DOTBTC
DOT/USDT REVERSAL LONG TRADEI got into a $DOT trade and lets just say it both has and hasn't been the greatest experience. Making the noob mistake of not checking the higher timeframes I got into the trade around 34.. pretty much at resistance.. if I get out of this one alive I'll be lucky to still call myself a trader...
Just a little analysis based on what $DOT seems to currently be doing..
It's just an idea but I hope it sparks an even better strategy in your mind..
Thank you in advance
DOTBTC to continue uptrend as previously, after re-testing 20MA Predicting DOTBTC to continue up-trending, after it retested the 20 day moving average this week.
Other times DOT has retested 20MA and shot upwards:
Last week of Dec tested before breaking out above $5
Mid Jan tested before breaking out above $8
End of Jan tested before breaking out above $15-16
Mid Feb tested before breaking out above $32
DOTBTC False Breakout Scalp Short 2021/02/27Pair DOTBTC
Direction Short
Entry 0.00073800
SL 0.00074937
TP1 0.00073402
TP2 0.00073061
TP3 0.00072777
TP4 0.00072436
Signal Rating 3/5
DISCLAIMER: I am NOT a financial advisor and this post is NOT financial/investment/trading advice. I will not be responsible for any actions you take based on the analysis and comments that I provide. I am simply sharing what I am doing, and is not meant to be investment or trading advice. What you choose to do with the information that I provide is your own sole responsibility! The cryptocurrency market is extremely volatile, and you WILL lose all your money if you are inexperienced! DO NOT risk any money that you cannot afford to lose and always be cautious and manage your risk!
Please support me by liking and following, and sharing your ideas and analysis in the comments! Thanks!
DOT Buy a break.DOTUSDT - Intraday - We look to Buy a break of 35.22 (stop at 33.68)
Daily signals are bullish.
A break of bespoke resistance at 35.00, and the move higher is already underway.
Our bias remains bullish and further upside is expected to target resistance at 40.00.
Dips continue to attract buyers.
Our profit targets will be 39.86 and 41.88
Resistance: 35.00 / 38.00 / 40.00
Support: 33.30 / 30.00 / 29.00
DOTUSDT (POLKADOT) - UPTREND CONTINUATION ANALYSIS 🔎
- DOTUSDT hit a swing high.
- The market then retraced for a retest of the ascending trendline support and the 0.618 fibonacci retracement level.
- The retracement is resisted by the descending trendline resistance.
- We could see a bounce off the ascending trendline support.
BUY ENTRY ⬆️
- Breakout above the descending trendline resistance.
TARGETS 🎯
- Horizontal resistance level (R1).
- Horizontal resistance level (R2).
- Fibonacci extension levels.
SETUP INVALIDATION ❌
- Breakdown below the ascending trendline support.
💡 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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💡 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!
❤️ Your Support is very much 🙏 appreciated!❤️
💎 Want us to help you become a better Forex trader?
Now, It's your turn!
Make sure to leave a comment. Let us know how do you see this opportunity and forecast.
Trade well, ❤️
ForecastCity English Support Team ❤️
PolkaDot TradeI open a buy order on this continuation figure, the trend allows me to keep a fairly large stop loss at about -30% below $ 15; Excellent R / R over the medium term.
The MACD below slightly lags the possibility that the trend will continue to rise.
If you liked this analysis, help me to improve them more and more, donate here:
12U6rzz5JFXunUasYWxivgrQGMdZsbn3S2cr33FvcJytBcDo
POLKADOT: Parabolic Move Just StartedHello Investors and Traders,
My last post suggests a parabolic move for Polkadot in USD. If we take a look at that post, it played out on the short term. However this is just the beginning. Taking a look at the DOTBTC ratio, we see that DOT broke a previous major resistance. So we can expect a continuation for DOT to outpace Bitcoin by about 70%. In USD terms that is about $65 per DOT.
Let me know what you think.
POLKADOT (DOTUSDT/DOTBTC) Daily Trade Setups 2021/02/20Hi guys! I will be sharing the trades that I take in real time, follow to see how my trades work out!
If you like this post, please support me by clicking the like and follow buttons. Also feel free to share your thoughts and analysis in the comments below!
And don’t forget to check out my daily analysis on Bitcoin, Ethereum, and Altcoins!
Trade Setups
Below are the potential trade setups that I would be interested in trading:
DOTUSDT
Long Trade Setup #1: Retest and Continuation (200MAs)
1. Price Action: Price needs to move back down to the 200MAs, currently projected to be @ $30-31 by the time price reaches it, and bounce back up.
