Get started

Polcadot

Polcadot DOT price chooses the path to the end of the yearWe don't know what's going on in the #Polkadot project fundamentally, but we've heard almost nothing about their sensational parachains. So let's just write what we see on the #DOTUSDT chart 1️⃣ The #DOT price seems to have drawn an H&S figure and is hovering over an abyss. If it consolidates below $6, the fall may continue to $4.5, and in the worst case scenario, to $3 2️⃣ But as long as the #DOTUSD price is above $6-6.50, CRYPTOCAP:DOT holders can believe in a miracle and literally pray for a blue scenario. Its working out to the region of $17-17.50 will allow at least some to exit positions that have been held for 2-3 years. _____________________ Did you like our analysis? Leave a comment, like, and follow to get more
by P_S_trade
🚧DOTUSDT is Bullish now🚧 & many Traders don't see it 👀!!!Hi. BINANCE:DOTUSDT ➡️ the odds of another bullish Movement is Pretty high because the pattern which DOT is in, Is a Bullish wedge Pattern! Since The break out has not happened, there is no confirmation of a Bullish Movement But If It happens.... ✅ Due to the Ascending structure of the chart... 🟢 The odds of another Bullish Movement is High! 🟢 Bullish wedge is Visible on The chart! 🟢REEGULAR BULLISH Divergence 🟢 No break out yet! 🟢 FALLING WEDGE ✨Targets are: 🎯$7.830 🎯$8.150 🎯$8.530 🎯$8.950 🎯$9.300 🎯$9.700 ✅previous Analysis ❗ Note that if the WEDGE is broken down with the power of descending candles, our analysis will fail. Stay awesome my friends. _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ ✅Thank you, and for more ideas, hit ❤️Like❤️ and 🌟Follow🌟! ⚠️Things can change... The markets are always changing and even with all these signals, the market changes tend to be strong and fast!!
Long
by CobraVanguard
1
DOTUSDT.1DIn this daily DOT/USDT chart, we’re looking at a longer-term perspective of the price movement. The use of trend lines suggests a potential channel or wedge pattern forming, which is a common occurrence in markets and typically indicates areas of support and resistance that traders pay close attention to. The RSI is at 42.52, edging toward the lower end of the neutral zone but not signaling oversold conditions yet. This could imply a slight bearish bias or a cooling off period after a previous uptrend. The MACD is below the signal line and negative, which often points to bearish momentum. However, the histogram bars are quite small, indicating that while the bears might have control, the selling pressure is not particularly strong at the moment. The price is currently near the support level (S1), bouncing off from it. The placement of S1 in conjunction with the upward sloping trend line suggests this could be a critical level to hold for the price to maintain its overall bullish structure. Looking above, the resistance level (R2) is quite far from the current price, implying there could be significant upside potential if the price were to break through any intermediary resistance levels not marked on this chart. If I were trading this setup, I would watch for potential buy signals around S1, such as bullish candlestick patterns or a bounce with increased volume. Conversely, a break below S1 with significant volume might indicate a trend change, necessitating a reassessment of the bullish outlook. It’s always crucial to consider other factors that could influence the price of DOT, including broader cryptocurrency market trends, news related to the Polkadot ecosystem, and overall risk sentiment in the financial markets. With that in mind, maintaining a disciplined approach with proper risk management, such as setting stop-loss orders, is advisable.
by MarsSignals
DOT/USDT Downward wedge Secondary trend.Secondary trend. The price is near the dynamic support of the uptrend. A downtrend wedge has formed (secondary downtrend). Potential trend reversal zone in case of its breakthrough. Important support/resistance zones, trend and formations shown on the chart. At the moment it is interesting to work, because of the intersection zone of the uptrend (green) and the downtrend (secondary). Also there is a probability of breaking out stops before the reversal, as a rule, all put them under the trend line, it is important that the price does not stay under it for a long time. DOT/USDT Main Trend. Wedge.
by SpartaBTC
12
DOTUSDT 4H The price is in a price range and moves between support and resistance levels In the last collision with the ceiling of the channel, the price performs a sharp breakout downwards. After Sharp Kendall moves, it creates a long show. After the creation of Long Shodo and near the support, the selling pressure of the price decreases. Currently, the price is on the support level and can make higher returns. Due to the previous move, the price is expected to create a suffering box for the support procedure, and after that, by breaking, it can create a sharp movement.
by mohammadmahdibahadori
1