DOTUSD Potential for Bullish Continuation | 1st August 2022On the H4, with price moving along the ascending channel, we have a bullish bias that price might rise from our buy entry at 8.99, which is in line with pullback resistance to the take profit at 9.91, which is in line with overlap resistance and 161.8% fibonacci projection. Alternatively, price may drop to our stop loss at 8.18, which is in line with the 38.2% fibonacci retracement and 78.6% fibonacci projection .
Any opinions, news, research, analyses, prices, other information, or links to third-party sites contained on this website are provided on an "as-is" basis, as general market commentary, and do not constitute investment advice. The market commentary has not been prepared in accordance with legal requirements designed to promote the independence of investment research, and it is therefore not subject to any prohibition on dealing ahead of dissemination. Although this commentary is not produced by an independent source, FXCM takes all sufficient steps to eliminate or prevent any conflicts of interest arising out of the production and dissemination of this communication. The employees of FXCM commit to acting in the clients' best interests and represent their views without misleading, deceiving, or otherwise impairing the clients' ability to make informed investment decisions. For more information about the FXCM's internal organizational and administrative arrangements for the prevention of conflicts, please refer to the Firms' Managing Conflicts Policy. Please ensure that you read and understand our Full Disclaimer and Liability provision concerning the foregoing Information, which can be accessed on the website.
DOT
DOT SHORT 15M Hello everyone, let's take a look at the 15M 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 - $ 8.64
T2 = $ 8.67
T3 = $ 8.70
T4 = $ 8.73
and
T5 = $ 8.76
Now let's move on to the stop loss in case of further market declines:
SL1 = $ 8.57
and
SL2 = $ 8.51
Looking at the CHOP indicator, we can see that there is a lot of energy in the 15M range, while the MACD indicator shows a local downward trend.
Polkadot opportunityHey folks, I am Nav!
With this account, I am trying to journal my trades. And I like to keep my trades extremely simple and uncluttered.
Please use the areas highlighted as support, confluence or resistance and plan accordingly & responsibly
If you liked my idea, please check others and follow for more!!
Cheers :)
Polkadot starting to perform!DOT has lagged behind a little and been slowly grinding up. The bulldiv on higher timeframe still performing though in my opinion
Flipped resistance into support at $7-7.40 area, with resistance sitting above around $9
If markets start to rally I see DOT hitting closer to $11
Either way, following the green path nicely at this point with a brief back test on LTF, which is what I wanted to see.
V
BITCOIN on the Resistance RangeWell, in the previous analysis of Bitcoin, we mentioned the failure of the static area and it caused the price pump, now it is fluctuating in the resistance range, and if this area breaks, we expect the price to increase, otherwise we will see the price correction.
Its not Buy or Sell SIGNAL
DYOR
BY : Mohamad Teriz - @AtonicShark
DOTUSD Potential for Bearish Rise | 29th July 2022On the H4, with price moving along the ascending channel, we have a bullish bias that price might rise from our buy entry at 8.00, which is in line with pullback resistance to the take profit at 8.49, which is in line with overlap resistance. Alternatively, price may drop to our stop loss at 7.50, which is in line with the 38.2% fibonacci retracement.
Any opinions, news, research, analyses, prices, other information, or links to third-party sites contained on this website are provided on an "as-is" basis, as general market commentary, and do not constitute investment advice. The market commentary has not been prepared in accordance with legal requirements designed to promote the independence of investment research, and it is therefore not subject to any prohibition on dealing ahead of dissemination. Although this commentary is not produced by an independent source, FXCM takes all sufficient steps to eliminate or prevent any conflicts of interest arising out of the production and dissemination of this communication. The employees of FXCM commit to acting in the clients' best interests and represent their views without misleading, deceiving, or otherwise impairing the clients' ability to make informed investment decisions. For more information about the FXCM's internal organizational and administrative arrangements for the prevention of conflicts, please refer to the Firms' Managing Conflicts Policy. Please ensure that you read and understand our Full Disclaimer and Liability provision concerning the foregoing Information, which can be accessed on the website.
DOT looking for a bullish continuation DOT /USDT
the price just followed my drawing in my previous idea And almost hit first resistance in my chart (TP1)
Check my previous idea here : ⬇️
Breakout this resistance will result in bullish continuation up to 12$ in short term (in long term DOT still have very big room for growth )
Polkadot Still Has To Give 125% To USWe started way too early with DOTUSD but quickly moved to DOTUSDT because more people follow this pair.
They are both identical when it comes to chart reading or to trade.
The great news is that it is still early, believe it or not, much growth lies ahead.
We have 5 green consecutive weeks.
This is consolidation/accumulation...
Next, the rise.
