DOTUSDT
DOTUSDTHello Crypto Lovers,
Mars Signals team wishes you high profits.
This is a 4-hour-time frame analysis for DOTUSDT
Based on our previous analysis on June 7, we had a short position for our price and we predicted more fall for it. Now you see that this has happened and we have all our targets hit. In this chart, we have R2 as the long-term resistance line which represents the disability of the price to rise. S1 refers to our support line which shows the well support of the price at some points. And then we have R1 as another resistance line that expresses the unsuccessful triumphs of the price in order to move above it. Now the price is fluctuating on R1 and we believe it will have a rise to R2. Even this can be a failure in break and the price will face a falling trend. Therefore, the price will have a decline at this point and move toward S1.
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
Polkadot Next Train- Well i tought Polkadot would surprise us in this dip and stop around 13$, but TheKing is still TheKing and decides for Altcoins over pressuring them.
- Finally Polkadot got a support by his Top of 2020 consolidation.
- So DOT dipped around 6.2$ but it could have dipped 5$ and still can. No matter. this is only a buy opportunity for the new train.
- We won't see again this kind of huge project back to this price again after the next moon shoot. this is the last time to charge a bag.
- When u are shivering, Whales are buying.
Happy Tr4Ding !
Dot as the whole market reacts with declinesHello everyone, let's take a look at the DOT to USDT chart on the 1 day time frame as you can see the price is moving under the downtrend line.
Let's start with the line of support and as you can see the first support is $ 7.08, if the support breaks down, the next one is $ 4.56.
Now let's move from the resistance line as you can see the first resistance is $ 7.68, if you can break it the next resistance will be $ 8.46, $ 9.12 and $ 9.79.
Looking at the CHOP indicator, we can see that the energy has been used on the 1-day interval, and the MACD indicator shows a downward trend.
DOT's Trend Will be Determined In the next few days!DOT is in a Symmetrical Triangle Which means the Price can Increase or Decrease Depending On The Break out Which will Happen Pretty Soon! 14.5$ is the Target for bullish Break out and 7.3$ is the target for Bearish Break out!
-DOT is in A symmetrical Triangle
-wait for Break out to Determine the Trend!
-14.5$ and 7.3$ are the Targets depending on the Break out!
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Thank you for seeing idea .
Have a nice day and Good luck
Dot.Dot saw a clean 5 wave impulse which started back in August of 2020,
the impulse completed in November of 2021.
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since that peak, dot has been correcting in what looks to be a simple zig-zag (labeled as a-b-c).
-on june 15th, the correction will have lasted exactly 50% the time it that it took for the impulse to be completed.
-there's also a full moon on the 15th of june.
-full moons are historically very bullish indications in the market.
-dot is forming a triple bullish divergence on the daily time-frame.
-currently in a multi-day squeeze.
a lot of confluence at $6.73,
-midline of bear channel,
-100% extension
-0.50% in fib time when measuring against the impulsive move.
there is a very high area of liquidity just beneath, between $5.78~$5.14.
this area could technically be raided with a wick.
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Imminent reversal is expected just after June 15th,
Bullish.
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ps. if you have any coins you want me to take a look at, leave them in the comments, or pm me.
DOT in a local downtrend!Hello everyone, let's take a look at the DOT to USDT chart over the 4 hour timeframe. As you can see, the price is moving on the local channel.
Let's start with the line of support, and as you can see, the first support that is currently trading at is $ 8.58, if the support breaks down, the next is $ 8.27 and $ 7.31.
Now let's move from the resistance line as you can see the first resistance is $ 9.34, if you can break it the next resistance will be $ 9.83, $ 10.21 and $ 10.61.
Looking at the CHOP indicator, we can see that in the 4-hour interval some energy has been used, and the MACD indicator clearly shows when we entered the local downward trend (where the red line crossed the blue line from above).
DOT/USDT: On Buying area, Direct rise expected---- Mid-term Analysis for the next coming 4 weeks to 3 months - Daily on Daily Chart (LOG)-------
DOT/USDT: On Buying area, Direct rise expected
Context
- The Global Crypto market leads by BTC and ETH is still evolving within a bearish market configuration. Like the others digital assets DOT suffered about negative global market situation.
- However we are focus on a key buying area now on this coin and we expect a fast and quick recovery regarding technical elements
Market configuration
- Graphical Elements :
Graphical Resistance = 14 & 31
Graphical Support = 5,50 & 2,00
- Mathematical Indicators:
EMA ( Exp Moving averages) are still capping the market = Bearish
RSI indicator (below) is bouncing off key support = Bullish
- Elliot & Harmonic Wave (Fibonacci):
Fibonacci Target C (B) has been already reached = 9,50
Fibonacci resistance of the wave in progress = 14,00
Fibonacci support of the wave (c) (B) (max extension) = 5,50
Fibonacci Bullish Target = 19,00 (auto-similar move)
Conclusion
Preferred case => Regarding the mid-term element, DOT is offering the perfect entry area for a mid-term portfolio configuration in order to anticipate a bullish exit towards 14,00 and 19,00 as long as 5,50 remains support - In extension a larger rise towards the previous top at 31,00 can't be ignored
#Polkadot's Upside Limited, will DOT Steady above $8.5?Past Performance of Polkadot
The broader crypto market expects a recovery, a development that might lift DOT prices from 2022 pits. Still, sellers remain firmly in control with resistance at the middle BB. Currently, DOT crypto prices are struggling against a deluge of selling pressure. The coin is down roughly three percent in the past trading week.
#Polkadot Technical Analysis
DOT prices are inside a tight trade zone, tracing the middle BB as bears diffuse attempts for higher highs. In a bear flag, the coin has support at $8.5. On the other hand, resistance is defined by the flexible resistance line, the middle BB, and $11. Ideally, buyers should wait for confirmation of May 13 gains. That will mean a clean break above $11 with rising trading volumes. If not, any drop below $8.5 or last week's lows could trigger a sell-off towards $7 in the immediate term.
What to Expect from #DOT?
Polkadot is struggling, and bears are in a commanding position. The odds of unexpected recoveries above the middle BB are slim to none. Accordingly, aggressive DOT bears may unload on dips, doubling down, especially if there are further losses below last week's lows.
Resistance level to watch out for: $11
Support level to watch out for: $8.5
Disclaimer: Opinions expressed are not investment advice. Do your research.
I HOPE THIS IS A REVERSAL PATTERN FOR DOTUSDT!!!As you can see on the DOTUSDT Daily Chart, we can see a Symmetrical Triangle . This can be interpreted into 2 things. First, if it broken the symmetrical triangle support it maybe a bearish continuation. Second, if it broken the symmetrical triangle resistance it maybe a reversal to a bullish trend. Otherwise the EMA Indicators (50,100,200 EMA) still on the top of the chart, which means it is a bearish trend. But let's be positive and hope it will broken the symmetrical triangle resistance, cause I'm still holding some DOTUSDT right now :D !!!