DOT Best buy entry? ✔Hello Traders. I hope you are having a wonderful day.
Today I want to share my thoughts on DOT. As you can see on 4H timeframe, DOT has a descending trend line which has touched it 3 times. So in my
opinion, the best strategy is the breakout strategy here. When the price breaks the line and makes a pullback to it, then you can enter with the SL
below the line.
TPs can be : 24.5 - 26 - 28.5
Dotusdsignals
DOT, Polkadot - we made retest. Time to buy?Dot broke out the resistance line and retested it. It's a good time to open a long position with SL lower than the last low. DON'T FORGET ABOUT RISK MANAGEMENT. The situation may change.
Write in the comments all your questions and instrument analysis of which you want to see.
Friends, push the like button, write a comment, and share with your mates - that would be the best THANK YOU.
P.S. I personally will open entry if the price will show it according to my strategy.
Always make your analysis before a trade
Be patient 🐢🦥🐬Hi folks!
First and foremost, I love the Polkadot project, and it has been my biggest bet in the crypto space since december.
However, we are in a scary place as long as we see shit assets (DOGE, Cumrocket) etc at insane valuations, so tread lightly in this market. After mania comes extreme fear.
Wait for the confirmation of downward breakout in BTCUSD - I think we might see a deep bottom/reset and wipe out soon. Then it might be a decent time to start DCA/Long Scalp.
Please See linked post on my macro take in relation to BTC for more perspective.
Never take the word of others as a given!
DYOR.
NFA.
I wish you all well ☺
DOT, Polkadot - we can break downtrend line👀The price touched the downtrend line 5 times. Now we're trying to break it. The best pattern to buy I see in one case: we'll break local key level and make retest. Set an alert and wait. Only with stop-loss.
Write in the comments all your questions and instrument analysis of which you want to see.
Friends, push the like button, write a comment, and share with your mates - that would be the best THANK YOU.
P.S. I personally will open entry if the price will show it according to my strategy.
Always make your analysis before a trade
DOT, Polkadot - a great setup for long💥Price has a resistance line of 24,57. The line was touched 6 times on 1h timeframe. I think it's a good entry point after breakout and retest. ONLY WITH STOP-LOSS NEAR TO KEY LEVEL!!! And don't forget about risk management. It's crypto market. Everything can happen.
Write in the comments all your questions and instrument analysis of which you want to see.
Friends, push the like button, write a comment, and share with your mates - that would be the best THANK YOU.
P.S. I personally will open entry if the price will show it according to my strategy.
Always make your analysis before a trade
$DOT - likely to find $60 soonNo double fake-out thesis playing again well
Mega day yesterday which wasn't completely expected
Eth money will likely rotate here also so that will help fuel it higher
I can't see there being too many dips in this unless BTC dies of death as it looks v solid
Just backtested 4H support and pushing through 4H resistance
DOT / USDT Situation UpdateUpdate on my previous idea for DOT.
Polkadot has broken up from the Descending Channel and confirmed.
Right now it is facing major resistance at 39-40 USD area.
This might be key moment for DOT's move as we will either see it breaking up and confirming, or going back down.
In the first scenario, it should be heading to retest previous ath.
In case of the second scenario, looks liek it can be forming Head and Shoulders on bigger time frame, which is a bearish pattern.
As always, a lot will depend on Bitcoin and the sentiment it gives to the market.
Polkadot DOTUSD Possible Bullish ScenarioThings to Note:
1. Price moving in Megaphone Pattern for the last 2.5 months
2. The target level of this pattern on the upside is $35.
3. Nearest support zone lies at $28-30
4. On the downside, if 28-30 doesn't hold, we can see $20.
5. Since we are in the Bull market, it is more likely to BO to the upside.
P.S: This is NOT investment advice. This chart is meant for learning purposes only and is a part of my personal journal. Invest your capital at your own risk.
Dot- Near strong resistance, drop could followAfter a spike up towards 50, Dot dropped almost 50% to 26-27 support. Now the coin is in a corrective rally that seems to be close to an end.
40 is strong resistance for this coin and a drop could follow from this zone
27 found be the target for bears for an 1:3 R:R
I'm looking to sell
DOT, Polkadot - when we come back to 42$?Today price tested the important key level 36.790. I expect some movement near this level. It will be a great breakout pattern. Buy after breakout and retest. Now I see a more long position than short. Because of that, I think we'll come back to the accumulation zone soon.
