short trem#Analysis of DOT time 4h After the price fell below its daily time comparison, it may take some time, but we can wait for the trigger. Do you have an opinion on the buy position?
DOTUSD
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 $10. This is approximately 30% move to the upside from the current point.
Thanks for reading, and stay tuned. Enjoy.
DOTUSD ❕ local correctionPolkadot forms a local ascending structure, but growth in trading volume is not visible yet, and the price has approached a strong resistance level.
RSI is in the overbought zone (1H TF)
I think that if the DOT holds under the resistance, we can expect a small correction.
Polkadot (DOT) - August 31Hello?
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(DOTUSDT 1W Chart)
Whether or not it can move higher than 11.72 is crucial.
(1D chart)
The key is whether it can be supported by rising to the 7.16-7.74 section.
If it falls below 6.85, it could fall near 5.11, so you need to be careful.
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** All descriptions are for reference only and do not guarantee a profit or loss in investment.
** The MRHAB-T indicator, which is inactive on the chart, contains indicators that indicate support and resistance points.
** Background color of Long/Short-S indicator: RSI oversold and overbought sections
** Background color of CCI-C indicator: When the short-term CCI line is below -100 and above +100, oversold and overbought sections are displayed.
** The OBV indicator was re-created by applying a formula to the DepthHouse Trading indicator, an indicator disclosed by oh92. (Thanks for this.)
(Short-term Stop Loss can be said to be a point where profit and loss can be preserved or additional entry can be made through split trading. It is a short-term investment perspective.)
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DOT Wyckoff accumulationDOT may be into an Wyckoff accumulation phase and will start to go up.
It needs to break last resistance, retest and go! Good luck!
Next Cycle for DOT Would Take Us This High...Hit follow to stay updated and the Like button if you find this useful.
This one's real simple. Consolidate on previous 3rd wave top and blast off to 100$, 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.
DOTUSDT - Double Bottom!DOTUSDT (1h Chart) Technical analysis
DOTUSDT (1h Chart) Currently trading at $7.55
Buy level: Above $7.53
Stop loss: Below $7
Target 1: $7.75
Target 2: $8.25
Target 3: $8.6
Target 4: $9
Max Leverage 3x
Always keep Stop loss
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✅TS ❕ DOTUSD: vertex✅✅DOT formed a vertex and headed down. The price is updated minimums. I expect the fall to continue.✅
🚀 SELL scenario: short to 6.5.🚀
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Remember, there is no place for luck in trading - only strategy!
Thanks for the likes and comments.
Polkadot (DOT) - August 18hello?
Welcome, traders.
If you "follow", you can always get new information quickly.
Please also click "Like".
Have a good day.
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(DOTUSDT 1W Chart)
The key is to keep the price above 7.16 and move above 11.72.
(1D chart)
Resistance: 11.72
Support: 6.89-7.74
To rise above 9.75, it must be supported and climbed at or above 6.89-7.74.
If not, you should be cautious as this could lead to further declines.
- As the RSI indicator declines in the overbought zone,
- The Stoch RSI indicator has entered the oversold zone.
Therefore, if the volume does not decline as the volume increases, it is expected to create a pull back pattern and rise.
------------------------------------------------------------ -------------------------------------------
** 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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DOTUSD - Falling Wedge Falling Wedge leading to a strong pattern break out
Below is an example of a similar Falling Wedge however on a different coin (NEO)
Polkadot DOT Entry Range, Take Profit and Stop LossDOT/USDT
Entry Range: $8.77 - 10.13
Price Target 1: $11
Price Target 2: $14.35
Price Target 3: $15.28
Stop Loss: $7.27
GLMRusdtaccumulation appears semi complete
obv breaking upwards and price hasnt moved
polkadot coins are kinda bullish rn with the btc being introduced to dot eco narrative :)
this ones not evm compatible though and ive never used the network just people were crazy bullish on it when it launched initially (always the way lol)
might be due for longer accumulation phase but doesnt look like itll go much lower unless nuclear scare
Trading opportunity on DOTUSDT PolkadotBased on technical factors there is a Long position in :
📊 DOTUSDT Polkadot
🔵 Long Now 9.35
🧯 Stop loss 8.20
🏹 Target 1 10.10
🏹 Target 2 11.50
🏹 Target 3 13.00
💸Capital : 1%
We hope it is profitable for you ❤️
Please support our activity with your likes👍 and comments📝
PolkadotSemi strong looking here
Obv way stronger than current pa
Sign of things to come?
Risk on looking like relief and potential continuation back to old supply zone
Cpi data was decent (better than previous)
DOT/USDT Pennant Flag 4hrIf we see DOT breaks the pennant flag with a confirmation, we could see a pump further to $10
✅TS ❕ DOTUSD: formed a peak✅✅DOT has formed a peak. The price turned down. I expect a drop to the support level.✅
🚀 SELL scenario: short to 8.21.🚀
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Remember, there is no place for luck in trading - only strategy!
Thanks for the likes and comments.
DotClose 50% of position in r\r2 and 50% in r\r7.You can close 50% of this with dow. When last pivot breaks.
Dot I suggest you close 50% of your positions on r\r2 and you can close 50% of your position on r\r5 or other TR target
Bears like Dot? Polkadot analysisIf open position after break SR lines you can set your target distance of TR or before of next line and you can set your stoploss under or over break candle but don't forgot a good break should don't have divergence and more than 50% break candle should influence.
