Bulllish ideaHey all! seems like some of the most important projects can follow SOL and LINK example, leaving the accumulation zones and make some movements in a up trend.
Let's see! target for DOT: 9-10$ aprox
DOTUST trade ideas
DOTUSDT.1DBased on the market data provided, the DOT/USDT pair is currently trading at 5.119 USDT. Let's analyze the technical indicators:
Relative Strength Index (RSI): The 4-hour RSI is at 58.85, indicating a slightly bullish momentum. The daily RSI is at 78.94, which is in the overbought territory and suggests a possible price correction. The weekly RSI is at 52.69, indicating neutral momentum.
Moving Average Convergence Divergence (MACD): The 4-hour and daily MACD are positive, suggesting bullish momentum. However, the weekly MACD is negative, indicating bearish momentum.
Bollinger Bands (BB): The price is near the lower band in the 4-hour timeframe, indicating potential oversold conditions. In the daily and weekly timeframes, the price is closer to the upper band, suggesting overbought conditions.
Support and Resistance Levels: The immediate support levels are at 5.008 and 4.792 in the 4-hour timeframe, and 4.531 and 4.021 in the daily timeframe. The immediate resistance levels are at 5.233 and 5.514 in the 4-hour timeframe, and 5.977 and 6.700 in the daily timeframe.
In conclusion, the technical analysis suggests mixed signals. While the 4-hour and daily timeframes indicate bullish momentum, the weekly timeframe suggests a bearish trend. The RSI is overbought on a daily basis, suggesting a potential price correction. However, the price is near the lower Bollinger Band on the 4-hour chart, suggesting potential oversold conditions. Traders should be cautious and consider both short-term and long-term trends while making decisions. This is not financial advice, and market conditions can change rapidly.
POLKADOT helloo dear trader
polkadot breakout downtrend channel and ready for pump
Dot is always pumped first, then chainlink , but in this bullish market 2023 , the link is pumped first, then dot will be pumped,
polkadot will soon be above 10 dollars.
polkadot one of the best crypto currency project
goodluck
DOT Polkadot Technical Analysis And Trade IdeaWelcome to our DOT/USDT Technical Analysis and Trade Idea. In this video, we will delve into the charts, focusing on the prevailing bearish sentiment found in the weekly (1W) and daily (1D) timeframes. Notably, our charts signal that Polkadot is currently on the verge of a resistance level, a pivotal turning point for this crypto asset. Throughout this discussion, we will explore the fundamental tenets of technical analysis, encompassing vital aspects such as analyzing the ongoing market trend, price dynamics, market structure, and other critical elements of technical analysis. As we progress through this analysis, we will meticulously examine a potential trading opportunity within the NAS100 index.
It is important to note that the insights we share in this presentation are intended solely for educational purposes and should not be construed as financial advice. Participating in the stock market and cryptocurrency trading carries a significant level of risk. Therefore, it is imperative to prudently incorporate robust risk management strategies into your trading plan to effectively navigate these challenges.
DOT/USDT 4HInterval ChartThird, we will check the DOT chart on a four-hour interval. As we can see, the price has broken the downtrend lines, creating a current uptrend which we used the blue lines to describe.
Let's start by marking support points for the price and we can see that first we have a support zone from $4.73 to $4.51, however, if the price drops lower, we can see the price return to a very strong support zone from $4.15 to $3 $.89.
Looking the other way, we can similarly determine the resistance areas that the price must face. And here we see that the price is currently fighting against a strong resistance zone from $4.92 to $5.29, and when it manages to break out of it, it will be able to move towards the resistance at $5.76.
The CHOP index indicates that there is a lot of energy for movement, on the RSI indicator we are approaching the upper limit again, and on the STOCH indicator we will soon exceed the upper limit, which should result in a rebound for the price.
New bullrun with DOT We broke through the inclined level and thereby broke the upward trend, a cascade of levels was formed from above (stops of market participants and high liquidity), before the LTF breakdown, there was manipulation over liquidity, which may indicate a further price increase.
This is a no brainerThis is looking good! I think a long position makes sense, and target to $14~$16 and then about $22~$24
#DOT/USDT is forming the Rising Channel in 4-Hour TF!#DOT/USDT is forming the Rising Channel in 4-Hour TF!
CRYPTOCAP:DOT needs to clear PDH $4.955 to gain the bullish momentum. Wait for BO/retest to long it.
I will wait for PMH $4.6 breakdown to short it.
Conservative trend trade 3RConservative trend trade 3R
+ long impulse
+ 1/2 correction
+ JOC level
+ support level
+ biggest volume 2Sp+
Calculated affordable stop
1 to 2 target
Hourly chart context
+ long impulse
DOT close to resistance but with momentum in its favourDOT need a close above TP1 which will probably happen within next 2 days.
