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DOTUST trade ideas

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!
Long
by CryptoNiche
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
Long
by DewyCandles
1
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.
Long
by winnerwinnerchickendinnerWIN
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
by behdark
1
UPDATE ON POLKADOT - FINAL MOVE BEFORE THE BULL RUN First of all you should see this scenario for CONTEXT. Look at how perfectly price have been reacting to this chart. Here is an update with a potential 3RR trade setup. I feel... why not take advantage of the opportunity that presents itself but don't forget this is just us trying to make money on both bear and bull market the overall target on the mid - long term still remains bullish and our next DCA region is within the box below (typically where we will be taking profit for the SHORT trade). BINANCE:DOTUSDT The ideal Entry is $7.746 being 1:1 if this potential wave 4-green turns out to be a Flat while the invalidation / stop loss is $8.509 (approximately 10%) and take profit is at $5.446 (3RR) approximately 30% But it is possible we miss that perfect entry if the POTENTIAL wave 4-green turns out to be a Triangle as shown on the chart. So if you're not looking for perfect entry, you can also position from this point the only not so good news is that the risk reward ratio become 2 thereabout. EDUCATION This section is for those who still can't fully interpret my chart. so you noticed from the explanation above concerning the trade setup. There are 2 scenarios but represent on one chart and differentiated using the DOTTED & DASHED LINE. This is how you understand my charts when you see these lines. I also believe you now know why you should also read every chart descriptions coz if you didn't read the one above now you'll have to go read it and for those that didn't read it at all :)skull. OTHER ANALYSIS
Short
by DewyCandles