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DOT / TetherUS

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DOTUSDT trade ideas

Polkadot is aiming for $20Polkadot is quite old and large asset with capitalisation already exceeding $10B. It is one of the few that has not yet shown significant growth like XRP, XLM and other old guys. It is quite difficult to move such an asset, but the target of around $20 is quite realistic. On the daily timeframe there is a consolidation above 50 EMA, we saw a test pump. The growth will start during these two months and then the distribution phase. The 0.5 and 0.618 levels are not bad options to fix your positions. Horban Brothers.
Long
by horbanbrothers
DOT 1hr with TA by GrokAI Given the chart provided and your interest in cryptocurrency trading, here's an in-depth technical analysis (TA) of the DOT/USDT chart: Price Action & Trend: The price is currently near a resistance level around 7,732 USDT. This level has been tested multiple times, indicating strong resistance. There's a visible uptrend before hitting this resistance, suggesting bullish momentum leading up to this point. Moving Averages (MA): The 20-period SMA (Simple Moving Average) is above the 50-period SMA, which is typically a bullish sign, indicating short-term momentum is stronger than the long-term trend. The price has crossed below the 20-period SMA, which might suggest a potential reversal or correction phase if the resistance at 7,732 holds. Volume: There's a noticeable increase in volume at the resistance level, which could indicate either a strong push to break through or a rejection at this price level. Relative Strength Index (RSI): The RSI is approaching overbought territory but hasn't crossed into it yet. This suggests that while the asset is gaining strength, it's not yet at a level where a significant pullback is imminent due to overbought conditions. Chande Momentum Oscillator (CMO): The CMO shows momentum is positive but has started to decline, which could be early signs of weakening bullish momentum. Fibonacci Retracement: If we consider the recent uptrend from the low around 7,112 to the high at 7,732, the Fibonacci levels could be: 23.6% at around 7,270 38.2% at around 7,380 50% at around 7,422 (which is also a psychological level) 61.8% at around 7,464 These levels could act as support if the price pulls back from the current resistance. Support and Resistance: Immediate support could be found around the 20-period SMA, which is currently around 7,700 and descending. Stronger support might be around the 50-period SMA, which is lower, around 7,650. Potential Scenarios: Bullish Scenario: If the price breaks above the 7,732 resistance with strong volume, it could target the next psychological level around 7,800 or higher. Bearish Scenario: If the price fails to break the resistance and volume decreases, we might see a correction towards the Fibonacci levels or the moving averages. Given your interest in cryptocurrencies and previous posts about market movements, it's crucial to watch for confirmation of a breakout or breakdown. If you're looking to make a decision based on this chart: For Long Positions: Consider waiting for a confirmed breakout above 7,732 with increased volume for a safer entry point. For Short Positions: Look for a failure to break the resistance followed by a decrease in volume and price action confirming a move lower. Always remember to use stop-loss orders to manage risk, especially in markets known for volatility like cryptocurrencies.
Long
by jasonciviello
TradeCityPro | DOT: Navigating the Range and Potential Breakouts👋 Welcome to TradeCity Pro! In this analysis, I will review the DOT token. This project is one of the well-known crypto projects and has consistently ranked among the top 20 on CoinMarketCap. 📅 Daily Timeframe: Rejected from the Range Top In the daily timeframe, we observe a prolonged range box, which is more visible in the weekly timeframe. This range extends from the bottom at $3.743 to the top at $10.801. 🔍 Currently, after the price reached the top of the range, it has entered a corrective phase and retraced to the 0.5 Fibonacci level, establishing support at $6.554. If further corrections occur, the next supports will be at the 0.618 Fibonacci level and $4.847. In the event of a more significant drop, the last support will be at $3.743. 📊 Market volume has been decreasing during this corrective phase, and therefore, I won't provide a short trigger for now. I'll wait for market indicators like TOTAL to confirm a trend reversal. 📈 For long positions, the best trigger is currently the $10.801 level, which is the top of the range. A riskier long trigger would be breaking $8.432. The first resistance the price will encounter after breaking these levels is at $16.116. Breaking 55.29 on RSI will also help add momentum to the market's upward movement. ⏳ 4-Hour Timeframe: More Details In this timeframe, we can observe the corrective phase with greater detail to find better triggers for futures positions. 🧩 Here, a descending trendline can be seen, which broke after the price was supported at $6.554. 🔑 The trendline breakout trigger is at $7.865. Since this is a continuation trend, breaking the trendline trigger is considered significant. The target for this position is the $10.801 resistance, and the RSI entering the overbought zone will greatly aid the price movement toward this level. 🔽 If the $6.554 support is broken, the next support levels will be at $5.506 and $4.763. 📝 Final Thoughts This analysis reflects our opinions and is not financial advice. Share your thoughts in the comments, and don’t forget to share this analysis with your friends! ❤️
