A Pump is Ready to Bullish SideWhenever I find such a Bullish Triangle a Sudden Bullish Market is Observed in nearly all such cases. It is a simple analysis but have solid Experience behind it.
DOTUSDT trade ideas
Dotusdt Analysis in 30M time frame 21/11/2024 Dotusdt Analysis in 30M time frame 21/11/2024
Buy Zone 5.769
Take Profit 6.100
Stoploss 5.689
DOTHi snipers. The price managed to break the moving average resistance indicated by the black line after breaking out of the long-term descending channel and now after the pullback, a good buying opportunity has arisen. These are just possibilities. Disclaimer. Good luck.
$DOT Price Surge Incoming!! 20-43% moveCRYPTOCAP:DOT has been sleeping for so long! People thought it was dead... That changed. It has nicely broken out and retested and is ready to break the previous highs. I am Long after the push above the 200 day MA on the daily TF. Probabilities are high that it will touch the bearish OB above.
Entry: $5.4
TP1: $6.45
TP2: $7.1
TP3: $7.7
SL: $5.1
Potential gain: 19-43%
NFA and always do your own researched.
Happy trading :)
UPTOBER FOR DOT - WE GO UPDOT hit the buyer’s zone (1W support). Funny enough, October 20 and October 23 were also bounce zones, and here we are in October 2024. Will it bounce again?
Either way, looks like a good spot to buy in.
Boost this if you agree and want me to share more.
DOTUSD Long PositionTrendline Break: DOTUSD breaking above a significant trendline suggests that selling pressure has decreased and buyers are gaining control. This is often an early indication of a trend reversal or the beginning of an uptrend.
Accumulation Phase Complete: DOTUSD has completed an accumulation phase, this implies that buyers have been steadily accumulating positions at a base level, absorbing selling pressure. Accumulation phases typically occur after a downtrend and precede a new uptrend, making this a strong bullish signal.
DOT trading setupWeekly: long term analysis
BINANCE:DOTUSDT CRYPTOCAP:DOT was one of the top gainers of the 2021 altcoin bull run. After more than 95% deep correction during the bear market, DOT exhibited a strong upward price action (+170%) after a rebound on the multi year support line around 3,60$
Strategy
Buy signal has been given by the breakout of the 5$ level after a mature consolidation (abcde triangle wave pattern). The breakout has volume and is breaking the upper bollinger band.
Objective 1: Next resistance line 6,50$ ( +25%)
Objective 2: Multi year resistance line at 10$ (+95%)
Objective 3: ATH at 50$ (+900%)
Invalidation
Mental Stop: A daily close just below the breakout that would invalidate the scenario. This setup proposes a nice Risk Reward
If prices retrace to this stop level we will wait for the weekly closing price then set a Stop loss ¼ or Risk below the weekly close price.
Risk = Distance between Mental stop and entry point.
POLKADOT TO 26 PER DOLLAR VEE SOONPlease provide us with a meaningful expression of your analysis and walk us through blah blah blah... Meh! I don't know how I know I just see it. The analysis is complicated
DOT: Potential for 10x to 15x Gain!Hello, traders!
Polkadot is one project worth considering for the upcoming altseason. Currently, it is at a bottom, holding a support trendline that has remained strong for DOT since its inception, making a rebound likely.
We have a resistance trendline around $5.6, and once we break above it, we can expect a bullish rally.
Trade setup:
~ Entry: CMP
~ Accumulation: $3.5 to $4.1
~ Trade type: Spot or with maximum 3x leverage.
~ Period: Long-term.
~ Target: 10x to 15x gain.
Note: Always do your own research and analysis before investing.
DOT is bullish Hello traders,
Dot showed strong bullish signs on daily shart , once the daily candle close over 5 resistance area the price is going is to 9 as a first target , Dot has strong potential to break 9 as well.
happy trading,
DOT Classic Breakout with Potential for UpsideDOT has recently broken out of its previous range, moving into a new zone with strong potential for further upward momentum. The newly established support appears firm, providing a foundation for additional price gains. However, caution is advised as sudden pullbacks remain possible.
Follow for more chart ideas and trading insights.
NFA: This is not financial advice—always conduct your own analysis and manage risk accordingly.
