DOTUST trade ideas
Polkadot (DOT): Possible Filling of CME Gap HerePolkadot shows strong potential for an upward move to fill the CME gap that’s been lingering for a month. To wrap up this video, we’re focusing on a buy opportunity here, once buyers show dominance around the 4-hour timeframe EMAs.
More in-depth info is in the video—enjoy!
Swallow Team
DOT May Rise Further After Breaking Through $4.14DOT May Rise Further After Breaking Through $4.14
The price broke out from a "contracting triangle" pattern, indicating further upward movement.
This morning, after breaking out from another small structure, DOT is rising further and could potentially reach the top of the structure again near $4.50.
The price may face strong resistance near $4.24, which could push it down for a small correction before it rises again.
You may find more details in the chart!
Thank you and Good Luck!
❤️PS: Please support with a like or comment if you find this analysis useful for your trading day❤️
#DOT/USDT#DOT
The price is moving in a descending channel on the 1-hour frame and sticking to it well
We have a bounce from the lower limit of the descending channel and we are now touching this support at 0.400
We have a downtrend on the RSI indicator that is about to be broken, which supports the rise
We have a trend to stabilize above the moving average 100
Entry price 1.10
First target 4.26
Second target 4.40
Third target 4.62
Alikze »» DOT | Corner pattern in 4H time frame🔍 Technical analysis: Corner pattern in 4H time frame
- It is oscillating in a corner pattern in the 4H time frame.
- According to the hunt of the previous swing, as well as the correction to the green box area and the creation of demand, an upward movement cycle is observed.
- This motivational move can move up to the broken swing of the 4.145 range.
- In case of a break, the next target is the HL ceiling and finally it can continue its growth dynamics until the trigger.
⚠️ In addition, if there is a selling pressure reaction in dealing with the swing, the correction can continue until the green box area.⚠️
»»»«««»»»«««»»»«««
Please support this idea with a LIKE and COMMENT if you find it useful and Click "Follow" on our profile if you'd like these trade ideas delivered straight to your email in the future.
Thanks for your continued support.
Best Regards,❤️
Alikze.
»»»«««»»»«««»»»«««
MEXC:DOTUSDT
Polkadot (DOT) Set for Potential Rebound? Key Price Action Signa👀👉 Despite recent downward pressure, Polkadot (DOT) is showing a bullish break of market structure on the 30-minute timeframe. I’m closely monitoring for a possible buying opportunity, guided by the key criteria discussed in the video. In this analysis, we’ll highlight the critical price action signals to follow and how to strategically position yourself for the next potential move. Disclaimer: This analysis is for informational purposes only and does not constitute financial advice. 📊✅
DOT’s Indicates Bearish Continuation on the MarketDOT is one of the biggest cryptocurrencies when it comes to market cap. If DOT drops it should affect the Altcoins generally and the DOT’s ecosystem specifically.
Breaking the red line confirms the idea.
Passing the green line cancels the bearish idea.
Polkadot (DOTUSDT) Falls Fast! TP1 Hit, More Targets in Sight!Technical Analysis:
Polkadot (DOTUSDT) on the 15-minute timeframe entered a short trade with a clear rejection of the Risological Dotted Trendline, signaling strong bearish momentum.
Key Levels:
Entry: 4.450
Stop Loss (SL): 4.534
Target 1 (TP1): 4.347 ✅
Target 2 (TP2): 4.180 (In progress)
Target 3 (TP3): 4.013
Target 4 (TP4): 3.910
Observations:
Price respected the Risological Dotted Trendline as dynamic resistance, confirming the downtrend.
After hitting TP1, Polkadot remains in a solid downward trajectory, increasing the likelihood of hitting subsequent targets.
Volatility is providing momentum, which could lead to quicker completion of lower targets.
Polkadot's bearish move continues to unfold as TP1 is confirmed. Watch for the price to challenge TP2 and beyond as this short setup gains further momentum.
DreamAnalysis | DOT Analysis: Key Triggers and Levels✨ Welcome to today’s analysis! In this post, I’ll be analyzing DOT for futures trading and sharing key triggers for this coin. The analysis is done on both the daily and 4-hour timeframes.
📅 Daily Timeframe Analysis
On the daily chart, after DOT reached the resistance at $11.396, the price reversed into a downtrend, forming three waves before hitting the support level at $4.003. Since breaking below $8.365, the SMA99 indicator has consistently acted as a strong resistance above the price.
📊 Currently, after months of consolidation between the $4.003 and $4.866 levels, and forming a range (box) between these two zones, we can expect a potential breakout to the upside due to the gradual increase in buying volume. The SMA99 is also approaching the price, and with the growing volume and compression within the range, there's a good chance the SMA99 could be broken as well. If the resistance at $4.866 breaks, the next resistance levels will be $5.636 and $6.415. Conversely, if the support at $4.003 is lost, the next support zone will be at $3.627.
📅 4-Hour Timeframe Analysis
On the 4-hour chart, DOT has been ranging for a while and is currently within an ascending channel. The price has bounced off both the top and bottom of the channel three times, showing strong reactions.
📈 For a long position, the trigger is a break above $4.572, but this is only valid if buying volume increases and the RSI is above the 50 line to confirm bullish momentum. The target for this long position is the top of the box, with the main trigger for a long being a break above $4.92.
