DOT/USDTI think 5 out of 3 is complete. I will continue to keep it safe. Time will tell if the seller loses
DOTUSDT trade ideas
DOTUSDT- In a Bullish TrendDOTUSDT in 30 minutes time frame is making higher highs and higher lows. which indicates a bullish movement in this coin. we can buy(long) it when it breaks the resistance of previous higher highs
DOTUSDT climbs the ladderHello everyone. I liked the DOTUSDT chart. The price has formed a good basis to go up. In June, a reversal pattern was formed, and in July, the falling trend finally broke. Now, most likely, we will test the level of 5.57 again. Well, the second goal, in the long term, will be a level with a mark of 6.
DOTUSD ❕ tests the supportDOT has fixed under 50EMA on the 4H TF.
RSI is in the sellers zone (4H, 1H and 30m TFs)
I guess that Polkadot will go down further after it overcomes the support.
DOTUSDT: TECHNICAL ANALYSIS.Hello traders,
Wave 5 is supposed to end at 5.635-5.810 zone. Then ABC Correction is supposed to materialise
towards the support zone at 4.721.
Thanks.
DOT/USDT where now? Hey traders 👋
Let's start this day with DOT coin where we see two possible scenarios to happen. While trading inside the resistance zone we see that volume is backing the breakout of that resistance which could lead to upper zones BUT we also see how sharp of that push was earlier.
We are going to keep an close eye on that resistance zone and trend line which will determine the next major movement here. What do you think guys? Where from here?
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Disclamer:
We are not financial advisors. The content that we share on this website are for educational purposes and are our own personal opinions.
DOT Trading PlanDOT is awake now
If BTC holds and moves up Dot and its ecosystem coins like MOVR should all move up
DOT Polkadot Double BottomIf you haven`t sold DOT here:
Now DOT (Polkadot) has exhibited a promising chart pattern with the formation of a double bottom, signaling a potential bullish reversal. This pattern suggests that the selling pressure has been absorbed, potentially paving the way for an upward price movement.
With the double bottom formation in place, DOT has the potential to experience a significant rally, and your first price target of $6.25 seems attainable. As market sentiment improves and buying interest increases, DOT could see notable upward momentum.
Looking forward to read your opinion about it!
Polkadot DOT price completing the formation of "Double bottom" ?Today's idea will be described based on the assumption that the DOTUSDT price has been forming a global trend reversal through "the Double Bottom" pattern for the past six months
Looking at the chart, we can say that DOT was actively bought around $4 in early 2023, in June 2023, and in the fall of 2020 just before the start of the bull run.
However, at the moment, the DOTUSD price has rebounded from "the bottom" relatively weakly, so buyers still have a lot of work ahead of them.
The first stage of the struggle between buyers and sellers may start around $6
The second stage, which is probably the most difficult, is to break through and fix the price of the Polkadot token above $8
The third stage is the daily dynamic growth of the DOT price in the range of $8-15. On the growth, on increased trading volumes, the "big money" will sell at least part of their DOT stocks, and the "little money" will buy and buy them. Why? Maybe because there will be a new series of news about the latest super application of parachains from Polkadot or something like that)
However, it will take at least a few more months for our rather optimistic assumptions described above to come true.
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Finally Dot Looks Ready Seems Like Almost Ready For Massive Recovery Falling Wedge Breakout Has Already Confirmed While Macd Crossover Also Confirming Bulls Strength Decent Volume Coming In Expecting 250%+ Bullish Wave In Midterm
PolkaDot Chart Analysis Polkadot Update
Good news for #DOT enthusiasts! Despite a dip below the 20-day Exponential moving average at $4.95 between June 27 and June 30, the bulls held strong positions, indicating strategic buying at a lower price. MIL:DOT
The current focus for #PolkaDot bulls is to break and sustain the crucial resistance level of $5.56. Once this barrier is conquered, the DOT/USDT currency pair is expected to soar towards $6/$7/$8.
However, reaching $5.564 may attract substantial short-selling pressure. Nonetheless, as long as the bulls prevent the price from dropping below $4.70, the chances of a rebound towards the downward trend line significantly increase.
