PolkaDot DOTUSDT - Descending triangle- Currently number 9 coin on coinmarketcap. I don't really understand, very overpriced in my opinion.
- False breakout last day above 2 previous highs with no continuation to the upside.
- You can buy this coin for a cheaper price in the future.
- 2 USD is the target.
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DOTBTC
Will DOT Explode Next Week?This is my analysis of the pair BINANCE:DOTBTC . Both MACD and RSI indicators show some upcoming Bullish sign to the current price. 20 MA is sloping up, Bollinger Band is squeezing hard, and Buying Volume is picking up. Expect a small retracement (if any) before breaking out of the range. Hopefully, the price still closes above the 20 MA for the next few days.
Note: There might be a low trading volume during this coming weekend, but will Polkadot manage to make a U-Turn to the upside next week? Please comment and share your thoughts. Happy Trading!
#PolkaDot ($DOT BTC) perfect buy range is here!BINANCE:DOTBTC is one of most-promising projects that had a huge rally when it was listed on major exchanges.
Huge gains were made by shorting it until now.
Bullish signals we can see on daily chart of Polkadot that will reward you with nice profits once we break the downtrend.
Risk: 5
Reward: 8
DOT is dropping to complete next bullish setup for upto 190%The priceline of Polkadot (DOT) is completing the final leg of bullish BAT pattern, the targets as per the Fibonacci sequence of BAT are:
Potential reversal or buying zone: 0.00022208 to 0.00017438 btc
Fibonacci projection or sell zone: 0.00033582 to 0.00050650 btc
Regards,
Atif Akbar (moon333)
DOTBTC on Bitfinex completed Gartley | Upto 65% move expectedThe priceline of Polkadot (DOT) with Bitcoin pair on Bitfinex has completed bullish Gartley on the 2-day chart, In my point of view this move is more likely to be firmed than the move on Binance chart with Bitcoin pair, that I posted earlier as below:
The targets as per the Fibonacci sequence of Gartley are:
Potential reversal or buying zone: 0.00037629 to 0.00031935 btc
Fibonacci projection or sell zone: 0.00042099 to 0.00052901 btc
Regards,
Atif Akbar (moon333)
DOT DUMP OVER OR JUST THE BEGINNING?
DOT Formed A Descending Triangle Which Can Lead To More Dumping.
BUT It Wont Take Much For The Bulls To Take Over Because Of The Decreasing Volume And Exhausted Selling Pressure
Indicators Nearing Oversold Could Be An Opportunity To Buy Back DOT At These Levels.
Trade With Caution!
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This Chart is Used for Educational Purposes Only And NOT A Recommendation to Buy or Sell the Asset.
DOT near DEMAND ZONE (Accumulation Going) - Ready to FLY#DOTBTC TA Update:
1. Zone 1 was Ascending Wedge which always follows a downward movement as it did.
2. Zone was a Falling wedge or we can say it was a distribution zone. After this, usually, Consolidation/Accumulation happens which happened in ZONE 3.
3. Zone 3 at the moment, is where accumulation is happening. DOT is consolidating between two levels (Daily Resistance @42212 & DEMAND ZONE 38200-37500)
4. In the coming days, we may see some accumulation and the price may touch 36000 for a retracement. After which we gonna see a rally upwards.
5. For DIP Buying you can set Buy Orders at 36000 sats. Or Anywhere in DEMAND ZONE. Right now its gonna come back to the demand zone. And we gonna see BULLISH Trend afterward.
Note:
SEPTEMBER was ALTS BLEED month due to the instability of Bitcoin Dominance & Bitcoin Price.
Always Trade with caution. Alts follow bitcoin dominance.
If Bitcoin Dominance is UP ► Alts Gonna DUMP
If Bitcoin Dominance is DOWN ► ALts Gonna PUMP
Now, DOT Price is gonna fall at the demand zone, I am looking to buy DOT at the demand zone for Huge Profits afterward.
Please Ignore any mistakes if you found.
Thanks, Your support is appreciated.