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!
DOTUST trade ideas
⚖️💹 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 $6.70.
📣 Conclusion:
Strategically enter positions based on key levels.
Set take-profit areas and manage risk with a defined stop-loss.
Trade wisely! 📈💡 #DOT #TradingStrategy #CryptoMarket 🌐📊
DOT bullishAside from the massive fundamental bullishness going on within the DOT ecosystem (DED airdrop Coretime DOT2.0) The chart is looking juicy
Conservative targets are listed moving into august of 2024
All 3 waves representing similar % moves from the anticipated lows 170% + in each upward thrust
TP's listed on chart
For now conservative top at 44-47$ yes no new ATH but I hope im wrong as this is my biggest holding ))
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!
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
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
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.
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
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 you
DOT heads up at $ 6.86: major Golden fib, possible turning pointDOT heads up at $ 6.86, a possible turning point.
Rejection here could send this coin to new lows.
Or a break and retest could be a good long entry.
All of the levels on this chart are a single fib series.
The fib series being DOT's "Genesis" (at birth) fib.
See "Related Ideas" below for info on my methods.
DOTUSDT #002 ( BEARISH PHSE is not finished yet) Hello dear traders.
good days.
First of all thanks for your comment and support.
Dotusdt still is in bearish Gann Square .
On weekly Gann Square , Gann Arc resistance is broken and expect to retest broken Gann Fan line.
Chart is updated and plotted with help of Gann Square and Gann Box .
Safe trades and good luck .
Polkadot(DOT): Looking For Short 👀 DOT is looking for a good entry to move to lower zones, it seems.
After another touch at 200 EMA, the price has bounced back up but remains in between 100 and 200 EMA.
We are monitoring for market price movement here and any potential correction to upper zones or a potential breakdown from 200EMA.
Swallow Team