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DOTUSDT

DOT - Potential Bullish Reversal!Hello TradingView Family / Fellow Traders. This is Richard, as known as theSignalyst. WEEKLY: Left Chart DOT is overall bearish however it is currently sitting around a strong demand zone 5.0 - 7.0 so we will be "looking" for buy setups on lower timeframes. H4: Right Chart DOT is forming a trendline in red but it is not valid yet, so we are waiting for a new swing high to form around it to consider it our trigger swing. (projection in purple) Trigger => Waiting for that swing to form "and then" buy after a momentum candle close above it (gray zone) Meanwhile, until the buy is activated, DOT can still trade lower inside the demand zone or even break it downward. Always follow your trading plan regarding entry, risk management, and trade management. Good luck! All Strategies Are Good; If Managed Properly! ~Rich
by TheSignalyst
22
#Polkadot is up 37% from 2022 Pits; DOT Resistance at $12Past Performance of Polkadot DOT prices are relatively steady at spot rates but are up roughly 37 percent from 2022 lows. Bears still have an advantage and are in charge of the current trend. Notably, prices are oscillating inside the recent wide-ranging bear bar of May 18. This bar is inside the main sell candlestick of May 11, pointing to struggling bulls unable to contain the strong wave of selling pressure. DOT is up three percent in the past 24 hours at spot rates. #Polkadot Technical Analysis Currently, the primary trend is bearish. The immediate resistance levels stand at $12, flashing with May 11 highs, and the middle BB, the flexible liquidation level. This preview cancels bull optimism resulting from the series of higher highs relative to the lower BB from May 13. Every retracement towards $12 may see sellers liquidate with targets at May 2022 lows of around $7.5. However, there could be clear opportunities if DOT prices slide below $9.3. Risk-averse traders, bullish on DOT, must wait until there are solid gains above $12. Ideally, the expansion ought to be with rising trading volumes. This may build the foundation for another leg up to $14, retesting the Q1 2022 lows. What to Expect from #DOT? Polkadot has an active ecosystem with a novel model for scaling. As crypto prices recover, DOT will likely rise with the tide. Presently, DOT is in a precarious position and may dump if bulls fail to hold above key support levels. Resistance level to watch out for: $12 Support level to watch out for: $9.3 Disclaimer: Opinions expressed are not investment advice. Do your research.
Short
by Bitcoin_Analyzer
#DOT/BTC 1DAY UPDATE BY CRYPTOSANDERS !!Welcome to this quick DOT/ BTC analysis. I have tried my best to bring the best possible outcome in this chart. Reason of trade:-DOT/ BTC PARALLEL CHANNEL and buy the green zone and (SPOT CALL) Entry:-0.0003000,0.0003333 Traget:- 50% Stoploss:- 0.0002722 Remember:-This is not a piece of financial advice. All investment made by me is at my own risk and I am held responsible for my own profit and losses. So, do your own research before investing in this trade. Sorry for my English it is not my native language. Do hit the like button if you like it and share your charts in the comments section. Thank you...
