DOT/USDT 1DAY UPDATE BY CRYPTO SANDERS !!Hello, welcome to this DOT/USDT 1DAY chart update by CRYPTOSANDERS.
I have tried to bring the best possible outcome to this chart.
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CHART ANALYSIS:-Polkadot (DOT), was another big gainer in today’s session, with prices moving closer to a four-week high.
Following a low of $4.84, DOT/USD managed to reach an intraday high of $5.16 earlier on Thursday.
As a result of this move, DOT broke out of a key resistance level of $5.15, hitting its strongest point since December 16 in the process.
As can be seen from the chart, the 14-day RSI has failed to move beyond its long-term ceiling of 68.00 and has since slipped lower.
Price strength is now tracking at 63.10, with DOT declining from its earlier peak, and the asset is trading at $5.09.
In order for the token to continue to move higher, there will first need to be a rally above its 68.00 points on the RSI.
This is not a piece of financial advice.
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DOTUSD
PolkaDot | Heating up for Massive BREAKOUT..!!
#DOT is heating up for Massive Breakout 🔥
Forming Falling Wedge in Weekly timeframe Chart.
Seems like Bottomed out but not out of Woods yet.
Bulls need to Close the Weekly Candle above 4.90 to Confirm the Wedge Upside Breakout.
Looks Promising for Q1 2023, +300-380% Profit Potential in the Midterm.. ✍️
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Support of buyersDOT posted a nice price increase last week. With the support of buyers, the price broke out of the narrow descending channel and continued to move up with a small pullback due to increased buying volume. Also, the resistance range that was considered at $4.51-$4.55 has become support with a strong bullish candle in the 4-hour timeframe, and a positive reaction has been seen twice in the pullback to this area. The point is that the ceiling formed in the $4.7 range can be considered a higher ceiling than the last ceiling in the downtrend. So, considering the higher price floors that have been formed, we expect Polkadot to see a strong positive reaction by hitting the support of the $4.50 range. If this happens, we can consider short-term price targets in the range of $4.979 and $5.408.
DOT/USDT 3DAY UPDATE BY CRYPTO SANDERS Hello, welcome to this DOT/USDT 3DAY chart update by CRYPTOSANDERS.
I have tried to bring the best possible outcome to this chart.
Show some support, hit the like button, and follow and comment in the comment section. this motivates me to bring this kind of chart analysis on a regular basis.
CHART ANALYSIS:-DOT is moving in a long-falling wedge and presently holding over its strong horizontal support, from where we've previously seen a huge bullish rally.
RSI is in the oversold area, printing bullish divergence. We've to keep an eye on a solid breakout, which will confirm a pleasant bullish rally in it.
This is not a piece of financial advice.
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Accumulating XLM & DOT -Fractals show PROFITSHi Traders, Investors and Speculators 📈📉
Ev here. Been trading crypto since 2017 and later got into stocks. I have 3 board exams on financial markets and studied economics from a top tier university for a year. Daytime job - Math Teacher. 👩🏫
If I haven't already told you, Happy New Year 🥂
I'll be making a series of updates on Altcoins that have decent upside potential during 2023. I'll specifically select alts that are trading low or in accumulation zones and altcoins that are known to pump and dump independently of the overall market trend ( bearish or bullish ). It will be in your best interest to watch these alts, especially with talks of a recession on the rise. Good opportunities will be few and far apart, but you can still count on a few coins to rally during bear markets. Today's picks are XLMUSDT / Stellar and DOTUSDT / Polkadot .
Incase you missed yesterdays gems, XRP and LTC , find the analysis here : 👀
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DOT/USDT Good days are comingAs you see in this analysis, Polkadot will be one of the best profitable coins in the coming days.
The reasons are:
We have reached the monthly demand in control zone and we have pulled back to it for the first time (FTB).
We have reached the bottom of the downtrend weekly channel.
We saw the falling wedge pattern in the daily timeframe and its break out is imminent.
Polkadot - DOT lost important volume profile support at $4.60👀PolkaDot lost important volume profile support at $4.60👀
Next lower volume support at $3.90 - if it breaks a lack of volume will lead DOT to $3.15 - logFIB 78.60%
First bullish signs for DOT after breaking above $4.60 and logFIB golden pocket again.
Let me know your thoughts in the comments🤗
⬇️⬇️⬇️
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Disclaimer:
Not financial advice
Do your own research before investing
The content shared is for educational purposes only and is my personal opinion
It is approaching its initial listing priceHello?
Traders, welcome.
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(DOTBTC 1W chart)
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(DOTUSDT 1W Chart)
(1D chart)
This time HA-Low is falling and is looking to spawn at 4.514.
Therefore, it is important to be able to rise with support in the 4.514-4.605 section this time.
As you can see from the DOTBTC chart and the DOTUSDT 1W chart, there is no upward force and it is approaching the initial listing price.
