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DOTUSDT

Falling wedge patern with decreasing volume Polkadot to 16$Hello traders, after having made a long research i think that dot could make a very strong move to the upside due to the falling wedge pattern that printed on daily time frame. In my opinion it looks really bullish, but not only for the falling wedge on daily, it has also descending volume witch is a confirmation sign and means that to see an increase on volume it's a matter of time. It has already performed a success full breakout and a retest and now it is trading above of the upper trend line of the falling wedge. It is likely for it to go to 16$, but anything is sure in the market so i will keep moving the stop behind the key levels. It will be more likely to reach higher prices if it manages to surpass the exponential moving average of 55 on daily around 8.6$ witch is too a resistance. If will be glad to see what do you think in the comments and if you agree with me push the like button.
Long
by piccard54
PolkaDot DOT - On a massive weekly support! 0.618 FIB + Channel PolkaDot was a very strong altcoin in 2020-2021 as you can see on the historical chart and we can cleary spot an impulse wave here. The coin in 2022 fell to the strongest support (0.618 FIB + Wave 1 horizontal support + POC + ABC correction). If you like fundamentals of this coin, this is definitely a good time to buy, because we have a strong confluence. The missing part is the descending parallel channel, because the price is still inside the channel, but we have had a nice touch on the bottom. After an impulse wave - ABC correction is expected and in this case, the ABC correction has been sucessfullly completed with an ending diagonal pattern. If want to make a short term trade, you can place your profit target at the top of the channel, otherwise next stop is below previous all time high. Look at my ideas about interesting altcoins in the related section down below ↓ For more ideas please hit "Like" and "Follow"!
Long
by UnknownUnicorn2537518
17
Polkadot Moves... Over 755% Potential (6X Lev.)I was looking to share Polkadot (DOTUSDT) and the chart looks so good that we had to go with a trade. We are active now on this one, "low risk" because we go with 6X lev. Normally we use 10X. But at any time one can do 8X, 6X or even 3X and still the potential is huge/great. Ok. Still.... No numbers. But since we recommend this for experts only, I spot the chart setup and you take care of the rest. THIS IS NOT FINANCIAL ADVICE. Leveraged trading is high risk and not for beginners. Will it grow? Not the right question. If it goes down, we stop the trade at a lost. If it goes up, it becomes a winner, we collect profits and move on. We do not predict, we position ourselves and let the market decide which way it will go. Some we win, many we lose... That's the game. Those whoe can't take a loss cannot trade, because even the best traders in the history of the world have loses, all of the time... The point is to spot chart setups/trades, that are low risk but instead offer high potential for rewards. We sound like a broken record... We hope this is useful to you. We hope you make tons of money. We hope you live a long healthy and enjoyable live. We are wishing you the best now & always. Namaste.
Long
by AlanSantana
11
DOT - We are about to break 44 DAYS old trendline!Reasons to take long: ⭐️ BTC bullish ⭐️ Trendline is 44 days old ⭐️ Trendline is clean ⭐️ In the end of local formation ⭐️ Slowly squeezing to the trendline ⭐️ 4th touch ⭐️ 35 ATR ⭐️ Over VWAP Will enter when price squeezes to the trendline on 5m timeframe, the base will form and the tape will get faster. If you don't understand the previous sentence, just use swing stop-loss 3-5% Fix profit by parts: 1% - 1/3 2% - 1/3, stoploss to breakeven What's left, hold to the maximum What do you think of this idea? What is your opinion? Share it in the comments📄🖌 If you like the idea, please give it a like. This is the best "Thank you!" for the author 😊 P.S. Always do your own analysis before a trade. Put a stop loss. Fix profit in parts. Withdraw profits in fiat and reward yourself and your loved ones
Long
by Artem_Dishel
10
DOTUSDT short term biasKeeping in view the situation of the BTC and bearish cycle on macro-level, DOT is poised to fake out or fake impulse towards upside, which will trap the bulls and it will suddenly break down and take a dip. Rate hikes and inflation will have its effect on the BTC so as on the ALTS. Areas to keep in my mind for shorting are 8.4 and 7.6. I t might drop from the current price as well. More confirmation for short entries can only be taken on lower time frames if some one wants to take short positions.
