#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
Dotshort
DOT - Opportunity to catch a 20% correctionGreetings everyone!
I would like to share with you the analysis of DOT (Polkadot).
We have successfully exited the descending structure, which indicates a transition to the ascending structure. However, this does not prevent us from looking for short-term corrective trades with good reasons.
We are currently seeing the filling of the monthly imbalance in the 11.14 - 14.18 range. Within this range, there is a weekly imbalance zone extending from 11.81 to 13.03. With a favorable risk-reward ratio, we may consider setups coming out of this zone.
Our goal may be to eliminate inefficient pricing on the two-hour timeframe (FVG).
#DOT Can Reach 14.7 if..;DOT almost broke the weekly resistance area when it got pumped last time but couldn't manage it sadly.
If DOT can close above 10,7 in daily time frame, I'll take a long entry with 5X Cross (%5 of my general margin) and set the target point to 14,7.
According to Elliot Waves theory, wave 3 should get me 14,78.
Also;
Daily Volume seems fine and broke the last high.
Rsi still seems like fine.
All targets and areas on the chart.
Good luck to us all.
bearish trend (DOT)📊Analysis by AhmadArz:
🔍Entry: 6.59
🛑Stop Loss: 6.68
🎯Take Profit: 6.45
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DOT Up Or Down after the Range?After some bounce up, towards to 4.8$ level, where the coin rejected after touching 3 Week FVG or 50 ema on D TF
The coin has very strong "buy zone" between 3.8 - 4.1$ price levels. I also highlighted that zone with blue circle. Where you can see that the coin was consolidating pretty long between those levels.
Currently as most Alt coins, DOT looks pretty bearish.
There are 2 ways of possible price action.
1. The coin comes to the "BUY" zone that I mentioned above, consolidates and bounces back to 4.3$ that will be 1st resistance to break after the drop towards to "Buy Zone"
Only after breaking above 4.3$ we can expect continuation of the price towards to 4.8$ (another resistance zone)
2. The coin comes to "Buy zone" and doesnt manage to bounce back to break above 4.3$
Continues consolidation with downtrend, at the end we see that coin breaks below 3.8$ in this case we can see the coin around 3.2$ or even lower. (green lines that you can see)
DOT SHORT 15M Hello everyone, let's take a look at the 15M DOT to USDT chart as you can see the price is moving below the local downtrend line.
Let's start by setting goals for the near future that we can consider:
T1 - $ 8.64
T2 = $ 8.67
T3 = $ 8.70
T4 = $ 8.73
and
T5 = $ 8.76
Now let's move on to the stop loss in case of further market declines:
SL1 = $ 8.57
and
SL2 = $ 8.51
Looking at the CHOP indicator, we can see that there is a lot of energy in the 15M range, while the MACD indicator shows a local downward trend.
DOT SHORT 4H INTERVALHello everyone, let's take a look at the 4H DOT vs. USDT chart. As you can see, the price has dropped below the local uptrend line.
Let's start by setting goals for the near future that we can consider:
T1 = $ 7.38
T2 = $ 7.51
T3 = $ 7.62
and
T4 = $ 7.73
Now let's move on to the stop loss in case of further market declines:
SL1 = $ 7.26
SL2 = $ 7.00
SL3 = $ 6.77
and
SL4 = $ 6.43
Looking at the CHOP indicator, we can see that in the 4H range we still have a lot of energy, while the MACD indicator shows a local downward trend.
DOT / USDT 4H CHART - fight the resistance!Hello everyone, let's take a look at the 4H DOT to USDT chart as you can see the price broke above the local downtrend channel and started a local uptrend.
Let's start by setting goals for the near future that we can consider:
T1 = $ 7.96
T2 = $ 8.49
T3 = $ 9.10
and
T4 = $ 9.94
Now let's move on to the stop loss in case of further market declines:
SL1 = $ 7.55
SL2 = $ 7.26
SL3 = $ 7.00
SL4 = $ 6.77
and
SL5 = $ 6.43
Looking at the CHOP indicator, we can see that in the 4H range we still have energy to continue the movement and the MACD indicator confirms the local upward trend.
DOT - PolkadotDOT looking prime for a drop to sub $4 short term, when this correction is over! After a little dead cat bounce and continuation to the down side. None of my 4 indicators showing any bullish confirmation on the Weekly Time Frame. Next Bull Run top $1.2K -$2K.
- Weekly MACD (Bearish)
- Weekly Pekipek's Divergence BETA (Bearish)
- Weekly RSI (Bearish)
- Weekly Stochastic RSI (Bearish)
Will DOT handle the first target?Hello everyone, let's take a look at the DOT to USDT chart over the 1 hour timeframe. As you can see, the price broke above the local downtrend line.
It is worth starting with determining the stop loss that we should take into account in the coming hours. As you can see, we chose 3 stop loss: SL1 - $ 10.75, SL2 - $ 10.09, SL3 - $ 9.54.
Now let's move on to determining the targets that the price has in front of it and as you can see, the first one is at T1 - $ 11.34 with which the price is currently fighting, the next one is at T2 - $ 12.46.
Looking at the CHOP indicator we can see that in the 1 hour interval some energy has been used up, but we have a little bit to continue the movement. On the other hand, the MACD indicator shows an upward trend.
DOT on support, three price targets possibleHello everyone, let's take a look at the 1H DOT to USDT chart. As you can see, the price is moving below the local downtrend line.
Let's start with marking the support line and as you can see the first support in the near future is $ 14.06, here it is worth setting the first stop loss, if the support breaks, the next support is at $ 12.75, here it is worth setting the second stop loss. Next we have a support zone from $ 11.36 to $ 8.07
Now let's move from the resistance line as you can see the first resistance is $ 16.19, if you can break it the next resistance will be $ 17.63 and $ 18.86.
Looking at the CHOP indicator, we can see that in the 1H interval we have a lot of energy for new movement in the coming hours.
The DOT relied on support at $ 20.09Hello everyone, let's take a look at the DOT to USDT chart on the 1D Interval. As you can see, unfortunately the price has dropped a bit below the local uptrend.
Let's start with the designation of the support line and as you can see the first support in the near future is $ 20.09 on which the price is currently based, if the support breaks, the next one is $ 18.95 and $ 17.80.
Now let's move from the resistance line as you can see the first resistance is $ 21.13, if you can break it the next resistance will be $ 23.30 and $ 25.55.
Looking at the CHOP indicator, we can see that in the 1D interval we have a lot of energy to make the next move.
DOT Short position 22 December 2021I'm going to short DOT in this setup. We saw some explosive growth this day and we hit our previous resistance zone. The RSI indicator is indicating a top So I think this is a safe bet with low risk
I will place a SL at 28.3 and TP at around 25.72 and also move my SL lower if the trade goes in profit
DOT USDT SetupThis is my DOT USDT setup, DOT can go to demand area sooner or later, there are bearish divergence on weekly and daily timeframes, and the trendline has been broken, the target price is based on supply & demand and fibonacci, you don't have to open short position, if you want to buy DOT, you should wait until the price arrives to the demand area.
POLKADOT(DOT) 1H NEAR FUTURE PREDICTIONTechnical Analysis Summary (POLKADOT)
DOT/USDT
TREND ANALYSIS
We have 3 downtrend which is currently active in red
The wider the stronger the downtrend
FUTURE PREDICTIONS
We have many resistanse and support levels that I have mentioned above.
I use thickness as an indicator of stregth of levels (ONLY FOR VISUALS).
Yellow support level are levels from the past (more for explanation purposes rather than entry points)
Good luck everyone, stay safe!
If you need help don't hesitate to send me a message or comment
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