Get started

DOTUSD

DOTUSDT | Wave Projection | Triple Bullish Divergence DragonPrice action and chart pattern trading > Anticipating a breakout of dragon ridge or descending triangle breakout downtrend DRAGON ABC wave pattern with current Intermediate C-wave in zigzag formation > Target @ possible making a minor 4-wave uptrend correction retracing 0.0382-0.5 previous 3-wave +50% - +70% > Stoploss @ the lowest position of the -25 - 30% to the bottom forming the 1st claw of the dragon, relatively closed to the target of dragon main head & shoulders. > Entry @ 1st Inverse Claw breakout > RRR: 2.5:1 Indicator: MACD triple bullish divergence & RSI double divergence Always trade with affordable risk and respect your stoploss
Long
by dukeposh
1
Polkadot (DOT) - August 7hello? Welcome, traders. If you "follow", you can always get new information quickly. Please also click "Like". Have a good day. ------------------------------------- (DOTUSDT 1M Chart) The key is whether it can be supported by rising to the 11.72-14.93 section. (1W chart) In order to rise to the 11.72-14.93 range, the key is whether the price can be maintained above the 7.16-7.74 range. (1D chart) Primary resistance: 9.75 Secondary resistance: 11.03-11.72 Support: 6.89-7.74 A drop near 9.75 is likely to create a pull back pattern. At this time, you need to check if it is supported in the 6.89-7.74 section. The 11.72-14.93 interval is the interval that determines the trend. Therefore, if it rises to 11.72-14.93 without being supported and falls, it is necessary to stop loss to secure cash. Therefore, when it falls below 11.03 and receives resistance, it must be Stop Loss. If you look at the overall chart, you can see that the current price position is at a fairly low price point. It is good to get short-term profits by investing in coins or tokens in this price range, but I think it is better to increase the number of coins (tokens) from a mid- to long-term point of view. To do this, it is necessary to check which ecosystem the coin (token) you want to invest in belongs to and is expanding. This is because I do not think it is good to invest only with the roadmap or future-oriented plan (?) pursued by the coin (token) in a situation that is being combined with the actual business aspect. The time has come to examine whether the coin ecosystem of the coin (token) you want to invest in is expanding and whether it is useful in actual business. This is because the era in which themes such as DeFi, NFT, and P2E are created, interest is received using deposit services, and value can be traded through games has begun. Investing in active coins (tokens) rather than investing in inactive coins (tokens) will give you the strength to survive in the uncertain coin market. ------------------------------------------------------------ ------------------------------------------- ** All descriptions are for reference only and do not guarantee a profit or loss in investment. ** The MRHAB-T indicator, which is inactive on the chart, contains indicators that indicate support and resistance points. ** Background color of Long/Short-S indicator: RSI oversold and overbought sections ** Background color of CCI-C indicator: When the short-term CCI line is below -100 and above +100, oversold and overbought sections are displayed. ** The OBV indicator was re-created by applying a formula to the DepthHouse Trading indicator, an indicator disclosed by oh92. (Thanks for this.) (Short-term Stop Loss can be said to be a point where profit and loss can be preserved or additional entry through split trading. It is a short-term investment perspective.) ---------------------------------
by readCrypto
Polkadot: 77% rally incoming.Hello all. Looking at DOTUSD on the daily chart, we see the price of polkadot inside a rising channel, and currently sitting at a point of resistance at the current $8.75 price level. While the support of this channel is at $7.14 which is a 20% lower price, the next biggest resistance sits at $15 which is a potential 77% gain. If the price breaks the current resistance and hits the fib golden pocket at $9 .50 I will expect a rally all the way up to $15. Retest levels to keep an eye on: 51 Day EMA, Support of the channel at $7.14, 100% fib level at $11.9. Thanks for reading, and stay tuned. Enjoy.
