DOT adam&eve and daily trend lines#DOT/USDT
$DOT shaped an inverted Adam and Eve pattern.
🐻 break down from support zone can drop price to daily descending trend line, around $4.5 or even lower.
🐮 holding the support zone can increase price to descending trend line and resistance zone as sideways move.
DOTUSDT
DOT for 1 hour interval!Hello everyone, let's take a look at the 1H DOT to USDT chart as you can see the price is moving above the local downtrend line.
Let's start by setting goals for the near future that we can consider:
T1 = $ 8.29
T2 = $ 8.81
and
T3 = $ 9.47
Now let's move on to the stop loss in case of further market declines:
SL1 = $ 8.00
SL2 = $ 7.71
SL3 = $ 7.48
SL4 = $ 7.24
and
SL5 = $ 6.90
Looking at the CHOP indicator, we can see that in the 1 hour interval we have little energy and the MACD indicator shows a local downward trend.
DOT triangle breakoutPokadot seems to be ready to break up this triangle 📐 and if successful I think there is chance for run to 10.25 and even higher. Just bought...
ENTRY : local high @ 8.10
STOPLOSS (SL) : local low @ 7.80
TARGET (TP) : height of the triangle projected from midpoint of the local range (BUY - SL) @ 10.25
REWARD RISK RATIO (RRR) : 7.1
INVALIDATION : when SL level hit
Check my other stuff in related ideas.
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⚠️Disclaimer: I'm not financial advisor. This is not a financial advice. Do your own due dilingence.
Polkadot Soon To Go Bullish (125% Target Mapped)We will be looking at 3 signals on the Polkadot (DOTUSDT) chart.
1) As MA200 trends down, prices tend to trend upwards.
2) Bottom pattern formation. The same bottom pattern we've been seeing in multiple charts is also present here.
3) Mirror image. On the left side we have red/down, on the right side the mirror image would be green/up.
These are the signals.
The light blue line at the bottom of the chart is the stop-loss.
We use manual stop-loss (full candle close below this line).
This is not financial advice.
The charts can always change.
Keep in mind that trading is not risk free.
Do your own research before trading.
Make sure to comment, like, follow & share for more.
Thank you for reading.
Namaste.
DOT (Analysis)The DOT was supported at the bottom of its bearish channel last week and is moving towards resistance at $ 8.5, forming a twin floor pattern. A negative reaction accompanied the first encounter with this range. Still, in the second encounter, due to the strength of buyers, there is a possibility of breaking the resistance ahead and continuing the upward movement until the next resistance in the $ 10 range.
The downtrend is broken, and if pullback moves to this uptrend and maintains $ 7.5 support, we expect the uptrend to continue with more strength towards higher resistance. The first resistance is in the range of 8.5, and the second resistance is in the range of $ 9. If the uptrend line breaks in the 4-hour timeframe, a price reversal warning will be issued again to lower support.
Polkadot (DOT) - June 24hello?
Traders, welcome.
By "following", you can always get new information quickly.
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Have a good day.
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(DOTUSDT 1W Chart)
3 important segments
- 9.26-10.13
- 13.64
- 18.42-19.37
An upward break above the key zone is required to continue the uptrend.
(1D chart)
Resistance: 9.26-10.13
Support: around 7.16
It needs to rise above 8.71 in order to turn to an uptrend in the short-term and mid-to-long term.
However, it is expected that the upward trend will continue only when it rises above the critical section 9.26-10.13.
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** All indicators are lagging indicators.
Therefore, it is important to be aware that the indicator will move accordingly as price and volume move.
However, for the sake of convenience, we are talking in reverse for the interpretation of the indicator.
** The MRHAB-T indicator used in the chart is an indicator of our channel that has not been released yet.
** The OBV indicator was re-created by applying a formula to the DepthHouse Trading indicator, an indicator disclosed by oh92. (Thanks for this.)
** Support or resistance is based on the closing price of the 1D chart.
** All descriptions are for reference only and do not guarantee a profit or loss in investment.
(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.)
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POLKADOT - Last Bearish Leg... 🚀In one of our previous analysis, we showed a short setup from $23 with targets of $10. We achieved that target and made raw gains of over 50%!
We blew past our short targets and now we are approaching the final legs of the bearish wave.
We are expecting bulls to jump in as soon as this final bear leg is over.
On lower timeframe we can see that we're making our way down for the final time.
Trade Idea:
- Watch for the final leg to end and bulls to step in - through trendline break, BOS, RSI etc
- Once bullish price action appears, enter with stop below the lows
- Targets: 25, 50, HODL rest for longer term
Goodluck and as always, trade safe!
DOT / USDT loklanie changes the trend to a downward trendHello everyone, let's take a look at the 4H DOT to USDT chart as you can see the price has come above the downtrend line and back below that line.
Let's start by setting goals for the near future that we can consider:
T1 = $ 7.91
T2 = $ 8.29
and
T3 = $ 8.77
Now let's move on to the stop loss in case of further market declines:
SL1 = $ 7.60
SL2 = $ 7.38
SL3 = $ 7.16
SL4 = $ 6.86
and
SL5 = $ 6.47
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 change in the local trend to a downward trend.
DOTUSDTHello Crypto Lovers,
Mars Signals team wishes you high profits.
This is a 4-hour-time frame analysis for DOTUSDT
In our last analysis on June 15, we expected a rising trend for the price and now you see that the rise has happened. At the present, we have S1 which used to be a resistance line and it shows the disability of the price to rise. S2 and S3 lines are our support lines. And R1 used to be a support area. At the moment, the price is fluctuating over S1 and we expect it to rise to R1 and by a pull back to S1, it will have a rise again. Even it is possible for the price to face more decline when it reaches S1 and then by moving below this line, it will experience 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.
Wish you luck
Polkadot facing resistanceThis one looks/feels just like Cardano.
We are looking at DOTUSDT (Polkadot) and we see that prices are trading above EMA10 and EMA21, which is always good... But resistance is being faced at EMA100.
This same level has rejected growth twice already this month and is the immediate challenge.
If DOTUSDT can manage to break and close above $8.06, we can expect much higher prices.
On the contrary, a rejection can lead to a test of the last low.
This is shaky spot...
This is the decision spot...
This is where you hear people talking about coin flip, 50/50...
We go GREEN and we use a tight stop-loss.
I think we are ready to go up.
Namaste.