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DOT

DOTUSDT 1HDOT has started a discrete bullish channel in pursuit of MM200. At the moment it is stuck between the median of the keltner channel and the MM100, but with the RSI indicating the exhaustion of selling forces, we will likely see DOT heading towards the upper edge of the Keltner channel and then upper edge of the bullish channel. If we break this channel down, we could reach a support at 4.52. DOT is the lifeblood of an ecosystem that can best be defined as a Hugb of blockchains that are parachains. It is one of the ecosystems with the highest amount of programming input. Unfairly underrated. Here are the supports and resistances: S: 4,545 / 4,411 R:4.67 / 4,668 / 4,746
by ferulianov
🔥IS IT TIME TO SELL ALL YOUR DOTS❓ WATCH THIS PLAN❗🔥 Hi friends! Polkadot is feeling weak that is why I make for you 2 trading plans even with a short trade. 📊 THE SHORT TRADING PLAN FOR DOT: 1. return to the mirror level $5 2. possible false breakout of the local highs 3. bearish BTC ✅ THE TARGETS FOR SHORT: 🔥 $4.5 - key level and even number 🔥 $4 - the key level and even number 🔥 $3.6 -3.7 - the key level 🚩 If there will be no pullbacks down with the liquidity collections at $4.5, the price has a more chance to fall after the growth to the $5 mirror level. ✅ If DOT will make a false breakout at $4.5, so the bulls have more fuel and possibility to hold the price above the $5 level and push the price to our targets: 🔥 $5 - the mirror level and strong resistance 🔥 $5.2-5.35 - the point of control and resistance 🔥 $5.73 - the key level 🚩 Bullish BTC is a must-have in case of long. Traders, let me know your thoughts on DOT. What scenario is more probable for this altcoin? Write in the 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
1
$DOT : POLKADOT Road Map$DOT On a Weekly Chart LONG POSITION -MOMENTUM STRATEGY - SWING 11.30.22 0913H +8 SINGAPORE Disclaimer: The findings of the following analysis are the sole opinions of the publisher of this idea and should not be taken as a piece of investment advice. My Published Ideas are not 100% Accurate. There are many factors at a given time that can change the forecast. ALERT: Forecast Entries for a BULL SWING. Smart money wants a REBOOT of 2018 and all is possible for the forecasted entries based on numbers and the character of the market Let us see how price action reacts on a DAILY chart . Hoping that this BENTO BOX CHART ANALYSIS will efficiently help you with your DYOR as we Enter a NEW SWING CYCLE for LONG positions, either short, mid, or long term. INSTRUCTIONS: HOW TO USE THIS MINIMALIST CHART a.k.a (Bento Box) "Follow the white rabbit!" Just Follow the TOPS and BOTTOMS of the BOXES as a GUIDE to where the MARKET will take you. If it cannot break a TOP or BOTTOM of a BOX, It signifies a reversal. TARGET ZONE IDENTIFICATION: The LARGE BOXES (Tops and Bottoms) are MAJOR turning points that will occur sometime in the future. While the SMALL BOXES (Tops and Bottoms) are MINOR turning points. These can be entries to a BUY/ SELL POSITION, EXIT/PARTIAL EXIT/TOP-UP AREAS, as well as Support and resistance levels Also includes MAXIMUM TARGET EXIT AREA OF VALUE - CONSERVATIVE (If price action conditions are right at that given moment.) NOTE: 1. That PRICE TARGETS for ENTRY and EXITS are DYNAMIC and can CHANGE from time to time. 2. Created using data on a MONTHLY, WEEKLY & DAILY Analysis of a MARKET'S CHARACTER. 3. My BENTO BOXES are designed for SWING TRADES at the LOWEST or START of a SWING CYCLE. 4. At times I will include a WAY BEYOND PARABOLIC PRICE TARGET, depending on The Character of the Market (CRYPTOS ONLY). 5. DYOR for your Fundamentals, Volume , Chart Patterns, Candlestick Math, FIB COILS ( ABC ), Price Action, FIB LEVELS, Market Dynamics, AB=CD Pattern especially institutional and retailer trading psychology . Wishing you all The Best Trades and Thank you all for your Appreciation and Support of My Work. Much thanks to My 3 Mentors. They are so much of a Blessing that I also wish to share my knowledge. Vive Le Autist!