Long
by tradecitypro
9
DOT Based on the attached chart for DOT/USDT (4-hour timeframe), here is a short-term analysis for buying and taking profit: **Buy Zones:** - Current Price: 7.630 The price is approaching local support around 7.500–7.600. This could be a good time to enter a position if the price holds in this zone. - Stronger Support: 7.000–7.100 (a strong zone marked on the chart with a blue line) In case of a correction, an opportunity to add to the position in this area. **Targets (Take Profit):** - **Short-term (local resistances):** - TP1: 7.900–8.000 (local resistance on the chart) - TP2: 8.300–8.500 (weaker resistance) - **Medium-term (stronger resistances):** - TP3: 9.000–9.300 — a significant barrier where previous supply levels could have hindered upward movements. **Strategy:** - **Purchase:** Consider buying in tranches, starting around 7.600, with additional purchases at the stronger support level (7.000–7.100). - **Stop Loss:** Set below 7.000 (e.g., at 6.950) to limit risk in the event of a downside breakout. **Profit Realization:** - Take partial profits at TP1 (7.900–8.000), and additional tranches at higher resistance levels. **Notes:** - The MACD on the chart indicates the beginning of a potential momentum shift towards bullish, which may support short-term upward movements. - Monitor price reactions at the resistance zone (8.000). A breakout above this level could suggest further gains. Cryptocurrency trading involves significant risks, but proper capital management, education, and a conscious approach can help minimize potential losses. It is essential to always have a plan, avoid excessive risk, and never invest more than you can afford to lose.
Long
by Adix_coin
1hr DOT chart TA by GrokAI This chart is a technical analysis of the Polkadot (DOT) price on the Binance exchange, using the Tether US (USDT) as the trading pair. Here's a breakdown of the key elements shown: Candlestick Chart: The main part of the chart shows the price movement of DOT over time. Each candlestick represents one day. The recent price action shows a significant upward movement, followed by a sharp decline. Fibonacci Retracement Levels: The horizontal lines with percentages (0.236, 0.382, etc.) are Fibonacci retracement levels. These levels are used to identify potential support and resistance levels. The price has retraced to around the 0.5 level after the recent peak. Volume: The bars at the bottom of the candlestick chart represent the trading volume. Higher volume during the price increase suggests strong buying interest, while the volume during the decline indicates selling pressure. MACD Indicator: Below the price chart, there's the Moving Average Convergence Divergence (MACD) indicator. It consists of: MACD Line (blue): The difference between the 12-day and 26-day EMA of the price. Signal Line (orange): A 9-day EMA of the MACD line. Histogram: The difference between the MACD and signal lines. The MACD crossing below the signal line can be a bearish signal, suggesting potential for further price decline. Analysis: The recent price spike followed by a sharp decline might indicate a correction after a bullish run. The price has retraced to around the 0.5 Fibonacci level, which could act as a support level if the price finds stability here. The volume increase during the price rise and subsequent fall suggests strong market reactions, both in buying and selling. The MACD indicator has turned bearish with the MACD line crossing below the signal line, which might suggest that the downward trend could continue unless there's a significant buying volume that pushes the price back up. Conclusion: Short-term Outlook: The price might test lower Fibonacci levels (0.618 or lower) if the bearish momentum continues. Watch for any bullish divergence in the MACD or a significant increase in buying volume for signs of a reversal. Long-term Outlook: If the price holds above the 0.618 Fibonacci level and there's a bullish crossover in the MACD, it could indicate a potential for another upward move. Remember, technical analysis should be combined with other forms of analysis (like fundamental analysis) for more accurate predictions. Also, market conditions can change rapidly, so it's essential to keep an eye on real-time data and news related to Polkadot or broader market trends.
