Significance of the 9.262-10.131 sectionHello?
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(DOTBTC 1W chart)
The question is whether it can break out of the downtrend channel and rise above 0.0003 911.
Therefore, it must rise above 0.0003 911 to gain or dissipate the rising force.
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(DOTUSDT 1W Chart)
The question is whether it can break out of the downtrend channel and rise above 7.530.
If not, you should check for support around 5.192.
(1D chart)
The downtrend line passing through the top is not yet accurate.
Therefore, the downtrend line is valid only when the candlestick closes with a lower candlestick this week.
In any case, it is important to see if the price can sustain itself by moving higher above the 6.208-6.440 zone.
If not, it is expected to fall below 5.674.
Depending on the movement of BTC, it is expected to touch the circle section marked on the chart.
From a mid- to long-term perspective, the important section is the 9.262-10.131 section.
If the price holds above this zone, it is expected that the mid- to long-term uptrend will begin.
DOT is one of the coins expanding the coin ecosystem.
Therefore, it is one of the coins that can be invested in from a mid- to long-term perspective.
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** All descriptions are for reference only and do not guarantee profit or loss in investment.
** If you share this chart, you can use the indicators normally.
** The MRHAB-T indicator includes indicators that indicate points of support and resistance.
** Check the formulas for the MS-Signal, HA-Low, and HA-High indicators at ().
(Short-term Stop Loss can be said to be a point where profit or loss can be preserved or additional entry can be made by split trading. This is a short-term investment perspective.)
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DOTUSD
DOT ANALYSIS Next MovesHaving gotten +34% Profit Already on any capital Used...
Next Possible Move on DOT/USD
1. Possible Inverse Head and Shoulder ....Follow the Yellow Arrow direction ...with possible target of $9 to 10$
2. Breakout target of the falling wedge which the target is the top of the Wedge
N.B: a retest of 5.0$
DOT/USDT Perp, new ATL coming?? Greetings all, I am back with my analysis of DOT/USDT Perp. As the current mini bull run is reaching its conclusion, it's my belief that the bear market has not fully subsided. The current market price for DOT/USDT is $6.656. After having taken some profits from a previous long position, I think it is prudent to consider a retracement.
A close examination of the higher time frame market structure reveals that DOT/USD has yet to clear the previous November high. This is a crucial technical level, and as a result, I believe that a retracement to the $5 area is likely. In light of this, I have taken a small short position with a target of $5.5, where I plan to take profit. My invalidation level has been marked on the chart.
As always, I advise all traders to conduct their own research and manage their risk appropriately.
DOTUSD - A Quick 10% Gain After Breaking Trend LinePolkadot seems to have just broken through that long descending trend line after testing this line a few times historically. There's a good area for the price to head to of recent consolidation so we'll be aiming for around 10% gains to reach the bottom edge of this area after a Buy signal from Crypto Tipster v2.
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DOTUSD Futures ( DOTUSD03G2023 ), H4 Potential for Bullish RiseTitle: DOTUSD Futures ( DOTUSD03G2023 ), H4 Potential for Bullish Rise
Type: Bullish Rise
Resistance: 6.705
Pivot: 6.326
Support: 6.030
Preferred case: Looking at the H4 chart, my overall bias for DOTUSD03G2023 is bullish due to the current price being above the Ichimoku cloud, indicating a bullish market. Expecting price to retest the pivot at 6.326, where the 38.2% Fibonacci line is before continue heading towards the resistance at 6.705, where the previous swing high is.
Alternative scenario: Price could head back down to retest the pivot at 6.326, where the 38.2% Fibonacci line is, before heading towards the support at 6.030, where the previous swing low is.
Fundamentals: There are no major news.
DOTUSD Futures ( DOTUSDT), H4 Potential for Bullish ContinuationTitle: DOTUSD Futures ( DOTUSDT), H4 Potential for Bullish Continuation
Type: Bullish Continuation
Resistance: 7.222
Pivot: 6.539
Support: 6.201
Preferred case: Looking at the H4 chart, my overall bias for DOTUSD is bullish due to the current price being above the Ichimoku cloud , indicating a bullish market. Expecting price to continue heading towards the resistance at 7.222, where the previous swing high is.
Alternative scenario: Price could head back down to break the pivot at 6.539, where the 38.2% Fibonacci line is, before heading towards the support at 6.201 where the 50% Fibonacci line is.
Fundamentals: There are no major news.
✅TS ❕ DOTUSD: wedge✅✅ DOT has reached the resistance area.
The price has formed a reversal pattern.
I expect a breakout of the rising wedge and a further fall. ✅
🚀 SELL scenario: short to 6.109. 🚀
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DOTUSD Potential for Bullish Continuation| 26th January 2023Looking at the H4 chart, my overall bias for DOTUSD is bullish due to the current price being above the Ichimoku cloud , indicating a bullish market. With price tapping into my buy entry at 6.124, where the overlap support and 23.6% Fibonacci line is, we are looking to take profit at 7.415, where the previous swing high is. Stop loss will be placed at 5.704, where the previous overlap support is.
