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Dotusdtanalysis

Polkadot could rise to 15At the end of October, BINANCE:DOTUSDT started a new uptrend, aligning with the broader market movement of various coins. This upward momentum was marked by a decisive breakthrough above the descending trend line of a prolonged falling wedge, surpassing several key horizontal levels. However, the ascent was halted near the August 2022 high, around 10. This apparent pullback, occurring after the surge, was essentially a correction within the nascent uptrend. DotUSDT found robust support around the 6.5 zone, indicating a stabilization point. Currently, the coin appears poised for another upward movement, targeting the resistance level around 15. My bullish outlook remains strong as long as support at 6.5 holds firm. Considering the potential, buying dips in this coin could present an incredible risk-to-reward ratio of 1:6.
Long
by Mihai_Iacob
9
DOTUSDT Breaks Trend Line!The DOT/USDT trading pair has recently experienced a notable development as it broke a significant trend line after a prolonged period of consolidation. This breakout suggests a potential shift in market sentiment, with bulls gaining momentum. DOTUSDT (1W Chart) Technical analysis DOTUSDT (1W Chart) Currently trading at $5.9 Buy level: Above $5.7 Stop loss: Below $4.2 TP1: $7 TP2: $9 TP3: $13 TP4: $18 TP4: $23 Max Leverage 2x Always keep Stop loss Follow Our Tradingview Account for More Technical Analysis Updates, | Like, Share and Comment Your thoughts
Long
by GreenCryptoTrades
4
DOT/BTC , Accumulation zone?The price has been pushed to the plinth, the information space regarding the active is silent! Will the formation of the accumulation zone or the reaction and food news, consistently upward growth? The price is down 88.22% from its high. We've been in a downtrend for 722 days. Is it all that bad? I suggest you also watch the DOT/USDT publication. Crab pattern. (Create the illusion of a commodity that has no price. Buy what is based on your analysis, do not be manipulated! They turn your head in the other direction, in the direction of the spectacle, while backstage they are preparing the next scene for you!).
by DmitriyOstapov
DOT/USDT , Accumulation zone?Indicates the average price before the asset pumps in 2020 The price is down 93.53% from its high. We see each time on the weak reaction of the coin (breaking the resistance line of 434 days by 58.72%). Now is in a descending channel of 462 days , the reaction to work out the wedge +42.40% - into the resistance of the upper boundary of the channel The price is down to low values, pushing down, there is no positive news, is it all bad? (Creating the illusion of a commodity that has no price. Buy what is based on your analysis, don't be manipulated! They turn your head in the other direction, in the direction of the spectacle, while the backstage is preparing the next scene for you!)
by DmitriyOstapov
DOT Polkadot Technical Analysis And Trade IdeaWelcome to our DOT/USDT Technical Analysis and Trade Idea. In this video, we will delve into the charts, focusing on the prevailing bearish sentiment found in the weekly (1W) and daily (1D) timeframes. Notably, our charts signal that Polkadot is currently on the verge of a resistance level, a pivotal turning point for this crypto asset. Throughout this discussion, we will explore the fundamental tenets of technical analysis, encompassing vital aspects such as analyzing the ongoing market trend, price dynamics, market structure, and other critical elements of technical analysis. As we progress through this analysis, we will meticulously examine a potential trading opportunity within the NAS100 index. It is important to note that the insights we share in this presentation are intended solely for educational purposes and should not be construed as financial advice. Participating in the stock market and cryptocurrency trading carries a significant level of risk. Therefore, it is imperative to prudently incorporate robust risk management strategies into your trading plan to effectively navigate these challenges.
Short
by tradingwithanthony
DOTUSDT Elliott Waves Analysis (midterm setup)Hello friends. Please support my work by clicking the LIKE button👍(If you liked). Also i will appreciate for ur activity. Thank you! Everything on the chart. After correction will looking for new long position. Entry: 5.4 - 5.2 Targets: 5.1 - 5.4 - 5.7 after first target reached move ur stop to breakeven Stop: ~3.6 (depending of ur risk). ALWAYS follow ur RM . RR: 1 to 3 risk is justified Good luck everyone! Follow me on TRADINGView, if you don't want to miss my next analysis or signals. It's not financial advice. Dont Forget, always make your own research before to trade my ideas! Open to any questions and suggestions
Long
by trytofeelpositive
Investments zones for PolkadotBINANCE:DOTUSDT Here is my targets for investors who have a stable coins and waiting the best golden price for long term. Everything in -0.18 and -0.27 zones what I've mentioned on a chart is good time to accumulate more DOT On global daily Histogram since May 2021 drop we can see how price is break new ATH and going almost to the same bottom, but on histogram shows we are really soon can see the bottom and start new alt season to my conservative prices around 70 and 100 usd per DOT Follow me on Trading View and other social media. Link under this idea Thanks
Long
by Crypto4light
DOTUSDT at weekly and monthly support confluenceThe price is trading at the confluence of weekly and monthly support. The upper side of this support range has already held the price twice in past and provided bounces. The first one was stronger than the second one. The second bounce slowly retraced and has come back into the support zone. I think this is the last line of a significant support at least for the pair on this chart. And I expect this support to hold and make the price reverse for significant move to the upside. The price still has the possibility to go a bit below and probably breach this support on intra weekly basis but it should not close below it. Overall, this one is looking good for the long side on high time frame but some smaller downside potential is still there and therefore slowly building a long position is desired and recommended.
Long
by angela_altair
1
DOTUSDT Elliott Waves Analysis (Longterm plan)Hello friends. Please support my work by clicking the LIKE button👍(If you liked). Also i will appreciate for ur activity. Thank you! Everything on the chart. Entry zone: 3.8 - 3.4 Targets: 5.5 - 8 - 10 after first target reached move ur stop to breakeven Stop: (depending of ur risk). ALWAYS follow ur RM . risk is justified Good luck everyone! Follow me on TRADINGView, if you don't want to miss my next analysis or signals. It's not financial advice. Dont Forget, always make your own research before to trade my ideas! Open to any questions and suggestions
Long
by trytofeelpositive
5