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PolkaDot - A huge breakout or a trap? Please do not buy DOT. There are many, many better coins. This analysis is for you if you want to get out of DOT or if you want to buy DOT. This altcoin looks really bad. I would not buy it. But, it looks like we will have a relief uptrend. I think we can definitely reach at least the 0.382 FIB retracement of this downtrend wave. This wave should be completed and we are looking for a bullish correction. We have a descending parallel channel that has been destroyed by the bulls recently. So the bears should pause for a while. As per my Elliott Wave analysis, there is an impulse wave, which is a great sign of weakness. This is probably not the bottom! I expect a huge bear market after the retracement, so be careful with this altcoin. Look at my ideas about APT, ETH, BTC, and inflation in the related section down below. For more analysis, hit "Like" and "Follow"!
by UnknownUnicorn2537518
24
DOT is going to reach 4.9$ or 7.7$DOT is in a Descending Channel. The Price Right now is at the Top of the channel, which means The Price would Touch the Bottom of the channel. If that Happens,Price will reach around 4.9$. there is a little chance that a Bullish Break out Happens and the Price would reach 7.7$ -Dot is in a Descending Channel -Price is at the top of the channel -It will reach 4.9$ or Do a Break out to reach 7.7$ (Little Chance) _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ 🌍Thank you for seeing idea . Have a nice day and Good luck
by CobraVanguard
2
DOT/USDT - LONG 1D TIME FRAME----- Welcome, dear followers! ----- - Here is my trading methodology. I trade with a normal system and analysis of resistance and support, as well as price reversal patterns. - For the record, I do not place a stop loss within my trades. So that I only risk 1.5% of my total capital in order to support the loss due to a price reversal against me. - If a price reversed against my expectation and touched the drawn line r3, then I transferred targets to the entry point and waited for the price to close at it with a loss equal to almost zero. - Today's deal is shown in the chart, and here are the entry and exit points below. -- Support me with numbers and follow up on my account for other deals in the future. Thank you for coming to this part. -- ------------------------------------------------------- ⚡️⚡️ DOT/USDT ⚡️⚡️ Exchange: Binance Futures Trade Type: Breakout (Long) Leverage: Cross (2.0X) Entry Orders: 1) 6.348 - 100.0% (239.575 USDT) Take-Profit Orders: 1) 7.468 - 75.0% 2) 7.968 - 15.0% 3) 9.174 - 9.998% Trailing Configuration: Stop: Breakeven - Trigger: Target (1)
Long
by Mahdicryptodotma-pro
Polkadot (DOT) - October 25Hello? Welcome, traders. By "following", you can always get new information quickly. Please also click "Boost". Have a good day. ------------------------------------- (DOTUSDT 1W Chart) Whether or not it can move higher than 7.16 is the key. (1D chart) In order to get out of the mid- to long-term investment area, it should rise more than 7.16-7.74. To do this, it is necessary to check whether it can be supported in the 6.28-6.60 section or higher. ------------------------------------------------------------ ------------------------------------------- ** All descriptions are for reference only and do not guarantee a profit or loss in investment. ** If you share this chart, you can use the indicators normally. ** The MRHAB-T indicator contains indicators that indicate support and resistance points. ** SR_R_C indicators are displayed as StochRSI(line), RSI(columns), CCI(bgcolor). ** CCI indicator is expressed as overbought range (CCI > +100) and oversold range (CCI < -100). (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.) ---------------------------------
by readCrypto
2
Polkadot/ Dot symmetrical triangle On Dot has there been a symmetrical pattern formed which shows a 50/50 of the price breaking to the upside of the downside. This said does the price trend show that the price is more likely to break to the downside as the market trend is bearish . Entry price: In the apex at 10.00. Stop loss: At 10.50, which is inside the triangle so when the triangle breaks to the downside but after the break to the downside starts trending upwards and is stopped by the stop loss. Target price: Is extrapolated from the triangle height/the upper trend line and this target price set at 4.48. This is also 55% gain if the prediction is successful.
