long DOT$DOT broke through the descending trendline. Rise to resistance level at 8,92$ is likely to happen.
DOTUSDT
Polkadot DOT at important trendlinePolkadot DOT at important trendline
Exciting to watch what DOT will do within the next days - a confirmed break to the upside and bottom might be in
But a danger of fakeout always has to be considered dear Crypto Nation
Who is a DOT HODLER? Tell me...
*not financial advice
do your own research before investing
DOTUSDTHello Crypto Lovers,
Mars Signals team wishes you high profits.
This is a 4-hour-time frame analysis for DOTUSDT
As we predicted on July 12, we expected a rising trend and obviously you see this has happened and one of our targets is hit. In this chart, we have R1 as our resistance line and also we have S1 and S2 and S3 the support lines that include the support of the price at several points since the past. Now we have the price fluctuating below R1 and we believe it will rise to this line and then it will start its falling trend to S1 and lower than that. By the time the price falls to S1, it may have another rise to R1 and even above that.
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
DOTDOT Looks good at this point for a great ROI risk to reward! All timeframes are lining up together for maybe a test of $12.00
DOT/USDT BREAKOUT READY TO PUMP 100%!!Hi guys, This is CryptoMojo, One of the most active trading view authors and fastest-growing communities.
Do consider following me for the latest updates and Long /Short calls on almost every exchange.
I post short mid and long-term trade setups too.
Let’s get to the chart!
I have tried my best to bring the best possible outcome in this chart, Do not consider it as financial advice.
BUY DOT/USDT ON THE SPOT
DOT is making this falling wedge pattern
Entry range:-$6.86 to $7.10
Target:- 100%
SL:- $6.30
This chart is likely to help you in making better trade decisions if it did consider upvoting this chart.
Would also love to know your charts and views in the comment section.
Thank you
DOTUSDbetter look non phone chart as previously posted
retested breakout high from 2020 and bouced
might see a pullback across the board, soon or aug for muh mt gox btc unlock
eitherway fundamentally psycologically we appear to have seen max fud
next is cuck breakout longers?
thensend eet?
or macro recession also but unemployement would suggest otherwise and inflation is still fairly uncontrolable despite the feds warpath best efforts
time will tell
Dotusd67% ish to the .382 of the downmove
This thing still only has 2 useable chains built into it as far as im aware...
Any fundamental catalyst from here should see some serious relief, havent heard of anything yet but the chart looks nice and its not moved yet compared to other highly rated L1s
DOT (falling wedge)DOT / USDT
falling wedge breakout done
As long as price is holding we are looking for next resistances located in my charts
Best of wishes
Falling wedge patern with decreasing volume Polkadot to 16$Hello traders, after having made a long research i think that dot could make a very strong move to the upside due to the falling wedge pattern that printed on daily time frame.
In my opinion it looks really bullish, but not only for the falling wedge on daily, it has also descending volume witch is a confirmation sign and means that to see an increase on volume it's a matter of time.
It has already performed a success full breakout and a retest and now it is trading above of the upper trend line of the falling wedge.
It is likely for it to go to 16$, but anything is sure in the market so i will keep moving the stop behind the key levels. It will be more likely to reach higher prices if it manages to surpass the exponential moving average of 55 on daily around 8.6$ witch is too a resistance.
If will be glad to see what do you think in the comments and if you agree with me push the like button.
PolkaDot DOT - On a massive weekly support! 0.618 FIB + Channel
PolkaDot was a very strong altcoin in 2020-2021 as you can see on the historical chart and we can cleary spot an impulse wave here.
The coin in 2022 fell to the strongest support (0.618 FIB + Wave 1 horizontal support + POC + ABC correction).
If you like fundamentals of this coin, this is definitely a good time to buy, because we have a strong confluence.
The missing part is the descending parallel channel, because the price is still inside the channel, but we have had a nice touch on the bottom.
After an impulse wave - ABC correction is expected and in this case, the ABC correction has been sucessfullly completed with an ending diagonal pattern.
If want to make a short term trade, you can place your profit target at the top of the channel, otherwise next stop is below previous all time high.
Look at my ideas about interesting altcoins in the related section down below ↓
For more ideas please hit "Like" and "Follow"!
