DOTUSDT trade ideas
DOT/USDT Bracing for Impact at Key Supply Zone? 🚀POLKADOT💎 Paradisers, gear up for a thrilling phase with #DOTUSDT as it approaches a critical supply level, signaling possible future maneuvers.
💎 A glance at #POLKADOT shows its recent ascent from a descending channel, now nearing the crucial supply mark at $7.777. A breakthrough above this point, coupled with sustained momentum, could usher in a climb towards the higher supply region at $9.574.
💎 Should #DOT honor the $7.777 supply zone without breaking through, a bullish push from the subsequent demand level at $5.909 might be on the cards, with a fall below this threshold potentially leading to a significant downward trend.
Trade Setup: Polkadot Head and Shoulder ReversalA head and shoulder reversal pattern has formed on $DOT. If CRYPTOCAP:BTC continues to dump it will drag down altcoins with it and this pattern will activate. If that happens I expect it will bounce around the 161.8 fibonacci extension which coincides with a retest of a major falling wedge pattern that we broke out of earlier this year.
I remain bullish on CRYPTOCAP:DOT in the long run and I am keeping an eye on the weekly cloud E2E trade which I expect will play out later this year. A short term dump will be a good opportunity to load up big for that.
DOT to $30 in 2024 - at least 400% gains!Edge to edge trade activated on the weekly cloud. Price will look to return to the 50% fib level of the previous drawdown which is a 400% gain from current levels.
Some other positive DOT news is that the community recently voted to implement a deflationary mechanism by burning the revenue from Coretime sales. This should help with long term price appreciation.
DOT: plan for the next few months, Dump and big pumpDOT is overall bullish, but I am still expecting a final correction. We have a total of 4 swing highs next to each other, which is a good opportunity for whales to take all stop losses from traders. Do not get caught in the trap and follow my plan. Buy DOT lower and expect a strong bull market this year! Let me know what you think about my analysis, and please hit boost and follow for more ideas. Thank you, and I wish you successful trades!
The network uses an NPoS (nominated proof-of-stake) mechanism with validators and nominators.Nominators back validators with their tokens. These staked tokens maximize chain security by making it prohibitively expensive to misbehave.
Validators are staked on the Relay Chain and confirm transactions coming from the different parachains. This unique validity scheme enables chains to interact with each other securely under the same rules, yet remain independently governed.
🚨Polkadot(DOT) can Drop ➖15%🚨✅The Polkadot(DOT) reacted well to the Resistance lines and started Falling again .
🌊Regarding Elliott wave theory , Polkadot(DOT) seems to be completing Corrective Waves .
🌊The structure of Corrective waves is Zigzag(ABC/5-3-5) .
🔔I expect the Polkadot(DOT) to go down to at least the🟢 Support zone($6.30-$5.67) 🟢and Support lines to complete microwave 5 of the main wave C .
❗️⚠️Note⚠️❗️: An important point you should always remember is capital management and lack of greed.
Polkadot(DOT) Analyze (DOTUSDT), 4-hour time frame ⏰.
Do not forget to put Stop loss for your positions (For every position you want to open).
Please follow your strategy; this is just my Idea, and I will gladly see your ideas in this post.
Please do not forget the ✅' like '✅ button 🙏😊 & Share it with your friends; thanks, and Trade safe.
DOT/USDT in 1 D time frameHi
in 1 Day time frame (Logarithmic) , I saw a big uptrend sharply bullish trend.
We should wait a while to see it it can break the existing resistant and in pull back can get position.
please investigate personally and any taking position on your responsibility....
regards,
DOT/USDT 1D TIME FRAME HI
in 1D log. I expect a huge sharp uptrend till 80.00 USDT
There is no doubt, it will touch it , but please investigate and take position on your responsibility.
regards
POTENTIAL SHORT TRADE on DOT USDTWE HAVE CONFIRMED BEARISH SENTIMENTS IN THE MARKET
on DOTUSDT 15m
Missed the first Entry exactly on this break
waiting for this second entry on 38% Fib retracement level
SL at 78% Fib
target is next 50% level
we will cancel the trade only if it continues downwards without touching our Entry Zone
DOT/USDT-1H-BINANCEThis is not a financial advice. Always do your own research and always put stoploss in your trade (SL) :) If you want more detailed info
how to study and read charts or just need help with some coin, just write to me here a comment, i will try to answer to everybody...
i can help you :) all for free, don't worry, BE HAPPY!
