Dotusdtanalysis
DOT 4H uptrend price actionThe current impulse wave faced a resistance area (purple PRZ) which price showed lots of reactions to this area before. the short term correction wave can be ended if the price shows a meaningful reaction to the static PRZ (green PRZ) which is reinforced with level 38.2 of Fibonacci retracement. if the price break this PRZ down with a full body candle it can decrease to the bottom line of the channel where the level 78 of Fibonacci and static PRZ (blue PRZ) can support the price.
I appreciate your comments and feedback
DOT Price technically moves on the chart where to buy and sellIt turned out that the last time we made a global review of the DOTUSDT trading pair was to do as in February 2021.
But the idea worked pretty well , which we saw on the graph, see for yourself.
Also, during these 6 months, we made several short-term ideas for trading the DOTUSD pair, they can be found through the search in our ideas.
Having opened the DOTUSDT chart today, we saw that the price moves smartly from the liquidity level to the liquid level , so there is no need to invent a bicycle again.
Let's trade DOT from level to level and just take out our modest profit from the table in time)
Based on the current DOTUSDT price chart, a correction suggests a fall to the $13-14.50 price zone , where it will be possible to buy a long position at a tasty price. After this correction, we can expect growth to $28-31.
The logic is simple : if the dynamics of correction are weaker, to the upper part of the liquidity zone, then a powerful shot can be expected up to $31. If the correction will be deeper and more protracted, then it will be better to start fixing longs when the DOTUSD price crosses the $28 mark.
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DOTUSDT CwH Formation | Breakout & Retest DoneDOTUSDT CwH Formation | Breakout & Retest Done +74% Profit Ahead
NOTE: Do your own analysis. Do proper risk and money management. Spot trading only.
Do not use more than 10% Risk of your account.
Entry: 21.016
TP1: 23.990
TP2: 26.097
TP3: 28.576
TP4: 31.302
TP5: 36.755
SL: 18.785 | 10% Loss
DOT, Polkadot - I'll open a position ONLY after this scenario⚡️Big chance to continue down. But, I think, the better pattern for it - squeezing near to 14.975. And only after that breakout. If we do it without it, I'll not trade this breakout.
Write in the comments all your questions and instrument analysis of which you want to see.
Friends, push the like button, write a comment, and share with your mates - that would be the best THANK YOU.
P.S. I personally will open entry if the price will show it according to my strategy.
Always make your analysis before a trade
DOT, Polkadot - we can break downtrend line👀The price touched the downtrend line 5 times. Now we're trying to break it. The best pattern to buy I see in one case: we'll break local key level and make retest. Set an alert and wait. Only with stop-loss.
Write in the comments all your questions and instrument analysis of which you want to see.
Friends, push the like button, write a comment, and share with your mates - that would be the best THANK YOU.
P.S. I personally will open entry if the price will show it according to my strategy.
Always make your analysis before a trade
Polkadot DOTUSD Possible Bullish ScenarioThings to Note:
1. Price moving in Megaphone Pattern for the last 2.5 months
2. The target level of this pattern on the upside is $35.
3. Nearest support zone lies at $28-30
4. On the downside, if 28-30 doesn't hold, we can see $20.
5. Since we are in the Bull market, it is more likely to BO to the upside.
P.S: This is NOT investment advice. This chart is meant for learning purposes only and is a part of my personal journal. Invest your capital at your own risk.
DOTUSDT 4H The price is in a price range and moves between support and resistance levels
In the last collision with the ceiling of the channel, the price performs a sharp breakout downwards. After Sharp Kendall moves, it creates a long show.
After the creation of Long Shodo and near the support, the selling pressure of the price decreases. Currently, the price is on the support level and can make higher returns.
Due to the previous move, the price is expected to create a suffering box for the support procedure, and after that, by breaking, it can create a sharp movement.
DOT Big Comeback! - Fibonacci AnalysisDOT is coming back with a BANG! It bounced back of strong at 0.78 Fib support and heading North.
Buy Zone: $32 - $38
Take Profit #1 $45,89
Take Profit #2 $48.27
Take Profit #3 $53.90
Disclaimer: This is not a financial advice. This information does not provide individually tailored investment advice and does not take anyone’s circumstances into consideration when discussing investments, nor am I registered as an investment adviser or broker-dealer in any jurisdiction. Information contained herein is not an offer or solicitation to buy, hold, or sell any cryptocurrency.
DOTUSDT Double BottomsDOTUSDT has created Double Bottoms and completed a strong bullish breakout.
After the breakout, we have seen throwback from 37.71 the broken zone and now waiting for trading volume to open a buy trade near 45.00 to 47.
NOTE: Only buy when you see volume in the Circle. Otherwise, the setup will be invalidated.
Buying Zones
BZ1 45
BZ2 47
Stop Loss
37.15
Short Targets
TP1 52
TP2 60
Long Targets
TP3 70
TP4 76
It's a Spot Trading Setup. You will be responsible for any loss if you take in the Futures.
Happy Trading!