Polkadot Moves... Over 755% Potential (6X Lev.)I was looking to share Polkadot (DOTUSDT) and the chart looks so good that we had to go with a trade.
We are active now on this one, "low risk" because we go with 6X lev.
Normally we use 10X.
But at any time one can do 8X, 6X or even 3X and still the potential is huge/great.
Ok. Still.... No numbers.
But since we recommend this for experts only, I spot the chart setup and you take care of the rest.
THIS IS NOT FINANCIAL ADVICE.
Leveraged trading is high risk and not for beginners.
Will it grow?
Not the right question.
If it goes down, we stop the trade at a lost.
If it goes up, it becomes a winner, we collect profits and move on.
We do not predict, we position ourselves and let the market decide which way it will go.
Some we win, many we lose...
That's the game.
Those whoe can't take a loss cannot trade, because even the best traders in the history of the world have loses, all of the time...
The point is to spot chart setups/trades, that are low risk but instead offer high potential for rewards.
We sound like a broken record...
We hope this is useful to you.
We hope you make tons of money.
We hope you live a long healthy and enjoyable live.
We are wishing you the best now & always.
Namaste.
DOT/USDTFalling Wedge
A falling wedge is always a bullish pattern. By definition, a falling wedge always follows a major rising trend and has 3 stages: major rising trend, correction, and continuation of a rising trend.
This pattern is appropriate in denoting a bullish momentum in the market in the future.
DOT - We are about to break 44 DAYS old trendline!Reasons to take long:
⭐️ BTC bullish
⭐️ Trendline is 44 days old
⭐️ Trendline is clean
⭐️ In the end of local formation
⭐️ Slowly squeezing to the trendline
⭐️ 4th touch
⭐️ 35 ATR
⭐️ Over VWAP
Will enter when price squeezes to the trendline on 5m timeframe, the base will form and the tape will get faster.
If you don't understand the previous sentence, just use swing stop-loss 3-5%
Fix profit by parts:
1% - 1/3
2% - 1/3, stoploss to breakeven
What's left, hold to the maximum
What do you think of this idea? What is your opinion? Share it in the comments📄🖌
If you like the idea, please give it a like. This is the best "Thank you!" for the author 😊
P.S. Always do your own analysis before a trade. Put a stop loss. Fix profit in parts. Withdraw profits in fiat and reward yourself and your loved ones
Polkadot Bullish Divergence Bull Div forming here on the daily and 3 touches of LL's in price and HL's in RSI.
Could see some nice relief soon if the market allows it and bitcoin chills.
Polkadot longPolkadot broke trough the descending trendline. Asset broke trough the resistance level. Bullish movement to resistance level at 7.345 is expected to happen.
DOT - Falling WedgePolkadot has formed a falling wedge on this four hour timeframe
Falling wedges are a bullish pattern and dot if a break out occurs will act bullishly
DOT bouncing off support and in descending wedge DOT is bouncing off the lower blue support line that I have (picture below)
This is a very strong support level, and on top of that it is doing this in a descending wedge pattern, which is a special bullish pattern.
HOWEVER, this coin has NOT BROKEN THE WEDGE YET.
That means, wait for the break, then go long.
First resistance would be red line,
second resistance is around $16.
DOTUSDT short term biasKeeping in view the situation of the BTC and bearish cycle on macro-level, DOT is poised to fake out or fake impulse towards upside, which will trap the bulls and it will suddenly break down and take a dip. Rate hikes and inflation will have its effect on the BTC so as on the ALTS.
Areas to keep in my mind for shorting are 8.4 and 7.6. I
t might drop from the current price as well. More confirmation for short entries can only be taken on lower time frames if some one wants to take short positions.
DOT/USDT 4h Update!!Dot/usdt is making brodening wedge pattren below the decending triangle . We have a strong support at 6$ thts why decending triangle is not gonna play out. Dot have to break the uper trendline to gain some power.
DOTUSDT 4h : Short or What?Hello Everyone :)
As you can see the price is at the support zone and if its break this support i will open a short position ...
⚠️ This Analysis will be updated ...
📅 07.12.2022
⚠️(DYOR)
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DOT/USDT SHORT RISKY 15MI looking bearish trend in 15 minutes time frame found hanging men on top
entry
stop loss
take profit mentioned in chart
