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DOTBTC

DOT/BTC Alt Coin Craze Around the CornerDaily Chart I am seeing a lot of money being put into altcoins based on money flow. This chart is DOT performance against BTC instead of USD. The huge negative moneyflow has completed around Feb 10th 2021 and now moving into Positive Green money flow. Momentum trading and accumulation is important when there is no price history for support and resistances. I put ADA in the chart to show how DOT will perform about the same. ADA has been around longer therefore more history for data points. What is happening to ADA will happen to DOT and a few other coins. I am extremely bullish on DOT and therefore accumulated during the BTC downturn and hopeful of the launch in the first half of the year. I don't expect to hold DOT till end of this year. Can't go wrong in a bullish market right?
Long
by WiThConFi
3
DOTBTC retracing from ATH and looking to retest supportAs predicted, a sell around the new ATH would have been ideal for those of you who didn’t, and a hi5 to those of you who did! Kudos! 1hr timeframe still shows room for a support retest, although 30min and smaller timeframes look promising here for a buying opportunity. I’d be more comfortable when the 1hr timeframe shows a signal. Note: BTC capitulation is also underway, trend should resume should 47k support hold. If not, we might breach support, in which case we will revaluate.
by hiftikha
4
DOT/USDT REVERSAL LONG TRADEI got into a $DOT trade and lets just say it both has and hasn't been the greatest experience. Making the noob mistake of not checking the higher timeframes I got into the trade around 34.. pretty much at resistance.. if I get out of this one alive I'll be lucky to still call myself a trader... Just a little analysis based on what $DOT seems to currently be doing.. It's just an idea but I hope it sparks an even better strategy in your mind.. Thank you in advance
Long
by EternaljOsh
DOTBTC False Breakout Scalp Short 2021/02/27Pair DOTBTC Direction Short Entry 0.00073800 SL 0.00074937 TP1 0.00073402 TP2 0.00073061 TP3 0.00072777 TP4 0.00072436 Signal Rating 3/5 DISCLAIMER: I am NOT a financial advisor and this post is NOT financial/investment/trading advice. I will not be responsible for any actions you take based on the analysis and comments that I provide. I am simply sharing what I am doing, and is not meant to be investment or trading advice. What you choose to do with the information that I provide is your own sole responsibility! The cryptocurrency market is extremely volatile, and you WILL lose all your money if you are inexperienced! DO NOT risk any money that you cannot afford to lose and always be cautious and manage your risk! Please support me by liking and following, and sharing your ideas and analysis in the comments! Thanks!
Short
by cryptotraderog
2
DOTUSDT (POLKADOT) - UPTREND CONTINUATION ANALYSIS 🔎 - DOTUSDT hit a swing high. - The market then retraced for a retest of the ascending trendline support and the 0.618 fibonacci retracement level. - The retracement is resisted by the descending trendline resistance. - We could see a bounce off the ascending trendline support. BUY ENTRY ⬆️ - Breakout above the descending trendline resistance. TARGETS 🎯 - Horizontal resistance level (R1). - Horizontal resistance level (R2). - Fibonacci extension levels. SETUP INVALIDATION ❌ - Breakdown below the ascending trendline support.
Long
by Chibuike_Odoh