DOT - Short it! Here is why 👀- Market is bearish
- We are in a short trend
- The level is clearly seen
- There has been false breakdown
- Instrument did breakout but there no acceleration
- 5th touch
- ATR 40
- Under VWAP
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P.S. Always do your own analysis before a trade. Put a stop loss. Fix profit in parts. Withdraw profits in fiat and reward yourself and your loved ones
DOTUSD.P trade ideas
DOTUSD (4H) Bearish wave We2Hi Traders
DOTUSD (4H Timeframe)
A high probability, entry signal to go SHORT will be given with the downward break of 17.50 after the market found resistance at 18.54. Only the upward break of 18.54 would cancel the bearish scenario.
Trade details
Entry: 17.50
Stop loss: 18.54
Take profit 1: 16.04
Take profit 2: 14.50
Score: 8
Strategy: Bearish wave We2
POLKADOT LONGS ✅✅✅Expecting bullish price action on POLKADOT from a weekly perspective as price is in a huge bullish market strucutre on the HTF premise, price rejected the bullish orderblock on the W1 that could act as a valuable area of ,,support,, if you will for the price and from there we can see a clear move to the upside.
What do you think ? Comment below.
DOTUSD ❕ at the edge of the tradingThe coin has been trading in a sideways trading range for 3 months, we are near the lower boundary. And now the price is at the zone level, where the previous 2 times the price broke the zone up. I expect a retest of the support level, and after the move to the resistance level.
DOT/USD LONG IDEADOT/USD LONG IDEA
DOT/USD has broken into our Buy Zone Area we now looking for low prices to Buy up towards our Daily Target of 27.87917600
A nice up channel has formed and we going to use it as Support Resistance Levels to guide us to put Take profit levels identified .
TP1 : 27.87917600
TP 2 : 25.32764000
SL : 13.79581645
DOT/USD: Trend line lower highPolkadot forming a nice trend line lower high since $16.12 USD in the date of March, 07, 2022 and we see an uptrend. Also, you can to put a buy now and SL to $20.20 USD and target to $26 USD. Also, the target toward $24 USD could be good if in case that DOT doesn't reach the $25 USD or we see any correction toward this trend line.
So guys, it's very easy we see that Polkadot forming a lower high in this market structure.
This it's the H8 timeframe and I see a bullish structure from this timeframe.
This will be a risk/benefit of 1:2
Good luck!!!
Bullish reason for DOTUSDThe rebound has hit DOTUSD.. and made a bullish to make a reversal turn. The dip found the really strong support from 20-21 area, has made the bulls to make the turn to keep going up and broke the resistance from the recent break. The bulls should upward sideways and maintain the recent highs and then go higher.
Target is 100$ For 2022 .. if the highs surpass then we will see about 150. Good luck y’all don’t forget to buy this at Coinbase
DOT - Fighting at resistanceWe have reached the VERY STRONG 23.50 resistance, which was the previous broken neckline of the large H&S.
Bears have reacted and we could se a retest of the gray rising trendline.
In the chart I´ve posted my bullish (purple) and bearish (blue) scenarios.
At this moment I´m not taking any trades, waiting for more clarity on price action.
DOT 274% up by June 2022Polkadot developers are working hard in their project.
We can discover how the chart is showing us a mathematical repetition.
Will this repetition happen again? Most likely yes, in my opinion.
A new alt season is starting.
DOT started to break and its fundamentals are very strong.
I draw 3 vertical RED lines when a new high is expected.
Since it started to break I draw a green temporal sequence of 103 days. The 106 days drop. I copied and pasted the time sequence.
The yellow arrows are also copy and paste, they all have the same degree of inclination and length.
We can see DOT is at the 3rd retest at a very low level and it will start climbing until hitting $63. By having a current price of $23, this means DOT will have an increase of 274%.
Thank you for clicking like.
Happy trading,
Raf
DOT moonboysEveryone is sleeping on this giant. Eth who? Parachain is the future clearly, thats why gavin left to pursue it. Price target of $300 is going to seem unreasonably small once the full potential of this beast is unleashed in a few seasons. A long way back to the top but once momentum flips and trend starts to head upwards sky is the limit for this pup. Shorter term more realistic prices are marked. Good luck traders.
DOT Sign of Strength RallyThe DOT price has been observed in a horizontal re-accumulation trading range from Jan 21, 2022 to the present. The DOT price is pushing up against the trading range resistance in what appears to be an SOS rally.
I will make a long entry in this presumed SOS rally (around $21.5) and take profit around the next resistance cluster around $28. I may add to the position at the BU/LPS.
The upper and lower boundaries of the re-accumulation trading range are given by the horizontal black lines. Blue arrows mark volume spikes.
Wyckoff abbreviations: automatic rally (AR), change of character (CHoCH), sign of weakness (SOW), failed upthrust (FUT), selling climax (SC), sign of strength (SOS), back up (BU), last point of support (LPS), last point of supply (LSPY).
This is not financial advice. I am not your financial advisor. This is my opinion.
DOT/USD - Potential 85% SetupHello Traders!
The DOT began to accumulate in the $15.90 - $23.00 range after the end of the correction
The price has consolidated above MA100 on the daily timeframe and is testing the upper boundary of the accumulation range, the level of $23.00
Entry into short-term purchases can be looked for in the range of $20.75 - $23.00
Consider exiting by stop-loss in case the price goes below $17.00
The targets will be price levels of
$30,00
$34,40
$39,00
Good luck and watch out for the market
P.S. This is an educational analysis that shall not be considered financial advice