Are altcoins showing meaningful trends?KRAKEN:DOTUSD This thought comes from the "Bitcoin Rainbow" www.blockchaincenter.net Specifically here I think there's starting to be hints of what a hardcore HODL'r might define as a buying channel.Longby markbarendt2
Polkadot (DOT) - March 3Hello? Traders, welcome. If you "follow", you can always get new information quickly. Please also click "Like". Have a good day. ------------------------------------- (DOTUSD 1W Chart) If support is found above the 16.15 point, I would expect it to move above the 20.27 point. However, to turn into an uptrend, it must rise at least 23.0 points. If it falls below the 16.15 point, it is expected that the price will fall near the 10.16 point, so you need to trade cautiously. (1D chart) The 20.22-23.31 interval is an important interval that determines the trend. Therefore, it is important to rise to the 20.22-23.31 section and find support. The next volatility period is around March 12. ------------------------------------- (DOTBTC 1W chart) 0.0003 911 - 0.0004 872 section: volume profile section If it falls below the 0.0003 911 point, it may move up near the 0.0003 242 point, so trade with caution. It needs to rise above the 0.0005 287 point to turn into an uptrend. However, it is expected that the uptrend will continue only when it deviates from the downtrend line. ------------------------------------------ We recommend that you trade with your average unit price. This is because, if the price is below your average unit price, whether the price trend is in an upward trend or a downward trend, there is a high possibility that you will not be able to get a big profit due to the psychological burden. The center of all trading starts with the average unit price at which 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, ultimately allowing the funds corresponding to the profits to be able to regenerate themselves. ------------------------------------------------------------ ----------------------------------------------------- ** 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 convenience, we are talking in reverse for the interpretation of the indicator. ** The MRHAB-O and MRHAB-B indicators used in the chart are indicators of our channel that have not been released yet. (Since it was not disclosed, you can use this chart without any restrictions by sharing this chart and copying and pasting the indicators.) ** The wRSI_SR indicator is an indicator created by adding settings and options to the existing Stochastic RSI indicator. Therefore, the interpretation is the same as the traditional 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 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 readCrypto14
DOTUSD - Emergency Update to Channel with Battling ArcsThe market just woke up and DOT has definitively broken out of the red arc it had been following down for months. I redrew the arcs to see what it looks like if we've already seen the local bottom. If the green arc back up to the channel top plays out, we will see DOT in the $65 range in early summer. If that is the case, smaller DOT ecosystem tokens like GLMR, PDEX, and ACA should see even bigger gains. This is in line with what I see as the macro picture unfolding. The world is waking up to the need for crypto. Enjoy.Longby funtimes2210
DOTUSD D1: 1000%+ gains THE BEST Level to BUY/HOLD (SL/TP)(UPDATWhy get subbed to me on Tradingview? -TOP author on TradingView -2000+ ideas published -15+ years experience in markets -Professional chart break downs -Supply/Demand Zones -TD9 counts / combo review -Key S/R levels -No junk on my charts -Frequent updates -Covering FX/crypto/US stocks -before/after analysis -24/7 uptime so constant updates 🎁Please hit the like button and 🎁Leave a comment to support our team! DOTUSD D1: 1000%+ gains THE BEST Level to BUY/HOLD (SL/TP)(UPDATE) IMPORTANT NOTE: speculative setup. do your own due dill. use STOP LOSS. don't overleverage. IMPORTANT NOTE: read entire idea before execution. Tagged as BULLISH because I expect reversal once we hit 8/9 USD. 🔸 Summary and potential trade setup ::: DOTUSD D1 chart review ::: chart looks good /strong ::: HOWEVER short-term ::: expect 40-50% correction mode ::: setup still valid as of right now ::: previously massive BULL TRAP after ::: FAILURE to break CYCLE HIGH ::: get ready to BUY LOW later ::: expecting BEAR TRAP near 8/9USD ::: i.e. FAKE BREAKDOWN of key S/R ::: best reload bulls near 8/9USD later ::: expecting 1000% bull run ::: re-test of sliding S/R line ::: near 100 USD later ::: BULLS stay out be ready later ::: expecting short-term correction ::: BULLS get ready to BUY after CORRECTION ::: TP bulls is +1000% gains later ::: expecting decent gains soon ::: 40-55% CORRECTION short-term ::: recommended strategy: BUY/HOLD after CORRECTION ::: TP BULLS +1000% gains / 25 USD ::: BEST reload BULLS near 8-9 USD ::: TP BULLS is 100 USD final EXIT ::: SWING TRADE: BUY/HOLD IT ::: bull run not over yet ::: good luck traders! ::: BUY/HOLD and get paid. period. 🔸 Supply/Demand Zones ::: N/A ::: N/A 🔸 Other noteworthy technicals/fundies ::: TD9 /Combo update: N/A ::: Sentiment mid-term: BULLS ::: Sentiment short-term: BEARS/PULLBACK RISK DISCLAIMER: Trading Crypto, Futures , Forex, CFDs and Stocks involves a risk of loss. Please consider carefully if such trading is appropriate for you. Past performance is not indicative of future results. Always limit your leverage and use tight stop loss.Longby ProjectSyndicate2121108
