Bottom candle for DOTBearish breaker controlling the price, down, 3rd algo target hit 1.618 fib.
Waiting for it to go around 10.913, Wbb- by 50%.
DOTUSDT trade ideas
DOT Triangle countIf you find this information inspiring/helpful, please consider a boost and follow! Any questions or comments, please leave a comment! Also, check out the links in my signature to get to know me better!
#DOT update.
Looking more and more like a triangle.
No tunnel vision, though.
From here, would like to see a bit more ups before a pivot is put in.
Cheers!
DOTUSDT is BearishDOT has printed a Bearish flag on 1H time frame, and is expected to continue its downward movement. Targets are mentioned on the chart.
DOT - Short Good luck to everyone! This analysis is for educational purposes only and does not constitute financial advice. Conduct your own analysis before making trading decisions.
Dot 1d bullish scenario if and only if...Dot will be bullish if and only if it closes above:
B trigger line for at leat 1d
Otherwise, follow the bearish scenario that I posted earlier
All the best insha Allah!
DOTUSDT LONG BIAS 4H TFbroke the stracture nicley with force ,theres might be a good chance that force could pump the price again,it came back to demand level again and currently testing it and holding it nicely ,so i am long on it ,lest wait and hour and wait for the candle close ,i might take an entry it has nice risk to reward ratio. MEXC:DOTUSDT.P
📈 Polkadot (DOT) Spot Long Trade AnalysisAn analysis of Polkadot (DOT) highlights a potential spot long trade opportunity, emphasizing range support, resistance, and risk management for strategic decision-making.
Key Highlights:
Range Support: DOT is noted to be at the $7.24 top of the range support, providing a potential entry point.
Take Profits (TP): The proposed Take Profits (TP) level is set at the next resistance area of $8.00 - $8.50.
Stop Loss (SL): Risk management includes setting the Stop Loss (SL) just below the bottom of the range low support at $6.85.
#Polkadot #CryptoTrading #RiskManagement
Dance of DOT and KSM: Unveiling the Symbiotic Symphony of GrowtIn the vibrant realm of blockchain ecosystems, Polkadot (DOT) and Kusama (KSM) take center stage, showcasing a fascinating symbiotic relationship. While their charts may dance to similar tunes, the nuances reveal DOT's resilience and strength, outshining KSM in both resilience during downturns and vigor in uptrends.
Chart Analysis: The Symbiotic Symphony Unraveled
Synchronized Patterns:
DOT and KSM, being integral parts of the Polkadot ecosystem, exhibit synchronized chart patterns.
Both coins share similarities, yet the intricacies of their individual performances unveil a unique narrative.
DOT's Resilience:
During market downturns, DOT has showcased remarkable resilience, holding steadfast above critical support levels.
The global uptrend support maintained by DOT contributed to its ability to weather storms more effectively than KSM.
Comparative Strength: Decoding the Chart Dynamics
Global Uptrend Support:
DOT's ability to maintain a robust global uptrend support has been a key factor in its relative strength.
KSM, in contrast, experienced deeper retracements, testing lower support levels during market corrections.
Impact on Growth Trajectory:
The sustained global uptrend support for DOT has influenced its growth trajectory positively.
DOT's consistent strength has resulted in a notable lead, with a 20-30% advantage in growth compared to KSM.
Strategic Considerations: Navigating the DOT-KSM Symbiosis
Investment Strategies:
Investors may consider the relative strength of DOT as a factor in their investment decisions.
DOT's resilience during market fluctuations suggests potential for sustained growth compared to KSM.
Risk Management:
Traders and investors could employ strategic risk management, factoring in the divergent resilience of DOT and KSM during market volatility.
Understanding the individual dynamics of each coin enhances risk assessment.
Conclusion: DOT's Resonant Strength in the Symbiotic Harmony
In the intricate dance between DOT and KSM, Polkadot emerges as the resounding leader, demonstrating resilience and strength. The synchronized patterns of these ecosystem companions tell a tale of interconnected growth, with DOT leading the way, offering a distinct advantage in both stability and upward momentum.
🌐 Synchronized Patterns | 🌟 DOT's Resilience vs. KSM | 📈 Impact on Growth Trajectory
❗See related ideas below❗
Share your insights on the DOT-KSM symbiosis and engage in discussions about the strategic considerations for navigating this dynamic relationship. 💚🌐💚
DOTUSD - In Bearish Condition As I took a pause to get the best entry towards bearish rally I finally came by selling momentum getting strong second time in the rising wedge. RSI is also showing a bearish divergence giving a significant edge to the bearish trend on this instrument. What do you think?
