Bottom is in for DOT I am pretty sure the bottom is in for DOT. Look at the nice pattern it made and look at the beautiful divergence it is making. Boom boom!
DOTUST trade ideas
DOT - Price hit accumulation zone #DOT/USDT #Analysis
Description
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+ DOT price has hit accumulation zone and currently trading inside the accumulation zone.
+ Price is expect to trade in this range for upcoming weeks.
+ A clear breakout from this accumulation zone is essential for the trend reversal.
+ A breakout from the accumulation zone will push the price higher eventually result in a bullish trend.
+ Let's wait for the breakout before entering the trade.
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Enhance, Trade, Grow
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DOT Technical Analysis in a Weekly TimeframeHello everyone, I’m Cryptorphic.
For the past seven years, I’ve been sharing insightful charts and analysis.
Follow me for:
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Now, let’s dive into this chart analysis:
DOT is under a symmetrical triangle pattern and within the accumulation range. Recently, the price reached the lower support of $3.590 and bounced back strongly.
In the long run, DOT looks bullish, and we are likely to see a decent rally once it breaks out above the resistance trendline.
Key levels:
- Accumulation/Support: $3.590 to CMP.
- Primary Resistance: $6.5.
- Long-term Target: 10x-15x gain.
- Invalidation: A weekly close below the $3.590 support level.
DYOR. NFA.
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Thank you!
Polkadot Pre-2025 Bull-Market Accumulation Zone & Strategy 101Hello my dear friend, how are you feeling today?
➖ The market moves in cycles and each cycle is composed of waves.
➖ After a bearish cycle we have a bullish cycle.
➖ Within each cycle we have bullish and bearish waves.
➖ We can see on the chart that the better part of 2024 has been a major correction. After this correction, we will experience consolidation followed by a major bull-market.
Strategy | Cryptocurrency Trading 101 with Alan Santana
👉 Polkadot has the potential to hit a price of $145 in 2025. We can calculate a range of $125 - $150 to be safe. Knowing this, we can work now on developing our strategy.
The main mistake traders and aspiring traders make consist in either selling too early or holding losers for too long.
Since the correction is reaching its end, we don't have to worry about the "holding losers for too long" part anymore and can focus instead on "selling too early."
We tend to sell too early because we either don't have a plan or just don't know the potential of the pair/project we are holding.
Here, I am sharing with you my plan and also revealing the growth potential.
👉 The strategy is very simple: Buy and hold.
I can buy everything and as much as I can/want below $5, forever and a bit more and hold long-term expecting higher prices. (It is possible also to continue buying once the pair/project starts to grow.)
➖ No leverage, no margin, no risk.
Buy and hold.
That is as simple as it can get.
This is my strategy. You can follow it if you like.
It has been time tested and so far produces amazing results.
Thank you for reading.
Thanks a lot for your continued support.
I am wishing for you tons of profits and success now and in the years to come.
Namaste.
__
Polkadot | DOTUSDT (Current price $4.55)
Polkadot (DOT): Possible Zones of RejectionsPolkadot has made a nice toucch to support zone during that market sell we had earlier this week.
As of now, we are looking for some further movement to the upper resistance zone, where we want to see a good rejection back to the support zone!
Swallow Team
DOTUSDT - who is bullish on crypto?Disclaimer: I don't have a fundamental basis to actually believe in this scenario, but what I see on the chart I see on the chart.
With that out of the way, the shown scenario of an impulse followed by a rather big flat correction, which might be done now, would be extremely bullish, since it would suggest new all time highs (that would be a 13x from here at minimum).
Never only consider one way though, even without changing too much of the count, a not so nice mid/long-term alternative would be this:
Polkadot (DOT): 2 Scenarios, Which Way Now?Polkadot is in a crucial support zone where the price is testing it. We are left here with 2 possible scenarios: the first would be a breakdown of that support, which would move the price towards $4.90, or the second scenario would be a nice bounce from the current zone, which would result in a good movement to $6.50. As of now, we are waiting for confirmation of eather movement to happen!
Swallow Team
DOTUSDT Long Trade Setup✉️ Pair: DOTUSDT
📈 Direction: Long
💯 Leverage: Cross 5x-10x-20x
📊 Entry: $6.00
✅ Target 1: $6.215
✅ Target 2: $6.534
✅ Target 3: $7.12
✅ Target 4: 🚀🚀🚀
⛔️ Stop Loss: $5.00
Wave (3) should start from here; otherwise, the larger wave (2) is likely to be extended, with support at $5.24.
Manage your risk – never trade more than 1% of your capital on a single trade.
🔔 For more updates, follow me and don`t forget to hit the BOOST :D
Will PolkaDot DOT reach the sky this bullrun?Hello, Skyrexians!
