DOTUSDT - Opportunity to catch a 38% correctionDOT/USDT is at a Buying Zone: This suggests that according to your analysis, the current market conditions favor purchasing DOT with USDT. Buying zones are typically identified through technical analysis indicators such as support levels, trend lines, or chart patterns. It's essential to have a clear understanding of why you believe DOT/USDT is in a buying zone. This could involve factors such as a pullback from previous highs, consolidation after a rally, or bullish indicators on technical charts.
The Premium Buying Zone is at 8.4 to 8.9: This indicates a specific price range within the buying zone where you believe there is a premium buying opportunity. The premium buying zone could be based on factors such as historical price levels, psychological levels, or significant order blocks. Identifying such zones helps traders focus their buying efforts and potentially capitalize on favorable entry points.
DOTUSDT
It is EASY to make money.Hi,
With the recent plunge in Bitcoin and altcoins, many of you may have been worried, and some of you may already be celebrating the recent rebound.
However, do not let your emotions take control over your trading account.
Market sentiment is a reflection of the individual psychology of each of us.
And as history has shown, those who hold on win. Hold on to your FOMO, hold on to your FEAR.
Below is a chart of SOL, which shows a huge move higher this cycle, AVAX, which is chasing it, DOGE, which has now broken above its consolidation zone, and FIL, which is still not out of the consolidation zone.
You can also find many examples of these asset cycles in the stock market. Here are some ideas. 🍀☢️
Conquer your FEAR and FOMO, and you WILL earn money.
1PERCENT
Cryptolean Polkadot DOT UpdatePolkadot is consolidating in the daily range zone between $8.34 and $9.38 where we continue to see a rangebound price action.
A bullish move from the current price location and a break-out of $9.38-$9.79 will send DOT price higher towards $10.30-$10.74 and higher.
A bearish break-out of $8.34, the key daily support, will push Polkadot price towards $7.46.
📈Weekend DOT Dive: Riding the Volatility Wave💎🔍As it's Friday, with just one day left in the trading week, it's crucial to consider closing positions before the week's end to mitigate weekend volatility.Today's focus is on DOT, exhibiting a clear Dow Theory analysis. Currently, it finds support at $8.712, with a significant resistance level at $10.349, aligned with the POC of the fixed range volume profile.
📈Given the bullish daily and weekly trends, we can explore long-risk triggers. The current ceiling stands at $9.483, and a breakout could signal a long entry.
📉For short positions, we look to the Dow Theory's recent low at $8.712, aligning with its descending trend.
📊While volume is declining, this can be attributed to the overall corrective nature of recent declines on the weekly timeframe, suggesting the potential for an upward reversal at any moment.
🧠💼It's important to acknowledge the inherent risks in futures trading, with the potential for margin calls if risk management is neglected. Always adhere to strict capital management principles and utilize stop-loss orders, ensuring that the initial target offers a risk-to-reward ratio of 2
DOT approached the first shopping zoneOn the chart of DOT in pair with USDT, we can observe a second correction close to around 30%, what is more, we can see here how the price is approaching a strong upward trend line. This would indicate green zone number 1 as a potential entry into long positions, while the next zone marked in green may be the second purchasing zone to increase the position and average the price.
Sales zones identified by red color on the chart.
🚧DOTUSDT is Bullish now🚧 & many Traders don't see it 👀!!!Hi.
BINANCE:DOTUSDT
😊Today, I want to analyze DOT for you in a 1D time frame so that we can have a Mid-term view of DOT regarding the technical analysis. (Please ✌️respectfully✌️share if you have a different opinion from me or other analysts).
As you can see, the price is in an ascending channel. Also, the price has created a hidden divergence, which is a good sign for the price to rise.
✅ Due to the Ascending structure of the chart...
- High potential areas are clear in the chart.
-Hidden bullish Divergence
Stay awesome my friends.
_ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _
✅Thank you, and for more ideas, hit ❤️Like❤️ and 🌟Follow🌟!
⚠️Things can change...
The markets are always changing and even with all these signals, the market changes tend to be strong and fast!!
DOT POLKADOT Technical Analysis and Trade IdeaDOT Polkadot 's recent bullish run has given way to a retracement, offering potential short entry opportunities. Price is approaching a key higher-timeframe support level however, so proceed cautiously and prioritize risk management. Further downside is possible. This analysis is for educational purposes only, not financial advice.
DOT UPDATE (1D)DOT bullish waves that started at the bottom look like an ABC or more complex pattern.
Now it seems that wave A has been completed and we are in wave B.
Wave B looks like a runing flat, and now we are in wave C of this flat.
DOT can continue to climb by maintaining the green range.
Closing a daily candle below the invalidation level will violate this analysis.
For risk management, please don't forget stop loss and capital management
When we reach the first target, save some profit and then change the stop to entry
Comment if you have any questions
Thank You
Cryptolean Polkadot DOT Update Polkadot is consolidating above $10.74.
A bullish reversal from the current price location will result in a bullish move to $11.78.
A bearish break-out of $10.74, the key daily support, will push DOT price towards the support zone of $9.38-$9.76.
Intraday Chart
The DOTUSDT 4-Hour chart is bullish and is trading above $10.91.
(1) A bearish dip and a bullish rejection of $10.91 or (2) a bullish move from its current price location will push price to the key intraday resistance zone of $11.62-$12.13, where I will be closely watching the #Polkadot price action.
A bearish break-out of $10.91 will lead to a slow price decline to $10.31.
Like once read!
Thank you!
DOT/USDT Ready for another Exponential Rally? 👀🚀DOT Analysis💎Paradisers, turn your gaze to #DOTUSDT as it is positioned within an ascending channel's upper zone and ready for a bullish journey toward the supply zone.
