Polkadot: Head and shoulders breakdown on the 4-hour chart?Uh oh, the bears might be taking control! Head and shoulders pattern confirmed with a neckline breach. Brace yourselves for potential downside. Remember, this is not financial advice! DYOR and trade responsibly.Shortby ar_khan13113
DOT on 1 day TFmy Idea about DotUsd As we can see we had 5 upward waves and then we had Divergence formed on the RSI indicator, Then the price began to correct in waves, then retested the 0.382 Fibonacci level, but it was rejected. Now there is one scenario that will happen out of 2: Scenario 1: The price will retest the 0.382 Fibonacci llevel, and the price will be rejected from it, and the price will fall further retest the 0.786 Fibonacci level. Scenario 2: The second scenario: the price will penetrate the 0.382 Fibonacci level, and rise to retest the Last HH level before correction, 0Febonacci level.by alial-gayyali19894
Polkadot(DOT): 200EMA Rejecting The PricePolkadot is looking similar to Litecoin, where 200EMA is acting as a pretty strong rejection zone, which is pushing the price lower and lower with each touch. We are looking again for that lower zone (greenish) to be broken and a movement towards that target zone. Swallow Team Shortby SwallowAcademyUpdated 995
#DOT long setup as long as it stays above $6.50#dot looks good on weekly support over 6.50... First scalp is 7.30 from here and then 7.80 for long term targets are defined till 9.50.. looks great..already swept liquidity on daily..Longby ksm20206
DOTUSDT - Bearish channel is dragging DOT down 🔽BINANCE:DOTUSDT (4H CHART) Technical Analysis Update TOKEN is currently trading at $6.99 and It got rejected from the bearish channel resistance 4 times (two times in 1 week ). Overrall rend is showing bearish and we can expect the price to reach its next support around 6.6 and major support around 5.9 NOTE: This is a high risk trade, enter with smaller capital than usual Long Entry level: $ 6.99 - 7.05 Stop loss: above 7.332 Target 1: $ 6.6 Target 2: $ 6.27 Target 3: $ 5.9 Max Leverage: 2x Don't forget to keep stop loss. Follow Our TradingView Account for More Technical Analysis Updates, | Like, Share and Comment Your thoughts. Cheers GreenCryptoShortby GreenCryptoTradesUpdated 119
DOTUSD Elliott wave countFurther, impulsive-looking price action, will add credence to the bullish scenario, and suggest wave 3 upper is underway above 6.510 with possible target 1.618 fib extension. Future updates will be posted as updates to this count. Daily intraday updates on 1H and 4H time frame, don`t miss them!! Good luck!by Cross10XSignalsUpdated 7
⚖️💹 DOT Trading Strategy 🌐📊📊 Current Market Status: DOT breaking through a resistance line dating back to around December 25th. 📈 Chart Analysis: Approaching the $7.00 - $7.30 area of resistance. 🔄 Trading Strategy: 50% Entry: Enter 50% of the allocation if DOT regains the $7.00 level. Remaining 50% Entry: Allocate the remaining 50% upon breaking through $7.30. Take-Profit Areas: $8.00 - $8.50 and then $9.60 - $10.00. Stop-Loss: Set at around $6.70. 📣 Conclusion: Strategically enter positions based on key levels. Set take-profit areas and manage risk with a defined stop-loss. Trade wisely! 📈💡 #DOT #TradingStrategy #CryptoMarket 🌐📊 Longby Richtv_official4
DOT bullishAside from the massive fundamental bullishness going on within the DOT ecosystem (DED airdrop Coretime DOT2.0) The chart is looking juicy Conservative targets are listed moving into august of 2024 All 3 waves representing similar % moves from the anticipated lows 170% + in each upward thrust TP's listed on chart For now conservative top at 44-47$ yes no new ATH but I hope im wrong as this is my biggest holding ))Longby Andy1GPUpdated 5
polkadot finally preparing for massive bullish rally Seems Like Getting Ready For Another Breakout Already In Uptrend Approaching Towards Descending Trend line Incase Of Breakout Expecting Bullish Rally Towards 10$ In Coming Days keep eyes on dot coin for breakout Longby Worldofchartsfx6
DOT SHIFT IN MOMENTUM!Hello Traders and everyone, I am Hadi Karaali, Known as SNIPERS_FX If you like the idea, do not forget to support with a like and follow. DOT BULLS TO TAKE OVER! 📚 👉 As we can see price is still overall bearish trading inside this falling channel, from a medium-term perspective. 👉Moreover, price is approaching a strong support zone, where we are interested in looking for new longs, Meanwhile, for the bulls to kick in, and to have a shift in momentum, we need a break above the marked major swing high, then a movement higher would be expected. 👉Until that, and as the price will be approaching our support zone more, we will be looking for new longs from a shorter-term perspective. 📚 If you like this kind of analysis don't forget to like and follow and as usual follow your trading plan and manage your risk. Be patient and good luck!Longby Hadi_karaali6
