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DOTUSDT

DOT: analysis for buying bagsMy impression is that DOT will move further toward my 1st target although eventually it just follows BTC and when I say follows I mean literally mimic it with a magnified movement. This means that despite DOT showing signs of bearishness if BTC starts pumping it will pump along. On D1 I see many wicks on the bottom of the candles which means sells were absorbed but at the same time means that SL were triggered and people must have placed many orders below those wicks, orders which looks tasty to liquidity hunters. On weekly the impression is we'll have a "darth maul" candles thich is sign of indecision (due to BTC ranging) but to which very often follows a continuation. Here the chart: I personally would love DOT below 5 USDT but this will happen only if BTC allows it. If all of a sudden we see a candlestick over 5.63 with enough volume this bearish scenario is invalidated. This TA is just for long time frame investment, can give ideas for short terms trade but I think it's more useful in case you plan to buy since we're close to the bottom UNLESS I'm wrong and the bottom is in. Good luck
by Shotokhan
DOT/USDT 1DInterval Resistance and SupportHello everyone, I invite you to review the DOT chart on a one-day interval. At the beginning, we will mark with blue lines a downward triangle in which the price is currently moving. Now we will move on to mark the price support spots and we can see that the price has dropped below the strong support at 0.618 FIB and is now facing a very strong support at $5.02, if it goes lower then the next support is at $4.24 . Looking the other way, we can similarly determine the places of resistance that the price has to face. And here we see that first the price will have to break the resistance zone from $5.78 to $6.18, then the second resistance zone from $6.51 to $6.84, only after breaking above these two zones will we be further increases could be observed. The CHOP index indicates that there is energy for the next move, the MACD indicates the transition to an uptrend, while the RSI is at the lower limit, thanks to which we have room for the price to start rising.
by cryptodailyuk
🔥DOT IS AT STRONG SUPPORT: 2 TARGETS AFTER THE KEY LEVEL TEST🔥Hi, friends! DOT reach the strong support level and already make a false breakout which shows the price strength. 📊 TRADING PLAN FOR DOT: 1. the false breakout of the key level(already happened) 2. volume growth at the bottom 3. bullish BTC is a must-have for altcoins growth ✅ THE MAIN TARGETS FOR DOT: 🔥 $6.2-6.4 - the value area and strong resistance 🔥 $7 - the key level 💻Friends, press the "boost"🚀 button, write comments, and share with your friends - it will be the best THANK YOU. P.S. Personally, I open an entry if the price shows it according to my strategy. Always do your analysis before making a trade.
by Yuriy_Bishko
2
DOTUSDT.1DHello dear friends, *Mars Signals Team wishes you high profits* This is a one day time frame analysis for DOTUSDT.1D We are in the one day time frame. As you can see, the price is fluctuating towards the first static support line. We expect it to once again support the price and start moving towards the first resistance line. But if it penetrates and stabilizes below the first support line, we expect more fall. Warning: This is just a suggestion and we do not guarantee profits. We advise you to analyze the chart before opening any positions. Take care
by MarsSignals
5
Polkadot DOT. Maybe it's time to start growing, or not?)Dot's price was in the "group of leaders" that were the first to break out of the prolonged downward trend. However, "the winner music didn't last long", after a 2-month rise in the DOTUSDT price with a result of +90%, consolidation has been going on for the 3rd month. Roughly speaking, there is nowhere to fall below the price of the Polkadot token. The critical level from below is $4.83. If we model Elliot waves on the current trading situation on the DOTUSD chart, we can assume that wave (2) is close to completion. The next wave is an upward wave (3), with the most conservative targets for its growth ranging from $10-10.50 to $12.30. _____________________ Did you like our analysis? Leave a comment, like, and follow to get more
by P_S_trade
31
DOT/USDT 1D Interval ReviewHello everyone, let's look at the DOT to USDT chart on a one-day time frame. As you can see, the price is moving below the downtrend line. Let's start with the support line and as you can see the first support in the near future is $5, if the support is broken then the next support is $4.72, and then the third support at $4.50. Now let's move on to the resistance line, as you can see the first resistance is at $5.56, if it is broken then the next resistance will be at $5.83, the third at $6.05 and the fourth at $6.27. Looking at the CHOP indicator, we see that the energy is gathering strength, the MACD remains in a downward trend, while the RSI is moving at the lower limit, which affected the slowdown of the correction.
by cryptodailyuk
5
DOT Watchout for Resistance LvelDOT is near its Resistance level at $5.65. There is 2 Possible scenarios, Yellow and Red. Yellow: DOT created double top pattern and if $5.65 Resistance will be broken it can move to its next Resistance as a trend line + EMA 200 from where I am expecting a continuation of bullish trend. Red: Coin's price will keep moving inside the triangle until we eventually will see a break out. In both scenarios DOT has the next target at $7.3. Trade safely.
