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Dotusdtshort

#DOT/USDT#DOT The price is moving within a descending channel on the 1-hour frame, adhering well to it, and is heading towards a strong breakout and retest. We are seeing a bounce from the lower boundary of the descending channel, which is support at 4.05. We have a downtrend on the RSI indicator that is about to be broken and retested, which supports the upward trend. We are looking for stability above the 100 moving average. Entry price: 4.08 First target: 4.10 Second target: 4.15 Third target: 4.20
Long
by CryptoAnalystSignal
#DOT/USDT#DOT The price is moving within a descending channel on the 1-hour frame, adhering well to it, and is heading for a strong breakout and retest. We are seeing a bounce from the lower boundary of the descending channel, which is support at 4.22. We have a downtrend on the RSI indicator that is about to be broken and retested, supporting the upward trend. We are looking for stability above the 100 Moving Average. Entry price: 4.30 First target: 4.37 Second target: 4.46 Third target: 4.57
Long
by CryptoAnalystSignal
#DOT/USDT#DOT The price is moving in a descending channel on the 1-hour frame and is adhering to it well and is heading to break it upwards strongly We have a bounce from the lower limit of the descending channel, this support is at a price of 4.10 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 4.60 First target 5.40 Second target 6.02 Third target 6.80
Long
by CryptoAnalystSignal
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 📈 _______________________ 📢Follow us here on TradingView for daily updates and trade ideas on crypto , stocks and commodities 💎Hit like & Follow 👍 We thank you for your support ! CryptoCheck BINANCE:DOTUSDT BINANCE:DOTUSD
Short
by CryptoCheck-
10
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.
by angela_altair
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.
Short
by RS_CryptoAnalysis
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.
Short
by Sam_Trade_Analyzer
2