DOT update i expected the 1th wave continues terminal but this making a 3th one , so i expect this move for complete correction and move for above $10
DOTUSDT
A BUY STEP FOR POLKADOT !!!Dot is currently moving in a bearish channel. The highlighted blue zone seems great to buy some polkadot !
Go ahead :)
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
#DOTUSDT # SHORT Showing Head and Shoulder pattern Here is the $ hour chart of DOTUSDT.
Looking for shorts here. Head and shoulder already formed and as per trend following towards the down trend.
Now hold the resistance of $5.05- $5.10
Looking for target of $4.70 and more
DOT hitting my targetI had this 2 targets for accumulating DOT and as you can see the first one has been hit, however if you check BTC I really don't think this dumping is over (here the weekly chart: ). At this point I'm not gonna buy because I expect my second target to get hit (3.68 $USDT).
This is not the bottom but we're close... let's see if I'm right!
Good luck
long DOT$DOT is bouncing off the critical support level. Bounce off and bullish movement to resistance level at 5.47$ is possible.
DOT 4 % shortAs you see the chart you MUST take this position after pullback .
For these coming months market is bearish.
DOT up to 50% possibleFalling wedge formation in 1D TF (Bullish)
⚫️ Candles turn bullish!
⚫️ Draw to the resistance level!
⚫️ Accumulation of volumes
⚫️ Computer analysis also speaks of growth
📈The buy zone and sell targets are indicated on the chart
❌Don't forget about Stop Loss
DOTUSDTHello Crypto Lovers,
Mars Signals team wishes you high profits.
This is a 4-hour-time frame analysis for DOTUSDT
In this chart, we observe R4, R3, R2, and R1 as the resistance areas which are all including the unsuccessful triumphs of the price to rise. And then we have S1 that is a support area. At the moment, we have the price fluctuating over R1 and we predict it will continue its decline to reach the mentioned line. Then we must have some confirmation candles in order to expect a rise for the price up to R3 and subsequently the long position of our chart is activated. Even it my happen that the price loses the support and faces more fall downward. It is highly recommended to activate your stop-loss points due to the unstable situation of market.
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
DOT/USDT All details in the chart, tell me what do you think
Lot of confirmation for the price to be bullish
DOT / USDT 1D CHART - Resistance and SupportHello everyone, I invite you to review the DOTUSDT 1-day chart. It is worth starting by marking with the yellow lines of the downtrend triangle in which we have been moving for over a year, but we are approaching the direction of the price. However, locally, as we can see, the price is below the downtrend line.
Now, using the Fib Retracement tool, we will check where we currently have support for the price and here we have the first support at the price of $ 5, from which the price has already rebounded three times, but if the support is broken, we have another support at the price of $ 4.55 and $ 3.82.
Looking the other way, we will set the DOT resistance points in the same way and here we have the first resistance at the price of $5.57, the second at the price of $5.92, the third at the price of $6.21 and the fourth at the price of $6.50.
On the CHOP index, we see quite a lot of energy, the MACD indicator indicates the entry into a downtrend, while on the RSI we are below half, there is still room for a larger correction.
DOTUSDTDOT was performing in a really good manner but somehow failed to gain more up moves due to recent rising wedge pattern formed and I believe it will gain more volume to grow more when it reaches the $5 support because it is in falling wedge pattern in 1D timeframe which possibly may give us more upside movement in mid & long term. I will keep updating you.
I hope you will like this idea. Please don't forget to like and follow for more upcoming ideas :)
PLESAE NOTE: Kindly manage your risk! This analysis is based on the chart trend, pattern, EMA & RSI . This is only for the education purpose.
DOTUSDT Daily TF: 11/12/2022You can see all the impartant zone on the chart.
💡Wait for update!
🗓️07/12/2022
🔎 DYOR
💌It is my honor to share your comments with me💌
DOT / USDT 1D CHART - Resistance and SupportHello everyone, I invite you to review the DOTUSDT chart on a one-day interval, as we can see, the price went down from the triangle in which we were moving and is currently below the downtrend line marked in yellow.
In terms of support, we can see that we have touched the upper border of the support zone which runs from $5,121 to $4,957, however, if we fall below this zone, the price may drop to around $4.48.
