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DOT

🟣⚙️ DOT Trade Analysis ⚙️🟣📉 Market Outlook: Polkadot (DOT) has reached a significant support level after consolidating for approximately five days. This presents a potential low-risk opportunity to initiate a long position. 🎯 Trade Plan: Entry Range: Consider entering the trade between $6.00 and $6.50, aligning with the current major support. Profit Targets: Aim for profits at $8.00 - $8.50 or $9.50 - $10.00 resistance levels. Stop Loss: Implement a stop-loss just below $5.70 to manage downside risk. 📈 Trading Strategy: Entry: Initiate a long position within the specified range. Targets: Take profits at identified resistance levels. Risk Management: Utilize the specified stop-loss to mitigate potential losses. 🚨 Note: Stay attentive to market movements and adjust your strategy accordingly! #DOT #TradingAnalysis #CryptoTrade 🌐📊
Long
by Richtv_official
DOT in the first strong support zoneDOT includes a strong correction in the USDT pair, the current level reaches 43% and indicates a return to the first entry zone into a potential LONG, further a second zone has been defined for price averaging. However, looking at the behavior of BTC, which may potentially make another attempt to reduce the price, one should exercise caution and common sense when opening new positions, because a return of the BTC price by another dozen or so percent may result in very strong declines in the price of altcoins.
Long
by cryptodailyuk
DOT ANOTHER GIANT AWOKE Formed Wyckoff accumulation. With a breakout, there is not much resistance to the 18.3 price. At that price, the largest volume took place on the dates: January 26 to April 30. I didn't like Dot because they didn't show much power last year, but they are a big giant that starts web3. Those who entered it earlier at this price may reap some profit. I expect medium caps to start, that's why I'm also long with ADA and Neo. Write in the comments which alts you would like to see on my profile and if they seem interesting to me I will post them
Long
by learnfromfailure
Polkadot (DOTUSD): The race begins now!Polkadot (DOTUSD): BINANCE:DOTUSD For Polkadot, we are setting our entry on the daily chart for a potential Wave 2. We expect it to reach between 61.8% and 78.6% because we don't believe the correction has been completed yet. We're leaning towards the idea that we're dealing with a Wave ((a)), as a closer look suggests we're seeing a five-wave downward correction, indicative of a potential zigzag correction for the Wave ((b)). Therefore, we shouldn't see too much upward movement before another downward movement occurs. The exact turning point in Wave ((b)) remains to be seen, but our scenario is clearly set between $10.85 and $11.30. Anything above that would require a closer examination, but we should not exceed this range. Then, we should move down to $8.24 to $7.25 to complete our overarching Wave 2. For Wave 3, we then expect a rise to at least $21.65, which represents a very significant increase with a very favorable risk-to-reward ratio.
CRYPTO:DOTUSDLong
by freeguy_by_wmc
1
DOTUSDT.1DIn this daily DOT/USDT chart, we’re looking at a longer-term perspective of the price movement. The use of trend lines suggests a potential channel or wedge pattern forming, which is a common occurrence in markets and typically indicates areas of support and resistance that traders pay close attention to. The RSI is at 42.52, edging toward the lower end of the neutral zone but not signaling oversold conditions yet. This could imply a slight bearish bias or a cooling off period after a previous uptrend. The MACD is below the signal line and negative, which often points to bearish momentum. However, the histogram bars are quite small, indicating that while the bears might have control, the selling pressure is not particularly strong at the moment. The price is currently near the support level (S1), bouncing off from it. The placement of S1 in conjunction with the upward sloping trend line suggests this could be a critical level to hold for the price to maintain its overall bullish structure. Looking above, the resistance level (R2) is quite far from the current price, implying there could be significant upside potential if the price were to break through any intermediary resistance levels not marked on this chart. If I were trading this setup, I would watch for potential buy signals around S1, such as bullish candlestick patterns or a bounce with increased volume. Conversely, a break below S1 with significant volume might indicate a trend change, necessitating a reassessment of the bullish outlook. It’s always crucial to consider other factors that could influence the price of DOT, including broader cryptocurrency market trends, news related to the Polkadot ecosystem, and overall risk sentiment in the financial markets. With that in mind, maintaining a disciplined approach with proper risk management, such as setting stop-loss orders, is advisable.
by MarsSignals
🛡️📈 DOT Support Long Trade Setup 📈🛡️📊 Analysis: Support Opportunity: DOT is currently trading at a support level, offering a potential entry point for a long trade. Laddering Strategy: Plan to enter gradually into a long spot trade between $8.00 - $8.50 to capture the bounce from support. Take Profit Targets: Aim for take-profit levels at $9.50 - $10.00 or $11.30 - $12.00, considering potential resistance areas. Risk Management: Set a tight stop-loss at $7.80 to limit potential losses. Given the current volatility in the market and the recent downtrend in some altcoins, it's crucial to manage risk tightly. 📈 Trade Plan: Entry: Initiate laddered long spot positions between $8.00 - $8.50. Take Profit: Target potential resistance levels at $9.50 - $10.00 or $11.30 - $12.00 for profit-taking. Stop Loss: Place a tight stop-loss order at $7.80 to manage risk in case of adverse price movements. Risk Management: Continuously monitor price action and adjust strategy accordingly to respond to market dynamics and potential changes in support levels.
