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DOTUSD trade ideas

DOT Long - Target $100SUMMAR: Long, final 5th wave impulse with a target $100 - super bullish -- Technical -- ABC correction complete, broke out of large falling wedge, moving out of the accumulation phase. Forming HLs and HHs. Above the EMAs and MAs and almost above the 200 MA (very bullish sign). Consolidating between 200 MA and EMAs with an uptrend. -- Fundamentals -- DOT is the answer to ETH's scaling problems. Please HIT the --->>> "LIKE" and "FOLLOW" button. <<<---- *Not financial advice and is for educational purposes only. Always DYOR.
KRAKEN:DOTUSDLong
by Tez8
PolkaDot DOTUSDT - HUGE Secret Parallel Channel on the Daily!- Polkadot is very strong on the daily timeframe, as we can see. - The price broke out of the bullish falling wedge and now is unstoppable! - On the largest time scale, we can spot a huge blue parallel channel, which acts like a support and resistance. - For expected duration of the trade, probability, stop loss, profit target, entry price and risk to reward ratio (RRR) - please check my signature below ↓ - Due to my Elliott wave count, the correction is totally over and we can expect a higher prices! - If you want to see more of these ideas, hit "Like" & "Follow"!
KRAKEN:DOTUSDLong
by UnknownUnicorn2537518
11
DOT UPRISE WILL TAKEOVERAffirmed inversion, Polkadot Buy Signal from Script set off: EMA Crossover SMA just beneath the 23.60% fibonacci level, 43% addition from here to retest the 200 MA. Use purchase zone to plan your purchases. Swing objective from here is 160% addition from $18.92 to $49.75. Current Price Targets: $25, $34, $49 and Swing @ $60. Glad Trading :) See past investigation underneath. Polkadot (Dot) Buy opportunity! Expected 50%+ Gain to set a New ATH of $50 at the 161.8% Fibonacci Level. Spot's value took off to a high of $42 on 20/02/21. Since setting this new ATH , it has lost some force, following down to a low of $26 on the 23/02/21 get-togethers a rash move, yet at present it is as yet exchanging 45% over this low 4days back on the 23/02/21. The essential viewpoint for Dot in the long haul is extraordinary and still particularly bullish , its absolute Market Cap is at $33.7 billion and right now positioned sixth greatest advanced cash on the planet after Bitcoin , Ethereum , Cardano, Binance Coin and Tether. Over the coming month we anticipate that Dot should retest the past ATH of $50 at the 161.8% Fibonacci expansion .
KRAKEN:DOTUSDLong
by GerradFletcher
3
Polkadot to 100$Making it Quick, if BTC starts now his second BulllRun impulse, Altcoins will follow the King exponentially. Polkadot fell down to his Bottom 10$ and potentially could make 10X to a new ATH. This is the moment where you make the money comes in. Remember to manage your invest on the Run like you did manage your invests on the last Dip. Gains should be taken Partially and never go all in for Security. -------------------------------------------------- Trading Parts : -------------------------------------------------- - Security TP : 40$ - TP1 : 50$ ATH (April 2020) - TP2 : 75$ ( Fibo 61.8) - TP3 : 88$-100$ -------------------------------------------------- Happy Tr4Ding !
KRAKEN:DOTUSDLong
by thecryer
13
Polkadot Descending Channel Breakout PlayPolkadot's (DOT) price has broken above a descending channel that can suggest a potential trend reversal. Another confluence factor that adds more weight to the bullish case scenario is the MACD regular bullish divergence. Descending Channel Before Polkadot emerged higher out of the descending channel, it reached a new low of $10.37, which is a key support level. The short-term support level also comes in at $16.70, which needs to hold for the current rally to continue. On the flip side, the bulls are eyeing the considerable psychological number of $20.0. A daily break and close above the considerable round number $20 can open the door for a retest of the next critical resistance found at the $27.90 level. However, the 100-day simple moving average, which currently stands at $22.81, is another obstacle the bulls need to overcome. MACD Divergence The MACD divergence also signals that the bottom might be settled, even if it is only temporary. This adds more confluence to the reversal signal, but at the same time, traders need to be aware that this rally may also just be a minor retracement in the grand scheme of things. In this regard, traders need to keep an open mind and simply go with the market flow.
KRAKEN:DOTUSDLong
by cryptohopper