DOTUSDT.P trade ideas
DOT/USDT If DOT Success Breakout the resistance Easy to $13💎 DOT has certainly established itself as a notable player. Currently, DOT is on an upward trajectory, making another attempt to break through a key resistance area.
💎 Earlier, DOT faced rejection at this level, leading to a downward movement. A successful breach of this resistance zone could pave the way for a smoother climb for DOT, potentially allowing it to reach the targeted bearish OB area.
💎 However, should DOT once again fail to surpass this resistance barrier, it might retreat to the support level around $7.7. A more concerning scenario would see DOT descending further, possibly reaching the Bullish OB area.
💎 The Bullish OB zone becomes crucial in this context. For DOT to resume its upward trend, it is essential that it rebounds from this zone, regaining enough momentum to challenge the resistance once more. Failure to hold ground in the Bullish OB area and a subsequent breakdown could signal a shift in DOT's trend from bullish to bearish. Such a development could lead DOT back towards a more substantial demand area.
Dotusdt Bounces from strong zoneDOT has exhibited a notable bounce from the extreme demand zone, showcasing resilience in its price movement. This momentum suggests a potential for continued upward trajectory. It's advisable to monitor the chart closely for informed trading decisions.
This zone has been spotted far back in 2022, where it was tagged Area of Value AOV. For more on this check out here:
While anticipating further ascent, it's crucial to keep a keen eye on the extreme zone. In the event of a price retracement toward this area, it could present an opportune zone for buying.
The immediate and mid-term targets have been outlined on the chart, providing crucial reference points for potential price movement.
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dotFor a safer purchase, green points are recommended. We have previous resistances and a new resistance box
Polkadot looks good to buy nowI think it is a good opportunity to buy CRYPTOCAP:DOT now and the target for mid term is 9.5$ and 10.3$ in long term
For me any close lower than 8$ is a stop loss.
DOTUSDT4H time frame DOT analysis
The current price is $8.2. According to the yellow trend line, if it breaks upwards, targets 1 and 2 will probably be touched, and target 3 will be touched after them. Pay attention to the red support box at the bottom of the price. If we lose this area, we will see price correction to $7.5 and even lower levels of $6.9.
Technical analyst: Amir Hassan Salek
Long polkadotI am really promising on Dot, but not here actually. It's going to be dropped to 3.7-3.9. At that point, it would be great to buy. stop loss will be lesser than 3.5
LONG $DOTThere is a Wyckoff accumulation pattern beneath the bullish trend pattern that CRYPTOCAP:DOT has been following, you can trade within the trend line with your stop loss around $8.5 till we have a breakout from the bullish trend pattern. It's my first time publishing by the way, I am absolutely new to this. DYOR
DOT CORRECTION THEN IMPULSEHello Traders and everyone, I am Hadi Karaali, Known as SNIPERS_FX
If you like the idea, do not forget to support with a like and follow.
DOT WHAT'S NEXT!
As we can see price is still overall bullish trading inside this rising broadening wedge pattern.
However, price is sitting around our upper bound of this channel, where we will be looking for new bearish correction movement, Meanwhile, for the bears to kick in we need a break below the marked major swing low, then a movement lower would be expected.
If that happens, then as the price will be approaching our lower rising trendline, lining up with a strong demand zone, we will be looking for new longs as a trend following buy setups.
If you like this kind of analysis don't forget to like and follow
and as usual follow your trading plan and manage your risk.
Be patient and good luck!
DOT - Head and ShouldersThis chart shows that DOT will decrease about 10 percent because of the head and shoulders pattern and also Bitcoin is not stable thats why short is probably best option to do.
Risky DOTUSDT ...... POSITIONJust be careful about this candy!!!
Don't forget money management and be confident!!!!
DOTUSDT is BearishAfter forming a bearish RSI divergence on 1H time frame DOT is starting a bearish rally, lower highs and lower lows are printed and the momentum is expected to continue. Moreover, according to AB-CD pattern the projection of this move is below 7.8. Targets are mentioned on the chart.
CRYPTO : DOTUSDHigh momentum signal spotted.
Looking good with increasing volume and momentum.
Extremely good Reward to risk trade.