Short
by vf_investment
Polkadot (DOT) – insane long today!Hello, everyone! Let’s continue analyze altcoins which have the potential to reverse before the whole cryptomarket. Yesterday I told you that ADA is about to finish the bear market, today I found the DOT which have almost the same or even stronger bullish bias! Let’s take a look at the 1W timeframe DOTUSDT chart. On the weekly chart the signals are very strong but can be realized several months. I suppose that this asset is now next to the perfect entry mid and long term point. First of all I want you to bring your attention to the clear Elliott wave structure. The whole bear market globally consists of the waves ABC. Waves A and B have the zigzag abc structure and the wave C has the 12345 waves structure. Looking at the very strong divergence I can conclude that the wave 5 is about to finish. What does it mean? It means that downtrend on this coin is about t end. Now it’s the best time to start accumulating the long/mid term holdings in crypto. Classical TA also showing us the nice buy opportunity. 1W demand zone is the extremely strong support. It is not just the abstract line which have to stop the dump with no reason – this is what the large players on the market monitor to have the best entry point. Moreover, look at the decreasing volume during the bear market. It means that the bears became weaker an weaker every week and very soon they will not be able to maintain the new lower lows setting. I have already bought DOT without the confirmation because it is the fundamentally strong asset which is not going to be scammed with the high probability. Best regards, Ivan
Long
by Skyrexio
16
Polkadot (DOT) - October 12Hello? Welcome, traders. By "following", you can always get new information quickly. Please also click "Boost". Have a good day. ------------------------------------- (DOTUSDT 1W Chart) Whether or not it can rise above 7.16 to receive support is the key. (1D chart) We need to see if it can rise above 6.28. Otherwise, it is expected to move towards the 5.11 area. However, since the volume profile section is formed over the section 5.67-6.60, there is a possibility that the trend will continue in the direction deviating from this section. To turn into an uptrend, it must rise above 6.60. ------------------------------------------------------------ ------------------------------------------- ** All descriptions are for reference only and do not guarantee a profit or loss in investment. ** If you share this chart, you can use the indicators normally. ** The MRHAB-T indicator contains indicators that indicate support and resistance points. ** SR_R_C indicators are displayed as StochRSI(line), RSI(columns), CCI(bgcolor). ** CCI indicator is expressed as overbought range (CCI > +100) and oversold range (CCI < -100). (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.) ---------------------------------
by readCrypto
1
Polkadot (DOT) - October 5Hello? Welcome, traders. By "following", you can always get new information quickly. Please also click "Boost". Have a good day. ------------------------------------- (DOTUSDT 1W Chart) Whether or not it can move higher than 7.16 is the key. (1D chart) 1st resistance: 7.16-7.74 2nd resistance: 9.26-10.13 A volume profile section is being formed around 6.28. So, the key is whether we can find support and move up around 6.28. If it fails to move higher, it is expected to move towards the 5.11 area. ------------------------------------------------------------ ------------------------------------------- ** All descriptions are for reference only and do not guarantee a profit or loss in investment. ** If you share this chart, you can use the indicators normally. ** The MRHAB-T indicator contains indicators that indicate support and resistance points. ** SR_R_C indicators are displayed as StochRSI(line), RSI(columns), CCI(bgcolor). ** CCI indicator is expressed as overbought range (CCI > +100) and oversold range (CCI < -100). (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.) ---------------------------------
by readCrypto
1
DOT/USDT Downward wedge Secondary trend.Secondary trend. The price is near the dynamic support of the uptrend. A downtrend wedge has formed (secondary downtrend). Potential trend reversal zone in case of its breakthrough. Important support/resistance zones, trend and formations shown on the chart. At the moment it is interesting to work, because of the intersection zone of the uptrend (green) and the downtrend (secondary). Also there is a probability of breaking out stops before the reversal, as a rule, all put them under the trend line, it is important that the price does not stay under it for a long time. DOT/USDT Main Trend. Wedge.
by SpartaBTC
12