HiAccording to my analysis, the scenario in front of Polkadat is like this. If it breaks the four-hour TR ceiling, it can have long goals, but if it does not break, it will go down to the TR floor.
DOTUSDT.P trade ideas
dot usdtDot/usdt has reached a order block in 4 hour time frame, after getting confirmation at 5 minutes , you can catch it.
Falling Wedge Pattern, and Moderate Bullish MomentumPolkadot is currently being traded within a significant support zone, presenting a favorable trading opportunity. On smaller timeframes, a falling wedge pattern has emerged, indicating the potential for an imminent breakout from this triangular formation. Moreover, the Relative Strength Index (RSI) is currently at the 58 level, suggesting moderate bullish momentum in the stock. This implies that buying pressure is stronger than selling pressure, yet it has not reached an overbought condition. With these factors in mind, traders can consider building a long position at the support level while implementing proper risk management techniques. This analysis indicates a potential upward movement in DOT's price in the near future.
dotusdt are you rdy? 400%🧨😉400% profit for dot cryptocurrency
Be ready for a sweet long and spot purchase of currency for currency.
Entry target $4,630 and desired targets
The first target is $9,579, the second target is $19,379, and the third target is $23,466 for 2023.
The time period for these targets can be said to occur in a week to several weeks because everything is done explosively in the digital currency market.
DOT LONG & SHORT TERM PERSPECTIVEHello 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 Still around a massive support zone.
For the bulls to kick in from a long-term perspective we need a break above the marked major swing high,
Then a shift in momentum would be confirmed from bearish to bullish.
Since, we are still around a support zone, and for the bulls to kick in from a short-term perspective, we need a break above the marked major swing high,
Then a movement higher would be expected,
Until that price is still overall bearish and price can still trade lower before reversal
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!
DOTUSDT-SCALP-SHORTAs you can see, after breaking the downward trend line, the price entered to a range channel and reacted to the ceiling and floor of this channel several times.
Now the price has reached the top and this channel, which is an important price action area, and according to the oscillator, we can receive a signal to enter the short position we can place an order on 5.4331 and consider the loss limit above the resistance range, and the price range of 5.2630 can be our target.
If this does not happen and the price breaks the resistance range, we can expect the price to grow up to the 5.6100 range.
DOT SHORT TERM BULLISH REVERSALHello 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/USDT What's next!
Price is still around a massive support zone, where we will be looking for new bullish movements,
However, we need some confirmation for the bulls to prove control!
For the bulls to kick in we need a break above the marked major swing high, then a movement higher would be expected.
Until that price is still overall bearish and price can still dive lower before reversal.
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 short testing Alpha PhantomHello friends, I'm testing my first phantom indicator, be patient, hopefully it will work well and by itself, it's on a 15min timeframe, so I'll be surprised, I'm not dealing with SL for now, I'll do it with pyramiding and moderate leverage with a low deposit.
DOT/USDTPA & TA of polka-Dot showing targets from top to bottom with trend analysis . Because of Btc transaction issues whales are concentrating their assets in these good fundamental tokens.
Share your thoughts! in constructive criticism. #PEACE
DOT: analysis for buying bagsMy impression is that DOT will move further toward my 1st target although eventually it just follows BTC and when I say follows I mean literally mimic it with a magnified movement. This means that despite DOT showing signs of bearishness if BTC starts pumping it will pump along.
On D1 I see many wicks on the bottom of the candles which means sells were absorbed but at the same time means that SL were triggered and people must have placed many orders below those wicks, orders which looks tasty to liquidity hunters.
On weekly the impression is we'll have a "darth maul" candles thich is sign of indecision (due to BTC ranging) but to which very often follows a continuation.
Here the chart:
I personally would love DOT below 5 USDT but this will happen only if BTC allows it. If all of a sudden we see a candlestick over 5.63 with enough volume this bearish scenario is invalidated.
This TA is just for long time frame investment, can give ideas for short terms trade but I think it's more useful in case you plan to buy since we're close to the bottom UNLESS I'm wrong and the bottom is in.
Good luck
DOTThe price has broken above the upper boundary of the descending channel, which could be a signal of a trend reversal. The nearest target for the bulls is a rise towards the 200 EMA.
are you ready for jump $dotWe are waiting to receive for long or short, but the reviews give more possibility of growth, so let's be optimistic.
#DOTUSDT #LQR #TOBTC #LaqiraProtocol ● If Break any side and confirmation you can open up to the specified limit on the short-term trading chart
• Important support and resistance are specified in the chart
• Levels are obtained from the intersection of the fib and static levels
• You can open a position after confirmation
• This analysis is not an offer to buy or sell
Inverted HammerGreen Inverted Hammer after a few red candles indicates that the buyers are holding the market and the buying pressure is holding the price. Which is a strong sign of trend reversal.
DOT/USDT 1DInterval Resistance and SupportHello everyone, I invite you to review the DOT chart on a one-day interval. At the beginning, we will mark with blue lines a downward triangle in which the price is currently moving.
Now we will move on to mark the price support spots and we can see that the price has dropped below the strong support at 0.618 FIB and is now facing a very strong support at $5.02, if it goes lower then the next support is at $4.24 .
Looking the other way, we can similarly determine the places of resistance that the price has to face. And here we see that first the price will have to break the resistance zone from $5.78 to $6.18, then the second resistance zone from $6.51 to $6.84, only after breaking above these two zones will we be further increases could be observed.
The CHOP index indicates that there is energy for the next move, the MACD indicates the transition to an uptrend, while the RSI is at the lower limit, thanks to which we have room for the price to start rising.
