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.
DOTUSD
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.
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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.
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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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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📝
✅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.🚀
----------------------------------------------------------------------------
Remember, there is no place for luck in trading - only strategy!
Thanks for the likes and comments.
DOTUSDT | Wave Projection | Triple Bullish Divergence DragonPrice action and chart pattern trading
> Anticipating a breakout of dragon ridge or descending triangle breakout downtrend DRAGON ABC wave pattern with current Intermediate C-wave in zigzag formation
> Target @ possible making a minor 4-wave uptrend correction retracing 0.0382-0.5 previous 3-wave +50% - +70%
> Stoploss @ the lowest position of the -25 - 30% to the bottom forming the 1st claw of the dragon, relatively closed to the target of dragon main head & shoulders.
> Entry @ 1st Inverse Claw breakout
> RRR: 2.5:1
Indicator: MACD triple bullish divergence & RSI double divergence
Always trade with affordable risk and respect your stoploss
Polkadot (DOT) - August 7hello?
Welcome, traders.
If you "follow", you can always get new information quickly.
Please also click "Like".
Have a good day.
-------------------------------------
(DOTUSDT 1M Chart)
The key is whether it can be supported by rising to the 11.72-14.93 section.
(1W chart)
In order to rise to the 11.72-14.93 range, the key is whether the price can be maintained above the 7.16-7.74 range.
(1D chart)
Primary resistance: 9.75
Secondary resistance: 11.03-11.72
Support: 6.89-7.74
A drop near 9.75 is likely to create a pull back pattern.
At this time, you need to check if it is supported in the 6.89-7.74 section.
The 11.72-14.93 interval is the interval that determines the trend.
Therefore, if it rises to 11.72-14.93 without being supported and falls, it is necessary to stop loss to secure cash.
Therefore, when it falls below 11.03 and receives resistance, it must be Stop Loss.
If you look at the overall chart, you can see that the current price position is at a fairly low price point.
It is good to get short-term profits by investing in coins or tokens in this price range, but I think it is better to increase the number of coins (tokens) from a mid- to long-term point of view.
To do this, it is necessary to check which ecosystem the coin (token) you want to invest in belongs to and is expanding.
This is because I do not think it is good to invest only with the roadmap or future-oriented plan (?) pursued by the coin (token) in a situation that is being combined with the actual business aspect.
The time has come to examine whether the coin ecosystem of the coin (token) you want to invest in is expanding and whether it is useful in actual business.
This is because the era in which themes such as DeFi, NFT, and P2E are created, interest is received using deposit services, and value can be traded through games has begun.
Investing in active coins (tokens) rather than investing in inactive coins (tokens) will give you the strength to survive in the uncertain coin market.
------------------------------------------------------------ -------------------------------------------
** 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 through split trading. It is a short-term investment perspective.)
---------------------------------
Polkadot: 77% rally incoming.Hello all. Looking at DOTUSD on the daily chart, we see the price of polkadot inside a rising channel, and currently sitting at a point of resistance at the current $8.75 price level.
While the support of this channel is at $7.14 which is a 20% lower price, the next biggest resistance sits at $15 which is a potential 77% gain.
If the price breaks the current resistance and hits the fib golden pocket at $9 .50 I will expect a rally all the way up to $15.
Retest levels to keep an eye on: 51 Day EMA, Support of the channel at $7.14, 100% fib level at $11.9.
Thanks for reading, and stay tuned. Enjoy.
DOTUSD ❕ held above the rangePolkadot consolidated above the range.
Price entered the bullish RSI zone on the 4H Timeframe.
I think the asset is slightly overbought, so I see an entry point above the resistance level, which the DOT recently broke through. After that, I think the asset will continue to rise.