Polkadot(DOT): Rejected From Bollinger BandsPolkadot has shown us a decent rejection near the middle line of Bollinger Bands, which has also given us a confirmation of strength near that zone (as the re-test was secured).
As soon as we get the candle to close below that line, we will be looking for a potential movement between 100 & 200 EMAs.
Swallow Team
DOTUSDT trade ideas
DOT/USDT | 1W 👀CRYPTOCAP:DOT is still in the accumulation stage.
Breaking the psychological mark of $10 will indicate the priority of further growth. And in fact, anything below this mark is considered the second stage of accumulation.
Accumulating and buying for the long term at prices below $10 is a perfectly good decision. The coin has not yet shown real growth. But I am confident that we will see good movement this year.
- Not financial advice, trade with caution.
✅ Stay updated on market news and developments that may influence the price of Polkadot. Positive or negative news can significantly impact the cryptocurrency's value.
✅ Exercise patience and discipline when executing your trading plan. Avoid making impulsive decisions driven by emotions, and adhere to your strategy even during periods of market volatility.
✅ Remember that trading always involves risk, and there are no guarantees of profit. Conduct thorough research, analyze market conditions, and be prepared for various scenarios. Trade only with funds you can afford to lose and avoid excessive risk-taking.
#Crypto #Polkadot #Investment #DOT
🟢 DOT Trade Plan: Breakout and Retest Strategy 📈🚀🎯 Entry Point:
Long spot trade at the break and retest of $10.00 resistance on a 4HR candle.
🎯 Take Profit Levels:
First target: $11.30 - $12.00
Second target: $16.00 - $17.00
🛑 Stop Loss:
Just below $9.50 to manage downside risk.
📊 Strategy Rationale:
Taking advantage of breakout momentum with a confirmation retest strategy.
Targets set at key resistance levels for potential profit-taking.
Tight stop loss to manage risk in case of a reversal.
📉📈 Note: Monitor price action closely for confirmation and adjust strategy accordingly. #DOT #TradingStrategy #Breakout 🟢📊
DOTUSDT - Opportunity to catch a 38% correctionDOT/USDT is at a Buying Zone: This suggests that according to your analysis, the current market conditions favor purchasing DOT with USDT. Buying zones are typically identified through technical analysis indicators such as support levels, trend lines, or chart patterns. It's essential to have a clear understanding of why you believe DOT/USDT is in a buying zone. This could involve factors such as a pullback from previous highs, consolidation after a rally, or bullish indicators on technical charts.
The Premium Buying Zone is at 8.4 to 8.9: This indicates a specific price range within the buying zone where you believe there is a premium buying opportunity. The premium buying zone could be based on factors such as historical price levels, psychological levels, or significant order blocks. Identifying such zones helps traders focus their buying efforts and potentially capitalize on favorable entry points.
Polkadot(DOT): Small Correction + Re-Test?Polkadot has had a nice breakout (where it almost formed Cup&Handle pattern movement) but yet had an early breakout.
We are looking here for a re-test to happen, which should be natural, and yet we want to see a failure of that re-test as well. With that being said, we are looking for a potential opportunity to short!
Swallow Team
It is EASY to make money.Hi,
With the recent plunge in Bitcoin and altcoins, many of you may have been worried, and some of you may already be celebrating the recent rebound.
However, do not let your emotions take control over your trading account.
Market sentiment is a reflection of the individual psychology of each of us.
And as history has shown, those who hold on win. Hold on to your FOMO, hold on to your FEAR.
Below is a chart of SOL, which shows a huge move higher this cycle, AVAX, which is chasing it, DOGE, which has now broken above its consolidation zone, and FIL, which is still not out of the consolidation zone.
You can also find many examples of these asset cycles in the stock market. Here are some ideas. 🍀☢️
Conquer your FEAR and FOMO, and you WILL earn money.
1PERCENT
Cryptolean Polkadot DOT UpdatePolkadot is consolidating in the daily range zone between $8.34 and $9.38 where we continue to see a rangebound price action.
A bullish move from the current price location and a break-out of $9.38-$9.79 will send DOT price higher towards $10.30-$10.74 and higher.
A bearish break-out of $8.34, the key daily support, will push Polkadot price towards $7.46.
POLKADOT to 23$Possible drop around 5.7
Polkadot is an open-source sharded multichain protocol that connects and secures a network of specialized blockchains, facilitating cross-chain transfer of any data or asset types, not just tokens, thereby allowing blockchains to be interoperable with each other. Polkadot was designed to provide a foundation for a decentralized internet of blockchains, also known as Web3.
not a financial advice
DYOR
📈Weekend DOT Dive: Riding the Volatility Wave💎🔍As it's Friday, with just one day left in the trading week, it's crucial to consider closing positions before the week's end to mitigate weekend volatility.Today's focus is on DOT, exhibiting a clear Dow Theory analysis. Currently, it finds support at $8.712, with a significant resistance level at $10.349, aligned with the POC of the fixed range volume profile.
📈Given the bullish daily and weekly trends, we can explore long-risk triggers. The current ceiling stands at $9.483, and a breakout could signal a long entry.
📉For short positions, we look to the Dow Theory's recent low at $8.712, aligning with its descending trend.
📊While volume is declining, this can be attributed to the overall corrective nature of recent declines on the weekly timeframe, suggesting the potential for an upward reversal at any moment.
🧠💼It's important to acknowledge the inherent risks in futures trading, with the potential for margin calls if risk management is neglected. Always adhere to strict capital management principles and utilize stop-loss orders, ensuring that the initial target offers a risk-to-reward ratio of 2
DOT approached the first shopping zoneOn the chart of DOT in pair with USDT, we can observe a second correction close to around 30%, what is more, we can see here how the price is approaching a strong upward trend line. This would indicate green zone number 1 as a potential entry into long positions, while the next zone marked in green may be the second purchasing zone to increase the position and average the price.
Sales zones identified by red color on the chart.
🚧DOTUSDT is Bullish now🚧 & many Traders don't see it 👀!!!Hi.
BINANCE:DOTUSDT
😊Today, I want to analyze DOT for you in a 1D time frame so that we can have a Mid-term view of DOT regarding the technical analysis. (Please ✌️respectfully✌️share if you have a different opinion from me or other analysts).
As you can see, the price is in an ascending channel. Also, the price has created a hidden divergence, which is a good sign for the price to rise.
✅ Due to the Ascending structure of the chart...
- High potential areas are clear in the chart.
-Hidden bullish Divergence
Stay awesome my friends.
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✅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!!
DOT POLKADOT Technical Analysis and Trade IdeaDOT Polkadot 's recent bullish run has given way to a retracement, offering potential short entry opportunities. Price is approaching a key higher-timeframe support level however, so proceed cautiously and prioritize risk management. Further downside is possible. This analysis is for educational purposes only, not financial advice.