🔥POLKADOT IS GOING TO PUMP AFTER THE PULLBACK! $10 IS A TARGET.🔥Hi, friends! Polkadot is squeezing to the trendline and trying to break it down. I think that one more pullback from the trendline is highly possible and the breakdown will happen soon.
Bitcoin feels so weak and a fall to $ 25-27k is almost inevitable, so the 99% altcoins will follow BTC too, including DOT.
📊 TRADING PLAN FOR DOT:
1. squeeze and breakout of the trendline down
2. test the $5.75 key level as the support
3. volume growth
4. bullish BTC
✅ THE MAIN TARGETS FOR DOT:
🔥 $6.7 - the local highs
🔥$ 7.9 - the key level and local highs
🔥$ 10 - the key level and even number
💻Friends, press the "boost"🚀 button, write comments and share with your friends - it will be the best THANK YOU.
P.S. Personally, I open an entry if the price shows it according to my strategy.
Always do your analysis before making a trade.
DOTUSDT
DOTUSDTHello there,
Mars Signals team wishes you high profits.
This is a one-day-time frame analysis for DOTUSDT
There is R1 on the top of the chart which is the resistance area and it represents the unsuccessful triumphs of the price to rise at several points. S1 used to be a support area. S2 is a 4-hour support line. And S3 is our support area that contains the support of price at some points. At the present, we see the fluctuation of price is S1 area while it could e supported at S2 and had a rise up to this point. Our expectation would include another fall to S2 (as it used to have int the past) and when the price is supported and by giving us some rising signs, we must wait for its more increase to higher amounts such as R1. It is possible that the price loses the support and starts a decline below S2 and down to our third support area. So in this situation, a falling trend will happen. Please consider the market situation in lower time frames and then decide what to do exactly; based on the multiple pieces of information which you would obtain from our analyses and updates.
Warning: This is just a suggestion and we do not guarantee profits. We advise you to analyze the chart before opening any positions.
Wish you luck
DOTUSDT | Wave Projection | Possible 4.4 Wave Fakeout Price action and chart pattern trading
> Wave pattern - downtrend ending diagonal 5 wave.
> The price continued to make lower high and lower low reached 0.786 extension of 4.1 wave and T1 head & shoulders target with a hammer candlestick.
> Candlestick pattern squeezed at this key level a possible upcoming false breakout of 4.4 wave before making its final 5-wave
> Target breakout 4.4 wave at SMMA25 - 0.382 zone
> The final downtrend 5-wave is targeting at 4.0 - 4.5$
DOT/USDT 4HInterval Resistance and SupportHello everyone, I invite you to review the DOT chart on the four-hour interval. As we can see, the price is moving in the uptrend channel.
Let's start by marking the support spots for the price and we see that we first have a support zone from $6.46 to $6.21, however if the price goes lower we have a second support zone from $6.01 to $5.80.
Looking the other way, we can similarly determine the places of resistance that the price has to face. And here we see that the price is currently fighting a strong resistance at $6.85 equal to 0.618 Fib. We continue to have a strong resistance at $7.31, once the price breaks it, it will move towards the resistance at $7.90.
The CHOP index indicates that the energy has been used up, the MACD indicates that the uptrend is maintained, while the RSI has crossed the upper limit of the range, which, according to our rule, often ends with a price rebound and so we see a small correction.
DOT's chance to reach 7.5$🌟DOT has created a bullish pattern which is an ascending triangle. The pattern will increase the price as much as the measured price movement (AB=CD). if this expected movement happens, the price shall end up near 7.5$!
_ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _
🌍Thank you for seeing idea .
Have a nice day and Good luck.
Dot look like on fireI highly recommend u to buy DOT now
🔸As u see in weekly chart it consolidated a massive falling wedge since more than 27 months and now it going to breakout
🔸I think we can see DOT above 20$ in for midterm
Thanks for supporting us by like , comment and dont forget follow for more ideas like this🎯
Keep your eyes wide open on PolkaLong time since I posted anything but IDK i felt like i wanna do it again after couple years i guess.
I became more Economically oriented since that's my field of study and that's what i am obsessed with the most.
Generally speaking i don't trust any kinda of analysis anymore as i was before but i trust the psychology of market which the analysis of the charts create, non of the crypto will go up till the some certain stuff that goes in world settle down a bit but if i am gonna say one thing it's gonna be " Any one buys crypto right now he publicly announce that he is shorting - betting on - the entire world's bank system ".
Till the next time, maybe after another couple years " Who knows ".
DOT getting kicked from resistanceDOT has formed Rounding Bottom on the 1h time frame, it was trying to break upon resistance and succeeded in a series of false breakouts, then, it dropped hard.
What is expected now is that it is going to drop a little bit more before accomplishing new highs.
NOTE: Always DYOR, be cautious to place a stop loss and trade your own personality.
DOT/USDT 1DInterval Resistance and SupportHello everyone, I invite you to view the DOt/USDT chart on a one-day time frame.. First, we will use the yellow line to mark the downtrend line from which the price went up.
Moving on, we can move on to marking support areas when we start a larger correction. And here we see that the price is just below the first support, then we have a support zone from $6.11 to $5.93 in front of the price, third support at $5.74, and then fourth support at $5.49.