I think there is little you can do in this situation.
Therefore, I think it is better to wait for the trend to turn into a short-term uptrend.
To turn into a short-term uptrend, it means when MS-Signal, which was holding the price higher than MS-Signal, turned into an uptrend.
To do so, it must show that the price is maintained at least in the 4.514-4.605 range or higher.
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** All descriptions are for reference only and do not guarantee profit or loss in investment.
** If you share this chart, you can use the indicators normally.
** The MRHAB-T indicator includes indicators that indicate points of support and resistance.
** HA SRRC indicators are displayed as StochRSI (line), RSI (columns), and CCI (bgcolor).
** The CCI indicator is displayed in the overbought section (CCI > +100) and oversold section (CCI < -100).
(Short-term Stop Loss can be said to be a point where profit or loss can be preserved or additional entry can be made by split trading. This is a short-term investment perspective.)
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DOT ANALYSIS#DOT UPDATE.
#since dot got break below to the descending triangle and the move was about 20% .it is most likely that we might see dot testing the green line support before making any further move.
#DOTUSDDOTUSD
The coin has almost reached lower in combination with a healthy demand zone
On the chart, it appears before us that a change in the trend is approaching, and this is evident in the convergence of the recently formed bottoms, and small candles forming on the downside.
Therefore, I recommend buying now from the current level 4.516, and if the price succeeds in finally breaking this formed pattern, it will confirm the strong ascent towards levels
9.76
Then 23.13
$DOT : POLKADOT Road Map$DOT
On a Weekly Chart
LONG POSITION -MOMENTUM STRATEGY - SWING
11.30.22
0913H +8 SINGAPORE
Disclaimer:
The findings of the following analysis are the sole opinions of the publisher of this idea and should not be taken as a piece of investment advice.
My Published Ideas are not 100% Accurate. There are many factors at a given time that can change the forecast.
ALERT:
Forecast Entries for a BULL SWING.
Smart money wants a REBOOT of 2018 and all is possible for the forecasted entries based on numbers and the character of the market Let us see how price action reacts on a DAILY chart .
Hoping that this BENTO BOX CHART ANALYSIS will efficiently help you with your DYOR as we Enter a NEW SWING CYCLE for LONG positions, either short, mid, or long term.
INSTRUCTIONS:
HOW TO USE THIS MINIMALIST CHART a.k.a (Bento Box)
"Follow the white rabbit!"
Just Follow the TOPS and BOTTOMS of the BOXES as a GUIDE to where the MARKET will take you.
If it cannot break a TOP or BOTTOM of a BOX, It signifies a reversal.
TARGET ZONE IDENTIFICATION:
The LARGE BOXES (Tops and Bottoms) are MAJOR turning points that will occur sometime in the future. While the SMALL BOXES (Tops and Bottoms) are MINOR turning points.
These can be entries to a BUY/ SELL POSITION, EXIT/PARTIAL EXIT/TOP-UP AREAS, as well as Support and resistance levels
Also includes MAXIMUM TARGET EXIT AREA OF VALUE - CONSERVATIVE (If price action conditions are right at that given moment.)
NOTE:
1. That PRICE TARGETS for ENTRY and EXITS are DYNAMIC and can CHANGE from time to time.
2. Created using data on a MONTHLY, WEEKLY & DAILY Analysis of a MARKET'S CHARACTER.
3. My BENTO BOXES are designed for SWING TRADES at the LOWEST or START of a SWING CYCLE.
4. At times I will include a WAY BEYOND PARABOLIC PRICE TARGET, depending on The Character of the Market (CRYPTOS ONLY).
5. DYOR for your Fundamentals, Volume , Chart Patterns, Candlestick Math, FIB COILS ( ABC ), Price Action, FIB LEVELS, Market Dynamics, AB=CD Pattern especially institutional and retailer trading psychology .
Wishing you all The Best Trades and Thank you all for your Appreciation and Support of My Work.
Much thanks to My 3 Mentors. They are so much of a Blessing that I also wish to share my knowledge.
Vive Le Autist!
DOT – bear market bottom soon!Hello, everyone!
Today we are going to consider the altcoin which has already broken all possible support levels – it’s Polkadot.
Let’s take a look at the 1D time frame of the DOTUSDT chart of the WhiteBit exchange. First of all we have to notice that the price is forming the final wave 5 which is represented as the ending diagonal. I made this conclusion because we have the support and resistance trendlines which form the “falling wedge”.
The internal structure of the wave 5 is going to be the entire Elliott wave cycle the sub waves 1 and 2 have been already finished. Now we are in wave 3. It has the natural target 1.61 Fibonacci extension, approximately at $3.5. I am going to buy this asset there with the full position volume, considering it as the bear market bottom.
Best regards, Ivan