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DOTUSDT

$DOT/Broadening Wedge In the Money Zone (PENDING)$DOT has formed a nice broadening wedge at the 886 range from the last swing high to swing row and is now trying to establish/validate a new local higher low above $6.76 at the $7 range. The MACD and RSI has printed hidden bullish divergence on both oscillator's indicating that momentum is started to build back up to possibly break through the top of the wedge and have a nice run... We were due for a pullback after the last few weeks being manly green candles.. Overall, this is healthy price action and I don't think anyone should be panicking, as this is just traditional price action after a good few weeks for crypto...We also got some good news from the ETH merge. Cheers **DISCLAIMER, THIS IS NOT AN ACTIVE TRADE ATM, I AM JUST FOLLOWING THE STANDARDS OF TRADITIONAL TECHNICAL ANALYSIS. ANYTHING CAN HAPPEN**
BINANCE:DOTUSDLong
by BShellhammer
1
Polkadot (DOT) - September 13Hello? Welcome, traders. By "following", you can always get new information quickly. Please also click "Like". Have a good day. ------------------------------------- (DOTUSDT 1W Chart) A volume profile section is formed over the section 9.26-10.13. The key is whether we can break through this section and move up to the 11.72-14.93 section. (1D chart) 1st resistance: 9.26-10.13 2nd resistance: 11.72 Support: 7.16-7.74 It is necessary to check whether it can be supported and climbed in the 7.16-7.74 section. If it doesn't, it could drop near 5.11, so be careful. The 11.72-14.93 section is a trend-determining section and is an important support and resistance section. Therefore, it is expected that the upward trend will continue only when it is supported and ascended in the 11.72-14.93 section. The closer you get to the 11.72-14.93 section, the more you will feel like going up. At this time, if you buy before the 11.72-14.93 rise or buy without confirming the support in the 11.72-14.93 range, you may end up buying at the high point, so you need to be careful. ------------------------------------------------------------ ----------------------------------------------------- ** 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.) ---------------------------------
by readCrypto
1
BTC/USDT : Daily : TA : 2022-09-12The downward trend line drawn since 10 months ago is still strong. According to the fundamental news and the contractionary policies and the strength seen in the bearish candlesticks, the bearish trend line is broken in any direction and will probably advance as much as the height of the triangle. I think the correction is equal to the height of the triangle because the triangle is broken down and now the pullback is completed and we will continue the correction. Monday, September 12, 2022
by rainkian
2
DOTUSDT(H4) DOT has completed its main wave 4 and is currently on the downtrend of the main wave 5. that we are moving forward step by step with this wave. First, we went up to the price range of 6.8, which completed micro-wave 1 and then corrected to the range of 0.23 Fibonacci degrees. In the second step, this cryptocurrency should move up to the price of $6.3, which is the support level, and after breaking the support level of $6.3, it can correct the price to lower prices. The next steps will be updated in next week's analysis.
by Aliirezaeii
DOT / USDT 4H CHART - Targets and Stoploss!Hello everyone, let's take a look at the 4H DOT to USDT chart as you can see the price is moving above the local uptrend line. Let's start by setting goals for the near future that we can consider: T1 = $ 7.86 T2 = $ 8.02 T3 = $ 8.16 T4 = $ 8.31 and T5 = $ 8.51 Now let's move on to the stop loss in case of further market declines: SL1 = $ 7.71 SL2 = $ 7.58 SL3 = $ 7.47 SL4 = $ 7.34 and SSL5 = $ 7.19 Looking at the CHOP indicator, we can see that in the 4H range the energy slowly starts to rise, while the MACD indicator shows a local downward trend.
by cryptodailyuk
1
Dot Trend Depending on the Bitcoin movement, as in other sub-coins, seems to have completed a harmonic pattern and consolidated in the monthly period. When we look at the supply zones, I can say that when the upward trend starts in the monthly period, the first sales reaction is expected at $ 13 levels. When there is a pullback and a downward breakout, when we measure the fibonacci channel as a guide, $6 is seen as major support. I think a harmonic pattern is formed in the weekly period. This can be in a fractal pattern. There is also the possibility that the main pattern is a fractal that forms the A leg. In this case, fibonacci 1.13 and 1.618 are the levels we should pay attention to. Even if you do not understand technical analysis, be sure to consider the previous accumulation regions in your investments. Because what we call support or resistance are actually commercial psychological reactions that correspond to these supply zones. Then, respectively, the 2.618 and 3.618 fibonacci levels of the harmonic pattern in question again correspond to the supply zones of the past periods. When we look at the indicator data, I think that the cmf gives an angular negative signal. This could mean that there may be a pullback in prices. When we examine it through Aroon, I believe that there are undecided buyers and sellers. I see that there is no competition between the buyer and the seller. Aroon Up and Down are moving at a downward angle. Although Adx shows that the downtrend is weakening, I don't think there is a signal that a new trend has started yet or that the downtrend is over... In the daily period, if I am not mistaken, we see the Head and shoulders formation. According to this pattern, if there is a pullback in prices, it may suggest that the price will fall to 5.70. You should also consider this possibility as the price level it points to is also compatible with the previous supply zone. Note: this is not investment advice.
by CryptoBrainn
#Polkadot is Free Falling, DOT May Collapse to $6Past Performance of Polkadot Polkadot bears are relentless at spot rates, per the formation in the daily chart. After a brief consolidation, DOT prices are down double digits in the last trading month, dropping nine percent on the previous trading day alone. As per the DOT candlestick arrangement, traders should look to align with the primary trend by unloading on dips below $8 and the middle BB. #Polkadot Technical Analysis Currently, sellers are firmly in control. After the DOT price consolidated in the first week of September, even printing encouraging higher highs, the coin is now recoiling from the middle BB and August 26 highs at around $8. Technically, bears are in control. DOT is under pressure from an effort versus result analysis since buyers didn't break above the middle BB or reverse losses of August 26 or 19. With the trend defined and the coin within a bear breakout formation, the immediate target is at $6, marking July 2022 lows. What to Expect from #DOT? Even though buyers are upbeat and confident that DOT's bottoms may be in, the liquidation wave appears too strong for bulls. Sellers are in a commanding position, reading from the formation in the daily chart. If DOT fails to hold prices above $6, the coin may slide to new 2022 lows. Resistance level to watch out for: $8 Support level to watch out for: $6 [ b]Disclaimer: Opinions expressed are not investment advice. Do your research.
Short
by Bitcoin_Analyzer
1
DOT Potential Short / LongThe above chart is based on symbol DOTUSDT - Binance. Alerts have been set. The trading plan is to ladder in 0.25% below Entry, on Entry and 0.25% above entry. Stoploss(SL) is at 1.5%. Risk Management is always important. Let the trade come to you. Take Profits(TP) at 1% increments. First TP1 will have a higher percentage of take profit. If/when TP1 is hit, SL will be move to entry. Do Techincal Analysis(TA) stick to your plan, let the trade come to you, and don't FOMO, if your plan does not come to fruition (not hit) then you have not lost any money, have a SL to ensure best practice so you can continue trading, journal your trade for self development and reflection.
by DisDev
1
Polkadot (DOT) - August 31Hello? Welcome, traders. By "following", you can always get new information quickly. Please also click "Like". Have a good day. ------------------------------------- (DOTUSDT 1W Chart) Whether or not it can move higher than 11.72 is crucial. (1D chart) The key is whether it can be supported by rising to the 7.16-7.74 section. If it falls below 6.85, it could fall near 5.11, so you need to be careful. ------------------------------------------------------------ ------------------------------------------- ** 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.) ---------------------------------
by readCrypto