DOTUSDT SHORT OUTLOOKHello Traders, this is outlook that i think might be work. All Entry, Stop Loss, and Take Profit its already showed up. All trade it is on yourself. DYOR.
DOTUSDT.P trade ideas
#DOTThe dot currency has gone through a complete correction cycle, and now it can break the downward structure after the first swing and pullback and move according to the direction. We can say that the current scenario has had an upward movement, considering A, and now wave B has ended, which will be confirmed by the failure of the swing.
🛡️📈 DOT Support Long Trade Setup 📈🛡️📊 Analysis:
Support Opportunity: DOT is currently trading at a support level, offering a potential entry point for a long trade.
Laddering Strategy: Plan to enter gradually into a long spot trade between $8.00 - $8.50 to capture the bounce from support.
Take Profit Targets: Aim for take-profit levels at $9.50 - $10.00 or $11.30 - $12.00, considering potential resistance areas.
Risk Management: Set a tight stop-loss at $7.80 to limit potential losses. Given the current volatility in the market and the recent downtrend in some altcoins, it's crucial to manage risk tightly.
📈 Trade Plan:
Entry: Initiate laddered long spot positions between $8.00 - $8.50.
Take Profit: Target potential resistance levels at $9.50 - $10.00 or $11.30 - $12.00 for profit-taking.
Stop Loss: Place a tight stop-loss order at $7.80 to manage risk in case of adverse price movements.
Risk Management: Continuously monitor price action and adjust strategy accordingly to respond to market dynamics and potential changes in support levels.
DOTUSDT- Bearish TrendPolkadot is in bearish trend on 1H timeframe. it is creating LL's and LH's and following a trendline. There is an indication that it will follow the bearish trend as there is no bullish divergence on RSI. Possible entry at fib level of .382
DOTUSDT - IN DOWN TREND with Bullish DivergenceDOTUSDT chart is printing LH & LL which shows DOT in Declining Phase But RSI is printing Bullish Divergence.
that's why I'm avoiding trade in this down trend.
DOTUSD is chnging trend as its RSI showing divergence DOTUSD is chnging trend as its RSI showing divergence in 4HOUR
Wave structure of DOT coin in weekly frameWeek is swing bullish
The price has passed the Strong Swing peak of the weekly frame
We buy and wait for the price to rise to the top of the weekly frame
Polkadot (DOT) - Bearish Short TermPolkadot (DOT) has also fell below the 20-day EMA & 50-day EMA on April, 2nd. Previous support level for DOT has been broken at: $8.67. A daily candle is going to close bellow this support level and both EMA's which is extremely bearish short term. Due to this, bears could push the price action down towards to around $8.20 area.
However, If Polkadot bulls can hold the price and rebound off $8.20 by the end of this week. Bulls will create a rally to retest $9.74 target shown from the chart. A break above this, bulls will have more momentum and attempt to push the price further to $11.88.
Key Levels:
-New Support= $8.02
-Previous Broken Support Level= $8.67
-Target= $9.74
*Resistance= $11.88
DOT/USDT 1DInterval Chart ReviewHello everyone, let's look at the 1D DOT to USDT chart as we can see that the price is moving below the local downtrend line.
Let's start by setting goals for the near future that we can include:
T1 = $9.67
T2 = $10.53
T3 = $11.89
AND
T4 = $12.86
Now let's move on to the stop-loss in case of further market declines:
SL1 = $8.22
SL2 = $7.23
AND
SL3 = $5.97
Looking at the RSI indicator, you can see a movement below the downtrend line, but it is worth noting that it is at support. However, the STOCH indicator shows a movement at the lower limit, below the downward trend line, which may result in maintaining the price.
DOT/USDTWe are in a good price to accumulate DOT and add more to our bags. It will go side ways for couple of days or maybe a week. As soon as we break 9.70$-9.90$ price we will pump to 15$ to 17$.
Be patient and you'll make money.
Polkadot(DOT): Breakdown Happened!Polkadot has had a really nice breakdown where the price got rejected from the 100 EMA zone.
With now crushing down the 200EMA as well, we are seeing a good chance of further movement here, so we are keeping our eyes open for a potential target zone to be reached!
Swallow Team
The DOT price action has broken below its ascending trendlineThe price of DOT has breached its previously established ascending trendline, suggesting a shift in market sentiment towards the downside.
First support area is $8.44, Second support area is $7.50 and third support area is $6.30. I hope we can regain the ascending trend before reaching the third support level.
DOT/USDTDOT is in a good position to buy and accumulate right now between prices of 9$ to 9.5$.
It's preparing for a huge move to 15$ and 17$. You can buy on spot and sit on the bag.
DYOR
DOTUSDT.PHello Trader BINANCE:DOTUSDT.P
rising wedge chart valid area when breakdown below 9,417 area, but if you want to short scalping can market price
take profit 6%
stop loss 1.5%
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Disclamer: Not Financial Advice
DOT seems very Bullish - This is the time for entryIf you have not taken any entry, now is the time. Don't miss this chance before it takes off. Lots of things are happening in Polkadot and this is under value right now. I can DOT rally is near.
DOTUSDT Analysis - Long-Term Opportunity !!Dotusdt has recently experienced a breakout followed by a retracement, indicating potential upward momentum. With signs pointing towards new highs, entering for the long term could be promising. However, it’s crucial to maintain a disciplined approach by implementing a stop loss to mitigate risks along the way
DOTUSDT (1D Chart) Technical analysis
DOTUSDT (1D Chart) Currently trading at $9.7
Buy level: Above $9.6
Stop loss: Below $7.7
TP1: $11
TP2: $13
TP3: $17
TP4: $23
Max Leverage 2x
Always keep Stop loss
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DOTUSDT is BullishDOT seems to have defined a higher low on daily time frame, and would now head towards previous higher high. Bulls are in control of the price action and a good rally of 20%-40% is expected from current levels. Targets are mentioned on the chart.
DOT SWING TRADE OPPORTUNITYIf the market gives us a long opportunity, I would enter on the levels mentioned below.
Long Entry DCA:
7.951
7.348
6.8
Stop Loss:
5.936
Risking 3% of portfolio
DOTUSDT - IN BEARISH TRENDDOTUSDT is trading in bearish trend in 1hr time frame as it is showing lower highs lower lows and confirmed by the formation of Shooting Star, Hanging Man, Evening Doji Star & Tweezers Top Candlesticks.
