Dotusdtbuy
#DOT/USDT#DOT
The price is moving within a descending channel pattern on the 12-hour frame and is expected to break upwards
We have a downtrend on the RSI indicator that has been broken upwards and we have a tendency to stabilize above it
We have a major support level in green at a price of 4.20
We have a tendency to stabilize above the moving average 100 which supports the rise
Entry price 4.67
First target 5.40
Second target 6.02
Third target 6.70
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DOT target 712h time frame
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DOT broke the downtrend line and creating a small bullish flag(lower time frame). Also, DOT might start following the Dow's theory to go above previous high at 6, then this breakout will be validated. With Fibonacci analysis, we can have target at 7 and 8
TP: 6.8~7.3 / 8.2
SL: 4.77
DOTUSDT at weekly and monthly support confluenceThe price is trading at the confluence of weekly and monthly support. The upper side of this support range has already held the price twice in past and provided bounces. The first one was stronger than the second one. The second bounce slowly retraced and has come back into the support zone. I think this is the last line of a significant support at least for the pair on this chart. And I expect this support to hold and make the price reverse for significant move to the upside. The price still has the possibility to go a bit below and probably breach this support on intra weekly basis but it should not close below it. Overall, this one is looking good for the long side on high time frame but some smaller downside potential is still there and therefore slowly building a long position is desired and recommended.
DOTUSDT on daily support, likely to head towards 6.4The price has hit the daily support. A long shall be favorable here. The target for the long should be the daily resistance around 6.4. If the price loses daily support, the price is very likely to bounce from weekly support marked on the chart. That support is very likely to hold and makes the long very favorable.
DOT/USDT BREAKOUT READY TO PUMP 100%!!Hi guys, This is CryptoMojo, One of the most active trading view authors and fastest-growing communities.
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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
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DOT/USDT HAS POTENTIAL TO PUMP 300%!Hi guys, This is CryptoMojo, One of the most active trading view authors and fastest-growing communities.
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I have tried my best to bring the best possible outcome in this chart, Do not consider it as financial advice.
Welcome to this DOT/USDT update. DOT looks very promising here and looks like hovering near the bottom.
DOT is trading inside a symmetrical triangle in the 2-day time frame. Currently, it is moving near the lower trendline of the triangle. So buying here will be very low risk. Buy some now and add more in the dip.
Entry range:- $17.5-$18.5
Target1:- $22
Target2:- $26
Target3:- $32
Target4:- $38
SL:- If any 2-day candle closes below the triangle or closes below $17 then I'll exit.
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DOT/USDT HAS POTENTIAL TO PUMP 150%!Hi guys, This is CryptoMojo, One of the most active trading view authors and fastest-growing communities.
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#DOT/USDT is about to break out of this falling wedge pattern and lying on very strong support.
ENTRY- $17 - $17.60
TARGET- 150%
SL- If it breaks and closes below the 15.60
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DOT/USDT TRADE SETUP READY FOR A BIG MOVE.Hi guys, This is CryptoMojo, One of the most active trading view authors and fastest-growing communities.
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DOT/ USDT
LONG NOW : $18.400 - $16
Target : 100%
STOP : $15.5
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DOT/USDT 3D UPDATEHi guys, This is CryptoMojo, One of the most active trading view authors and fastest-growing communities.
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#DOT/USDT about to break out this falling wedge pattern and lying on very strong support.
ENTRY- $17.40 - $17.60
TARGET- 200
SL- If it breaks and closes below the 15.60
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DOT/USDTWelcome to this quick Update, everyone.
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I have tried my best to bring the best possible outcome in this chart.
DOT/USDT is making the bullish falling wedge pattern.
It is lying above the strong demand zone. MACD crossover is showing bullish momentum. RSI is in the oversold region. We can expect an upward move from here if BTC remains stable.
What's your thought on this?
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#PEACE
DOT/USD: Bounce Higher Shakes Off Dust After Mid-Term LowsOn the 20th of December, DOT/USD was near the 23.5000 mark and treading depths not seen since late August. However, in the past week of trading, DOT/USD has climbed higher and produced a solid incremental surge and is now within highs not demonstrated since early December. As of this writing, the price for DOT/USD is close to the 31.6000 level and the price of Polkadot is correlating rather politely to its major counterparts which have seen gains the past week.
Before traders decide to jump on the bandwagon based on the belief another surge higher is about to be exhibited by DOT/USD, they should make sure they keep their ambitions in check. The holiday season can produce strong volatility due to volumes being rather light and producing imbalances. This allows big trading positions in which Polkadot is being bought and sold via exchanges and cryptocurrency wallets to effect values quickly.
On the 4th of November, DOT/USD was trading near 55.0000 and had punctured highs made in May of 2021 with a strong demonstration of strength. However, since attaining these apex highs almost two months ago, Polkadot has struggled to find renewed buying momentum and it has gradually traversed lower, hitting rather nervous depths only one week ago. While the run upwards the past few days has been impressive and scored large percentage moves for short-term traders, the trend should be viewed cautiously.
As DOT/USD continues to bounce along the 31.5000 to 31.6500 level, traders may prove wise to wait to see if the early December values can actually be challenged. Conservative traders who are opening new positions of DOT/USD and want to wait for the next surge of momentum higher to indicate an ability to penetrate resistance levels may want to wait for the 31.9000 level to be penetrated and sustained.
Aggressive traders who feel that DOT/USD has ability to climb higher in the short term and want quick trades could look at this resistance as a take profit location. However, traders need to make sure their transaction fees allow them to look for fast trades if they are attempting to scalp pips.
Traders who are skeptical of the sudden rise of DOT/USD and want to be sellers may look at the current price realms as overbought. They should use stop loss orders correctly in case their technical analysis doesn’t meet expectations. DOT/USD is in an intriguing trading area and speculators may be attracted to the cryptocurrency if they want to make short-term wagers.
Polkadot Short-Term Outlook
Current Resistance: 31.9100
Current Support: 30.6700
High Target: 34.2500
Low Target: 28.1100