DOTBTCHello Crypto Lovers,
Mars Signals team wishes you high profits.
We are in the daily time frame. You see the S1 line which can be the support area for the price. If the S1 line holds, then the next target for the price will be the R1 line. There is also the possibility for the price to fall down to the S2 line and if that happens, then the target for the price will be first the S1 line and then the R1 line.
Warning: This is just a suggestion and we do not guarantee profits. We advise you to analyze the chart before opening any positions.
Wish you luck
DOTBTC
One more pump for DOTBTC before a dump?Of course this is conjecture but given BTC's market dominance I could see this scenario playing for DOTBTC.
I could see DOTBTC having a decent pump to test the top of the rising channel trend line. Which depending on where BTC is at the moment could put it between $30-$33 USD and retesting the DOTUSD local high range.
If we assume that BTC dominance has bottomed and will turn around over the next few weeks then I think it's reasonable to see DOTBTC dump to the bottom of it's macro trend line before reversing and eventually breaking out of its macro symmetrical triangle.
To me this is the bullish scenario if we assume that BTC dominance is going be reversing sometime soon. If BTC dominance crashes and we go into an alt season then everything changes and we reevaluate.
Simple but smartHi guys
We see the price hitting the channel ceiling and the reaction to the channel ceiling was observed, so it can be a signal to exit. But if the price breaks from the channel upwards, it can be a good option to buy, although it is more likely that the trend will not have such strength.
Do not pay attention to shadows
what is your opinion?
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DOTUSDT, Nice supported in key point levelHello everybody
DOT is one the most powerful project that is amazing in crypto because of the do the team that have heavy powerful fundamental analysis
According to the chart and previous serial analysis, We shown on chart 2 3 buy zone level that you can buy step by step to reduce average purchase and we shown on chart the key point level that is important point because if this key was lose and we can consolidation below the key level the trend can be change to downward and we see lower price but the price exactly supported in key point level support.
If you check that level you should bought in bottom of price and now you are in profit.
At this time just manage your portfolio and position, we shown on chart first resistance zone that the price can reach to them and we will update more target after the price can cross this resistance.
Good Luck
Abtin
Previous analysis :
Polkadot (DOT) - January 10Hello?
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(DOTUSD 1W Chart)
10.16-16.15 or more: Expected to create a new wave.
It must rise above the 33.87 point to turn into an uptrend.
If this continues, we should see support near the 20.27 point.
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(DOTBTC 1W chart)
Over the 0.0003911-0.0004872 section: Expected to create a new wave.
You need to break out of the downtrend line to accelerate the uptrend.
So, you need to make sure you can keep the price above the 0.0005850 point.
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We recommend that you trade with your average unit price.
This is because, if the price is below your average unit price, whether the price trend is in an upward trend or a downward trend, there is a high possibility that you will not be able to get a big profit due to the psychological burden.
The center of all trading starts with the average unit price at which you start trading.
If you ignore this, you may be trading in the wrong direction.
Therefore, it is important to find a way to lower the average unit price and adjust the proportion of the investment, ultimately allowing the funds corresponding to the profits to be able to regenerate themselves.
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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 convenience, we are talking in reverse for the interpretation of the indicator.
** The MRHAB-O and MRHAB-B indicators used in the chart are indicators of our channel that have not been released yet.
(Since it was not disclosed, you can use this chart without any restrictions by sharing this chart and copying and pasting the indicators.)
** The wRSI_SR indicator is an indicator created by adding settings and options to the existing Stochastic RSI indicator.
Therefore, the interpretation is the same as the traditional Stochastic RSI indicator. (K, D line -> R, S line)
** 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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EVER HEARD OF THE SEX GODESS NAMED POLKADOT???Greetings fellow Traders,
Today we consider the trading pair DOT/USDT
Looking at the chart above us, we can see that ever since DOT was listed(or after the rebrand at least), Price has continued to respect an ascending Trendline while forming a Ascending Triangle pattern in the process.
Currently Near Support of the trendline, and still in it's Larger Wave 2 correction, Price seems almost bottomed out.
Taking a look at our RSI, ever since the wave 1 top & price hiting our triangle resistance, a bearish divergence was formed, sending both price action & our RSI into territories for a buying spree, most notably the RSI into the oversold region and price into accumulation.
Should that same pattern repeat itself (and it looks just as though it might), we can expect one last retracement to the trendline support before gearing up for another impulse wave move to complete wave 3.
Take profit zone is calculated by taking the length of the triangle from start to resistance and placing it ontop of the triangle, along with some other confluences on the fibonacci tool.
Trade Idea:
--DCA your way down to triangle support
--Target PROFIT ZONE for quick gains
--HODL the rest until strong price rejection.
If you agree with this idea, pls leave a like as well as your thoughts in the comments section.
As always, feedback is appreciated!
DOT, the big players have gathered liquidity. What to do now? The DOT has been in a trading range between the $31 and $24 levels for the past month. It's worth noting that the big players have been collecting liquidity from both buyers and sellers. It is dangerous to open transactions while the price is in the middle of the trading range, because it is not known yet who is stronger sellers or buyers. The best decision now is to wait for a clear confirmation.
In the case of a squeeze and breakout of a key level there can be a good opportunity for buying. In the case of a false breakout it is worth opening a reverse position.
Write in the comments all your questions and instruments analysis of which you want to see.
Friends, push the like button, write a comment, and share with your mates - that would be the best THANK YOU.
P.S. I personally will open entry if the price will show it according to my strategy.
Always make your analysis before a trade.
Bullish, but waiting for entryDOT appears to have formed a symmetrical triangle with BTC. The most recent 4-hour bullish divergence would've been the ideal place to enter a long, but now that we are retesting daily moving average resistance, I'm on the sidelines until I see another obvious entry. For long-term investors, we are still at an accumulation level so if you're looking for DOT exposure, this could be a good place to start averaging in.
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I'd love to hear your thoughts, ideas and feedback. Feel free to comment and I'll try and get back to you quickly.
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PolkaDot Retracement over ..? and Already did 20% within 2-3 day#DOT/USDT
$DOT our Last entry filled at $27 and went upto $33.27
Almost gave 20% profit.
Now some Retracement at this moment.
Now…?
Now $28 is good support level.
If hold then we can see big spike in price otherwise $24 is strong support.
First Target still same = $60
Targets:- $40/$60/$170
Stop Loss:- $23
DOTUSDT Technical Analysis💎 DOTUSDT has broken above a very significant resistance. Due to the Bullish pressure it didn't go for a retest and has been making HHs and HLs. After the pullback we can expect bullish continuation
💵 Invest Only 5% of your Portfolio
🎳 Entry now or from 32.35 - 30.18
☕️ TP1 35.68
🍺 TP2 38.98
🍻 TP3 42.64
🍾 TP4 46.12
🍷 TP5 50.00
🍸 TP6
🍹 TP7
🎁 TP8
🚫 SL 29.75 - 28.35
Good Luck 🎲
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