DOTUSDTmy entry on this trade idea is taken from a point of interest below an inducement.. I extended my stoploss area to cover for the whole swing as price can target the liquidity there before going as i anticipate.. just a trade idea, not financial adviseLongby Rising33BUpdated 9
DOT/USDTVery risky position for DOT/USDT short position please do your own research and then trade not financial advice!Shortby BitLord_CryptoUpdated 115
Robust Support LevelAt present, Polkadot is oscillating above a robust support level, indicating a steady position in the market. Should it manage to overcome its descending trendline, it could pave the way for significant upward momentum and growth.by MonoCoinSignal3
Polkadot is getting ready to moving upward Hello SSE community As you can see in the chart, 3Dot in this USDT pair is consolidating the potential supporting area around 6 - 5.8 dollar which is my potential entry zone if the supporting area works well. My potential targets for Dot in the next 3 months are 20 - 23 dollar If you are looking for short position in the current market pay attention to the level of liquidity around $7.3 it could be hunted all shorts then continue to the correction. Big thanks, Let's change the WEB3 world together by SorooshSchool118
DOT Long Scenario DOT long Scenario. DOT pullback from strong support zone. Waiting for breakout of trendline. After breakout and retest I will be looking for longLongby EtoYa777222
DOTUSDT IDEAUPDATE Looking ready to break wedge. Breakout can take on proceedings as we predicted !!! COIN DETALS The live price of Polkadot is $ 6.811449 per (DOT / USD) with a current market cap of $ 8.72B USD. 24-hour trading volume is $ 147.24M USD. DOT to USD price is updated in real-time. Longby Altcoin_Ninjas118
$Dot is trying to huge breakout 🚀CRYPTOCAP:DOT is trying to break out from a Falling wedge pattern. Pay attention to it. 🔺If #Dot successfully closes the daily candle above the edge. Then we will see a huge breakout. 🔺Also 2.0 Parachain is incoming soon 🚀 ▪️ DYOR 📈by Virtuality01333
Polkadot(DOT): Reached Middle Line Of Bollinger Bands!DOT had a nice bounce from 200EMA and is now testing the middle line of Bollinger Bands. What we are looking for here is a potential weakness to kick near the middle line, which would mean that the price gets rejected from there. If this kind of movement doesn't happen, then we might see a movement towards the upper resistance zone, from where we will be looking at a potential short position! Swallow Team Shortby SwallowAcademyUpdated 115
DOT - 4H - Falling Wedge - 20% increase possibleDOT is moving out of a Falling Wedge on the 4H time frame. First big resistance is around $8,50 and can give a profit of approx. 20% from current price.Longby Soul_Investments3
POLKADOT Trade Idea (DOT)PolkaDot (DOT) has rallied on the 1D time frame and we can see a choch break above a previous balance area high. Price is currently testing a key resistance level. We are considering a buy opportunity if price retraces into the 50-61.8% Fibonacci zone. This analysis is solely for educational purposes and should not be considered financial advice.Longby fxtraderanthony2
DOTUSDT: Bullish TrendDOTUSDT.P is uptrend and continues forming HHs and HLs, and there is no Bearish divergence on 1hr time frame, so we can a long entry at market price. Longby mudusirUpdated 8
Polkadot(DOT): Head&Shoulders Pattern = Good Sell Opportunity? DOT coin is back on our spotlight with a great format forming here (head and shoulder pattern) While we see good potential for this kind of movement, we still need to fully form that right shoulder, which can also be good for some short-term selling positions! But as always, our best entry relies on that neckline zone, which we are looking to break sooner this week! Swallow Team Shortby SwallowAcademyUpdated 3310
DOTUSDT DOT/USDT seems to be forming a higher high, that is a sign of uptrend I will enter the pullback zones of 6.789–6.711; this pullback is acting as resistance and support multiple times, and the level is also testing the 50 EMA 4 HR chart. and also the trend line acts as support multiple times , dropping down to 15-minute time frame I buy some polka dots here in this zone when I get a double bottom. Share your idea in the comment below. Thank youLongby EthioFX0