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DOTUSDT 12h Possible scenario movement for Polkadot priceToday we will analyze the local situation on the DOTUSDT price schedule. But to begin with, we recommend that you familiarize yourself with our global idea of ​​DOTUSD on a 3-day timeframe. At the final price squeeze, sellers managed to spill the price below $6.36 to $6.02. However, buyers sharply bought the decline and closed the trading day at $6.46, after which the growth continued. If we compare the price rebound of DOT with other altcoins, we can say that it is average in terms of values, maybe even weaker than the average statistical rebound. However, if you believe in the prospects of the Polkadot project and ecosystem, but did not have time to buy it at the bottom, then fate may give you a second chance. Buying in the area $6.65-7.00 And further growth is possible according to the following route: $7.00 - $9.00 - $7.50 - $10.00 _______________________________ Since 2016 , we have been analyzing and trading the cryptocurrency market. We transform our knowledge, trading moods and experience into ideas. Each "like under the idea" boosts the level of our happiness by 0.05%. If we help you to be calmer and richer — help us to be happier :)
by P_S_trade
39
Polkadot Closes Full Green (100% Or More Still Available)Yesterday Polkadot (DOTUSDT) produced a full green candle and managed to close above EMA50 for the first time since March. The doors are open for massive bullish action. We have multiple targets to the upside but MA200 or the 1.618 Fib. extension level is the main one. From the current price, that's a 100%+ potential. (1,000%+ on 10X lev.) Are you certain that prices will go there? We have the same bottom pattern we looked many times in the past. Each altcoin trading pair that had this pattern, low on 12-May followed by lower low 13-June, etc. have gone all the way up to MA200 and EMA300. Polkadot is no exception, this altcoin pair will also grow. Namaste.
Long
by AlanSantana
DOT / USDT 4H CHART - fight the resistance!Hello everyone, let's take a look at the 4H DOT to USDT chart as you can see the price broke above the local downtrend channel and started a local uptrend. Let's start by setting goals for the near future that we can consider: T1 = $ 7.96 T2 = $ 8.49 T3 = $ 9.10 and T4 = $ 9.94 Now let's move on to the stop loss in case of further market declines: SL1 = $ 7.55 SL2 = $ 7.26 SL3 = $ 7.00 SL4 = $ 6.77 and SL5 = $ 6.43 Looking at the CHOP indicator, we can see that in the 4H range we still have energy to continue the movement and the MACD indicator confirms the local upward trend.
Short
by cryptodailyuk
Falling wedge patern with decreasing volume Polkadot to 16$Hello traders, after having made a long research i think that dot could make a very strong move to the upside due to the falling wedge pattern that printed on daily time frame. In my opinion it looks really bullish, but not only for the falling wedge on daily, it has also descending volume witch is a confirmation sign and means that to see an increase on volume it's a matter of time. It has already performed a success full breakout and a retest and now it is trading above of the upper trend line of the falling wedge. It is likely for it to go to 16$, but anything is sure in the market so i will keep moving the stop behind the key levels. It will be more likely to reach higher prices if it manages to surpass the exponential moving average of 55 on daily around 8.6$ witch is too a resistance. If will be glad to see what do you think in the comments and if you agree with me push the like button.
Long
by piccard54
Polkadot Moves... Over 755% Potential (6X Lev.)I was looking to share Polkadot (DOTUSDT) and the chart looks so good that we had to go with a trade. We are active now on this one, "low risk" because we go with 6X lev. Normally we use 10X. But at any time one can do 8X, 6X or even 3X and still the potential is huge/great. Ok. Still.... No numbers. But since we recommend this for experts only, I spot the chart setup and you take care of the rest. THIS IS NOT FINANCIAL ADVICE. Leveraged trading is high risk and not for beginners. Will it grow? Not the right question. If it goes down, we stop the trade at a lost. If it goes up, it becomes a winner, we collect profits and move on. We do not predict, we position ourselves and let the market decide which way it will go. Some we win, many we lose... That's the game. Those whoe can't take a loss cannot trade, because even the best traders in the history of the world have loses, all of the time... The point is to spot chart setups/trades, that are low risk but instead offer high potential for rewards. We sound like a broken record... We hope this is useful to you. We hope you make tons of money. We hope you live a long healthy and enjoyable live. We are wishing you the best now & always. Namaste.
Long
by AlanSantana
11
DOT - We are about to break 44 DAYS old trendline!Reasons to take long: ⭐️ BTC bullish ⭐️ Trendline is 44 days old ⭐️ Trendline is clean ⭐️ In the end of local formation ⭐️ Slowly squeezing to the trendline ⭐️ 4th touch ⭐️ 35 ATR ⭐️ Over VWAP Will enter when price squeezes to the trendline on 5m timeframe, the base will form and the tape will get faster. If you don't understand the previous sentence, just use swing stop-loss 3-5% Fix profit by parts: 1% - 1/3 2% - 1/3, stoploss to breakeven What's left, hold to the maximum What do you think of this idea? What is your opinion? Share it in the comments📄🖌 If you like the idea, please give it a like. This is the best "Thank you!" for the author 😊 P.S. Always do your own analysis before a trade. Put a stop loss. Fix profit in parts. Withdraw profits in fiat and reward yourself and your loved ones
Long
by Artem_Dishel
10
DOTUSDT short term biasKeeping in view the situation of the BTC and bearish cycle on macro-level, DOT is poised to fake out or fake impulse towards upside, which will trap the bulls and it will suddenly break down and take a dip. Rate hikes and inflation will have its effect on the BTC so as on the ALTS. Areas to keep in my mind for shorting are 8.4 and 7.6. I t might drop from the current price as well. More confirmation for short entries can only be taken on lower time frames if some one wants to take short positions.
Short
by daily_trades
2
DOTUSDT 3D Medium-term trade with P/L = 10/1Today we will look at the global chart of the DOTUSDT trading pair on a 3-day time frame. The last global idea on DOTUSDT we published 8 months ago, then the downward trend began, which continues to this day. At that time, DOT buyers were very determined to continue the growth, because on 11.11.2021, the first parachains in the Polkadot ecosystem were to be launched. But the situation on the Dotusd chart that we saw suggested that the price will soon begin to decrease, from $50 at least to the $14-18 zone. Of course, we were criticized then in the comments under the idea, that we do not understand what we are writing, only growth and nothing more wrote users TW... But what do we see now? The DOT price is 2 times lower than our pessimistic forecast from the previous idea. Now DOT buyers are trying not to let the DOTUSDT price fall below the liquidity level of $6.50 Not bad conditions to try a medium-term trade for a small part of the deposit: Entrance $6.50-6.70 Stop $6.365 (-5%) Take $9.95 (+48.5%) The profit/loss ratio is 10/1 Below $6.36, it is most likely not worth holding DOT, because then fall can continue to $5-5.20 area _______________________________ Since 2016 , we have been analyzing and trading the cryptocurrency market. We transform our knowledge, trading moods and experience into ideas. Each "like under the idea" boosts the level of our happiness by 0.05%. If we help you to be calmer and richer — help us to be happier :)
by P_S_trade
37