#DOT/USDT#DOT
The price is moving in a descending channel on the 1-hour frame and sticking to it well
We have a bounce from the lower limit of the descending channel and we are now touching this support at 0.400
We have a downtrend on the RSI indicator that is about to be broken, which supports the rise
We have a trend to stabilize above the moving average 100
Entry price 1.10
First target 4.26
Second target 4.40
Third target 4.62
DOTBTC
Polkadot / DOT ( Hot or Not? )The price of DOT is $7.5 today with a 24hour trading volume of 777 million dollars. This represents a 2% price increase in the last 24 hours and a 22.00% price increase in the past 7 days
Polkadot is a platform that allows diverse blockchains to transfer messages, including value, in a trust free fashion; sharing their unique features while pooling their security. In brief, Polkadot is a scalable heterogeneous multi chain technology made by Gavin Wood, Robert Habermeier and Peter Czaban.
but is it hot or not? 4.5$ for Dot is a Dip and the next targets are 7.5, 7.9 and 8.3$. the next big resistance for Dot is 8.5$
#DOT/USDT#DOT
The price is moving within a descending channel pattern on the 12-hour frame and is expected to break upwards
We have a downtrend on the RSI indicator that has been broken upwards and we have a tendency to stabilize above it
We have a major support level in green at a price of 4.20
We have a tendency to stabilize above the moving average 100 which supports the rise
Entry price 4.67
First target 5.40
Second target 6.02
Third target 6.70
DOT - Price hit accumulation zone #DOT/USDT #Analysis
Description
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+ DOT price has hit accumulation zone and currently trading inside the accumulation zone.
+ Price is expect to trade in this range for upcoming weeks.
+ A clear breakout from this accumulation zone is essential for the trend reversal.
+ A breakout from the accumulation zone will push the price higher eventually result in a bullish trend.
+ Let's wait for the breakout before entering the trade.
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Enhance, Trade, Grow
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VectorAlgo
DOT - A Risky Opportunity for HoldingBINANCE:DOTUSDT (1W CHART) Technical Analysis Update
DOT is currently trading at $5.9 and the price is in a consolidation state. As we expect a bull market in crypto, it's likely that the price will bounce back from this consolidation zone. This is a good opportunity to buy some and hold in the spot market.
Entry level: $ 5.9
Stop Loss Level: $ 4.7
TakeProfit 1: $ 8.811
TakeProfit 2: $ 10.667
TakeProfit 3: $ 16.852
TakeProfit 4: $ 23.526
Max Leverage: 2x / Sport
Position Size: 0.5% of capital
Remember to set your stop loss.
Follow our TradingView account for more technical analysis updates. | Like, share, and comment your thoughts.
Cheers
GreenCrypto
#DOT/USDT#DOT
The price is moving within a bearish channel pattern on the 4-hour frame, which is a strong retracement pattern
We have a bounce from a major support area in green at 5.50
We have a tendency to stabilize above the Moving Average 100
We have a downtrend on the RSI indicator that supports the rise and gives greater momentum, upon which the price is based higher at the discount
Entry price is 5.80
First target 6.64
Second goal 7.42
Third goal 8.32
DOT's next move.CRYPTOCAP:DOT
I see a bullish divergence on the daily chart at an important support level, and people are freaking out about how they spend money :)
Sorry, but I trust what I see on the charts.
The only invalidation point is $4.50.
If you are still here, here are more of my thoughts...
So what if #DOT paid big influencers to promote their project? Every project does that; it's their marketing strategy. It's good that they are investing in marketing because, in the crypto world, the cycle moves really fast, and to keep up, you need to spend on marketing.
Many projects, including some of your favorites right now, have paid influencers. It's like the death toll shown on your screen daily during the COVID-19 pandemic, which made you worry every day. But in reality, the death toll was almost the same before COVID-19; it was just shown to you daily.
You never know how much #ADA paid influencers. Disliking the idea of paying for and buying inorganic distribution is misguided.
Support around 6.684 is the keyHello, traders.
If you "Follow", you can always get new information quickly.
Please also click "Boost".
Have a nice day today.
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Unlike the SOLUSDT chart, the DOTUSDT chart is in a reverse arrangement, that is, a downward trend, with the M-Signal of the 1D chart < M-Signal of the 1W chart < M-Signal of the 1M chart.
