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DOT

POLKADOT- Good swing ahead!!Hi everyone As the price made a jump from 8.55$ to around 10.75$ for DOTUSDT, the possibility of having bull market is becoming more likely. You can see a triangle pattern with 2 pushes down (H1&H2) if we get the indications of the 3rd push in the next couple of bars,we can hope for better price behavior in the future;So the indications are less sell pressure in the next couple of bars, a reversal pattern in around 8-12 bars from here and no breakout from the support level of 9.35$ or the bottom of our triangle. Hope this analysis helps you in a way. I will answer your questions,Just leave a comment below and PRESS THE LIKE BOTTOM please.
by HubAlgo
#DOT/USDT 2HOUR UPDATE !Welcome to this quick DOT/USDT analysis. I have tried my best to bring the best possible outcome in this chart. Reason of trade:- DOT/USDT PARALLEL CHANNELdown side buy the green zone. PARALLEL CHANNEL. Entry:-$8.57,$8.78 Traget:- 15% Stoploss:- $8.05 Remember:-This is not a piece of financial advice. All investment made by me is at my own risk and I am held responsible for my own profit and losses. So, do your own research before investing in this trade. Sorry for my English it is not my native language. Do hit the like button if you like it and share your charts in the comments section. Thank you...
Long
by CryptoSanders9563
1
DOT in the downtrend channelHello everyone, let's take a look at the DOT to USDT chart over the 1 day timeframe. As you can see, the price is moving in the downtrend channel. Let's start with the support line and as you can see we are in the support zone from $ 11.36 to $ 8.07, then the first support in the near future is $ 7.28, if the support breaks, the next one is $ 4.34. Now let's move from the resistance line, as you can see the first resistance is $ 11.24, if you can break it the next resistance will be $ 13.68 and $ 15.63 plus $ 17.59. Looking at the CHOP indicator, we can see that we have a lot of energy in the 1-day range, looking at the MACD indicator we can see that the blue line is moving over the red one, but when it crosses the red one from above, it will confirm the continuation of the downward trend.
by cryptodailyuk
DOT/USDT - Potential Short ScenarioHello Traders! DOT is moving in a downtrend, developing a falling phase. We can expect a new consolidation in the buyers' area of interest at $3.90 - $5.40. It is possible to make medium-term purchases of the asset after the culmination of the sales. It is better to accumulate a position near the support level of $3.90 in the range of $3.90 - $4.60 It will be possible to continue to hold the position with the aim of fixing profits near the price level of $8.25 Good luck and watch out for the market P.S. This is an educational analysis that shall not be considered financial advice
Short
by UnknownUnicorn10064030
1
DOT - Potential Bullish Reversal!Hello TradingView Family / Fellow Traders. This is Richard, as known as theSignalyst. WEEKLY: Left Chart DOT is overall bearish however it is currently sitting around a strong demand zone 5.0 - 7.0 so we will be "looking" for buy setups on lower timeframes. H4: Right Chart DOT is forming a trendline in red but it is not valid yet, so we are waiting for a new swing high to form around it to consider it our trigger swing. (projection in purple) Trigger => Waiting for that swing to form "and then" buy after a momentum candle close above it (gray zone) Meanwhile, until the buy is activated, DOT can still trade lower inside the demand zone or even break it downward. Always follow your trading plan regarding entry, risk management, and trade management. Good luck! All Strategies Are Good; If Managed Properly! ~Rich
by TheSignalyst
22
Does DOT change the direction of the trend?Hello everyone, let's take a look at the DOT to USDT chart on the 1 day timeframe. As you can see, the price is moving in the downtrend channel. Let's start with the line of support and as you can see we are in the support zone from $ 11.36 to $ 8.07, then the first support in the near future is $ 7.43, if the support breaks, the next one is $ 4.6. Now let's move from the resistance line, as you can see the first resistance is $ 11.24, if you can break it the next resistance will be $ 13.68 and $ 15.63 plus $ 17.59. Looking at the CHOP indicator we can see that the energy has been used on the 1 day interval, looking at the MACD indicator we can see that the blue line has crossed the red one from the bottom, which may confirm an uptrend.
by cryptodailyuk
2
DOT expected path for the upcoming weeks- follow me for more ❤️hey, i am merna, a middle-eastern analyst, follow me for more ideas and quotes on twitter! luv ya ❤️ I have drawn a triangle, the sides of the triangle act as S/R levels; if price under it, its resistance, if price is above it its support. Price have approached good support level. If price breaks the triangle UP, then we are targeting R and R2 most likely. S = support R = resistance R2 = 2nd resistance acc = where most of the big players entered long positions , when price approaches these levels they will defend their positions hard. AH = all-time high AL = all-time low
Long
by crypto_sucker19
Will DOT handle the first target?Hello everyone, let's take a look at the DOT to USDT chart over the 1 hour timeframe. As you can see, the price broke above the local downtrend line. It is worth starting with determining the stop loss that we should take into account in the coming hours. As you can see, we chose 3 stop loss: SL1 - $ 10.75, SL2 - $ 10.09, SL3 - $ 9.54. Now let's move on to determining the targets that the price has in front of it and as you can see, the first one is at T1 - $ 11.34 with which the price is currently fighting, the next one is at T2 - $ 12.46. Looking at the CHOP indicator we can see that in the 1 hour interval some energy has been used up, but we have a little bit to continue the movement. On the other hand, the MACD indicator shows an upward trend.
by cryptodailyuk