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DOTBTC

$DOT/BTC working it's way upDOT is slowly working it's way up through the first fib set. Incase it breaks the All time high of ~0.001, first resistance could appear around the 1.618 line. Expecting it to break that level and work it's way up towards the 2.618, which could be a potential top for DOT. In the case of a breakout away from 2.618, I see the price likely doing to the 4.236 fib line, after which an evaluation of the chart would be required to see if DOT is ready to start progressing through another set of fibs.
Long
by OZmaster
Polkadot (DOT) - May 1Hello? Dear traders, nice to meet you. By "following" you can always get new information quickly. Please also click "Like". Have a good day. ------------------------------------- (DOTUSD 1W chart) If the price can be held above the 33.86828748 point, it is expected to continue the upward trend. (1D chart) You should watch for any movement that deviates from the 30.66186462-39.63296859 segment. In particular, we have to watch to see if we can get off the 33.86828748-37.70377693 segment. If there is a decline in the 27.67149675-30.66186462 section, a Stop Loss is required to preserve profit or loss. If the CCI line crosses 100 points or the EMA line on the CCI-RC indicator, volatility may occur, so careful trading is required. The next volatility period is around May 8. ------------------------------------- (DOTBTC 1W chart) If the price can be maintained above the 58500 Satoshi branch, it is expected to continue the upward trend. (1D chart) 58453 Satoshi-68173 We have to watch for any movement that deviates from the Satoshi section. In particular, you need to make sure you get support at the 62755 Satoshi branch. -------------------------------------- It is advisable to trade at your average unit price. This is because if the price flows below your average unit price, which was on an uptrend or downtrend, there is a high possibility that you will not be able to earn a large profit due to the psychological burden. The center of every trade starts with the average unit price 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, so that the money that ultimately corresponds to the profit can regenerate the profit. -------------------------------------------------- ------------------------------------------- ** All indicators are lagging indicators. So, it's important to be aware that the indicator moves accordingly with the movement of price and volume. Just for the sake of convenience, we are talking upside down for interpretation of the indicators. ** The wRSI_SR indicator is an indicator created by adding settings and options from the existing Stochastic RSI indicator. Therefore, the interpretation is the same as the conventional 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 that oh92 disclosed. (Thank you for this.) ** Check support, resistance, and abbreviation points. ** Support or resistance is based on the closing price of the 1D chart. ** All explanations are for reference only and do not guarantee profit or loss on investment. Explanation of abbreviations displayed on 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 segment that can be bought for profit generation as a support point or segment (Short-term Stop Loss can be said to be a point where profits and losses can be preserved or additionally entered through installment transactions. 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 do not trade 24 hours a day. G1: Closing price when closed G2: Cigar at the time of opening (Example) Gap (G1-G2)
BINANCE:DOTUSD
by readCrypto
1
DOT against USD for 2021Founded by Gavin Wood, the Chief Technology Officer of the Ethereum Project, its protocol improves on older blockchains. From a technological standpoint, Polkadot’s key difference is its use of parachains — multiple blockchains that can run in parallel. That solves a massive issue for bitcoin, which has a single, growing blockchain that all miners (and transactors) need to store. Developers have also added scalability, smart contracts 0and security. its not an easy thing for crypto to stay on top 10 for a longer period. Rank #5 Coin On 163,108 watchlists Polkadot Price (DOT) $16.46 0.31% 0.0004924 BTC 0.01218 ETH
by doqstrader
Polkadot (DOT) - April 23Hello? Dear traders, nice to meet you. By "following" you can always get new information quickly. Please also click "Like". Have a good day. ---------------------------------- We have to see if we can quickly ascend above the 33.86828748 point. If there is a decline in the 27.67149675-30.66186462 section, a Stop Loss is required to preserve profit or loss. The next volatility period is around April 29th. ---------------------------------- (DOTBTC 1D chart) 58041 Satoshi-68173 We must watch for any movement that deviates from the Satoshi section. In particular, we have to see if we can get support and climb at the 61311 point. If it falls at the 58041 point, a Stop Loss is needed to preserve the profit and loss. -------------------------------------------------- ------------------------------------------- ** All indicators are lagging indicators. So, it's important to be aware that the indicator moves accordingly with the movement of price and volume. Just for the sake of convenience, we are talking upside down for interpretation of the indicators. ** The wRSI_SR indicator is an indicator created by adding settings and options from the existing Stochastic RSI indicator. Therefore, the interpretation is the same as the conventional 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 that oh92 disclosed. (Thank you for this.) ** Check support, resistance, and abbreviation points. ** Support or resistance is based on the closing price of the 1D chart. ** All explanations are for reference only and do not guarantee profit or loss on investment. Explanation of abbreviations displayed on 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 segment that can be bought for profit generation as a support point or segment (Short-term Stop Loss can be said to be a point where profits and losses can be preserved or additionally entered through installment transactions. 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 do not trade 24 hours a day. G1: Closing price when closed G2: Cigar at the time of opening (Example) Gap (G1-G2)
BINANCE:DOTUSD
by readCrypto