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Polkadot

Polkadot (DOT) - June 7hello? Traders, welcome. By "following", you can always get new information quickly. Please also click "Like". Have a good day. ------------------------------------- (DOTUSDT 1W Chart) The section below 9.26-10.13 may be a mid- to long-term investment area. To create a new wave, it must rise above 19.37. (1D chart) In the short and medium term, it needs to move above 10.13 and find support to turn into an uptrend. However, since the MACD-P indicator point is formed at 11.03, the key is whether it can rise above this point. If it falls below the 8.71-9.26 range, it may lead to further declines, so you need to trade cautiously. (buy) - After confirming the support in 11.03 (Stop Loss) - When it falls below 10.13 and receives resistance - When it falls below the 8.71-9.26 section (Sell) - When receiving resistance near 13.64 - When receiving resistance in the section 17.98-19.37 ------------------------------------------------------------ ----------------------------------------------------- ** All indicators are lagging indicators. Therefore, it is important to be aware that the indicator will move accordingly as price and volume move. However, for the sake of convenience, we are talking in reverse for the interpretation of the indicator. ** The MRHAB-T indicator used in the chart is an indicator of our channel that has not been released yet. ** The OBV indicator was re-created by applying a formula to the DepthHouse Trading indicator, an indicator disclosed by oh92. (Thanks for this.) ** Support or resistance is based on the closing price of the 1D chart. ** All descriptions are for reference only and do not guarantee a profit or loss in investment. (Short-term Stop Loss can be said to be a point where profit and loss can be preserved or additional entry can be made through split trading. It is a short-term investment perspective.) ---------------------------------
by readCrypto
DOT TA - Short term Trade HIGH Risk Reward Ratio 2h timeframeI opened a Long just few minutes ago. Let's see what will happen 🚀. Just remember: Stick to your plan and have a good risk management 👍 And that's the main reasons I decided to take a long on SOL : ► Bounce from the 0.618 fib level ► Retrace from the support line (yellow) ► Confirmation on the breakout (yellos) ► Momentum is shifting up ► High risk reward ratio Trading setup: Entry: $9.49 SL: 9.2 TP1: $10.59 (60% of position) TP2: $11.8 ⚡Just to notice. We are right now in a very volatile market phase in the crypto. Crazy and unpredictable things could happen. That's why you should use a stopp loss. ⚡ Disclaimer: DYOR. No financial advice. Just for your impression.
Long
by CryptoPlough
POLKADOT- Good swing ahead!!Hi everyone As the price made a jump from 8.55$ to around 10.75$ for DOTUSDT, the possibility of having bull market is becoming more likely. You can see a triangle pattern with 2 pushes down (H1&H2) if we get the indications of the 3rd push in the next couple of bars,we can hope for better price behavior in the future;So the indications are less sell pressure in the next couple of bars, a reversal pattern in around 8-12 bars from here and no breakout from the support level of 9.35$ or the bottom of our triangle. Hope this analysis helps you in a way. I will answer your questions,Just leave a comment below and PRESS THE LIKE BOTTOM please.
by HubAlgo
#Polkadot Breaks above the Middle BB, Buyers set Sight on $12Past Performance of Polkadot The rising crypto market tide is lifting Polkadot bulls, as per the performance in the daily chart. DOT is stable on the last trading day and up three percent in the previous trading week. Still, bulls appear to be building up, solidifying their base. Confirmation of the close above the middle BB of May 30 could spark demand, lifting DOT to new heights. #Polkadot Technical Analysis DOT prices are above the flexible resistance line (now support) in a bullish breakout for the first time in roughly two months. Although DOTUSDT is within the May 11 trade range, the probability of buyers adding to their longs and breaking above $12 remains high. Such a move will nullify bears and set the ball rolling for more gains in the immediate term. At spot rates, aggressive DOT buyers may buy the dips as long as prices are above last week's lows of $8.7 in anticipation of a leg up above May 11 highs. What to Expect from #DOT? The resurgence of digital assets positively impacts DOT as it is up in green, arresting sellers and reviving bulls. Still, gains above $12 could trigger more buying pressure, allowing Polkadot bulls to unwind deep losses from early April 2022. Resistance level to watch out for: $12 Support level to watch out for: $8.7 Disclaimer: Opinions expressed are not investment advice. Do your research.
