DOT/USDT If DOT Success Breakout the resistance Easy to $13💎 DOT has certainly established itself as a notable player. Currently, DOT is on an upward trajectory, making another attempt to break through a key resistance area.
💎 Earlier, DOT faced rejection at this level, leading to a downward movement. A successful breach of this resistance zone could pave the way for a smoother climb for DOT, potentially allowing it to reach the targeted bearish OB area.
💎 However, should DOT once again fail to surpass this resistance barrier, it might retreat to the support level around $7.7. A more concerning scenario would see DOT descending further, possibly reaching the Bullish OB area.
💎 The Bullish OB zone becomes crucial in this context. For DOT to resume its upward trend, it is essential that it rebounds from this zone, regaining enough momentum to challenge the resistance once more. Failure to hold ground in the Bullish OB area and a subsequent breakdown could signal a shift in DOT's trend from bullish to bearish. Such a development could lead DOT back towards a more substantial demand area.
DOT
Polkadot's Journey Beyond Trends and CorrectionsPolkadot has broken the rising trend up in the medium long term. This signals an even stronger rate of growth, but the positive development may result in corrections down in the short term. There is no resistance in the price chart and further rise is indicated.
Volume has previously been high at price tops and low at price bottoms. Volume balance is also positive, which strengthens the trend. The currency has strong positive momentum and further increase is indicated. high RSI may be a sign that the stock is overbought and that there is a chance of a reaction downwards.
DOT/USDT upward momentum? 👀🚀DOT Today Analysis💎 Paradisers, let’s closely examine #DOTUSDT as it’s currently demonstrating a notable market behavior. Poised near a significant resistance, it is anticipated to show a bullish movement from its support following a potential rejection.
💎 #POLKADOT recently overcame the robust resistance at $7.763 and is now approaching the higher resistance level at $9.614. Should CRYPTOCAP:DOT face a rejection at this level, we’re likely to see a bullish continuation from the support at $7.763. If it manages to sustain bullish momentum, it could then aim to conquer the stronger resistance at $10.770.
💎 However, given the inherent volatility of the crypto market, it's imperative to be prepared for different eventualities. If #DOT struggles to maintain its level above the $7.763 support, a recalibration of strategy might be in order. This could mean anticipating a bullish rebound from a lower support level at $6.369. Importantly, should CRYPTOCAP:DOT fall below this secondary support level, it could signal a change towards a bearish market trend. 🌴💰
DOT look juicyDOT really look nice as is currently in an uptrend in all TF but there are liquidity below and DOT is ready to grab that below before pushing higher...... Please don't be induced into this market but longing in CMP...... Wait for the liquidity to be swept before entering into it...
Follow for more market update and trade setup
$KSM Reached to the 1st Target & Ready To Go To The 2ndHi guys,
As I wrote on November 18, after forming a bull flag, NYSE:KSM finally started its uptrend and reached our first target at $32. Kusama must be able to break the 100WMA to reach the second target at the $50 level. In this case, the $50 target will be easily available.
Also before reaching to the $50 target, there is a small resistance at the $40 level, and I expect NYSE:KSM to be involved in those areas for some time. If it crosses $40, our second target will be easily available at $50.
Despite the very good status and high potential that NYSE:KSM and CRYPTOCAP:DOT coins have, we do not forget that everything in the crypto market for altcoins will depend on the decisions of $BTC. So save your profit & don't be greedy.
Please "Like" & "Follow" if you want to see more of these ideas.
Goodluck
$ALGO UPDATED - Resistance Break Inevitable Just a quick update on our previous EURONEXT:ALGO trade, So far, it has performed as expected, hit resistance within the past week, and was rejected slightly back to it, We're currently expecting the current resistance level to break over the next 48 hours.
Levels to focus on and set alerts at
Updated Target level 1(Major Resistance): $0.2398
Updated Target level 2: $0.3610
Updated Target level 3: $0.5077
Targets from last chart remain the same, Expecting us to break UTL1 (Updated Target level 1) within the next 48 hours, after that major resistance I expect a sharp break upwards towards UTL2 before a potential cook off wick and then continuing to next targets, expect the first two targets to be broken within the week.
This is in resistance (DOT)❤️❤️Thanks for boosting 🚀 and supporting us!
📈we are in big renge in daily and sell in ressistance.
📊 (sell) : 7.313
🔴 Stop Loss : 7.960
🎯 Take Profit : 6.558 - 5.968
🔗 For more communication with us, In the footnote and send a message in TradingView.
👨🎓 Experience and Education: Our trading team has five years of experience in financial markets, especially cryptocurrencies.
DOTUSDTDOTUSDT
The coin has every chance of good growth. Following Bitcoin's momentum, we pulled back from the red support and began moving higher. For more global impulses, we need to break through the green resistance line and gain a foothold above it.
