DOT is BearishDOTUSDT is moving downwards and has printed an evening star candle which indicates a new lower high and possible continuation of bearish momentum.
DOTUSDT.PS trade ideas
See if it can rise above 6.207-6.280Hello traders!
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(DOTUSDT chart)
DOT corresponds to a coin that is expanding the coin ecosystem.
And, it is one of the coins that has not yet risen above the MS-Signal indicator on the 1M chart.
Accordingly, the key is whether the price can rise above 9.262 and maintain the price above the MS-Signal indicator on the 1M chart.
(1W chart)
To break out of the bottom zone, the price must rise above 6.207 and remain there.
However, the section where a full-fledged upward trend begins is expected to occur only when the price rises above 9.262-10.1307.
(1D chart)
Currently, the M-Signal indicator on the 1M chart is located above 7.187.
Accordingly, it is necessary to check whether the price can be maintained by rising above 5.382.
If that happens, it is expected to lead to an attempt to touch the M-Signal indicator on the 1M chart by rising to around 6.207-6.280.
If not, you should check for support around 4.876.
If it falls below 4.876, it will fall into the mid- to long-term investment area, that is, the bottom, so be careful.
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- The big picture
The full-fledged upward trend is expected to begin when the price rises above 29K.
This is the section expected to be touched in the next bull market, 81K-95K.
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** All explanations are for reference only and do not guarantee profit or loss in investment.
** Trading volume is displayed as a candle body based on 10EMA.
How to display (in order from darkest to darkest)
More than 3 times the trading volume of 10EMA > 2.5 times > 2.0 times > 1.25 times > Trading volume below 10EMA
** Even if you know other people’s know-how, it takes a considerable amount of time to make it your own.
** This chart was created using my know-how.
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DOTUSDT is BearishDOTUSDT is continuing a bearish rally as it has successfully printed a new lower high which was confirmed by an inverted hammer followed by three black crows.
$DOT hopped on this an hour ago look like it should keep going for range high where we see if it breaks bad and heads for $10ish
invalidation below yellow line looking for a flp of yellow for continuation
DOT/USDT , Accumulation zone?Indicates the average price before the asset pumps in 2020
The price is down 93.53% from its high.
We see each time on the weak reaction of the coin (breaking the resistance line of 434 days by 58.72%).
Now is in a descending channel of 462 days , the reaction to work out the wedge +42.40% - into the resistance of the upper boundary of the channel
The price is down to low values, pushing down, there is no positive news, is it all bad?
(Creating the illusion of a commodity that has no price. Buy what is based on your analysis, don't be manipulated! They turn your head in the other direction, in the direction of the spectacle, while the backstage is preparing the next scene for you!)
$DOT searching for the exit door of the descending channelPolkadot has been swinging in a bearish channel for a long time and it's now under a strong support in the $3.5 area. As a super project that other projects in this ecosystem follow its movements, if CRYPTOCAP:DOT crosses the 50WeeklyMA and exits this downward channel, the targets of $6.8 & $10 will be available.
Bitcoin?
Yes, everything in crypto depends on CRYPTOCAP:BTC movements.
Goodluck
DOT/USDT Potential Bullish Trajectories? 👀 🚀 DOT Today analys💎 Paradisers, turn your attention to DOTUSDT as it showcases intriguing dynamics, currently positioned within a demand zone, hinting at high probability of a bullish trajectory.
💎 In recent developments, DOT managed to break free from a descending pattern, embarking on an upward trend. However, it faced resistance at the 4.622 supply level. The prevailing sentiment suggests a potential bullish push from the 4.285 demand zone.
💎 Yet, if the DOT doesn't maintain this momentum, it might find support and initiate a bullish trend from the 4.022 demand level.
💎 A breach below the 4.022 demand level could signal a bearish downturn. It's worth noting that while some newcomers might be inclined to go long, it's crucial to stay vigilant and remain a step ahead in the market.
DOTUSDT LONGDOTUSDT LONG
Enter now
SL 5.381
TP1 5.76
TP2 5.87
Always take 75% on tp1 and leave the rest, SL to breakeven.
Lev 20x
DOT/USDT 4H Interval ChartI invite you to review the chart of DOT in pair with USDT. First, we will use the blue lines to mark the downward trend channel from which the price emerged with dynamic upward movements, moving along the locally created upward trend line.
Going further, we can move on to marking support areas when we start a larger correction. however, here we have significant support at the level of $5.04, which has kept the price from further declines for now, only after it is broken, we can see the price return to the support zone from $4.51 to $4.14.
Looking the other way, for now, an important level for further increases is the resistance at the price of $6.09; only after it is overcome and positively tested will we be able to see attempts at further increases in the DOT price.
Please look at the CHOP index, which indicates that there is still energy to make a move, the RSI indicator shows a visible rebound, adding the STOCH indicator, which shows a reflection from the lower end of the range and visible room for growth, we can see a continuation of the upward movement before the upcoming correction.
Polkadot - Mid / Long term price targetsPrice points
$4.05
$4.195
$5.77 (Mid/Long term target)
Polkadot (DOT) is a prominent blockchain project that operates as an open-source, sharded multichain protocol. It has several key features and components that set it apart in the blockchain space:
Multichain Protocol: Polkadot's primary function is to connect and secure a network of specialized blockchains, making it possible for these blockchains to interact and share data or assets across chains. This interoperability is not limited to tokens but encompasses any data or asset types.
