#DOT/USDT#DOT
The price is moving in a descending channel on the 1-hour frame and sticking to it well
We have a bounce from the lower limit of the descending channel and we are now touching this support at 0.400
We have a downtrend on the RSI indicator that is about to be broken, which supports the rise
We have a trend to stabilize above the moving average 100
Entry price 1.10
First target 4.26
Second target 4.40
Third target 4.62
Dotusdtshort
#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
This is in resistance (DOT)❤️❤️Thanks for boosting 🚀 and supporting us!
📈we are in big renge in daily and sell in ressistance.
📊 (sell) : 7.313
🔴 Stop Loss : 7.960
🎯 Take Profit : 6.558 - 5.968
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Polkadot - $3 Looms as Sellers DominateHi Traders, Investors and Speculators of Charts📈📉
Polkadot is currently trading 93% under it's ATH. Although this is bad news for most bag holders, the good news is that the bottom is either in - or very close.
There's no doubt that a bullish cycle is overdue, but not just yet. Technical indicators on lower timeframes show bears are still dominating, and there's a chance the price could fall lower once more before the accumulation phase finishes.
Incase you missed yesterday's update on Bitcoin, find it here 📈
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CryptoCheck
BINANCE:DOTUSDT BINANCE:DOTUSD
DOTUSDT likely heading down for daily support around 5.55The price has close below the weekly support which is not a good sign. It might reclaim it this week if it is still bullish but from probability point of view the price seems to be going lower from here. I expect the price to reach to the next weekly support which is sitting around 4.5 zone but there is a daily support in between which may hold the price. Therefore, let us focus on the daily support as a target first and then reevaluate the weekly support target. The daily support is sitting around 5.55.
DOT/USDT Perp, new ATL coming?? Greetings all, I am back with my analysis of DOT/USDT Perp. As the current mini bull run is reaching its conclusion, it's my belief that the bear market has not fully subsided. The current market price for DOT/USDT is $6.656. After having taken some profits from a previous long position, I think it is prudent to consider a retracement.
A close examination of the higher time frame market structure reveals that DOT/USD has yet to clear the previous November high. This is a crucial technical level, and as a result, I believe that a retracement to the $5 area is likely. In light of this, I have taken a small short position with a target of $5.5, where I plan to take profit. My invalidation level has been marked on the chart.
As always, I advise all traders to conduct their own research and manage their risk appropriately.
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.
DOT/USDT BREAKOUT READY TO PUMP 100%!!Hi guys, This is CryptoMojo, One of the most active trading view authors and fastest-growing communities.
Do consider following me for the latest updates and Long /Short calls on almost every exchange.
I post short mid and long-term trade setups too.
Let’s get to the chart!
I have tried my best to bring the best possible outcome in this chart, Do not consider it as financial advice.
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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