DOTUSDTPERP
DOT ANALYSIS#DOT UPDATE.
#DOT is currently holding the double bottom support at the red line area and close below to the red line area could result in pullback support by the bearish divergence on RSI.
#DOT/USDT 1DAY UPDATE Hello, welcome to this DOT/USDT 1DAY chart update by CRYPTOSANDERS.
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CHART ANALYSIS:-DOT/USD was down by as much as 5% in today’s session, falling to a low of $5.72.
Today’s drop saw the token move closer to its support level at $5.60, which has mostly been in place for the last week.
Looking at the chart, the RSI also dropped to a floor of its own, with the index colliding with its support at 41.00.
Should the index move below this point, we will likely see Polkadot move toward $5.30, which would be a two-year low.
Traders will likely also be paying attention to the moving averages, as the indicator still looks positioned for further downward momentum.
This is not a piece of financial advice.
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Polkadot DOT price has nowhere to fall below. It's time for longIt's been a while since we did a DOTUSDT idea, then it's time to refresh our thoughts.
As you can see from the chart, the DOT price is clearly moving from one liquidity level to another, we have marked them nicely on the chart.
So, we assume that the price of the Polkadot token will consolidate a little more, buyers will gain strength and break up from the falling channel.
Therefore, we make an assumption for ourselves about the possible movement of the DOTUSD price
Long to $6.60 - correction - long to $7.90 - correction - long to $9.50-10
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Trading opportunity for long position DOTUSDTBased on technical factors there is a Long position in :
📊 DOTUSDT - Polkadot
🔵 Long Now 7.06
🧯 Stop loss 6.65
🏹 Target 1 7.70
🏹 Target 2 8.70
🏹 Target 3 10.00
💸RISK : 1%
We hope it is profitable for you ❤️
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DOT/USDT - LONG 12H TF----- Welcome, dear followers! -----
- Here is my trading methodology. I trade with a normal system and analysis of resistance and support, as well as price reversal patterns.
- For the record, I do not place a stop loss within my trades. So that I only risk 1.5% of my total capital in order to support the loss due to a price reversal against me.
- If a price reversed against my expectation and touched the drawn line r3, then I transferred targets to the entry point and waited for the price to close at it with a loss equal to almost zero.
- Today's deal is shown in the chart, and here are the entry and exit points below.
-- Support me with numbers and follow up on my account for other deals in the future. Thank you for coming to this part. --
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⚡️⚡️ #DOT/USDT ⚡️⚡️
Client: My-Binance Futures
Trade Type: Breakout (Long)
Leverage: Cross (2X)
Entry Targets:
1) 6.9 - 100.0%
Take-Profit Targets:
1) 7.468 - 25.0%
2) 7.968 - 25.0%
3) 8.573 - 25.0%
4) 9.653 - 25.0%
Trailing Configuration:
Entry: Percentage (0.5%)
Take-Profit: Percentage (0.5%)
Stop: Breakeven -
Trigger: Target (1)
DOTUSDT - Buy setup!!DOTUSDT (1D Chart) Technical analysis
DOTUSDT (1D Chart) Currently trading at $6.4
Buy level: Above $6.32
Stop loss: Below $5.5
TP1:$6.84
TP2: $7.48
TP3: $8.1
TP4: $9.5
Max Leverage 3x
Always keep Stop loss
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DOTThinking bottom will be put in next month at the 786% fib retracement lvl. Mainly because the 618% appears to be getting flipped into resistance. Otherwise I could count the correction complete if not for this pesky 618% resistance level
flipping into resistance. Once that confirms I will get very ugly for DOT. Also the falling triangle wedge bottom TL lines up nicely with the next level down 786% mid Nov. That said an overthrow of the wedge to test $4 in Oct would still be a valid C wave count and then up we go.