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DOTUSDT trade ideas

I Cannot Short This !!! situation+next targets.Hi. COINEX:DOTUSDT 😊Today, I want to analyze DOT for you in a 12h time frame so that we can have a short-term view of DOT regarding the technical analysis. (Please ✌️ respectfully ✌️share if you have a different opinion from me or other analysts). ➡️Price bounced back from support and is now breakout from the descending trendline, If breakout the ma 100 happens, it could signal further upside. ✅ Due to the Ascending structure of the chart... - High potential areas are clear in the chart. -Falling Wedge Stay awesome my friends. _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ ✅Thank you, and for more ideas, hit ❤️Like❤️ and 🌟Follow🌟! ⚠️Things can change... The markets are always changing and even with all these signals, the market changes tend to be strong and fast!!
Long
by CobraVanguard
3
DOT cycle analysis: VERY BULLISHThe chart in the middle is the market cap of all altcoins minus stablecoins divided by BTC's market cap. as you can see during the last bullrun we had a decline of this value while the price was rising slowly while bitcoin's price was rallying, and as soon as btc started reaching its top then DOT rallied massively. Today's situation is extremely similar to that. I would suggest to get your positions ready for a big jump as soon as btc stops rallying as it has been doing in the past month. I think we will see some consolidation above the 10 dollars resistance and then a big rally to about 20 dollars. Good luck and have fun!
Long
by icehax
2
DOTs awakeningLooking at the history of this chart I can say with confidence that this is one of the worst charts I have ever seen. How the whales pumped and surpressed this coin to the ground is just mind-boggling. Technically Polkadot was in a bear market forever. Till now. It's actually about to break one of the hardest resistances since 1,5 years. After that it will create the right shoulder of a bigger inverse head & shoulder on higher timeframes and retest the massive key resistance range of 40-55$, break it and fly to new highs, expecting to fill the gap since birth and reach the final target of 200-380$ in wave 3.
Long
by PizzaDriver
3
DOT/USDT 1HInterval ChartHello everyone, let's take a look at the DOT to USDT chart on a one hour time frame. As you can see, the price quickly came back and remains on the upward trend line again. Let's start by determining the support line and as you can see, the first support in the near future is $9.30, but you can see how the dynamic movement quickly brought the price down to the support zone from $8.25 to $7.69. Looking the other way, you can see how the price is currently fighting in a strong resistance zone from $9.91 to $10.38, which was not successfully maintained earlier, but if we now come out on top and the price stays above the zone, we can see an increase towards the resistance. at $11.71. Looking at the RSI indicator, you can see a local upward trend line, above which there is still room for growth, while the STOCH indicator is again moving near the upper limit, which may result in another attempt at recovery.
by cryptodailyuk
DOT is slowly waking up!Polkadot (DOT) is widely recognized as one of the leading projects in the cryptocurrency space. In my opinion, it has significant potential for growth in the midterm, and I have identified specific price targets that I believe are achievable. However, it's important to note that these are personal opinions and projections, and should not be construed as financial or investment advice. Investors should conduct their own research and consult with a qualified financial advisor before making any investment decisions.
Long
by Gurman01
✴️ Polkadot 6X SHORT (280% Potential)For Polkadot we will focus solely on chart signals. Notice a strong higher high in March compared to December. The March candle has really high volume but red. This is matched by the RSI producing a very strong lower high (bearish divergence). The bearish signal is a combination of a very strong negative session, a bearish divergence with the RSI, high bear volume coupled with marketwide bearish action. All those combined result in a very strong signal. ____ SHORT DOTUSDT Leverage: 6X Buy-in: $9.88 - $9 Targets: 1) $8.30 2) $7.95 3) $7.20 4) $6.40 5) $5.55 6) $4.95 Stop-loss: Close daily above $10.2 Potential profits: 278% Capital allocation: 3% ____ Will it go down or will the price recover? Hard to tell, market conditions can always change. We can have these bearish signals but everything can change in a flash. ➖ One needs to be able to adapt in the case this happens. Will all the targets hit? Hard to tell, some targets can hit and then a reversal happens. ➖ One needs to be able to adapt and have a strategy to take profits, secure your trade. Leveraged trading is recommend for experienced traders only because of the high risk. If you choose to use this information, you do so at your own risk. Nothing that I share is financial advice. Everything I share is my opinion only and intended for educational purposes, learning and entertainment. I hope you find this information useful —this post timely. Thank you for reading. Namaste.
Short
by MasterAnanda
8