DOT / USDT 4H CHART - Resistance and SupportHello everyone, let's take a look at the DOT to USDT chart over the 4 hour timeframe. As you can see, the price is moving above the local downtrend line.
Let's start with the designation of the support line and as you can see the first support in the near future is $ 5.75, if the support breaks down, the next support is 5.67, $ 5.60 and $ 5.53.
Now let's move from the resistance line as you can see the first resistance is $ 5.87, if you can break it the next resistance will be $ 5.96, $ 6.03 and $ 6.10.
Looking at the CHOP indicator, we can see that in the 4-hour interval we have a lot of energy, and the MACD indicator shows a local upward trend.
DOT
DOT / USDT 4H CHART - Targets and Stoploss!Hello everyone, let's take a look at the 4H DOT to USDT chart as you can see the price is moving below the local downtrend line.
Let's start by setting goals for the near future that we can consider:
T1 = $ 6.21
T2 = $ 6.36
and
T3 = $ 6.54
Now let's move on to the stop loss in case of further market declines:
SL1 = $ 6
SL2 = $ 5.99
SL3 = $ 5.91
and
SL4 = $ 5.81
Looking at the CHOP indicator, we can see that in the 4H range we have a lot of energy, while the MACD indicator shows a local downward trend.
Polkadot/ Dot symmetrical triangle On Dot has there been a symmetrical pattern formed which shows a 50/50 of the price breaking to the upside of the downside. This said does the price trend show that the price is more likely to break to the downside as the market trend is bearish .
Entry price: In the apex at 10.00.
Stop loss: At 10.50, which is inside the triangle so when the triangle breaks to the downside but after the break to the downside starts trending upwards and is stopped by the stop loss.
Target price: Is extrapolated from the triangle height/the upper trend line and this target price set at 4.48.
This is also 55% gain if the prediction is successful.
DOT / USDT 4H CHART - Targets and Stoploss!Hello everyone, let's take a look at the 4 hour DOT to USDT chart as you can see the price is moving just above the downtrend line.
Let's start by setting goals for the near future that we can consider:
T1 = $ 6.21
T2 = $ 6.36
and
T3 = $ 6.54
Now let's move on to the stop loss in case of further market declines:
SL1 = $ 6.13
SL2 = $ 6.05
SL3 = $ 6.98
and
SL4 = $ 5.90
Looking at the CHOP indicator, we can see that we have a lot of energy in the 4H range, while the MACD indicator shows a local upward trend.
Polkadot (DOT) – insane long today!Hello, everyone!
Let’s continue analyze altcoins which have the potential to reverse before the whole cryptomarket. Yesterday I told you that ADA is about to finish the bear market, today I found the DOT which have almost the same or even stronger bullish bias!
Let’s take a look at the 1W timeframe DOTUSDT chart. On the weekly chart the signals are very strong but can be realized several months. I suppose that this asset is now next to the perfect entry mid and long term point. First of all I want you to bring your attention to the clear Elliott wave structure. The whole bear market globally consists of the waves ABC. Waves A and B have the zigzag abc structure and the wave C has the 12345 waves structure. Looking at the very strong divergence I can conclude that the wave 5 is about to finish. What does it mean? It means that downtrend on this coin is about t end. Now it’s the best time to start accumulating the long/mid term holdings in crypto.
Classical TA also showing us the nice buy opportunity. 1W demand zone is the extremely strong support. It is not just the abstract line which have to stop the dump with no reason – this is what the large players on the market monitor to have the best entry point. Moreover, look at the decreasing volume during the bear market. It means that the bears became weaker an weaker every week and very soon they will not be able to maintain the new lower lows setting. I have already bought DOT without the confirmation because it is the fundamentally strong asset which is not going to be scammed with the high probability.
Best regards, Ivan
📊🔥3 tagets for DOT: this trap force the alts to PUMP!Hi friends! I hope you follow my yesterday recommendation att least for scalping! Another swing trades you can open when the BTC show it's power.
✅ My recent plan for BItcoin in this video!
Now the price of DOT consolidating in the FALLING WEDGE and start to squeeze to the upper boundary. It's a nice signal for the bulls. I hope the value area of $6.20-6.50 will become the support for the price in the closest future.
📊 The preconditions to open a long:
✅ false breakout +volume indicator confirmation (volume bars growth)
🔥 pullback to $5.9-6
🔥 squeeze to the trendline
🔥 bullish BTC
✅ The volume indicator help you to understand where is the bottom or high. The biggest volume are always there. If you want to make more succesfull trades, use the DOM and Footprint tools for scalping. It helps to open a short and long with the whales (big players). As far as you understand, the whales are the most profitable traders at the market.
🚩 The targets are the 3 key levels of $7, $8, $9.65.
🔥Traders, set your sl at the breakeven when the price reach the 1st target. My recommendation is to book at least 50-60% of profit when the price reach the second target.
💻Friends, press the "boost"🚀 button, write comments and share with your friends - it will be the best THANK YOU.
P.S. Personally, I open an entry if the price shows it according to my strategy.
Always do your analysis before making a trade
Polkadot (DOT) - October 12Hello?
Welcome, traders.
By "following", you can always get new information quickly.
Please also click "Boost".
Have a good day.
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(DOTUSDT 1W Chart)
Whether or not it can rise above 7.16 to receive support is the key.
(1D chart)
We need to see if it can rise above 6.28.
Otherwise, it is expected to move towards the 5.11 area.
However, since the volume profile section is formed over the section 5.67-6.60, there is a possibility that the trend will continue in the direction deviating from this section.
To turn into an uptrend, it must rise above 6.60.
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** All descriptions are for reference only and do not guarantee a profit or loss in investment.