Write in the comments all your questions and instruments analysis of which you want to see.
Friends, push the like button, write a comment, and share with your mates - that would be the best THANK YOU.
P.S. I personally will open entry if the price will show it according to my strategy.
Always make your analysis before a trade
DOT / USDT - Key moment DOT (Polkadot) is fighting to defend the major support area, established since February 22nd - 26 USD level.
Failure to stay above it can take DOT to the next weaker level of 20 USD, following by 16 USD main support area.
In case of breaking up from the bearish channel, DOT would need to confirm by closing daily above 32 USD.
As always, lots will depend on BTC trend / reversal.
DOT Big Comeback! - Fibonacci AnalysisDOT is coming back with a BANG! It bounced back of strong at 0.78 Fib support and heading North.
Buy Zone: $32 - $38
Take Profit #1 $45,89
Take Profit #2 $48.27
Take Profit #3 $53.90
Disclaimer: This is not a financial advice. This information does not provide individually tailored investment advice and does not take anyone’s circumstances into consideration when discussing investments, nor am I registered as an investment adviser or broker-dealer in any jurisdiction. Information contained herein is not an offer or solicitation to buy, hold, or sell any cryptocurrency.
DOT, Polkadot - I expect for the entry point ⏳The price has consolidated above the key level. It created a local downtrend line. If price breaks this key level, it will be a great opportunity to go up. I'll say it again, I think, the coin has powerful potential.
Write in the comments all your questions and instruments analysis of which you want to see.
Friends, push the like button, write a comment, and share with your mates - that would be the best THANK YOU.
P.S. I personally will open entry if the price will show it according to my strategy.
Always make your analysis before a trade
DOT/USDT : possible chance for pullback !BINANCE:DOTUSDT
Hello everyone 😃
DOT is reaching support zone.
On current level there are3 factors that can supports DOT's movement.
- Heavy support zone.
- Bullish trendline begins from 15th February.
- Bullish trendline begins from 24th March.
Also there is 100 MA on ( 4H TF ) which is reaching support zone.
📌 How ever Funding was so high and now we are facing a correction cause of it, But majority for Market is bullish !
🔴 Below current support zone will make it harder for DOT to pullback, so you can set your SL with 6H candle close below zone.
Attention: this isn't financial advice we are just trying to help people on their own vision.
Have a good day!
@Helical_Trades
DOT, Polkadot - new update📍As I said, DOT broke out an important strong resistance line. Now I wait for a retest to a key level(a great position to buy) and further growth. It's important not to break the trend line. If that happens, I will write my idea of what to do next.
Write in the comments all your questions and instruments analysis of which you want to see.
Friends, push the like button, write a comment, and share with your mates - that would be the best THANK YOU.
P.S. I personally will open entry if the price will show it according to my strategy.
Always make your analysis before a trade
DOT in horizontal channelDOT / USDT
Dot price was seeing consolidation in this channel in last few weeks ..we now in resistance zone !
1- Either Breakout upward from Channel by daily candle and close above and then we will look for entery after a retest above channel resistance line
2- Or rejection from current resistance toward channel lower line and we can buy there with suitable SL if that happened
Best wishes
DOT, Polkadot - superpotential👑A coin with very good potential. More than 40 days DOT accumulates volume. I see the entry point only after the retest. I don't exclude the continuation of the movement in the range.
Write in the comments all your questions and instruments analysis of which you want to see.
Friends, push the like button, write a comment, and share with your mates - that would be the best THANK YOU.
P.S. I personally will open entry if the price will show it according to my strategy.
Always make your analysis before a trade
Polkadot +50% in next days in that case ...$DOT currently trading at $37.50
Still waiting for breakout upward.
If breakout confirmed for 4hr candle closes above $40 then Ready for $60 easily (+50%)
✅ Buy: 36 - 38 ✅
🎯TARGETS:
1- $50 (25.03%)
2- $60 (50.02%)
3- $80 (100.0%)
💵 Trade Size: 5-7% of Portfolio
🚫Invalidation(SL): daily candle close below $26.50
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