DOT Exchange Trading Idea 22-02-27Bouncing off the 88.6% level this week. I really hope we can tame the crypto markets but Russia needs to get out of Ukraine for that to happen. I still love this project for it's staking rewards.Shortby stikytrading0
POLKADOT SWING TRADESeems like we have a Great risk and reward option and opportunity. Not sure if this is the dip of the market however it is a great R/R ratio. Polakadot has amazing opportunity with Tokenization coming around the corner their technology put them in a good position. If YOU NOT a hater and support others like this post! It does MAKES A DIFFERENCE This one Falls In our research on swing set ups with a good ratio of Risk and Reward. As always we put quality over quantity, don’t forget to follow us for SWING trades research on risk and Reward Ratio. Subscribe and don’t miss OUT the next research. Swing trading is great because you can create a lot wealth in % by risking less $$. Compound Gains. Thank you for the Love, I really appreciate those likes, makes a difference and pushes me to keep on posting more of these! Longby JhonMontana1
DOTUSD - Update to Long-Term Channel with Battling ArcsJust keeping my eye on this one. DOT is almost at the bottom of the channel here. I'm looking for support at $12.66. These are uncertain times, and it's hard to see how things are going to turn out in 2022. Best to wait to see whether the green arc confirms, or the red arc extends below the channel before making a move. by funtimes4
Game Plan for DOT _ Update _ Game Plan for DOT _ POLKADOT_ Not the financial board. Just for fun. Shortby trader-1234564
Future of DOTStarting to get near decision time for DOT and have both situations covered to the best of my abilityby Norseman891
DOTUSD -> Long @ 11-9 zone.. TARGET 23 and More...DOTUSD is a clear TECHNICAL BUY with a short term term Target of 100%..Longby CHARTISTKING1224
DOT...Another braindead easy long - accumulate here and do nothing for a while and win...so simple 99% of people won't do it.Longby Swoop6226
Polkadot in Bearish Setup, Target at 19.25Trend Analysis The main view of this trade idea is on the 4-Hour Chart. The cryptocurrency Polkadot (DOT) has constructed a descending triangle setup since the beginning of December 2021. The support line is observed around the 25.50 price level while the resistance trend line is seen with lower highs at 31.50 and 30. Expectations are for DOT to break support and head towards 19.25. Failure of this would take DOT back above 30.30. From a longer term view Polkadot has trended lower and is currently testing support. A break lower can take the cryptocurrency towards 10. Technical Indicators Currently Polkadot is below its short (50-MA), medium (100-MA) and long (200-MA) fractal moving averages. There has been negative crossovers on these MAs, which has set the downtrend for the cryptocurrency. The technical indicators have also shown bearish signs. The RSI is below 50 while the KST is in sell mode. Recommendation The recommendation will be to go short at market, with a stop loss at 30.30 and a target of 19.25. This produces a risk/reward ratio of 1.36. Disclaimer The views expressed are mine and do not represent the views of my employers and business partners. Persons acting on these recommendations are doing so at their own risk. These recommendations are not a solicitation to buy or to sell but are for purely discussion purposes. At the time of publishing I have exposure to DOT. Shortby Ceddy86Updated 0
Game Plan for DOT _ POLKADOT_ Game Plan for DOT _ POLKADOT_ Not the financial board. Just for fun.Shortby trader-123456Updated 1
DOTUSDBearish trend with lower high and lower low with shooting star candlestick pattern at recent lower high.by Shameen42
DOT : SCALPING15 Min. TF . . no professional financial advice please trade at ur acceptable risk. :P TP at about 80% of actual target would be ideal Trade safe and fun . Feel free to comment & share ur ideas -----------Shortby baby_rhinoUpdated 4
DOT Exchange Trading Idea 22-02-20Like all cryptos, DOT is falling again. Still within the 78.6-88.6% zone but for this week or longer it is going to be rough on cryptos and all financial markets.by stikytrading0