My Positions
is "Are the buyers real or fake?".👀🤔
🔴After 505 days in a downtrend, buyers have finally decided to reverse the trend. Volume confirms the reversal. The first trigger, 7.539, can be✅
🔴If the RSI can maintain support at 69.58 and then re-enter the overbought area, this would provide further confirmation of the currency's upward trend.‼️
🔴With a good stop-loss that could be at 6,700, he made a reasonable profit.🔆
🔴Please remember that this is my analysis and opinion.💹
DOTUSDT is BearishDOT is currently at a decisive point, a double top on 4H time frame indicates that it could break downwards. Targets are mentioned on the chart.
Dot usdt breakeout after pullback and pumpDot formed a triangle in 4 hours and broke it, and also crossed its resistance line upwards, and also hit this payback line. Its next move will be very large
Rough DOT ideaHere's a rough idea of how I see the Polkadot price movement playing out.
Expecting to see a bloody January in all markets.
DOT/USDTThe bullish trend is very clear and makes perfect higher highs and higher lows, and there is good trendline support and strong horizontal support.
Wait for the price to enter this area then look for confirmation such as a double bottom or other reversal pattern before entry to the market
DOT/USDT Anticipating a Breakthrough in Resistance? 👀🚀Polkadot💎Paradisers, focus on DOTUSDT as it's currently exhibiting a notable pattern in the market. Following a recent rejection at a key resistance level, IT is gearing up for another attempt to break through, hinting at a strong possibility of a bullish movement.
💎 Reflecting on #POLKADOT market behavior, we've observed its proficiency in maneuvering through a descending channel, breaking above to commence a significant upward trajectory. Currently, #DOT is maintaining a solid stance above the support level of $6.943. If it continues to exhibit strong momentum, there's a high likelihood of a robust bullish move aiming to overcome the formidable resistance at $9.703.
💎 However, in the dynamic world of cryptocurrency, alternate paths are always a possibility. Should #DOT fail to sustain its momentum, the focus may shift towards a bullish recovery from the support level of $6.197. Importantly, a fall below this level could potentially lead to a downward trend. 🌴💰
DOT Could Break to $10 if It Closes Today Above $6.595Over the last day, BINANCE:DOTUSDT faced rejection at the $7.425 resistance level, leading to a decline below the $6.595 support level earlier in today's session. However, a subsequent rally pushed its price back above $6.595. If DOT manages to end today's session above this crucial level, it might aim to retest the $7.425 resistance in the next 24-48 hours. Surpassing this level could open the way for the cryptocurrency to potentially surge towards $10 in the ensuing days.
Conversely, if DOT closes today below $7.425, it could negate the optimistic outlook. In this less favorable scenario, DOT might revisit the $6.595 support level. A drop below this point could set the stage for a further decline to $5.975 in the near term.
The daily chart's technical indicators, including the Moving Average Convergence Divergence (MACD) and the Relative Strength Index (RSI), hint at a possible continued downturn in the next 24 hours. The RSI is on the verge of falling below its Simple Moving Average (SMA), a potential sign of a bearish momentum shift. Additionally, the MACD line's flattening suggests that DOT's upward momentum might be losing steam.
DOTUSDT is BearishDOTUSDT seems have to have exhausted its bullish rally, after the formation of rising wedge on the top coupled with divergence on RSI. It failed to print a new higher high and instead printed a lower high. It also broke the previous higher low which is a good signal that a bearish rally could start from here. Targets are mentioned on the chart.
DOTUSDT Breaks Trend Line!The DOT/USDT trading pair has recently experienced a notable development as it broke a significant trend line after a prolonged period of consolidation. This breakout suggests a potential shift in market sentiment, with bulls gaining momentum.
DOTUSDT (1W Chart) Technical analysis
DOTUSDT (1W Chart) Currently trading at $5.9
Buy level: Above $5.7
Stop loss: Below $4.2
TP1: $7
TP2: $9
TP3: $13
TP4: $18
TP4: $23
Max Leverage 2x
Always keep Stop loss
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DOT/USDT In the crucial area. Break out or rejected again??💎 DOT has certainly commanded considerable attention within the market. Currently positioned in a key supply area, DOT necessitates a breakout to sustain its upward trajectory. Success in breaking through this robust supply zone could herald a bullish shift in the mid-term, probability facilitating an effortless movement toward our target area.
💎 It's noteworthy that DOT has encountered challenges in surpassing this supply region in multiple instances, facing rejections that led to downward movements. In the event of another failure to breach the strong supply area, there's a possibility of a retracement towards the demand zone, initiating a fresh phase of testing and momentum building.
💎 The unfavorable scenario materializes if, during the retesting phase at the demand area, DOT struggles to maintain its position and eventually breaches the demand zone. In such a situation, DOT would revert to a bearish movement, potentially retracing to the strong demand area.
DOTUSDT WATCH CLOSELY POSITIVE RANGE1-Apply your own risk management.
2-Daily and Weekly Targets
3-Hunt the profits at any level you see convenient for you.
4-Raise Your SL any time the price moves up or down to protect your profits
5-Use 10% Spot
#DOT READY FOR THE RALLY
