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.
Stay weather-wise in the crypto world and follow us for more crypto weather reports!
DOT
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.
Follow us and never miss update!
#DOT/USDT LONG#DOT
We have had a Down flag since May 2022
The price respected the limits of that channel to a great extent
Now we have a breakout of the boundaries of that channel to the upside with a break of the Moving Average 100 up
Price 5.55
First target 7.38
The second goal p.17 9
We are oversold on the MACD and bullish supported by buying momentum
What is DOT's next move?The large wave B of the DOT symbol is over and we are now in an ascending C wave
Wave a consists of C and now we seem to see a correction for wave b of C The green range is the rebuy zone, which consists of two FLIP lines
Closing a weekly candle below the green range will violate the analysis
For risk management, please don't forget stop loss and capital management
Comment if you have any questions
Thank You
Second chance to buy Polkadot?As we know Dot hit rock bottom in October. Since then Polkadot didn't even consolidate, maybe did some pullbacks. This is my idea of how it will go in near future. First support zone is around 6.6-6.8 which is minor support zone. If first support zone can't hold Dot above we most likely to see 5.5-5.75 zone which is a major support zone. And I will be looking for Long position entry either futures and spot.
DOTUSDT.4HBased on the provided market data, the DOT/USDT pair is currently trading at 7.881. The Relative Strength Index (RSI) for 4 hours, 1 day, and 7 days are 41.06, 53.25, and 67.69 respectively. This suggests that the currency is neither overbought nor oversold in the short term (4h), slightly bullish in the medium term (1d), and somewhat overbought in the long term (7d).
The Moving Average Convergence Divergence (MACD) for 4 hours, 1 day, and 7 days are -0.202, 0.412, and 0.681 respectively, indicating a bearish trend in the short term, and a bullish trend in the medium and long term.
The Bollinger Bands (BB) for 4 hours, 1 day, and 7 days are 9.593, 9.600, and 9.610 respectively, suggesting the price is in the lower range, indicating a potential upward movement.
The support levels for 4 hours, 1 day, and 7 days are 7.320, 6.560, and 5.800 respectively. If the price falls below these levels, it may indicate a bearish trend. The resistance levels for 4 hours, 1 day, and 7 days are 8.900, 8.002, and 9.180 respectively. If the price breaks through these levels, it may suggest a bullish trend.
In conclusion, the DOT/USDT pair shows a mixed trend with short-term bearish and long-term bullish signals. It is recommended to keep a close watch on the resistance and support levels, as well as the RSI and MACD for any potential trend reversals or confirmations. Please note that this is just a technical analysis and actual market conditions may vary. Always consider other factors and conduct thorough research before making any investment decisions.
DOT USDT LONG SWING| DOTUSDT | LONG @ 6 - 6.5 | TP @ 6.75, 7, 7.25, 7.5, 7.75 | SL @ 5 | PATTERN = FALLING WEDGE | BYBIT |
Swing trade idea. Kindly follow targets and stop loss. Will update with new targets once all 5 are achieved. Mostly trading with PNF charts, MACD, RSI, Stoch, BPI, Cipher, MA/EMA, Support/Resistance on hourly timeframes and higher time frames
BINANCE:DOTUSDT BINANCE:DOTUSDT.P BINANCE:DOTUSD BYBIT:DOTUSDT.P OKX:DOTUSDT.P MEXC:DOTUSDT.P COINBASE:DOTUSD BYBIT:DOTUSDT
DOT/USDT If DOT Success Breakout the resistance Easy to $13💎 DOT has certainly established itself as a notable player. Currently, DOT is on an upward trajectory, making another attempt to break through a key resistance area.
💎 Earlier, DOT faced rejection at this level, leading to a downward movement. A successful breach of this resistance zone could pave the way for a smoother climb for DOT, potentially allowing it to reach the targeted bearish OB area.
💎 However, should DOT once again fail to surpass this resistance barrier, it might retreat to the support level around $7.7. A more concerning scenario would see DOT descending further, possibly reaching the Bullish OB area.
💎 The Bullish OB zone becomes crucial in this context. For DOT to resume its upward trend, it is essential that it rebounds from this zone, regaining enough momentum to challenge the resistance once more. Failure to hold ground in the Bullish OB area and a subsequent breakdown could signal a shift in DOT's trend from bullish to bearish. Such a development could lead DOT back towards a more substantial demand area.
Polkadot's Journey Beyond Trends and CorrectionsPolkadot has broken the rising trend up in the medium long term. This signals an even stronger rate of growth, but the positive development may result in corrections down in the short term. There is no resistance in the price chart and further rise is indicated.