KRAKEN:DOTUSDLong
by The_Crypto_Samurai
8
DOT – bear market bottom soon!Hello, everyone! Today we are going to consider the altcoin which has already broken all possible support levels – it’s Polkadot. Let’s take a look at the 1D time frame of the DOTUSDT chart of the WhiteBit exchange. First of all we have to notice that the price is forming the final wave 5 which is represented as the ending diagonal. I made this conclusion because we have the support and resistance trendlines which form the “falling wedge”. The internal structure of the wave 5 is going to be the entire Elliott wave cycle the sub waves 1 and 2 have been already finished. Now we are in wave 3. It has the natural target 1.61 Fibonacci extension, approximately at $3.5. I am going to buy this asset there with the full position volume, considering it as the bear market bottom. Best regards, Ivan
by Skyrexio
5
DOT - Technical review and analysisDOT had a sharp drop last week and especially the day before. The price, which had been sitting on an important support area and was barely supported by buyers, broke the $5 support as the market rebounded, and the decline continued up to the monthly support level of $4.575 to $3.70. A minor reaction accompanied the first encounter with this support after 720 days. Also, this area is located at the bottom of the medium-term descending channel. But you have to wait until the price stabilizes above this range. Selling pressure is still high in the market, and further price penetration is likely at this level. Two linear support ranges are marked on the chart. First support at $4.36 and second support at $4, which could cause a strong reaction if the price hits these levels. For the price to grow and exit the bearish channel, the strong bearish trend line must first be broken upwards. In this case, we can expect price growth in the coming weeks.
by MonoCoinSignal
1
DOT / USDT 1D CHART - Resistance and SupportHello everyone, I invite you to review the DOTUSDT 1-day chart. It is worth starting by marking with the yellow lines of the downtrend triangle in which we have been moving for over a year, but we are approaching the direction of the price. However, locally, as we can see, the price is below the downtrend line. Now, using the Fib Retracement tool, we will check where we currently have support for the price and here we have the first support at the price of $ 5, from which the price has already rebounded three times, but if the support is broken, we have another support at the price of $ 4.55 and $ 3.82. Looking the other way, we will set the DOT resistance points in the same way and here we have the first resistance at the price of $5.57, the second at the price of $5.92, the third at the price of $6.21 and the fourth at the price of $6.50. On the CHOP index, we see quite a lot of energy, the MACD indicator indicates the entry into a downtrend, while on the RSI we are below half, there is still room for a larger correction.
by cryptodailyuk
DOT / USDT 1D CHART - Resistance and SupportHello everyone, I invite you to review the DOTUSDT chart on a one-day interval, as we can see, the price went down from the triangle in which we were moving and is currently below the downtrend line marked in yellow. In terms of support, we can see that we have touched the upper border of the support zone which runs from $5,121 to $4,957, however, if we fall below this zone, the price may drop to around $4.48. Looking the other way, it is worth determining the current resistance points for the price and so we see that we have the first resistance at $5,243, the second at $5,419, the third at $5,565, then $5.71 and $5,916. As we can see on the CHOP index, there is a lot of energy for the next move, the MACD indicates that we are on the verge of entering a downtrend, and the RSI that we are below half, however, we still have room for a larger drop, so be careful.
by cryptodailyuk
The price is still sitting on an important support level!DOT has been trending down over the past week. The price is still sitting on an important support level in the range of $5.20-$5.25, and there is no sign of positive reaction and price growth from this level. Last week, an uptrend line was broken to the bottom, signaled by the RSI indicator's negative divergence. Only the specified support level is considered the last valid short-term support for the short term. If the selling pressure increases on Polkadot, by breaking this support, the price can continue down to the $4.50-$3.60 range, and the bottom of the descending channel can be fake broken. As soon as the price hits the indicated monthly support, we can expect a strong positive reaction. Considering that the price of the Polkadot currency has reached good support levels, there is a possibility that some market whales will take action to activate the loss limit of buying transactions and fake breaks. For a less risky situation, you should wait until the break of the new downward trend line and the confirmation of the downward angle pattern.
by MonoCoinSignal
5