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DOT

💲 Dot 0.618 Within Reach 💲💲 Dot 0.618 within reach 💲 Nearest strong support zone: around the 0.236 fibo level of the downward wave. 💲 Nearest strong resistance zone: around the 0.618 fibo level of the downward wave. 💲 Technical environment: - Moving averages: 50/50 - MACD: Uptrend - RSI: Uptrend 💲 Price action: Dot continues its path northward bouncing perfectly from the support zone set by the fibo level of 0.236 of the downward wave. After such a quick return, there is a very high chance of seeing the 0.618 level of the downward wave in the next few days. 💲 The scenario I'm playing out is a continuation of the upside to the 0.618 area of the downward wave. I don't exclude the possibility of changing the scenario if the market situation changes abruptly. I'm aware of the possibility of a correction at any time, this should be taken into account, If the outlook changes I will publish a post with an update, so I encourage you to actively follow the profile and read the description carefully. 💲 Please do not suggest the path I have outlined with lines it is only a hypothetical scenario. 🚀 If you appreciate my work and effort put into this post then I encourage you to leave a like and give a follow on my profile. 🚀
Long
by InvestMate
1
DOT/USDT Breaking LTB After Reaction at POCBINANCE:DOTUSDTPERP DOT is breaking the long-term LTB after suffering a price reaction in the POC of a session between August and December 2020, see that this zone remained reactive for prices. But now it's easy to think like that since it already happened, however, here I'm going to leave a study done on May 11, 2022 where the 4.39 range was already plotted on my screen, waiting for a price reaction. These plotted regions were reactive, some more, some less, but if you see the price reaching a certain region and consider it important, you can operate more objectively. See how the price arriving in an area where it is interested in being traded works Let's dissect this movement, the numbers are clear possible trades in my view. See that on possible entry 1 it was a falling knife buy, few traders have the stomach for limit buys against the move, but the price level showed strong supply absorption and paid a great risk return. Next we have the possible entry, number 2, see that this is already a clearer and calmer entry for many operators, either by buying limited below the last minimum, with the reading of 3 consecutive breakout failures or the purchase with a stop order at signal bar breakout with projected movement objective. If the operator was unsure with entry number 2, he would have confirmation a few bars ahead, with an opportunity for entry number 3, with a slightly higher price and even so with a potential risk, favorable return, see that this is the entry of the late ones, it sometimes does not occur. And finally entry number 4, which can also be a position increase, this operation 4 would be the purchase of a pullback in the price RANGE in which the buying demand managed to absorb the offer, and consequently the demand should take the market to at least a test in extreme zones where the greatest supply of assets will be found. So the point here is, mark your charts here on TradingView in order to find the best zones where the price should show strength, be it buying or selling and trade in favor of the price reaction. At the moment DOT/USDT is working in an area that is not very favorable for purchases, but these are the levels that I am looking to trade Daily and 4 hours - 5.29 / 5.10 / 4.68 For those who like Fibonacci, the 5.29 and 5.00 range is also important and is confluent with the reference ranges plotted in the study. This idea intends to find relevant zones for Pullbacks in DOT/USDT in search of a purchase for a new high Swing, if these zones do not show a reaction, it is possible that the balance of forces returns in the market and the context becomes more lateral. 🚨Disclaimer: The comments above reflect solely and exclusively my opinion, this is not a recommendation to buy or sell. Just a series of published studies, so that with the community we can discuss tactics and operational techniques.
Education
by leandrosander_
🔥🚩FALSE BREAKOUT ON SHIB CAN LEAD THIS ALTCOIN TO 47% PUMP🔥 Hi friends! Shiba is falling with any other market. After the last false breakout of the key level at $0.014, the price fell by -40%. So you can see how good this pattern work and I explain you how to enter a long trade using the same approach. Now the price already made a false breakout and pumped by 23% after this. I think if SHIB will make a more deep fall, it will be a good chance to open a trade. 📊 THE PRECONDITIONS TO OPEN A LONG: 🔥 false breakout of the key level of $0.00829 🔥 test of the trendline (confirmation of additional support) 🔥 bullish BTC 🚩 The success test of trendline can confirm DOM and Footprint. It's absolutely free scalping tools that help me to track the whales orders and buy/sell crypto with them. ✅ THE MAIN TARGEST FOR SHIB: 1. $0.0093 - the key level 2. $0.01 - the key level and local high 3. $0.015 - value area Traders, what do you think about SHIB? Do meme coins has a future at crypto market? Write your thoughts in comments! 💻Friends, press the "boost"🚀 button, write comments and share with your friends - it will be the best THANK YOU. P.S. Personally, I open an entry if the price shows it according to my strategy. Always do your analysis before making a trade.
