DOTUSD
Polkadot (DOT) - Structure and TargetsA study in DOT, identifying a Fibonacci Channel containing the price action, a Pitch Fan providing lines of support and resistance, and an Elliot Wave apparently working its way towards a wave 5 climax.
What are your target levels for DOT and when will they hit?
THOT Dot Dot Dot Chart by CryptoKneeThe last chart was wrong about the omlu but pretty dang close to catching the pivot point. It broke a yuge resistance area, now it just has to come down and find some support and flip it. Have a bear and bull count on here, not saying the Wave 3 is done yet, the more PA pumps the better, more proportionate, it would look. Holding 38.50 would be pretty huge because a break below could turn it back into resistance pretty quick, I reckon. Either Bull or Bear could potential play off that level if it continues to show a reaction to the area. MO.
DOTUSDT - another short-term try of breaking out!BYBIT:DOTUSDT
1H trend chart
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$42.38 is the closure of previous candle and broke out the short-term downtrend line
It's a nice timing for entry.
Trading strategy as below
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Profit Targets:
a) 44.81----Fib(1)
b) 46.21~46.77----Fib(1.272~1.382)
Stop losses:
a) 41.2----Red horizontal ray
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Polkadot (DOT) - October 17Hello?
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(DOTUSD 1W Chart) - Mid-Long-Term Perspective
Above the 10.16 point: expect the uptrend to continue
16.15-20.27 or more: Expected to create a new wave.
(1D chart)
A volume profile section is formed over the section 10.16-23.03.
Accordingly, if the price is maintained above this range, it is expected to create a new wave.
Also, if the price is maintained above the support and resistance zone formed over the 29.85-38.69 zone, the uptrend is expected to accelerate and record a new high.
If it falls from the 29.85 point, a short-term Stop Loss is required.
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We recommend that you trade with your average unit price.
This is because, if the price is below your average unit price, whether it is in an uptrend or in a downtrend, there is a high possibility that you will not be able to get a big profit due to the psychological burden.
The center of all trading starts with the average unit price at which you start trading.
If you ignore this, you may be trading in the wrong direction.
Therefore, it is important to find a way to lower the average unit price and adjust the proportion of the investment, ultimately allowing the funds corresponding to the profits to regenerate themselves.
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** All indicators are lagging indicators.
Therefore, it is important to be aware that the indicator moves accordingly as price and volume move.
However, for the sake of convenience, we are talking in reverse for the interpretation of the indicator.
** The MRHAB-O and MRHAB-B indicators used in the chart are indicators of our channel that have not been released yet.
(Since it is not publicly available, you can use this chart without any restrictions by sharing this chart and copying and pasting the indicators.)
** The wRSI_SR indicator is an indicator created by adding settings and options to the existing Stochastic RSI indicator.
Therefore, the interpretation is the same as the traditional Stochastic RSI indicator. (K, D line -> R, S line)
** The OBV indicator was re-created by applying a formula to the DepthHouse Trading indicator, an indicator disclosed by oh92. (Thanks for this.)
** Support or resistance is based on the closing price of the 1D chart.
** All descriptions are for reference only and do not guarantee a profit or loss in investment.
(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.)
Dot inverse head and shoulder weeklyWeekly time frame is a clear inverse head and shoulder, as you can see we currently breaking the neckline of the resistance.
We should find support around the 45$
And if is it play out, the target will be around 69$
DOTUSDT - Good timing for entry!BYBIT:DOTUSDT
1H trend chart
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$41.995 is a nice timing because confirmation of breaking out the downtrend line
Also, potential double bottom is forming, so I regard it as a great time for entry.
Trading strategy as below
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Profit Targets:
a) 43.240----Fib(1)
b) 46.275~47.505----Fib(1.272~1.382)
c) 50.135----Fib(2)
Stop losses:
a) 39.500----Red horizontal ray
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If you like this analysis, give it a like and leave a comment below to share your perspective
or let me know what crypto you want to see!
Trading is a reflection of yourself. Learn more daily and be ready for every opportunity.
Have a nice trading!
DOT Bullish potentialDOT broke the 38.5$ / 40$ resistance with volume, MACD Wk and MACD Daily are looking good.
Anything between current price and 38.50$ should be seen as buying opportunity to target 50$ region.
On the other hand, if we break back down the EMA4 and the zone we could see a retracement down to 32$.
My Bias would be to go long on this coin as long as 38.5$ is not broken in daily.
dot go creazy or not!!!dot is a valuable project
if we look at the market it is so much under value..
yesterday it woke up and had a 20 percent move up . if the move continue it can get another leg up and reach its all time high.
now it formed a triangel and can have break up to golden pocket or much highr prices
DOT/USD - ATH approach imminent! Massive PUMP!DOT has awaken! 20% pump in less than a few hours... holy...
There is something brewing in the market when alts start to pump double digits.
Chart is extremely bullish, hence we will likely not take a break until we hit our ATH level which is also a key resistance.
Indicators are bullish. Looking good so far!
Like and follow if you liked this idea.
Very critical line for DOT25.5-27 is very critical line in daily and 4h charts.
I think in 2-3 days it will be clear wheret it will go up to 34 USD or go down to 18-20 usd
MACD indicator shows us a hope. Last time when MACD was the same it was end of March and DOT rised that time
NOT FINANCIAL ADVISE