#DOT/BTC 1DAY UPDATE BY CRYPTOSANDERS !!Welcome to this quick DOT/ BTC analysis.
I have tried my best to bring the best possible outcome in this chart.
Reason of trade:-DOT/ BTC PARALLEL CHANNEL and buy the green zone and (SPOT CALL)
Entry:-0.0003000,0.0003333
Traget:- 50%
Stoploss:- 0.0002722
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...
DOTBTC
Polkadot (DOT) - May 18hello?
Traders, welcome.
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(DOTUSDT 1W Chart)
The key is whether you can get support and rise in the volume profile section formed in the section 9.26-10.13.
In order to continue the upward trend in the medium to long term, it should rise above the 18.42-19.37 section.
(1D chart)
Since 9.26-10.13 is a mid- to long-term investment area, careful trading is required.
Therefore, it is important to see support by moving above 13.64.
However, since a volume profile section is also formed around 19.37, it is expected that the upward trend can be continued only when it rises above 19.37.
Therefore, below the 19.37 point, you need to conduct a transaction by purchase unit price to increase the number of coins you have in a transaction method that increases the number of coins for profit.
If possible, we recommend making a full-fledged investment in Jinhae after confirming the support at 19.37.
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** All indicators are lagging indicators.
Therefore, it is important to be aware that the indicator will move accordingly as price and volume move.
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.)
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$DOT 3D Support Break + Adam and Eve Variation$DOT / Polkadot has broken a huge 3D support around 10.57, shown with the recent 3D candle's retest and failure, thus far. Big sell volume as well on the drop indicating it is likely a true move and not a fake.
I have not traded an Adam and Eve before, and this looks to be a variation of such, I think, don't quote me.
Levels are as follows, invalidated above 10.6 close.
POLKADOT - ROAD TO $200Good morning traders.
DOT/USDT the pair for today, lets begin.
In light of the recent Bitcoin dump, a lot of alts have found themselves at strong support, some below it and stables depegging from the dollar.
Question is, are we at the bottom now?
While i may not be able to clarify if we are at the bottom or not, it doesn't feel like it, I can however say this is a very good buying opportunity for many alts.
From the chart above we have the DOT price back at July 2021 levels, very strong support area. It could however make it's way down to our worst case scenario region which is also in line with the 1.236 fib support level dependng on Bitcoin's price action.
So far we have a Regular flat formed on the chart which in theory has it's C wave to be 61.8%-123.6% of wave AB.
Whether or not this is the bottom it is still a very good buying opportunity (but don't take my word for it).
If the Elliott wave theory is correct (and has been so far), targets for our wave 3 range from $175-$240 dollars(red zone) depending on where the bottom will be.
In the blue zone we have our Take profit region just to ensure we take some of the table in the case of exhaustion.
I expect this to fulfil over a lengthy timeframe given the state of the market but, you never know.
If you agree with this Idea pls like, share and comment your thoughts below.
As always feedback is appreciated!
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
$DOT 4HR Downtrend$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.
$DOT 1D Trendline Break$DOT broke a main support on the 4HR, while breaking a main support trendline on the 1D, and looks to have performed a retest and rejection, so far.
Still holding RSI support trendline on the 1D, something to note.
Any short here would likely be invalidated with a return to 17.3+
POLKADOT on PRZ SupportAccording to the chart, in the important support range, it is on the dynamic trend line and static price support. If we maintain this range, we will have a chance to increase the price to $ 19 and $ 20, otherwise the loss will be stronger with the loss of this range.
Its not Buy or Sell SIGNAL
DYOR
BY : Mohamad Teriz - @AtonicShark
Thoughts on DOTPrice could be trading above the Ichimuko cloud (on longer time frames) in the not too distant future. Get above the cloud and stay there for a bit will be a very bullish sign.
Spotted a nice and clean inverse head and shoulders pattern here as well, so could long the break and could also long the retest of the neckline.
DOT/BTC looks good, and again looks like it wants to get above the cloud on longer time frames (looks closer to doing so that the USDT pair).
DOT/USDT Now in Buying Zone ( Polkadot is 400% Potential )#DOT/USDT TA Update:-
$DOT currently trading at $19
Already did 50% profit.
Now..?
I am again Buying some here.
Entry :- $17-$19
- Bounced from TrendLine Support
- Bullish Engulfing
- Parallel channel Breakout
I am expecting $65 Target for Mid term.
#PolkaDot is Strong potential in Long term.
Stop Loss:- $18
Long term Holder Stop Loss:- $14
Targets:- $30/$40/$65
Polkadot (DOT) - April 19hello?
Traders, welcome.
By "following", you can always get new information quickly.
Please also click "Like".
Have a nice day.
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(DOTUSDT 1W Chart)
Resistance: around 19.37
1st support: around 13.64
2nd support: around 9.26
If it rises above 19.37, it is expected to create a new wave.
(1D chart)
(buy)
- After confirming the support in the section 17.69-19.37
- If possible, it's good to see support in 19.37.
(Stop Loss)
- When it falls below 16.16
(Sell)
- When receiving resistance near 25.07
- When resistance is received in the section 33.80-36.76
Several indicators are set in the section 17.69-19.37.
As such, I think it is a section that will play the role of support and resistance well.
Therefore, it is important to find support or resistance in the 17.69-19.37 section.
If it rises above 36.76, we expect a full-fledged uptrend to continue.
------------------------------------------------------------ -----------------------------------------------------
** All indicators are lagging indicators.
Therefore, it is important to be aware that the indicator will move accordingly as price and volume move.
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.)
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DOTUSDT, Its going exactly to the analysisHello everyone
If you checked our last analysis of DOT the we published, the price exactly moving toward to the analysis and we exactly be ready to take position and buy in the main zone that we shown on chart.
Everything is programming and happening that we expect
Good Luck
Abtin
Previous analysis :
Good Luck
Abtin
Polkadot Bullish BiasIMO its looking good for polkadot.
Its showing similar structure as some other
cryptocurrencies. If we break fib level 0.618
I expect more to come for the whole market
maybe some cashflow moving from stockmarket
to crypto who knows :)
-No FA
-Always do your own research
-Feel free to share,like and suscribe
Polkadot looking interestingPolkadot (DOT) has been quiet for a while vs BTC--but that's often when the best opportunities present themselves. Negative momentum appears to be slowing and I'm seeing Bullish Divergence on the Daily chart. Having said that, I'm still expecting a retest of the Trend Support and that's where I would look to start averaging into a long position. If Support breaks, I'll be looking at 3500 sats for another buy opportunity.
Happy Trading.
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These are my personal views and not financial advice. Please do your own research before investing.
I'd love to hear your thoughts, ideas and feedback. Feel free to Comment and I'll try and get back to you quickly.
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POLKADOT LONGS ✅✅✅Expecting bullish price action on POLKADOT from a weekly perspective as price is in a huge bullish market strucutre on the HTF premise, price rejected the bullish orderblock on the W1 that could act as a valuable area of ,,support,, if you will for the price and from there we can see a clear move to the upside.
What do you think ? Comment below.
DOTUSDT 6H TA : Next MoveIt is in the important resistance range of $ 24, which if it breaks this resistance successfully in the following days, it can continue its upward movement. If it reacts negatively to this range and the support of the dynamic trend line is broken downwards, the possibility of a fall is strengthened. The continuation of the route and strategies are clear in the chart.
Its not Buy or Sell SIGNAL
DYOR
BY : Mohamad Teriz - @AtonicShark