DOT
DOT/USDT Technical Analysis ( Bearish in Short Term )Currently, $DOT is trading at $5.70, indicating a bearish trend in the market.
Based on the chart analysis, it is expected to reach the $5 target in the coming days.
It is essential to keep in mind that the support level for $DOT is at $5.61, and if it breaks, the price may drop below $5.
However, $DOT has strong potential for long-term growth, and investors should try to accumulate it during significant dips in the market.
The following support and resistance levels should be monitored:
Support: $5.61/$5.11
Resistance: $6.15
Please consider liking and appreciating my efforts.
Follow me for real-time updates on the crypto market.
Thank you.
#crypto2023 #buildtogether #altcoins #DOT #PolkaDot
DOT/USDT 1HInterval Resistance and SupportHello everyone, let's look at the DOT to USDT chart on a 1-hour time frame. As you can see, the price is close to breaking the local downtrend line.
Let's start with determining the support line and as you can see, it is worth marking the support zone from $5.94 to $5.90 in the first place, if the support is broken then the next support is $5.86 and $5.80.
Now let's move to the resistance line, and here we will also mark the resistance zone from $6.02 to $6.07, when the price breaks this zone it will be able to attack the $6.20 level.
Looking at the CHOP indicator, we see that there is a lot of energy to continue the move, the MACD indicates a local uptrend, while the RSI has a large increase, but there is some room for the continuation of the move.
DOT's Predicted MovementDot is in a Broadening wedge pattern. Now It's at the bottom of the pattern which means there is plenty room for It to Increase further! 7$ is a BIG Resistance Beware of it. DOT can end up around 9$.
_ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _
🌍Thank you for seeing idea .
Have a nice day and Good luck
🔥FANTOM WILL BE A TOP GAINER SOON. BEST PLACE TO OPEN A LONG!🔥Hi, friends! Fantom was the top gainer before the pullback. Almost 200% from the bottom.
I think that after this pullback, we will see one more pump of this alt. So I recommend you not to miss the entry point.
📊 TRADING PLAN FOR FTM:
🔥 test the $0.44-0.45 value area as the support
🔥 volume growth means that the bottom for FTM reached
🔥 bullish BTC
🚩 The $0.41 key level is a second possible entry point. Pay attention to this too!
✅ THE MAIN TARGETS FOR FTM:
1. $0.6 - the key level and local highs
2. $0.65 - the key level and local highs
3. $0.75 - the key level
Traders, what are your expectations for FTM? Will it reach $1 at this local bull market? Write 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.
DOTUSDTDOTUSDT 8H
The DOT USDT chart in an 8-hour period continues to indicate the bearish channel. It could break the upward channel and leave this bearish trend, but if it drops from the level of 5,833 then we will have a SHORT TRIGGER, that is a trigger for the shorts.
On the M45 chart, we will see the supports and resistances:
DOTUSDT M45:
S1:6,215
S2: 6,145
R1: 6,331
R2: 6,356
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 - 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.