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DOTUSDT

DOT/USDT 4HInterval Resistance and SupportHello everyone, let's look at the DOT to USDT chart on a 4-hour timeframe. As you can see, the price has left the local downtrend channel. Let's start with the support line and as you can see the first support in the near future is $6.41, if the support is broken then the next support is $6.35 and $6.29. Now let's move to the resistance line, as you can see the first resistance is $6.50, if you manage to break it, the next resistance will be $6.55, $6.62 and $6.72. Looking at the CHOP indicator, we see that there is some energy left for further movement, the MACD indicates the maintenance of the local uptrend, while the RSI is moving in the lower part of the range with room for increases.
by cryptodailyuk
DOT - false breakdown?Hello, everyone! Now it's time to make an update on BINANCE:DOTUSDT . We can see the upward trend channed which market maker used for the manipulations. There are 2 fake outs: one to the down and one to the upside. Now the price broke the support line again. I suppose if the price will be able to re-enter the channel we can see the scenario on the chart. But now it's bearish and we need a confirmation that the price have an intention to re-enter inside the channel. Best regards, Ivan
by Skyrexio
7
Short DOT - 24% targetWe're reaching the top of a very well-respected parallel channel. This top also aligns with the Fibonacci golden pocket (in yellow), providing extra resistance. Price wicked above the golden pocket, trapping some longs. I'm expecting a reversal to the lower golden pocket (taking profit along the way). Price and volume are diverging. This is a sign of weakness, as apparently less people are willing to trade at these higher levels. This makes a reversal even more likely. The horizontal channel is being well-respected. The many touches of this channel validate that the channel is drawn correctly. Price is struggling to break above it, showing weakness.
Short
by madmax1000
DOT/USDT 4HInterval Resistance and SupportHello everyone, let's look at the DOT to USDT chart on a 4-hour timeframe. As you can see, the price is moving above the local uptrend line. Let's start with the support line and as you can see the first support in the near future is $6.89, if the support is broken then the next support is $6.65 and $6.31. Now let's go from the resistance line, as you can see the first resistance is $7.18, if we break it, the next resistance will be $7.32, then we have a strong zone from $7.43 to $7.54 when price breaks it next resistance it's $7.70. Looking at the CHOP indicator, we see that there is still energy to continue the move, the MACD confirms the ongoing downtrend, while the RSI has a significant rebound and we are approaching the lower limit of the range
by cryptodailyuk
🔥DOT IS GOING TO NEW HIGHS! READ THE DETAILED TRADING PLAN!🔥Hi, friends! As it was expected, BTC and altcoins make a pullback, so it's time for us to find the best long entry points. Why long? Because the trend is still bullish. DOT has now almost reached my 3rd target at $8. I think it will be reached only after the pullback. 📊 TRADING PLAN FOR DOT: 🔥pullback to the 6.5-6.8 value area 🔥volume growth which confirms that retailers are scared and sell 🔥 bullish BTC is a must-have 🚩 Also, I use DOM and Footprint scalping tools, which confirm for me the presence of the big guys. They accumulate all the tokens on the pullbacks. So I can enter the long trade too. ✅ THE MAIN TARGETS FOR DOT: 1. $8 - the key level 2. $9 - the key level and even number 3. $9.68 - the key level, local high 💻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.
by Yuriy_Bishko
3
🔥POLKADOT: PULLBACK TO ACCUMULATE THE POWER BEFORE PUMP🔥Hi, friends! The US Department of Justice announced today that it will take international action regarding cryptocurrencies. A lot of liquidity starts to flow into the market. Retailers start to sell their crypto on this FUD. According to this, I make a fresh update for Polkadot. Now DOT is testing $5.73 key level which is really important support. If the price will close below this level, the road to $5.25-5.42 value area will be opened, which is also strong support. If we close above this level, it will be good entry point with short sl below the lows. 📊 TRADING PLAN FOR DOT: 🔥 test the $5.73 key level as the support or the false breakout of this level soon 🔥 large buy orders on DOM and Footprint scalping tools which help me to identify the whale's purchases 🔥 bullish BTC 🚩 Traders, if the price reaches the $5.25-5.42 value area and successfully tests it as the support, it will be a nice chance to open a trade. In this case, the price will cool down and be ready to reach new highs. ✅ THE MAIN TARGETS FOR DOT: 1. $6.5 - the key level and local highs 2. $7.4 - the key level 3. $8 - the key level and even number Friends, do you believe in DOT and KSM in this bull market or its already a coin with a huge cap and no growth potential? Write your thoughts in the comments! 💻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.
by Yuriy_Bishko
7
✴️ Polkadot Update | 3 Months High + Targets ($15 Next)Polkadot produced a bullish breakout yesterday and hit its highest level in 3 months, since early November. While this is good, this move only confirms MA200 being conquered as resistance. Still early when it comes to the major bullish wave, DOTUSDT has more to give and can move to $9 within weeks or days. Additional growth is possible in the coming months, highly probable, with $12 being one of the main targets and even $15 is on the cards and more. Namaste.
Long
by MasterAnanda
1
DOT - more gains ahead!Hello, traders! As you know I expect Bitcoin a little bit higher. Anyway it should break through the $25200 resistance. At the same time DOTUSDT can show us the fantastic pump in the upcoming days. On the 1D chart BINANCE:DOTUSDT chart we can notice that the trendline resistance was broken without retest. Moreover price formed the range and made a deviation below. Therefore, there is the high probability that PolkaDot will make the same deviation above. It would be logically also because of the ton of liquidity on this way. After that it is going to be difficult to pump, thus I expect the retest of the trendline and the bottom for this asset next to $3 . Best regards, Ivan ________________________________________________________________________________________________ If you like my trade ideas, please smash the boost button to stimulate me make more quality analytics!
Long
by Skyrexio
12