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MATIC and Polkadot (DOT) forecast

  • 04.08.2021
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MATIC Has a Chance of Growth

The correction on the MaticUSDT chart lasted longer than 2 months.
The vector of the correction was clear and understandable, without any encouraging bounces.

And finally, an encouraging picture for growth appeared on the MaticUSD chart.
Now, the main task of buyers is to keep the price of Matic above $0.75-0.88
If this mission will be successfully completed, it will open the way for growth to $1.70. There, it is better to cover the longs and look around, because the possibility of working out our global idea of ​​May 18, 2021 will still be in force.

Matic 1D Growth can be very painful to end

We do not know exactly how everything will happen in the future, but the chart shows that the last time they bought MaticUSDT at $0.30-0.40

DOT Price technically moves on the chart where to buy and sell

It turned out that the last time we made a global review of the DOTUSDT trading pair was to do as in February 2021.
But the idea worked pretty well, which we saw on the graph, see for yourself.

DOT 12h Global picture and levels for correction

Also, during these 6 months, we made several short-term ideas for trading the DOTUSD pair, they can be found through the search in our ideas.

Having opened the DOTUSDT chart today, we saw that the price moves smartly from the liquidity level to the liquid level, so there is no need to invent a bicycle again.
Let’s trade DOT from level to level and just take out our modest profit from the table in time)

Based on the current DOTUSDT price chart, a correction suggests a fall to the $13-14.50 price zone, where it will be possible to buy a long position at a tasty price. After this correction, we can expect growth to $28-31.
The logic is simple: if the dynamics of correction are weaker, to the upper part of the liquidity zone, then a powerful shot can be expected up to $31. If the correction will be deeper and more protracted, then it will be better to start fixing longs when the DOTUSD price crosses the $28 mark.
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Since 2016, we have been analyzing and trading the cryptocurrency market.
We transform our knowledge, trading moods and experience into ideas. Each “like under the idea” boosts the level of our happiness by 0.05%. If we help you to be calmer and richer — help us to be happier 🙂

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Related Topics
  • cryptocurrency
  • DOT forecast
  • DOTUSDT
  • MATIC forecast
  • MATICUSDT
  • Polkadot
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