DOT/USDT 4HInterval Resistance and SupportHello everyone, let's look at the DOT to USDT chart on a 4-hour timeframe. As you can see, the price has left the local downtrend channel.
Let's start with the support line and as you can see the first support in the near future is $6.41, if the support is broken then the next support is $6.35 and $6.29.
Now let's move to the resistance line, as you can see the first resistance is $6.50, if you manage to break it, the next resistance will be $6.55, $6.62 and $6.72.
Looking at the CHOP indicator, we see that there is some energy left for further movement, the MACD indicates the maintenance of the local uptrend, while the RSI is moving in the lower part of the range with room for increases.
DOT
DOT - false breakdown?Hello, everyone!
Now it's time to make an update on BINANCE:DOTUSDT . We can see the upward trend channed which market maker used for the manipulations.
There are 2 fake outs: one to the down and one to the upside. Now the price broke the support line again. I suppose if the price will be able to re-enter the channel we can see the scenario on the chart. But now it's bearish and we need a confirmation that the price have an intention to re-enter inside the channel.
Best regards, Ivan
DOT/USDT 4HInterval Resistance and SupportHello everyone, let's look at the DOT to USDT chart on a 4-hour timeframe. As you can see, the price is moving above the local uptrend line.
Let's start with the support line and as you can see the first support in the near future is $6.89, if the support is broken then the next support is $6.65 and $6.31.
Now let's go from the resistance line, as you can see the first resistance is $7.18, if we break it, the next resistance will be $7.32, then we have a strong zone from $7.43 to $7.54 when price breaks it next resistance it's $7.70.
Looking at the CHOP indicator, we see that there is still energy to continue the move, the MACD confirms the ongoing downtrend, while the RSI has a significant rebound and we are approaching the lower limit of the range
🔥DOT IS GOING TO NEW HIGHS! READ THE DETAILED TRADING PLAN!🔥Hi, friends! As it was expected, BTC and altcoins make a pullback, so it's time for us to find the best long entry points. Why long? Because the trend is still bullish.
DOT has now almost reached my 3rd target at $8. I think it will be reached only after the pullback.
📊 TRADING PLAN FOR DOT:
🔥pullback to the 6.5-6.8 value area
🔥volume growth which confirms that retailers are scared and sell
🔥 bullish BTC is a must-have
🚩 Also, I use DOM and Footprint scalping tools, which confirm for me the presence of the big guys. They accumulate all the tokens on the pullbacks. So I can enter the long trade too.
✅ THE MAIN TARGETS FOR DOT:
1. $8 - the key level
2. $9 - the key level and even number
3. $9.68 - the key level, local high
💻Friends, press the "boost"🚀 button, write comments and share with your friends - it will be the best THANK YOU.
P.S. Personally, I open an entry if the price shows it according to my strategy.
Always do your analysis before making a trade.
🔥POLKADOT: PULLBACK TO ACCUMULATE THE POWER BEFORE PUMP🔥Hi, friends! The US Department of Justice announced today that it will take international action regarding cryptocurrencies. A lot of liquidity starts to flow into the market. Retailers start to sell their crypto on this FUD.
According to this, I make a fresh update for Polkadot. Now DOT is testing $5.73 key level which is really important support. If the price will close below this level, the road to $5.25-5.42 value area will be opened, which is also strong support.
If we close above this level, it will be good entry point with short sl below the lows.
📊 TRADING PLAN FOR DOT:
🔥 test the $5.73 key level as the support or the false breakout of this level soon
🔥 large buy orders on DOM and Footprint scalping tools which help me to identify the whale's purchases
🔥 bullish BTC
🚩 Traders, if the price reaches the $5.25-5.42 value area and successfully tests it as the support, it will be a nice chance to open a trade. In this case, the price will cool down and be ready to reach new highs.
✅ THE MAIN TARGETS FOR DOT:
1. $6.5 - the key level and local highs
2. $7.4 - the key level
3. $8 - the key level and even number
Friends, do you believe in DOT and KSM in this bull market or its already a coin with a huge cap and no growth potential? Write your thoughts in the comments!
💻Friends, press the "boost"🚀 button, write comments and share with your friends - it will be the best THANK YOU.
P.S. Personally, I open an entry if the price shows it according to my strategy.
Always do your analysis before making a trade.
DOTETH - Small Consolidation Followed by 15% GainsWe've got a breakout of channel with Polkadot here, not only a channel break, but the price is currently just above a recent SR level and we've got a Buy signal from Crypto Tipster v2 - all of these Bullish signals indicate a rise could be on the table!
We'd be expecting a temporary consolidation of price before experiencing a 15% rise to what has been a nice settlement area for the price historically. That's our target.
If you enjoyed or agree with this idea - drop us a comment, like & follow! :)
DOT - Shift In Momentum In The Making! 🍰Hello TradingView Family / Fellow Traders. This is Richard, also known as theSignalyst.
