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DOT

Polkadot "W" PatternRemember that time many years ago when we looked at the "W" pattern? The candles form a 'W' after a drop to signal that a reversal is happening... Notice here how strong the volume is... The MACD is moving to bullish also, Polkadot (DOTUSDT) can easily move higher. Note: The charts can always change. You need a plan, knowledge and experience to trade. There is always risks involved. Here we read the charts but new information is coming in at all times. Things can always change and invariably change, always. Whatever we see now won't stay the same for long. We map the different support and resistance levels and buy when see high probability that our move will really show up. We see it going up... The signals also say so. We buy but still know that money can be lost. If we win we accept and appreciate. If we lose we learn from any actions or mistakes, take the loss and move on. Namaste.
Long
by AlanSantana
3
Polkadot Next Train- Well i tought Polkadot would surprise us in this dip and stop around 13$, but TheKing is still TheKing and decides for Altcoins over pressuring them. - Finally Polkadot got a support by his Top of 2020 consolidation. - So DOT dipped around 6.2$ but it could have dipped 5$ and still can. No matter. this is only a buy opportunity for the new train. - We won't see again this kind of huge project back to this price again after the next moon shoot. this is the last time to charge a bag. - When u are shivering, Whales are buying. Happy Tr4Ding !
KRAKEN:DOTUSDLong
by thecryer
16
Dot as the whole market reacts with declinesHello everyone, let's take a look at the DOT to USDT chart on the 1 day time frame as you can see the price is moving under the downtrend line. Let's start with the line of support and as you can see the first support is $ 7.08, if the support breaks down, the next one is $ 4.56. Now let's move from the resistance line as you can see the first resistance is $ 7.68, if you can break it the next resistance will be $ 8.46, $ 9.12 and $ 9.79. Looking at the CHOP indicator, we can see that the energy has been used on the 1-day interval, and the MACD indicator shows a downward trend.
by cryptodailyuk
1
DOT's Trend Will be Determined In the next few days!DOT is in a Symmetrical Triangle Which means the Price can Increase or Decrease Depending On The Break out Which will Happen Pretty Soon! 14.5$ is the Target for bullish Break out and 7.3$ is the target for Bearish Break out! -DOT is in A symmetrical Triangle -wait for Break out to Determine the Trend! -14.5$ and 7.3$ are the Targets depending on the Break out! _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ Thank you for seeing idea . Have a nice day and Good luck
by CobraVanguard
2
Dot.Dot saw a clean 5 wave impulse which started back in August of 2020, the impulse completed in November of 2021. --- since that peak, dot has been correcting in what looks to be a simple zig-zag (labeled as a-b-c). -on june 15th, the correction will have lasted exactly 50% the time it that it took for the impulse to be completed. -there's also a full moon on the 15th of june. -full moons are historically very bullish indications in the market. -dot is forming a triple bullish divergence on the daily time-frame. -currently in a multi-day squeeze. a lot of confluence at $6.73, -midline of bear channel, -100% extension -0.50% in fib time when measuring against the impulsive move. there is a very high area of liquidity just beneath, between $5.78~$5.14. this area could technically be raided with a wick. --- Imminent reversal is expected just after June 15th, Bullish. --- ps. if you have any coins you want me to take a look at, leave them in the comments, or pm me.
BINANCE:DOTUSDLong
by Eloquent
13
DOT in a local downtrend!Hello everyone, let's take a look at the DOT to USDT chart over the 4 hour timeframe. As you can see, the price is moving on the local channel. Let's start with the line of support, and as you can see, the first support that is currently trading at is $ 8.58, if the support breaks down, the next is $ 8.27 and $ 7.31. Now let's move from the resistance line as you can see the first resistance is $ 9.34, if you can break it the next resistance will be $ 9.83, $ 10.21 and $ 10.61. Looking at the CHOP indicator, we can see that in the 4-hour interval some energy has been used, and the MACD indicator clearly shows when we entered the local downward trend (where the red line crossed the blue line from above).
Short
by cryptodailyuk
DOT/USDT: On Buying area, Direct rise expected---- Mid-term Analysis for the next coming 4 weeks to 3 months - Daily on Daily Chart (LOG)------- DOT/USDT: On Buying area, Direct rise expected Context - The Global Crypto market leads by BTC and ETH is still evolving within a bearish market configuration. Like the others digital assets DOT suffered about negative global market situation. - However we are focus on a key buying area now on this coin and we expect a fast and quick recovery regarding technical elements Market configuration - Graphical Elements : Graphical Resistance = 14 & 31 Graphical Support = 5,50 & 2,00 - Mathematical Indicators: EMA ( Exp Moving averages) are still capping the market = Bearish RSI indicator (below) is bouncing off key support = Bullish - Elliot & Harmonic Wave (Fibonacci): Fibonacci Target C (B) has been already reached = 9,50 Fibonacci resistance of the wave in progress = 14,00 Fibonacci support of the wave (c) (B) (max extension) = 5,50 Fibonacci Bullish Target = 19,00 (auto-similar move) Conclusion Preferred case => Regarding the mid-term element, DOT is offering the perfect entry area for a mid-term portfolio configuration in order to anticipate a bullish exit towards 14,00 and 19,00 as long as 5,50 remains support - In extension a larger rise towards the previous top at 31,00 can't be ignored
Long
by JeanJean1983