When trading stocks (coins, tokens) that show this kind of movement, it is recommended to trade in short bursts.
Currently, the BW indicator of the TS - BW indicator is forming a horizontal line at the lowest point, and StochRSI > StochRSI EMA.
And, depending on whether there is support near HA-Low (6.684) on the 1D chart, you can trade.
Therefore, it can be seen that it is in a position where you can trade before the SOLUSDT chart.
However, as I mentioned above, since the price is below the M-Signal indicator on the 1D chart, it is recommended to check whether it breaks through upward and maintains the price.
Accordingly, I think it is more stable to check whether there is support near 7.283 in the box section of the HA-Low indicator on the 1D chart (6.053-7.283) and trade to make a purchase.
Since it has not been long since it turned into a downtrend, if it rises above the HA-High indicator (8.144) on the 1W chart, there is a possibility that it will show a movement to turn into an uptrend, so whether there is support near the HA-Low indicator on the current 1D chart is an important key point.
If it falls below 6.343, you should check for support near the 5.473-5.929 range.
If it rises above 7.319,
1st: 8.144-8.620
2nd: 10.131-10.611
You should check for support near the 1st and 2nd ranges above.
Have a good time.
Thank you.
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- Big picture
It is expected that a full-scale uptrend will begin when it rises above 29K.
The range expected to be touched in the next bull market is 81K-95K.
#BTCUSD 12M
1st: 44234.54
2nd: 61383.23
3rd: 89126.41
101875.70-106275.10 (overshooting)
4th: 13401.28
151166.97-157451.83 (overshooting)
5th: 178910.15
These are points where resistance is likely to occur in the future.
We need to check if these points can be broken upward.
We need to check the movement when this section is touched because I think a new trend can be created in the overshooting section.
#BTCUSD 1M
If the major uptrend continues until 2025, it is expected to start forming a pull back pattern after rising to around 57014.33.
1st: 43833.05
2nd: 32992.55
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#DOT/USDT#DOT
The price is moving within a head and shoulders pattern on a 4-hour frame, which is a retracement pattern
Our right shoulder support area bounced after it was completed
We have a tendency to stabilize above the Moving Average 100
We have a downtrend on the RSI indicator that supports the rise and gives greater momentum and the price is based on it
Entry price is 6.45
First target 6.82
Second goal 7.07
Third goal 7.31
Important points: 6.684, 8.144, 10.611Hello traders!
If you "Follow" us, you can always get new information quickly.
Please also click “Boost”.
Have a good day.
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(DOTUSDT 1M chart)
The key is whether it can rise above 9.262 and receive support.
(1W chart)
It is expected to rise above 10.373 to escape the bottom section.
To do so, the key is whether the price can be maintained by rising above the HA-High indicator (8.144) on the 1W chart.
The full-fledged upward trend is expected to begin when the price rises above 19.370, which is the volume profile section.
(1D chart)
The M-Signal indicator on the 1W and 1M charts is passing through the 7.319-8.144 section.
Therefore, it is highly likely that an upward trend will begin if the price is maintained above 8.144.
If not, and it falls, you should check for support around the HA-Low indicator (6.684) on the 1D chart.
From the current price position, the HA-High indicator on the 1D chart is formed at the 10.611 point, so it is expected that the full-fledged upward trend will begin only when it rises above this point.
Therefore, the critical points are 6.684, 8.144, and 10.611.
You can proceed with your trade depending on whether there is support at these three important points.
Have a good time.
thank you
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- The big picture
The full-fledged upward trend is expected to begin when the price rises above 29K.
This is the section expected to be touched in the next bull market, 81K-95K.
#BTCUSD 12M
1st: 44234.54
2nd: 61383.23
3rd: 89126.41
101875.70-106275.10 (when overshooting)
4th: 13401.28
151166.97-157451.83 (when overshooting)
5th: 178910.15
These are points that are likely to encounter resistance in the future.
We need to see if we can break through these points upward.
Since it is thought that a new trend can be created in the overshooting zone, you should check the movement when this zone is touched.
#BTCUSD 1M
If the general upward trend continues until 2025, it is expected to rise to around 57014.33 and then create a pull back pattern.