Short
by daily_trades
2
DOTUSDTHello Crypto Lovers, Mars Signals team wishes you high profits. This is a 4-hour-time frame analysis for DOTUSDT As we analyzed on July 5, we predicted a rising trend and now you observe that the price faced a rise in the days after that date. Now we have R3 and R1 which used to be support areas. R2 is a resistance line and the disability of the price to rise is clear. And S1 is our support area that includes the support of the price since the past. At the present, we have the fluctuation of the price over S1 and we predict it will rise to R1 and then it may be rejected and fall to S1. In case we receive confirmation candles over R1 and the price is able to fix itself, then a rise would be waiting for it. 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
by MarsSignals
2
DOTUSDT 3D Medium-term trade with P/L = 10/1Today we will look at the global chart of the DOTUSDT trading pair on a 3-day time frame. The last global idea on DOTUSDT we published 8 months ago, then the downward trend began, which continues to this day. At that time, DOT buyers were very determined to continue the growth, because on 11.11.2021, the first parachains in the Polkadot ecosystem were to be launched. But the situation on the Dotusd chart that we saw suggested that the price will soon begin to decrease, from $50 at least to the $14-18 zone. Of course, we were criticized then in the comments under the idea, that we do not understand what we are writing, only growth and nothing more wrote users TW... But what do we see now? The DOT price is 2 times lower than our pessimistic forecast from the previous idea. Now DOT buyers are trying not to let the DOTUSDT price fall below the liquidity level of $6.50 Not bad conditions to try a medium-term trade for a small part of the deposit: Entrance $6.50-6.70 Stop $6.365 (-5%) Take $9.95 (+48.5%) The profit/loss ratio is 10/1 Below $6.36, it is most likely not worth holding DOT, because then fall can continue to $5-5.20 area _______________________________ Since 2016 , we have been analyzing and trading the cryptocurrency market. We transform our knowledge, trading moods and experience into ideas. Each "like under the idea" boosts the level of our happiness by 0.05%. If we help you to be calmer and richer — help us to be happier :)
by P_S_trade
37
Polkadot (DOT) - July 11Hello? Traders, welcome. By "following", you can always get new information quickly. Please also click "Like". Have a good day. ------------------------------------- (DOTUSDT 1W Chart) Below 10.13 is likely to be a mid- to long-term investment area. In particular, 7.16 and below are likely to be long-term investment areas. Therefore, it is important to know whether it can move higher than 7.16. (1D chart) The contraction period of the Bollinger Bands (60) is short. Therefore, a trend is expected to form in the near future. It is expected that the period from the decline of 7.16 to the vicinity of 5.19 until it rises again to the vicinity of 7.16 is expected to be short. Therefore, if you fail to overcome the psychological burden and make a stop loss when it leads to a further decline, there is a high possibility of a double loss. Therefore, it is recommended to create room to buy when the price is falling. The market can be very volatile if the BTC dominance declines while the BTC price is still in a downtrend. It can be characterized by repeated short-term spikes and dips. You need to think about whether you can't take advantage of it with your trading skills. You should try to earn cash income by short-term trading coins (tokens) that you currently have or increase your holdings. Otherwise, starting an investment in a new coin (token) may require a long period of time to turn into a profit even if the coin market turns upward as the dispersion of funds accelerates. ------------------------------------------------------------ ----------------------------------------------------- ** All indicators are lagging indicators. Therefore, it is important to be aware that the indicator moves accordingly with the movement of price and volume. However, for the sake of convenience, we are talking in reverse for the interpretation of the indicator. ** The MRHAB-T indicator used in the chart is an indicator of our channel that has not been released yet. ** The OBV indicator was re-created by applying a formula to the DepthHouse Trading indicator, an indicator disclosed by oh92. (Thanks for this.) ** Support or resistance is based on the closing price of the 1D chart. ** All descriptions are for reference only and do not guarantee a profit or loss in investment. (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.) ---------------------------------
by readCrypto
DOT / USDT 1DAY CHARTHello everyone, let's take a look at the 1D DOT to USDT chart as you can see the price is moving below the local downtrend line. Let's start by setting goals for the near future that we can consider: T1 = $ 7.38 T2 = $ 8.05 T3 = $ 8.58 and T3 = $ 9.11 Now let's move on to the stop loss in case of further market declines: SL1 = $ 6.81 and SL2 = $ 6.37 Looking at the CHOP indicator, we can see that in the 1D range we are gaining more and more energy, and the MACD indicator shows a local upward trend.
by cryptodailyuk
DOT/USDTesting/tracking elliot wave theory. Please do not trade off idea without S/L. Not financial advice. We're currently sitting on the big green support line, if we lose this we have another support around $3(unlikely) We have already dropped by 88% Going down to the bottom green line would be about a 94% drop from ATH $6 to $3 is 50% drop. We have a small unlikely chance for another 50% drop with a possible gains of 972% Risk Reward ratio: 16 for current price @ $6.9 The more you can get at any price lower than current, your RR ratio is even higher.
BINANCE:DOTUSD
by AyoKu
PolkaDot DOTUSDT - ABC completed! Elliott Wave + Channel- On the weekly/3D chart we can see a parallel channel and the price is currently on the support of the channel. - Due to my Elliott Wave analysis - the ABC correction has been completed successfully and now we are prepared for another bullish market! - 0.618 FIB is the strongest FIB level and the price si currently sitting on this level. - If we take a look at the RSI indicator, we can spot a nice bullish divergence with a lower high! - Wave 1 horizontal support (previous swing high) from 2020 is another great support that we have. - Look at my ideas about another interesting altcoins in the related section down below ↓ - For more content, please hit "Like" & "Follow"!
Long
by UnknownUnicorn2537518
3