#DOTIn a downward trend of the 5.16 range, if there is no stabilization above this range, you can enter a trade for a sell position.Shortby alikze111
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. DYORShortby Cryptomoonfx1
DOTUSDT wants the breakout?DOTUSDT is testing the support level at $4.975. A support level is a price level at which there has been historically strong buying interest, preventing the price from falling further. For a potential bullish trade setup according to Plancton's Rules, the price needs to create a clear breakout above the static and dynamic daily resistance at $5.4. A breakout occurs when the price convincingly moves above a significant resistance level, indicating a potential shift in market sentiment from bearish to bullish. The static resistance at $5.4 represents a price level where selling pressure has historically been strong, limiting the upward movement of the price. The dynamic resistance could refer to a moving average or a trendline drawn on the daily chart, which also acts as a barrier to price appreciation. If the price of DOTUSDT successfully breaks above the $5.4 resistance level, it could signal a potential bullish trend reversal or a continuation of an existing uptrend. This breakout could attract further buying interest from traders looking to capitalize on the upward momentum. According to Plancton's Rules, a new long position is suggested if the price achieves the clear breakout above the $5.4 resistance level. A long position involves buying the asset with the expectation that its price will rise. โโโโโ Follow the Shrimp ๐ฆ Keep in mind. ๐ฃ Purple structure -> Monthly structure. ๐ด Red structure -> Weekly structure. ๐ต Blue structure -> Daily structure. ๐ก Yellow structure -> 4h structure. โซ๏ธ Black structure -> <= 1h structure. Follow the Shrimp ๐ฆ by InkyGripUpdated 181819
DOT/USDT Bullish Scenario๐ DOT has recently broke its support level and is currently in the phase of retesting, where the former support might act as a new resistance. There's a potential for the price to descend toward the demand zone ranging between $4.4 - $4.65. ๐Within this demand zone, there's a likelihood of the price experiencing a bounce, propelling it into an upward trajectory targeting the supply zone between $6.5 - $7. ๐However, if DOT swiftly reclaims its previous support-turned-resistance area, there's a chance it might not touch the demand zone and instead, ascend directly to challenge the resistance trendline and the supply region. Paradisers, keep your eyes peeled for these pivotal movements! Stay informed and trade wisely. ๐ดby MyCryptoParadise_Nathan12
Polkadot upward momentum !๐ ๐ฅ DOT today analysis ๐ It's currently hovering around a key support zone, having touched it twice, indicating potential moves on the horizon. ๐ Presently, Dot is nestled within a demand zone. If it sustains above this zone, we could witness a seamless bullish trajectory. However, if it falters, a bullish move might only materialize after a retest of the lower order block. ๐ Digging deeper, we've noticed a shift where demand transitioned into supply, leading to a notable downward shift in price. Ahead, there's a clear supply zone accompanied by bearishOB. It's highly probable that it will embark on a bullish journey to address this imbalance. ๐ In the dynamic world of crypto, staying informed and adaptable is key. Stay tuned for more updates and enjoy your trading journey Longby MyCryptoParadise_Simon6
All forget about DOT, but we long it)We ending correction and ready go to up. I wait 7$ 1 tp Longby CryptoVVP4
DOT - Still Bearish Considering: A new lower low was made (at 4.20) without RSI Divergence The descending trendline is acting as strong resistance Then the higher probability is that we will see a new lower low soon.Shortby Stoic-Trader3
DOT. Still...?My attitude towards Polkadot is neutral. I just donโt understand where to use it and whether it makes sense. There was a lot of noise, capitalization caught up with a multi-billion $, but is it justified...? So far, it's hard to say, at first glance, no. The only thing that comes to mind is a tweet from Polkadot's official twitter that they are not a security. It seems that Gavin Wood himself wrote it in ecstasy.by Tropnik6
DOTUSDTWith the completion of the previous trend, which was the beginning of the stop of the downward trend, here we have to wait for a break from the top to the next red zoneby ahmadarz4
DOT/USDT - Potential Trend Reversal to BullishThis pair has formed 2 immediate bullish reversal patterns one is double bottom and another one is a falling wedge which indicates a potential upward swing.Longby muhammadwaqar92
DOT to $1?if this is a continuation pattern, DOT could reach lows around $1 :eyes:Shortby b6d1016fdeb149be865b678a8ac935220