See if it is able to trending higher with strong momentum
✴️ Polkadot Analysis by Request (Name Your Altcoin)Here is the situation we are in: Many of you are asking for an analysis on Polkadot (DOTUSDT), and you know, this thing -technical analysis, is not an exact science. At the same time I can be clouded by my own bias which for many of the TOP Altcoins and Bitcoin is bearish.
So, I can read the chart for you, the signals and the potential scenarios that can develop from this point forward or, I can tell you what I think and what I see coming or, I can do both.
We have short-term, medium-term and long-term.
Short-term all the technicals are bullish but technicals and potential are two different things.
➖ From a bearish cycle, from bottom prices starts the new phase, a bullish wave.
➖ From a bullish wave or impulse, starts a correction or retrace.
A correction or retrace doesn't mean that the growth phase is over, it is more like a break but again, let's focus on what the chart says.
This wave final target is around $20-$23, which is the price level/range that worked as resistance back in March/April 2022.
We now have the bigger picture.
Knowing this we can appreciate the fact that any retrace or correction is just part of the bigger bullish wave.
Here we have the weekly timeframe since this move is already ongoing... If I showed you something like this, does it make sense?
This one looks more proportional:
Wave 3 can continue going and we get something like this:
And we go back to square one.
We cannot and do not try to predict how exactly the market will behave, price action and wave development can be impossible to predict. The points at which the rise stop can vary wildly from pair to pair... This is what we do, we predict the reversal, pick the bottom, buy and hold long-term.
➖ Once you hit bottom, the only place left to go is up.
➖ So once we have a great entry trading is easy, no risk involved.
Never mind that, let's go back and read the chart!
Here we have Polkadot (DOTUSDT) on the daily timeframe.
The chart is bullish as the RSI has a strong reading and prices are high up above EMA10.
Volume is high and continues to rise, it would be too early to say that this pair is set to print a retrace... Things can easily change.
➖ If prices break and close daily below $6.28 we can say that a correction is on its way. Any trading above this level and we continue aiming up.
➖ If Polkadot breaks the last high, $7.769, expect the $10/$11 resistance level to be tested next.
Now, just as there was a small retrace in November before additional growth (small retrace 1), there can be another one (small retrace 2):
These are some of the possibilities of what can happen next.
➖ Strongly bullish above $7
➖ Still bullish above $6.28
If it moves below warning... But we still get long-term growth.
See the "Related Ideas" below, the article title reads:
✴️ Polkadot's Downtrend Is Over... (Name Your Altcoin)
Thanks a lot for your continued support.
Namaste.
DOTUSDT 3D LONG📈Hi all. Timeframe 3D. DOTUSDT is at key resistance and trend line. I consider going long during a breakout/retest. Spot recruitment is also possible now near the green zone. Marked goals/levels on the chart.
DOT/USDT upward momentum? 👀🚀DOT Today Analysis💎 Paradisers, let’s closely examine #DOTUSDT as it’s currently demonstrating a notable market behavior. Poised near a significant resistance, it is anticipated to show a bullish movement from its support following a potential rejection.
💎 #POLKADOT recently overcame the robust resistance at $7.763 and is now approaching the higher resistance level at $9.614. Should CRYPTOCAP:DOT face a rejection at this level, we’re likely to see a bullish continuation from the support at $7.763. If it manages to sustain bullish momentum, it could then aim to conquer the stronger resistance at $10.770.
💎 However, given the inherent volatility of the crypto market, it's imperative to be prepared for different eventualities. If #DOT struggles to maintain its level above the $7.763 support, a recalibration of strategy might be in order. This could mean anticipating a bullish rebound from a lower support level at $6.369. Importantly, should CRYPTOCAP:DOT fall below this secondary support level, it could signal a change towards a bearish market trend. 🌴💰
DOT look juicyDOT really look nice as is currently in an uptrend in all TF but there are liquidity below and DOT is ready to grab that below before pushing higher...... Please don't be induced into this market but longing in CMP...... Wait for the liquidity to be swept before entering into it...
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DotAccording to the official announcement from Dot, the new version of the operating system will be released on January 25, 2024, which is equivalent to November 5, 2023. This version is known as Dot 2.0 and offers new features such as support for the Multi-Window feature, improved performance, and support for new devices.
Dot also announced that the beta version of the operating system will be available to users from January 15, 2024, which is equivalent to November 3, 2023. Users can visit the Dot website to download the beta version of the operating system