BINANCE:DOTUSD
by EdgarTigranyan
1
DOTUSD Potential for Bearish Continuation | 2nd August 2022On the H4, with price breaking the ascending channel , we have a bearish bias that price might drop from our buy entry at 7.53, which is in line with 100% projection and 61.8% fibonacci retracement to the take profit at 6.57, which is in line with overlap support and 161.8% fibonacci projection . Alternatively, price may rise to our stop loss at 9.03, which is in line with the swing high. Take note the 8.02 could be our intermediate resistance, which is in line with the 78.6% fibonacci rertracement. Any opinions, news, research, analyses, prices, other information, or links to third-party sites contained on this website are provided on an "as-is" basis, as general market commentary, and do not constitute investment advice. The market commentary has not been prepared in accordance with legal requirements designed to promote the independence of investment research, and it is therefore not subject to any prohibition on dealing ahead of dissemination. Although this commentary is not produced by an independent source, FXCM takes all sufficient steps to eliminate or prevent any conflicts of interest arising out of the production and dissemination of this communication. The employees of FXCM commit to acting in the clients' best interests and represent their views without misleading, deceiving, or otherwise impairing the clients' ability to make informed investment decisions. For more information about the FXCM's internal organizational and administrative arrangements for the prevention of conflicts, please refer to the Firms' Managing Conflicts Policy. Please ensure that you read and understand our Full Disclaimer and Liability provision concerning the foregoing Information, which can be accessed on the website.
BINANCE:DOTUSDShort
by FXCM
DOTUSD Potential for Bearish Continuation | 2nd August 2022 On the H4, with price breaking the ascending channel , we have a bearish bias that price might drop from our buy entry at 7.53, which is in line with 100% projection and 61.8% fibonacci retracement to the take profit at 6.57, which is in line with overlap support and 161.8% fibonacci projection. Alternatively, price may rise to our stop loss at 9.03, which is in line with the swing high. Take note the 8.02 could be our intermediate resistance, which is in line with the 78.6% fibonacci rertracement. Any opinions, news, research, analyses, prices, other information, or links to third-party sites contained on this website are provided on an "as-is" basis, as general market commentary, and do not constitute investment advice. The market commentary has not been prepared in accordance with legal requirements designed to promote the independence of investment research, and it is therefore not subject to any prohibition on dealing ahead of dissemination. Although this commentary is not produced by an independent source, FXCM takes all sufficient steps to eliminate or prevent any conflicts of interest arising out of the production and dissemination of this communication. The employees of FXCM commit to acting in the clients' best interests and represent their views without misleading, deceiving, or otherwise impairing the clients' ability to make informed investment decisions. For more information about the FXCM's internal organizational and administrative arrangements for the prevention of conflicts, please refer to the Firms' Managing Conflicts Policy. Please ensure that you read and understand our Full Disclaimer and Liability provision concerning the foregoing Information, which can be accessed on the website.
BINANCE:DOTUSDShort
by Rockqet
DOTUSD Potential for Bullish Continuation | 1st August 2022On the H4, with price moving along the ascending channel, we have a bullish bias that price might rise from our buy entry at 8.99, which is in line with pullback resistance to the take profit at 9.91, which is in line with overlap resistance and 161.8% fibonacci projection. Alternatively, price may drop to our stop loss at 8.18, which is in line with the 38.2% fibonacci retracement and 78.6% fibonacci projection . Any opinions, news, research, analyses, prices, other information, or links to third-party sites contained on this website are provided on an "as-is" basis, as general market commentary, and do not constitute investment advice. The market commentary has not been prepared in accordance with legal requirements designed to promote the independence of investment research, and it is therefore not subject to any prohibition on dealing ahead of dissemination. Although this commentary is not produced by an independent source, FXCM takes all sufficient steps to eliminate or prevent any conflicts of interest arising out of the production and dissemination of this communication. The employees of FXCM commit to acting in the clients' best interests and represent their views without misleading, deceiving, or otherwise impairing the clients' ability to make informed investment decisions. For more information about the FXCM's internal organizational and administrative arrangements for the prevention of conflicts, please refer to the Firms' Managing Conflicts Policy. Please ensure that you read and understand our Full Disclaimer and Liability provision concerning the foregoing Information, which can be accessed on the website.
