short trem dot i think she made the pattern of the flag and it is inappropriate to enter after leaving in any direction
DOT
DOTUSDT LongDOTUSDT Long
Buy now or Buy on 31.50
Support1 @ 31.50
Support2 @ 29.35
SL @ 28.99
TP1 @ 44.50
TP2 @ 53.10
Researcher Strategy v2
DOTEUR #polkadot - Next target is the lowest fibo level 0.618Next target is the lowest fibo level 0.618
$DOT - Back to supportDOT has reached initial long-term support.
Expecting buyers to re-enter and DOT to range around the $7 mark
B, HF
Long time since we were here!
SCENARIO 2 FOR A POLKADOT BOTTOMPls visit our last Polkadot analysis for better context.
As we know DOT was inside an ascending triangle pattern ( bullish ), however price has fallen out of that pattern for a much larger wave 2 correction.
Should price fail to close back inside the triangle and i think it wil fail due to bitcoin's vacation, we will have ourselves in play, a regular flat correction for wave 2, comprising of a large ABC correction with the C wave being a 5 way impulse move marking a 100% retracement of our Wave AB and aligns perfectly with the downward trend channel price seems to have created.
Make sure to apply proper risk management.
Goodluck
BTC range retest. Consolidation is key.While most traders are warning of bear markets and crypto collapse, it is time for us to zoom out just a little bit.
Bitcoin has been trading in a "range" for the best 2 years, and i think this fall will be much less severe than we think it is.
My most likely scenario would be a wick under the previous supports, as to grab untouched liquidity from the lower levels, and maybe even fill the cma gap at 24k.
THIS IS MIGHT BE OUR TIME TO BUY. 24K/28K IS GOLDEN AREA.
If we are still trading in the range, a bounce should be expected with a long consolidation back to 35k levels.
If we are no longer in a range, keep your stop losses tight and your risk management in order.
BTC- Update a few months laterHi,
As you can see...$BTC is still not looking attractive in any sense of matter. The ALT coins are starting to decouple as seen in the previous cycles.
IMO we have been in a bear market for quite some time now, waiting on BTC to finally capitulate. A test around $20,000 will offer some amazing risk/reward opportunities on almost all bluechips in crypto.
I have over 60% of my portfolio in USD, waiting for the right time to buy. Every dip is not worth buying, no matter which Twitter influencer told you so.
I will be splitting my holdings into two groups- Blue Chips and Meta-verse.
META-
$UOS
$VRA
$SUPER
$PYR
$FTM
$SOUL
BLUECHIPS-
$BTC
$ETH
$DOT
$LINK
$ADAX
$SOL
DOT Bearish Gartlay still in play$DOT Bearish Gartlay still in play...
Next major support areas to hold are $12.54 & $10.37.
DOT on support, three price targets possibleHello everyone, let's take a look at the 1H DOT to USDT chart. As you can see, the price is moving below the local downtrend line.
Let's start with marking the support line and as you can see the first support in the near future is $ 14.06, here it is worth setting the first stop loss, if the support breaks, the next support is at $ 12.75, here it is worth setting the second stop loss. Next we have a support zone from $ 11.36 to $ 8.07
Now let's move from the resistance line as you can see the first resistance is $ 16.19, if you can break it the next resistance will be $ 17.63 and $ 18.86.
Looking at the CHOP indicator, we can see that in the 1H interval we have a lot of energy for new movement in the coming hours.
POLKADOT-Can a good news save an asset?Hello everyone
Due to the bad news from wallsreet and Nasdaq, a big red bar appeared on every chart, on daily of coarse.It's not the first time we had more than 10% fall in crypto market.
On daily chart of DOTUSDT, there's a double bottom pattern forming, which can take the price to our resistance level of 15.5$ and maybe break out of our bear trend line; As for our support, price levels of 14.5$ and 14$ are in place , plus a weekly trend line which held on good in the past couple of days.
We may get a doji bar for today,because of the news and fear, so just don't expect that much from the market today.
I will be glad to hear some feedback and questions.
Polkadot is going to rise highAs you can see from the daily chart Polkadot / BTC has made a bottom and has a huge pottential to rise up soon. Of course BTC moves will be important to follow.
Of course this is not a financial advise,((trade based on your own decision ))
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DOT - THIRD LEG DOWN IN PLAY?
We have really long consolidaion on crypto markets. We can see a half year long wedge on DOT. Falling wedges love to be touched three times on the downside line ;) Third leg down also would mean we are going down from curent range sarted at the begginig of the year, so move down should be huge, 25-30% at least towards 10/11 usd. For now test of 16 is possible.
$DOT 4HR Downtrend$DOT seeing a harsh downtrend on the 4HR, seeing recent buyers at the 14.5 level. IMO if we lose that, we see 14 even, lose that we see low 13. RSI and price seeing resistance simultaneously.
On the flip, if buyers can hold 14.5, this could be a decent breakout point. RSI resistance break could give an early signal.
Note, I personally see the recent RSI break under the 14MA as bearish > bullish momentum.
$DOT BUY! Ready for 4x$DOT is at the bottom of the channel, ready for it's next bullish movement from $15 to $60.
It's a great time to buy
DOT must hold 14 for Inv.H&S or 11 will be the next D.BottomPOLKADOT forms Inv H&S with the head at 14. Dot has to hold 14 for this pattern to remain valid. Breaking above the neckline at 23 will start a big rally.
If 14 does not hold, expect DOT to make a double bottom at 11.
Not trading advice
DOT USDT Futures SignalHello TradingView community and my subscribers, please if you like ideas do not forget to support it with your like and comment, thank you so much and we will start.
Today I want to share my opinion with you about dot / usdt
#DOT / USDT Buy #Signal @everyoneBuy zone in yellow range
Potential targets around green levels
Buy & Hold investment idea not day trade
Stop loss (if any) depends on your strategy so decide yourself
**Remember money management**
DOT daily looks to have hit bottom and has turned bullish?DOT daily is in such a great position for upside.
DeMark 9 reads it has hit bottom. support levels
are listed and starting price targets are listed.
Watch for the retracment to the Golden Pocket
range for the first consoldidation zone. Fear meter
is in our faces...what does that tell you?
Great trading week ahead.
#btcstarburst Polkadot DCA Always…Possibly one of the most promising Alts in the space… Great partnerships although still being drained from btc, can see at least 300% gain potential from here… Interesting link is not ahead… I would expect a major jump once staking becomes available sine they are in a class of their own… hopefully people are taking advantage of the market safely…DCA safely get rich in the bear market, be patient and sell with the bulls this is a Gann study
DOT / USDTI do trading based on patterns and breakouts or breakdowns
In D1 Time frame you can see bullish divergence
Just wait for the confirmation based on your strategy on entry and exit TO make it short or long
My analysis are good for short term don't use it for holding or long term
THIS IS NOT FINANCIA ADVICE / USE STOP LOSS
POlkadotDot Technical analysis basically on elliott waves Principles and Priceaction Strategy
Dot can be 100$ Wave 3 is loading...
Wait and watch.
