Pivot Yearly predictions for $DOT using hidden pivotsThis is a very basic trading idea published as part of my Crypto maket analysis for 2022.
It demonstrates the earning potential, predicted by Traditional Yearly Pivots.
On top of that, it uses my Hidden Pivots Indicator that is plotting additional levels of pivots from the R6-R10 and Support Pivots (If calculation allows it, as in many cases it won't) from S6-S10.
The Indicator plots automatically on each time frame.
You can have a look at it here:
And a deeper explanation of it here:
medium.com
In the case of $DOTUSD, you can see the four scenarios on the chart:
1.Likely in case of bear year - Downside to the S1.
2. Likely in case of bull year - Upside to the R1.
3. Likely on as very bullish cycle - Upside to the R5.
4. Likely on a bananas rocket to the moon year - Upside R10 and beyond.
For the whole long read and analysis on the pivot side of the crypto market 2022, see here:
rotzeod.medium.com
DOTUSD.P trade ideas
"condescending Joe Biden whisper..." Do I have to scream at you for you to realise what is coming?
I have been in crypto since 2013, I have seen crashes, corrections, hype, hope, delirium and everything in between.
Now is the time.
So with a condescending Joe Biden whisper I say to you "be prepared".
- Ninja
ichimoku trade : short positionthese positives can be a pullback to ichimoku cloud. then I put sell position at 40.26$ and put stop upper than cloud with buffer. if trend start, I will change stop with kijunsen.
by a parallel channel it should come to 30.38$.
other parallel channel shows a good support that is available at the picture(about 30$ but it is dynamic).
sell pos.: 40.26$
stop loss: ichimoku cloud(about 47$)
target: reach the stop loss of kijunsen(maybe about 30$)
Polkadots last correctionAs we all know, bitcoin is having a correction. this often brings alts, just like polkadot, with it.
On the chart you can clearly see where i think polkadot might be headed in this last corrective pulse.
This is an orderblock where price may come down to for large institutions to be mitigated.
This would create a huge double bottom (retail) pattern with a target of around 42$.
DOT Breaking the downtrendPolkadot is finally breaking out of the down trend. We have now a confirmation of trend breakage and can go long after a slight pullback as currently the RSI and Stoch RSI are totally in overbought territories.
I will go in with a very tight stoploss as market can turn around in matter of seconds if we hear more bad news :))))))
DOT Exchange Trading Idea 22-01-02Last week we were looking for price to break above the 50EMA which it didn't. Currently back in the middle of the 50% zone so really not a decent sign of price going back up. The price is still a good price for DOT but the issue with getting in now is that your capital may be tied up for longer than you want in order to get your % gains.
#Polkadot´s 4 tasks on the 4h chart... #DOTPolkadot´s 4 tasks on the 4h chart...
1. breakout of the resistances on RSI
2. keep the MA Ribbon bullish (green)
3. clearly break the volume resistance
4. confirm breakout(s) and have fun 😎
What do you think?
Drop me a nice comment if you'd like me to analyze any other cryptocurrency.
*not financial advice
do your own research before investing
DOT Stoch RSI cross on Weekly (happens once or twice in a year)There is a very bullish setup occurring in DOT atm with the Stoch RSI crossing into bull momentum for the first time since July 2021... these weekly crosses don't happen often in a year.
Knowing that alt-season is likely about to progress and develop at a much quicker pace as it usually does in Q1-Q2 of any given bull year, DOT is probably one of the most undervalued pickups here since they have already fully launched Parachains. Expect more bullishness as projects continue to develop and as DOT ramps up transaction speeds. If you needed any clue on how fast DOT is even at these very early stages, it sends pretty much instantaneously already... much faster than about a year ago when I tested the speeds. They are capping the speed for now but soon we will see scaling as Dr. Wood and the dev team become more confident in their interoperability. KSM will do well too but DOT is severely undervalued here compared to larger cap coins. DOT could very well be $150-200B market cap by Feb/March 2022.
A year to test and launch for Polkadot2021 was a year of development and massive growth of users, programmers and accounts on the Polkadot network.
I look back and realize that this became a top ten crypto during a year where Parachains had not even launched yet.
Now that the Polkadot ecosystem is now active and online , dare to watch 2022 become a very bullish year for the $DOT, and the platforms built on top of it;
Moonbeam
Acala
Parallel
Astar
Clover
It's only the beginning.
the waters are warming. DOT investor should be careful.
we have seen a head shoulder formation in the past weeks. It was a head shoulder pattern with profit levels around $10.
When we look at the graph, we saw that it broke down and went to the resistance between 20-23usd.
Now these prices are very critical for the future.
If ıt can break the price of 32usd, which is the bottom of the shoulder-head formation, and make consecutive daily closes above it, it is very likely to form a new high
If it makes consecutive closes below $20, it is very likely to drop to $10.
we must be in the right action at the right time.
thanks for reading.