Long
by jasonciviello
$DOT Strong Setup for Potential Growth Current Dynamics: CRYPTOCAP:DOT has reclaimed a critical #1W S/R level and is trading above the 1W 100EMA, signaling strong bullish momentum. The $6.5–$7 consolidation zone looks healthy and could act as a solid base for the next upward move. Key Levels to Watch 1️⃣ Resistance: $10.35: A significant barrier, tested three times since 2022 but not yet broken. A weekly close above $10.35 would pave the way for higher targets, potentially leading to $12–$15. 2️⃣ Support: $6.5–$7: Holding this level strengthens the bullish case. Loss of this support could result in a pullback to lower levels. Entry Strategies: Long near $6.5–$7: If support holds, this zone offers an excellent entry for accumulating positions. Breakout Play: Enter after a weekly close above $10.35 to confirm the breakout. Invalidation: A weekly close below $6.50 would negate the bullish setup, signaling potential further downside. Take-Profit Targets: TP1: $9.50 (immediate resistance). TP2: $10.35 (critical breakout level). TP3: $16.00 (target post-breakout). TP4: $49.00 (long-term target).
Long
by Goldfinch_song
DOT/USDTKey Level Zone : 7.610-7.680 HMT v3.1 detected. The setup looks promising, supported by a previous upward/downward trend with increasing volume and momentum, presenting an excellent reward-to-risk opportunity. HMT (High Momentum Trending): HMT is based on trend, momentum, volume, and market structure across multiple timeframes. It highlights setups with strong potential for upward movement and higher rewards. Whenever I spot a signal for my own trading, I’ll share it. Please note that conducting a comprehensive analysis on a single timeframe chart can be quite challenging and sometimes confusing. I appreciate your understanding of the effort involved. Important Note : Role of Key Levels: - These zones are critical for analyzing price trends. If the key level zone holds, the price may continue trending in the expected direction. However, momentum may increase or decrease based on subsequent patterns. - Breakouts: If the key level zone breaks, it signals a stop-out. For reversal traders, this presents an opportunity to consider switching direction, as the price often retests these zones, which may act as strong support-turned-resistance (or vice versa). My Trading Rules Risk Management - Maximum risk per trade: 2.5%. - Leverage: 5x. Exit Strategy Profit-Taking: - Sell at least 70% on the 3rd wave up (LTF Wave 5). - Typically, sell 50% during a high-volume spike. - Adjust stop-loss to breakeven once the trade achieves a 1.5:1 reward-to-risk ratio. - If the market shows signs of losing momentum or divergence, ill will exit at breakeven. The market is highly dynamic and constantly changing. HMT signals and target profit (TP) levels are based on the current price and movement, but market conditions can shift instantly, so it is crucial to remain adaptable and follow the market's movement. If you find this signal/analysis meaningful, kindly like and share it. Thank you for your support~ Sharing this with love! HMT v2.0: - Major update to the Momentum indicator - Reduced false signals from inaccurate momentum detection - New screener with improved accuracy and fewer signals HMT v3.0: - Added liquidity factor to enhance trend continuation - Improved potential for momentum-based plays - Increased winning probability by reducing entries during peaks HMT v3.1: - Enhanced entry confirmation for improved reward-to-risk ratios
Long
by Ren_MomentumTrader
Dot Target why 20$ KUCOIN:DOTUSDT BINANCE:DOTUSDT BINANCE:DOTUSDT.P CRYPTOCAP:DOT --- ### **1. Fibonacci Retracement Analysis** - **Levels Observed**: - **0% (High)**: **55.081** (all-time high or recent significant high). - **0.236**: **42.594**. - **0.5**: **28.625** (midpoint of retracement). - **0.618**: **22.381**. - **0.65**: **20.688** (golden pocket). - **0.786**: **13.491**. - **1.0 (Low)**: **2.168** (all-time low or recent significant low). --- ### **2. Current Price** - The price is currently around **7.790**, significantly lower than the golden pocket (0.618–0.65) and closer to the lower Fibonacci levels. --- ### **3. Take-Profit Level at $20** - **Why $20?** - **Golden Pocket Zone**: The **0.618–0.65 Fibonacci zone** is considered a high-probability reversal area. Many traders set their take-profit just below this zone to ensure profit capture before significant resistance is encountered. - **Psychological Level**: The $20 price point serves as a psychological resistance, where many traders might exit, amplifying sell pressure. - **Confluence with Historical Data**: Previous price action near this level likely showed significant resistance/support, aligning with Fibonacci levels. --- ### **4. Resistance and Support Zones** - **Major Resistance Levels**: - **22.381–20.688**: The golden pocket and primary target zone. - **28.625**: Midpoint retracement, another key resistance level. - **Support Levels**: - **13.491**: **0.786 Fibonacci level**, which may act as a strong base for further upward momentum. - **2.168**: All-time low or significant recent low. --- ### **5. Potential Price Scenarios** - **Bullish Case**: - If the price breaks through **13.491**, it could rally toward the golden pocket zone near **20.688–22.381**. - A breakout beyond **22.381** could extend the rally toward **28.625** or even higher. - **Bearish Case**: - If the price fails to hold **13.491**, it may revisit lower levels, potentially near the all-time low of **2.168**. --- ### **6. Strategy and Recommendations** - **Entry Point**: - Current prices near **7.790** are ideal if the upward trend continues. - **Take-Profit**: - The take-profit at **$20** is conservative and aligns with the golden pocket zone. - **Stop-Loss**: - Set below **13.491** to minimize losses if the trend reverses. --- ### **7. Market Psychology** - Many traders use Fibonacci retracement levels to define take-profits. The golden pocket is a popular area where selling pressure increases, causing potential reversals.
