$DOP Data Ownership Protocol #DOP DOPUSTD #MEXC Is the bottom inThere are signs that the bottom may finally be in here. There are green shoots of a mini recovery. A 40% uptick in the short term is feasible. Pending #news this could trend quite nicely. Many bag holders from pre-sale at 8c who will #hold for the long term. DoP has $150m and with a current market capital of $3m makes no sense at all. I've bought the dip, smalls so let see if this hypothesis plays out.
DOPUSDT trade ideas
DOP1, Another monster growth prospect on this one!Data Ownership Protocol (DOP) is a recently launched Ethereum-based solution that helps users protect their blockchain data from public view, and also enables them to selectively disclose only certain aspects of their transaction histories and balances. Using cryptographic encryption technologies, such as the Elliptic Curve Digital Signature Algorithm (ECDSA) and Zero-Knowledge Succinct Non-Interactive Argument of Knowledge (zk-SNARK), the protocol puts web3 users in total control of their blockchain data, allowing them to conduct transactions securely and privately.
Key Takeaways:
Data Ownership Protocol (DOP) is an Ethereum-based solution that lets web3 users selectively protect their transaction and wallet data from public view.
DOP powers its services by using two cutting-edge cryptographic encryption techniques — ECDSA and zk-SNARKs.
Its native token, DOP, is used for fee payments, staking and governance. DOP can be traded on the Bybit Spot market.
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On our technicals, DOP1 reversal has already started breaking its long term trend structure -- and going back to the heatzone area. This is a major order block zone where most buyers converge. Expect some more than average upside momentum going forward after this BIG SHIFT.
Recent ATH is at 0.039, 10x from the current price.
That RR should be enough reason to get some cheap tickets.
Another neiro-like surge awaits this one.
TAYOR.
Again volatility still envelopes the market -- so factor that in.
Have safeguards in place just in case.
Spotted at 0.0030
DOP DOPUSDT $DOP - Long Base #LONG Trading Plan DOP - Data Ownership Protocol
Current Price - $0.00226
Type of Play - Base Play & Swing Trade
Long Base - Established
Overview
The coin has formed a long consolidation base at the $0.002 level, indicating accumulation by investors. This base has created a solid support level and suggests potential for upward movement as buying pressure increases.
Technical Analysis
Base Formation - The coin has formed a classic accumulation base over several weeks, showing resilience around the $0.002 level.
Volume Analysis - Increasing volume on up days compared to down days suggests bullish sentiment is building.
Moving Averages -
The coin is currently trading below the 50-day moving average, which may act as resistance in the short term. However, a crossover above the 50-day average could signal a bullish trend.
Key Levels -
Support Level: $0.0025 (Strong base)
Resistance Levels:
First Target: $0.003 (Short-term)
Second Target: $0.006 (Medium-term)
Long-Term Potential: $0.08 (based on previous highs and market sentiment)
Target Analysis
Short-term Target ($0.003):
Percentage Gain: 20% from entry at $0.0025.
Likely to see some profit-taking at this level due to previous resistance.
Medium-term Target ($0.006):
Percentage Gain: 140% from entry.
This level represents a significant resistance, and a breakout here could signal further upward movement.
Long-term Target ($0.08):
Percentage Gain: 3100% from entry.
This is an ambitious target but can be revisited if the coin shows sustained momentum and strong fundamentals.
Strategy
Entry Point -
Buy: At $0.0025 or slightly lower if it tests support again.
Profit-Taking Strategy -
First Profit-Take: Sell 50% of the position at $0.003.
Second Profit- Take: Sell 50% of the remaining position at $0.006.
Consider holding a portion for longer-term gains if momentum builds.
Stop-Loss -
Set a stop-loss at $0.0022 (8% below entry) to limit downside risk. Adjust this as the coinmoves upward to lock in gains.
Technical Wave Analysis
Using Elliott Wave Theory -
Wave Structure - The coin appears to be in Wave 1 of an upward movement, with the potential to see a Wave 2 correction followed by a Wave 3 rally, which is typically the strongest.
As it approaches $0.003, watch for the possibility of Wave 2 correction. If the stock can hold above $0.0025, it may set up for a powerful Wave 3 to $0.006 or higher.
Conclusion
The coin is well-positioned for a swing trade from the established base at $0.0025. Monitor key resistance levels and adjust the strategy as needed based on market conditions and price action. By adhering to a disciplined approach with clear profit-taking and stop-loss strategies, traders can effectively capitalise on this opportunity while managing risk.