💎A look back at #Polkadot's market trajectory shows its journey through an ascending channel, consistently breaking new ground towards higher trends. The price now is facing a resistance at $12.13. When this resistance turns into support, the probability of a bullish rally toward the supply zone will become more evident.
💎For the CRYPTOCAP:DOT traders, staying alert is not just important—it’s crucial. Brace yourselves for a potential surge from the $8.81 support level, if the market’s tale twists unexpectedly, this could be the next point of support for #DOT. Yet, beware: falling below this support will call for a descent into bearish territory.
💎In today’s mercurial market, fusing strategic prowess with decisive execution is more than necessary—it’s the art of survival. But, we are always there for you.
#DOT Can Reach 14.7 if..;DOT almost broke the weekly resistance area when it got pumped last time but couldn't manage it sadly.
If DOT can close above 10,7 in daily time frame, I'll take a long entry with 5X Cross (%5 of my general margin) and set the target point to 14,7.
According to Elliot Waves theory, wave 3 should get me 14,78.
Also;
Daily Volume seems fine and broke the last high.
Rsi still seems like fine.
All targets and areas on the chart.
Good luck to us all.
I Cannot Short This !!! situation+next targets.Hi.
COINEX:DOTUSDT
😊Today, I want to analyze DOT for you in a 12h time frame so that we can have a short-term view of DOT regarding the technical analysis. (Please ✌️ respectfully ✌️share if you have a different opinion from me or other analysts).
➡️Price bounced back from support and is now breakout from the descending trendline,
If breakout the ma 100 happens, it could signal further upside.
✅ Due to the Ascending structure of the chart...
- High potential areas are clear in the chart.
-Falling Wedge
Stay awesome my friends.
_ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _
✅Thank you, and for more ideas, hit ❤️Like❤️ and 🌟Follow🌟!
⚠️Things can change...
The markets are always changing and even with all these signals, the market changes tend to be strong and fast!!
DOT Inverse Head & Shoulder - Ready to Go Higher
Dot has iH&S on 4 hour chart. It's not text book perfect but pattern is similar.
It has also shown strength and with the recent dump today on BTC it was affected very minimally.
Once we break the neckline we should go to 1.18 fib at almost $13.
Happy Trading
DOTs awakeningLooking at the history of this chart I can say with confidence that this is one of the worst charts I have ever seen. How the whales pumped and surpressed this coin to the ground is just mind-boggling. Technically Polkadot was in a bear market forever. Till now. It's actually about to break one of the hardest resistances since 1,5 years. After that it will create the right shoulder of a bigger inverse head & shoulder on higher timeframes and retest the massive key resistance range of 40-55$, break it and fly to new highs, expecting to fill the gap since birth and reach the final target of 200-380$ in wave 3.
PolkaDot #DOTUSD: Long-Term AnalysisCryptocurrencies are experiencing challenges post the Bitcoin ETF release, a predicted event that didn't act as a Buy-like catalyst for the market. It serves as a reminder that not all assets surge after such an occurrence. Despite this, the current phase presents an intriguing opportunity, particularly for PolkaDot.
PolkaDot has shown a somewhat delayed response since the low at the end of last year compared to its counterparts. An overarching Wave (1) has formed, and we are currently entering Wave (2). This correction is anticipated to range between 61.8% and 78.6%. A dip below this range would strongly suggest that it might not be Wave (2), and the correction could extend further below the $3.64 mark.
However, if a turnaround occurs within this range, we foresee a minimum upward movement reaching $15.5 🔥
DOT/USDT 1HInterval ChartHello everyone, let's take a look at the DOT to USDT chart on a one hour time frame. As you can see, the price quickly came back and remains on the upward trend line again.
Let's start by determining the support line and as you can see, the first support in the near future is $9.30, but you can see how the dynamic movement quickly brought the price down to the support zone from $8.25 to $7.69.
Looking the other way, you can see how the price is currently fighting in a strong resistance zone from $9.91 to $10.38, which was not successfully maintained earlier, but if we now come out on top and the price stays above the zone, we can see an increase towards the resistance. at $11.71.
Looking at the RSI indicator, you can see a local upward trend line, above which there is still room for growth, while the STOCH indicator is again moving near the upper limit, which may result in another attempt at recovery.
DOTUSDT.1DBased on the provided market data, the DOT/USDT pair is currently showing signs of a bullish trend. The current price of 9.785 is above the support levels for 4h, 1d, and 7d, indicating a strong buying pressure.
The RSI (Relative Strength Index) is a momentum oscillator that measures the speed and change of price movements. An RSI above 70 usually suggests overbought conditions. The RSI values for 4h, 1d, and 7d are 71.71, 85.95, and 74.16 respectively. This indicates that the market is overbought in these timeframes, suggesting caution as there could be a potential reversal or slowdown in the trend.
The MACD (Moving Average Convergence Divergence) is a trend-following momentum indicator. A positive MACD indicates that the 12-day EMA is above the 26-day EMA, which is a bullish signal. The MACD values for 4h, 1d, and 7d are positive, reinforcing the bullish trend.
The Bollinger Bands (Bb) indicate the volatility in the price. The current price is below the upper Bb for all timeframes, indicating less volatility and a potential for price to go higher.
The resistance levels for 4h, 1d, and 7d are 10.720, 10.840, and 10.992 respectively. These are the levels that the price would need to break through to continue its upward trend.
In conclusion, the market data shows a strong bullish trend for the DOT/USDT pair. However, the high RSI values suggest the market is overbought and there could be a potential price correction or slowdown in the trend. As always, it's important to consider other factors and your own risk tolerance when making investment decisions.