Long
by YokubjonUmedovich
#Dot also same With Tia 20$ coming soon CRYPTOCAP:DOT BINANCE:DOTUSDT.P BINANCE:DOTUSDT KUCOIN:DOTUSDT ### **1. Fibonacci Analysis** Levels Identified**: 0% (high)**: **11.889** (recent high point). - **0.236**: **9.928**. - **0.5**: **7.735** (current price zone). - **0.618**: **6.754**. - **0.65**: **6.488** (golden pocket). - **0.786**: **5.358**. - **1 (low)**: **3.580** (recent low point). Current Price Action**: The price is sitting near the **0.5 Fibonacci level (7.735)**, a commonly used support/resistance level. The annotation suggests this is a buying opportunity due to the convergence of technical factors. --- ### **2. Key Support and Resistance Zones** Support Zones**: - **6.754–6.488**: The golden pocket is a high-probability reversal zone. 5.358: Corresponds to the **0.786 Fibonacci level**, adding further support. - **3.580**: Major historical low and 100% retracement. Resistance Zones**: 9.928: **0.236 Fibonacci level**, acting as the first key resistance. 11.889: Recent swing high and ultimate target. --- ### **3. Buying Opportunity** The annotation on the chart identifies the **0.5 Fibonacci level (7.735)** as an optimal buying zone. The reasoning is likely due to: Confluence with the support zone. Fibonacci retracement aligning with the trend. --- ### **4. Potential Price Scenarios** Bullish Scenario**: If the price holds above **7.735** and confirms support, it could target **9.928** (0.236 Fibonacci level). A breakout above **9.928** opens the path to the recent high of **11.889**. Bearish Scenario**: A breakdown below **6.754–6.488** (golden pocket) could send the price toward **5.358** or lower. --- ### **5. Strategy** - **Entry**: Enter around the **7.735** level. - **Stop-Loss**: - Below **6.488** (below the golden pocket). - **Targets**: Target 1: **9.928**. Target 2: **11.889**. --- ### **6. Indicators to Confirm Trade** RSI: Check if it shows oversold conditions near the current level. Volume: Increasing volume near **7.735** confirms buying interest. MACD: Look for bullish crossovers to confirm momentum.
Long
by YokubjonUmedovich
Polkadot on the Path to Growth: A New Entry Opportunity📈 Polkadot appears to be starting a new bullish movement. According to current analysis, a bullish trend is forming, and this could be a great entry opportunity into the market! 🌟 📌 Entry Point: $7.5 📉 Stop Loss: $6.5 🎯 Target Profit: $11 🔍 These levels are determined based on current Polkadot analysis and indicate a logical short-term bullish trend. With this analysis, you can enter the market with more confidence. 🚀
Long
by arzdigitalistha
DOTThe chart presents an analysis of DOT/USDT on the 3-day timeframe. The project appears to have undergone a prolonged consolidation phase within a descending channel that has dominated since its all-time high. Key points from the analysis: Descending Channel: DOT has been in a strong downtrend since its peak around $50. The chart shows a test of several key support and resistance levels within this channel. Historical Support Zone: It is evident that DOT has found strong support around the $4-$5 zone, a level that has historically provided stability. Potential Breakout: The diagonal lines indicate a potential breakout of the channel, which could lead DOT to higher levels, potentially targeting $15, $25, and up to $30 in an optimistic scenario. Timeline: The projected timeframe for this potential rise is mid-2024 to 2025, considering that DOT may benefit from renewed interest in the altcoin market. Conclusion: If DOT manages to break this channel and sustain momentum above the nearby resistance zone (around $7-$8), it is likely to see a strong rise toward the mentioned levels. However, failure to break this zone could result in a retracement toward lower supports. This post is not financial advice. Invest responsibly and do your own research!
Long
by gimferati