BINANCE:DOTUSDLong
by Rockqet
1
DOTUSD Potential for Bearish Rise | 29th July 2022On the H4, with price moving along the ascending channel, we have a bullish bias that price might rise from our buy entry at 8.00, which is in line with pullback resistance to the take profit at 8.49, which is in line with overlap resistance. Alternatively, price may drop to our stop loss at 7.50, which is in line with the 38.2% fibonacci retracement. Any opinions, news, research, analyses, prices, other information, or links to third-party sites contained on this website are provided on an "as-is" basis, as general market commentary, and do not constitute investment advice. The market commentary has not been prepared in accordance with legal requirements designed to promote the independence of investment research, and it is therefore not subject to any prohibition on dealing ahead of dissemination. Although this commentary is not produced by an independent source, FXCM takes all sufficient steps to eliminate or prevent any conflicts of interest arising out of the production and dissemination of this communication. The employees of FXCM commit to acting in the clients' best interests and represent their views without misleading, deceiving, or otherwise impairing the clients' ability to make informed investment decisions. For more information about the FXCM's internal organizational and administrative arrangements for the prevention of conflicts, please refer to the Firms' Managing Conflicts Policy. Please ensure that you read and understand our Full Disclaimer and Liability provision concerning the foregoing Information, which can be accessed on the website.
BINANCE:DOTUSDLong
by Rockqet
1
DOTUSD Potential for Bullish Rise | 28th July 2022On the H4, with price breaking the descending channel, and showing a bullish flag pattern, we have a bullish bias that price might rise from our buy entry at 7.52, which is in line with pullback resistance to the take profit at 8.46, which is in line with overlap resistance. Alternatively, price may drop to our stop loss at 6.55, which is in line with the swing low support. Any opinions, news, research, analyses, prices, other information, or links to third-party sites contained on this website are provided on an "as-is" basis, as general market commentary, and do not constitute investment advice. The market commentary has not been prepared in accordance with legal requirements designed to promote the independence of investment research, and it is therefore not subject to any prohibition on dealing ahead of dissemination. Although this commentary is not produced by an independent source, FXCM takes all sufficient steps to eliminate or prevent any conflicts of interest arising out of the production and dissemination of this communication. The employees of FXCM commit to acting in the clients' best interests and represent their views without misleading, deceiving, or otherwise impairing the clients' ability to make informed investment decisions. For more information about the FXCM's internal organizational and administrative arrangements for the prevention of conflicts, please refer to the Firms' Managing Conflicts Policy. Please ensure that you read and understand our Full Disclaimer and Liability provision concerning the foregoing Information, which can be accessed on the website.
BINANCE:DOTUSDLong
by Rockqet
Polkadot (DOT) - July 25Hello? Welcome, traders. By "following", you can always get new information quickly. Please also click "Like". Have a good day. ------------------------------------- (DOTUSDT 1W Chart) It is important to be able to rise above the 9.26-10.13 section. To do that, you need to make sure you can climb above the 7.16-7.74 section. (1D chart) Primary resistance: 8.49 Secondary resistance: 9.26-10.13 1st support: 6.60 2nd support: 5.19-5.67 We need to see if we can break above the 60 SMA line. ------------------------------------------------------------ ------------------------------------------- ** 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 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
2
Polkadot - Bullish Divergence still in play Polkadot has a similar story to many alts and arguably Bitcoin itself. It had a decent Bullish divergence confirmation on July 13th, but has had a weak bounce since at only 34% to the high at $8.00 but if we can hold this area of support/demand in green at just over $7 then I think we could see this bullish divergence push higher toward $10-11.00 Below $7 I see us testing the lower green demand zone at around $6.50 and below that, well, we will see new lows imo. Definitely need to hold the first green area to remain bullish in the short term, otherwise it looks weak and frail for another leg down. Not a terrible time to begin accumulating if you're interested in this project long term. Remember, DOTS high was $54 USD which is a measly 650%, just depends if you see it breaking that high in the future. Again, accumulating over time because it could easily see $4-5 in the near future where you want some capital set aside to take advantage of when it bottoms out, if you believe in it imo. V
by cryptovatsik