptrend. If it falls in the 13.59084203-14.81206139 range, it is possible to enter the mid- to long-term investment zone, so careful trading is required. However, section A is a section that formed support and resistance sections, and is expected to rise if it receives support within this section. ------------------------------------- (DOTBTC 1W chart) If the price is maintained above the 48719 Satoshi point, the uptrend is expected to continue. (1D chart) If the price is maintained in the 45117 Satoshi-57890 Satoshi section, it is expected to turn into an uptrend. However, it remains to be seen if it can rise above the 48719 Satoshi point. If it goes down, we need to see if there is support in the 38731 Satoshi-45117 Satoshi section. If it falls from the 38731 Satoshi point, there is a possibility of entering the mid- to long-term investment area, so careful trading is required. ------------------------------------------ We recommend that you trade with your average unit price. This is because if the price is below your average unit price, whether it is in an upward trend or in a downward trend, there is a high possibility that you will not be able to get a big profit due to the psychological burden. The center of all trading starts with the average unit price at which you start trading. If you ignore this, you may be trading in the wrong direction. Therefore, it is important to find a way to lower the average unit price and adjust the proportion of the investment, ultimately allowing the funds corresponding to the profits to regenerate themselves. ------------------------------------------------------------ ----------------------------------------------------- ** All indicators are lagging indicators. Therefore, it is important to be aware that the indicator moves accordingly with the movement of price and volume. However, for the sake of convenience, we are talking in reverse for the interpretation of the indicator. ** The wRSI_SR indicator is an indicator created by adding settings and options to the existing Stochastic RSI indicator. Therefore, the interpretation is the same as the traditional Stochastic RSI indicator. (K, D line -> R, S line) ** The OBV indicator was re-created by applying a formula to the DepthHouse Trading indicator, an indicator disclosed by oh92. (Thanks for this.) ** See support, resistance, and abbreviation points. ** Support or resistance is based on the closing price of the 1D chart. ** All descriptions are for reference only and do not guarantee a profit or loss in investment. Explanation of abbreviations displayed in the chart R: A point or section of resistance that requires a response to preserve profits. S-L: Stop Loss point or section S: A point or section where you can buy to make a profit as a support point or section. (Short-term Stop Loss can be said to be a point where profit and loss can be preserved or additional entry through split trading. GAP refers to the difference in prices that occurred when the stock market, CME, and BAKKT exchanges were closed because they are not traded 24 hours a day. G1 : Closing price when closed G2: Opening price (Example) Gap (G1-G2)
BINANCE:DOTUSD
by readCrypto
DOT has punched that triangle. Urgent update!!!😮😮New update on the DOTUSDT! You can clearly see on the Dot chart that price has broken through the triangle structure that was formed. If price tests this triangle as support and corrects to the area marked below, it could be a good time to open a position. And the potential target for this move could be the one marked on the chart above!!! Write in the comments all your questions and instruments analysis of which you want to see. Friends, push the like button, write a comment, and share with your mates - that would be the best THANK YOU. P.S. I personally will open entry if the price will show it according to my strategy. Always make your analysis before a trade
Long
by Yuriy_Bishko
10
Dot could go up a lot if it breaks this level! 🤑🚀On the Dot we can see that the price has been in a local consolidation for 8 days, the last attempt to close higher failed and the Dot has corrected to the middle of the consolidation. At this point, the price may try to go higher again and get out of this consolidation, but it could also pick up stop losses below and possibly move up from there! If Dot manages to break this resistance level, close higher and test it as support, this could be the best area to buy with the targets above. I expect the best opportunities to enter the market now! Write in the comments all your questions and instrument analysis of which you want to see. Friends, push the like button, write a comment, and share with your mates - that would be the best THANK YOU. P.S. I personally will open entry if the price will show it according to my strategy. Always make your analysis before a trade
by Yuriy_Bishko
8
POLKADOT DOUBLE BOTTOM BREAKOUT AT 16.50!Hi guys, this is OG back with another market update. If you find value in my work, please do like, share, and comment. And also feel free to share your ideas and technical analysis in the comments below. Polkadot (DOTUSDT) is forming a potential double bottom with the neckline at $16.50. If price breaks above $16.50 with strong volume , I will be looking to take a long position. Need to wait for the confirmation before entering. Check out my daily videos for more in-depth technical analysis and trade setups for Bitcoin , Ethereum , and Altcoins. Why follow? 1. Community of Technical Analysts sharing analysis and trades 2. Live tracking of whale wallet movements 3. Live update of the latest important news 4. Live syncing of popular crypto tweets 5. Ebook covering how to be profitable in the cryptocurrency market As always, I’m not a financial advisor, all information presented is for educational purposes only and not meant as financial or investment advice, do your own research, and stay safe!
Long
by cryptotraderog
12