DOTUSDT is BullishDOT has given a breakout from the declining phase after bullish divergence, and has printed a higher low followed by a higher high. This could mark the beginning of a bullish rally. Targets are mentioned on the chart.
DOTUSDT trade ideas
DOT ANOTHER GIANT AWOKE Formed Wyckoff accumulation. With a breakout, there is not much resistance to the 18.3 price. At that price, the largest volume took place on the dates: January 26 to April 30.
I didn't like Dot because they didn't show much power last year, but they are a big giant that starts web3. Those who entered it earlier at this price may reap some profit.
I expect medium caps to start, that's why I'm also long with ADA and Neo.
Write in the comments which alts you would like to see on my profile and if they seem interesting to me I will post them
35% LongHello
As you see in the chart we have broken the trendline with a strong candle
you can take a long position for 35%.
DOT +150% Pumping💰 CRYPTOCAP:DOT broke out of the Falling Wedge on 3D chart📈 and currently testing $5.4 s/r zone👀
Looking for a breakout and rally✈️
DOTUSDT.1DIn this daily DOT/USDT chart, we’re looking at a longer-term perspective of the price movement. The use of trend lines suggests a potential channel or wedge pattern forming, which is a common occurrence in markets and typically indicates areas of support and resistance that traders pay close attention to.
The RSI is at 42.52, edging toward the lower end of the neutral zone but not signaling oversold conditions yet. This could imply a slight bearish bias or a cooling off period after a previous uptrend.
The MACD is below the signal line and negative, which often points to bearish momentum. However, the histogram bars are quite small, indicating that while the bears might have control, the selling pressure is not particularly strong at the moment.
The price is currently near the support level (S1), bouncing off from it. The placement of S1 in conjunction with the upward sloping trend line suggests this could be a critical level to hold for the price to maintain its overall bullish structure.
Looking above, the resistance level (R2) is quite far from the current price, implying there could be significant upside potential if the price were to break through any intermediary resistance levels not marked on this chart.
If I were trading this setup, I would watch for potential buy signals around S1, such as bullish candlestick patterns or a bounce with increased volume. Conversely, a break below S1 with significant volume might indicate a trend change, necessitating a reassessment of the bullish outlook.
It’s always crucial to consider other factors that could influence the price of DOT, including broader cryptocurrency market trends, news related to the Polkadot ecosystem, and overall risk sentiment in the financial markets. With that in mind, maintaining a disciplined approach with proper risk management, such as setting stop-loss orders, is advisable.
DOT Will moon when it breaks trendlinePolkodot another sleeper that has been ignored by the market. The chart looks like a bullish shark and once it breaks that trendline, it will moon.
Not investment advice, Please do your DD
Please boost idea and follow
$DOT #Polkadot Trading IdeaDOT/USD (Polkadot) formed another falling wedge pattern. My target would be $9.7-$10.8-$11.5. Full send after a breakout.
DOT BULLISH MIDTERMDOT is Bullish in Mid Term this month and the next starting month we can fill over bags start them from 7.3 second 7.1 and keep some fund for worst scenario but I think we are bullish after this month's correction if you are long term holder then it would be great choice to choose DOTUSDT
===> order 7.3
===> order 7.1
===> buy near 5$ in worst case
BULLISH on DOTUSDT
please like and follow to get more my updates
follow me on my on trading view:
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. DYOR.
#DOTThe dot currency has gone through a complete correction cycle, and now it can break the downward structure after the first swing and pullback and move according to the direction. We can say that the current scenario has had an upward movement, considering A, and now wave B has ended, which will be confirmed by the failure of the swing.
🛡️📈 DOT Support Long Trade Setup 📈🛡️📊 Analysis:
Support Opportunity: DOT is currently trading at a support level, offering a potential entry point for a long trade.
Laddering Strategy: Plan to enter gradually into a long spot trade between $8.00 - $8.50 to capture the bounce from support.
Take Profit Targets: Aim for take-profit levels at $9.50 - $10.00 or $11.30 - $12.00, considering potential resistance areas.
Risk Management: Set a tight stop-loss at $7.80 to limit potential losses. Given the current volatility in the market and the recent downtrend in some altcoins, it's crucial to manage risk tightly.
📈 Trade Plan:
Entry: Initiate laddered long spot positions between $8.00 - $8.50.
Take Profit: Target potential resistance levels at $9.50 - $10.00 or $11.30 - $12.00 for profit-taking.
Stop Loss: Place a tight stop-loss order at $7.80 to manage risk in case of adverse price movements.
Risk Management: Continuously monitor price action and adjust strategy accordingly to respond to market dynamics and potential changes in support levels.
DOTUSDT- Bearish TrendPolkadot is in bearish trend on 1H timeframe. it is creating LL's and LH's and following a trendline. There is an indication that it will follow the bearish trend as there is no bullish divergence on RSI. Possible entry at fib level of .382
DOTUSDT - IN DOWN TREND with Bullish DivergenceDOTUSDT chart is printing LH & LL which shows DOT in Declining Phase But RSI is printing Bullish Divergence.
that's why I'm avoiding trade in this down trend.
DOTUSD is chnging trend as its RSI showing divergence DOTUSD is chnging trend as its RSI showing divergence in 4HOUR
Wave structure of DOT coin in weekly frameWeek is swing bullish
The price has passed the Strong Swing peak of the weekly frame
We buy and wait for the price to rise to the top of the weekly frame
Polkadot (DOT) - Bearish Short TermPolkadot (DOT) has also fell below the 20-day EMA & 50-day EMA on April, 2nd. Previous support level for DOT has been broken at: $8.67. A daily candle is going to close bellow this support level and both EMA's which is extremely bearish short term. Due to this, bears could push the price action down towards to around $8.20 area.
However, If Polkadot bulls can hold the price and rebound off $8.20 by the end of this week. Bulls will create a rally to retest $9.74 target shown from the chart. A break above this, bulls will have more momentum and attempt to push the price further to $11.88.
Key Levels:
-New Support= $8.02
-Previous Broken Support Level= $8.67
-Target= $9.74
*Resistance= $11.88
DOT/USDT 1DInterval Chart ReviewHello everyone, let's look at the 1D DOT to USDT chart as we can see that the price is moving below the local downtrend line.
Let's start by setting goals for the near future that we can include:
T1 = $9.67
T2 = $10.53
T3 = $11.89
AND
T4 = $12.86
Now let's move on to the stop-loss in case of further market declines:
SL1 = $8.22
SL2 = $7.23
AND
SL3 = $5.97
Looking at the RSI indicator, you can see a movement below the downtrend line, but it is worth noting that it is at support. However, the STOCH indicator shows a movement at the lower limit, below the downward trend line, which may result in maintaining the price.
DOT/USDTWe are in a good price to accumulate DOT and add more to our bags. It will go side ways for couple of days or maybe a week. As soon as we break 9.70$-9.90$ price we will pump to 15$ to 17$.
Be patient and you'll make money.
Polkadot(DOT): Breakdown Happened!Polkadot has had a really nice breakdown where the price got rejected from the 100 EMA zone.
With now crushing down the 200EMA as well, we are seeing a good chance of further movement here, so we are keeping our eyes open for a potential target zone to be reached!
Swallow Team