📉 For a short position, the current trigger is a break below $4.18. However, if the price forms a new structure in the future, this trigger could shift higher. For now, the break of this level, which is just below the ascending channel, could be a good short trigger. The target for this short position is the bottom of the box, with the main short trigger being a break below $4.003.
🔼 By following these key levels and triggers, you can position yourself effectively in the futures market for DOT.
❌Disclaimer
This is not financial advice; it is merely my personal opinion on how the coin might move. Always conduct your own research before making any decisions.
DOT Primed for Breakout? Key Liquidity Level in SightDOT is poised for a potential breakout, having faced resistance at the critical liquidity level of $3.532 three times previously. This fourth attempt could be the one where the tide turns, as the price approaches the 3.618 Fibonacci retracement level, a significant technical indicator that often signals potential trend reversals.
If DOT successfully breaks above $3.532, it could unleash a wave of buying pressure, propelling the price towards the $2.775 target level. However, it's important to exercise caution and wait for confirmation before entering any trades. Look for a strong break and close above the liquidity level with increased volume to validate the breakout.
While the technical indicators are promising, it's also crucial to consider the broader market context. A positive shift in overall cryptocurrency sentiment could further fuel DOT's upward momentum, while a bearish market could create headwinds.
Remember, even if the breakout occurs, it's essential to implement a risk management strategy. Set stop-loss orders below the liquidity level to limit potential losses in case the breakout fails.
In conclusion, DOT presents an intriguing opportunity for traders who are willing to take calculated risks and exercise patience. The confluence of technical indicators and the potential for a trend reversal make this a situation worth watching closely. However, always conduct thorough research and consider your risk tolerance before making any trading decisions.
Dot is about to explode UPWARDS !DOT/UST has successfully held above the monthly support level at $4.06, indicating a strong defense of this critical zone. The recent formation of a bullish reversal candle suggests a potential trend reversal, with price action signaling upward momentum. This pattern, combined with sustained support, hints at a breakout scenario, possibly leading to a significant upward move.
Key technical indicators, such as volume spikes, RSI divergence, or MACD bullish crossovers, could further confirm the strength of this reversal. A breach of the immediate resistance levels may signal the beginning of a new uptrend, potentially accelerating the rally. DOT appears poised for an upward breakout—momentum is building for a substantial move.
DOT: Nears Completion of Inverse Head & Shoulders PatternPolkadot (DOT) Nears Completion of Inverse Head & Shoulders Pattern
Polkadot (DOT) is on the verge of completing an Inverse Head & Shoulders pattern near a key support zone, increasing the likelihood of a potential short-term trend reversal. While the pattern is not yet confirmed, a price move above $4.27 could significantly boost bullish momentum.
The pattern has been developing over the past week, and considering the time frame on the chart, it appears to be nearing completion. The first resistance zone is expected around $4.40, followed by $4.55, and then $4.75.
You may find more details in the chart!
Thank you and Good Luck!
❤️PS: Please support with a like or comment if you find this analysis useful for your trading day❤️
DreamAnalysis | DOTUSDT The Market Turtle👋 Welcome back to DreamAnalysis! Today, we're analyzing DOT (Polkadot), a major player in the DeFi space, and exploring its future potential.
🌐 What is Polkadot (DOT)? Polkadot (DOT) is a multi-chain blockchain protocol designed to facilitate communication and data transfer between different blockchains. Its main goal is to improve interoperability between independent chains, enhance scalability, and ensure security through its multi-chain architecture. DOT, the native token of this network, is used for governance, staking, and bonding parachains (sub-blockchains).
📆 Weekly Analysis of DOTUSDT
In the weekly timeframe, DOT is sitting on a crucial support level. If this support (around 4.022) is lost and the price closes below it, a sharp decline may follow. If you're still holding this coin, it is advised to sell if this support level is broken.
📈 Entry Point for Buying
Entry for buying and holding in spot trading is clearly defined. After breaking the descending trendline and triggering the entry point at 4.814, you can consider buying with a stop loss at 4.022. Weekly DOTUSDT Technical Analysis
📉 Daily Analysis of DOTUSDT
In the daily timeframe, the coin is showing a strong downtrend. This time, the price failed to break the resistance at 4.919 and quickly dropped toward support, indicating weakness in the buyers.
If 4.005 support is broken, I personally will look to enter a short position, as the downward movement is in line with the trend.
Additionally, increased volume and the break of the RSI 28.03 level could signal more declines ahead, with the next major support around 3.852.
⏱️ 4-Hour Analysis of DOTUSDT
In the 4-hour timeframe, clear triggers for breaking support levels are visible, giving a solid indication of position entry for the upcoming week.
📉 Short Position
After breaking 4.022, I will consider shorting to ride the potential decline. Also, confirmation of the RSI breaking 33.44 will add more confidence to this setup.
📈 Long Position
more risky option would be to go long after breaking 4.251, especially with increasing volume. However, this is a higher-risk strategy given the market conditions.
💬 This wraps up today’s analysis. If you found this helpful, feel free to share it with your friends and leave a comment with your thoughts or any other pairs or coins you’d like us to analyze.
📌 These analyses are merely our ideas based on a chart that doesn’t follow strict rules. Technical analysis is an art, and these insights are not financial advice.