DOTUSDT - Looks Bearish on Hour timeframeKey levels are defined on the chart.
I am expecting another LL because it has already created one LH.
Their is no sign for trend reversal on short term. Expect for Short entry if it break SL.
DOTUST trade ideas
DOT - Daily Shortterm Trend & Support/Resistence Trade Signal - DOT - Daily Shortterm Trend & Support/Resistence Trade Signal - 23 May
DOT now completed a correction and are ready to return to gain higher.
The new opportunity at the current price
🟢 Trend: Bullish 🚀
🟢 Support: $ 5.5
🟢 Target: $ 50
------
Current: $ 7.5
DOT a False Breakout?The symetrical triangle that formed at the end of the recent downtrend was optimistically viewed by many as a potential trend reversal. Then the news of a possilbe approval for an ETH ETF after tweets by the SEC caused a breakout.
A re-test of teh symetrical triangle around $7.20 is a possible scenario, however, if after the retest price does not hold above $6.90, then the recent spike in price will prove to be a false breakout.
DOT READY TO BOOM AFTER A PULLBACK!!
#Polkadot it failing to flip the local resistance into support. We have a monthly POC and the 0.618 fib level below to hold as support. If we can get a bounce there, I would expect PA to push higher to try and flip the blue box into support next!
Calculate Your Risk/Reward so you don't lose more than 1% of your account per trade.
Every day the charts provide new information. You have to adjust or get REKT.
Love it or hate it, hit that thumbs up and share your thoughts below!
This is not financial advice. This is for educational purposes only.
DOT/USDT - Bearish continuation before bull runWaiting for symmetrical triangle (bearish) breakdown to buy DOT at 5$ with long term targets : 20$ - 25$ - 50$
Bullish pennant on DOTWe can clearly see that DOT is forming a bullish pennant, breakout will be happening in a few hours, and price can jump to 8$.
8$ is a very strong resistance, if that resistance will be broke, the next target will be 14$.
DOTUSDT-Bullish FlagThe cryto pair made bullish flag pattern on 1h TF. Entry can be taken at current price with SL and TP mentioned.
Trade Plan for Polkadot: Ready for Another 100% Gain?Fundamentally, GATEIO:DOTUSDT appears like a dead project, which is obvious in its price action in the last 8 to 12 months.
Dot does not look good for investors but is not bad for trading.
Again, we are ready to trade its breakout for a possible 100% profit, when the opportunity presents itself.
What do you think about Dot? Share it with me in the comment box.
If this analysis makes sense to you, follow me now for more and support my idea.
Cheers!
DOT Fake OutWho is at the helm of the U.S. economy....right now....? Enough Said. What just happened was a fake out. To many countries are about to start dumping US bonds....no real rally for a while I'm afraid.
Polkadot (DOT): Keep an Eye on 200EMA !!!We are back with Polkadot, where our attention has caught that 200EMA which has been holding its ground since April 22.
We are now yet again back at 200EMA testing it, and we are looking for a potential rejection to happen from here. If we see it, we should see a nice downward movement from here!
Swallow Team
POLKADOT AMONG MY PICKS FOR ALT SEASON
This could be Polkadot for the bull run. Price might retrace to $5.6 but i highly doubt it with the presence of strong volume an relative strength index already above the previous high syncing with the price action, it is a strong indication of buyers taking charge and imminent price surge.
Again as I have emphasised on previous analysis, do not time a perfect entry just accumulate for the ALT SEASON and expext at least x3-5.
OTHER ANALYSIS
DOT Monthly Forecast for 2024 - ImageHere is my view for DOT
I think we are in a good spot to take a long
DOT - Monthly Chart - View for 2024DOT chart, i feel we are in a good spot to buy this here for a nice move up.
Buy today, and we'll see you in December 2024.I feel that today is still a good buying opportunity. There were people who bought at $10 thinking it was cheap, although today it is 50% cheaper...
Now, logically, you should have been buying. An excellent entry point was buying DOT at less than $5, ideally in the $4 range. However, if you haven't bought yet, don't regret buying DOT at $1 more. It's worse to buy when it's already at $7 in this Christmas rally.
DOT ANALYSIS (6H)From where I inserted "Start" on the chart, it seems that the price entered a correction.
This correction is a triangle or a more complex pattern (diametric or symmetrical).
From the green area, it can move towards the targets.
Closing a daily candle below the invalidation level will invalidate the analysis
For risk management, please don't forget stop loss and capital management
When we reach the first target, save some profit and then change the stop to entry
Comment if you have any questions
Thank You
Dot Making two scenarios one is bullish second one is BearishDot is testing the 200 EMA a key level holding strong since 22nd April. Butt at the same time it already break the descending trendline which make a bullish trend. As we see market is already in Bullish Mode so i am expecting a 30% bullish movement once it break 7.50 with Sl 6.20. Once it break the EMA 200 you can easily aim for 8,10 and the final one is 11,
#DOT Possible Scenario 🔥#DOT Possible Scenario 🔥
Bounce from Trendline
Bounce from support zone
High volume breakout.
See you on the Moon 🌙
DOT We see a classic ascending triangle pattern in the chart. In my opinion, this is one of the best positions in the market. Good luck
DOT We see a classic ascending triangle pattern in the chart. In my opinion, this is one of the best positions in the market. Good luck
DOTUSDT Dotusdt is in bearish trend testing fib 0.5-0.618 with channel top making LH , with no divergence at bottom
$DOT weakening structure#polkadot #dot price chart is exhausted after the relief rally, needs some correction in MID TERM, not short term. Not financial advice.
DOTUSD 1WDOT ~ 1W
#DOT We hope that this Support Block will be retested again. And we wouldn't hesitate to place a sizable purchase here. with a long-term target of at least 25%+
