Dotusdtidea
DOTUSDT analysis in 4HHello, guys.
This is ESS team.
We hope our analysis will help you.
Candle is supported at Fibonacci Retracement level 382 after breaking the Rising Wedge's bottom.
However, the pressure of the sell-power could push it down to the 0.5-618 level.
To take a long position, at least, If candle break through the GREEN downtrend line, That is the time.
DOTUSDT Elliott Waves AnalysisHello friends.
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Everything on the chart.
Entry: Market and lower
Targets: 10 - 15 - 20 - 24
after first target reached move ur stop to breakeven
Stop: under 4 (depending of ur risk). ALWAYS follow ur RM .
RR: 1 to 8
risk is justified
Good luck everyone!
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It's not financial advice.
Dont Forget, always make your own research before to trade my ideas!
Open to any questions and suggestions
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 Elliott Waves Analysis (Longterm plan)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 zone: 3.8 - 3.4
Targets: 5.5 - 8 - 10
after first target reached move ur stop to breakeven
Stop: (depending of ur risk). ALWAYS follow ur RM .
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
DOTUSDT Elliott Waves AnalysisHello 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.
Previous bullish setup was invalidated,
switched to an alternative option with formation of the ending diagonal
BUY ZONE: 4.5 - 3.5
Targets: 6 - 8 - 10
after first target reached move ur stop to breakeven
Stop: (depending of ur risk). ALWAYS follow ur RM .
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
DOTUSDT Elliott Waves AnalysisHello 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. (update)
Nothing has changed, setup still alive.
Entry: market and lower
Targets: 8 - 9.5 - and maybe ~11.5(not sure)
after first target reached move ur stop to breakeven
Stop: ~4.3, agressive stop 5.1 (depending of ur risk). ALWAYS follow ur RM .
RR: 1 to 4
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.
DOTUSDT Elliott Waves AnalysisHello 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. (update)
Nothing has changed, still waiting for atleast 9-10$ zone.
Entry: market and lower
Targets: 8 - 9.5 - and maybe ~11.5(not sure)
after first target reached move ur stop to breakeven
Stop: ~4.3(depending of ur risk). ALWAYS follow ur RM .
RR: 1 to 4
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.
DOTUSDT Elliott Waves AnalysisHello 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.
I expect growth from current price or through one more decline in ~5.5$ zone, in any case im already in pos
Entry: market and lower
Targets: 8 - 9.5 - ~12
after first target reached move ur stop to breakeven
Stop: ~4.3(depending of ur risk). ALWAYS follow ur RM .
RR: 1 to 4
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.
DOTUSDT Elliott Waves AnalysisHello 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.
growth from current price or through one more decline in zone 5 - 4$
I dont wanna miss trend that's why im already in pos and will buy more if we get one more decline.
In any case we're in a global buy zone 6-4$.
Entry: market and lower
Targets: 6.5 - 7.5 - 8.5 - 9.8
after first target reached move ur stop to breakeven
Stop: (depending of ur risk). ALWAYS follow ur RM .
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.
DOTUSDTDOT was performing in a really good manner but somehow failed to gain more up moves due to recent rising wedge pattern formed and I believe it will gain more volume to grow more when it reaches the $5 support because it is in falling wedge pattern in 1D timeframe which possibly may give us more upside movement in mid & long term. I will keep updating you.
I hope you will like this idea. Please don't forget to like and follow for more upcoming ideas :)
PLESAE NOTE: Kindly manage your risk! This analysis is based on the chart trend, pattern, EMA & RSI . This is only for the education purpose.