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DOTBTC

Comparing SAND with DOT, BTC #DOT/USDT vs #SAND. 👀 - Break to a new all-time high! - rejection at 1.272 Fibonacci - find support and consolidate between these Fibonacci’s 0.618, 0.702 and 0.786 Then the next impulse should start! Key hier is 0.618 febonacci must hold! Even on BTC, we see similar sat up 😊 the first market movers usually show what to come For the rest of the market. #BTC - Break to a new all-time high! - rejection at 1.272 Fibonacci - find support and consolidate between these Fibonacci’s 0.618, 0.702 and 0.786…???? Then the next impulse should start! As long this long-term pattern is intact everything is #BTD in my eyes. dips are gift #BTD=BUYTHEDIP!! All 3 (2013,2017,2021)full #BTC cycles saw a "mid-cycle" correction after testing the 1.618 Fibonacci extension level and all 3 bounce off the 1.272 fib. #PatienceMan always wins!! It's literally the only thing you need right now if you believe that the macro top isn't in yet. Don't get robbed with this market correction instead treat them as black Friday. always think on the bigger Picture zoom out!!. Corrections are healthy and part of the journey. Up only is a meme What Are Fibonacci Retracement Levels? Fibonacci retracements are considered to be hidden levels of support and resistance in the market. They are derived from the Fibonacci sequence of numbers that was discovered by Leonardo of Pisa, a 13th-century Italian mathematician. Fib retracements are internal retracements since they measure a price move that exists within a prior leg. The most common Fibonacci retracement levels include 23.6%, 38.2%, 50%, 61.8%, and 78.6%. Although the 50% level is not an actual Fibonacci-based ratio, it has many important characteristics, and as such, is included as a level within most Fibonacci retracement tools. it’s important to understand that we need to select two important swing points for plotting all Fibonacci levels. Additionally, the more confluence that you have around a certain price level, the more weight we can put on that particular area as potential support or resistance level. There are a myriad of technical studies that one can utilize in attempting to find the strongest fib retracement levels. For example, a trader can use Fibonacci retracements in conjunction with other technical analysis tools such as candlestick patterns, pivot points, market profile, or Elliott wave analysis to confirm a high probability reversal zone. Whatever combination of techniques are utilized, the primary goal in using Fibonacci retracements is to anticipate a potential termination point for a correction. The Fibonacci retracement tool is equally valuable for both shorter-term, and longer-term traders.
by CryptoUltron
2
DOT/USD - Chilling on $40 support line. Can it pump? 🤔DOT has had quite a severe correction after reaching its current ATH at $55. It dropped 32%. Now that we have found a good support level at around $40, DOT has a new chance to pump. The indicators are bearish on the daily timeframe, but this can change quickly, particularly if on lower timeframes like 4-hour, the indicators can curve back up. So long we hold above $40, DOT has a good chance to break above the resistance at $43. Bias is neutral right now, but it will flip bullish the longer we sit above support. Like and follow if you liked my idea!
by DU09
2
DOT REVERSAL FROM A STRONG SUPPORT ZONEDOT has to flip $41.67 and go to $44, $46 and $48 (shorterm). DOT after a massive sell-off found the support at a strong uptrend trendline. We have a bullish harmonics on daily timeframe with the strong trendline support. As long as we hold this low we're moving up! For longterm I see no reason for Polkadot to not hit $100 - $170 mark! Let the final mega cycle begin and the real show will get started Handshake Accumulate the dips while you can and when you can! If you liked the idea, give it a thumbsup!