If this happens, we will consider the following goals:
1 - 5.98
2 - 6.76
3 - 8.53
4 - 10.42
But don't forget, the higher the goal, the more dangerous it is. Don’t be greedy and fix parts of your profits on time, so that a sharp drop doesn’t eat up your entire profit.
If you like the idea, don't forget to subscribe and rate like👍
DOT LOOKS READY FOR NEW LEVELThank you for reading this update.
Depending on our study we see that DOT has a good chance of volume increase.
This updates depending on day trade, And the market should confirm with time the right market way.
#Nottradingadvice
#For Day traders take always profits when the market increase
#Expect nothing from the markets, but follow what it shows.
DOT Triangle countIf you find this information inspiring/helpful, please consider a boost and follow! Any questions or comments, please leave a comment! Also, check out the links in my signature to get to know me better!
#DOT update.
Looking more and more like a triangle.
No tunnel vision, though.
From here, would like to see a bit more ups before a pivot is put in.
Cheers!
📈 Polkadot (DOT) Spot Long Trade AnalysisAn analysis of Polkadot (DOT) highlights a potential spot long trade opportunity, emphasizing range support, resistance, and risk management for strategic decision-making.
Key Highlights:
Range Support: DOT is noted to be at the $7.24 top of the range support, providing a potential entry point.
Take Profits (TP): The proposed Take Profits (TP) level is set at the next resistance area of $8.00 - $8.50.
Stop Loss (SL): Risk management includes setting the Stop Loss (SL) just below the bottom of the range low support at $6.85.
#Polkadot #CryptoTrading #RiskManagement
is "Are the buyers real or fake?".👀🤔
🔴After 505 days in a downtrend, buyers have finally decided to reverse the trend. Volume confirms the reversal. The first trigger, 7.539, can be✅
🔴If the RSI can maintain support at 69.58 and then re-enter the overbought area, this would provide further confirmation of the currency's upward trend.‼️
🔴With a good stop-loss that could be at 6,700, he made a reasonable profit.🔆
🔴Please remember that this is my analysis and opinion.💹
DOT/USDT Anticipating a Breakthrough in Resistance? 👀🚀Polkadot💎Paradisers, focus on DOTUSDT as it's currently exhibiting a notable pattern in the market. Following a recent rejection at a key resistance level, IT is gearing up for another attempt to break through, hinting at a strong possibility of a bullish movement.
💎 Reflecting on #POLKADOT market behavior, we've observed its proficiency in maneuvering through a descending channel, breaking above to commence a significant upward trajectory. Currently, #DOT is maintaining a solid stance above the support level of $6.943. If it continues to exhibit strong momentum, there's a high likelihood of a robust bullish move aiming to overcome the formidable resistance at $9.703.
💎 However, in the dynamic world of cryptocurrency, alternate paths are always a possibility. Should #DOT fail to sustain its momentum, the focus may shift towards a bullish recovery from the support level of $6.197. Importantly, a fall below this level could potentially lead to a downward trend. 🌴💰
DOTUSDT Breaks Trend Line!The DOT/USDT trading pair has recently experienced a notable development as it broke a significant trend line after a prolonged period of consolidation. This breakout suggests a potential shift in market sentiment, with bulls gaining momentum.
DOTUSDT (1W Chart) Technical analysis
DOTUSDT (1W Chart) Currently trading at $5.9
Buy level: Above $5.7
Stop loss: Below $4.2
TP1: $7
TP2: $9
TP3: $13
TP4: $18
TP4: $23
Max Leverage 2x
Always keep Stop loss
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POLKADOT: +100%! What's Next?In our last analysis, we identified that we were in a 535 zigzag pattern. We had a bullish setup on the completion of wave B (subwave C). We moved up perfectly and gained over 100% raw gain from that trade!
We are now at a critical zone. We are looking for a rejection here and then a move down to complete the major ABC zigzag pattern.
Trade Idea:
- Watch for rejection of structure
- Safe entry on break of red trendline
- There may be a risk trendline lower timeframe so do keep a look out for that
- Targets: 3.6, 2, taper positions thereafter
Goodluck and as always, trade safe!
See our last analysis below:
DOT/USDT In the crucial area. Break out or rejected again??💎 DOT has certainly commanded considerable attention within the market. Currently positioned in a key supply area, DOT necessitates a breakout to sustain its upward trajectory. Success in breaking through this robust supply zone could herald a bullish shift in the mid-term, probability facilitating an effortless movement toward our target area.
💎 It's noteworthy that DOT has encountered challenges in surpassing this supply region in multiple instances, facing rejections that led to downward movements. In the event of another failure to breach the strong supply area, there's a possibility of a retracement towards the demand zone, initiating a fresh phase of testing and momentum building.
💎 The unfavorable scenario materializes if, during the retesting phase at the demand area, DOT struggles to maintain its position and eventually breaches the demand zone. In such a situation, DOT would revert to a bearish movement, potentially retracing to the strong demand area.