DOTUSDT
OP(Optimism) price action analysisSimilar scenario that the market has experienced
Example 1
💰DOT (spring-summer 2021)
Accumulation ➡️ Distribution ➡️ 67% dump ➡️ 360% pump
💰OP (spring-summer 2024)
Accumulation ➡️Distribution ➡️64% dump ➡️ projecting DOT scenario to OP
Here we saw 3 waves of decline and the last one was the most painful and fearful for the crowd. After that we had great pump
This scenario can be applied to many altcoins, not just OP.
DOTUSDT analysis in 4HHello, guys.
This is ESS team.
We hope our analysis will help you.
Candle is supported at Fibonacci Retracement level 382 after breaking the Rising Wedge's bottom.
However, the pressure of the sell-power could push it down to the 0.5-618 level.
To take a long position, at least, If candle break through the GREEN downtrend line, That is the time.
🚧DOTUSDT is Bullish now🚧 & many Traders don't see it 👀!!!Hi.
BINANCE:DOTUSDT
➡️ the odds of another bullish Movement is Pretty high because the pattern which DOT is in, Is a Bullish wedge Pattern! Since The break out has not happened, there is no confirmation of a Bullish Movement But If It happens....
✅ Due to the Ascending structure of the chart...
🟢 The odds of another Bullish Movement is High!
🟢 Bullish wedge is Visible on The chart!
🟢REEGULAR BULLISH Divergence
🟢 No break out yet!
🟢 FALLING WEDGE
✨Targets are:
🎯$7.830
🎯$8.150
🎯$8.530
🎯$8.950
🎯$9.300
🎯$9.700
✅previous Analysis
❗ Note that if the WEDGE is broken down with the power of descending candles, our analysis will fail.
Stay awesome my friends.
_ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _
✅Thank you, and for more ideas, hit ❤️Like❤️ and 🌟Follow🌟!
⚠️Things can change...
The markets are always changing and even with all these signals, the market changes tend to be strong and fast!!
DOT: break renge level📊Analysis by AhmadArz:
🔍Entry: 7.370
🛑Stop Loss: 6.927
🎯Take Profit: 7.692 -8.102 -8.443
🔗"Uncover new opportunities in the world of cryptocurrencies with AhmadArz.
💡Join us on TradingView and expand your investment knowledge with our five years of experience in financial markets."
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Long term analysis of DOT currency#DOT time 1W currency analysis
In the weekly time, the price has a good accumulation and with the start of a suitable upward trend, it has established a very favorable support level in the area of 5.5 dollars and we can expect a good long-term growth from this currency and there is a possibility that the price will reach the specified goals.
🟣⚙️ DOT Trade Analysis ⚙️🟣📉 Market Outlook:
Polkadot (DOT) has reached a significant support level after consolidating for approximately five days.
This presents a potential low-risk opportunity to initiate a long position.
🎯 Trade Plan:
Entry Range: Consider entering the trade between $6.00 and $6.50, aligning with the current major support.
Profit Targets: Aim for profits at $8.00 - $8.50 or $9.50 - $10.00 resistance levels.
Stop Loss: Implement a stop-loss just below $5.70 to manage downside risk.
📈 Trading Strategy:
Entry: Initiate a long position within the specified range.
Targets: Take profits at identified resistance levels.
Risk Management: Utilize the specified stop-loss to mitigate potential losses.
🚨 Note: Stay attentive to market movements and adjust your strategy accordingly! #DOT #TradingAnalysis #CryptoTrade 🌐📊
DOTUSDT Elliott Waves AnalysisHello friends.
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Everything on the chart.
Entry: Market and lower
Targets: 10 - 15 - 20 - 24
after first target reached move ur stop to breakeven
Stop: under 4 (depending of ur risk). ALWAYS follow ur RM .
RR: 1 to 8
risk is justified
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DOT in the first strong support zoneDOT includes a strong correction in the USDT pair, the current level reaches 43% and indicates a return to the first entry zone into a potential LONG, further a second zone has been defined for price averaging.
However, looking at the behavior of BTC, which may potentially make another attempt to reduce the price, one should exercise caution and common sense when opening new positions, because a return of the BTC price by another dozen or so percent may result in very strong declines in the price of altcoins.
