DOTUSDT trade ideas
Now it's time for him to take the stage, that will sooWhen you followed the movements of Sol and Avax, you saw that the major coins were included in the pricing with BTC to a lesser extent. DOT, one of the heroes of the previous bull, seems to be insensitive to this rise for now. However, the conditions for it to ignite have been created and it is about to start a show.
TP= 9.71
TP= 13.34
targets are valid! Let the show begin.
DOT Growth Spurt: Buy Your Ticket to Profit!"Sure, here is a short fundamental analysis of DOT, along with some recent news and a disclaimer:
**Fundamental Analysis**
Polkadot (DOT) is a cryptocurrency that aims to connect different blockchains. It is a sharded network, which means that it can process transactions more efficiently than other blockchains. DOT is also a governance token, which means that holders of DOT have a say in how the network is run.
**Recent News**
* Polkadot has been experiencing strong growth in recent months. The price of DOT has increased by more than 100% since the beginning of 2023.
* Polkadot has been adding new partners and projects. The network is now being used by a variety of companies and organizations, including Acala, Parity Technologies, and Chainlink.
* Polkadot has been featured in a number of positive articles. The network has been praised for its potential to revolutionize the way that blockchains interact with each other.
**Disclaimer**
Please note that I am not a financial advisor. This information is not intended to be investment advice. You should always do your own research before investing in any cryptocurrency.
Review and analysis on the daily dot usdt time frameIn checking the daily time chart, we notice a change in the structure with strong momentum. which has started a strong upward movement after breaking the daily trend line and forming compression after breaking the trend line. The trend has been so strong that after the beginning, there have been many price discrepancies, which increase the credibility of our demand area. On the other hand, if the price wants to break the flag limit formed upwards, it must first break the fake liquidity level and reach the mpl kink, and by settling sellers' transactions and fielding the flag limit, it must reach the demand level and from there to Move up.
dot Intelligent AssetIntraday we got a topping tail if it closes like this.
consolidation with resistance in the upper limit of the channel.
Bullish scenario
broke out of the high at 8.9
May lead to resistance at 9.6
next resistance at 9.9 area 800 ema
Bearish scenario
Support at 7.86 if it breaks
next support at 7.5, 13 ema
Next support in 7
Area to DCA at 6.27
This is in resistance (DOT)❤️❤️Thanks for boosting 🚀 and supporting us!
📈we are in big renge in daily and sell in ressistance.
📊 (sell) : 7.313
🔴 Stop Loss : 7.960
🎯 Take Profit : 6.558 - 5.968
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👨🎓 Experience and Education: Our trading team has five years of experience in financial markets, especially cryptocurrencies.
DOTUSDTDOTUSDT
The coin has every chance of good growth. Following Bitcoin's momentum, we pulled back from the red support and began moving higher. For more global impulses, we need to break through the green resistance line and gain a foothold above it.
If this happens, we will consider the following goals:
1 - 5.98
2 - 6.76
3 - 8.53
4 - 10.42
But don't forget, the higher the goal, the more dangerous it is. Don’t be greedy and fix parts of your profits on time, so that a sharp drop doesn’t eat up your entire profit.
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It's polkadot - And it works!Intended to publish this some time ago but it got hidden due to my mistake to publish it on DE-TV.
The rest remains
Elliot wave patterns emerging on 4h - 1D - 1W
(D-)PoS is working like a charm the Big Platform based Chains are Obviously ETH-v2 now, ATOM as the younger framework and had PoS the start. Polkadot is most certainly being as innovative as the other two Indices.
TOTAL market cap Excluding BTC looks like this.
DOT LOOKS READY FOR NEW LEVELThank you for reading this update.
Depending on our study we see that DOT has a good chance of volume increase.
This updates depending on day trade, And the market should confirm with time the right market way.
#Nottradingadvice
#For Day traders take always profits when the market increase
#Expect nothing from the markets, but follow what it shows.
DOT Triangle countIf you find this information inspiring/helpful, please consider a boost and follow! Any questions or comments, please leave a comment! Also, check out the links in my signature to get to know me better!
#DOT update.
Looking more and more like a triangle.
No tunnel vision, though.
From here, would like to see a bit more ups before a pivot is put in.
Cheers!