DOT - Monthly Chart - View for 2024DOT chart, i feel we are in a good spot to buy this here for a nice move up. Long03:07by TraderRiz2
Buy today, and we'll see you in December 2024.I feel that today is still a good buying opportunity. There were people who bought at $10 thinking it was cheap, although today it is 50% cheaper... Now, logically, you should have been buying. An excellent entry point was buying DOT at less than $5, ideally in the $4 range. However, if you haven't bought yet, don't regret buying DOT at $1 more. It's worse to buy when it's already at $7 in this Christmas rally.Longby winnerwinnerchickendinnerWINUpdated 35
DOT ANALYSIS (6H)From where I inserted "Start" on the chart, it seems that the price entered a correction. This correction is a triangle or a more complex pattern (diametric or symmetrical). From the green area, it can move towards the targets. Closing a daily candle below the invalidation level will invalidate the analysis For risk management, please don't forget stop loss and capital management When we reach the first target, save some profit and then change the stop to entry Comment if you have any questions Thank Youby behdarkUpdated 117
Dot Making two scenarios one is bullish second one is BearishDot is testing the 200 EMA a key level holding strong since 22nd April. Butt at the same time it already break the descending trendline which make a bullish trend. As we see market is already in Bullish Mode so i am expecting a 30% bullish movement once it break 7.50 with Sl 6.20. Once it break the EMA 200 you can easily aim for 8,10 and the final one is 11,Longby Kat-Crypto-Street10
#DOT Possible Scenario 🔥#DOT Possible Scenario 🔥 Bounce from Trendline Bounce from support zone High volume breakout. See you on the Moon 🌙 Longby EtoYa7773
DOT We see a classic ascending triangle pattern in the chart. In my opinion, this is one of the best positions in the market. Good luckLongby aliamir91baba339
DOT We see a classic ascending triangle pattern in the chart. In my opinion, this is one of the best positions in the market. Good luckLongby aliamir91baba4
DOTUSDT Dotusdt is in bearish trend testing fib 0.5-0.618 with channel top making LH , with no divergence at bottom Shortby Trade_WithOsama3
$DOT weakening structure#polkadot #dot price chart is exhausted after the relief rally, needs some correction in MID TERM, not short term. Not financial advice.by naphyse110
dot long signaldot price action going down rsi moving up forming bullish divergence Longby ironman85202
DOTUSD 1WDOT ~ 1W #DOT We hope that this Support Block will be retested again. And we wouldn't hesitate to place a sizable purchase here. with a long-term target of at least 25%+Longby CryptoNuclear1115
UPDATE ON POLKADOT - FINAL MOVE BEFORE THE BULL RUN First of all you should see this scenario for CONTEXT. Look at how perfectly price have been reacting to this chart. Here is an update with a potential 3RR trade setup. I feel... why not take advantage of the opportunity that presents itself but don't forget this is just us trying to make money on both bear and bull market the overall target on the mid - long term still remains bullish and our next DCA region is within the box below (typically where we will be taking profit for the SHORT trade). BINANCE:DOTUSDT The ideal Entry is $7.746 being 1:1 if this potential wave 4-green turns out to be a Flat while the invalidation / stop loss is $8.509 (approximately 10%) and take profit is at $5.446 (3RR) approximately 30% But it is possible we miss that perfect entry if the POTENTIAL wave 4-green turns out to be a Triangle as shown on the chart. So if you're not looking for perfect entry, you can also position from this point the only not so good news is that the risk reward ratio become 2 thereabout. EDUCATION This section is for those who still can't fully interpret my chart. so you noticed from the explanation above concerning the trade setup. There are 2 scenarios but represent on one chart and differentiated using the DOTTED & DASHED LINE. This is how you understand my charts when you see these lines. I also believe you now know why you should also read every chart descriptions coz if you didn't read the one above now you'll have to go read it and for those that didn't read it at all :)skull. OTHER ANALYSIS Shortby DewyCandlesUpdated 7
Polkadot (DOT): Touching Again EMAs (100&200) Polkadot has again reached the zone of EMAs and is currently looking pretty strong. We are now keeping an eye on a potential rejection from our current zone. If we get one, movement to lower zones will start (as it has been after rejecting EMAs). Swallow TeamShortby SwallowPremiumUpdated 997
polkadotdot Technival analysis basically on elliott waves Principles dot can be make a new high and i guess it can be 44$ wait and watchby Allver_Fx5
DOT Intraday Buzz: Dive into Profit Potential Now!The chart highlights breakout/rejection points, criteria, and targets to execute on the trade opportunity. Find more in the signature!by Trade-Lean3
DOT is likely to head towards monthly resistance around 20The price has been consolidating on the weekly and monthly support WS1+MS1 area for quite some time and looks like ready to take off from here. I think the path is clear to travel from here up to monthly resistance around 20.Longby angela_altairUpdated 9
DOT/USDT descending channel what next?👀🚀DOT analysis💎 Paradisers, #DOTUSDT is currently nicely tracking a channel trajectory. Will this lead to a swift continuation of the prevailing downtrend, or are we entering a period of uncertainty for sellers? Let’s explore what’s likely to happen next. 💎 It's important to highlight that #DOT has broken below both the downtrend trendline and the 200-day Simple Moving Average (SMA) on the daily chart. This bearish behavior indicates that bears are firmly in control, suggesting a likely continuation of the downtrend. 💎 Currently, #POLKADOT is positioned near a channel resistance that might attract potential sellers. Yet, we must be wary of potential price spikes upward, often seen as "stop-loss hunting" events. Such movements can introduce temporary volatility and challenge the prevailing bearish sentiment. 💎 However, as long as #DOT remains under the crucial supply zone level of $7.531, the scales are tipped in favor of a continued bearish trend. Should the price break above this supply level, then a bullish shift might be on the horizon. Staying vigilant and trading wisely is essential for success in these market conditions. MyCryptoParadise iFeel the success🌴 by MyCryptoParadiseUpdated 8823