Long
by SecretIncome
Polkadot [DOT] to rebound from March lowPolkadot breached the previous support zone of $5.60 - $5.87 (cyan). But the drop eased at the March low of $5.15. The March low level is also a daily bullish order block (white) formed on 10 March. Both the RSI and CMF were negative. But CMF had an uptick - evidence of capital inflows. If the March low holds, DOT could rally to $6.05, a key resistance level in January and February. More ambitious targets are $6.6 and $7. A drop below $5.1 will invalidate the idea. Entry: $5.40 (above March low) Target: $6.05 (support-cum-resistance) Stop loss: $5.096 (below March low) RR: 2
Long
by AMBCrypto_TA
POLKADOT: Classic Accumulation, Rally Phase NextBINANCE:DOTUSDT Hi Traders, Investors and Speculators of the Charts 📈📉 Ev here. Been trading crypto since 2017 and later got into stocks. I have 3 board exams on financial markets and studied economics from a top tier university for a year. In today's analysis, POLKADOT presents a great buying opportunity with a low risk and high reward setup. Currently trading in accumulation phase of the Wyckoff Method market cycle phases, you may still get another chance to buy lower BUT expect the price to continue trading in the accumulation zone ranges (within the support zone and resistance one pointed out in the green box) . The timeframe of six months is significant because most market cycles / phases start to show signs of change after 6 months of a specific trend being observed as in this case, a bearish trend was observed for about 6 months. After successfully confirming a bottom on both the chart as well as on the Technical Indicator, flashing an oversold with the built in RSI, it seems that the most logical next phase is the upwards phase, however you might need some patience as to "when" this rally will happen. _______________________ 📢Follow us here on TradingView for daily updates and trade ideas on crypto , stocks and commodities 💎Hit like & Follow 👍 We thank you for your support ! CryptoCheck
Long
by CryptoCheck-
16
POLKADOT heloo dear traders Polkadot is known as a layer-0 metaprotocol because it underlies and describes a format for a network of layer 1 blockchains known as parachains (parallel chains). As a metaprotocol, Polkadot is also capable of autonomously and forklessly updating its own codebase via on-chain governance according to the will of its token holder community. Polkadot provides a foundation to support a decentralized web, controlled by its users, and to simplify the creation of new applications, institutions and services. The Polkadot protocol can connect public and private chains, permissionless networks, oracles and future technologies, allowing these independent blockchains to trustlessly share information and transactions through the Polkadot Relay Chain (explained further down). Polkadot’s native DOT token serves three clear purposes: staking for operations and security, facilitating network governance, and bonding tokens to connect parachains . good luck
Long
by mehdi_kb
DOT/USDT 1DInterval Resistance and SupportHello everyone, let's look at the DOT to USDT chart on a one-day time frame. As you can see, the price is moving below the downtrend line. Let's start with the support line and as you can see the first support in the near future is $ 5.30, if the support is broken then the next support is $ 4.83 and $ 4.24. Now let's go to the resistance line, as you can see the first resistance is $ 5.78, if you manage to break it, the next resistance will be $ 6.04, $ 6.26 and $ 6.48. Looking at the CHOP indicator, we see that there is still a lot of energy to continue the move, the MACD remains in a downtrend, while the RSI is approaching the lower end of the range, which may indicate the imminent end of the correction in the coming days.
by cryptodailyuk
DOTUSDT Elliott Waves AnalysisHello friends. Please support my work by clicking the LIKE button👍(If you liked). Also i will appreciate for ur activity. Thank you! Everything on the chart. (update) Nothing has changed, setup still alive. Entry: market and lower Targets: 8 - 9.5 - and maybe ~11.5(not sure) after first target reached move ur stop to breakeven Stop: ~4.3, agressive stop 5.1 (depending of ur risk). ALWAYS follow ur RM . RR: 1 to 4 risk is justified Good luck everyone! Follow me on TRADINGView, if you don't want to miss my next analysis or signals. It's not financial advice. Dont Forget, always make your own research before to trade my ideas! Open to any questions and suggestions.
Long
by trytofeelpositive
2
DOT/USDT 4HInterval Resistance and SupportHello everyone, let's look at the DOT to USDT chart on a one-day time frame. As you can see, the price is moving below the uptrend line. Let's start with the support line and as you can see the first support in the near future is $ 5.66, which currently held the price, if the support is broken then the next support is $ 5.33 and $ 4.85. Now let's move on to the resistance line, as you can see the first resistance is $ 6.04, if you manage to break it, the next resistance will be $ 6.31, $ 6.54 and $ 6.76. Looking at the CHOP indicator, we see that most of the energy has been used, the MACD indicates an ongoing downtrend, while the RSI has a visible rebound and we are approaching the lower limit, which may change the trend.
by cryptodailyuk