DOT Price DOT token persisted in forming the lower low swings and made a descending triangle pattern.
DOTUSDT trade ideas
DOTUSDT - Bullish Strenth shown in RSI -Broken falling wedge DOTUSDT haven't done good progress in this bull cycle so far and retest it major support.
The structure is still sustain, I can see a great upside potential.
Take Profit target are high lighted. (7.7,9.3,10.5) USDT is on the cards.
Bullish divergence has formed on daily time frame and expecting to hit targets in next couple of weeks.
happy trading and keep learning
POLKADOT - UPDATE -$20 INCOMING AFTER THIS POSSIBLE LAST RETRACE
This is an update on $dotusdt. It now seems clear to me that we have completed the primary degree wave 1-yellow and we are in some kind FLAT for wave 2-yellow which we will be ending coming days or weeks at around the 50-70% Fibonacci zone.
The next point of interest or right place to DCA is anywhere withing the box. Remember I warned you about all these huge pullbacks happening and I told you to position yourselves by buying in parts and not diving in all at once.
Also do not forget that we might not see the last leg (wave 5-green) and the whole FLAT might become a combo making it a RUNNING FLAT thereby moving price to the next target at $15 and above. That is why we don't wait for perfect entry instead we DCA in.
OTHER ANALYSIS
POLKADOT
Other than fundamental analysis that could alter this, BINANCE:DOTUSDT have no business going any lower. We have been accumulating Polkadot for a while now and we're well averagely.
PREVIOUS ANALYSIS
OTHER ANALYSIS
BINANCE:CYBERUSDT
BITFINEX:APEUST
BINANCE:BTCUSDT
OKX:BLURUSDT
MEXC:AZEROUSDT
Rounding Bottom Formation Looks like a rounding bottom is being formed. Coincides with the breakout currently.
Price holds above 6 USD . Time to go Long Price holds above 6 USD . Switches to retracement after breakout .
Long to 8.5 USD
Recharted : DOT to fall below 5 USDRecharted my previous view for a more accurate long term view. Price dropped below major support at 5.8 and retraced.
Looks like the fall will continue to the 4 USD region still
DOTUSDTPolkadot (DOT) retraced to the golden pocket after a very good impulse to the upside from the bear market low. This is looking like a very promising chart. It can have a good impulse to the upside for its Wave 3.
Failed Breakout ? DOT Price to 4 USD region Looks like price failed to break above 6.4 USD region.
MACD on 4hr is bearish . Think price can fall to support at 4.4 USD from here
There is a high likelihood of continuing to fall!!!KUCOIN:DOTUSDT is forming a descending channel on weekly timeframe.
Looking for a move upside if we do break out and confirm the pattern.
✨Traders, if you liked this idea or have your opinion on it, write in the comments, We will be glad.
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⚠️Things can change...
The markets are always changing and even with all these signals, the market changes tend to be strong and fast!!
DOTUSDTDOTUSDT is looking very strong.
Buyers seems to be very interested and will put the price at 8.5 level.
DOT/USDT Price Update in Daily TimeframeHello everyone, I’m Cryptorphic.
For the past seven years, I’ve been sharing insightful charts and analysis.
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~ Charts supported by critical fundamentals.
Now, let’s dive into this chart analysis:
#DOTUSDT is currently trading within a well-defined descending triangle pattern with strong support around the $5.5-$6 range.
~ Support Zone: A strong support zone exists between $5.5 and $6, highlighted in green. This area has historically acted as a significant support level, preventing further downward movement.
~ Resistance Levels: The primary resistance levels to watch are $7.6 and the major resistance at $11.58, which aligns with the peak levels from early 2024.
~ Relative Strength Index (RSI): The RSI indicator at the bottom of the chart shows a bullish divergence, with the RSI making higher lows while the price makes lower lows. This divergence often precedes a potential bullish reversal.
If DOT/USDT breaks above the descending triangle, the 100EMA, and the primary resistance levels, the measured move target from the breakout point suggests a potential rally up to approximately $12.
The invalidation point will be a breakdown and close below the $5.5 support level.
DYOR. NFA.
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DOT: Both Moves Are PossibleDOT: Both Moves Are Possible
DOT is moving in a corrective pattern. It looks like it will rise but as
I see DOT is showing the chances for both moves.
A move above or below the pattern will show the next price direction.
Considering BTC latest developments we can see DOT moving down again.
You may find more details in the chart!
Thank you and Good Luck!
❤️PS: Please support with a like or comment if you find this analysis useful for your trading day❤️
DOTUSDT is BullishPrice was in a strong downtrend, and it has given a breakout from the trendline, following bullish RSI divergence at hourly time frame, suggesting that bulls have assumed control of the price action. Targets are mentioned on the chart.
DOT: Is This The Bottom?Polkdot is my favorite crypto coin right now. I came across this coin after speaking with a MIT professor a few months ago. I really like the use case and the team behind this coin. That being said, I think we've reached the bottom and are going to turn upward going into the remainder of the year. My first PT is 15 and PT2 is 22.
Polkadot (DOT): Neckline Zone Has Been Broken!Polkadot has made a nice breakdown from the neckline zone, giving us a final confirmation of head-and-shoulder pattern formation here.
As we have broken it fully, the price is re-testing that broken zone, where we are looking for a rejection to happen!
Swallow Team
Falling Wedge Confirmed. DOT to 7.3 USDT Higher high and higher low formation complete.
Indicators bullish. Expecting price to rise to 7.3 USD .
$DOT Perpetual - LongCRYPTOCAP:DOT Perpetual
Entry : 5.772 - 5.685
Stop loss : 5.55
Targets : 6 - 6.24 - 6.4 - 6.8 - 7.1 - 7.5
DOT: Next Target 5.4 ???DOT: Next Target 5.4 ???
On DOT Chart we can see that the price already broke out from one bearish "Flag Pattern"
and so far the price is accumulating again.
The chances are higher that we may see another "Flag Pattern" to be confirmed soon.
A breakout from the pattern should push DOT even lower as shown on the chart.
The first support zone will be found near 6.
Once the price crosses $6, then it will open the door for further declines to $5.4
You may find more details in the chart!
Thank you and Good Luck!
❤️PS: Please support with a like or comment if you find this analysis useful for your trading day❤️
Polkadot (DOT) Faces Increased Selling MomentumCritical Support Breach:
The daily chart shows a significant increase in selling momentum, driving Polkadot’s price below the critical $6 support level and out of a multi-month triangle pattern. This breach has triggered a substantial long liquidation event.
Downtrend Indication:
The price displays no signs of recovery on the daily timeframe, indicating the possibility of a continued downtrend.
Temporary Pullback Potential:
A slight and temporary pullback to the broken $6 threshold could occur, confirming the breakout and solidifying the bearish scenario.
Key Levels to Watch:
Primary Target: The substantial support region at $5.
Resistance: The significant resistance at $6.
Market Volatility:
Traders should exercise caution as the market may experience heightened volatility and notable fluctuations in the short term.
Stay alert and manage your positions wisely during this volatile period! ⚠️📉
#Polkadot #DOT #Crypto #MarketAnalysis #TechnicalAnalysis #Cryptocurrency #Trading #Bearish #Volatility
Long idea on DOTok, I need to describe the damn thing, I came in, I just believe in the high season now (I will duplicate the description in coins that I will take)
DOT - Potential bounce from 0.786 fibo levelDOT is approching a reversal zone between the 0.618 and 0.786 fibonacci levels. Price decreased by 53% from the last higher high and volume is decreasing, suggesting a price increase in the near future
