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Dotlong

DOT Struggling on Higher Timeframes In the last 5 months DOT has lost 70% of its value, it corrected till 0.886 on Fibonacci until it found a local bottom & bounced off $15. DOT Higher timeframes: However, DOT is still struggling to break above the supply at $23 - $24, which is now acting as a strong resistance on higher timeframes. We need DOT to close a weekly candle above the supply zone $24 for further upside or else it will go for further correction. DOT Lower timeframes: On lower timeframes, we're currently retesting the breakout, if we hold it will retest the $23 - $24 supply zone. Look for entries on lower timeframes for short term trade, for longterm look out for clear break through above the strong supply zone $23 - $24.
Long
by TychonTrades
DOT Sign of Strength RallyThe DOT price has been observed in a horizontal re-accumulation trading range from Jan 21, 2022 to the present. The DOT price is pushing up against the trading range resistance in what appears to be an SOS rally. I will make a long entry in this presumed SOS rally (around $21.5) and take profit around the next resistance cluster around $28. I may add to the position at the BU/LPS. The upper and lower boundaries of the re-accumulation trading range are given by the horizontal black lines. Blue arrows mark volume spikes. Wyckoff abbreviations: automatic rally (AR), change of character (CHoCH), sign of weakness (SOW), failed upthrust (FUT), selling climax (SC), sign of strength (SOS), back up (BU), last point of support (LPS), last point of supply (LSPY). This is not financial advice. I am not your financial advisor. This is my opinion.
KRAKEN:DOTUSDLong
by Eightchains
3
DOTUSDT, We are going to reach to the new support levelHello everybody As we have many request to update analysis of Dot, we will update it at the end :D As you know, Dot is one of the most powerful project in crypto that is working on connection base between blokchain with parachain and ... The founder of project is Dr.Gavin wood , he is one of the co-founder of etheruem and ... If you know the fundamental of any project that can help you to knoe the road map and to diagnosis which one these many project are good and it can be worthy in future According to the chart and our previous serial analysis , we shown on chart that we are in downward trend and until we are moving in this trend to the low we didnt have any permission to take long posotion because its against of trend and now according to the trend we expect the price to have some rise up to complete their correction then its ready to make new LL and make new breakwave . You can take short position if you have signal in the resistance zone that we shown in previous analysis. ( Signal : like reverse hammer , descending cover , pattern price or ... ) Please guys dont forget use stop loss and observe capital management If you re attractive of Dot you can check our previous analysis to know the movement : If you have any question, send us messages Good Luck Abtin
Short
by Abtin00
polkadot is ready for Wave G NOTE : Personally, I have been a staunch opponent of digital currencies for a year now, but as I said before, I have recently seen good endurance and demand in this bloody market, and now I hope to climb. I think that the banks and financial institutions of the world, with the decline of all markets and its uncertain future in the war, have a good excuse to have a good profit in this market from the people. Governments are also supporting the burning of money and the reduction of inflation
Long
by NEOVOLUME