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DOT

Dot.Dot saw a clean 5 wave impulse which started back in August of 2020, the impulse completed in November of 2021. --- since that peak, dot has been correcting in what looks to be a simple zig-zag (labeled as a-b-c). -on june 15th, the correction will have lasted exactly 50% the time it that it took for the impulse to be completed. -there's also a full moon on the 15th of june. -full moons are historically very bullish indications in the market. -dot is forming a triple bullish divergence on the daily time-frame. -currently in a multi-day squeeze. a lot of confluence at $6.73, -midline of bear channel, -100% extension -0.50% in fib time when measuring against the impulsive move. there is a very high area of liquidity just beneath, between $5.78~$5.14. this area could technically be raided with a wick. --- Imminent reversal is expected just after June 15th, Bullish. --- ps. if you have any coins you want me to take a look at, leave them in the comments, or pm me.
BINANCE:DOTUSDLong
by notoriousbids
13
DOT in a local downtrend!Hello 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 on the local channel. Let's start with the line of support, and as you can see, the first support that is currently trading at is $ 8.58, if the support breaks down, the next is $ 8.27 and $ 7.31. Now let's move from the resistance line as you can see the first resistance is $ 9.34, if you can break it the next resistance will be $ 9.83, $ 10.21 and $ 10.61. Looking at the CHOP indicator, we can see that in the 4-hour interval some energy has been used, and the MACD indicator clearly shows when we entered the local downward trend (where the red line crossed the blue line from above).
Short
by cryptodailyuk
DOT/USDT: On Buying area, Direct rise expected---- Mid-term Analysis for the next coming 4 weeks to 3 months - Daily on Daily Chart (LOG)------- DOT/USDT: On Buying area, Direct rise expected Context - The Global Crypto market leads by BTC and ETH is still evolving within a bearish market configuration. Like the others digital assets DOT suffered about negative global market situation. - However we are focus on a key buying area now on this coin and we expect a fast and quick recovery regarding technical elements Market configuration - Graphical Elements : Graphical Resistance = 14 & 31 Graphical Support = 5,50 & 2,00 - Mathematical Indicators: EMA ( Exp Moving averages) are still capping the market = Bearish RSI indicator (below) is bouncing off key support = Bullish - Elliot & Harmonic Wave (Fibonacci): Fibonacci Target C (B) has been already reached = 9,50 Fibonacci resistance of the wave in progress = 14,00 Fibonacci support of the wave (c) (B) (max extension) = 5,50 Fibonacci Bullish Target = 19,00 (auto-similar move) Conclusion Preferred case => Regarding the mid-term element, DOT is offering the perfect entry area for a mid-term portfolio configuration in order to anticipate a bullish exit towards 14,00 and 19,00 as long as 5,50 remains support - In extension a larger rise towards the previous top at 31,00 can't be ignored
Long
by JeanJean1983
#DOT/USDT 2HOUR UPDATE !Welcome to this quick DOT/USDT analysis. I have tried my best to bring the best possible outcome in this chart. Reason for trade:- As we can see in the above-mentioned chart that DOT rejected the triangle resistance level. Currently, DOT is trading near the support zone which is a $9.10 area. We can add some DOT near this level with SL. The resistance is $9.90 - $10.00 area. A break above will dice the next move. Candle close below the lower trend line support will be the invalidation point of this chart analysis. Remember:-This is not a piece of financial advice. All investment made by me is at my own risk and I am held responsible for my own profit and losses. So, do your own research before investing in this trade. Sorry for my English it is not my native language. Do hit the like button if you like it and share your charts in the comments section. Thank you...
by CryptoSanders9563
DOT TA - Short term Trade HIGH Risk Reward Ratio 2h timeframeI opened a Long just few minutes ago. Let's see what will happen 🚀. Just remember: Stick to your plan and have a good risk management 👍 And that's the main reasons I decided to take a long on SOL : ► Bounce from the 0.618 fib level ► Retrace from the support line (yellow) ► Confirmation on the breakout (yellos) ► Momentum is shifting up ► High risk reward ratio Trading setup: Entry: $9.49 SL: 9.2 TP1: $10.59 (60% of position) TP2: $11.8 ⚡Just to notice. We are right now in a very volatile market phase in the crypto. Crazy and unpredictable things could happen. That's why you should use a stopp loss. ⚡ Disclaimer: DYOR. No financial advice. Just for your impression.
Long
by CryptoPlough
POLKADOT- Good swing ahead!!Hi everyone As the price made a jump from 8.55$ to around 10.75$ for DOTUSDT, the possibility of having bull market is becoming more likely. You can see a triangle pattern with 2 pushes down (H1&H2) if we get the indications of the 3rd push in the next couple of bars,we can hope for better price behavior in the future;So the indications are less sell pressure in the next couple of bars, a reversal pattern in around 8-12 bars from here and no breakout from the support level of 9.35$ or the bottom of our triangle. Hope this analysis helps you in a way. I will answer your questions,Just leave a comment below and PRESS THE LIKE BOTTOM please.
by HubAlgo
#DOT/USDT 2HOUR UPDATE !Welcome to this quick DOT/USDT analysis. I have tried my best to bring the best possible outcome in this chart. Reason of trade:- DOT/USDT PARALLEL CHANNELdown side buy the green zone. PARALLEL CHANNEL. Entry:-$8.57,$8.78 Traget:- 15% Stoploss:- $8.05 Remember:-This is not a piece of financial advice. All investment made by me is at my own risk and I am held responsible for my own profit and losses. So, do your own research before investing in this trade. Sorry for my English it is not my native language. Do hit the like button if you like it and share your charts in the comments section. Thank you...
Long
by CryptoSanders9563
1
DOT in the downtrend channelHello everyone, let's take a look at the DOT to USDT chart over the 1 day timeframe. As you can see, the price is moving in the downtrend channel. Let's start with the support line and as you can see we are in the support zone from $ 11.36 to $ 8.07, then the first support in the near future is $ 7.28, if the support breaks, the next one is $ 4.34. Now let's move from the resistance line, as you can see the first resistance is $ 11.24, if you can break it the next resistance will be $ 13.68 and $ 15.63 plus $ 17.59. Looking at the CHOP indicator, we can see that we have a lot of energy in the 1-day range, looking at the MACD indicator we can see that the blue line is moving over the red one, but when it crosses the red one from above, it will confirm the continuation of the downward trend.
by cryptodailyuk