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DOT

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 MasterAnanda
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
Polkadot (DOT) - July 11Hello? Traders, welcome. By "following", you can always get new information quickly. Please also click "Like". Have a good day. ------------------------------------- (DOTUSDT 1W Chart) Below 10.13 is likely to be a mid- to long-term investment area. In particular, 7.16 and below are likely to be long-term investment areas. Therefore, it is important to know whether it can move higher than 7.16. (1D chart) The contraction period of the Bollinger Bands (60) is short. Therefore, a trend is expected to form in the near future. It is expected that the period from the decline of 7.16 to the vicinity of 5.19 until it rises again to the vicinity of 7.16 is expected to be short. Therefore, if you fail to overcome the psychological burden and make a stop loss when it leads to a further decline, there is a high possibility of a double loss. Therefore, it is recommended to create room to buy when the price is falling. The market can be very volatile if the BTC dominance declines while the BTC price is still in a downtrend. It can be characterized by repeated short-term spikes and dips. You need to think about whether you can't take advantage of it with your trading skills. You should try to earn cash income by short-term trading coins (tokens) that you currently have or increase your holdings. Otherwise, starting an investment in a new coin (token) may require a long period of time to turn into a profit even if the coin market turns upward as the dispersion of funds accelerates. ------------------------------------------------------------ ----------------------------------------------------- ** All indicators are lagging indicators. Therefore, it is important to be aware that the indicator moves accordingly with the movement of price and volume. However, for the sake of convenience, we are talking in reverse for the interpretation of the indicator. ** The MRHAB-T indicator used in the chart is an indicator of our channel that has not been released yet. ** The OBV indicator was re-created by applying a formula to the DepthHouse Trading indicator, an indicator disclosed by oh92. (Thanks for this.) ** Support or resistance is based on the closing price of the 1D chart. ** All descriptions are for reference only and do not guarantee a profit or loss in investment. (Short-term Stop Loss can be said to be a point where profit and loss can be preserved or additional entry can be made through split trading. It is a short-term investment perspective.) ---------------------------------
by readCrypto
Update to my DOT/USD idea - Further moves downHello everyone. Looking at the 4H TF, we have some insight we can use from my previous idea. Some things to note: DOT quickly rejected 7.5 point as expected. We can see a double rejection which to me signals a strong further decline on the descending channel. Due to this, we stay bearish and the ideas from my previous post remain. I was able to get my SHORT position in at 7.5, however you may not see that on this chart, as exchanges have somewhat differing prices for each crypto. What do you think? Let me know.
Short
by UnknownUnicorn11898468
1
DOT / USDT 1DAY CHARTHello everyone, let's take a look at the 1D DOT to USDT chart as you can see the price is moving below the local downtrend line. Let's start by setting goals for the near future that we can consider: T1 = $ 7.38 T2 = $ 8.05 T3 = $ 8.58 and T3 = $ 9.11 Now let's move on to the stop loss in case of further market declines: SL1 = $ 6.81 and SL2 = $ 6.37 Looking at the CHOP indicator, we can see that in the 1D range we are gaining more and more energy, and the MACD indicator shows a local upward trend.
by cryptodailyuk
DOT/USDTesting/tracking elliot wave theory. Please do not trade off idea without S/L. Not financial advice. We're currently sitting on the big green support line, if we lose this we have another support around $3(unlikely) We have already dropped by 88% Going down to the bottom green line would be about a 94% drop from ATH $6 to $3 is 50% drop. We have a small unlikely chance for another 50% drop with a possible gains of 972% Risk Reward ratio: 16 for current price @ $6.9 The more you can get at any price lower than current, your RR ratio is even higher.
BINANCE:DOTUSD
by AyoKu
DOT - it looks badLet's face it. DOT is looking seriously bad. While there is a lot going on on the lower timeframes, it's just over the edge and most reactions we see are purely reaction to DOT on BTC moves - like a flag in the wind with 0 strenghts to lift itself. People say, coins are going below the .886 to die. Well, we gonna see. Regardless of any fundamentals and news, if there is life in that coin, it got to show it now. Depending on how BTC moves now. DOT can rise between 20-40% immediately - and got to get above 2021 lows. Should BTC drop, DOT can easily shrink by another 50%. My lowest targets are in the 1 USD region. #NFA #DYOR
by nl8
5
Polkadot #DOT Update (Jul-06)After losing the $8.5 zone on June 11, DOT has been fluctuating in the range of 6.5-8.5$ for almost a month, which is a sign that it is accumulating at the bottom to prepare for a trend reversal to uptrend. Currently, DOT is also fluctuating in the range of $6.6-7.2 within the past 1 week and this is a good opportunity to help us accumulate DOT and expect a rally to $8.5 after breaking the 7.2$ zone. The $6-6.5 zone is also a very reliable support and DOT hasn't returned to this zone since breaking this level at the end of 2020, so a strong buying force must appear here
Long
by CryptoStation
DOT/USD - Looking weakHello everyone. On the daily chart, we can see major weaknesses in DOT, volume has been decreasing and open interest is down. What is interesting is that the 0.236 FIB support did not hold and thus continued its break lower in the descending channel. We can see DOT is showing a bearish bias. If the price moves below $6.15 support, we are strongly bearish in weekly trend. In terms of macroeconomics, we have FOMC coming up tomorrow, with Powell to talk about inflation and recession concerns. The Fed's continued hawkishness is not promising for the crypto market. CPI is set to release on 13th July. If news is good, a bullish impulse could send DOT above 50 EMA resistance, and bearish momentum is invalidated. How can we trade this? My idea is: SHORT @ 7.5 DOT/USD TP: 4.15 DOT/USD SL: 8.85 DOT/USD Let me know your ideas below.
Short
by UnknownUnicorn11898468
Polkadot Adam & Eve Bottom Pattern (90%+ Potential Profits)We have a classic pattern show up on the DOTUSD (Polkadot) chart. The low was set 13-June; DOTUSD continues trading above support (light blue). Currently, we can see prices challenging EMA10, which is the first barrier to conquer for the bulls to move ahead. As the days go by and prices grow... We can have a massive bullish wave! First, easy 30%... Followed by, 90%+. You can find more on the chart. Remember to plan ahead. Remember patience... The market gives, the market takes. Be strong. Play safe. Thanks a lot for your support. Namaste.
BITMEX:DOTUSD.PLong
by MasterAnanda