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Polkadot / Tether

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DOTUSDT trade ideas

DOT - Rainy 24 Hours Ahead 🌧️ Bearish ScenarioCloudy and rainy trading conditions 🌧️ loom for the global crypto market in the next 24 hours, forecasting a bearish market with downside risk. Avalanche and Polkadot encounter extremely bearish conditions, hinting at an impending rebound. Over a one-week horizon, the ☁️ cloudy trading conditions persist. However, Bitcoin, Cardano, and Chainlink glimpse a bit of bullish ☀️, suggesting a potential slight rebound. Follow us for more crypto weather reports!
by ATTMO
DOTUSDT at weekly and monthly support confluenceThe price is trading at the confluence of weekly and monthly support. The upper side of this support range has already held the price twice in past and provided bounces. The first one was stronger than the second one. The second bounce slowly retraced and has come back into the support zone. I think this is the last line of a significant support at least for the pair on this chart. And I expect this support to hold and make the price reverse for significant move to the upside. The price still has the possibility to go a bit below and probably breach this support on intra weekly basis but it should not close below it. Overall, this one is looking good for the long side on high time frame but some smaller downside potential is still there and therefore slowly building a long position is desired and recommended.
Long
by angela_altair
1
Polkadot will shineBased on some fundamental reasoning and my vision of bottom I would like to put some charts which I believe in their projects , polkadot is one of them , this great project will shine next year , its down close to 93% in value which is a great off for a coin in top 15 and it always has been even in top 100 , i don’t believe the price will go lower than 3.5 so starting accumulating here would be a fine idea , i got 3 targets which i wont sell a single coin till the first one , you can see the yello lines as TP , patience and you’ll be ok soon fam , gn .
by mastershark
DOT Short-Term 1HI invite you to review the chart of DOT in pair with USDT, on a one-hour interval. First, we will use the yellow line to mark the local upward trend line from which the price came out on top. Going further, we can move on to marking support areas when we start a larger correction. And here we can see that the price remains in a strong support zone from $4.06 to $3.97, but when this zone is broken we may see a drop to the area of the second zone from $3.84 to $3.78. Looking the other way, it is worth starting by marking the important resistance zone from $4.17 to $4.22, and then before larger increases the price must overcome the resistance at $4.30. Please look at the CHOP index, which indicates that there is a lot of energy for the upcoming move, the STOCH indicator shows that there is room for the price to go a little higher, similarly on the RSI indicator, we are moving in the lower part, which may result in a rebound.
by cryptodailyuk
DOT 4h reviewIn my idea, Dot almost hit the bottom or much close to it. so if you look for the proper level for longer period trade or hold this is a golden time to start your buy or more accumulation. on the chart you can see key levels that price may react to them. between 3.2$ at worse case of drop and 4.2$ is the best level to catch up. however if you want less risk, you can wait for more confirmation of reversal trend. MACD on daily setup shows a decent bullish divergence. however price is moving below 200MA yet. so for more confirmation of uptrend we need to wait until price close above my baseline and MA200 both. in any case, we can expect new uptrend soon or later. let's see Enjoy the market
Long
by bestfarbit74
17
DOT/USDT 4H interval Review ChartHello everyone, let's take a look at the DOT to USDT chart on a 4-hour time frame. As you can see, the price has broken out of the downward trend line and is currently fighting with EMA Cross 200 to return to the strong upward trend. After unfolding the Trend Based Fib Extension grid, we have a visible support zone from $4.13 to $4.07, and then there is a strong zone from $4.03 to $3.98. Looking the other way, you can see that the price is fighting a strong resistance at $4.19, and when it overcomes it, it must pass a second resistance at $4.26 before further increases. Looking at the CHOP indicator, we see that most of the energy has been used, while the STOCH indicator and the RSI indicator indicate that the upper limit has been exceeded, which may slow down the current growth and provide a moment of relief.
by cryptodailyuk
2
DOT/USDT Rejected? Hey traders👋 After nice movement to lower zones we see a price of DOT to come back to 100 EMA where it got pretty much rejected! We are looking here for price to show further bearish movement so keeping eyes open here! If you like ideas provided by our team you can show us your support by liking and commenting. Yours Sincerely, Swallow Team Disclamer: We are not financial advisors. The content that we share on this website are for educational purposes and are our own personal opinions.
Short
by SwallowAcademy
4