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DOTUSDDot seems to be in a good support area in the daily time and I think the probability of failure of this support zone is low. The next supports are shown in the chart.by planbtc20220
DOT Prediction long termPrice has already tapped the purple demand zone BUT institutions may want to mitigate orders on lower time frames in this zone before proceeding to push to the most recent supply zone or all time high.Longby bakari250
Long DOT - Discounts on PolkadotDOT - without any doubt we are very BULLISH on Polkadot. We believe it's a great discount and a perfect time to start investing. Please go and DYOR on the project, if you don't know that much about it yet. The coin is highly susceptible to Bitcoin Dominance and has not yet corrected in the same manner, this is however temporary. There is a very strong support level of $17.37, which is very well held, it is also sitting on our trendline. We are not chasing a couple of cents here and there on the price. We are buying and holding. As you see there is a small SL under the support and trendline. That is in case Bitcoin starts falling and Dot follows, we will then be adding even better long positions, at a more favourable price. We believe that DOT at $18.5 is an amazing discounted gift. Like someone offering you a brand new Mercedes-Benz G-Class for 20k today. You find the money and you purchase it :) Targets: $30.9 | 35.4$ | 40.3$ | $47 | $51 | MOON?Longby Atlas-Horizon3
POLKADOT ready to go soon; behaves like BTCThe reason why DOT behaves like BTC may be because like BTC & ETH, many institutional investors are holding it. It was one of the first big winners last year. After plummeting straight down with decreasing volume, I think DOT is ready to reverse. It was recently rejected by the 23 pivot so it may go down first to retest previous low before a big rally. Note the big trading range so the risk to reward is great at this low. Better see if it breaks above 23 soon. Not trading adviceLongby xtremerider81
DOTUSD BEAR! Head and Shoulders formation confirmation imminent?In the chart I have highlighted the key areas of the head and shoulders classic formation for DOT. Using a four hour candle chart, it appears that all, or at least most of the key characteristics of the pattern are present with the pattern one key step away from full confirmation. This is my first published chart, and I am not an expert quite yet on technical analysis so I am open to constructive criticism in my analysis of this pattern and my assumptions regarding it. If any of what I show or say in the chart is not correct please correct me! To the point now!- As seen in the box drawn you can see the namesake of the pattern clearly; two shoulders and a hear, with the neckline drawn at the resistance points before and after the head. The Head and Shoulders pattern is a highly effective pattern for predicting a downward shift in a securities value. The pattern must meet other criteria outside of the visual "head and shoulders" look on a chart. Other key indicators that can assist in verifying a true H&S include analysis of the trading volume as the formation unfolds. The left shoulder you will see increasing trade volume, this is text book from my research and study and also leads into the trading volume analysis within the "head and right shoulder. Trade volume is falling throughout the formation of the head and falling again throughout the right shoulder formation. From my minimal but diligent studying, these indicators must all be present for it to meet the criteria for a true H&S. Lastly, for the pattern to be truly confirmed, once the right shoulder is complete the price must break the resistance of the neckline, once this takes place a downturn is likely just a few candles away. As I am writing this the price seemed to have temporarily punched through the neck, but not to the extent that I would call it 100% confirmed, but I am fairly confident that event may be happening at this moment or will soon become a reality. If the price were to bounce and not break the neck then by definition I do not believe this would "qualify" as the H&S pattern. Thought this was very interesting and could be potentially helpful and somewhat educational for some, and hopefully I am able to help some of you out there either avoid some losses or even better, help some of you make some money via shorts. Thanks for taking a look. Please let me hear your feedback about this analysis, if it is good info/bad info/ or helped you to make or save money during a downward price move.Shortby brandonvarisco3
Moment of TruthDOT is currently reaching the very top of a 3 month down trend. RSI and CCI are in the or approaching the overbought territory. However, if it breaks out we should head to the 22.50 area. If not we should bounce of the $18.50 range and either make one more attempt to break out of the down trend or its bye bye birdie towards $15 range. Good luck. Not financial advice.by Crypto-Keeper-Zonk1