Volume has previously been high at price tops and low at price bottoms. Volume balance is also positive, which strengthens the trend. The currency has strong positive momentum and further increase is indicated. high RSI may be a sign that the stock is overbought and that there is a chance of a reaction downwards.
DOT/USDT upward momentum? 👀🚀DOT Today Analysis💎 Paradisers, let’s closely examine #DOTUSDT as it’s currently demonstrating a notable market behavior. Poised near a significant resistance, it is anticipated to show a bullish movement from its support following a potential rejection.
💎 #POLKADOT recently overcame the robust resistance at $7.763 and is now approaching the higher resistance level at $9.614. Should CRYPTOCAP:DOT face a rejection at this level, we’re likely to see a bullish continuation from the support at $7.763. If it manages to sustain bullish momentum, it could then aim to conquer the stronger resistance at $10.770.
💎 However, given the inherent volatility of the crypto market, it's imperative to be prepared for different eventualities. If #DOT struggles to maintain its level above the $7.763 support, a recalibration of strategy might be in order. This could mean anticipating a bullish rebound from a lower support level at $6.369. Importantly, should CRYPTOCAP:DOT fall below this secondary support level, it could signal a change towards a bearish market trend. 🌴💰
DOT look juicyDOT really look nice as is currently in an uptrend in all TF but there are liquidity below and DOT is ready to grab that below before pushing higher...... Please don't be induced into this market but longing in CMP...... Wait for the liquidity to be swept before entering into it...
Follow for more market update and trade setup
$KSM Reached to the 1st Target & Ready To Go To The 2ndHi guys,
As I wrote on November 18, after forming a bull flag, NYSE:KSM finally started its uptrend and reached our first target at $32. Kusama must be able to break the 100WMA to reach the second target at the $50 level. In this case, the $50 target will be easily available.
Also before reaching to the $50 target, there is a small resistance at the $40 level, and I expect NYSE:KSM to be involved in those areas for some time. If it crosses $40, our second target will be easily available at $50.
Despite the very good status and high potential that NYSE:KSM and CRYPTOCAP:DOT coins have, we do not forget that everything in the crypto market for altcoins will depend on the decisions of $BTC. So save your profit & don't be greedy.
Please "Like" & "Follow" if you want to see more of these ideas.
Goodluck
$ALGO UPDATED - Resistance Break Inevitable Just a quick update on our previous EURONEXT:ALGO trade, So far, it has performed as expected, hit resistance within the past week, and was rejected slightly back to it, We're currently expecting the current resistance level to break over the next 48 hours.
Levels to focus on and set alerts at
Updated Target level 1(Major Resistance): $0.2398
Updated Target level 2: $0.3610
Updated Target level 3: $0.5077
Targets from last chart remain the same, Expecting us to break UTL1 (Updated Target level 1) within the next 48 hours, after that major resistance I expect a sharp break upwards towards UTL2 before a potential cook off wick and then continuing to next targets, expect the first two targets to be broken within the week.
This is in resistance (DOT)❤️❤️Thanks for boosting 🚀 and supporting us!
📈we are in big renge in daily and sell in ressistance.
📊 (sell) : 7.313
🔴 Stop Loss : 7.960
🎯 Take Profit : 6.558 - 5.968
🔗 For more communication with us, In the footnote and send a message in TradingView.
👨🎓 Experience and Education: Our trading team has five years of experience in financial markets, especially cryptocurrencies.
DOTUSDTDOTUSDT
The coin has every chance of good growth. Following Bitcoin's momentum, we pulled back from the red support and began moving higher. For more global impulses, we need to break through the green resistance line and gain a foothold above it.
If this happens, we will consider the following goals:
1 - 5.98
2 - 6.76
3 - 8.53
4 - 10.42
But don't forget, the higher the goal, the more dangerous it is. Don’t be greedy and fix parts of your profits on time, so that a sharp drop doesn’t eat up your entire profit.
If you like the idea, don't forget to subscribe and rate like👍
DOT LOOKS READY FOR NEW LEVELThank you for reading this update.
Depending on our study we see that DOT has a good chance of volume increase.
This updates depending on day trade, And the market should confirm with time the right market way.
#Nottradingadvice
#For Day traders take always profits when the market increase
#Expect nothing from the markets, but follow what it shows.
DOT Triangle countIf you find this information inspiring/helpful, please consider a boost and follow! Any questions or comments, please leave a comment! Also, check out the links in my signature to get to know me better!
#DOT update.
Looking more and more like a triangle.
No tunnel vision, though.
From here, would like to see a bit more ups before a pivot is put in.
Cheers!