DOTUSDT#DOTUSDT 4H
The current price of the dot is $7.65. Considering that we have the compression of the candles in this area, if it breaks up with a strong candle and a whale, it will break the yellow trend line and the resistance of $8, and target 1 with 10% profit in It is available. If the upward trend continues up to target 3, we may have a price increase. Pay attention to the risk range that we showed with the red arrow, because below this area equals a heavy fall.
Technical analyst: Amir Hassan Salek
DOTUSDT trade ideas
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DOT/USDT Could DOT breaking out of the Daily Resistance ???💎 DOT's market dynamics have been quite engaging recently. At present, DOT has shown resilience, bouncing back from the demand area and marking its recovery with a strong green candle.
💎 This upward trend is now poised to challenge the daily resistance area. Historically, DOT has faced significant rejections upon reaching this zone. However, a successful breach of this resistance could herald a bullish phase, potentially easing the path towards our designated strong resistance target.
💎 Conversely, should DOT fail to overcome the daily resistance barrier again, it may be inclined to revert downwards, heading back towards the demand zone. This downward trajectory could be more pronounced due to the diminishing momentum.
💎 If DOT cannot maintain its stance above the demand level, the likelihood increases for a descent towards the Bullish OB area, or possibly further down to the strong support area. This scenario would indicate a bearish trend for DOT, necessitating close observation of its support interactions.
DOTUSDT # 001 ( chance for bullish Rally on Alt season ! ) Hello dear traders.
Good days .
Within long time bearish Move , finally DOTUSDT start Bullish move .
On Weekly Gann Square time Frame , 2nd Arc resistance Broken and retested .expected to DOTUSDT grow to the 0.618 or 0.75 Gann Box Fib a level .
Total market is bullish , specially Alt coins have good chance grow enough ..
Chart and rapid map is plotted with help of Gann Square and Gann Box.
Good luck and safe trades.
Thanks for your support and comments.
DOT Bearish Forecast ☁️; BTC, ETH Bullish, ☀️ OutlookBullish skies ☀️ grace the global crypto market for the next 24 hours! Upside potential beams for Bitcoin and altcoins as the SEC approves the first spot Bitcoin ETFs. A very bullish forecast for Ether, with a market correction on the horizon. 🚀
ATTMO predicts a sunny week overall, but watch out for bearish clouds ☁️ looming over Polkadot, signaling potential downside risks.
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DOT - correction incoming? [By Ivan | Skyrex]Hello, everyone!
BINANCE:DOTUSDT demonstrated great pump yesterday. But this pump is not gonna be forever. We can see the early reversal sign right now. 5 Elliott waves structure has been completed and Awesome Oscillator has a bearish divergence. We have a clear correction target is 0.38 Fibonacci, equals $6.3.
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DOTUSDTDOTUSDT is trading in descending channel and printing consistent LLs LHs. Recently the price is broken the important support zone and now retesting the broken level, which is also the 50% Fib retracement level.
If the sell momentum continues the next target could be 5.50
What you guys think of this idea?