DOTUSD
DOT/USDT 3DAY UPDATE BY CRYPTO SANDERS Hello, welcome to this DOT/USDT 3DAY chart update by CRYPTOSANDERS.
I have tried to bring the best possible outcome to this chart.
Show some support, hit the like button, and follow and comment in the comment section. this motivates me to bring this kind of chart analysis on a regular basis.
CHART ANALYSIS:-DOT is moving in a long-falling wedge and presently holding over its strong horizontal support, from where we've previously seen a huge bullish rally.
RSI is in the oversold area, printing bullish divergence. We've to keep an eye on a solid breakout, which will confirm a pleasant bullish rally in it.
This is not a piece of financial advice.
Hit the like button if you like it and share your charts in the comments section.
Thank you
Accumulating XLM & DOT -Fractals show PROFITSHi Traders, Investors and Speculators 📈📉
Ev here. Been trading crypto since 2017 and later got into stocks. I have 3 board exams on financial markets and studied economics from a top tier university for a year. Daytime job - Math Teacher. 👩🏫
If I haven't already told you, Happy New Year 🥂
I'll be making a series of updates on Altcoins that have decent upside potential during 2023. I'll specifically select alts that are trading low or in accumulation zones and altcoins that are known to pump and dump independently of the overall market trend ( bearish or bullish ). It will be in your best interest to watch these alts, especially with talks of a recession on the rise. Good opportunities will be few and far apart, but you can still count on a few coins to rally during bear markets. Today's picks are XLMUSDT / Stellar and DOTUSDT / Polkadot .
Incase you missed yesterdays gems, XRP and LTC , find the analysis here : 👀
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DOT/USDT Good days are comingAs you see in this analysis, Polkadot will be one of the best profitable coins in the coming days.
The reasons are:
We have reached the monthly demand in control zone and we have pulled back to it for the first time (FTB).
We have reached the bottom of the downtrend weekly channel.
We saw the falling wedge pattern in the daily timeframe and its break out is imminent.
Polkadot - DOT lost important volume profile support at $4.60👀PolkaDot lost important volume profile support at $4.60👀
Next lower volume support at $3.90 - if it breaks a lack of volume will lead DOT to $3.15 - logFIB 78.60%
First bullish signs for DOT after breaking above $4.60 and logFIB golden pocket again.
Let me know your thoughts in the comments🤗
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Disclaimer:
Not financial advice
Do your own research before investing
The content shared is for educational purposes only and is my personal opinion
It is approaching its initial listing priceHello?
Traders, welcome.
If you "Follow", you can always get new information quickly.
Please also click "Boost".
Have a good day.
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(DOTBTC 1W chart)
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(DOTUSDT 1W Chart)
(1D chart)
This time HA-Low is falling and is looking to spawn at 4.514.
Therefore, it is important to be able to rise with support in the 4.514-4.605 section this time.
As you can see from the DOTBTC chart and the DOTUSDT 1W chart, there is no upward force and it is approaching the initial listing price.
I think there is little you can do in this situation.
Therefore, I think it is better to wait for the trend to turn into a short-term uptrend.
To turn into a short-term uptrend, it means when MS-Signal, which was holding the price higher than MS-Signal, turned into an uptrend.
To do so, it must show that the price is maintained at least in the 4.514-4.605 range or higher.
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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.
** HA SRRC indicators are displayed as StochRSI (line), RSI (columns), and CCI (bgcolor).
** The CCI indicator is displayed in the overbought section (CCI > +100) and oversold section (CCI < -100).
(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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DOT ANALYSIS#DOT UPDATE.
#since dot got break below to the descending triangle and the move was about 20% .it is most likely that we might see dot testing the green line support before making any further move.
#DOTUSDDOTUSD
The coin has almost reached lower in combination with a healthy demand zone
On the chart, it appears before us that a change in the trend is approaching, and this is evident in the convergence of the recently formed bottoms, and small candles forming on the downside.
Therefore, I recommend buying now from the current level 4.516, and if the price succeeds in finally breaking this formed pattern, it will confirm the strong ascent towards levels
9.76
Then 23.13
$DOT : POLKADOT Road Map$DOT
On a Weekly Chart
LONG POSITION -MOMENTUM STRATEGY - SWING
11.30.22
0913H +8 SINGAPORE
Disclaimer:
The findings of the following analysis are the sole opinions of the publisher of this idea and should not be taken as a piece of investment advice.
My Published Ideas are not 100% Accurate. There are many factors at a given time that can change the forecast.
ALERT:
Forecast Entries for a BULL SWING.
Smart money wants a REBOOT of 2018 and all is possible for the forecasted entries based on numbers and the character of the market Let us see how price action reacts on a DAILY chart .