Long
by Richtv_official
Polkadot (DOT) - Bearish Short TermPolkadot (DOT) has also fell below the 20-day EMA & 50-day EMA on April, 2nd. Previous support level for DOT has been broken at: $8.67. A daily candle is going to close bellow this support level and both EMA's which is extremely bearish short term. Due to this, bears could push the price action down towards to around $8.20 area. However, If Polkadot bulls can hold the price and rebound off $8.20 by the end of this week. Bulls will create a rally to retest $9.74 target shown from the chart. A break above this, bulls will have more momentum and attempt to push the price further to $11.88. Key Levels: -New Support= $8.02 -Previous Broken Support Level= $8.67 -Target= $9.74 *Resistance= $11.88
Short
by Bitcoin_Benny
DOT/USDT 1DInterval Chart ReviewHello everyone, let's look at the 1D DOT to USDT chart as we can see that the price is moving below the local downtrend line. Let's start by setting goals for the near future that we can include: T1 = $9.67 T2 = $10.53 T3 = $11.89 AND T4 = $12.86 Now let's move on to the stop-loss in case of further market declines: SL1 = $8.22 SL2 = $7.23 AND SL3 = $5.97 Looking at the RSI indicator, you can see a movement below the downtrend line, but it is worth noting that it is at support. However, the STOCH indicator shows a movement at the lower limit, below the downward trend line, which may result in maintaining the price.
by cryptodailyuk
DOTUSDT Analysis - Long-Term Opportunity !!Dotusdt has recently experienced a breakout followed by a retracement, indicating potential upward momentum. With signs pointing towards new highs, entering for the long term could be promising. However, it’s crucial to maintain a disciplined approach by implementing a stop loss to mitigate risks along the way DOTUSDT (1D Chart) Technical analysis DOTUSDT (1D Chart) Currently trading at $9.7 Buy level: Above $9.6 Stop loss: Below $7.7 TP1: $11 TP2: $13 TP3: $17 TP4: $23 Max Leverage 2x Always keep Stop loss Follow Our Tradingview Account for More Technical Analysis Updates, | Like, Share and Comment Your thoughts
Long
by GreenCryptoTrades
4
🟢 DOT Trade Plan: Breakout and Retest Strategy 📈🚀🎯 Entry Point: Long spot trade at the break and retest of $10.00 resistance on a 4HR candle. 🎯 Take Profit Levels: First target: $11.30 - $12.00 Second target: $16.00 - $17.00 🛑 Stop Loss: Just below $9.50 to manage downside risk. 📊 Strategy Rationale: Taking advantage of breakout momentum with a confirmation retest strategy. Targets set at key resistance levels for potential profit-taking. Tight stop loss to manage risk in case of a reversal. 📉📈 Note: Monitor price action closely for confirmation and adjust strategy accordingly. #DOT #TradingStrategy #Breakout 🟢📊
Long
by Richtv_official
DOTUSDT - Opportunity to catch a 38% correctionDOT/USDT is at a Buying Zone: This suggests that according to your analysis, the current market conditions favor purchasing DOT with USDT. Buying zones are typically identified through technical analysis indicators such as support levels, trend lines, or chart patterns. It's essential to have a clear understanding of why you believe DOT/USDT is in a buying zone. This could involve factors such as a pullback from previous highs, consolidation after a rally, or bullish indicators on technical charts. The Premium Buying Zone is at 8.4 to 8.9: This indicates a specific price range within the buying zone where you believe there is a premium buying opportunity. The premium buying zone could be based on factors such as historical price levels, psychological levels, or significant order blocks. Identifying such zones helps traders focus their buying efforts and potentially capitalize on favorable entry points.
Long
by MOAZAM1133
It is EASY to make money.Hi, With the recent plunge in Bitcoin and altcoins, many of you may have been worried, and some of you may already be celebrating the recent rebound. However, do not let your emotions take control over your trading account. Market sentiment is a reflection of the individual psychology of each of us. And as history has shown, those who hold on win. Hold on to your FOMO, hold on to your FEAR. Below is a chart of SOL, which shows a huge move higher this cycle, AVAX, which is chasing it, DOGE, which has now broken above its consolidation zone, and FIL, which is still not out of the consolidation zone. You can also find many examples of these asset cycles in the stock market. Here are some ideas. 🍀☢️ Conquer your FEAR and FOMO, and you WILL earn money. 1PERCENT
Long
by RVD_1PERCENT