Any opinions, news, research, analyses, prices, other information, or links to third-party sites contained on this website are provided on an "as-is" basis, as general market commentary, and do not constitute investment advice. The market commentary has not been prepared in accordance with legal requirements designed to promote the independence of investment research, and it is therefore not subject to any prohibition on dealing ahead of dissemination. Although this commentary is not produced by an independent source, FXCM takes all sufficient steps to eliminate or prevent any conflicts of interest arising out of the production and dissemination of this communication. The employees of FXCM commit to acting in the clients' best interests and represent their views without misleading, deceiving, or otherwise impairing the clients' ability to make informed investment decisions. For more information about the FXCM's internal organizational and administrative arrangements for the prevention of conflicts, please refer to the Firms' Managing Conflicts Policy. Please ensure that you read and understand our Full Disclaimer and Liability provision concerning the foregoing Information, which can be accessed on the website.
DOTUSD Futures ( DOTUSD3 ), H4 Potential for Bullish ContinuatioTitle: DOTUSD Futures ( DOTUSD3 ), H4 Potential for Bullish Continuation
Type: Bullish Continuation
Resistance: 7.206
Pivot: 6.071
Support: 5.544
Preferred case: Looking at the H4 chart, my overall bias for DOTUSD is bullish due to the current price being above the Ichimoku cloud , indicating a bullish market. Expecting price to continue heading towards the resistance at 7.206, where the previous swing high is.
Alternative scenario: Price could head back down to retest the pivot at 6.071, where the 61.8% Fibonacci line is.
Fundamentals: There are no major news.
DOTUSD Potential for Bullish Continuation| 26th January 2023Looking at the H4 chart, my overall bias for DOTUSD is bullish due to the current price being above the Ichimoku cloud, indicating a bullish market. With price tapping into my buy entry at 6.124, where the overlap support and 23.6% Fibonacci line is, we are looking to take profit at 7.415, where the previous swing high is. Stop loss will be placed at 5.704, where the previous overlap support is.
Any opinions, news, research, analyses, prices, other information, or links to third-party sites contained on this website are provided on an "as-is" basis, as general market commentary, and do not constitute investment advice. The market commentary has not been prepared in accordance with legal requirements designed to promote the independence of investment research, and it is therefore not subject to any prohibition on dealing ahead of dissemination. Although this commentary is not produced by an independent source, FXCM takes all sufficient steps to eliminate or prevent any conflicts of interest arising out of the production and dissemination of this communication. The employees of FXCM commit to acting in the clients' best interests and represent their views without misleading, deceiving, or otherwise impairing the clients' ability to make informed investment decisions. For more information about the FXCM's internal organizational and administrative arrangements for the prevention of conflicts, please refer to the Firms' Managing Conflicts Policy. Please ensure that you read and understand our Full Disclaimer and Liability provision concerning the foregoing Information, which can be accessed on the website.
Polkadot DOT price growth is still aheadIt is very likely that the DOTUSDT price is currently in the process of forming a global reversal trend pattern - "Inverted Head and Shoulders"
Of course, the final confirmation of the pattern's formation will come after the DOT price is firmly established above $10, and buyers will need to make a lot of effort to achieve this.
Looking at the chart, we can say that the rebound of the DOTUSD price from the bottom can be called quite weak compared to other altcoins.
Buyers of Polkadot token have not broken "shorts stops" yet, which are most likely hiding above levels $7.20 and $8.20, which are the first targets for growth.
Once this target will reach - when the shorts' stops are broken - a price correction may begin.
The medium-term target for DOT price is growth to $10+.
Long-term target - growth in the range of $19-23.5
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DOTUSDT Idea 🧐✅ ✅ Risk warning, disclaimer: the above is a personal market judgment and analysis based on published information and historical chart data on The trading view,
And only some of these analyzes are my actual real trades.
I hope Traders consider I am Not responsible for your trades and investment decision.
Price growth could continue to the $9.680 rangeGiven that the potential for an intraday trend reversal has emerged for DOT, if buyers can keep the price above $6.523, price growth could continue into the $9.680 range in the medium term. If the resistance of the ceiling of the descending channel is completely broken, it will be possible to reach the target of $9.680. Of course, pullbacks should not be ignored, and a return to the lows in the $5.102 - $5.374 range is possible. The last point is that if the previous ceiling at $6.523 is broken before the pullback, we can consider the $6.523 support as a safe zone for a pullback.
💥☃️🌲Polkadot Analyze (Road Map)!!!🗺️💥☃️🌲(+200%😱)❗️❓Today, I showed you the Polkadot road map🗺️.
Polkadot is running near the heavy support zone.
I expect Polkadot will go down a little more and then start to rise to a heavy resistance zone( about +200%)😱.
🔆Suggestion: If you want to add DOT to your portfolio, you can wait to break the downtrend line and SMA 100(Daily TF).
Polkadot Analyze ( DOTUSDT ) Timeframe Weekly⏰ (Log Scale).
Do not forget to put Stop loss for your positions (For every position you want to open).
Please follow your strategy, this is just my idea, and I will be glad to see your ideas in this post.
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DOTUSD - one more leg down - SHORTDOTUSD remains in the downtrend.
A small pump to get rejected from the downsloping resistance line is still possible, however in our opinion one more leg down is coming. RSI has not been oversold yet.
The buy zone for the next bull market is between $4,70 and $3,50.
Don´t rush to buy.
Patience is a key