DOTUSD
Important minor support!DOT continued its downward trend during the last week. But by accurately hitting the bottom of its medium-term descending channel, the price increased just like the Cardano chart. But this increase in price has not shown high power from the buyer. Considering that the price is completely in a downward trend until the resistance of the $6 range becomes support, these reversals can be considered a corrective wave. But on the one hand, because a downward trend line within the channel has been broken upwards, and the last downward wave was a pullback to this trend line, if the short-term market conditions are maintained, the possibility of forming a double bottom pattern for There is a medium-term uptrend.
But its confirmation requires breaking the $6 resistance. Also, breaking the $6 resistance can make the 4-hour trend upward. At the time of writing this analysis, the biggest time frame in which the upward trend can be seen is the 1-hour time frame. As long as the minor support level of $5.25-$5.20 is not broken, this short-term uptrend can continue toward the $6 target.
Polkadot (DOT) - November 23Hello?
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(DOTBTC 1W chart)
The price needs to stay above 0.0003 517 to gain strength.
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(DOTUSDT 1W Chart)
Whether it can rise above 11.72 is the key.
To do so, we need to see if we can keep the price above 7.16.
(1D chart)
It is a matter of getting support in the 4.16-5.11 section or higher and being able to rise to the 5.67-6.60 section.
In particular, we need to see if we can break out of the downtrend channel.
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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/USDT 1DAY UPDATE Hello, welcome to this DOT/USDT 1DAY 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/USD was down by as much as 5% in today’s session, falling to a low of $5.72.
Today’s drop saw the token move closer to its support level at $5.60, which has mostly been in place for the last week.
Looking at the chart, the RSI also dropped to a floor of its own, with the index colliding with its support at 41.00.
Should the index move below this point, we will likely see Polkadot move toward $5.30, which would be a two-year low.
Traders will likely also be paying attention to the moving averages, as the indicator still looks positioned for further downward momentum.
This is not a piece of financial advice.
Hit the like button if you like it and share your charts in the comments section.
Thank you
DOTUSD Can't stop this death spiral unless the 1D MA200 breaks.Polkadot (DOTUSD) has been trading within a Channel Down pattern since the November 08 2021 High. Our previous DOT analysis was on July 16, which hit its target with the help of that pattern:
In early November the price broke above it marginally but as it failed to cross the 1D MA200 (orange trend-line), the 1D RSI formed a top (red circle) and caused the price to drop. As you see, this pattern is consistent with both previous Lower Highs, a 1D RSI on these levels forms a top and causes the price to drop aggressively.
This 'Death spiral' can only stop with a break above the 1D MA200, which is the Resistance since January 05. Until then, we can expect DOT to make a new Lower Low either on the 0.786 Fib around 5.00 or even lower on the 0.618 Fib (4.50 - 4.00) before the end of the year.
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You have to wait until the price stabilizes on the levels!DOT had a sharp downtrend over the past week. The price of this currency registered a sharp decline after failing to stabilize above the resistance range of $6.6-6.8, and the selling pressure broke the support of the $5.7-6 range. This bearish trend could continue if Bitcoin breaks back below the $16,000 range, taking the price down to key support in the $4.5-$5.14 area.
Selling pressure and sellers' strength is still high, and this can be seen from the upper angle of the descending wave with the horizontal axis. To see the signs of reduction and removal of selling pressure, we can consider the positive divergence of the RSI indicator, the volume divergence, and a complete pullback to the downward trend line. With a higher probability in the channel range of $4, there is a possibility of a complete price reversal and trend change. Therefore, you should wait until the price stabilizes at the specified levels.
Polkadot DOT price has nowhere to fall below. It's time for longIt's been a while since we did a DOTUSDT idea, then it's time to refresh our thoughts.
As you can see from the chart, the DOT price is clearly moving from one liquidity level to another, we have marked them nicely on the chart.
So, we assume that the price of the Polkadot token will consolidate a little more, buyers will gain strength and break up from the falling channel.
