DOTUST trade ideas
DOT upside from W bottomPros, Alt coin season is in full swing.
HVF pattern forming on second touch of W shoulder means higher chance of break upwards. Third visit would be even more bullish.
Cons, possible weekly consolidation coming soon. Could see a rejection and weekly consolidation for up to a month.
DOT/USDT 1H chart Hello everyone, let's look at the 1H DOT to USDT chart, in this situation we can see how the price is moving in a sideways trend channel, creating lower and lower highs.
Let's start by setting goals for the near future, which include:
T1 - $10.83
T2 - $11.35
T3 - $12.19
AND
T4 - $13.52
Now let's move on to the stop-loss in case the market continues to decline:
SL1 = $10.48
SL2 = $10
SL3 = $9.53 AND
SL4 = $8.8
Potential Sell Trade on DOTUSDT Pairwe have strong BEARISH bias on 15 minute chart not only for DOTUSDT pair but overall Crypto Market, and price should retouch the support before rejecting to continue overall Bullish Market on Higher Timeframes.
for those who missed the opportunity on 5th of December may have this trade setup work well as an intraday trade.
Entry Price 10.509
Target 9.947
Stop 10.651
Previous Resistance Zones 10.628, so our stop is just over this zone
and we are looking for the S2 as our potential target based on 15minute Pivot zones.
Why I am bullish on DOT?
Several companies have applied for a Polkadot (DOT) ETF with the U.S. Securities and Exchange Commission (SEC). The most notable applicants include:
Valkyrie Investments
21Shares
Bitwise Asset Management
However, as of now, the SEC has not approved any cryptocurrency ETFs for Polkadot. The ETF approval process for cryptocurrencies remains challenging, with the SEC typically being cautious about approving such financial products.
The landscape for crypto ETFs has been evolving, with recent approvals for Bitcoin and Ethereum ETFs in early 2024 potentially paving the way for other cryptocurrency ETF applications. But each application is scrutinized individually, and approval is not guaranteed.
Why I am bullish on DOT?
Several companies have applied for a Polkadot (DOT) ETF with the U.S. Securities and Exchange Commission (SEC). The most notable applicants include:
Valkyrie Investments
21Shares
Bitwise Asset Management
However, as of now, the SEC has not approved any cryptocurrency ETFs for Polkadot. The ETF approval process for cryptocurrencies remains challenging, with the SEC typically being cautious about approving such financial products.
The landscape for crypto ETFs has been evolving, with recent approvals for Bitcoin and Ethereum ETFs in early 2024 potentially paving the way for other cryptocurrency ETF applications. But each application is scrutinized individually, and approval is not guaranteed.
DOT _ Have more firepower? Can it overpower to $50?DOT DOT , Whose there? Me!
IDeally would time pass with small qt on stake to short till the tpo with very low qt but would rather wait for the white line.
Just make or break! Buy only if breaks 11.400 as it is already f'd up alot, Shorters are welcome for buyers to enter. if goes high planning to hold till 13.5 and for me technically would wait till 9 for a re entry!
Polkadot broke 2.5 years high, Mid term target 48Sharing the same team as ETH, a blockchain network of networks designed to challenge assumptions, next Web3 evolving tools.
Polkadot now broke 2.5 years high, and with Altcoin season just begun, I also just brought some as 10 dollar, the neckline. Mid-term target $48.
DOTUSDT LONG TRADE PLAN.DOTUSDT did break through previous bearish order block and now its acting as breaker order block and giving us oppertunity to build long position here in breaker block area and DCA area also marked. Most importantly breaker block is below the SSL. When price will come down to grab that liquidity then we will open Long.
Let's get higher this week POLKADOTPolkadot: Rising from the Ashes
BINANCE:DOTUSDT
Polkadot appears to be breaking free from its prolonged downturn. Comparing to Cardano, its about time to reach the fibonacci 1.62 and the buyside liquidity. The charts suggest strong bullish potential, but it’s crucial to stay grounded—corrections are part of the game. In my view, a significant pullback may happen when geopolitical events, such as TRUMP's potential return to the White House, create waves across the markets.
For now, the focus should be on crypto over the coming weeks. Avoid over-leveraging or taking excessive risks. Remember, the market will always present opportunities—it's often your mind that gets in the way. Discipline is key: master your fears by following your trading plan without compromise.
Success isn’t about how much you make in one trade; it’s about consistently executing a solid plan. Over time, this approach allows you to grow your capital as if you’re your own bank. Stay committed, keep learning, and protect your mental clarity by managing risk wisely.
I currently have an active trade on Polkadot and am holding steady.
Let’s see how this plays out!