Despite the Bitcoin price fast recovery after correction, altcoins remain dead and we understand that it's really annoying for most of market participants. Most of traders now in huge loss after -60% dump for entire crypto market since March 2024. But crypto trading is very risky to experience it without proficiency in different crypto trading strategies. This time even top crypto bot trading strategies and the best crypto traders failed. Nobody has been waiting for such a big crash. Analyzing ideas of top crypto traders on TradingView we can see that most of them are still bullish. For sure it does not mean that market will definitely do down, but if when it start bouncing they remain bullish mood it's gonna be dangerous signal and different trading tools such as automated trading bots, grid trading bot and other algorithmic trading bots can face with a huge loss again. In our opinion only ai crypto trading bot can overcome this problem because of using non linear approach.
In today's article we are going to share with you our analysis on BINANCE:DOTUSDT to help you setup your crypto trading bot algorithm or trade manually. Hope it will help to avoid mistakes and decrease potential losses. Let's get started!
DOT macro overview
History of this crypto asset has enough bars to make a complex analysis. This fundamentally strong L0 project has been listed in 2020 just before the massive bull run. The previous bull run wave the largest degree wave 1. After that we saw the first sell off. Some traders may tell that it's wave 4, but we counted it as wave A inside the larger wave 2. Wave B set up the bull trap and printed the irregular correction and after that the wave C has started.
In our opinion this wave C inside 2 has been finished in October 2023 with the massive reversal bar at the bottom. This is the strongest signal of trend end. Now the new impulsive wave 3 has been started. We want you to pay attention to the fact that DOT is the uptrend asset, price has not hit the previous bull run start and it's the great sign that in this cycle it has a great chances to set new ATH.
Talking about potential targets we can use our favorite Fibonacci extension. The most conservative target is $51 (almost at the ATH), the likely one is $79 and unbelievable is $119. We expect the reaching at least the first target in $2024-$2025.
Positive Outlook for Polkadot (DOT) PriceDespite the drop in Polkadot (DOT) price earlier this month, investors remain optimistic about this cryptocurrency and continue to invest in it.
The steady increase in capital inflows since mid-month indicates growing interest and confidence in the Polkadot project. These factors suggest a strong belief in the project's potential, which could lead to sustainable price growth in the future.
To confirm a real upward trend, Polkadot needs to break out of the current range between $5.5 and $6.5. If this happens, the price could reach $7.2 and $8.3. The current range is suitable for entry, with a stop-loss for this analysis being a daily candle closing below $5.5.
DOT - USDT 1DIntervalHello everyone, let's take a look at the BTC to USDT chart on a one-day time frame. We can see that the price has moved sideways from the downtrend line, but there is still movement in the smaller downtrend channel.
Let's start by determining the support line and as you can see, the first support in the near future is $5.37, if the support is broken, the next support is $3.94.
Now let's move on to the resistance line, as you can see the first resistance is at $6.87, if you manage to break it the next resistance will be at $8.08 and then strong resistance at $10.09.
Polkadot (DOT) big surge incomingBINANCE:DOTUSDT is one of the coins that underperformed this bull run. At the moment, Dot is priced way too low, with a low RSI of 40. If BINANCE:BTCUSDT surpasses the 74k mark, we will definitely see Dot breaking to the upside from this falling wedge, which has a Target of around 15. Big resistance that have to be surpassed lay at 10.3 and 11.9.
I am entering Long-term Long position on Polkadot!BINANCE:DOTUSDT all time high in early March which is huge sign to go up. As you can see there was a crucial resistance channel holding BINANCE:DOTUSDT since last June. Now BINANCE:DOTUSDT consolidating above it and checked weekly crucial support zone once. I suggest you to look at my last idea on BINANCE:DOTUSDT and where to take profits.
Polkadot Crypto Gains Momentum with Key Technical BreakthroughsIn recent trading sessions, BINANCE:DOTUSDT has exhibited intriguing movements, hovering around key support and resistance levels that could dictate its short-term direction. Closing prices have shown a steady upward trajectory, culminating at $5.862, reflecting a gradual recovery from previous lows.
The 9 Exponential Moving Average (EMA) has been trending upward, currently at $5.797, signaling short-term bullish momentum. However, the 20 EMA, standing at $5.865, has been relatively flat, indicating a lack of strong upward pressure. The convergence of the 9 EMA towards the 20 EMA suggests potential bullish crossover, which traders typically view as a signal for upward movement.
Meanwhile, the Moving Average Convergence Divergence (MACD) indicator is currently presenting mixed signals. The MACD line has been climbing towards the signal line, moving from -0.145 to -0.098. Positive histogram values further indicate that bullish momentum is gradually increasing. However, the MACD is still in negative territory, which suggests caution as the overall momentum has not fully shifted to bullish.
The RSI has moved from oversold levels at 28.68 to a more neutral position at 46.33. This upward movement in RSI indicates waning selling pressure and a potential shift towards a more balanced market sentiment. An RSI approaching 50 often signals a possible entry point for traders anticipating upward price movement.
The immediate resistance levels are observed at $5.866 and $5.937. A break above these levels could pave the way for further gains towards $5.942 for the Polkadot crypto. On the downside, key support levels are identified at $5.829 and $5.759. A dip below these supports could lead to further downside, with $5.679 as a critical support zone.