** If you share this chart, you can use the indicators normally.
** The MRHAB-T indicator contains indicators that indicate support and resistance points.
** SR_R_C indicators are displayed as StochRSI(line), RSI(columns), CCI(bgcolor).
** CCI indicator is expressed as overbought range (CCI > +100) and oversold range (CCI < -100).
(Short-term Stop Loss can be said to be a point where profit and loss can be preserved or additional entry can be made through split trading. It is a short-term investment perspective.)
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$DOT | In A Channel: Rinse & RepeatDOTUSD while not at extreme levels on RSI, is still touching upper Bollinger Bands in a tight channel signaling LESS volatility. Which means, it should follow a consistent path of UP & DOWN trend. Couple this with the fact of the previous candle rejected at resistant, I predict this price to come back down to below the 20 MA right before the short term support line.
Rinse and repeat type of trade here.
DOT on weekly TF is ready to move as Rocket!at the end of 2020 we had the same consolidation moves with 16 weekly candles, then price broke out with a master candle in 17 weekly candle.
now price is in 16th week of consolidation, so if history repeat this move, we can expect a new rally at next week.
1D DOTUSDT ReviewHi everyone, let's take a look at the 1 day DOTUSDT chart.
Let's start with the fact that for some time the dot price has been moving in the channel marked with blue lines, which can be potentially used for short-term plays.
But let's see that the bottom of the current channel is also a support zone for the price from $ 6.28 to $ 6.13.
If it is possible to exit the current channel upwards, the price has to cross two important resistance zones, the first one is from $ 6.75 to $ 7.00, and let's note that the price has already turned back in this zone. Next we have a second important resistance zone from $ 7.25 to $ 7.60.
It is worth mentioning that looking at the long term, the price moves in the triangle marked with yellow lines and at this point entering the first resistance zone or breaking it would also leave the current triangle.
Now let's look at the CHOP indicator which shows that we have a lot of energy in the 1-day interval, but the MACD indicates that we are still in a downward trend. When the MACD shows a clear cross between the red line and the blue line from below, it may be a confirmation of a shift from the long-term trend to an uptrend.
DOT.Usdt (Y22.P4.Video1).short term trading apportunitiesWe look at the overall situation for DOT now and how it fits into the bigger picture from a Elliot wave count and formation perspective. We also apply our fibonacci levels.
For more confluence, add your MA and use the indicators of your choice.
All the best,
S.SAri
Polkadot (DOT) - October 5Hello?
Welcome, traders.
By "following", you can always get new information quickly.
Please also click "Boost".
Have a good day.
-------------------------------------
(DOTUSDT 1W Chart)
Whether or not it can move higher than 7.16 is the key.
(1D chart)
1st resistance: 7.16-7.74
2nd resistance: 9.26-10.13
A volume profile section is being formed around 6.28.
So, the key is whether we can find support and move up around 6.28.
If it fails to move higher, it is expected to move towards the 5.11 area.
------------------------------------------------------------ -------------------------------------------
** All descriptions are for reference only and do not guarantee a profit or loss in investment.
** If you share this chart, you can use the indicators normally.
** The MRHAB-T indicator contains indicators that indicate support and resistance points.
** SR_R_C indicators are displayed as StochRSI(line), RSI(columns), CCI(bgcolor).
** CCI indicator is expressed as overbought range (CCI > +100) and oversold range (CCI < -100).
(Short-term Stop Loss can be said to be a point where profit and loss can be preserved or additional entry can be made through split trading. It is a short-term investment perspective.)
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DOT / USDT 4H CHART - Targets and Stoploss!Hello everyone, let's take a look at the 4H DOT to USDT chart as you can see that the price is moving in the channel marked by the yellow lines and that we are at the upper end of that channel.
Let's start by setting goals for the near future that we can consider:
T1 = $ 6.46
T2 = $ 6.76
T3 = $ 7.01
T4 = $ 7.26
and
T5 = $ 7.60
Now let's move on to the stop loss in case of further market declines:
SL1 = $ 6.38
SL2 = $ 6.28
SL3 = $ 6.14
and
SL4 = $ 5.96
Looking at the CHOP indicator, we can see that in the 4H range we still have a lot of energy for movement, and the MACD indicator shows a local upward trend.
🚀🔥Long on DOT: same situation as with XRP before 40% PUMP!Hi friends! Just take a look on the chart and volume indicator. Do you see how many times the whales buy the bottom of DOT? I think they do it to make money unlike the retail traders who buy at the top and sell in loss).
The spike of the volume is always at the bottom, as you can see on the indicator. This means that the big players might already accumulate enough DOTs. The same situation were to XRP before the PUMP:
1. a lot of buyers at the bottom
2. lost interest to the coin from retail investors/trader
📊 I see this preconditions to open a long:
🔥squeeze to the upper trendline
You can try to open a local trade on the wedge breakout if you are the intaday trader.
🔥 bulls BUY limit order wall which is support the price and doesn't let it to fall
🔥 bullish BTC pull the altcoins to the top.
🚩 I use DOM and Footprint dcalping tools for the purpose of identifing the big players. Big players are the reachest on the market and as you know they choose the right size in the most cases. I prefer to follow the whales.
✅ The targets for the long:
1. $7-7.33 - the closest value area and resistance
2. $8.05 - the key level
4. $9-10 is importan psychological value area for traders. A lot of them will book the profit here
🔥 I also recommend you to book profit at least 25% when the price reach the targets.
💻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
Maybe is late to short but if you wanna try....Yesterday I posted a short signal on ETH but today I noticed that DOT is in the exact same situation even thought maybe is too late to enter this one.
Notice the last two days session VLPR with POC at the same level (I'm trying to implement this VLPR in my TA):
The first and very close support is 5.98USDT but I've an alert set at 5.17 where I think I might buy some to hold if the market will look bottomed for when/if we go there.