As per my last analysis, DOT rejected the support zone 5.0 and the bulls took over short-term by breaking above the orange zone.
What Next?
🏹 For the bulls to remain in control, we need a Daily Candle Close above 7.53 in gray (inverse head and shoulders neckline)
And then for the bulls to take over long-term, we need a break above the entire weekly range, above 10.5
Of course, if DOT retests the 5.0 support zone, we will be looking for short-term buy setups again.
📚 Always follow your trading plan regarding entry, risk management, and trade management.
Good luck!
All Strategies Are Good; If Managed Properly!
~Rich
Polkadot continues ripping?Trying out a new indicator, my orders hit at 7.25, unexpected pullback would be to 6.9 area, dont expect it to be honest, Dot looks ready to rip even harder and possibly faster.
Not ruling out another touch to $6.00 but longer term time frame the accumulation has been steady and nothing to crazy, we know how crazy crypto pumps can be.
I think staking coins move different than most of the market, still working on my idea about that. Slower but steadier and pump hard when least expected. TBT
what i see happening till next week is what I have here on the chart.
$8 range is confirmed by the Smart Money indicatorThere is further upside potential for Polkadot up to the $8.5 resistance range. Of course, this price increase will take more time because a minor resistance in the range of 7.7 to 8 dollars is standing in the way of the upward trend.
In the 4-hour time frame, we see the upward trend of DOT again.
The resistance of the $8 range is confirmed by the Smart Money indicator, which is an important range.
✴️ Polkadot Update | 3 Months High + Targets ($15 Next)Polkadot produced a bullish breakout yesterday and hit its highest level in 3 months, since early November.
While this is good, this move only confirms MA200 being conquered as resistance.
Still early when it comes to the major bullish wave, DOTUSDT has more to give and can move to $9 within weeks or days.
Additional growth is possible in the coming months, highly probable, with $12 being one of the main targets and even $15 is on the cards and more.
Namaste.
DOT - more gains ahead!Hello, traders!
As you know I expect Bitcoin a little bit higher. Anyway it should break through the $25200 resistance. At the same time DOTUSDT can show us the fantastic pump in the upcoming days.
On the 1D chart BINANCE:DOTUSDT chart we can notice that the trendline resistance was broken without retest. Moreover price formed the range and made a deviation below. Therefore, there is the high probability that PolkaDot will make the same deviation above. It would be logically also because of the ton of liquidity on this way. After that it is going to be difficult to pump, thus I expect the retest of the trendline and the bottom for this asset next to $3 .
Best regards, Ivan
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short trem dot # DOT time 1D currency analysis
The price is in the offered range of $7.2 and before this range the price was very compressed and there was a good reaction from this area, and the price returned to this area again, it is expected that the price can break this area and after breaking this level The price should be corrected. Debt and we can enter the buying position in the appropriate limits for the price target of $9, which is an important resistance zone.
If the price cannot break this resistance level, there is a possibility of falling and if you see the trigger, you can enter the position from this level.
DOTUSD Roadmap to $19.50 - 24.00DOTUSD/ Polkadot hit the 7.40 Resistance A, filling the gap of November 7th. We are about to form a 1day Golden Cross and the next MA Resistance is the 1W MA50 but the gap to fill is on Resistance B at 9.70. We can see a strong bullish wave in the next two months with the 1day MA50 supporting. If Resistance C breaks, a huge bullish leg is expected within 19.50 and 24.00.
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DOTUSDTDOTUSDT – 4H
Polkadot's main feature is its ability to connect multiple blockchains into a single network, allowing them to communicate and share data with each other. This is achieved through the use of a unique technology called the Polkadot Relay Chain, which serves as a hub to connect multiple "Parachains" (parallel blockchains) to the Polkadot ecosystem.
At 4 o'clock it has just broken the upper line of the Keltner channel and is currently at the fibo resistance at 7,366. The support line in the near future is $6,627 which would be the median of the channel, if the support is broken, the next support is $6,022
RSI has approached the upper end of the range, which may give a slight pullback in price (not necessarily, by itself it doesn't mean anything)
Here are the supports and resistances in the 4H:
Key Support Levels: 6,627 / 6,022
Key Resistance Levels: 7,451 / 8,022
DOT / USDT 4H CHART - Targets and Stoploss!Hello everyone, let's look at the DOT to USDT chart on a 4-hour timeframe. As you can see, the price is moving in the uptrend channel indicated by the yellow lines.
Let's start with the support line and as you can see the first support in the near future is $6.69, if the support is broken then the next support is $6.50, $6.36 and $6.21.
Now let's move to the resistance line, as you can see the first resistance is $6.69, if you manage to break it, the next resistance will be $7.14 and $7.37.
Looking at the CHOP indicator, we see that we have a lot of energy for the next move, the MACD indicates a local uptrend, while the RSI has approached the upper end of the range, which may give an impending price rebound.