DOTUSDT TIME TO BUYA good support area is here 50 ema is giving support to price , here is a small trade from my side
you can use this idea with low leverage ,, im going to open a trade here .
#DYOR #NOTAFINANCIALADVISE
DOTUST trade ideas
TIME TO WAKEY..>?Looks like a wonky-IHS may play out on DOT...but what really catches my attention is the squeeze happening between the 21D EMA (red) and 200D SMA (purp). Breakout of the 200 SMA could spark a nice run for DOT.
Is it time for this OG chain to have it's day?
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
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.
DOTUSDT 2DInverse Head & Shoulder pattern on #DOT 2D chart. Wait for a clean breakout and then enter. It should break the Neckline of iH&S + MA50. Targets are on chart.
DOTUSDTPOLKAUSDT is preparing for downside ? As the instrument break the inclining trendline and also broke through the 100EMA , seems like it is further heading to downside.
DOTUSD IN BREARISH TREND IN IH TFDOTUSD IN BREARISH TREND IN IH TF as printing continuous LH and LL.
DOTUSD ❕ sellers at the readyDOT has consolidated under 200EMA on 1H TF.
RSI chart is moving in bearish zone on 4H, 1H and 30m TFs.
I think the asset will continue to decline after fixing under the support level.
Polka Dot. Spot Signal
1 day Chart.
Direction Flow Chart.
Buying step by step buy and Sell.
Lala Crypto Trade
H&S Head and shoulder pattern on DOT.
This pattern is a variation of a double bottom. the right shoulder represents the retest of the double bottom. we could see a breakout to $7
Weaken create a famous reversal patternDaily Chart
Polka Dot ( BINANCE:DOTUSDT ) has weaken and show that on the chart.
A famous reversal pattern being create on daily timeframe. Now, DOT/USDT is trading at $5.12
We need to wait a confirmation when price breakdown neckline or price will breakout the right shoulder to continue go up. That's 2 scenarios for this case
Wait and see next move
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.
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
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.
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.
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!
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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.
Will the wind blow us down?Trading in this area is risky. Where are the risk takers in the world?
A small growth of 5% or 8% is possible, but the power is falling.
If it can grow and stabilize above the hammer price, then it is ready to fly.
Tell us your thoughts
DOTUSDT 4HHe didn't have the strength to break through the channel, nor to go to the lower edge. He must decide in the next few hours.
DOTUSDT 4H
Key support levels: 4,975 / 4,917
Main Resistance Levels: 5,138 / 5,167
RSI: Buyer
MACD : buyer
MM100 5,113
DOT/USDTI think 5 out of 3 is complete. I will continue to keep it safe. Time will tell if the seller loses
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
