DOTUSDT
DOTUSDT | Wave Projection | Triple Bullish Divergence DragonPrice action and chart pattern trading
> Anticipating a breakout of dragon ridge or descending triangle breakout downtrend DRAGON ABC wave pattern with current Intermediate C-wave in zigzag formation
> Target @ possible making a minor 4-wave uptrend correction retracing 0.0382-0.5 previous 3-wave +50% - +70%
> Stoploss @ the lowest position of the -25 - 30% to the bottom forming the 1st claw of the dragon, relatively closed to the target of dragon main head & shoulders.
> Entry @ 1st Inverse Claw breakout
> RRR: 2.5:1
Indicator: MACD triple bullish divergence & RSI double divergence
Always trade with affordable risk and respect your stoploss
Polkadot (DOT) - August 7hello?
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(DOTUSDT 1M Chart)
The key is whether it can be supported by rising to the 11.72-14.93 section.
(1W chart)
In order to rise to the 11.72-14.93 range, the key is whether the price can be maintained above the 7.16-7.74 range.
(1D chart)
Primary resistance: 9.75
Secondary resistance: 11.03-11.72
Support: 6.89-7.74
A drop near 9.75 is likely to create a pull back pattern.
At this time, you need to check if it is supported in the 6.89-7.74 section.
The 11.72-14.93 interval is the interval that determines the trend.
Therefore, if it rises to 11.72-14.93 without being supported and falls, it is necessary to stop loss to secure cash.
Therefore, when it falls below 11.03 and receives resistance, it must be Stop Loss.
If you look at the overall chart, you can see that the current price position is at a fairly low price point.
It is good to get short-term profits by investing in coins or tokens in this price range, but I think it is better to increase the number of coins (tokens) from a mid- to long-term point of view.
To do this, it is necessary to check which ecosystem the coin (token) you want to invest in belongs to and is expanding.
This is because I do not think it is good to invest only with the roadmap or future-oriented plan (?) pursued by the coin (token) in a situation that is being combined with the actual business aspect.
The time has come to examine whether the coin ecosystem of the coin (token) you want to invest in is expanding and whether it is useful in actual business.
This is because the era in which themes such as DeFi, NFT, and P2E are created, interest is received using deposit services, and value can be traded through games has begun.
Investing in active coins (tokens) rather than investing in inactive coins (tokens) will give you the strength to survive in the uncertain coin market.
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** 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 through split trading. It is a short-term investment perspective.)
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DOT continues in channel stuck between $8.56 & $6.27DOT is stuck between the blue and first red line, respectively at $6.27 and $8.56.
Upon breaking the first resistance line, I expect the price to easily touch $10.75. However, I expect pretty strong resistance there, because after this the bullish push to $16 is very clear.
So until then, please hold and wait for the break. I will update it in the comments section when this break (candle close) above $8.56 happens.
DOTUSDT |Coin Review| Breakout of a local trend line.Hello everyone, I wrote a new idea for you. I think it's easy to like and subscribe to the channel, thanks😉
📌DOT is locally in a downtrend, not long ago there was a breakdown of the countertrend double line, I expect the asset to go to local resistance
Leave a comment what do you think about it👇
DOT above support#DOT/USDT
$DOT is above the trend line that is the same as the support zone.
🐻 price may have more drop in the short term to touch the support zone where meets curved support.
break down from this support will drop the price to descending trend line (green).
🐮 holding above the support zone can bring back bulls in play and attempt to break out descending trend line to reach the next trend line above.
DOT/USDT - Cypher pattern completed - LONGWe have a bullish Cypher Pattern completed at 32.32 on DOTUSDT daily chart, from where we might be able (I would say 80% chance) to launch the bull-rockets up to 46,40usdt.
We'll see, fingers crossed. :)
buy in: 32.32
TP1: 46,40
TP2: 55
TP3: HODL
SL/pattern invalidation: 25,00
All feedbacks are appreciated.
DOTUSDTHello Crypto Lovers,
Mars Signals team wishes you high profits.
This is a one-day-time frame analysis for DOTUSDT
As we analyzed on July 27, we expected a rising trend and now we have all our targets hit. In this chart, there is R1 which used to be a support line. S1 used to be a resistance line and the unsuccessful attempts of the price to rise is obvious. And S2 is the support area which represents the support of the price at several points. At the moment, the price is fluctuating below R1 area and we expect a falling trend to S1 and here we will have two options. Either the price will rise over this line and by receiving some confirmation candles, we predict more rise for it to R1. Or it is possible that the price loses the support and falls below S1 and face more decline toward S2.
Warning: This is just a suggestion and we do not guarantee profits. We advise you to analyze the chart before opening any positions.
Wish you luck
DOT SHORT 15M Hello everyone, let's take a look at the 15M DOT to USDT chart as you can see the price is moving below the local downtrend line.
Let's start by setting goals for the near future that we can consider:
T1 - $ 8.64
T2 = $ 8.67
T3 = $ 8.70
T4 = $ 8.73
and
T5 = $ 8.76
Now let's move on to the stop loss in case of further market declines:
SL1 = $ 8.57
and
SL2 = $ 8.51
Looking at the CHOP indicator, we can see that there is a lot of energy in the 15M range, while the MACD indicator shows a local downward trend.
Polkadot opportunityHey folks, I am Nav!
With this account, I am trying to journal my trades. And I like to keep my trades extremely simple and uncluttered.
Please use the areas highlighted as support, confluence or resistance and plan accordingly & responsibly
If you liked my idea, please check others and follow for more!!
Cheers :)
DOTUSDT Analysis (Local Vision)Hello 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.
Entry: market and lower
Target: 8.5 and 10.2
after first target reached move ur stop to breakeven
Stop: ~6 (depending of ur risk). ALWAYS follow ur RM .
Risk/Reward: 1 to 6
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.
Polkadot starting to perform!DOT has lagged behind a little and been slowly grinding up. The bulldiv on higher timeframe still performing though in my opinion
Flipped resistance into support at $7-7.40 area, with resistance sitting above around $9
If markets start to rally I see DOT hitting closer to $11
Either way, following the green path nicely at this point with a brief back test on LTF, which is what I wanted to see.
V
DOT looking for a bullish continuation DOT /USDT
the price just followed my drawing in my previous idea And almost hit first resistance in my chart (TP1)
Check my previous idea here : ⬇️
Breakout this resistance will result in bullish continuation up to 12$ in short term (in long term DOT still have very big room for growth )
Polkadot Still Has To Give 125% To USWe started way too early with DOTUSD but quickly moved to DOTUSDT because more people follow this pair.
They are both identical when it comes to chart reading or to trade.
The great news is that it is still early, believe it or not, much growth lies ahead.
We have 5 green consecutive weeks.
This is consolidation/accumulation...
Next, the rise.
125% is the main target but if you are trading with us, with or without leverage, 20%, 30%, 50%, etc., are good places to secure profits on the way up.
Remember not to trade blindly, build a plan, do your research and then jump onboard.
There are always endless opportunities.
If you missed ETC for example, you can buy DOGE or DOT and so on.
This is not financial advice.
Thanks a lot for the support.
Namaste.