Long
by CryptoSanders9563
DOT/USDT Analysis Update 📈📉HEY, What's up Guys ! What happened for POLKADOT ! In The last analysis that I posted for DOTUSDT ,It wasn't successful to rise and trigged my stop-loss and as you can see after a cross_under signal it started a sell_off rally , but in the first case , it was successful after the long signal , the price multiplied by 10x ( -30%🔻🆘 | >1000% 🎯💰 ). So today as we can see in the daily time frame for DOT/USDT , after a huge drop, it has managed itself on the the PIVOT zone as a support area ,and if it be able to maintain itself on this current zone at least for a week, then it can rise again and reach the resistance levels ,or it can even see the higher resistance zone again , then likely fall again because the overall trend of market is still bearish ! but otherwise , according to the bars pattern it will continue its downtrend , it can fall to the lower support lvl or even even see the lower Demand zone then start to rise again from there!! -------------------------------------------------------------------------------------------------------------------- 👉This analysis is my personal opinion ,not a financial advice ,so do your own research. 💜 if you're a fan of my analyses PLZ follow me and give a big thumbs 👍 OR drop comment 🗯💭
by PRO_SMART_Trader
1
Polkadot (DOT) - May 18hello? Traders, welcome. By "following", you can always get new information quickly. Please also click "Like". Have a nice day. ------------------------------------- (DOTUSDT 1W Chart) The key is whether you can get support and rise in the volume profile section formed in the section 9.26-10.13. In order to continue the upward trend in the medium to long term, it should rise above the 18.42-19.37 section. (1D chart) Since 9.26-10.13 is a mid- to long-term investment area, careful trading is required. Therefore, it is important to see support by moving above 13.64. However, since a volume profile section is also formed around 19.37, it is expected that the upward trend can be continued only when it rises above 19.37. Therefore, below the 19.37 point, you need to conduct a transaction by purchase unit price to increase the number of coins you have in a transaction method that increases the number of coins for profit. If possible, we recommend making a full-fledged investment in Jinhae after confirming the support at 19.37. ------------------------------------------------------------ ------------------------------------------- ** All indicators are lagging indicators. Therefore, it is important to be aware that the indicator will move accordingly as price and volume move. 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
Does DOT change the direction of the trend?Hello everyone, let's take a look at the DOT to USDT chart on the 1 day timeframe. As you can see, the price is moving in the downtrend channel. Let's start with the line of support and as you can see we are in the support zone from $ 11.36 to $ 8.07, then the first support in the near future is $ 7.43, if the support breaks, the next one is $ 4.6. Now let's move from the resistance line, as you can see the first resistance is $ 11.24, if you can break it the next resistance will be $ 13.68 and $ 15.63 plus $ 17.59. Looking at the CHOP indicator we can see that the energy has been used on the 1 day interval, looking at the MACD indicator we can see that the blue line has crossed the red one from the bottom, which may confirm an uptrend.
by cryptodailyuk
2
DOT expected path for the upcoming weeks- follow me for more ❤️hey, i am merna, a middle-eastern analyst, follow me for more ideas and quotes on twitter! luv ya ❤️ I have drawn a triangle, the sides of the triangle act as S/R levels; if price under it, its resistance, if price is above it its support. Price have approached good support level. If price breaks the triangle UP, then we are targeting R and R2 most likely. S = support R = resistance R2 = 2nd resistance acc = where most of the big players entered long positions , when price approaches these levels they will defend their positions hard. AH = all-time high AL = all-time low
Long
by crypto_sucker19
Will DOT handle the first target?Hello everyone, let's take a look at the DOT to USDT chart over the 1 hour timeframe. As you can see, the price broke above the local downtrend line. It is worth starting with determining the stop loss that we should take into account in the coming hours. As you can see, we chose 3 stop loss: SL1 - $ 10.75, SL2 - $ 10.09, SL3 - $ 9.54. Now let's move on to determining the targets that the price has in front of it and as you can see, the first one is at T1 - $ 11.34 with which the price is currently fighting, the next one is at T2 - $ 12.46. Looking at the CHOP indicator we can see that in the 1 hour interval some energy has been used up, but we have a little bit to continue the movement. On the other hand, the MACD indicator shows an upward trend.
by cryptodailyuk
Right on the DOT/USDTDOT/USDT 🟢entry: $18.060- $17.295 ❌stoploss: $17.730 🎯tp1: $28.420- $27.360 🔼potential %profit: +56.57% 🔽potential %loss: -10.66% r/r: 5.31 Hi Everyone, 🥀this trade idea is fairly self-explanatory. i see an inverse head-and-shoulder pattern developing. in addition to the chart pattern, there is significant volume and the left shoulder, the head, and (to a lesser extent) the right shoulder. this price/volume combination strengthens my confidence in the pattern. 🥀i am setting up the entry in a fairly tight range at the right shoulder, between $18.060 and $17.295. 🥀stop-loss is placed at an appropriate distance below entry, although there is not much in the way of price structure to give further guidance in placement. 🥀target exit is at the last point before price dropped off with volume and began to form the left shoulder of the pattern. check back for updates as the position progresses. feedback and constructive criticism is always appreciated. ✌️all good luck and always practice strict risk management!
Long
by TylerPhilip