2. Trade Entry Confirmations: Bullish candlestick pattern, above average volume, MACD bottoming
DOTBTC
Long Trade Setup #1: Retest and Continuation (200MAs)
1. Price Action: Price needs to move back down to the 200MAs, currently projected to be @ 60-61K Sats by the time price reaches it, and bounce back up.
2. Trade Entry Confirmations: Bullish candlestick pattern, above average volume, MACD bottoming
About Me
I started trading in 2008, first got introduced to bitcoin in 2009, and have been actively trading cryptocurrencies since 2016.
I have worked on Wall Street trading bonds, stocks, and options.
I have taken hundreds of live trades, each recorded with over 50 data points, all meticulously analyzed, using data analysis and modeling to optimize win probability and risk reward.
Why Follow Me
Daily analysis on the latest market movements and price zones for high probability trade setups.
Sharing of live trades that I take.
A great place to help each other, learn from each other, and grow together.
Trading education including a comprehensive cryptocurrency trading eBook, personal advice, and other educational materials
Constantly testing and adding new trading strategies and refining battle-tested ones.
DISCLAIMER: I am NOT a financial advisor and this post is NOT financial/investment/trading advice. I will not be responsible for any actions you take based on the analysis and comments that I provide. I am simply sharing what I am doing, and is not meant to be investment or trading advice. What you choose to do with the information that I provide is your own sole responsibility! The cryptocurrency market is extremely volatile, and you WILL lose all your money if you are inexperienced! DO NOT risk any money that you cannot afford to lose and always be cautious and manage your risk!
Please support me by liking and following, and sharing your ideas and analysis in the comments! Thanks!
POLKADOT (DOTUSDT/DOTBTC) Daily Trade Setups 2021/02/19Hi guys! I will be sharing the trades that I take in real time, follow to see how my trades work out!
If you like this post, please support me by clicking the like and follow buttons. Also feel free to share your thoughts and analysis in the comments below!
And don’t forget to check out my daily analysis on Bitcoin, Ethereum, and Altcoins!
Trade Setups
Below are the potential trade setups that I would be interested in trading:
DOTUSDT
Long Trade Setup #1: Retest and Continuation (200MAs)
1. Price Action: Price needs to move back down to the 200MAs, currently projected to be @ $28.5 by the time price reaches it, and bounce back up.
2. Trade Entry Confirmations: Bullish candlestick pattern, above average volume, MACD bottoming
Long Trade Setup #2: Breakout and Continuation
1. Price Action: Price breaks above and falls back down to $32.6 and bounce back up.
2. Trade Entry Confirmations: Bullish candlestick pattern, above average volume, MACD bottoming
Short Trade Setup #1: False Breakout
1. Price Action: Price breaks above and then falls below the high @ $32.6, forming a bull trap
2. Trade Entry Confirmations: A breakout candlestick followed by a breakdown candlestick, above average volume on both breakout candle and breakdown candle, MACD topping out
DOTBTC
Long Trade Setup #1: Retest and Continuation (200MAs)
1. Price Action: Price needs to bounce back up and close above 60K Sats.
2. Trade Entry Confirmations: Bullish candlestick pattern, above average volume, MACD bottoming
Long Trade Setup #2: Breakout and Continuation
1. Price Action: Price breaks above and falls back down to 64.3K Sats and bounce back up.
2. Trade Entry Confirmations: Bullish candlestick pattern, above average volume, MACD bottoming
Short Trade Setup #1: False Breakout
1. Price Action: Price breaks above and then falls below the high @ 64.3K Sats, forming a bull trap
2. Trade Entry Confirmations: A breakout candlestick followed by a breakdown candlestick, above average volume on both breakout candle and breakdown candle, MACD topping out
About Me
I started trading in 2008, first got introduced to bitcoin in 2009, and have been actively trading cryptocurrencies since 2016.
I have worked on Wall Street trading bonds, stocks, and options.
I have taken hundreds of live trades, each recorded with over 50 data points, all meticulously analyzed, using data analysis and modeling to optimize win probability and risk reward.
Why Follow Me
Daily analysis on the latest market movements and price zones for high probability trade setups.
Sharing of live trades that I take.
A great place to help each other, learn from each other, and grow together.
Trading education including a comprehensive cryptocurrency trading eBook, personal advice, and other educational materials
Constantly testing and adding new trading strategies and refining battle-tested ones.
DISCLAIMER: I am NOT a financial advisor and this post is NOT financial/investment/trading advice. I will not be responsible for any actions you take based on the analysis and comments that I provide. I am simply sharing what I am doing, and is not meant to be investment or trading advice. What you choose to do with the information that I provide is your own sole responsibility! The cryptocurrency market is extremely volatile, and you WILL lose all your money if you are inexperienced! DO NOT risk any money that you cannot afford to lose and always be cautious and manage your risk!