Long
by Bitcoin_Analyzer
DOT in the downtrend channelHello everyone, let's take a look at the DOT to USDT chart over the 1 day timeframe. As you can see, the price is moving in the downtrend channel. Let's start with the support line and as you can see we are in the support zone from $ 11.36 to $ 8.07, then the first support in the near future is $ 7.28, if the support breaks, the next one is $ 4.34. Now let's move from the resistance line, as you can see the first resistance is $ 11.24, if you can break it the next resistance will be $ 13.68 and $ 15.63 plus $ 17.59. Looking at the CHOP indicator, we can see that we have a lot of energy in the 1-day range, looking at the MACD indicator we can see that the blue line is moving over the red one, but when it crosses the red one from above, it will confirm the continuation of the downward trend.
by cryptodailyuk
DOT/USDT - Potential Short ScenarioHello Traders! DOT is moving in a downtrend, developing a falling phase. We can expect a new consolidation in the buyers' area of interest at $3.90 - $5.40. It is possible to make medium-term purchases of the asset after the culmination of the sales. It is better to accumulate a position near the support level of $3.90 in the range of $3.90 - $4.60 It will be possible to continue to hold the position with the aim of fixing profits near the price level of $8.25 Good luck and watch out for the market P.S. This is an educational analysis that shall not be considered financial advice
Short
by UnknownUnicorn10064030
1
#Polkadot is up 37% from 2022 Pits; DOT Resistance at $12Past Performance of Polkadot DOT prices are relatively steady at spot rates but are up roughly 37 percent from 2022 lows. Bears still have an advantage and are in charge of the current trend. Notably, prices are oscillating inside the recent wide-ranging bear bar of May 18. This bar is inside the main sell candlestick of May 11, pointing to struggling bulls unable to contain the strong wave of selling pressure. DOT is up three percent in the past 24 hours at spot rates. #Polkadot Technical Analysis Currently, the primary trend is bearish. The immediate resistance levels stand at $12, flashing with May 11 highs, and the middle BB, the flexible liquidation level. This preview cancels bull optimism resulting from the series of higher highs relative to the lower BB from May 13. Every retracement towards $12 may see sellers liquidate with targets at May 2022 lows of around $7.5. However, there could be clear opportunities if DOT prices slide below $9.3. Risk-averse traders, bullish on DOT, must wait until there are solid gains above $12. Ideally, the expansion ought to be with rising trading volumes. This may build the foundation for another leg up to $14, retesting the Q1 2022 lows. What to Expect from #DOT? Polkadot has an active ecosystem with a novel model for scaling. As crypto prices recover, DOT will likely rise with the tide. Presently, DOT is in a precarious position and may dump if bulls fail to hold above key support levels. Resistance level to watch out for: $12 Support level to watch out for: $9.3 Disclaimer: Opinions expressed are not investment advice. Do your research.
Short
by Bitcoin_Analyzer
Polkadot (DOT) - May 18hello? Traders, welcome. By "following", you can always get new information quickly. Please also click "Like". Have a nice day. ------------------------------------- (DOTUSDT 1W Chart) The key is whether you can get support and rise in the volume profile section formed in the section 9.26-10.13. In order to continue the upward trend in the medium to long term, it should rise above the 18.42-19.37 section. (1D chart) Since 9.26-10.13 is a mid- to long-term investment area, careful trading is required. Therefore, it is important to see support by moving above 13.64. However, since a volume profile section is also formed around 19.37, it is expected that the upward trend can be continued only when it rises above 19.37. Therefore, below the 19.37 point, you need to conduct a transaction by purchase unit price to increase the number of coins you have in a transaction method that increases the number of coins for profit. If possible, we recommend making a full-fledged investment in Jinhae after confirming the support at 19.37. ------------------------------------------------------------ ------------------------------------------- ** All indicators are lagging indicators. Therefore, it is important to be aware that the indicator will move accordingly as price and volume move. However, for the sake of convenience, we are talking in reverse for the interpretation of the indicator. ** The MRHAB-T indicator used in the chart is an indicator of our channel that has not been released yet. ** The OBV indicator was re-created by applying a formula to the DepthHouse Trading indicator, an indicator disclosed by oh92. (Thanks for this.) ** Support or resistance is based on the closing price of the 1D chart. ** All descriptions are for reference only and do not guarantee a profit or loss in investment. (Short-term Stop Loss can be said to be a point where profit and loss can be preserved or additional entry can be made through split trading. It is a short-term investment perspective.) ---------------------------------
by readCrypto