Like, boost and follow please for more technical analysis and trading plans. SWB:DOP #DOP1 DOP #Bybit #Kucoin #Mexc #GateIO
$DOP Technical Bounce #DOP1 It's been great for shorters but demand and volume is coming. This should indicate a short term reversal. Given they may list on other exchanges and have been working on projects news flow could be soon. Indicators are short term punters could ramp up the price here to at least 0.003
Data Ownership Protocol $DOPDOP lets you control your personal and financial data on the blockchain, encrypt or decrypt your assets, and transact with confidence and regulatory compliance.
Transact with selective transparency
Showcase NFTs
Explore Defi platforms without exposure to irrelevant parties
The Data Ownership Protocol (DOP) utilizes zero-knowledge proofs to allow flexible transparency on top of Ethereum L1. DOP allows users and DApps to store assets and make transaction data controlled by the user or selectively disclose token holdings and historical information.
DOP DOP1 USDT - Data Ownership Protocol #Breakout #Alert In oversold territory with a divergence on the RSI to price in a falling wedge triangle as depicted on the chart. Accumulation is happening at these levels judging from the volume.
Should it break out from this downward pattern the potential run up to 0.008c is highly likely.
I am expecting the shift in pattern to occur within days if not sooner.
I have entered the trade at just over 0.003 based on Fib levels
Target is 0.008
Entry is 0.0028 - 0.0035
Let's see if this hypothesis plays out.
Dop1 / Usdt BYBIT:DOP1USDT
Dop1 is currently trading at $0.003317 and is forming an inverted head and shoulders pattern, which is often interpreted as a bullish reversal signal. In this pattern, the current price is at a critical resistance zone. If the price successfully holds at this level and breaks through, the next resistance targets to watch are $0.00399 and $0.00500.
The inverted head and shoulders pattern typically suggests that after a downtrend, the price may be poised for an upward move if it confirms the pattern by surpassing the resistance levels. However, since Dop1 is described as a risky coin, it's essential to approach with caution.
**Disclaimer:** This analysis is for informational purposes only and is not financial advice. Investing in volatile assets like risky coins involves significant risk, and you should conduct your own research (DYOR) and consult with a financial advisor before making any investment decisions.
#DOP1 $DOP Data Ownership Protocol #Mexc #Bybit NEW Trading PlanFollowing a brutal shake out from highs of recent spike to 8's, it is back in the accumulation and buy zone ready to pump again to new highs from recent lows. the structure is the same as other ICO base plays.
Trade Strategy
Accumulation
5'2 - 7's
Ride out
7's - 1.2c
Breakout (Hold)
Above 1.2c to circa 8c (Big Break!)
Getting Near Our Buy AreaHi everyone,
In this simple analysis
We've managed to learn where we could take profit for DOP1 right, and now we're talking about we're we can finally start accumulating DOP1
We're now nearing our Fib Extension @ 1.272
We will start looking in the lower timeframe here and see if the marketing is accumulating.
How do you define if a market is accumulating?
Pretty much the market is just moving sideaways taking the highs and lows of the range.
Hope you learned something new!
Let's make +1000% here in this bull cycle.
$DOP1 #DOP1 DOP1USDT #Bybit #MexcThesis - the optimal buy zone (purple) is between 0.05.8 and 0.08.3. A breakout above (yellow) zone 0.08.3 suggests a potential rally, with the current support level (0.058) indicating that the price may increase to the target of 0.08.3. Beyond this point, the target range is between 1.5 and 2 cents.
$DOP1USDT Data Ownership Protocol #crypto #Bitget #DOP #DOP1Trending higher on the lower time frame.
There is some overhang however most paper hands have exited the trade
Looks to be reclaiming the lower trend line
A break above 0.011000 in the long term
In the short-term it could reach 0.011000 before supply comes as flipper with trade out
Short term target is 0.011000
Expect at 70m MC this could 10 x to 700 MC in a relatively short space of time.
Presale is at 0.008
#dyor Do your own research This is my opinion only. If you agree, leave a like, boost, follow and comment.
Guaranteed +500% with Data Ownership ProtocolHi everyone!
If you're reading this and want to make 500% in this bull market one of the sure ways to do it is investing in Data Ownership Protocol.
Here's why:
RSI is in oversold area already
Upon checking in Fib we're also in the demand area.
This means we will be accumulating in this zone first around 0.005-0.009
Perfect time to bag.
Personally, I'm putting in $5K here as this is the amount that's within my risk appetite.
Excited for DOP as they have more updates and features in their pipeline.
For Futures, I'm long with a $2K capital + 5x leverage
LFG.
Data Ownership Protocol Trade Video AnalysisIn this video you will learn the concept behind demand zone and how we were able to earn +500% in Futures ByBit.
Hope you learn something new!