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DOT

Whether it can rise above 5.67 is the keyHello? Traders, welcome. If you "Follow", you can always get new information quickly. Please also click "Boost". Have a good day. ------------------------------------- (DOTBTC 1W chart) It must rise above 0.0003 911 to gain the power of rising. ---------------------------------------- (DOTUSDT 1M Chart) Whether it can rise above 7.16-9.26 is the key. (1W chart) The key is whether it can be supported and rise at 5.11 and rise above 7.16. (1D chart) The key is whether it rises above 5.67 between December 4-6 and receives support. Since the volume profile section is formed in the 6.28-6.60 section, it is important to rise above this section. If not, you need to make sure it is supported in section 4.16-5.11. -------------------------------------------------- ------------------------------------------- ** All descriptions are for reference only and do not guarantee profit or loss in investment. ** If you share this chart, you can use the indicators normally. ** The MRHAB-T indicator includes indicators that indicate points of support and resistance. ** HA SRRC indicators are displayed as StochRSI (line), RSI (columns), and CCI (bgcolor). ** The CCI indicator is displayed in the overbought section (CCI > +100) and oversold section (CCI < -100). (Short-term Stop Loss can be said to be a point where profit or loss can be preserved or additional entry can be made by split trading. This is a short-term investment perspective.) ---------------------------------
by readCrypto
DOT had good price growth over the past week!DOT had good price growth over the past week. Considering that the price had hit the bottom of the descending channel in the range of $5 in the high time frames, we saw the formation of a double bottom pattern and the return of the price above the range of $5.4. This pattern, which is clearly recognizable in the 4-hour time frame, has confirmed the break of this resistance pattern as the pattern's neckline was formed at the $5.4 range. In the same period of time, we can expect further growth up to the short-term target range of $6 by considering an upward trend line on the last pivots and until this dynamic support is fully maintained. The trend is still bearish until the $6 resistance is broken. There is a possibility of a larger twin bottom pattern forming on the intraday, where the $5.10-$5.30 support level could be a good support area to retest demand.
by MonoCoinSignal
9
Polkadot Starts Forming Bottom PatternWe will look at two more Altcoins that are starting to show early bottom/reversal signals, even if it is for just a relief rally. First one is Polkadot (DOTUSDT), the other is The Sandbox (SANDUSDT). Let's start with Polkadot. We can see the rounded bottom in June/July before the upwards correction took place. Now we are seeing a similar pattern with another bullish signal supporting it. We have bullish divergence between DOTUSDT and the RSI. A strong divergence started forming since August. On the short-term side, we see prices trading above EMA10 and moving pass EMA21. This happens while aiming at MA200 or $7.275 as potential target. (A nice 30% potential growth). We know that Polkadot moves together with Bitcoin... Almost all major Altcoins do. So it is a positive signal when we see it go green as Bitcoin is correcting short-term. Additional details on the chart (support & resistance levels). Namaste.
Long
by MasterAnanda
2
Important minor support!DOT continued its downward trend during the last week. But by accurately hitting the bottom of its medium-term descending channel, the price increased just like the Cardano chart. But this increase in price has not shown high power from the buyer. Considering that the price is completely in a downward trend until the resistance of the $6 range becomes support, these reversals can be considered a corrective wave. But on the one hand, because a downward trend line within the channel has been broken upwards, and the last downward wave was a pullback to this trend line, if the short-term market conditions are maintained, the possibility of forming a double bottom pattern for There is a medium-term uptrend. But its confirmation requires breaking the $6 resistance. Also, breaking the $6 resistance can make the 4-hour trend upward. At the time of writing this analysis, the biggest time frame in which the upward trend can be seen is the 1-hour time frame. As long as the minor support level of $5.25-$5.20 is not broken, this short-term uptrend can continue toward the $6 target.
by MonoCoinSignal
7
Polkadot (DOT) - November 23Hello? Traders, welcome. If you "Follow", you can always get new information quickly. Please also click "Boost". Have a good day. ------------------------------------- (DOTBTC 1W chart) The price needs to stay above 0.0003 517 to gain strength. ------------------------------------- (DOTUSDT 1W Chart) Whether it can rise above 11.72 is the key. To do so, we need to see if we can keep the price above 7.16. (1D chart) It is a matter of getting support in the 4.16-5.11 section or higher and being able to rise to the 5.67-6.60 section. In particular, we need to see if we can break out of the downtrend channel. -------------------------------------------------- ------------------------------------------- ** All descriptions are for reference only and do not guarantee profit or loss in investment. ** If you share this chart, you can use the indicators normally. ** The MRHAB-T indicator includes indicators that indicate points of support and resistance. ** HA SRRC indicators are displayed as StochRSI (line), RSI (columns), and CCI (bgcolor). ** The CCI indicator is displayed in the overbought section (CCI > +100) and oversold section (CCI < -100). (Short-term Stop Loss can be said to be a point where profit or loss can be preserved or additional entry can be made by split trading. This is a short-term investment perspective.) ---------------------------------
by readCrypto
DOT / USDT 4H CHART - Targets and Stoploss!Hello everyone, let's look at the 4H DOT to USDT chart as you can see that the price is moving in a sideways trend channel. Let's start by setting goals for the near future that we can take into account: T1 - $5.71 T2 - $5.79 T3 - $5.86 T4 - $5.93 and T5 - $6.04 Now let's move on to the stop loss in case the market goes down further: SL1 - $5.60 SL2 - $5.53 SL3 - $5.48 SL4 - $5.42 and SL5 - $5.34 Looking at the CHOP indicator, we see that the energy is running out on the 4H interval. The MACD indicator indicates that we are in a local downtrend. On the other hand, the RSI indicates that we are quite close to the low and for a period of small accumulation.
by cryptodailyuk
#Polkadot Slumps 90% from Peaks; DOT May drop below $5.3Past Performance of Polkadot After soaring to as highs as $55 in November 2021, DOT is now 89 percent from all-time highs and wallowing against a wave of intense selling pressure. From the daily chart, bears are squarely in charge, and November 16 losses offer no reprieve for buyers. The immediate support lies at $5.3, while any gains above $6.3 may lift Polkadot back to November highs. #Polkadot Technical Analysis DOT prices are inside a bear flag, trending within the two defining bear bars of November 8 and 9. The failure of bulls to flow back, reverse losses of last week, and build on November 10 hints at weakness. Therefore, since prices are below $6.3, trending with low volumes, and inside a bear flag, sellers can double down, targeting $5.3 in the short term. This preview will only shift once DOT surges above $6.3, breaking above the bear flag. Then, the coin might fly to November highs at 7.3. What to Expect from #DOT? Like the rest of the market, Polkadot is under immense selling pressure. After shrinking roughly 90 percent from peaks, there could be more drawdown if immediate support at $5.3 doesn't hold. Resistance level to watch out for: $6.3 Support level to watch out for: $5.3 Disclaimer: Opinions expressed are not investment advice. Do your research.
Short
by Bitcoin_Analyzer