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DOTBTC

#DOT/BTC 1DAY UPDATE BY CRYPTOSANDERS !!Welcome to this quick DOT/ BTC analysis. I have tried my best to bring the best possible outcome in this chart. Reason of trade:-DOT/ BTC PARALLEL CHANNEL and buy the green zone and (SPOT CALL) Entry:-0.0003000,0.0003333 Traget:- 50% Stoploss:- 0.0002722 Remember:-This is not a piece of financial advice. All investment made by me is at my own risk and I am held responsible for my own profit and losses. So, do your own research before investing in this trade. Sorry for my English it is not my native language. Do hit the like button if you like it and share your charts in the comments section. Thank you...
Long
by CryptoSanders9563
Polkadot (DOT) - May 18hello? Traders, welcome. By "following", you can always get new information quickly. Please also click "Like". Have a nice day. ------------------------------------- (DOTUSDT 1W Chart) The key is whether you can get support and rise in the volume profile section formed in the section 9.26-10.13. In order to continue the upward trend in the medium to long term, it should rise above the 18.42-19.37 section. (1D chart) Since 9.26-10.13 is a mid- to long-term investment area, careful trading is required. Therefore, it is important to see support by moving above 13.64. However, since a volume profile section is also formed around 19.37, it is expected that the upward trend can be continued only when it rises above 19.37. Therefore, below the 19.37 point, you need to conduct a transaction by purchase unit price to increase the number of coins you have in a transaction method that increases the number of coins for profit. If possible, we recommend making a full-fledged investment in Jinhae after confirming the support at 19.37. ------------------------------------------------------------ ------------------------------------------- ** All indicators are lagging indicators. Therefore, it is important to be aware that the indicator will move accordingly as price and volume move. However, for the sake of convenience, we are talking in reverse for the interpretation of the indicator. ** The MRHAB-T indicator used in the chart is an indicator of our channel that has not been released yet. ** The OBV indicator was re-created by applying a formula to the DepthHouse Trading indicator, an indicator disclosed by oh92. (Thanks for this.) ** 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. (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.) ---------------------------------
by readCrypto
POLKADOT - ROAD TO $200Good morning traders. DOT/USDT the pair for today, lets begin. In light of the recent Bitcoin dump, a lot of alts have found themselves at strong support, some below it and stables depegging from the dollar. Question is, are we at the bottom now? While i may not be able to clarify if we are at the bottom or not, it doesn't feel like it, I can however say this is a very good buying opportunity for many alts. From the chart above we have the DOT price back at July 2021 levels, very strong support area. It could however make it's way down to our worst case scenario region which is also in line with the 1.236 fib support level dependng on Bitcoin's price action. So far we have a Regular flat formed on the chart which in theory has it's C wave to be 61.8%-123.6% of wave AB. Whether or not this is the bottom it is still a very good buying opportunity (but don't take my word for it). If the Elliott wave theory is correct (and has been so far), targets for our wave 3 range from $175-$240 dollars(red zone) depending on where the bottom will be. In the blue zone we have our Take profit region just to ensure we take some of the table in the case of exhaustion. I expect this to fulfil over a lengthy timeframe given the state of the market but, you never know. If you agree with this Idea pls like, share and comment your thoughts below. As always feedback is appreciated!
Long
by RektMyMom
6
SCENARIO 2 FOR A POLKADOT BOTTOMPls visit our last Polkadot analysis for better context. As we know DOT was inside an ascending triangle pattern ( bullish ), however price has fallen out of that pattern for a much larger wave 2 correction. Should price fail to close back inside the triangle and i think it wil fail due to bitcoin's vacation, we will have ourselves in play, a regular flat correction for wave 2, comprising of a large ABC correction with the C wave being a 5 way impulse move marking a 100% retracement of our Wave AB and aligns perfectly with the downward trend channel price seems to have created. Make sure to apply proper risk management. Goodluck
by RektMyMom
Polkadot (DOT) - April 19hello? Traders, welcome. By "following", you can always get new information quickly. Please also click "Like". Have a nice day. ------------------------------------- (DOTUSDT 1W Chart) Resistance: around 19.37 1st support: around 13.64 2nd support: around 9.26 If it rises above 19.37, it is expected to create a new wave. (1D chart) (buy) - After confirming the support in the section 17.69-19.37 - If possible, it's good to see support in 19.37. (Stop Loss) - When it falls below 16.16 (Sell) - When receiving resistance near 25.07 - When resistance is received in the section 33.80-36.76 Several indicators are set in the section 17.69-19.37. As such, I think it is a section that will play the role of support and resistance well. Therefore, it is important to find support or resistance in the 17.69-19.37 section. If it rises above 36.76, we expect a full-fledged uptrend to continue. ------------------------------------------------------------ ----------------------------------------------------- ** All indicators are lagging indicators. Therefore, it is important to be aware that the indicator will move accordingly as price and volume move. However, for the sake of convenience, we are talking in reverse for the interpretation of the indicator. ** The MRHAB-T indicator used in the chart is an indicator of our channel that has not been released yet. ** The OBV indicator was re-created by applying a formula to the DepthHouse Trading indicator, an indicator disclosed by oh92. (Thanks for this.) ** 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. (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.) ---------------------------------
by readCrypto
Polkadot looking interestingPolkadot (DOT) has been quiet for a while vs BTC--but that's often when the best opportunities present themselves. Negative momentum appears to be slowing and I'm seeing Bullish Divergence on the Daily chart. Having said that, I'm still expecting a retest of the Trend Support and that's where I would look to start averaging into a long position. If Support breaks, I'll be looking at 3500 sats for another buy opportunity. Happy Trading. ---------------------------------------------------------------- These are my personal views and not financial advice. Please do your own research before investing. I'd love to hear your thoughts, ideas and feedback. Feel free to Comment and I'll try and get back to you quickly. If you appreciated this analysis, consider Liking or Following . Thanks!
by mercury_rising