trader-123456

DOT

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trader-123456 アップデート済   
The graph on Polkadot has already given the bulls a chance, created the Triple Bottom, the graph could no longer give the bulls a better boost, unfortunately the bulls surrendered too soon and the bears can soon show their claws.










Not the financial board.
Just for fun.
トレード稼働中
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On Friday the 13th, this day I was expecting a correction, so it is possible that the market maker will take advantage of fear and send it up (eliminate short positions and test some support from below).
Otherwise, the direction is still down.
トレード終了: 利益確定目標に到達
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In the previous idea, I set the bear target at $ 7, it has already been reached and what next?
DOT is currently in the area of strong resistance, if there is no breakthrough by the end of the week, I expect a move down.
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DOT has decreased by -40% since my last warning, the continuation of the decrease is likely.
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Polkadot is not fake like Solana.
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DOT is already sunk by -40% in the blow off phase, the big players need some time at the bottom to recover (min. 30 days).
If wicks are being bought out of the $3.6 area at that time, there is some chance that the DOT has bottomed out.
Otherwise it will go down more.
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If the market starts an upward rally, I can imagine the market maker making such a play for us on Polkadot.
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DOT has run and is trying to jump the obstacle, let's see how the jump succeeds.
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The DOT tested the R.V. and then rejection.
There is still no change in the trend and the recent growth may be erased soon, a new low is not ruled out.
Only if there is a valid closure above, the situation can change.
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I see weakness on the DOT chart at the moment, the bulls have failed to break through.
I see a rejection of the resistance and currently a break below the lower trend line of the channel.
If this is just a show for the bears and the bulls try to break through once more, it cannot be ruled out.
But if there is no breakthrough and a valid closing above, then nothing changes.
If it continues to decline, it could probably hit a new low in two months.
Below I can envision a round bottom and inverted head and shoulders, a strong pattern that will entice traders to enter and the liquidity provided will trigger a rally.
Big players enter the head, traders after the creation and confirmation of a complete pattern and retailers classically during the rally just before the crash.
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I see the situation like this, even if it were to go higher, nothing changes for me if it does not close above the descending channel.
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DOT has been holding back on support for a long time and giving time to buy, I am afraid that this support will subsequently be interrupted and fall to the previous minimum or below.
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トレード稼働中
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DOT hit the target, if consolidation takes place there is a possibility of a double bottom and a subsequent bounce.
But for now there is a risk of continuing even lower.
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DOT is lingering in the area of the double bottom and tempting the bulls to go long. In a bull market it would be a good entry, but we are not in any bull market.
Many altcoins have already returned to the beginning of the rally in December, where many traders were calling for a bull market and already predicting meaningless targets.
In the current market without liquidity, I cannot be bullish.
People are still very bullish, they see that it's down 90% and buy, but that doesn't mean it can't drop another 50-90%.
We are not at the bottom.
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I can see that the bulls were easily lured into the double bottom.
They have to lose at least another -50% to stop touching him.
People are still very bullish.
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It looks like the bulls are slowly falling into the abyss, then I can imagine that the market maker will let more bulls enter the triple bottom at 4.2 USD (maybe even below) and finally dump them.
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DOT exactly hit 4.2 USD, the rebound from the triple bottom is very easy, I see that liquidity was not selected below the previous bottom.
I expect it to drop more.
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DOT has broken below support, but if traders start shorting like crazy, the market maker will push them up before the final plunge into the abyss.
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After a false return above the support, the bulls have fallen below the support again and continue to fall into the abyss.
I don't really enjoy this game anymore, ridiculously predictable so far.
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