Bottom section below 9.262Hello?
Hello traders!
If you "Follow" us, you can always get new information quickly.
Please also click “Boost”.
Have a good day.
-------------------------------------
(DOTUSDT chart)
In fact, it can be said that it has entered the bottom section by falling below 9.262.
Accordingly, it can be said to be a coin (token) that does not correspond to the time of transaction.
(1M charts)
One silver lining is that the StochRSI indicator has been sloping.
Therefore, it is necessary to check whether it will not decline further and lead to sideways movement.
(1W chart)
It is falling below 4.876 and renewing a new low.
Accordingly, the key is whether the price can be maintained by rising above 4.234.
If not, we recommend stopping the transaction itself and observing the situation for a while.
I think it is difficult to say that maintaining the price by rising above 4.234 will result in an upward trend.
Therefore, you need to check what kind of support it receives in the 4.234-6.523 range.
(1D chart)
We are falling to an immeasurable point.
Therefore, it is better to wait and see if the price rebounds.
Therefore, when the StochRSI indicator breaks out of the oversold range, you need to check at which point or range it receives support or resistance.
If that happens, the HA-Low indicator is expected to decline.
At this time, the key is whether it can receive support from the HA-Low indicator and rise.
-------------------------------------------------- -------------------------------------------
** All explanations are for reference only and do not guarantee profit or loss in investment.
** Trading volume is displayed as a candle body based on 10EMA.
How to display (in order from darkest to darkest)
More than 3 times the trading volume of 10EMA > 2.5 times > 2.0 times > 1.25 times > Trading volume below 10EMA
** Even if you know other people’s know-how, it takes a considerable amount of time to make it your own.
** This chart was created using my know-how.
---------------------------------
DOTUSD
DOT - Rainy 24 Hours Ahead 🌧️ Bearish ScenarioCloudy and rainy trading conditions 🌧️ loom for the global crypto market in the next 24 hours, forecasting a bearish market with downside risk. Avalanche and Polkadot encounter extremely bearish conditions, hinting at an impending rebound.
Over a one-week horizon, the ☁️ cloudy trading conditions persist. However, Bitcoin, Cardano, and Chainlink glimpse a bit of bullish ☀️, suggesting a potential slight rebound.
Follow us for more crypto weather reports!
AVAX - Rain Ahead 🌧️; 24-Hour Bearish Trend Cloudy and rainy trading conditions 🌧️ loom for the global crypto market in the next 24 hours, forecasting a bearish market with downside risk. Avalanche and Polkadot encounter extremely bearish conditions, hinting at an impending rebound.
Over a one-week horizon, the ☁️ cloudy trading conditions persist. However, Bitcoin, Cardano, and Chainlink glimpse a bit of bullish ☀️, suggesting a potential slight rebound.
Follow us for more crypto weather reports!
DOTUSDT at weekly and monthly support confluenceThe price is trading at the confluence of weekly and monthly support. The upper side of this support range has already held the price twice in past and provided bounces. The first one was stronger than the second one. The second bounce slowly retraced and has come back into the support zone. I think this is the last line of a significant support at least for the pair on this chart. And I expect this support to hold and make the price reverse for significant move to the upside. The price still has the possibility to go a bit below and probably breach this support on intra weekly basis but it should not close below it. Overall, this one is looking good for the long side on high time frame but some smaller downside potential is still there and therefore slowly building a long position is desired and recommended.
POLKADOT - Lower Timeframe Overview ✅On the lower timeframe, we can see that we have 2 entry trendlines in place.
The orange trendline = Risk entry
The red trendline = Safe entry
We can even go down further to find a sniper trendline.
Trade Idea:
- watch for break of either trendline for entry
- once trendline broken, stop loss goes below price
- Targets: 6, 7, 8
Goodluck and as always, trade safe!
DOTUSD: want me some hotdotsI have wanted to accumulate some DOT for a while adding to my portfolio of layer 1 bags but for some reason other names have always been at a more attractive price point and Dot always seems to make a lower high. So, I have always backed out of buyin. Dot has bounced off of last low (didn't make a lower low by fraction of pennies) but most likely won't hold it. According to my Elliott wave count, now would be a good time got get some. If price falls into the rectangle box area, I will add 1 or 2% of my portfolio to Dot and stop loss will be at ATL, so pretty good risk/reward. If price starts to move upwards, then $5.7 lower high area will the spot to watch. I will get some at a higher price if there is a new uptrend. I like how this project enables defi but the current regulatory landscape might be working against it. At any rate, I think it is a good project and I want to hold some for long term.
DOT Outlook: Clouds ☁️ Hover Over Next 24 Hours, Downside RiskDOT could be in for a rocky ride over the next 24 hours, as ATTMO's AI-powered crypto forecasting tool projects cloudy skies ☁️ and a potential bearish trend.
Stay informed with ATTMO's real-time market predictions to navigate the ever-changing crypto landscape.