by Yuriy_Bishko
10
✴️ Polkadot | The Beauty of TradingHere what's great about trading cryptocurrencies. The beauty of trading in general... Endless opportunities. If you miss one pair, one asset, crypto or stock... There is always another one and another one and another one. It doesn't matter if you like to be LONG or SHORT, the market will provide opportunities always, in all timeframes you just have to do your job. That's why my focus is 100% on studying and personal growth. In order to be able to grow money, to make money "fast", I have to be able to make it slow and since opportunities are endless, I can take my time in preparation because when I am ready, the market will still be there waiting... Without the right preparation we make mistakes and these mistake will lead us to lose money instead of earn. There can never be a hurry... If by any chance you have to hurry, you are desperate, you can take this as the strongest signal that you have to wait and can't trade. I use this all the time. If I want to do something and I get excited about it, that's the signal that I am not ready I need more time before I get this done. It applies to trading... If you have to "run", "do it fast"... Then you might want to sit it out and see what happens... If you miss an opportunity no problem, endless opportunities are available within the financial markets and honestly all throughout this world. Here is Polkadot (DOTUSDT), just today the downtrend is broken, which opens the door for additional growth. So, if you missed one pair, here is another one. Once we start looking at the smaller altcoins, pretty soon, we will find more and more and more and more... If you feel you missed anything do not fret about it. You can come right here to this very platform and visit my profile, you will find so many opportunities it will be hard to pick one. We had plenty of time to prepare... But it is never too late to get started, whatever happened just adapt and change. Namaste.
Long
by AlanSantana
6
DOTUSD Broke above the 2 year Falling Wedge!Polkadot (DOTUSD) just broke above the Falling Wedge pattern that was in effect since early 2021. This 2-year pattern has been basically dictating the pace of the current Bear Cycle but as you see on this 1W chart, it eventually ran out of room, was trading tightly within its top (Lower Highs trend-line) and bottom (Lower Lows trend-line) in the past 2 months and eventually broke to the upside. This alone is a major bullish development but we would like to see a closing above the 1D MA200 (orange trend-line) in order to confirm the end of the Bear Cycle. If broken, it will be the first time the price is above the 1D MA200 in more than a year (since January 05 2022). In that case, the Fibonacci retracement levels can be targeted in succession, with the 0.5 (Fib) at 15.50 estimated to get reached by August 2023. A strong sign that shows that the market has priced its bottom is the 1W RSI, which has been flat on its Support since June 2022 and also broke above the Lower Highs trend-line that started all the way back to the February 2021 High. ------------------------------------------------------------------------------- ** Please LIKE 👍, FOLLOW ✅, SHARE 🙌 and COMMENT ✍ if you enjoy this idea! Also share your ideas and charts in the comments section below! ** ------------------------------------------------------------------------------- 💸💸💸💸💸💸 👇 👇 👇 👇 👇 👇
BINANCE:DOTUSDLong
by TradingShot
2
DOT / USDT 4H CHART - Resistance and SupportHello everyone, I invite you to review the DOT/USDT chart, on a four-hour interval. Let's start by marking the downtrend channel with the blue lines, as we can see, we are close to the third attempt at an uptrend from the channel as the price has bounced off this border twice already. However, here we can also see a rounding bottom pattern formed, which may help change the current trajectory of the move in this situation. When the price positively tests the current resistance level, we should see an upward move. As for the support that is relevant at the moment, we should mark the support zone from $4.76 to $4.22. However, when the price retests the first resistance and we move further up, the price will have to break the resistance zone from $5.43 to $5.80, only then we will move towards $6.18. When we look at the EMA Cross 10 and 30, we see that the red line has crossed the green one from below, which is a confirmation of the price increase signal, but it should be watched for a false breakout.
by cryptodailyuk
Polkadot Black Friday- Everything is in graph. - Weekly predominant bullish divergence on RSI. ---------------------------------------------------------------------- - i won't speak "Price to Buy", but WHEN to buy : ---------------------------------------------------------------------- - Buy a Dip and wait for the end of this triangle. or - Buy a Breakout from the same triangle. ---------------------------------------------------------------------- - Black Friday is Real. Happy Tr4Ding !
KRAKEN:DOTUSD
by thecryer
21