take a short on the dot as a positional traderthe short sign just under a S & R zone .risk of around 1:1.24 percent .looks savvyby mashemo110
Polkadot📊Analysis by AhmadArz: This is the time when we are looking for the best points to buy in this chart so that we can double the capital.🚀 🔗"Uncover new opportunities in the world of cryptocurrencies with AhmadArz. 💡Join us on TradingView and expand your investment knowledge with our five years of experience in financial markets." 🚀Please boost and💬 comment to share your thoughts with us!by ahmadarz6
Polkadot Tealeaf AugurSwing trade This is a loose plan, trend following with some target levels . I now believe it's almost impossible to predict exact movements like I used to try to in some of my older calls based on classical patterns, waves, Wyckoff etc. The mind kind of sees what it wants to. If it works great, but I've had my biases really distort what's actually on the chart too many times now. I am biased on the long side because of the sector's bullishness overall. There's also an upcoming Polkadot 2.0 upgrade early 2024 that should move prices. Polkadot has somewhat underperformed compared to other alts and that gives us a better risk reward ratio and more room for growth. The pattern playing out looks very similar to what Theta/USDT did recently so this trade could be over rather quickly. I've been accumulating since Oct Nov under $6 without a trading plan, got blindsided by the retracement that started after Christmas and now moved my stop loss to breakeven. Here's how I'm trading this going forward: Strategy / Trading Plan Looking for entries using the 4 hour, look for a pull back to baseline or below using half of your position and using an oscillator to time on a lower time frame. If the direction proves correct start pyramid into pullbacks around the baseline of the Keltner Channel 2,1 ratio or skyscraper in for a more aggressive approach. Risk Management The stop loss is just below the recent double bottom (~7.22), adjust to your risk tolerance, some other places to consider are just below either 7.78 or 8.34. Move stop to break even as soon as it makes sense and adjust a trailing stop loss to taste as the price moves in your favor. Goodluck and happy trading. -Hexxiby HexxiUpdated 339
📈In-Depth Analysis of DOT: Long or Short Position?🔔🔍As we approach the ceiling of the trading range, it's time to pause and assess the decisions of the major players in the market. Understanding the dynamics between buyers and sellers, we aim to determine whether to take a long or short position. Today, we delve into the analysis of DOT, a coin that, like many others, is currently grappling with the resistance level without managing to consolidate above 7.455. 📈If we anticipate entering a long position after breaking the trend line, it implies a journey towards the lower end of the box, potentially around the support level of 6.275. With a 15% distance from the ceiling to the floor of the box, it presents an opportunity to open a suitable position in the futures market and ride it out until the floor of the box. The short trigger stands at 7.045, where a break in the shorter time frames like 1-hour or 15 minutes can offer a low-risk entry with quick risk-to-reward capture. ✅It's advisable to refrain from expecting high risk-to-reward ratios while within the range of 6.275 to 7.455. Settle for risk-to-reward ratios of 2 or 3 to ensure profit potential without being overly exposed to market fluctuations. ⚡️In the event of a breakout above 7.455, considering a long position requires a different approach. Given the anticipation of a new trend, setting stop-loss levels should align with the emerging trend rather than tight stop-losses to avoid premature exits. The previous model suits range-bound markets where lower risk-to-reward ratios suffice. However, for a potential upward move in the 4-hour timeframe, exercising patience for price action confirmation is crucial. Targets can be dynamically adjusted based on price behavior. 💥For a long position, a break above the 70 RSI line can serve as a confirmation of a sharp move upwards. As for the short position, attention to volume dynamics is essential, especially if the volume is gradually declining, indicating a forthcoming sharp market move. 📝To sum up, we have outlined strategies for both long and short positions in DOT. Whether the market undergoes a downturn and breaks below 6.275 or rallies above 7.455, traders can capitalize on either scenario. Additionally, considering the potential fakeouts, maintaining vigilance and adapting strategies accordingly is paramount for successful trading. 🧠💼It's important to acknowledge the inherent risks in futures trading, with the potential for margin calls if risk management is neglected. Always adhere to strict capital management principles and utilize stop-loss orders, ensuring that the initial target offers a risk-to-reward ratio of 2by itsparham964
DOT Inside a Range Trading PatternDOT Inside a Range Trading Pattern The price is moving inside a range trading pattern in the 60 min chart thus rising the chances for DOT to test the top of the pattern near 7.45 📺You may watch the video for further details📺 Thank you and Good Luck! ❤️PS: Please support with a like or comment if you find this analysis useful for your trading day❤️Long01:45by KlejdiCuni12
DOTUSDT currently the candle respecting the fib 0.61 if it breaks then we see 0.786 and then we are going to see this type of price action in like 3 to 4 months by AhsanSAbir3