DOT approached the first shopping zoneOn the chart of DOT in pair with USDT, we can observe a second correction close to around 30%, what is more, we can see here how the price is approaching a strong upward trend line. This would indicate green zone number 1 as a potential entry into long positions, while the next zone marked in green may be the second purchasing zone to increase the position and average the price.
Sales zones identified by red color on the chart.
DOTUST trade ideas
🚧DOTUSDT is Bullish now🚧 & many Traders don't see it 👀!!!Hi.
BINANCE:DOTUSDT
😊Today, I want to analyze DOT for you in a 1D time frame so that we can have a Mid-term view of DOT regarding the technical analysis. (Please ✌️respectfully✌️share if you have a different opinion from me or other analysts).
As you can see, the price is in an ascending channel. Also, the price has created a hidden divergence, which is a good sign for the price to rise.
✅ Due to the Ascending structure of the chart...
- High potential areas are clear in the chart.
-Hidden bullish Divergence
Stay awesome my friends.
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✅Thank you, and for more ideas, hit ❤️Like❤️ and 🌟Follow🌟!
⚠️Things can change...
The markets are always changing and even with all these signals, the market changes tend to be strong and fast!!
DOT POLKADOT Technical Analysis and Trade IdeaDOT Polkadot 's recent bullish run has given way to a retracement, offering potential short entry opportunities. Price is approaching a key higher-timeframe support level however, so proceed cautiously and prioritize risk management. Further downside is possible. This analysis is for educational purposes only, not financial advice.
DOT UPDATE (1D)DOT bullish waves that started at the bottom look like an ABC or more complex pattern.
Now it seems that wave A has been completed and we are in wave B.
Wave B looks like a runing flat, and now we are in wave C of this flat.
DOT can continue to climb by maintaining the green range.
Closing a daily candle below the invalidation level will violate this 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/USDT holding key support? 🚀Polkadot Today Analysis💎 Paradisers, prepare for an exciting chance with #DOTUSDT as it stands firm at the critical support of $8.711. Holding steady at this level hints at a potential bullish trend, especially since the price has already tested liquidity below this point, reinforcing the bullish outlook.
💎 Let's also ponder the scenario where CRYPTOCAP:DOT struggles to surpass its previous peak, suggesting a risk of breaking below the support. In such a case, we're eyeing a bullish bounce from a secondary support at $8.137.
💎 Caution is advised: slipping below this secondary support could signal a shift towards a more pronounced bearish phase, marked by increasing sell-offs. Being alert and flexible is crucial as we navigate the evolving #POLKADOT market.
Polkadot(DOT): 200EMA Is Next Target?Polkadot has been showing a nice breakdown of Bollinger Band's middle, which has also broken the support zone.
Upon seeing a daily candle close below that broken zone, we will turn it into a potential resistance, which would mean we might see further movement to lower zones (towards 200 EMA).
Swallow Team
✴️ We Are Looking Good Long-Term | PolkaDot To $144Look at the big green arrow and tell me, what do you see?
Impossible for PolkaDot to produce massive growth later on in 2024 and beyond?
➖ Go back to 2020 and 2021.
➖ It is the same, all over again.
The Cryptocurrency market moves within a four years cycle based on Bitcoin's halving event.
The halving is coming soon. A marketwide correction as well.
As soon as the halving is over and done, we will see sustained massive growth all-across.
👉 PolkaDot (DOTUSDT) will do great, together with Bitcoin and the rest of the Altcoins... Prepare for growth!
Namaste.
Cryptolean Polkadot DOT Update Polkadot is consolidating above $10.74.
A bullish reversal from the current price location will result in a bullish move to $11.78.
A bearish break-out of $10.74, the key daily support, will push DOT price towards the support zone of $9.38-$9.76.
Intraday Chart
The DOTUSDT 4-Hour chart is bullish and is trading above $10.91.
(1) A bearish dip and a bullish rejection of $10.91 or (2) a bullish move from its current price location will push price to the key intraday resistance zone of $11.62-$12.13, where I will be closely watching the #Polkadot price action.
A bearish break-out of $10.91 will lead to a slow price decline to $10.31.
Like once read!
Thank you!
DOT - Opportunity to catch a 20% correctionGreetings everyone!
I would like to share with you the analysis of DOT (Polkadot).
We have successfully exited the descending structure, which indicates a transition to the ascending structure. However, this does not prevent us from looking for short-term corrective trades with good reasons.
We are currently seeing the filling of the monthly imbalance in the 11.14 - 14.18 range. Within this range, there is a weekly imbalance zone extending from 11.81 to 13.03. With a favorable risk-reward ratio, we may consider setups coming out of this zone.
Our goal may be to eliminate inefficient pricing on the two-hour timeframe (FVG).
DOT/USDT Ready for another Exponential Rally? 👀🚀DOT Analysis💎Paradisers, turn your gaze to #DOTUSDT as it is positioned within an ascending channel's upper zone and ready for a bullish journey toward the supply zone.
💎A look back at #Polkadot's market trajectory shows its journey through an ascending channel, consistently breaking new ground towards higher trends. The price now is facing a resistance at $12.13. When this resistance turns into support, the probability of a bullish rally toward the supply zone will become more evident.
💎For the CRYPTOCAP:DOT traders, staying alert is not just important—it’s crucial. Brace yourselves for a potential surge from the $8.81 support level, if the market’s tale twists unexpectedly, this could be the next point of support for #DOT. Yet, beware: falling below this support will call for a descent into bearish territory.
💎In today’s mercurial market, fusing strategic prowess with decisive execution is more than necessary—it’s the art of survival. But, we are always there for you.
Here I buy Polkadot at $11My next pick
Poldatot at $11
calm down
one day at a time, step by step little by little we go far away,
I'm buying like there's no tomorrow cause the party has just begun here.
there's no use running if you're on the wrong road. I always run on the right roads while they're lost running on the wrong roads all the time.
#DOT Can Reach 14.7 if..;DOT almost broke the weekly resistance area when it got pumped last time but couldn't manage it sadly.
If DOT can close above 10,7 in daily time frame, I'll take a long entry with 5X Cross (%5 of my general margin) and set the target point to 14,7.
According to Elliot Waves theory, wave 3 should get me 14,78.
Also;
Daily Volume seems fine and broke the last high.
Rsi still seems like fine.
All targets and areas on the chart.
Good luck to us all.