Looking the other way, it is worth determining the current resistance points for the price and so we see that we have the first resistance at $5,243, the second at $5,419, the third at $5,565, then $5.71 and $5,916.
As we can see on the CHOP index, there is a lot of energy for the next move, the MACD indicates that we are on the verge of entering a downtrend, and the RSI that we are below half, however, we still have room for a larger drop, so be careful.
Polkadat falling triangleA descending triangle is being completed. Look for short trades in the red area above. Don't forget capital management and stop
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 Long Idea 💡 DOT retraced back to 61.8 fib level and here I'm looking forward to the following trade:
***SPOT ONLY***
Entry1:5.29 (20%)
Entry2:5.20 (30%)
Entry3:5.13 (50%)
Tp:
5.47
5.57
5.73
SL : Orange box
Note:
This is only according to my analysis.
Not a financial advice
DYOR
DOTDOT looking at the weekly chart of DOT...thinking how further low this shitcoin can go before move up haha... for long term HODLing, it's good price to add some DOT in your bags and forget till 2024-25.
🔥🚩DOT WILL MAKE IT AFTER THE FALSE BREAKOUT❗🔥 Hi friends! DOT is making a pullback after the false breakout of $5.7 key level. All these movement is highly expected, because BTC also make a false breakout of the local highs and fall from $17 000 to $16 600 today.
✅ Remember that 99% of all the altcoins follow BTC!
📊 Now I have the next trading plan for DOT:
🔥 false breakout of the current $5.22 key level
🔥 volume growth which confirm the pressence of the whales
🔥 bullish BTC is a must have for the altcoins grow
🚩 I think that after this local correction and the pullbacks, DOT have a strong chances to reach the next targets:
1. $5.7-5.9 - the closest value area which become the resistance
2. $6.2-6.5 - big value area, huge resistance for the price
3. $7.4 - the local highs and key level
Traders, remember to book the profit by parts. I recommend you to book at least 65-70% when the price reach the 2nd target.
💻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.
Dot long Currently the price is sitting under GP fib retracement and VAH of the local range. market structure is bullish and is looking good. I placed bids around 5.3- 5.4 where are the 0.5 fib retracement and POC of the local range plus a daily level. if we get a pullback I have a nice long setup, if we pump from here there is no way I would long the breakout.
#Polkadot Sellers in A Commanding Position, Will DOT break $5.8?Past Performance of Polkadot
The general trajectory of DOT is southwards. Despite attempts higher in the second half of November, bulls are yet to follow through, confirming the upside. Thus far, sellers are in a commanding position with the path of least resistance defined. Though prices are stable, even printing higher, participation levels are comparatively low, questioning the resilience and conviction of traders.
#Polkadot Technical Analysis
Polkadot traders appear hesitant. Of note, prices are still being shaped by the bearish engulfing bars of early November. As it is, DOT has support at around $5. There were higher highs in late November and early December. However, it appears bulls couldn't sustain the move higher. This means the immediate resistance and buy trigger is around $5.80, or last week's highs. For DOT buyers to take control, a move above this line could see the coin rise to retest $7.45—or November lows. All the same, price action favors sellers. Therefore, aggressive traders can unload the coin, targeting $5. Further losses could see DOT drop to $4.50.
What to Expect from #DOT?
The Polkadot ecosystem is growing, overly bullish for DOT, which is the network's utility coin. Price charts point to general weakness and the continuation of a trend of the past year. Gains above last week's highs could relieve traders angling to retest November highs or post better results in Q4 2022.
Resistance level to watch out for: $5.80
Support level to watch out for: $5
Disclaimer: Opinions expressed are not investment advice. Do your research.
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.
DOTUSDTHello Crypto Lovers,
Mars Signals team wishes you high profits.
This is a 4-hour-time frame analysis for DOTUSDT
We see R2 and R1 as our resistance areas in which the disability of the price in order to rise is obvious. And S1 used to be a resistance area in the past. Hence, we have the price fluctuating in S1 after being rejected at R1 and our expectation will be a rise in the coming days. So if the price gives us some confirmation candles in this regard, definitely an increase is predicted for the price up to R2. Also, if the price falls below S1, it will experience more decline to some lower amounts. Please consider confirmation candles in order to make sure what is the next position to move.
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
