DOT inside ascending channel#DOT/USDT
$DOT is trading inside ascending channel, and now price is near and above lower line of this zone.
🐻 holding the descending resistance and break down from lower line of channel will shape a bearish flag pattern that will drop price to somewhere around $0.57
🐮 but holding the lower line and break out from descending resistance can increase price toward upper line of ascending channel.
DOTUSDT
DOT/USDT Downward wedge Secondary trend.Secondary trend. The price is near the dynamic support of the uptrend. A downtrend wedge has formed (secondary downtrend). Potential trend reversal zone in case of its breakthrough.
Important support/resistance zones, trend and formations shown on the chart. At the moment it is interesting to work, because of the intersection zone of the uptrend (green) and the downtrend (secondary).
Also there is a probability of breaking out stops before the reversal, as a rule, all put them under the trend line, it is important that the price does not stay under it for a long time.
DOT/USDT Main Trend. Wedge.
Where to sell (short term)strong volume profile and 0.5 Fib. We might have a slight pull back during 0.618 Fib but I expect the big selling pressure would be around 6.966
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This technical analysis by no means, is a financial advice and this only works for me and I personally think post the best analysis I can, Please do you own research.
DOTUSDT Long SignalThis killer gem is long waiting and making up an upward continuation sooner. I am highly bullish on DOTUSDT and it will be matter of weeks before it explodes to the new highs.
My setup is as follows:
Entries: 5.35 - 5.75
Short Term: 5.92, 6.10, 6.24
Mid-Term: 6.45, 6.84, 7.10 , 7.58
Long Term: 9 - 29
Please be aware with your money!
DOTThinking bottom will be put in next month at the 786% fib retracement lvl. Mainly because the 618% appears to be getting flipped into resistance. Otherwise I could count the correction complete if not for this pesky 618% resistance level
flipping into resistance. Once that confirms I will get very ugly for DOT. Also the falling triangle wedge bottom TL lines up nicely with the next level down 786% mid Nov. That said an overthrow of the wedge to test $4 in Oct would still be a valid C wave count and then up we go.
Polkadot (DOT) - September 25Hello?
Welcome, traders.
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Have a good day.
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(DOTUSDT 1W Chart)
The key is whether you can climb to the 11.72-14.93 section.
To do that, we need to see if it can rise above 7.16.
(1D chart)
If it fails to rise above the downtrend line (1), it is expected to decline towards the 4.16-5.11 section.
The 11.72-14.93 section is a trend-determining section and is a strong support and resistance section.
Therefore, as we get closer to the 11.72-14.93 range, psychologically, if we don't buy now, we will continue to feel like we are about to surge.
Therefore, you should buy after confirming that it is supported by rising to the 11.72-14.93 section.
Otherwise, you will most likely make the mistake of buying at the high.
The final section where you can buy is possible when you see support in the 7.16-7.74 section.
If you buy in this range, in the short term, you can take profit when you find resistance in the 9.26-10.13 range.
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** All descriptions are for reference only and do not guarantee a profit or loss in investment.
** If you share this chart, you can use the indicators normally.
** The MRHAB-T indicator contains indicators that indicate support and resistance points.
** Background color of Long/Short-S indicator: RSI oversold and overbought sections
** Background color of CCI-C indicator: When the short-term CCI line is below -100 and above +100, oversold and overbought sections are displayed.
** The OBV indicator was re-created by applying a formula to the DepthHouse Trading indicator, an indicator disclosed by oh92. (Thanks for this.)
(Short-term Stop Loss can be said to be a point where profit and loss can be preserved or additional entry can be made through split trading. It is a short-term investment perspective.)
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DOT USDT 4H - SWING TRADEDOTUSDT 4H – technical factors such as the 200-period moving average, coinciding with the monthly VWAP, points to an asset appreciation, it may experience resistance when passing through the ichimoku cloud, but it will quickly reach MM200. we can expect an advance to the $7.0 target however, let's wait for the DOT to reach $6.20 to make an entry. So from the limit order to the proposed target, we would have an average profit of 12% in the spot.
Operation to last around 7 days.
Entry price: $6.20
Exit Price: $7.00
Stop Loss: $5.98
****IMPORTANT NOT TO LEVERAGE FOR THE SUCCESS OF THE OPERATION***
In fundamental terms DOT, the very high octane coin, is a governance token, meaning that token holders have control over the Polkadot protocol through voting. It is also used to validate transactions through staking and to link Polkadot parachains (parallel blockchains).
If in doubt, call one of the administrators.
** Not an investment tip.
DOTUSDTHello Crypto Lovers,
Mars Signals team wishes you high profits.
This is a one-day-time frame analysis for DOTUSDT
In this chat, there is R1 as a resistance area which contains the disability of the price to rise. S1 used to be a resistance line and S2 and S3 are the support areas that express the well support of the price at some points. At the moment, we have the fluctuation of price on S1 and our prediction includes two options. Either we will have some rising signs and we expect a rise toward R1 for the price. Or it is possible that the price is not supported at this point and then face a decline toward S2 or even lower amounts.
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
DOTUSDTHello my dear friends
Keep in mind that the main trend of the market is downward in our opinion!
But currently, according to the positive divergence of RSI and the formed pattern, if the current trend is higher than the price range of $7.23.
And on the condition of maintaining the range of $6.79, the possibility of forming an upward trend up to the specified ranges is not so unlikely.
But if the price moves below the price range of $6.79, the possibility of continuing the downward trend to the yellow range ($6.29) will be strengthened.
We would be happy to hear your comments
DOT / USDT 4H CHART - targets and stoploss!Hello everyone, let's take a look at the 4H DOT to USDT chart as you can see the price is moving in the local downtrend channel.
Let's start by setting goals for the near future that we can consider:
T1 = $ 7.06
T2 = $ 7.24
T3 = $ 7.40
T4 = $ 7.55
and
T5 = $ 7.77
Now let's move on to the stop loss in case of further market declines:
SL1 = $ 6.76
SL2 = $ 6.62
SL3 = $ 6.44
SL4 = $ 6.28
and
SL5 = $ 6.13
Looking at the CHOP indicator, we can see that there is a lot of energy in the 4H range, while the MACD indicator indicates that we can enter a local upward trend.
DOT USD Bear M formation on 4 hours DOTUSD M Formation Short analysis
4 hour chart quite a large M formation since 18 August 2022...
On a larger POV it's formed a major Broadening pattern with a continuation in the process...
Target 1 = $5.76
We are still waiting for a break down but, the momentum is showing a promising crash...
RSI remains below 50 which is negative and bearish...
As I mentioned Altcoins are looking bearish and have been since August 2022...
Less investors are showing confidence and optimism for crypto based on the crypto winter, crashing of the larger coins and uncertainty with the general volatility and liquidity.
I'm bearish with Alt Coins in general on 4 hours...
Trade well, live free.
Timon
Founder, MATI Trader