#DOT is going to reach 35$ before December 2023DOT broke the strong dynamic resistance weekly, and it will hit the first resistance zone under 10$ between 8-10$.
In the next six months, DOT will reach 19 & 23 $
In my view, DOT is going to reach 36$ before December 2023
The first resistance zone is 8.8--9.7, and after correction next important zone is between 14--16$ that Dot can reach that before May 2023.
DOTUSDT
DOTUSDT Elliott Waves AnalysisHello friends.
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Everything on the chart.
growth from current price or through one more decline in zone 5 - 4$
I dont wanna miss trend that's why im already in pos and will buy more if we get one more decline.
In any case we're in a global buy zone 6-4$.
Entry: market and lower
Targets: 6.5 - 7.5 - 8.5 - 9.8
after first target reached move ur stop to breakeven
Stop: (depending of ur risk). ALWAYS follow ur RM .
risk is justified
Good luck everyone!
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DOT / USDT 4H CHART - Resistance and SupportHello everyone, I invite you to review the DOT/USDT chart, on a four-hour interval. Let's start by marking the downtrend channel with the blue lines, as we can see, we are close to the third attempt at an uptrend from the channel as the price has bounced off this border twice already.
However, here we can also see a rounding bottom pattern formed, which may help change the current trajectory of the move in this situation. When the price positively tests the current resistance level, we should see an upward move.
As for the support that is relevant at the moment, we should mark the support zone from $4.76 to $4.22.
However, when the price retests the first resistance and we move further up, the price will have to break the resistance zone from $5.43 to $5.80, only then we will move towards $6.18.
When we look at the EMA Cross 10 and 30, we see that the red line has crossed the green one from below, which is a confirmation of the price increase signal, but it should be watched for a false breakout.
Polkadot Black Friday- Everything is in graph.
- Weekly predominant bullish divergence on RSI.
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- i won't speak "Price to Buy", but WHEN to buy :
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- Buy a Dip and wait for the end of this triangle.
or
- Buy a Breakout from the same triangle.
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- Black Friday is Real.
Happy Tr4Ding !
DOT/USDT 1DAY UPDATE BY CRYPTO SANDERS !!Hello, welcome to this DOT/USDT 1DAY chart update by CRYPTOSANDERS.
I have tried to bring the best possible outcome to this chart.
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CHART ANALYSIS:-Polkadot (DOT), was another big gainer in today’s session, with prices moving closer to a four-week high.
Following a low of $4.84, DOT/USD managed to reach an intraday high of $5.16 earlier on Thursday.
As a result of this move, DOT broke out of a key resistance level of $5.15, hitting its strongest point since December 16 in the process.
As can be seen from the chart, the 14-day RSI has failed to move beyond its long-term ceiling of 68.00 and has since slipped lower.
Price strength is now tracking at 63.10, with DOT declining from its earlier peak, and the asset is trading at $5.09.
In order for the token to continue to move higher, there will first need to be a rally above its 68.00 points on the RSI.
This is not a piece of financial advice.
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Polkadot (DOT) formed Gartley | A good buy opportunityHi dear friends, hope you are well and welcome to the new trade setup of Polkadot (DOT) with Bitcoin pair.
On a 4-hr time frame, DOT has formed a bullish Gartley move.
Note: Above idea is for educational purpose only. It is advised to diversify and strictly follow the stop loss, and don't get stuck with trade
DOT Zones: Falling Wedge Breakout Incoming? Here we are looking at DOTUSD on the Daily TF…
For this analysis, we will keep it brief as the chart here is very simple.
As you can see we are in a falling wedge which consists of downwards sloping resistance and a descending line of support. The descending line of support stretches all the way to the lows (at the time) made back in July of 2021. Every time DOT has tested this line, it has bounced (so far), but we will continue to monitor the charts as the space between support and resistance continue to squeeze closer.
What do you think DOTUSD will do next? Let me know in the comments!
Cheers!
PolkaDot | Heating up for Massive BREAKOUT..!!
#DOT is heating up for Massive Breakout 🔥
Forming Falling Wedge in Weekly timeframe Chart.
Seems like Bottomed out but not out of Woods yet.
Bulls need to Close the Weekly Candle above 4.90 to Confirm the Wedge Upside Breakout.
