DOTUSDT Short-term trading strategyBYBIT:DOTUSDT
4H trend chart
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We could see an obvious uptrend line keeps supporting the price
After price hit Fib(0.382), it rallied back to Fib(0.618) and also broke the downtrend line up.
Currently, downtrend line is broken out, and if price could still take out this line and stand firm after this 4H candlestick done
Our short-term trading strategy as below
*Although they are bullish signals, we shall consider the falling market statement.
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Profit Targets:
a) 37.460----Fib(1)
b) 39.725~40.640----Fib(1.272~1.382)
Stop losses:
a) 32.310----Red horizontal ray
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DOTUSD
Polkadot analysis in 4H time frame* Polkadot is moving within a range between it's resistance around $38 and it's major support near $26.
* The below ascending trend-line is working as support for the price. In order to continue the uptrend DOT needs to break the above resistance.
* If the price breaks the below trend-line the price will drop till it's support zone.
DOTUSD Target Price 38.769DOTUSD. Candlestick wick protrudes through EMA 10, EMA 20, and 50% Fibonacci Retracement Level.
DOTUSDt, POLKADOT USDT trade will be up after correction DOTUSDT trade bounced back from 38% Fib level which trigger point to enter in DOT coin and moved $37. I will prefer to enter DOTUSDT @ 26 level again and again to wait for 3X target. If trade crosses yellow supply zone area then trade can bounce from supply zone area which is between $27-$20 level back towards 127% fib level. In both situation target and direction will be same.
₿ DOTUSDT 1D ₿ : 11.Oct.2021 (Update)Well, as we can see, the price has met its very important resistance and has shown a strong reaction to it, which expects us to make a short correction ... if the price doesn't lose it's 34$ range Support , it can ataack one more time to it's resistance and try to defeat it with more force this time ... let's see what would be happen ...
⚠️ This Analysis will be updated ...
👤 Arman Shaban : @Ar_M_An_4
📅 11.Oct.2021
⚠️(DYOR)
DOTUSDT , Are you ready for 2nd Target ???Hello everybody
According to our previous analysis about DOT , We shown on chart a buy zone area that 2 times came in and there is a opportunities for buying and wait until reach our Target .
As seen on chart our first Tp was reached and now we are ready for 2nd one and after we break minor resistance that shown on chart we can go and reach to the 2nd target .
Dont forget that Dot is one of the amazing project in crypto
Dont forget stop loss and money management
Being with us , follow us and share us
Previous analysis
Good Luck
Abtin
DOTUSDT , Where we are ?Hello guys
According to the chart that shown it , we are in up trend ( bullish trend ) but at this time we need Pullback to buy some dot or take long position for futures trader
We have a main zone that shown it on chart with yellow color and we shown a zone with pink color ( this pink zone its important area for the price if the price can close candle below than the pink area , the up trend can change the trend to down trend )
we think we can pull back to the red area and this is the attractive zone for buying some DOT :D
Dot is amazing and one of the Wonderful project in crypto for solving many things , we can say fundamental of project is powerful and because of that we can take more price over 100$
Dont forget Stop loss in any trading
if anyone have any question , send me messages and Ask :D :D :D :D
Good Luck
Abtin