DOTUSDT 1D#DOT is moving inside a falling wedge. It is fighting with the resistance cluster(Daily MA50 + Ichimoku cloud + horizontal resistance and falling wedge resistance). A successful breakout cloud lead us to the moon. Keep an eye on it, because breakout will be massive. Targets are:
$8.283 $8.995 $9.706 $10.719 $12.012 and $15.737
DOT/USDT#DOT is looking good
Phantom NYSE:SUI NASDAQ:WEN SEED_ALEXDRAYM_SHORTINTEREST1:CHNG #CryptoCommunity
DOTUSDT - long ideaBreaks out of the corrective channel.
Given BTC had broken out of a similar triangle, this should repeat ))
Trade safe
Polkadot: Head and shoulders breakdown on the 4-hour chart?Uh oh, the bears might be taking control! Head and shoulders pattern confirmed with a neckline breach. Brace yourselves for potential downside.
Remember, this is not financial advice! DYOR and trade responsibly.
DOT on 1 day TFmy Idea about DotUsd
As we can see we had 5 upward waves and then we had Divergence formed on the RSI indicator,
Then the price began to correct in waves, then retested the 0.382 Fibonacci level, but it was rejected.
Now there is one scenario that will happen out of 2:
Scenario 1: The price will retest the 0.382 Fibonacci llevel, and the price will be rejected from it, and the price will fall further retest the 0.786 Fibonacci level.
Scenario 2: The second scenario: the price will penetrate the 0.382 Fibonacci level, and rise to retest the Last HH level before correction, 0Febonacci level.
Polkadot(DOT): 200EMA Rejecting The PricePolkadot is looking similar to Litecoin, where 200EMA is acting as a pretty strong rejection zone, which is pushing the price lower and lower with each touch.
We are looking again for that lower zone (greenish) to be broken and a movement towards that target zone.
Swallow Team
#DOT long setup as long as it stays above $6.50#dot looks good on weekly support over 6.50... First scalp is 7.30 from here and then 7.80
for long term targets are defined till 9.50.. looks great..already swept liquidity on daily..
DOTUSDT - Bearish channel is dragging DOT down 🔽BINANCE:DOTUSDT (4H CHART) Technical Analysis Update
TOKEN is currently trading at $6.99 and It got rejected from the bearish channel resistance 4 times (two times in 1 week ). Overrall rend is showing bearish and we can expect the price to reach its next support around 6.6 and major support around 5.9
NOTE: This is a high risk trade, enter with smaller capital than usual
Long Entry level: $ 6.99 - 7.05
Stop loss: above 7.332
Target 1: $ 6.6
Target 2: $ 6.27
Target 3: $ 5.9
Max Leverage: 2x
Don't forget to keep stop loss.
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Cheers
GreenCrypto
DOTUSD Elliott wave countFurther, impulsive-looking price action, will add credence to the bullish scenario, and suggest wave 3 upper is underway above 6.510 with possible target 1.618 fib extension.
Future updates will be posted as updates to this count.
Daily intraday updates on 1H and 4H time frame, don`t miss them!!
Good luck!
⚖️💹 DOT Trading Strategy 🌐📊📊 Current Market Status:
DOT breaking through a resistance line dating back to around December 25th.
📈 Chart Analysis:
Approaching the $7.00 - $7.30 area of resistance.
🔄 Trading Strategy:
50% Entry: Enter 50% of the allocation if DOT regains the $7.00 level.
Remaining 50% Entry: Allocate the remaining 50% upon breaking through $7.30.
Take-Profit Areas: $8.00 - $8.50 and then $9.60 - $10.00.
Stop-Loss: Set at around $6.70.
📣 Conclusion:
Strategically enter positions based on key levels.
Set take-profit areas and manage risk with a defined stop-loss.
Trade wisely! 📈💡 #DOT #TradingStrategy #CryptoMarket 🌐📊
DOT bullishAside from the massive fundamental bullishness going on within the DOT ecosystem (DED airdrop Coretime DOT2.0) The chart is looking juicy
Conservative targets are listed moving into august of 2024
All 3 waves representing similar % moves from the anticipated lows 170% + in each upward thrust
TP's listed on chart
For now conservative top at 44-47$ yes no new ATH but I hope im wrong as this is my biggest holding ))
polkadot finally preparing for massive bullish rally Seems Like Getting Ready For Another Breakout Already In Uptrend Approaching Towards Descending Trend line Incase Of Breakout Expecting Bullish Rally Towards 10$ In Coming Days
keep eyes on dot coin for breakout