Please support me by liking and following, and sharing your ideas and analysis in the comments! Thanks!
POLKADOT (DOTUSDT/DOTBTC) Daily Trade Setups 2021/02/18Hi guys! I will be sharing the trades that I take in real time, follow to see how my trades work out!
If you like this post, please support me by clicking the like and follow buttons. Also feel free to share your thoughts and analysis in the comments below!
And don’t forget to check out my daily analysis on Bitcoin & Ethereum!
Trade Setups
Below are the potential trade setups that I would be interested in trading:
DOTUSDT
Long Trade Setup #1: Retest and Continuation (200MAs)
1. Price Action: Price needs to move back down to the 200MAs, currently projected to be @ $28 by the time price reaches it, and bounce back up.
2. Trade Entry Confirmations: Bullish candlestick pattern, above average volume, MACD bottoming
DOTBTC
Long Trade Setup #1: Retest and Continuation (200MAs)
1. Price Action: Price needs to move back down to the 200MAs, currently projected to be @ 57.5K Sats by the time price reaches it, and bounce back up.
2. Trade Entry Confirmations: Bullish candlestick pattern, above average volume, MACD bottoming
Long Trade Setup #2: Breakout and Continuation
1. Price Action: Price breaks above and falls back down to 64.3K Sats and bounce back up.
2. Trade Entry Confirmations: Bullish candlestick pattern, above average volume, MACD bottoming
Long Trade Setup #1: False Breakdown
1. Price Action: Price breaks below the then rapidly climbs above 64.3K Sats, forming a bear trap
2. Trade Entry Confirmations: A breakdown candlestick followed by a reclaiming candlestick, above average volume on both breakdown candle and reclaiming candle, MACD bottoming
About Me
I started trading in 2008, first got introduced to bitcoin in 2009, and have been actively trading cryptocurrencies since 2016.
I have worked on Wall Street trading bonds, stocks, and options.
I have taken hundreds of live trades, each recorded with over 50 data points, all meticulously analyzed, using data analysis and modeling to optimize win probability and risk reward.
Why Follow Me
Daily analysis on the latest market movements and price zones for high probability trade setups.
Sharing of live trades that I take.
A great place to help each other, learn from each other, and grow together.
Trading education including a comprehensive cryptocurrency trading eBook, personal advice, and other educational materials
Constantly testing and adding new trading strategies and refining battle-tested ones.
DISCLAIMER: I am NOT a financial advisor and this post is NOT financial/investment/trading advice. I will not be responsible for any actions you take based on the analysis and comments that I provide. I am simply sharing what I am doing, and is not meant to be investment or trading advice. What you choose to do with the information that I provide is your own sole responsibility! The cryptocurrency market is extremely volatile, and you WILL lose all your money if you are inexperienced! DO NOT risk any money that you cannot afford to lose and always be cautious and manage your risk!
Please support me by liking and following, and sharing your ideas and analysis in the comments! Thanks!
DOT showing the way to BTC - FractalWe all know that BTC wont stop now that Elon and his MEGA CHAD elitist gang are in a race for who's buying the most BTC.
Mainstream is the phase we are looking at.
But, interestingly we might think DOT is the real leader right now, or has the most interest in crypto space along with the DEFI gang.
It is front running BTC and showing the path (on chart, not by market cap).
Without making too much noise DOT is now the 3rd biggest coin in market cap if you exclude USDT.
It may go way higher and even make ETH sweat imo. It has 29B market cap against 211B for ETH. A lot
of space to grow.
Anyways, in my opinion this fractal is showing us the path BTC will follow.
If you zoomed out, you would see the pure parabola also.
BTC next target : 61k
DOT clear uptrend !!DOT / USDT
i believe this coin still have much room of growth this year ..we can see in chart clear uptrend
My last buy signal to my members was given at 18-19$ and still holding
We can see in chart
Play in ascending broadning wedge
Every time daily candel touch 20 EMA = PUMP
🚨 Invalidation of uptrend = daily candle close below 20EMA or loss of lower trendline
Good luck
DOT/BTC another Breakout soon ?DOT / BTC
price show bullish accumulation pattern against BTC pair in previous high swing area
Holding above MA 20
The volume is strong
From previous experience...it can do massive Breakout soon..but if only BTC keep calm and Dominance drop a little
You can check too my previous idea about DOT against Tether (USDT) pair here 👇
Good luck