BTC: break reng fr buy📊Analysis by AhmadArz:
🔍Entry: 8.893
🛑Stop Loss: 8.512
🎯Take Profit: 9.304-9.688
🔗"Uncover new opportunities in the world of cryptocurrencies with AhmadArz.
💡Join us on TradingView and expand your investment knowledge with our five years of experience in financial markets."
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#DOT/USDT#DOT
The price is moving in a downward channel on a 4-hour frame and is bouncing from the support area in green
The area in green is a very strong support area
Our RSI indicator has a trend that is about to break to the upside
We have a very strong uptrend
Entry price: 9
First goal 9.7
Second goal 10.19
Third goal 10.92
DOT ANOTHER GIANT AWOKE Formed Wyckoff accumulation. With a breakout, there is not much resistance to the 18.3 price. At that price, the largest volume took place on the dates: January 26 to April 30.
I didn't like Dot because they didn't show much power last year, but they are a big giant that starts web3. Those who entered it earlier at this price may reap some profit.
I expect medium caps to start, that's why I'm also long with ADA and Neo.
Write in the comments which alts you would like to see on my profile and if they seem interesting to me I will post them
DOTUSDT.1DIn this daily DOT/USDT chart, we’re looking at a longer-term perspective of the price movement. The use of trend lines suggests a potential channel or wedge pattern forming, which is a common occurrence in markets and typically indicates areas of support and resistance that traders pay close attention to.
The RSI is at 42.52, edging toward the lower end of the neutral zone but not signaling oversold conditions yet. This could imply a slight bearish bias or a cooling off period after a previous uptrend.
The MACD is below the signal line and negative, which often points to bearish momentum. However, the histogram bars are quite small, indicating that while the bears might have control, the selling pressure is not particularly strong at the moment.
The price is currently near the support level (S1), bouncing off from it. The placement of S1 in conjunction with the upward sloping trend line suggests this could be a critical level to hold for the price to maintain its overall bullish structure.
Looking above, the resistance level (R2) is quite far from the current price, implying there could be significant upside potential if the price were to break through any intermediary resistance levels not marked on this chart.
If I were trading this setup, I would watch for potential buy signals around S1, such as bullish candlestick patterns or a bounce with increased volume. Conversely, a break below S1 with significant volume might indicate a trend change, necessitating a reassessment of the bullish outlook.
It’s always crucial to consider other factors that could influence the price of DOT, including broader cryptocurrency market trends, news related to the Polkadot ecosystem, and overall risk sentiment in the financial markets. With that in mind, maintaining a disciplined approach with proper risk management, such as setting stop-loss orders, is advisable.
DOT BULLISH MIDTERMDOT is Bullish in Mid Term this month and the next starting month we can fill over bags start them from 7.3 second 7.1 and keep some fund for worst scenario but I think we are bullish after this month's correction if you are long term holder then it would be great choice to choose DOTUSDT
===> order 7.3
===> order 7.1
===> buy near 5$ in worst case
BULLISH on DOTUSDT
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#DOTThe dot currency has gone through a complete correction cycle, and now it can break the downward structure after the first swing and pullback and move according to the direction. We can say that the current scenario has had an upward movement, considering A, and now wave B has ended, which will be confirmed by the failure of the swing.
🛡️📈 DOT Support Long Trade Setup 📈🛡️📊 Analysis:
Support Opportunity: DOT is currently trading at a support level, offering a potential entry point for a long trade.
Laddering Strategy: Plan to enter gradually into a long spot trade between $8.00 - $8.50 to capture the bounce from support.
Take Profit Targets: Aim for take-profit levels at $9.50 - $10.00 or $11.30 - $12.00, considering potential resistance areas.
Risk Management: Set a tight stop-loss at $7.80 to limit potential losses. Given the current volatility in the market and the recent downtrend in some altcoins, it's crucial to manage risk tightly.
📈 Trade Plan:
Entry: Initiate laddered long spot positions between $8.00 - $8.50.
Take Profit: Target potential resistance levels at $9.50 - $10.00 or $11.30 - $12.00 for profit-taking.
Stop Loss: Place a tight stop-loss order at $7.80 to manage risk in case of adverse price movements.
Risk Management: Continuously monitor price action and adjust strategy accordingly to respond to market dynamics and potential changes in support levels.