1st: 43833.05
2nd: 32992.55
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POLKADOT Are you ready to move 30% ?Polkadot: Coiling for a Breakout?
Polkadot, the interoperable blockchain platform, has been exhibiting a relatively slow and steady price movement in recent weeks. This methodical approach, however, could be laying the groundwork for a significant breakout.
Price Action and Support Levels
After forming a well-defined box pattern, Polkadot has established an ascending trendline that is currently acting as support. This consolidation phase has allowed the bulls to gather strength and prepare for a potential surge.
The key resistance level to watch is $7.6. A decisive break above this level could trigger a rapid upward movement, potentially pushing Polkadot towards its first target of $8.7.
Bullish Momentum and Potential Targets
The recent break of the downtrend line and positive technical indicators indicate that Polkadot is ready to break. The bullish momentum could further accelerate if the price manages to hold above the $7.6 support level.
With the downward trendline out of the way, a $10 target is not out of the realm of possibility. This ambitious target could be achieved if Polkadot continues to demonstrate strong buying pressure and positive market sentiment.
Potential Pullback and Overall Outlook
While the bullish outlook is promising, it's important to acknowledge the possibility of a pullback to the $7.6 support area before the continuation of the upward trend. Such a pullback would be a healthy retracement and could provide an opportunity for new buyers to enter the market.
Overall, the technical analysis suggests that Polkadot is in a favorable position for a breakout. The price action, support levels, and technical indicators all align with a bullish scenario. However, as with any investment, it's crucial to exercise caution and conduct thorough research before making any trading decisions.
DOT ANALYSIS (6H)From where I inserted "Start" on the chart, it seems that the price entered a correction.
This correction is a triangle or a more complex pattern (diametric or symmetrical).
From the green area, it can move towards the targets.
Closing a daily candle below the invalidation level will invalidate the analysis
For risk management, please don't forget stop loss and capital management
When we reach the first target, save some profit and then change the stop to entry
Comment if you have any questions
Thank You
Polkadot📊Analysis by AhmadArz:
This is the time when we are looking for the best points to buy in this chart so that we can double the capital.🚀
🔗"Uncover new opportunities in the world of cryptocurrencies with AhmadArz.
💡Join us on TradingView and expand your investment knowledge with our five years of experience in financial markets."
🚀Please boost and💬 comment to share your thoughts with us!
#DOT/USDT#DOT
We have a bearish channel pattern on a 1-hour frame, the price moves within it and adheres to its limits well, and it is about to break upwards.
We have a tendency to stabilize above moving average 100
We have a downtrend on the RSI indicator that supports the price higher
Entry price is 6.80
The first goal is 7.07
Second goal 7.24
Third goal
7.45
DOT: break renge level📊Analysis by AhmadArz:
🔍Entry: 7.370
🛑Stop Loss: 6.927
🎯Take Profit: 7.692 -8.102 -8.443
🔗"Uncover new opportunities in the world of cryptocurrencies with AhmadArz.
💡Join us on TradingView and expand your investment knowledge with our five years of experience in financial markets."
🚀Please boost and💬 comment to share your thoughts with us!
BTC: break reng fr buy📊Analysis by AhmadArz:
🔍Entry: 8.893
🛑Stop Loss: 8.512
🎯Take Profit: 9.304-9.688
🔗"Uncover new opportunities in the world of cryptocurrencies with AhmadArz.
💡Join us on TradingView and expand your investment knowledge with our five years of experience in financial markets."
🚀Please boost and💬 comment to share your thoughts with us!
#DOT/USDT#DOT
The price is moving in a downward channel on a 4-hour frame and is bouncing from the support area in green
The area in green is a very strong support area
Our RSI indicator has a trend that is about to break to the upside
We have a very strong uptrend
Entry price: 9
First goal 9.7
Second goal 10.19
Third goal 10.92
DOT UPDATE (1D)DOT bullish waves that started at the bottom look like an ABC or more complex pattern.
Now it seems that wave A has been completed and we are in wave B.
Wave B looks like a runing flat, and now we are in wave C of this flat.
DOT can continue to climb by maintaining the green range.
Closing a daily candle below the invalidation level will violate this analysis.
For risk management, please don't forget stop loss and capital management
When we reach the first target, save some profit and then change the stop to entry
Comment if you have any questions
Thank You