125% is the main target but if you are trading with us, with or without leverage, 20%, 30%, 50%, etc., are good places to secure profits on the way up.
Remember not to trade blindly, build a plan, do your research and then jump onboard.
There are always endless opportunities.
If you missed ETC for example, you can buy DOGE or DOT and so on.
This is not financial advice.
Thanks a lot for the support.
Namaste.
DOTUSD Potential for Bullish Rise | 28th July 2022On the H4, with price breaking the descending channel, and showing a bullish flag pattern, we have a bullish bias that price might rise from our buy entry at 7.52, which is in line with pullback resistance to the take profit at 8.46, which is in line with overlap resistance. Alternatively, price may drop to our stop loss at 6.55, which is in line with the swing low support.
Any opinions, news, research, analyses, prices, other information, or links to third-party sites contained on this website are provided on an "as-is" basis, as general market commentary, and do not constitute investment advice. The market commentary has not been prepared in accordance with legal requirements designed to promote the independence of investment research, and it is therefore not subject to any prohibition on dealing ahead of dissemination. Although this commentary is not produced by an independent source, FXCM takes all sufficient steps to eliminate or prevent any conflicts of interest arising out of the production and dissemination of this communication. The employees of FXCM commit to acting in the clients' best interests and represent their views without misleading, deceiving, or otherwise impairing the clients' ability to make informed investment decisions. For more information about the FXCM's internal organizational and administrative arrangements for the prevention of conflicts, please refer to the Firms' Managing Conflicts Policy. Please ensure that you read and understand our Full Disclaimer and Liability provision concerning the foregoing Information, which can be accessed on the website.
Trading opportunity on DOTUSDT PolkadotBased on technical factors there is a Long position in :
📊 DOTUSDT Polkadot
🔵 Long Now 6.69
🧯 Stop loss 5.90
🏹 Target 1 7.50
🏹 Target 2 8.40
🏹 Target 3 9.25
💸Capital : 1%
We hope it is profitable for you ❤️
Please support our activity with your likes👍 and comments📝
Long Polkadot (DOT) vs USDTDOT finally found floor at $26. This area had to be tested as support once again and now it's ready to challange the ATH's IMO.
DOTUSDT is testing MA200 from below and as long it trades above it and flips it to support, I'm bullish on DOT.
This is an aggressive entry here, more convention entry would be once it flips $33 to support.
One of my favorite crypto project out there that hasn't shown it's true potential yet. It's a Top 3 project IMO.
Make sure to take profits on the way up.
Good luck.
We just started the Crypto Season.🎊Hi Traders,
After that crypto experienced the best days after "Crypto Winter", July is beginning the season with some bullish moves.
However, at this moment we are having some red days one after another.
As we can see in this H4 chart, BINANCE:DOTUSDT is consolidating in a small range at the moment. The pattern we are seeing is either a Bullish Flag or a Descending Triangle, as it is also testing the support that it created after forming an Inverting Head and Shoulder on the Highly timeframe.
It looks like it is breaking to the downside, which is normal since there is some Liquidity residing below that retail Support. As well as it is Pull backing to the 0.5 Fibonacci level after the move.
DOTUSDT Preparing a HUGE Run-UpHi Everyone,
Yesterday we mentioned that BINANCE:DOTUSDT was making a Pullback into the 0.5 Fibonacci level and it almost touched it.
After breaking above the falling wedge (bounded by the yellow lines),BINANCE:DOTUSDT after that it consolidated for many hours in a tight range inside a wedge.
As of right now, we are inside a Bullish flag, at its resistance level precisely. If it closes above the pattern, we might buy at the retest of the flag. However, if we don't break it, we will most probably look for a buying opportunity at support (of the flag).
Polkadot (DOT) - July 25Hello?
Welcome, traders.
By "following", you can always get new information quickly.
Please also click "Like".
Have a good day.
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(DOTUSDT 1W Chart)
It is important to be able to rise above the 9.26-10.13 section.
To do that, you need to make sure you can climb above the 7.16-7.74 section.
(1D chart)
Primary resistance: 8.49
Secondary resistance: 9.26-10.13
1st support: 6.60
2nd support: 5.19-5.67
We need to see if we can break above the 60 SMA line.
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** All indicators are lagging indicators.
Therefore, it is important to be aware that the indicator moves accordingly with the movement of price and volume.
However, for the sake of convenience, we are talking in reverse for the interpretation of the indicator.
** The MRHAB-T indicator used in the chart is an indicator of our channel that has not been released yet.
** The OBV indicator was re-created by applying a formula to the DepthHouse Trading indicator, an indicator disclosed by oh92. (Thanks for this.)
** Support or resistance is based on the closing price of the 1D chart.
** All descriptions are for reference only and do not guarantee a profit or loss in investment.
(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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