Long
by TychonTrades
1
DOTUSDT , We expect this kind of moveHello everybody Acccording to our last and previous analysis , You watched the trend line is upward and in daily time frame we hadnt any signal for change trend and now we wanna be ready to move up , in daily analysis we are in support powerful zone and we expect that the price will support in here and is moving to go up and reach to last ATH Dot is one the most powerful project that the founder of it : Dr.Gavin Wood You know who is he ? But becareful and dont forget to use your stop loss and attention to money management Previous analysis : Good Luck Abtin
Long
by Abtin00
PolkadotPolkadot is beginning to weaken, not only in itself, but particularly in comparison to that of Bitcoin. As we've discussed at length here on TW, Bitcoin continues to show some bullish sentiment due to its recent technical breakout in MARA/BTC. As long as this pertains, we'll stick with the majority of our position in Marathon Digital Holdings. 60 percent of my portfolio is currently in Marathon. The remaining 40 percent is spread out in alts. With that said, I might consider reallocating a good chunk of those alts into Marathon as a few of them show emerging weakness, both individually, but even more so when directly compared to Bitcoin. On the Poladot versus Bitcoin chart, the price was once again rejected by the horizontal resistance zone - and this after a minor fakeout. On top of that, the price has recently dropped below the diagonal support as well and is presently trading in a weak spot. And to add fire to the flames, we also have a 3-point RSI divergence on the daily chart. If this bearish internal trend were to continue, it naturally doesn't mean the price of Polkadot may go down. All it means is that Polkadot will then be expected to under perform versus that of Bitcoin. Let's then dig a bit deeper to find more clues of the overall market health condition. If we proceed to look at Polkadot itself (as in compared to the USD), we can firstly detect that it's trading right at the horizontal support zone. On top of that, the RSI looks strong too and for two reasons. Firstly, it has retraced quite much - by almost 20 points to be precise - from a mere and seeming price correction. Secondly, it is still trading within a strong bullish red RSI channel. So far it shows every sign of health. This in combination with the strong horizontal support zone and the thus far strong bull trend gives me no reason whatsoever to be bearish on Polkadot. Quite the opposite! This means that if we put the just-turned-bearish DOT/BTC next to the nicely and bullish-looking DOT/USD we can technically conclude that Polkadot's trend is up, but that it is yet statistically bound to under perform versus that of Bitcoin. This in turn leaves us with the conclusion that Bitcoin is even more bullish. To further add weight to our technical case - as in to further increase the probability of being correct - we will soon proceed to compare more individual alts and their respective strength-relationship to that of Bitcoin. But for now, it's Bitcoin season 1 - altcoin season 0, yet with both looking technically bullish regardless.
POLONIEX:DOTUSDLong
by LongLifeTrading
PolkaDot DOTUSD - HUGE Parallel Channel on the Daily chart- Polkadot - DOT - Rank #8 -Coin - Polkadot is strong on the daily timeframe , as we can see. - The price broke out of the bullish falling wedge and now is unstoppable! - On the daily time scale, we can spot a huge blue parallel channel , which acts like a support and resistance . - Target top of the chanel or 1:1 fib extension on the daily chart . - For expected duration of the trade, probability, stop loss, profit target, entry price and risk to reward ratio ( RRR ) - please check my signature below ↓ - Due to my Elliott wave count, the correction is totally over and we can expect a higher prices! - If you want to see more of these ideas, hit "Like" & "Follow"!
KRAKEN:DOTUSDLong
by UnknownUnicorn2537518
6
DOT two waysPolkadot is formign a bearish structure on the 4h chart, with what could even be a double top. LONG: If we hold the green zone I'll be looking to enter when we have a bullish structure (higher high and low) with a safe target around $60 SHORT: If we break .382 FIB, the support zone and the 200EMA, I'll look for a retest of the .382 level for a sharp move down. Not too big of a target as the overall market sentiment remains bullish and the trend is your friend. What do you believe is about to happen?
by Coinathlon
1
DOT/USD - Sharp rejection and a bearish cross. 😪DOT disappointed this week with a 15% drop in the past seven days. Moreover, it did not manage to hold above the support level at $48, falling behind it and turning it into resistance. These are bearish signals, with MACD crossing on the negative side on the daily timeframe. When this happens, it is time to expect a correction and DOT is not different in this respect, particularly after a strong rally in October and early November that lead to a new all-time high at $55. The next support level is found at $43 which should be well defended by bulls. Looking ahead, expect to see DOT approach the low $40s before the bulls may return to defend further losses in price. Like and follow if you liked my idea!
by DU09
1
DOT AnalysisThe DOT token serves three distinct purposes: governance over the network, staking and bonding. DOT soon launch Parachains. Here's a quick look at DOT 4D char t . As we can see, the price has been showing a double top and going to test suppor t.We need to wait for btc price action because if btc take a correction then dot works perfectly in double top and go downtrend . Just wait for next daily closing candle dot need to close above 49.61$ for being a bullish momentum. Definitely one to keep an eye on . The best entry at 46.54$ ,41.15$ Targets 1 54.36$ 2 63.46$ For long term vision You can take part in Polkadot Auction . Easily make 3-4X PolkaDot gona boom boom in upcoming days NOTE - Need minimum 1 dot in your bag(MUST)
Long
by YouDo_