DOTUSD: Amazing Sell OpportunityDOT has really caught my attention over the last few days.
It seems like price wants to return to mitigate the sellers from the head and shoulders breakout.
Once we eliminate these sellers, liquidity will be created and we could potentially sell DOTUSD all the way down into the equal lows.
What do you think of this analysis?
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DOTUSDTPERP
DOT/USD Analysis 24/10/2021update from previous analysis:
previously we were looking at a rising wedge for DOT but a break to the upside actually looked favourable, we done exactly what I mention on all of analysis's which was a swing fail to one side before a sharp drop the other direction, I marked the bullish target on that analysis but we actually came down and perfectly met my bearish target. we have consolidated ever since, there is clearly a large amount of volume in this area.
we have formed a penant here and a breakout is inevitable, I am going to say that I actually favour the downside I think everything needs a nice sharp drop tomorrow let the RSI and MacD reset on larger timeframes like the 4hr/ daily.
I have marked notable price targets, personally I have buys starting to average in from the $41 level and more buys down to $40, I think we could possibly see 39.5 but DOT is one of the most bullish coins in crypto right now so I think the buying pressure at these levels will be insane.
DOTUSDT: BREAKOUT UPPER TRENDLINE, THE TIME FOR BULLISH AGAIN?Hello Enthusiast Coin Traders! Here's short-term outlook for DOTUSDT, Please give us the thumbs up and support the channel by Smashing the FOLLOW button :)
DOTUSDT is breaking out of the Descending Broadening Wedge Pattern. Breakout of descending broadening wedge pattern could indicates the possibility of bullish movement ahead. The momentum indicator is pointing up in the neutral area, it signify the potential upward movement to the target area.
The roadmap will be invalid after exceeding the support/target area.
DISCLAIMER:
This is only an outlook, not a recommedation to buy or sell the cryptocurrency pairs.
DOTUSDT - Resistance Breakout!DOTUSDT (1D Chart) Technical analysis
DOTUSDT (1D Chart) Currently trading at $39
Buy level :Above $39
Stop loss: Below $31
TP1: $47
TP2: $55
TP3: $65
TP4: $80
Max Leverage 2x
Always keep Stop loss
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DOTUSDt, POLKADOT USDT trade will be up after correction DOTUSDT trade bounced back from 38% Fib level which trigger point to enter in DOT coin and moved $37. I will prefer to enter DOTUSDT @ 26 level again and again to wait for 3X target. If trade crosses yellow supply zone area then trade can bounce from supply zone area which is between $27-$20 level back towards 127% fib level. In both situation target and direction will be same.
DOTUSDT , Are you ready for 2nd Target ???Hello everybody
According to our previous analysis about DOT , We shown on chart a buy zone area that 2 times came in and there is a opportunities for buying and wait until reach our Target .
As seen on chart our first Tp was reached and now we are ready for 2nd one and after we break minor resistance that shown on chart we can go and reach to the 2nd target .
Dont forget that Dot is one of the amazing project in crypto
Dont forget stop loss and money management
Being with us , follow us and share us
Previous analysis
Good Luck
Abtin
DOTUSDT , Where we are ?Hello guys
According to the chart that shown it , we are in up trend ( bullish trend ) but at this time we need Pullback to buy some dot or take long position for futures trader
We have a main zone that shown it on chart with yellow color and we shown a zone with pink color ( this pink zone its important area for the price if the price can close candle below than the pink area , the up trend can change the trend to down trend )
we think we can pull back to the red area and this is the attractive zone for buying some DOT :D
Dot is amazing and one of the Wonderful project in crypto for solving many things , we can say fundamental of project is powerful and because of that we can take more price over 100$
Dont forget Stop loss in any trading
if anyone have any question , send me messages and Ask :D :D :D :D
Good Luck
Abtin
Polkadot (DOT) TA / FAIF this breaks through, these are my potential price targets this bull run. Descending wedge breakout target, previous ATH, cup and handle, and 2.618 Fib Retracement level for the top. Obviously RSI is getting overbought, and this last leg is going to be very volatile. Set stops, secure profits. $60-100 has been my EOY range since March, this fits in perfectly. Parachain auctions are heavily rumored to be announced Oct. 10-14, and Gavin Wood has been making himself known more than ever the last few weeks. I conservatively expect to see DOT back in the top 5 for marketcap by EOY, but I'm really expecting to see top 3. You know, the only project with more developers than Polkadot is Ethereum. I truly believe the reason Polkadot has been a sleeper is because the big money has been loading up. I see ADA falling hard, SOL maintaining, and FTM, ATOM, and LUNA to keep steadily rising.
DOT - two scenarios 🤔😱DOT as well as ETH and other altcoins are locally wedged in a triangle. If the price breaks through the upper boundary of the triangle, that would be a good buying opportunity. It is safer to buy after breaking through and retesting the triangle as support.
If the price breaks the lower boundary, DOT is likely to go lower.
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P.S. I personally will open entry if the price will show it according to my strategy.
Always make your analysis before a trade.
DOTUSDT trading Support and Resistance. In this chart, you will see the future DOTUSDT Support and Resistance and with that, you can trade long and Short but remember one thing that if it breaks this support you need to short and your take profit will be next Support but if it will not be able to break that support level then you can trade long accordingly and you can set your take profit at on resistance level.
Possible swing trade for DotRecent high retracement made from 38, if it successfully breaks 38 and sustain for 1 hour it can go 40-42 levels.
But by forming structure by structure
Because parabolic moves are not reliable to can trap us on high sight
By with confirmation and use tsl strictly to avoid sudden momentum shifts