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DOTUSDT

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
Next Cycle for DOT Would Take Us This High...Hit follow to stay updated and the Like button if you find this useful. This one's real simple. Consolidate on previous 3rd wave top and blast off to 100$, If we fall back into the range then likely an A wave of an ABC in red and the previous 5 wave cycle is correcting itself. I'm leaning bullish on this one. We have had upwards of 30+ dollars tagged for the first cycle in the discord since December. We've had this pegged since 3-5$ and has been a huge gainer thus far. If you don't have some DOT then here's the next area I'd be looking to consolidate at to pick some up for the next cycle. Thanks for following and liking. Stay tuned for updates.
BINANCE:DOTUSDLong
by NewWave_Traders
5
Polkadot: overview for August 23The support level was broken on the Daily timeframe on August 19 breaking through $7.68, and the trend is bearis h now. The market has been in the correction wave for the last several days. A pullback selling opportunity will appear after the correction is finished and a bearish candle is formed on the Daily timeframe. If the downward movement continues, then the price can move towards target #1 . It is the support level formed on July 25 – 27. Its borders are $6.71 – $6.52. If the new support is formed in the coming days, it will be the first target. Short positions will remain relevant until the market is below the nearest resistance level on the Daily timeframe, the highs of August 10 – 15.
Short
by JIexa1701
DOTUSDT - SELLHello traders, today I have prepared an analysis of DOTUSDT for you, as with all other cryptocurrencies, we are in consolidation, which may send the price up or vice versa down after the end, but soon we will be in a very strong supply zone. After creating the signal I want to sell. IMPORTANT WARNING: --------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------- Rebounds from marked zones created by trading positions of large institutions such as banks or various financial funds may not create new HH or LL and therefore it is very important to collect partial profits at least according to these rules. This will help you to keep your equity curve constantly growing and protect your funds from big drops if the price unexpectedly turns against you. But the decision is only in your hands. I personally prefer setting up multiple TPs , here's an explanation: 1) 1:1 allows you to take a 50% position and thus secure a balance against loss in case the market turns 2) 2-5 :1 means profit (25% trade volume ), after reaching this TP I move SL to BE 3) 5-10 :1 means bonus money with rest of trade volume (again 25%) Money is lying on the ground, just bend down for it! Be patient and wait for the price to reach a strong zone and open a position!
Short
by TraderDominik
Huge pump, If DOT renew it`s lows🚀Hi friends! DOT is close to it`s $6 lows where a lot of long traders stop losses are set. It`s the nice area, where the big player can collect enough liquidity to open a long and a huge growth can continue. 📊 The preconditions to open a long: 1. false breakout of the $6 key level where a lot of retail traders sl`s are set 2. volume growth which confirms that buyers makes it`s purchases 3. DOM and Footprint show us the huge LIMITS WALL to buy 4. of course, bullish BTC help DOT to PUMP 🚩 Last time DOT wasn`t strong enough to make break up of the rising wedge. It will be nice to see the strength of buyer during the false breakout of $6 key level and DOT will go to grow and brake up the falling wedge. 📊 The targets: 🔥 $9-9.5 - the closest value area and the resistance 🔥 $11.9 - the key level 💻Friends, press the "like"👍 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
4