Compare atom btc dotIt seems that Bitcoin has grown a lot compared to the currencies of Polkadat and Atom. Of course, it is not a correct comparison, but this shows that the way for Atom and Polkadat to move will be much smoother due to the developments that will happen in their networks.
Compare BTC , DOT, ATOMIt seems that Bitcoin has grown a lot compared to the currencies of Polkadat and Atom. Of course, it is not a correct comparison, but this shows that the way for Atom and Polkadat to move will be much smoother due to the developments that will happen in their networks.
Why DOT +20%, next month ?Polkadot (DOT) is a blockchain protocol designed to enable different blockchains to interoperate and share information securely. It was created by Dr. Gavin Wood, a co-founder of Ethereum, and aims to solve issues related to blockchain interoperability, scalability, and security. DOT is the native cryptocurrency of the Polkadot network, and it serves multiple purposes, including network governance, staking, and bonding for creating new parachains (parallel blockchains).
Why DOT Might Increase by 20% in the Next Month:
Parachain Auctions and Deployments:
Polkadot's unique architecture allows multiple blockchains (parachains) to run in parallel and interoperate. If significant parachain auctions or deployments are planned, investor interest in DOT could spike as more projects build on the Polkadot network, leading to increased demand for DOT.
Ecosystem Growth:
Polkadot's ecosystem has been expanding rapidly with new projects, decentralized applications (dApps), and partnerships. A surge in ecosystem activity could lead to a higher demand for DOT, driving up its price.
Staking Rewards:
DOT holders can stake their coins to support network security and earn rewards. As staking continues to be an attractive option for investors seeking passive income, demand for DOT could increase, pushing its price higher.
Market Sentiment:
Positive market sentiment and broader cryptocurrency market rallies often influence the price of major altcoins like DOT. If the overall market trends upwards, DOT could benefit from this momentum.
Technical Indicators:
If DOT shows bullish technical indicators such as a breakout from a key resistance level or positive momentum on the charts, traders might anticipate further gains, leading to a price increase.
Regulatory Clarity:
If there is positive news regarding cryptocurrency regulations that favor blockchain projects or improve market conditions, DOT could see a significant price increase.
While these factors could drive DOT’s price up by 20% or more, it's essential to remember that cryptocurrency markets are highly volatile, and predictions can be uncertain. Always do thorough research and consider the risks before making investment decisions.
DOT/USDT Rally to the door of the bull market?DOT finally broke after many month, but the pain is not over yet, we can have some price action going to test the fibonacci levels and it success braking it we can see a little rally.
POLKADOT TO 26 PER DOLLAR VEE SOONPlease provide us with a meaningful expression of your analysis and walk us through blah blah blah... Meh! I don't know how I know I just see it. The analysis is complicated
DOTUSDTHMT v1.0 spotted. Looking good with previous wave up with increasing volume and momentum.
- BOS (Breaks of Structure) at @ 4.244-4.268 level
- Trending slow and steady if able to hold above the BOS level
It is at extremely good reward to risk level.
DOTUSDTmy entry on this trade idea is taken from a point of interest BELOW an inducement.. I extended my stoploss area to cover for the whole swing as price can target the liquidity there before going as i anticipate.. just a trade idea, not financial advise
DOT with Exaado Technicalwe buy from 5$ and we target TPs on the board at time detected
see we will hit All the targets
Polkadot at the base, watch for bounceHello everyone,
here is a very simple and clean chart of DOT/USDT.
Reasons I am bullish on it:
1) DOT is at its base (4 USDT), a strong support from Sept 2020.
2) DOT respects weekly EMA (10) - when price is below, it is bearish. Alternatively, when price is above, it is bullish.
3) Last bull run in 2021 - once it crossed 10 weekly EMA, it went parabolic making a 10x gain.
4) It just made a double bottom. Last time it was at this price about a year ago it went on a 2,5x run.
5) Volume shows that it has been in accumulation for the last year.
6) BTC made ATH, altcoins will most likely follow. Not all will reach new ATHs but if you enter a trade at the bottom, you do not need an ATH to make an excellent profit.
Trade idea:
Since price action is still below 10 EMA it is technically still bearish. I have started accumulating, turning small part of my portfolio to DOT.
My approximate TP levels:
- 9 USDT
- 11 USDT
- 18 USDT
- 35 USDT
- 50 USDT
Not a financial advice. Do your own research.
Good luck!
