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DOTUSDT trade ideas

Polkadot (DOT) to $50On the above 4-day chart price action has corrected over 90% since the sell signal back in March 2021. Now is an excellent long opportunity. The reasons? 1) Price action and RSI resistance breakouts. 2) Regular bullish divergence as printed over a 4 month period. 3) Support and resistance. Look left. 4) The target is defined from the falling wedge. Is it possible price action falls further? Sure. Is it probable? no Ww Type: trade Risk: <=6% of portfolio Timeframe: Long from August. Return: 1000%
Long
by without_worries
24
Alikze »» DOT | 61.8 Fibo retest scenarioAccording to the long-term analysis, the DOT currency is moving in the 1W time frame, which, as mentioned in the updated micro-waves of the previous post, completed a complete cycle in accordance with the path in the range of 11.92. 💎 First scenario: due to the recent three-wave correction and support in an important PRZ area, an upward corrective movement is currently underway, which is currently stopped at the 0.618 area. Therefore, if this X wave is not upward and after the completion of the correction log until the liquidity zone or PRZ leads to the failure of the zone and the daily candle is closed above it, it can continue the movement until the specified resistance PRZ zone. to give 💎 Second scenario: If the support PRZ area is broken, this can lead to a continuing corrective lag and a combined correction and correct the whole wave up to 0.23. If the behavior and structure of the post changes, it will be updated. »»»«««»»»«««»»»««« Please support this idea with a LIKE and COMMENT if you find it useful and Click "Follow" on our profile if you'd like these trade ideas delivered straight to your email in the future. Thanks for your continued support. Sincerely.❤️ »»»«««»»»«««»»»«««
Long
by alikze
DOTUSDT Poised for Major Bullish Breakout or Risk of Decline!Yello, Paradisers! Have you been tracking #DOTUSDT lately? It's showing some strong signals that could lead to a major bullish continuation from support. Let's dive into the details! 💎After a careful analysis of #DOT price action, we've observed a promising pattern. For a long time, CRYPTOCAP:DOT has been adhering to a descending trendline. Recently, it has successfully retested this descending resistance, assessing key resistance at $6.576, indicating a potential bullish move. If #POLKADOT breaks above the $6.576 resistance and sustains its momentum, we could see a significant bullish continuation. 💎However, due to previous strong bearish pressure, there's an imbalance in the price. It's likely that the price might revisit this level to fill the imbalance. If CRYPTOCAP:DOT fails to initiate an upward movement from the retest level, we should look for a bullish rebound from the lower support at $5.403. On the flip side, if the price breaks below the $5.403 support, this could invalidate the bullish setup and lead to further declines. Stay sharp and trade smart, Paradisers! Stay disciplined and focused on your trading strategy. MyCryptoParadise iFeel the success🌴
Long
by MyCryptoParadise
6
DOTUSDT H4 Dot currency. For storage. We put 100 lines under the word storage. I do not trade. Futures contracts, I store currencies. They are for storage, including levels. Frankly, I bought from the $4 levels. I bought from the $4 levels. I bought a respectable amount. Now. It is at $6.25. The first target, as shown in the chart, $11? I sell half the quantity, at $11. And we target $20 to $25 with the remaining half quantity. Good luck to all of you, and any question leave me in the comments.
Long
by Abdelmalak
DOTUSDT D1Poca Dot currency. For storage. We put 100 lines under the word storage. I do not trade. Futures contracts, I store currencies. They are for storage, including levels. Frankly, I bought from the $4 levels. I bought from the $4 levels. I bought a respectable amount. Now. It is at $6.25. The first target, as shown in the chart, $11? I sell half the quantity, at $11. And we target $20 to $25 with the remaining half quantity. Good luck to all of you, and any question leave me in the comments.
Long
by Abdelmalak
DOT ANALYSIS🔮 #DOT Analysis - Breakout 🚀🚀 💲💲 There is a breakout of Falling Wedge Pattern in #DOT and trying to retests the level. It's a 12hr time frame breakout and we will see more higher price in long-term. A successful retest of support could propel a rally 📈📈 💸Current Price -- $6.058 📈Target Price -- $9.051 ⁉️ What to do? - We have marked crucial levels in the chart . We can trade according to the chart and make some profits. 🚀💸 #DOT #Cryptocurrency #Breakout #DYOR
Long
by ZEUS_Market_Alerts
DOT's next move.CRYPTOCAP:DOT I see a bullish divergence on the daily chart at an important support level, and people are freaking out about how they spend money :) Sorry, but I trust what I see on the charts. The only invalidation point is $4.50. If you are still here, here are more of my thoughts... So what if #DOT paid big influencers to promote their project? Every project does that; it's their marketing strategy. It's good that they are investing in marketing because, in the crypto world, the cycle moves really fast, and to keep up, you need to spend on marketing. Many projects, including some of your favorites right now, have paid influencers. It's like the death toll shown on your screen daily during the COVID-19 pandemic, which made you worry every day. But in reality, the death toll was almost the same before COVID-19; it was just shown to you daily. You never know how much #ADA paid influencers. Disliking the idea of paying for and buying inorganic distribution is misguided.
Long
by GoldenTrades_