DOTUSDT trade ideas
DOT USDTdot usdt possible inverse head and shoulder on daily timeframe hints a major correction. Although the right shoulder is somewhat dragging but still can count on it if it breaks the neckline in the upcoming weeks
DOT's last bottom before the new ATHCRYPTOCAP:DOT will be ready to target a new ATH from the $4.90 : $4.25 range in my opinion.
Long signal for DOT/USDTThis technical analysis is based on the daily chart of DOT/USDT on the Binance exchange. This analysis draws two price channels and evaluates support and resistance levels.
Price Channel Analysis:
The previous bearish channel is broken out, and a bullish channel is formed.
The suggested entry point is around 7.046 USDT.
Entry and Exit Points:
Entry: 7.046 USDT
Take Profit: 8.807 USDT (25.01%)
Stop Loss: 6.607 USDT (6.22%)
R/R Ratio: 4.02
Conclusion:
This analysis suggests that by adhering to the specified take profit and stop loss levels, a successful trade can be achieved. The Reward/Risk Ratio for this trade is approximately 4.02, indicating a highly favorable risk-to-reward scenario. To manage risk effectively, it is recommended to strictly follow the stop loss level.
DOTUSDT: Bullish TrendDOTUSDT is moving in uptrend and currently moving on trend line and also formed bullish divergence with symmetrical triangle pattern, if DOT break this pattern so this is the confirmation of the bullish trend so wait for the breakout of the pattern and take a long ride with proper risk management, SL and TP.
dotusdtCRYPTO:DOTUSD BINANCE:DOTUSDT
time frame daily
technical analysis based supply and demand theory
DOT/USDT No technical analysis neededBuying CRYPTOCAP:DOT below $15 is a long-term fortune. It's still cheap, I'm accumulating in this zone.
DYOR. Not Financial Advise
DOT has been consolidating for last 4 weeks!As you can see DOT is in a consolidating phase at the bottom of the trend line, in the next months price can pump to the top range, whitch is 16-20$!
$DOTUSDTBINANCE:DOTUSDT
LONG
LEVERAGE
TARGET 1 - 7.500
TARGET 2 - 8.500
TARGET 3 - 9.800
DOT formed a potential ascending triangle pattern on the daily timeframe. Full send after a breakout
$DOTBINANCE:DOTUSDT
LONG
LEVERAGE
TARGET 1 - 7.500
TARGET 2 - 8.500
TARGET 3 - 9.800
DOT formed a potential ascending triangle pattern on the daily timeframe. Full send after a breakout
$DOT #Polkadot Trading IdeaDOT/USD (Polkadot) formed a potential ascending triangle pattern on the daily timeframe. Full send after a breakout to my Golden Zon After a clean breakout, my potential target is $8.828-$9.562.
DOT/USDTHello everyone, welcome to a quick review of the DOT chart. As we can see on the chart, we are locally moving along a downward trend line. After unfolding the fib retracement grid, you can see the price staying above the strong support level at $7.04, then the support level at $6.73, and then the strong support level at $6.44. Looking the other way, you can similarly identify resistance points. And here we can see the resistance at the level of $7.17, the next important place is $7.40, after which we will be able to see an upward movement towards the resistance at the price of $7.77.
DOTUSDT.PHello Trader BINANCE:DOTUSDT.P
CRYPTOCAP:DOT
There is a slight breakdown in the 30 minute area up to the 4 hour area. This price weakening is also an indication of a rising wedge pattern, positive reject small resistance range area 7,190
entry area : 7,190 - market price
take profit 10%
stop loss 2.5%
Please add a comment and Positive feedback and constructive criticism are important to authors and the community.
Disclamer: Not Financial Advice
$DOT Season Is HereHeavy Resistance at $20. If Others.d takes dominance from ETH. I look for Resistance to blow through for a 786 test around $30, MACD Primed Rsi Primed from consolidation. It is CRYPTOCAP:DOT season.
Polkadot (DOT) Daily Chart AnalysisCurrent Situation:
A detailed examination of Polkadot’s (DOT) daily chart reveals a bearish sentiment. The price faced rejection after a period of sideways movement around the critical $7.5 resistance level and the significant 200-day moving average.
Bearish Indicators:
Resistance Rejection: The price was rejected at the $7.5 resistance level, reinforced by the 200-day moving average.
Seller Dominance: Sellers are currently dominating the market, suggesting a bearish retracement towards the $6.5 threshold is increasingly likely.
Key Support and Resistance Levels:
Resistance Level: $7.5
Support Level: $6.5
Market Context:
Despite the bearish sentiment, Polkadot remains confined within a decisive range marked by the $7.5 resistance and $6.5 support. A breakout from this range will likely establish the direction for a sustained trend.
Trade Strategy:
For Bears: Watch for a break below the $6.5 support level for potential short opportunities, targeting lower levels.
For Bulls: A break above the $7.5 resistance could signal bullish momentum, providing opportunities for long trades.
Stay vigilant for a decisive breakout from this range to gauge the next sustained trend direction for Polkadot.
#Crypto #Polkadot #DOT #MarketAnalysis #SupportAndResistance #BearishTrend #200DMA #TradingStrategy #Cryptocurrency #Blockchain
Polkadot: Is it time to buy?DOT is trading almost 87% lower than its previous ATH and is now about to hit its bottom support again, IMO. The $4.75 level is my buy zone for DOT, with a target of $14 for the midterm and an optimistic target of $128 for the long term in case of a super bullish market.
DOTUSDT is BullishBullish RSI divergence appeared on 1H time frame, after that a higher low was printed and now previous lower high is breaking, this is a sign that bulls are taking control of the price action, and a bullish rally is on the cards as per Dow theory. Targets are mentioned on the chart.
DOT is bullishWe have a bullish CH on the chart and we have higher highs and higher lows.
By maintaining the demand area, it is expected to move towards supply
The targets are clear on the chart
Closing a daily candle below the invalidation level will violate the analysis
Note that the financial market is risky, so:
Do not enter any position without confirmation and trigger.
Do not enter a position without setting a stop.
Do not enter a position without capital management.
When we reach the first TP, save some profit and try to move the stop continuously in the direction of your profit.
If you have any comments please post them, comments will help us improve our performance
Thanks
DOT/USDTPolkadot is a sleeping Dragon. After it breaks the resistance from 11.9$ it can quickly go to 23 - 40$. And in the long term, a TOP on Dot somewhere in the 140$ area.
Polkadot (DOT): Another Fake-out Zone / Time To Short?Polkadot has made yet another fake-out zone, showing us the demand for downward movement here.
We are seeing a great chance of those EMAs there being touched and broken, which would result in a nice downward movement!
Swallow Team
Polkadot to 31.Polkadot made a higher high in March, since then Dot went down by 41% and still consolidating. 41% may sound awful but it is a great opportunity to invest or do futures trading. 5.5-6 would be a very comfortable area to consider investing or trade. As you can see Fibonacci 0.5 and 0.618 are perfectly lined with crucial zones. I will be taking profits at those green lines. For Spot trading I suggest HODL a little longer till Dot makes a higher high. Hope you can understand and sorry about my English.
