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DOTUSDT trade ideas

A nice entry with the retest of the breakout level on DOT?DOT/USDT has broken a descending trend and seems for a potential breakout. In these scenarios, price action often revisits the breakout level which could lead for a potential good entry. Look for an entry as price touches the previously broken trendline. Place a stop loss below the low pivot point. Target: Upside first target is around 5.55$ (a previous low pivot). I would close the 70% for the position and make this pivot my new stop. Second target is around 6.60$ if it comes to this I would close the remaning 30% (whole of the position left).
Long
by Atlantean_Trade
Dotusdt Trading opportunityDotusdt pair is currently trading above a significant trendline, which has recently served as a robust resistance barrier. Following the breakout, there was a noticeable retracement towards the trendline, resulting in a considerable rebound. Our plan involves adopting a cautious approach, awaiting a secondary approach towards the trendline before initiating a long position. It is crucial to closely monitor the immediate resistance level indicated on the chart. A breach above this level could catalyze a substantial increase in trading volume for the coin, thereby presenting an opportune moment to enter a long position on the subsequent pullback should the price successfully exceed this threshold. Furthermore, the ultimate bullish objective in the medium term is identified as a pronounced supply zone. We value your participation and feedback. Thank you.
by weslad
7
DOTUSDT / TRADING ABOVE TURNING LEVEL - 4HDOTUSDT / 4H TIME FRAME HELLO TRADERS Tendency , prices is under upward pressure , until trading above turning level at 4.544 Upward Condition : The price is currently experiencing bullish momentum. As long as it remains above the 4.544 turning level , it is likely to move upward toward the resistance levels of 4.881 and then 5.370. Downward Condition : To reach the 4.255 support level (1) , the price needs to first break the turning level by closing a 4-hour candle below 4.544. If it stabilizes below support level (1) , a further decline toward the support level (2) at 3.894 can be anticipated . TARGET UPWARD ZONE : RESISTANCE LEVEL (1) : 4.881 . RESISTANCE LEVEL (2) : 5.370 . TARGET DOWNWARD ZONE : SUPPORT LEVEL (1) : 4.255 . SUPPORT LEVEL (2) : 3.894 . TURNING LEVEL : 4.544 .
Long
by ArinaKarayi
PolkaDot In 2034? 300 Days Double-Bottom & New ATH (2,970% Pot.)Hello future millionaire, how are you feeling today? Let's do a quick exercise for this one... Imagine yourself, the world, ten years into the future; the year is now 2024... Hold on! One minute. Let's go back... Let's start at the year 2024, present day, instead of going into the future, think yourself into the past, think back 10 years ago; the year is now 2014. What do you see? Dealing in Bitcoin was an illegal venture. People buying and selling Bitcoin needed to be watched and tracked as they were all assumed to be creepy cyber porn related criminals... Present day, if you were buying Bitcoin ten years ago it is likely that you are considered a genius, a visionary, a very smart and wise human being. All the world's biggest money managers now hold Bitcoin and want more Bitcoin, they cannot get enough Crypto and they will continue to buy more. Institutions, nations, pension funds and son on... Things change. Now, imagine the world economy, finance, Crypto, ten years into the future; the year is now 2034. What will people think of you, that joined this market in this "early age"? What will people think of your decision to buy and hold? You will be considered not just a smart person, a genius or a visionary, you are going to be a billionaire, that's for sure. With this vision in mind, let's look at the chart for PolkaDot. Remember, Bitcoin is the Cryptocurrency market; the Cryptocurrency market is Bitcoin. Bitcoin is the same as all the altcoins. The altcoins are an extension of Bitcoin. We are all one. We are one and the same. Bitcoin is Ethereum, is Solana, Binance Coin, PolkaDot, XRP, Cardano, Dogecoin, Toncoin, Avalanche, Tron, Link, Shiba and the rest. The protocol is different, the developers are different, the ideas are different, the core mentality is the same. It is the evolution of money; the evolution of finance, that's the essence... Join us today. ➢ Technical Analysis PolkaDot (DOTUSDT) this month, produced a long-term double-bottom that is 294 days old. This double-bottom pattern is likely to be followed by some consolidation, the "accumulation phase," the one we discussed earlier this month on many projects, and then maximum growth. There will be some stops along the way to the top but we will not concern ourselves today with those. I will share more analyses for the short-term, here we came to look at the All-Time High, WAKE UP!, prepare for the upcoming bullish wave! $144 Is a fibonacci number, so it is pretty interesting that it came up as the next All-Time High. If we calculate total growth potential from current price, we reach 2,970% or almost 31X. Add 3-5X leverage and you know the crazy potential for gains. It is amazing... If it wasn't for the fact that we have seen this before, many times, I wouldn't believe it. We don't blame you if you are new and you doubt, but when the action starts, it is something amazing. It is awesome. The cryptocurrency market has the most loving, the most spiritual, the most humble and the most advanced, smart and intelligent people of all the financial markets in the world. Yes, we have our problems like everything else, but we are growing and getting better and better, and better we will continue to aim to go higher, keep growing and produce innovation that will uplift the entire world. PolkaDot is another baby of this financial innovation created by us. It was created by humans, for humans and it is up to us to use it and enjoy. Welcome to the Altcoins market. Welcome to Cryptocurrency. Welcome to Bitcoin. Enjoy PolkaDot. Thanks a lot for your continued support. You are appreciate more than you know. Namaste.
Long
by AlanSantana
17