DOTUSD โ support areaTD Sequential has formed an up reversal signal on the 4H TF. On 1H TF we can see that price and RSI chart formed a convergence. The price chart broke up through the 50EMA (30m TF) I believe the asset will bounce if it holds the current support.Longby Solldy4410
DOUTSDT If break daily sppourt blue colur then rechk 4hour 5.10 level can open shortShortby xoxosoft22
Dot HTF Elliot Wi present my interpretation for DOT EW . let me know if you have a better understanding by Geo-BIT114
DOTUSDThello Traders, As we can see on the graph DOT is forming a cypher pattern in 1 day chart which is bearish as per the technical if DOT broke downward then it will free fall use proper stop loss if you are trading DOT.Shortby hellomgaurav1
DOTUSDT broke the trendHello everyone Recently discussed DOTUSDT. According to the previous idea, we reached the 1st goal by 5.4. But then the price broke the trend, so there is no need to talk about achieving the 2nd goal. At the moment, the price is trampling at the lower level, it is also the resistance level of 5.15 and has been for quite a long time. Therefore, most likely we will go down to the level of 4.7Shortby CRYPTOVALUTCHIK5
DOTUSDT Short Setup!DOTUSDT Technical analysis update Short level: $5.120 - $5.150 Stop loss : $5.25 Take Profit 1 : $5.01 Take Profit 2 : $4.85 Take Profit 3 : $4.66 Always Keep Stop loss Thanks HexaShortby HexaTrades335
Keep an eye on $DOT/USDTDid you find this crypto market analysis helpful? Stay updated about the latest crypto market update. Please continue to follow my analysis and feel free to ask any queries, you may have. I am here to assist you. TradingView: @FarmanBangashh Longby frmnCapital5
DOTUSDT-SidewaysSell stop: 5.09 SL: 5.12 Lot: 333.3 R: 1% Buy Stop: 5.396 SL : 5.33 R: 1% Lot: 151.5 by khizar62abbas0
DOT/USDT - Sideways Trade PlanDOT/USDT is moving sideways in the 1-hour time frame. We can trade this pair based on their support and resistance levels if the pair breaks the 2nd resistant level we may enter a long position having SL below 1st resistance. Also, we may place a sell stop on the breakdown of the 2nd support level with SL above 1st support.by muhammadwaqar90
DOTUSDT 1HDOT/USDT Watching these levels can be useful to identify potential entry points: it is currently showing supports at 5,162 and 5,119. This indicates that these are the price levels at which buying pressure has historically entered and reversed a downward trend. Considered short-term targets or points to consider taking profits: On the resistance side, we see hurdles at 5,238 and 5,258. The MACD , a trend-following indicator that shows momentum, is pointing down. This can indicate a downtrend or a loss of momentum in the uptrend. The RSI , an indicator of momentum, shows exhaustion of selling forces. This could suggest that price action may start to reverse into an uptrend if there are no more bears to push the price lower. The Chop indicator is at 43.17 which is below 50 which is generally considered a trending market. So, although there is some degree of consolidation, the price is still moving significantly. Given the "needle" move (a quick downward price move followed by an equally quick rebound) it is possible that price action is bouncing back, these moves are quite common on Sundays in the cryptocurrency market.Longby ferulianov2
DOTUSDT Sideways Trading Strategy! ๐ DOTUSDT Sideways Trading Strategy! ๐ #DOTUSDT #Cryptocurrency #TradingStrategy #TechnicalAnalysis #SidewaysMarket Greetings, fellow traders! ๐ Today, I have an exciting trading opportunity in the DOTUSDT cryptocurrency pair. The 1-hour chart reveals a sideways market, lacking a clear bearish or bullish trend. To capitalize on this situation, I have devised two trade plans utilizing buy stop and sell stop orders, strategically aligned with key support and resistance levels. ๐ Trade Plan 1 - Sell Stop ๐ ๐ฏ Entry: At S2, 5.100 ๐ก๏ธ Stop Loss: Above S1, 5.160 ๐ฏ Take Profit: 1:1 at 5.040 In this plan, we aim to profit from potential downside movement within the current sideways range. The entry at S2 suggests a bearish continuation, while the stop loss placed above S1 provides a safeguard in case of any price reversals. The take profit target of 5.040 offers a balanced reward-to-risk ratio. ๐ Trade Plan 2 - Buy Stop ๐ ๐ฏ Entry: At R2, 5.336 ๐ก๏ธ Stop Loss: Below R1, 5.273 ๐ฏ Take Profit: 1:1 at 5.399 With this plan, we seek to benefit from potential upward momentum. The entry above R2 indicates a bullish breakout, and the stop loss positioned below R1 helps manage risk effectively. The take profit target at 5.399 ensures a 1:1 risk-to-reward ratio, aiming for a feasible profit within the range. As a responsible analyst, I must emphasize the importance of risk management in your trading endeavors. Trading sideways markets can be challenging, so it's crucial to use appropriate position sizing and not invest more than you can afford to lose. Best of luck! ๐ Happy trading! ๐๐น by T-Q1