DOTUSD
DOT/USDT Downward wedge Secondary trend.Secondary trend. The price is near the dynamic support of the uptrend. A downtrend wedge has formed (secondary downtrend). Potential trend reversal zone in case of its breakthrough.
Important support/resistance zones, trend and formations shown on the chart. At the moment it is interesting to work, because of the intersection zone of the uptrend (green) and the downtrend (secondary).
Also there is a probability of breaking out stops before the reversal, as a rule, all put them under the trend line, it is important that the price does not stay under it for a long time.
DOT/USDT Main Trend. Wedge.
DOTUSDT Long SignalThis killer gem is long waiting and making up an upward continuation sooner. I am highly bullish on DOTUSDT and it will be matter of weeks before it explodes to the new highs.
My setup is as follows:
Entries: 5.35 - 5.75
Short Term: 5.92, 6.10, 6.24
Mid-Term: 6.45, 6.84, 7.10 , 7.58
Long Term: 9 - 29
Please be aware with your money!
DOTThinking bottom will be put in next month at the 786% fib retracement lvl. Mainly because the 618% appears to be getting flipped into resistance. Otherwise I could count the correction complete if not for this pesky 618% resistance level
flipping into resistance. Once that confirms I will get very ugly for DOT. Also the falling triangle wedge bottom TL lines up nicely with the next level down 786% mid Nov. That said an overthrow of the wedge to test $4 in Oct would still be a valid C wave count and then up we go.
Polkadot (DOT) - September 25Hello?
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(DOTUSDT 1W Chart)
The key is whether you can climb to the 11.72-14.93 section.
To do that, we need to see if it can rise above 7.16.
(1D chart)
If it fails to rise above the downtrend line (1), it is expected to decline towards the 4.16-5.11 section.
The 11.72-14.93 section is a trend-determining section and is a strong support and resistance section.
Therefore, as we get closer to the 11.72-14.93 range, psychologically, if we don't buy now, we will continue to feel like we are about to surge.
Therefore, you should buy after confirming that it is supported by rising to the 11.72-14.93 section.
Otherwise, you will most likely make the mistake of buying at the high.
The final section where you can buy is possible when you see support in the 7.16-7.74 section.
If you buy in this range, in the short term, you can take profit when you find resistance in the 9.26-10.13 range.
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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.
** Background color of Long/Short-S indicator: RSI oversold and overbought sections
** Background color of CCI-C indicator: When the short-term CCI line is below -100 and above +100, oversold and overbought sections are displayed.
** The OBV indicator was re-created by applying a formula to the DepthHouse Trading indicator, an indicator disclosed by oh92. (Thanks for this.)
(Short-term Stop Loss can be said to be a point where profit and loss can be preserved or additional entry can be made through split trading. It is a short-term investment perspective.)
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Polkadot (DOT) - September 13Hello?
Welcome, traders.
By "following", you can always get new information quickly.
Please also click "Like".
Have a good day.
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(DOTUSDT 1W Chart)
A volume profile section is formed over the section 9.26-10.13.
The key is whether we can break through this section and move up to the 11.72-14.93 section.
(1D chart)
1st resistance: 9.26-10.13
2nd resistance: 11.72
Support: 7.16-7.74
It is necessary to check whether it can be supported and climbed in the 7.16-7.74 section.
If it doesn't, it could drop near 5.11, so be careful.
The 11.72-14.93 section is a trend-determining section and is an important support and resistance section.
Therefore, it is expected that the upward trend will continue only when it is supported and ascended in the 11.72-14.93 section.
The closer you get to the 11.72-14.93 section, the more you will feel like going up.
At this time, if you buy before the 11.72-14.93 rise or buy without confirming the support in the 11.72-14.93 range, you may end up buying at the high point, so you need to be careful.
------------------------------------------------------------ -----------------------------------------------------
** All descriptions are for reference only and do not guarantee a profit or loss in investment.
** The MRHAB-T indicator, which is inactive on the chart, contains indicators that indicate support and resistance points.
** Background color of Long/Short-S indicator: RSI oversold and overbought sections
** Background color of CCI-C indicator: When the short-term CCI line is below -100 and above +100, oversold and overbought sections are displayed.
** The OBV indicator was re-created by applying a formula to the DepthHouse Trading indicator, an indicator disclosed by oh92. (Thanks for this.)
(Short-term Stop Loss can be said to be a point where profit and loss can be preserved or additional entry can be made through split trading. It is a short-term investment perspective.)
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Polkadot DOT: Not Looking GoodHello friends, today you can review the technical analysis idea on a 1D linear scale chart for Polkadot (DOTUSD).
The chart is self-explanatory. With the crypto market going through a correction, Polkadot may still have downside to go. See where I believe there may be strong support and possible bottom.
Included in the chart: Trend line, Support and Resistance Line, VPVR, Ichimoku Cloud, RSI, MFI and Volume.
If you enjoy my ideas, feel free to like it and drop in a comment. I love reading your comments below. More ideas below!
Disclosure: This is just my opinion and not any type of financial advice. I enjoy charting and discussing technical analysis. Don't trade based on my advice. Do your own research! #cryptopickk
Polkadot: Pushing for $8.8 according to this pattern.Hello all, and thanks for supporting my channel.
Looking at DOTUSD on the daily timeframe, we see a formation of a falling wedge pattern which has a bullish price target at $8.90. This price also corresponds with the 78% fibonacci retracement level and is also the top of the weekly candle formation.
On the daily timeframe we are also trading inside the ascending channel which has support level sitting at $7 and resistance level at $10. For this channel, the Fixed Range Volume Profile provides a point of control at around $7.85 which is also the 50% Fibonacci retracement level.
On the 4hr timeframe, DOT broke bullish out of the $7.50 price, and is currently retesting this price for support.
As such, if the price of DOT can clear the $8 mark, we can retest the top of the channel at $10. This is approximately 30% move to the upside from the current point.
Thanks for reading, and stay tuned. Enjoy.
Polkadot (DOT) - August 31Hello?
Welcome, traders.
By "following", you can always get new information quickly.
Please also click "Like".
Have a good day.
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(DOTUSDT 1W Chart)
Whether or not it can move higher than 11.72 is crucial.
(1D chart)
The key is whether it can be supported by rising to the 7.16-7.74 section.
If it falls below 6.85, it could fall near 5.11, so you need to be careful.
------------------------------------------------------------ -------------------------------------------
** All descriptions are for reference only and do not guarantee a profit or loss in investment.
** The MRHAB-T indicator, which is inactive on the chart, contains indicators that indicate support and resistance points.
** Background color of Long/Short-S indicator: RSI oversold and overbought sections
** Background color of CCI-C indicator: When the short-term CCI line is below -100 and above +100, oversold and overbought sections are displayed.
** The OBV indicator was re-created by applying a formula to the DepthHouse Trading indicator, an indicator disclosed by oh92. (Thanks for this.)
(Short-term Stop Loss can be said to be a point where profit and loss can be preserved or additional entry can be made through split trading. It is a short-term investment perspective.)
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Next Cycle for DOT Would Take Us This High...Hit follow to stay updated and the Like button if you find this useful.
This one's real simple. Consolidate on previous 3rd wave top and blast off to 100$, If we fall back into the range then likely an A wave of an ABC in red and the previous 5 wave cycle is correcting itself.
I'm leaning bullish on this one. We have had upwards of 30+ dollars tagged for the first cycle in the discord since December. We've had this pegged since 3-5$ and has been a huge gainer thus far.
If you don't have some DOT then here's the next area I'd be looking to consolidate at to pick some up for the next cycle.
Thanks for following and liking. Stay tuned for updates.