Hoping that this BENTO BOX CHART ANALYSIS will efficiently help you with your DYOR as we Enter a NEW SWING CYCLE for LONG positions, either short, mid, or long term.
INSTRUCTIONS:
HOW TO USE THIS MINIMALIST CHART a.k.a (Bento Box)
"Follow the white rabbit!"
Just Follow the TOPS and BOTTOMS of the BOXES as a GUIDE to where the MARKET will take you.
If it cannot break a TOP or BOTTOM of a BOX, It signifies a reversal.
TARGET ZONE IDENTIFICATION:
The LARGE BOXES (Tops and Bottoms) are MAJOR turning points that will occur sometime in the future. While the SMALL BOXES (Tops and Bottoms) are MINOR turning points.
These can be entries to a BUY/ SELL POSITION, EXIT/PARTIAL EXIT/TOP-UP AREAS, as well as Support and resistance levels
Also includes MAXIMUM TARGET EXIT AREA OF VALUE - CONSERVATIVE (If price action conditions are right at that given moment.)
NOTE:
1. That PRICE TARGETS for ENTRY and EXITS are DYNAMIC and can CHANGE from time to time.
2. Created using data on a MONTHLY, WEEKLY & DAILY Analysis of a MARKET'S CHARACTER.
3. My BENTO BOXES are designed for SWING TRADES at the LOWEST or START of a SWING CYCLE.
4. At times I will include a WAY BEYOND PARABOLIC PRICE TARGET, depending on The Character of the Market (CRYPTOS ONLY).
5. DYOR for your Fundamentals, Volume , Chart Patterns, Candlestick Math, FIB COILS ( ABC ), Price Action, FIB LEVELS, Market Dynamics, AB=CD Pattern especially institutional and retailer trading psychology .
Wishing you all The Best Trades and Thank you all for your Appreciation and Support of My Work.
Much thanks to My 3 Mentors. They are so much of a Blessing that I also wish to share my knowledge.
Vive Le Autist!
DOT – bear market bottom soon!Hello, everyone!
Today we are going to consider the altcoin which has already broken all possible support levels – it’s Polkadot.
Let’s take a look at the 1D time frame of the DOTUSDT chart of the WhiteBit exchange. First of all we have to notice that the price is forming the final wave 5 which is represented as the ending diagonal. I made this conclusion because we have the support and resistance trendlines which form the “falling wedge”.
The internal structure of the wave 5 is going to be the entire Elliott wave cycle the sub waves 1 and 2 have been already finished. Now we are in wave 3. It has the natural target 1.61 Fibonacci extension, approximately at $3.5. I am going to buy this asset there with the full position volume, considering it as the bear market bottom.
Best regards, Ivan
The price is still sitting on an important support level!DOT has been trending down over the past week. The price is still sitting on an important support level in the range of $5.20-$5.25, and there is no sign of positive reaction and price growth from this level. Last week, an uptrend line was broken to the bottom, signaled by the RSI indicator's negative divergence. Only the specified support level is considered the last valid short-term support for the short term.
If the selling pressure increases on Polkadot, by breaking this support, the price can continue down to the $4.50-$3.60 range, and the bottom of the descending channel can be fake broken. As soon as the price hits the indicated monthly support, we can expect a strong positive reaction. Considering that the price of the Polkadot currency has reached good support levels, there is a possibility that some market whales will take action to activate the loss limit of buying transactions and fake breaks. For a less risky situation, you should wait until the break of the new downward trend line and the confirmation of the downward angle pattern.
DOT ANALYSIS#DOT UPDATE.
#DOT is currently holding the double bottom support at the red line area and close below to the red line area could result in pullback support by the bearish divergence on RSI.
Whether it can rise above 5.67 is the keyHello?
Traders, welcome.
If you "Follow", you can always get new information quickly.
Please also click "Boost".
Have a good day.
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(DOTBTC 1W chart)
It must rise above 0.0003 911 to gain the power of rising.
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(DOTUSDT 1M Chart)
Whether it can rise above 7.16-9.26 is the key.
(1W chart)
The key is whether it can be supported and rise at 5.11 and rise above 7.16.
(1D chart)
The key is whether it rises above 5.67 between December 4-6 and receives support.
Since the volume profile section is formed in the 6.28-6.60 section, it is important to rise above this section.
If not, you need to make sure it is supported in section 4.16-5.11.
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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.
** HA SRRC indicators are displayed as StochRSI (line), RSI (columns), and CCI (bgcolor).
** The CCI indicator is displayed in the overbought section (CCI > +100) and oversold section (CCI < -100).
(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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