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DOTUSDT trade ideas

DOT/USDT Downwards movement??Hey traders 👋 Let's kick off this day with DOT coin where we see a good potential for some bearish movement. We won't keep it long here but we want you to keep an eye on upper resistance zone at $5.70 and also the EMA zones(lines) where we are having a re-test currently! If you like ideas provided by our team you can show us your support by liking and commenting. Yours Sincerely, Swallow Team Disclamer: We are not financial advisors. The content that we share on this website are for educational purposes and are our own personal opinions.
by SwallowPremium
2
Elliott waves counting on DOTfollowing my previous analysis on DOT at this publish I will survey the Elliott waves on this pair. as you can see price bounced up from 4.2$ as the bottom level and hit my first key resistant level 5.6$ before drop.( from my previous analysis) at the moment if we accept first impulsive wave 1 of (abcde) completed then we are looking for correction wave 2 to complete. now based on my theory wave (a) from wave 2 done and now price is moving on wave (b). if it is then still wave (c) need to run yet. so I can estimate the area around my baseline would be the target of wave (c) to complete the wave 2. breaking above the trend line and closing above last high means all wave 1 and 2 already completed and we are looking for next impulsive wave 3. in the case of closing below the baseline of my chart (around 4.7$) means this wave counting may not validate yet. let's see Enjoy the market
Long
by bestfarbit74
28
Brief Analysis ——DOTToday, we share three tokens, all of which were relatively popular yesterday. They are LINK, DOT and SNX. After DOT repaired the loss of FUD, it maintained the fluctuating for half a month. Bulls attacked the 5.6 twice but failed. Today is the third attack. This position is the high of the stacking area in May, so there is a lot of resistance. After the long green candle appeared last week, consecutive red candles followed, close to recovering the gains of the long green candle. Although the price held above the black line, the bears persisted for a long time. Conclusion: Mostly fluctuation. DOT maintain neutral on a large scale and bulls isn’t much ahead on a small scale. Therefore, we believe that there is a high probability of maintaining fluctuating. The price may keep in the area of the red and black lines this week. We set resistance level at 5.6 and support level at 4.8. If you have any ideas, welcome to communicate with us:) Disclaimer: Nothing in the script constitutes investment advice. The script objectively expounded the market situation and should not be construed as an offer to sell or an invitation to buy any cryptocurrencies. Any decisions made based on the information contained in the script are your sole responsibility. Any investments made or to be made shall be with your independent analyses based on your financial situation and objectives.
by Sypool
Bullish on PolkaDOTBINANCE:DOTUSDT Polkadot bounced off the moving averages on July 10, indicating a shift in sentiment from selling on rallies to buying on dips. The bulls will aim to push the price towards the overhead resistance at $5.64, while the bears will attempt to halt the recovery. The 20-day EMA ($5.11) is relatively flat, but the RSI above 52 indicates a slight advantage for the bulls. A breakthrough and close above $5.64 would complete a bullish inverse head-and-shoulder pattern, signaling a potential trend reversal. To prevent an upward movement, the bears will need to swiftly pull the price below $4.97. In such a case, the DOT/USDT pair may decline to $4.74 and later to $4.50.
Long
by TradeViewDemiGod
new bull run expected soonprice is moving above my baseline and broke the daily 50MA already. it is still moving below daily 200MA yet, however in coming days I expect more pushing upwards. MACD is in good shape and daily MACD line is closing above positive level. if the price close above 200MA and the trend line we can see an acceleration move upward. at the moment it is moving in range but we can expect a rally if all conditions satisfied the rules I mentioned. Enjoy the market
Long
by bestfarbit74
28
Review Chart DOT/USDT 4HHello everyone, I invite you to review the DOT chart in pair to USDT. First, we will use the blue lines to mark the downtrend channel where the price is moving in the upper range. And when we turn on the EMA Cross 200, we see that the price has stayed on this line, which indicates that the uptrend that was started earlier is being maintained. Moving on, we can move on to marking support areas when we start a larger correction. And here the first support is at $4.98, then we can mark the support zone from $4.58 to $4.25, however, when the price falls below this zone, we can see a drop to around $3.93. Looking the other way, we see that the price has reached an important resistance zone from $ 5.35 to $ 5.65, which so far has no strength to break. However, if it manages to exit the descending channel upwards and break through the resistance zone, the next resistance will appear at $6.04, and then the price can move towards the resistance at $7.20. Take a look at the CHOP index, which indicates that the energy is starting to regain strength, the MACD indicates that we are in a local uptrend, while the RSI is back to the middle of the range, which gives room for the price to go a little higher.
by cryptodailyuk
Support Found, Resistance BrokenAfter a sharp decline, the price of DOT found support around the $5 zone, forming a low near $4.98. It broke through the resistance levels at $5.15 and $5.20. The immediate resistance is now around $5.30, and a successful break above $5.40 could trigger a strong rally towards $5.60. The next major resistance lies around $5.63. However, if the price fails to surpass $5.30 or $5.40, it may experience a downside correction. The key support levels are $5.15, followed by $5.10 and the trend line. A further decline could lead to $5, and additional losses might bring the price towards the $4.80 support zone.
by MonoCoinSignal
9
DOT/USDT Breakdown + Re-test Hey traders 👋 DOT is going to be the starter for today, with a good chance for price to go for lower zones. As previously mentioned we had that sharp price movement in form of bullish trend which for now got rejected by resistance and had a breakdown from trend line. We are looking for a good short here! If you like ideas provided by our team you can show us your support by liking and commenting. Yours Sincerely, Swallow Team Disclamer: We are not financial advisors. The content that we share on this website are for educational purposes and are our own personal opinions.
Short
by SwallowPremium