Looks Promising for Q1 2023, +300-380% Profit Potential in the Midterm.. ✍️
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Support of buyersDOT posted a nice price increase last week. With the support of buyers, the price broke out of the narrow descending channel and continued to move up with a small pullback due to increased buying volume. Also, the resistance range that was considered at $4.51-$4.55 has become support with a strong bullish candle in the 4-hour timeframe, and a positive reaction has been seen twice in the pullback to this area. The point is that the ceiling formed in the $4.7 range can be considered a higher ceiling than the last ceiling in the downtrend. So, considering the higher price floors that have been formed, we expect Polkadot to see a strong positive reaction by hitting the support of the $4.50 range. If this happens, we can consider short-term price targets in the range of $4.979 and $5.408.
DOT/USDT 3DAY UPDATE BY CRYPTO SANDERS Hello, welcome to this DOT/USDT 3DAY chart update by CRYPTOSANDERS.
I have tried to bring the best possible outcome to this chart.
Show some support, hit the like button, and follow and comment in the comment section. this motivates me to bring this kind of chart analysis on a regular basis.
CHART ANALYSIS:-DOT is moving in a long-falling wedge and presently holding over its strong horizontal support, from where we've previously seen a huge bullish rally.
RSI is in the oversold area, printing bullish divergence. We've to keep an eye on a solid breakout, which will confirm a pleasant bullish rally in it.
This is not a piece of financial advice.
Hit the like button if you like it and share your charts in the comments section.
Thank you
Accumulating XLM & DOT -Fractals show PROFITSHi Traders, Investors and Speculators 📈📉
Ev here. Been trading crypto since 2017 and later got into stocks. I have 3 board exams on financial markets and studied economics from a top tier university for a year. Daytime job - Math Teacher. 👩🏫
If I haven't already told you, Happy New Year 🥂
I'll be making a series of updates on Altcoins that have decent upside potential during 2023. I'll specifically select alts that are trading low or in accumulation zones and altcoins that are known to pump and dump independently of the overall market trend ( bearish or bullish ). It will be in your best interest to watch these alts, especially with talks of a recession on the rise. Good opportunities will be few and far apart, but you can still count on a few coins to rally during bear markets. Today's picks are XLMUSDT / Stellar and DOTUSDT / Polkadot .
Incase you missed yesterdays gems, XRP and LTC , find the analysis here : 👀
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DOT/USDT Good days are comingAs you see in this analysis, Polkadot will be one of the best profitable coins in the coming days.
The reasons are:
We have reached the monthly demand in control zone and we have pulled back to it for the first time (FTB).
We have reached the bottom of the downtrend weekly channel.
We saw the falling wedge pattern in the daily timeframe and its break out is imminent.
Polkadot - DOT lost important volume profile support at $4.60👀PolkaDot lost important volume profile support at $4.60👀
Next lower volume support at $3.90 - if it breaks a lack of volume will lead DOT to $3.15 - logFIB 78.60%
First bullish signs for DOT after breaking above $4.60 and logFIB golden pocket again.
Let me know your thoughts in the comments🤗
⬇️⬇️⬇️
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Disclaimer:
Not financial advice
Do your own research before investing
The content shared is for educational purposes only and is my personal opinion
#Polkadot Sinks 24% as DOT on the Brink of Losing $4.2Past Performance of Polkadot
The Polkadot selloff of the last few weeks has seen the coin drop 24 percent from December highs. As it is, the downtrend remains visible, and sellers are in a commanding position. The primary support is at $4.2, and bulls need to reclaim $4.6 for uptrend continuation.
#Polkadot Technical Analysis
There are hints of strength, reading from the performance in the 4HR chart. With support at $4.2, DOT has been printing higher highs relative to the lower BB. Despite this expansion, trading volumes are low, and the uptrend is slower than expected. Besides, since DOT is within the bear range of mid this week, sellers have the upper hand from an effort versus result perspective. Technically, traders can unload on every high below $4.6, expecting a retest of $4.2 with the possibility of trend continuation to $3.6.
What to Expect from #DOT?
The downtrend is defined, and buyers are struggling as the bear market bites. Until DOT clears $4.6 with rising participation levels, sellers will remain in control aiming for further drops to the critical support at $3.6.
Resistance level to watch out for: $4.6
Support level to watch out for: $4.2
Disclaimer: Opinions expressed are not investment advice. Do your research.