Web3 and Decentralized Internet: Polkadot is often associated with the concept of Web3, which envisions a decentralized internet of blockchains. It provides the foundation for creating a more decentralized web where users have control and data can be shared seamlessly.
Layer-0 Metaprotocol: Polkadot is sometimes referred to as a "layer-0 metaprotocol" because it serves as the basis for a network of layer-1 blockchains known as parachains. These parachains operate in parallel and can be customized for specific use cases.
On-Chain Governance: Polkadot features an on-chain governance system that allows it to autonomously and forklessly update its codebase. This system operates based on the preferences of the token holder community, giving them a say in the network's evolution.
DOT Token: The native cryptocurrency of the Polkadot network is the DOT token. It serves three primary purposes:
Staking for Security: DOT tokens can be staked to secure the network and participate in block validation.
Network Governance: DOT holders can participate in governance decisions, including proposed protocol upgrades and changes.
Bonding for Parachains: DOT tokens are used to bond parachains to the Polkadot network, allowing these specialized chains to connect and interact with the wider ecosystem.
Polkadot's architecture comprises four core components:
Relay Chain: Often referred to as the "heart" of Polkadot, the Relay Chain facilitates consensus, interoperability, and shared security across the network. It plays a crucial role in connecting various parachains.
Parachains: These are independent chains within the Polkadot network that have their own tokens and can be optimized for specific use cases. Parachains can be connected to the Relay Chain to leverage its benefits.
Parathreads: Parathreads are similar to parachains but follow an economical pay-as-you-go model. They offer flexible connectivity, making them a cost-effective option for projects with varying connectivity needs.
Bridges: Bridges enable parachains and parathreads to connect and communicate with external blockchains, such as Ethereum. This connectivity enhances interoperability by allowing data and assets to flow between different blockchain ecosystems.
Polkadot's design and features make it a significant player in the blockchain industry, as it aims to address the challenges of interoperability and scalability, while also offering a governance mechanism that allows its community to shape the network's future.
DOTUSDT"As we enter the bullish season, the initial target to aim for is
target : 28 53 85 🎯.
This is based on a combination of technical analysis indicators and market trends.
However, it's important to approach trading with caution and adapt to changing market
conditions.
Keep an eye on key support and resistance levels, as well as any significant news or events that may impact the market.
Remember to use proper risk management techniques and consider setting profit targets along the way.
Happy trading!"
DOTUSDT is in Bearish TrendDOTUSDT fails to continue upward movement and has currently started a bearish rally on !H time frame by printing lower highs and lower lows.
SasanSeifi 💁♂ DOT ⏩ 5.50$ / 6$Hey there! In the weekly time frame, considering the break of the downtrend, the price managed to grow to the 4.80 range. In the medium term, the expectation is that the price will continue to grow towards the supply areas of 5.50 dollars/6 dollars. In case of growth, for a better understanding of the trend's continuation, observe how the price reacts to the resistance levels. The support range is at 4 dollars and 3.50 dollars. 📈💹🚀
🟢 Keep in mind that these are just scenarios, and it's important to conduct your own analysis and consider other factors before making any trading decisions 😊📈📉
❌ (DYOR)
⭕Of course, if you have any more inquiries or require further clarification, don't hesitate to reach out. I'm here to assist you!
🔹If you found this analysis helpful, please show your support by liking and commenting. Thank you! 🚀😊 🙌
DOT ANALYSIS🔮 #DOT Analysis
💰💰 #DOT was trading in a falling wedge patten and #DOT gave a prefect breakout. Now #DOT is facing a crucial resistance and If there is a close above the resistance then we will see a bullish move.🚀🚀
⁉️ What to do?
- We have marked crucial levels in the chart . We can trade according to the chart and make some profits. 🚀💸
🏷Remember, the crypto market is dynamic in nature and changes rapidly, so always use stop loss and take proper knowledge before investments.
#DOT #Cryptocurrency #Resistance #DYOR
DOTUSDT is in a Bullish TrendDOTUSDT Pair is consistently printing higher highs and higher lows, and is expected to continue this trend in near future also
DOT/USD---> ShortIt seems that DOT has touched daily resistance. So you have to be careful about Long position in short time.
#DOTUSDT💰 MIL:DOT broke out of the Falling Wedge on 3D chart📈 and currently testing $5.4 s/r zone👀
Looking for a breakout and rally✈️
Charts | Happy Trading
THE FALLING CHANNEL OF POLKADOT $DOTMIL:DOT price action has been in this falling channel since May 2022
Current critical price: $4.02 (price not seen since 2020)
MIL:DOT Price action needs to break out of falling channel for higher prices:
5.4, 6.8, 8.5, 10.7, 11.8
Else #dot price action will remain falling in it's channel to reach it's all time low of $2
✴️ Polkadot's Downtrend Is Over... (Name Your Altcoin)Polkadot's downtrend is coming to an end... How do we know this?
Just one signal will be enough when taken together with the broader market.
While DOTUSDT has been printing lower lows, the MACD has been printing higher lows (bullish divergence), this is true since March.
MACD:
Since the market is going bullish now, fully confirmed, Polkadot is soon to follow. You can expect a strong bullish wave to develop, months long.
Namaste.
Bulllish ideaHey all! seems like some of the most important projects can follow SOL and LINK example, leaving the accumulation zones and make some movements in a up trend.
Let's see! target for DOT: 9-10$ aprox
