DOTUST trade ideas
DOT-USDTI don't trade frequently, but when I do, it's with certainty.
"DOT seems poised for a breakout, possibly leading to another price surge!
Find your entry point, practice effective money management, and always use stop-loss orders.
I am not here to give numbers! see the chart do your entry, exit and risk management!
Buy DOT - Crossing Major Resistance and invalidating double topDot is at very interesting level, its about to break major resistance level at 10.373 it already broke daily resistance of 9.6
there are two possibilities.
1. is crosses 10.373 level and go up from there
2. it retraces back and go towards VAH level
DOTUSDT.1DBased on the provided market data, the DOT/USDT pair is currently showing signs of a bullish trend. The current price of 9.785 is above the support levels for 4h, 1d, and 7d, indicating a strong buying pressure.
The RSI (Relative Strength Index) is a momentum oscillator that measures the speed and change of price movements. An RSI above 70 usually suggests overbought conditions. The RSI values for 4h, 1d, and 7d are 71.71, 85.95, and 74.16 respectively. This indicates that the market is overbought in these timeframes, suggesting caution as there could be a potential reversal or slowdown in the trend.
The MACD (Moving Average Convergence Divergence) is a trend-following momentum indicator. A positive MACD indicates that the 12-day EMA is above the 26-day EMA, which is a bullish signal. The MACD values for 4h, 1d, and 7d are positive, reinforcing the bullish trend.
The Bollinger Bands (Bb) indicate the volatility in the price. The current price is below the upper Bb for all timeframes, indicating less volatility and a potential for price to go higher.
The resistance levels for 4h, 1d, and 7d are 10.720, 10.840, and 10.992 respectively. These are the levels that the price would need to break through to continue its upward trend.
In conclusion, the market data shows a strong bullish trend for the DOT/USDT pair. However, the high RSI values suggest the market is overbought and there could be a potential price correction or slowdown in the trend. As always, it's important to consider other factors and your own risk tolerance when making investment decisions.
DOT upcoming move to 4xDOT has completed the cup pattern and broke its strong resistance at the current level. I'm already bullish on DOT and once its daily candle closes above the resistance it can come for a retest. After retest, you can add some DOT to the bags and hold for a long term. use proper Risk management because we may see a drop around halving.
THOT Dot, is gonna stop?If you find this information inspiring/helpful, please consider a boost and follow! Any questions or comments, please leave a comment!
THOT #DOT 🧵
Still in since 6.448
It held 7.00 and broke the pivot high!
Another dino coin that could be a 3 of 3
or an ext 5th.
A break of this level and flip as W4 is ideal.
$13 is the next AOI if this is broken.
[DOTUSDT] - bullish rally is coming🔥🔸Breaking a long time accumulation of falling wedge in weekly chart meaning it will head a great targets
🔸Dot is still good for buying for now ...as it didn't get bullish yet.
🔸Targets shown in chart as a Fibonacci levels
🔸Patience get rewarded
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DOT : BUY IN BULL-TREND📊Analysis by AhmadArz:
🔍Entry: 9.40 - 9.18
🛑Stop Loss: 9.12
🎯Take Profit: 9.59 - 9.90
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DOT - breakout trade - uptrend continuationCRYPTOCAP:DOT is in an uptrend. We have just broken out above the resistance. Following the same pattern as a number of other Alt coins that have already pumped massively. This is a trend continuation trade, playing breakout above resistance.
Stop limits set below resistance. Trail stops. Sell 50% at 1:1 RR to turn this into a zero risk trade.
DOT/USDT Poised for a Bull Run? 👀🚀DOT Analysis💎Paradisers, let's direct our attention to #DOTUSDT, as it's showing signs of a potential significant move from a key demand level.
💎#Polkadot is demonstrating an upward trend, hinting at a likely bullish breakout from its current demand zone. We anticipate a retest of the demand level at $6.38, with a major supply zone in sight. If #DOT holds above this level, it might set the stage for a rise toward the major supply zone at $9.0.
💎However, if #DOT struggles to maintain its position above the support, a reassessment of our trading strategy may be in order. In that scenario, we would look towards initiating a bullish movement from a lower bullish Order Block (OB).
💎It's vital to keep a vigilant eye on this level, as a drop below it could trigger a considerable bearish trend.
💎Stay sharp and flexible, Paradisers. Your ParadiseTeam is committed to offering the latest insights and strategic guidance, ensuring you're fully prepared to handle these market movements.