Looking the other way, we see first resistance at $6.53, then second resistance at $6.86, then third resistance at $7.32
Please look at the CHOP index, which indicates that we have a lot of energy for the upcoming move, the MACD indicates that we have entered an uptrend, while the RSI has left the downtrend.
Polkadot - DOT breakout patterns🔵🟢🔴👀We see a daily breakout pattern within a weekly breakout pattern for Polkadot dear Crypto Nation🔵🟢🔴👀
That can lead to a huge bullish breakout with a new high on daily chart followed by a new high on weekly chart🟡🚨
Have a great day dear Crypto Nation😎
Let me know your thoughts in the comments🤗
⬇️⬇️⬇️
Likes and Follow for updates appreciated🤗
Disclaimer:
Not financial advice
Do your own research before investing
The content shared is for educational purposes only and is my personal opinion
DOT/USDT 4HInterval Resistance and SupportHello everyone, welcome to the DOT chart on today's chart of USDT pair, on a one-day time frame. First, we will use the yellow line to mark the downtrend line from which the price has increased.
Moving forward, we can move on to marking support areas as we begin a major correction. And here we see the price is just below the first support, then we have the $6.11 to $5.93 support zone ahead of the price, the third support at $5.74 and then the fourth support at $5.49.
Looking the other way, we see first resistance at $6.53, then second resistance at $6.86, then third resistance at $7.32
Please look at the CHOP index which indicates we have a lot of energy for the move ahead, the MACD indicates we have entered a downtrend while the RSI is in recovery.
Polkadot | Getting Ready for Wedge Breakout..!!
#POLKADOT #DOT (Analysis)
DOT has been Consolidating in Falling Wedge since January 2021.
Seems like It's already Bottomed out& Ready to FLY but Not out of the Woods yet.
Bulls need to Clear the Multi-Year Descending Trendline to Confirm the Wedge Breakout.
Once Breakout Happens, Expecting +250-270% Bullish Rally in the Midterm.
What is Polkadot (DOT) ?
Polkadot is a blockchain platform that improves scalability, security, and interoperability.
It uses a multi-chain architecture allowing customized blockchains to communicate in a unified network.
DOT is the native token used for governance and staking.
Please like the idea for Support & Subscribe for More ideas like this and share your ideas and charts in Comments Section..!!
Thanks for Your Love & Support..!!
✴️ Polkadot Same Pattern & Elliot Wave Theory For EntertainmentThis is getting repetitive but let's do it, it will be worth it once we get the results.
Now, the 5-Steps Pattern is not the Elliot Wave 5-Wave Up bullish impulse. I made the 5-Steps Pattern on the go to explain the current market situation.
The EW impulse is the classic 1-2-3-4-5 wave pattern while the current market action can be explained in any way.
The low in December, the start of a bullish wave in January, the correction ending mid-March which matches Elliots Wave 2 and the resumption of the bullish move, which coincides with Wave 3 of an 5-Up Wave pattern.
(Count 1)
This is what we are looking at on the Polkadot (DOTUSDT) chart.
What you see depicted is a potential wave count.
It can vary, look at Wave 4 on the following chart: (Count 2)
See the huge difference?
That's why people will hide the waves as shown on the main chart.
Wave 2 is a simple correction and so Wave 4 should be complex and thus we would have to go with "Count 2", this is based on the law of alternation (we are talking full Elliot now).
Going with this scenario we would have to break our view of a top in April and experience additional growth through May and maybe even June. This is a possibility we are fully open now as the closure of banks and the attacks on Bitcoin/Cryptocurrency will only make this bullish wave stronger.
If people can't sell easily they will simply hold long-term.
Bitcoin's next All-Time High is now set for a minimum of $250,000+.
We were aiming for $185,000+ inflation, data not yet published, but as things develop it is likely that by next year the potential will be $500K or even more.
The world is about to change forever and ounce the Fed CBDC is launched they will be doing helicopter money special edition, Covid handouts will be a joke compared to what is coming.
DOTUSDT is trading above MA200 and looks ready to grow.
Unless we get a sudden crash tomorrow we are set to experience higher highs and higher lows... For years to come.
Namaste.
DOT/USDT 4HInterval Resistance and SupportHello everyone, I invite you to review the DOT chart in pair to USDT, on a one-day interval. First, we will use the yellow line to mark the downtrend line from which the price went up.
Moving on, we can move on to marking support areas when we start a larger correction. And here we see that the price is just below the first support, then we have a support zone from $6.11 to $5.93 in front of the price, third support at $5.74, and then fourth support at $5.49.
Looking the other way, we see first resistance at $6.53, then second resistance at $6.86, then third resistance at $7.32
It is worth paying attention to the EMA Cross 10 and 30, we can see that the red line of the EMA Cros 10 is moving just below the EMA Cross 30, the crossing of the green line by the red line can confirm the change of the trend to an uptrend.
Please look at the CHOP index, which indicates that we have a lot of energy for the upcoming move, the MACD indicates that we have entered an uptrend, while the RSI has left the downtrend.
DOTUSDTAssalamualikum everyone i hope all is well
Market is going to bearish but dotusdt break triangle pattern.
so according to technical analysis market will be going up.
there are some reason for taking this trade
* break triangle pattern.
** market retest triangle line.
**************GUD LUCK******************