Therefore, we make an assumption for ourselves about the possible movement of the DOTUSD price
Long to $6.60 - correction - long to $7.90 - correction - long to $9.50-10
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Polkadot - I'm Interested..Polkadot is one I am eyeing closely for the next bullrun - with everything going on with Solana who knows what develops over the coming months/year.
I have my bids below if we get there, but clearly short-term resistances above and a key s/r level we're trading below as of now.
Daily candle closes in a couple hours and I think that will be telling of where it heads in the coming weeks.
Let me know your thoughts in the comments!
Cheers
Trading opportunity for long position DOTUSDTBased on technical factors there is a Long position in :
📊 DOTUSDT - Polkadot
🔵 Long Now 7.06
🧯 Stop loss 6.65
🏹 Target 1 7.70
🏹 Target 2 8.70
🏹 Target 3 10.00
💸RISK : 1%
We hope it is profitable for you ❤️
Please support our activity with your likes👍 and comments📝
DOT/USDT - LONG 12H TF----- Welcome, dear followers! -----
- Here is my trading methodology. I trade with a normal system and analysis of resistance and support, as well as price reversal patterns.
- For the record, I do not place a stop loss within my trades. So that I only risk 1.5% of my total capital in order to support the loss due to a price reversal against me.
- If a price reversed against my expectation and touched the drawn line r3, then I transferred targets to the entry point and waited for the price to close at it with a loss equal to almost zero.
- Today's deal is shown in the chart, and here are the entry and exit points below.
-- Support me with numbers and follow up on my account for other deals in the future. Thank you for coming to this part. --
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⚡️⚡️ #DOT/USDT ⚡️⚡️
Client: My-Binance Futures
Trade Type: Breakout (Long)
Leverage: Cross (2X)
Entry Targets:
1) 6.9 - 100.0%
Take-Profit Targets:
1) 7.468 - 25.0%
2) 7.968 - 25.0%
3) 8.573 - 25.0%
4) 9.653 - 25.0%
Trailing Configuration:
Entry: Percentage (0.5%)
Take-Profit: Percentage (0.5%)
Stop: Breakeven -
Trigger: Target (1)
DOTUSDT - Buy setup!!DOTUSDT (1D Chart) Technical analysis
DOTUSDT (1D Chart) Currently trading at $6.4
Buy level: Above $6.32
Stop loss: Below $5.5
TP1:$6.84
TP2: $7.48
TP3: $8.1
TP4: $9.5
Max Leverage 3x
Always keep Stop loss
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Polkadot - Entered a LongJust entered a long on DOT.
- clear invalidation/risk (2.25%)
- clear targets above
- dotted line is where this could SFP, if that happens I may manually close
- plan to move stops up to break-even if I can
If this breaks down, it's pretty bearish so I have conviction knowing that I'm fine being wrong if the overall trend is still down, but if this continues higher it has potential
Lets go.
V
Polkadot (DOT) - November 1Hello?
Welcome, traders.
By "following", you can always get new information quickly.
Please also click "Boost".
Have a good day.
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(DOTUSDT 1W Chart)
It is important to be able to rise above the 11.72-14.93 section.
To do that, we need to see if we can sustain the price above 7.74.
(1D chart)
The key is whether it can be supported in the 6.28-6.60 section or higher.
If not, you need to make sure it is supported at 5.96 or higher.
If support is found above 6.60, it is expected to lead to an attempt to move above 7.16.
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** All descriptions are for reference only and do not guarantee a profit or loss in investment.
** If you share this chart, you can use the indicators normally.
** The MRHAB-T indicator contains indicators that indicate support and resistance points.
** HA SRRC indicators are expressed as StochRSI(line), RSI(columns), CCI(bgcolor).
** CCI indicator is expressed as overbought range (CCI > +100) and oversold range (CCI < -100).
(Short-term Stop Loss can be said to be a point where profit and loss can be preserved or additional entry through split trading. It is a short-term investment perspective.)
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