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DOTUSD trade ideas

DOT Weekly Analysis - Are We Going to $5 or $15!?DOT broke out of its descending wedge pattern last week with a bull bar closing near its high, a strong breakout bar. Since then, the price has pulled back to the 30EMA, but will it hold? Bitcoin is currently pulling back from its Weekly bull channel resistance as depicted in my Bitcoin 4HR and Weekly analysis. DOT will likely follow its lead with the broader market sentiment and pull back to the top of the descending wedge. If you're looking for a long, you could fade your position from here to the $5 mark and wait for a buy signal and a strong bull confirmation bar closing near its high. For the next couple of weeks, I expect the price to pull back and drip toward the downside. Key Points 1. Breakout from Descending Wedge! 2. Pullback to 30EMA 3. Pullback may continue to the top of the wedge. 4. Bitcoin Leading Indicator, Pulling Back 5. RSI is just above 50.00, Room to Fall You are solely responsible for your trades, trade at your own risk! Let us know what you think in the comment section below!
BINANCE:DOTUSD
by TraderEngineering
DOTUSD support and Resistance levelPolkadot still solid inside channel up pattern, this is a great progress for bullish. This week DOTUSD try to break resistance 1 level, but it failed and almost reach channel up support. Target from channel up support at resistance 2 at $5.06 with maximum target at resistance 3 at $5.69 If channel up pattern break down, Polkadot still have fibonacci support at $4.05 to hold bearish movement If you have any question about this analysis, let me know at comment below.
BINANCE:DOTUSDLong
by AzrulAzir
11
DOT & Market coming down?I have a portions staked and plan on buying more but I am happily going to swing trade the portions I took out of the market. I saved myself from some major losses of gains and I PROTECT MY PROFITS!! I want you to protect your profits. Plenty of people that were long term investors of all crypto were shaken out. They went long or short 5 min early or late & missed their ride in the wrong hood. They are now not there to help pump the price or volume and if Blackrock can watch the blood dry and then come in for the Bull run in the BULL market they would rather. This I believe is the BEAR market bull run. Now I have a larger portion to swing trade with. Be safe. Good luck. This is not financial advice. Everything can shoot the moon and also go down the toilet. I hope the best for the ones who were wiped out today.
BITSTAMP:DOTUSD
by Polarbearman
Will DOT price Reach $6?Market Context: Polkadot (DOT) is showing bullish signs, especially after breaking a long-standing resistance trendline. Current Status: DOT is trading at $4.52, forming a Doji candle to retest the broken trendline. Resistance Level: A strong supply zone exists at the $5.57 mark. Technical Indicators - EMA: The 50-day EMA is rising and teasing a bullish crossover with the 200-day EMA. Technical Indicators - MACD: MACD and signal lines are rising, indicating bullish momentum. Recent Performance: DOT has bounced by 24% in the last two weeks. Potential Targets: If DOT breaks above $4.70, it could aim for $6. Downside Risk: A failure to break the $5.57 resistance could lead to a retest of the $4 mark. Market Sentiment: Overall sentiment is optimistic, especially with the bullish breakout above $4.50. Long-Term Trend: Polkadot aims to conclude 2023 on a bullish note. Market Catalysts: A bullish breakout could significantly increase the chances of reaching the $6 mark. Long-Term Outlook: Polkadot price predictions remain optimistic for the coming months.
BINANCE:DOTUSDLong
by Coinpedia-Market-Insight
1
Polkadot FINALLY Been watching for a good long while. We have broken the trend and back tested in low time frames IMO. Risk to reward.. I am taking a chance with now. Already bought and staked today. Sold a few of my Solana for the DOT. Yes they are unlocking more DOT coins and selling(possibly OTC). Yes this could be a bad idea but we will know in 3-6 months I am guessing. Don't play with what you cannot watch go away. DOT could go to ZERO none of my ideas are EVER financial advice. Have been seeing videos and posts of SOL going to 3K.... I am guessing we are about to see a selloff. Be safe Y'all and good luck!!
COINBASE:DOTUSDLong
by Polarbearman
2
DOT.USD (Full Analysis Long Term)Hello my dear Followers. How are you? I hope you feel great. It's a new day and I want to talk about Polkadot (DOT) Please pay attention that it's NOT financial advice because it's just a new vision that belongs to me. and I'm sharing this analysis with you. So, please be aware and watch the market. So, let's go into details. I used the Fibonacci channel to analyze this chart. 0 is the bottom of the chart. 0.5 is the midline and 1 is the top of the Fibonacci channel. and so on I want to check this asset in the daily time frame. Based on the information we had, we are still in a bearish trend. And expect to drop more. Today market raised and I think it's just a pull-back to a lost support. Please don't FOMO. This market needs to drop more. According to my latest analysis about USDT.D, I expect this item to still go higher and higher. although the DXY is bullish too. BTC.D is Bullish Too. if BTC.D is bullish and Bitcoin drops, the altcoins drop more than you think. It means that the market needs more correction. There are four support zones for this asset, but just two zones are essential. Let me define these zones for you. I believe that the main zones for Polkadot are 2.06 and 1.07 USD. I don’t want to tell you the Polkadot will drop to 1.07 USD, I just tell you this zone (1.07 USD) is the last support and it might never touch the price. the main support for Polkadot is 2.06 USD. You should buy your asset at the cheapest price, so, you should be patient. I want to put in my order of 2.06 USD to buy a Polkadot. By the way, you should watch the market. Because bad news is coming. And they are really effective in this market. The main correction wave has not started yet. I want to refer you to my last analysis of BTC.USD in a weekly time Frame. we are still in the B wave and the C wave has not started yet. It was my duty to warn you and tell you all the truth. Sooner or later, but the correction is sure. Please be patient. Control your emotions. Opportunities in the market flow smoothly like a river. It was my duty to tell you all things you need to know. Please don’t forget to write your comments ✍️✍️ Like 👍👍 and Share 👌👌 this vision with your friends. And tell me do you agree with me or not? Good Luck Ho3ein.mnD
BINANCE:DOTUSDShort
by Sticky-Stock