Traders looking to go long may consider entering a position upon a confirmed breakout above $5.866, targeting the next resistance at $5.937, with a stop-loss just below $5.829 to manage risk. For those anticipating a downturn, a short position could be initiated if the price breaks below $5.759, aiming for the lower support at $5.679. A stop-loss above $5.829 would help mitigate potential losses.
While the technical indicators for the Polkadot crypto are showing early signs of bullish momentum, caution is warranted due to mixed signals from the MACD and the relative positioning of the EMAs. Traders should monitor the aforementioned support and resistance levels closely to make informed trading decisions.
Polkadot(DOT): Back At TrendlineWe are back with Polkadot, where we are yet again on that trendline, which has shown us some decent support since June 18th.
As of now, we are also seeing a good weakness kicking in on the markets so here we are with 2 scenario case where one is bullish and the other is bearish.
What do you think, and which one will we see?
Swallow Team
DOTUSDT Weekly Analysis: Bullish Momentum and Strategic Levels### DOTUSDT Weekly Analysis: Bullish Momentum and Strategic Levels
#### Overview
The DOTUSDT pair has demonstrated significant bullish momentum on the weekly chart, creating an attractive opportunity for traders and investors. The recent price action has led to the formation of a bullish Fair Value Gap (FVG), providing insights into potential market movements and key strategic levels.
#### SSL Indicator: Bullish Signal
The SSL (Swing Signal Line) indicator, a crucial tool for identifying trend directions, has flipped to a bullish stance on the weekly timeframe. This shift suggests an increased likelihood of upward price movement, making it an opportune moment to consider long positions. The bullish SSL indicates strong buying interest and potential continuation of the uptrend.
#### Fair Value Gap (FVG): A Key Zone
The creation of a bullish FVG on the weekly chart highlights a critical zone where the market may find support. This gap represents an area of inefficiency where price did not spend much time, often acting as a magnet for future price action. Traders can look to this FVG as a potential entry point for long positions, capitalizing on the market's tendency to fill such gaps.
#### Strategic Levels: STL and ITL
- **Short-Term Levels (STL):** These are the immediate levels of interest where price may find support or resistance in the short term. Identifying these levels helps traders make informed decisions about entry and exit points.
- **Intermediate-Term Levels (ITL):** These levels offer a broader perspective on potential market movements over a slightly longer horizon. They are essential for traders aiming to capture larger price moves within the prevailing trend.
#### Projection: STL to be Created
The analysis indicates the formation of new STLs as the market progresses. These levels will emerge as price continues to interact with the bullish FVG and SSL indicator. Monitoring the development of these STLs will provide further clarity on potential support and resistance zones, aiding in the refinement of trading strategies.
#### Conclusion
The DOTUSDT weekly chart presents a compelling bullish scenario, underpinned by the SSL indicator's bullish flip and the creation of a bullish FVG. Traders should closely monitor the development of new STLs and ITLs, as these levels will play a pivotal role in navigating the market. This analysis suggests a favorable outlook for DOTUSDT, making it a prime candidate for bullish trades in the coming weeks.
DOT - A Risky Opportunity for HoldingBINANCE:DOTUSDT (1W CHART) Technical Analysis Update
DOT is currently trading at $5.9 and the price is in a consolidation state. As we expect a bull market in crypto, it's likely that the price will bounce back from this consolidation zone. This is a good opportunity to buy some and hold in the spot market.
Entry level: $ 5.9
Stop Loss Level: $ 4.7
TakeProfit 1: $ 8.811
TakeProfit 2: $ 10.667
TakeProfit 3: $ 16.852
TakeProfit 4: $ 23.526
Max Leverage: 2x / Sport
Position Size: 0.5% of capital
Remember to set your stop loss.
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Cheers
GreenCrypto
Polkadot(DOT): Possible Fakeout To Form! (Break of EMAs)Polkadot is forming a nice second fakeout after breaking the branch of EMAs here in a 4-hour timeframe.
We are now looking at a possible repeat of history where we form a full fakeout and a break in EMA follow-up. So keep your eyes open for a possible breakdown and a movement to lower zones here!
Swallow Team
DOTUSDT LongWe see strong bullish signal on DOT Daily chart. yesterday FVG was retested, today we have new high. 7.2 level is the next bullish target, SL is under 6.1 level.
Lingrid | DOTUSDT start of the BULLISH trendBINANCE:DOTUSDT broke below the support level at 5.0, only to bounce back taking liquidity and create an impulsive leg. Currently, the market is trading tightly below the recent resistance zone, suggesting that it's about to break through. On the daily timeframe, we see a long-tailed bar that indicates rejection at the support level. I anticipate the market to pull back into the range zone before making a move upwards. My target is resistance at 7.0
Traders, if you liked this idea or if you have your own opinion about it, write in the comments. I will be glad 👩💻
DOT $35-$55 my disappointing love childLesson to self, never fall in love with a project. It hurts you financially
This is as honest a prediction as I can make, yes I am biased but I am also objective
EWT count is purely speculative. Too early to count any of the waves up and the channel is also fictitious based off a probably wave 4 bottom forming way higher up
Let's see how it ages and I'll come back and revisit it in future and update...
