DOT.D trade ideas
DOT.D Will it break the trend?Watch the DOT.D level at 1.95
IF this can break and hold, DOT will PUMP - I have been waiting this entire year for DOT to finally have the spot light, one of the last large caps to run.
Once broken the 2.35 level will be the target (just don't use the time frame as a reference)
Good Luck!
DOT - Anatomy of (Potential) Explosive Price ActionHey Traders,
DOT today has been one of the best performing alt coins; however, the surge is mostly accredited to the listing on Coinbase. I wanted to explore further if DOT has the potential to gain Market Dominance and continue on this explosive trend. Quick reminder: we are still in a bear market and it is extremely risky to own altcoins at the moment. BTC right now looks prone for a move up, however, BTC Dominance would likely surge as well and little impact may be reflected on alt's.
The way that I see it, DOT.D is right on the cusp for breaking out of the bull flag it is currently in. The logarithmic MACD is something I rely to in order to understand when we can break above a certain consolidation range. Right now, if the trend would be to continue, our LMACD would be in a similar sentiment - showing very explosive price action at best and a resistance test in the worst.
Will follow up with snapshots down below. Enter your opinions in the comments.
Cheers everyone!
Polkadot dominance is increasing more and more.This will bring a lot of growths in DOT ecosystem in this 2021 altseason.
The perfect polkadot project to buy right now is REEF, with a very lower marketcap and being pioneer in the first DeFi Blockchain and working as a liquidity aggregator and integrator between some other crypto projects.