DOT-USDT
🔥 DOT Might Bounce Soon: Bullish Triangle AnalysisAround 6 weeks ago I made an analysis where I discussed the bullish triangle pattern in which DOT has been trading for over a year now. With DOT closing in on the triangle's support, we might be looking into a potential bounce in the future.
In case DOT drops further, I'm looking at the $22-$20 yellow area for a potential bullish reversal. Target would be the top of the triangle, around $50.
Happy trading!
Dot usdt polkadot longHere is polkadot long setup. Since MARKET is Choppy use little margin. If a positive scenario it could go upto 32.
DOTUSDTHello Crypto Lovers,
Mars Signals team wishes you high profits.
We are in a daily time frame.
As you can see, the market has risen slightly and now the price has hit the specified support and started moving upwards and was able to break its resistance line and move upwards.
We believe the price can hit our support level with a pullback and continue to rise.
Warning: This is just a suggestion and we do not guarantee profits. We advise you analyze the chart before opening any position.
Wish you luck
🔥 DOT Weakness: Worst Case ScenarioSince beating the ATH with a minimal margin, DOT has been very weak, losing over 35% in a month.
Looking at the chart, a massive bullish triangle can clearly be drawn. With DOT trading down for weeks, there's a possibility that DOT will continue to do so and lose even more value.
In the case of a further drop (or even a big sell-off of BTC), I'm expecting massive support at the support line of the triangle. So if we continue to go down, I'm looking at this area to buy-in again. Long-term I'm still very bullish on DOT, which could even reach as high as $100 in 2022.
Happy trading!
DOT 4HSAlready set the scenario in the 1D chart, DOT in the 4hs chart, it could rise to the resistance of $ 38, and then continue with its downtrend to the support of $ 27.
A Crossover in the MACD would indicate this small rise.
DOTUSDT | PLAY THE CHANNELDOTUSDT | PLAY THE CHANNEL
DOSTUSDT is trading in a downward parallel channel. One can play this channel
(1) Buy when it breaks the channel with TP: 46
(2) Sell when it reject the channel with TP: 32 and 29
Use of Stoploss is must
DOT/USDTSome DOT analyse.
Hope you enjoy and I hope I did well.
Comments are welcome.
Have a nice day!
X.ABC corrective wave in this zone on $DOTDOT to form a corrective x.ABC wave to further decide the upcoming movement in the price. I m expecting further downside as the market needs a refresh in the end of the year and a new start In the start of the coming year. this is going to be a good opportunity for the new comers
DOTUSDTHello Crypto Lovers,
Mars Signals team wishes you high profits.
We are in a daily time frame.
The price is fluctuating above the support line and we see a positive divergence. If the price can stabilize above the support line and can break the resistance ahead, it can experience a good rise.
But if it drops below the support line and stabilizes, we consider a fall.
Warning: This is just a suggestion and we do not guarantee profits. We advise you analyze the chart before opening any position.
Wish you luck
Broader market direction with actions I see 2 courses of action from here. So I am majority stable for now, these are my orders for each action.
1. ETH and BTC rally from here making a new substantial ATH. From this COA I will be buying major alt pairs when they inevitably bleed out during the run.
2. ETH and BTC correct here and we see a major dip in the market. I will then look to accumulate ETH 3.6-4.1k, then filter back into alts.
If COA 1 is put into play, we will miss the first move yes. But imo this could go either way here.
One to note, funding rates are very low right now. Making me lean towards ETH and BTC potentially moving upwards first.
Dot- 75 is my targetAfter breaking above the last all-time high, Dot started to consolidate.
Bulls are strong and dips are clearly bought
I expect a new leg up and 75 is my target for this coin
DOT / USDTDOT has a rounded top which will bring the price action down to the support level for a dip buy-in.
DOTUSDT | BREAKOUTDOTUSDT has broken a horizontal resistance.
Also it has given a breakout from wedge.
Trade Plan:
Buy on dip: 49 - 51
SL: 46
TP: 61
🔥 DOT Almost New ATH: Fibonacci TargetsDOT is currently on its way of making a new all time high. Another strong day like this, and we're practically there.
If we overlay some Fibonacci extensions, we can come to a couple of near term targets, rounded.
1.272 extension: $60
1.618 extension: $75
Historically speaking, the volatility picks up after a token makes a new all time high. So, once we've closed above $50 it could be a matter of days before the first target has been reached. Give it some more time for the second target.
Happy trading!
💡Don't miss the great buy opportunity in DOTUSD @PolkadotTrading suggestion:
". There is a possibility of temporary retracement to the suggested support line (39.50).
. if so, traders can set orders based on Price Action and expect to reach short-term targets."
Technical analysis:
. DOTUSD is in an uptrend, and the continuation of the uptrend is expected.
. The price is above the 21-Day WEMA, which acts as a dynamic support.
. The RSI is at 50.
Take Profits:
TP1= @ 43.24
TP2= @ 44.77
TP3= @ 47.34
TP4= @ 49.90
TP5= @ 52.00
SL= Break below S2
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💎 Want us to help you become a better Forex / Crypto trader?
Now, It's your turn!
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Trade well, ❤️
ForecastCity English Support Team ❤️
💡Don't miss the great buy opportunity in DOTUSD @PolkadotTrading suggestion:
". There is a possibility of temporary retracement to the suggested support line (39.50).
. if so, traders can set orders based on Price Action and expect to reach short-term targets."
Technical analysis:
. DOTUSD is in an uptrend, and the continuation of the uptrend is expected.
. The price is above the 21-Day WEMA, which acts as a dynamic support.
. The RSI is at 50.
Take Profits:
TP1= @ 43.24
TP2= @ 44.77
TP3= @ 47.34
TP4= @ 49.90
TP5= @ 52.00
SL= Break below S2
❤️ If you find this helpful and want more FREE forecasts in TradingView
. . . . . Please show your support back,
. . . . . . . . Hit the 👍 LIKE button,
. . . . . . . . . . Drop some feedback below in the comment!
❤️ Your support is very much 🙏 appreciated!❤️
💎 Want us to help you become a better Forex / Crypto trader?
Now, It's your turn!
Be sure to leave a comment; let us know how you see this opportunity and forecast.
Trade well, ❤️
ForecastCity English Support Team ❤️
DOT Ready for new ATHThe announcement of the Polkadat parachain date has created the conditions for this cryptocurrency to experience a new ATH
breaking the 46$ resistance and then 50$ and reach a new ATH in less than a week.
I think this can happen in less than couple days
DOT is ready.Polkadot is about to get a nice run. The Parachains auction is close to opening and that would for sure get some pump into DOT.
Once we break that trend line, ATH will be next.
BTC is showing great strength, but the volume is still not above average.