#DOTUSDT #LQR #TOBTC #LaqiraProtocolThe price is below the static resistance, dynamic resistance and EMA 200. If confirmed in the lower timeframe, you can open a sell position This analysis is not an offer to buy or sell
DOT S&R >>>>>>>>>I Have Tried My Best to Bring the best Possible outcome in this Chart.
Short term important area's cleared for this setup.
It's Not a financial advise.
PLZ DYOR
With hopping success>>>>>
The 4.605-5.408 section corresponds to the buy sectionHello?
Traders, welcome.
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Please also click "Boost".
Have a good day.
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(DOTUSDT chart)
The 4.605-5.408 section corresponds to the buy section.
Therefore, it is necessary to check whether it is supported and rises in the 4.605-5.408 section.
However, since the HA-Low indicator on the 1M chart is formed at the 6.640 point, it is recommended to take an aggressive buying approach.
1st: 6.280-6.640
2nd: 7.530-7.860
3rd: 9.262
Split selling is possible when there is resistance around the 1st - 3rd above.
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** All descriptions are for reference only and do not guarantee profit or loss in investment.
** Even if you know other people's know-how, it takes a considerable period of time to make it your own.
** This is a chart created with my know-how.
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DOTUSDT 1WAnalysis of dot Weekly Time
#DOTUSDT 1W
It is a very good buying opportunity for Held
The flag pattern has broken and is on strong support
TP1 9
TP2 23
DOTDisclaimer
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Trading cryptocurrencies and Forex carries a high level of risk, and may not be suitable for all investors. Before deciding to trade cryptocurrency you should carefully consider your investment objectives, level of experience, and risk appetite. The possibility exists that you could sustain a loss of some or all of your initial investment and therefore you should not invest money that you cannot afford to lose. You should be aware of all the risks associated with cryptocurrency and Forex trading, and seek advice from an independent financial advisor. Since Any opinions, news, research, analyses, prices, or other information contained on this website is provided as general market commentary, and does not constitute investment advice. The Bibres will not accept liability for any loss or damage, including without limitation to, any loss of profit, which may arise directly or indirectly from use of or reliance on such information. All opinions expressed are owned by the respective writer and should never be considered as advice in any form.
A qualified professional should be consulted before making any financial decisions.
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DOT 4Hinterval ReviewAs the third, we will check the DOT chart on the four-hour interval. As we can see, the price is above the uptrend line marked in yellow.
Let's start by marking the price support spots and we see that we first have support at $4.84 but if the price goes lower then we have another support at $4.72 and then we have a very strong support zone at $4.60 $ to $4.42.
Looking the other way, we can similarly determine the places of resistance that the price has to face. And here we see that currently DOT does not have enough strength to break the resistance zone from $5.04 to $5.27, but when this happens, we have another very strong resistance at $5.56, only after a positive test of this resistance we will be able to see a further price increase.
When we turn on the EMA Cross 200, we will see an attempt to return the price to a strong uptrend, but at the moment the price is fighting to maintain this trend.
The CHOP index indicates that there is still a lot of energy to be used, the MACD indicates a return to the local downtrend, while the RSI is in the process of recovering and we are approaching the lower end of the range, which may indicate the imminent end of the current recovery.
DOT should rebound to $5.8Dot forming a somewhat double bottom on the higher time frame, this local rebound of the upper zone should send the price towards the $5.8 area. Stoch RSI is making a decent correction, still not favouring the daily tf for it tho. Could hang in this range a bit more, before we see it move either way. I say up and cross fingers :)
DOTUSD ❕ broke down the channelRSI is near neutral values (4H, 1H and 30m TFs)
Price has consolidated under 50EMA on the 1H TF.
50EMA has broken down 200EMA on 30m TF.
I believe the asset will continue to decline.
DOT Rejection and ReboundDOT rejected and bounced back from its 4-hour 0 Fibonacci range at $5.24. The $4.8 range will be its support. The demand area is there.
