Possible swing trade for DotRecent high retracement made from 38, if it successfully breaks 38 and sustain for 1 hour it can go 40-42 levels.
But by forming structure by structure
Because parabolic moves are not reliable to can trap us on high sight
By with confirmation and use tsl strictly to avoid sudden momentum shifts
DOTUSDTPERP
DOT 12h For the medium term, we are ready to buy at $19Only a month has passed since the publication date of the previous idea, and the DOTUSDT price has doubled in price and met its upside target.
In a previous idea, we wrote that the weaker the correction, the stronger will be the rise. If you look at the previous idea, you will see that there was almost no correction and this is the result. The buyers were able to take the DOT up to $36 and that's where yesterday's drop happened.
We would like to be wrong, but it seems to us that this is not the end of the decline, and the +/- safe zone for buying DOTUSD will be somewhere around $19.
Yes, we don't rule out a slight bounce of the Polkadot price up to $28-29 in the coming days, but globally we think the full growth correction is not over yet.
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DOT Price technically moves on the chart where to buy and sellIt turned out that the last time we made a global review of the DOTUSDT trading pair was to do as in February 2021.
But the idea worked pretty well , which we saw on the graph, see for yourself.
Also, during these 6 months, we made several short-term ideas for trading the DOTUSD pair, they can be found through the search in our ideas.
Having opened the DOTUSDT chart today, we saw that the price moves smartly from the liquidity level to the liquid level , so there is no need to invent a bicycle again.
Let's trade DOT from level to level and just take out our modest profit from the table in time)
Based on the current DOTUSDT price chart, a correction suggests a fall to the $13-14.50 price zone , where it will be possible to buy a long position at a tasty price. After this correction, we can expect growth to $28-31.
The logic is simple : if the dynamics of correction are weaker, to the upper part of the liquidity zone, then a powerful shot can be expected up to $31. If the correction will be deeper and more protracted, then it will be better to start fixing longs when the DOTUSD price crosses the $28 mark.
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DOT In a Traingle (Breakout Soon)Looks like a symmetrical triangle has formed in 4H timeframe and a breakout is expected soon, based on the price losing momentum I guess most likely the scenario is gonna be a bearish breakout, on the other hand EMA50 is standing right on top of bottom trendline making a bullish move possible as well.
I am gonna wait and see what happens and with what volume, then enter a trade based on that.
Good luck
NOT FINANCIAL ADVISE
DOT is in an uptrend, The trend is your friend. You will never know when the trend ends, on the 4H Chart, it's textbook analysis that we are trending upwards.
Until you see a rejection in more upside, and breaks the trend line, you can consider some shorts, as for now, you're good if you're long.
Take profits when it breaks the trendline on the 4h chart.
DOT BREAKOUT Will it GO further ...???hello dear traders , as you can see on the chart DOTUSD is trying to break it's resistance zone .if this scenario happened and DOTUSDT go above the resistant zone we could see a price bounce to 14.4$ or higher. in this case I will wait for the confirmation and pullback to buy some DOT .
what is your idea? will it go UP or DOWN ?