A close there will allow it to attack the trendline and possible further upside.
Will DOT break out?
DOT's price action retests the upper limit of it's 18 month downward channel...
Is momentum slowing down & swinging to the up side?
DOT/USDT | 1d 👀📝 #DOT is in an uptrend on the daily chart; we have tested the trendline and today we are closing with a bullish engulfing candle above the short-term bearish trendline.
🚀 Next move: UP.
📈 Polkadot is looking fantastic.
✅ Stay updated on market news and developments that may influence the price of Polkadot. Positive or negative news can significantly impact the cryptocurrency's value.
✅ Exercise patience and discipline when executing your trading plan. Avoid making impulsive decisions driven by emotions, and adhere to your strategy even during periods of market volatility.
✅ Remember that trading always involves risk, and there are no guarantees of profit. Conduct thorough research, analyze market conditions, and be prepared for various scenarios. Trade only with funds you can afford to lose and avoid excessive risk-taking.
#Crypto #Coins #Polkadot #Trading #DOT
DOT/USDT Upward Momentum ?? Polkadot Analysis Today💎 DOT has certainly piqued our interest, achieving a breakout from the Descending Channel with a notable ascent. It would be beneficial for DOT to undergo a retesting phase initially, ensuring a stable corrective movement.
💎 Without this, DOT might reach the supply zone only to face rejection, subsequently descending to retest at the demand level or the resistance trendline of the former descending channel. However, should it manage to breach the supply zone promptly, DOT probability could advance towards its next milestone, the Bearish OB region.
💎 In the scenario of a strategic retest, it's imperative for DOT to exhibit a bounce or a sign of rejection, striving to re-engage with the supply zone and solidify its position above, thereby validating the breakout.
💎 Conversely, if DOT fails to rally, a troubling development might unfold, where DOT is unable to hold its ground at the demand zone, compromising the subsequent level. This occurrence would signify a false breakout, potentially steering DOT into a downward trajectory towards a robust support zone.
DOT Spot Opportunity Looks like a really good spot Opportunity.
I bought Dot now after retest I will add more position.
And I expect to the moon .
DOTUSDT Elliott Waves Analysis (midterm setup)Hello friends.
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Everything on the chart.
After correction will looking for new long position.
Entry: 5.4 - 5.2
Targets: 5.1 - 5.4 - 5.7
after first target reached move ur stop to breakeven
Stop: ~3.6 (depending of ur risk). ALWAYS follow ur RM .
RR: 1 to 3
risk is justified
Good luck everyone!
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It's not financial advice.
Dont Forget, always make your own research before to trade my ideas!
Open to any questions and suggestions
DOT short term 2% trade possibilityDOT create HH, there is possibility to create first HL on 15MIN timeframe
What will be the fate of DOT?We have a large diametric that has been a Polkadat symbol within this diametric for several years.
We are now in branch E of this diametric. The branch E has become a diametric itself. Now we seem to be in the F branch of E. We expect movements similar to what I drew on the chart.
For risk management, please don't forget stop loss and capital management
Comment if you have any questions
Thank You
DOTUSDTDOTUSDT just broke a trendline on Weekly timeframe.If it manage to hold it as support we can see big rally from it.As beast is consolidating in same range from almost last 2 yrs.It is the one kind of trade that You dont wanna miss. Keep this into ur watchlist as it will melt faces in next coming days or weeeks.
DOT PULL THE TRIGGERHello Traders and everyone, I am Hadi Karaali, Known as SNIPERS_FX
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DOT WHAT'S NEXT!
As we can see price is still around a massive support zone, where we will be looking for new longs as well.
Meanwhile, price is still overall bearish making clean lower lows and lower highs, however, for the bulls to take over, we need a break first above the first major high from a medium-term perspective, then a movement higher would be expected till the upper major neckline.
Moreover, for the bulls to have a shift in momentum from bearish to bullish from a long-term perspective, we need a break above the upper major swing high.
Until that we can start looking for new longs from a short term as we are around a strong support zone.
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!
DOT Lights the Path: Get In on the Buy Action Today!"**Short fundamental analysis of Dot Coin**
Dot Coin is a cryptocurrency that was launched in 2021. It is built on the Polkadot blockchain, which is a multi-chain platform that allows different blockchains to communicate with each other. Dot Coin is designed to be a scalable and interoperable cryptocurrency.
Dot Coin has a number of potential advantages over other cryptocurrencies. First, it is built on a scalable blockchain, which means that it can handle a large number of transactions without becoming congested. Second, Dot Coin is interoperable, which means that it can be used to interact with other blockchains. This makes it a valuable tool for developers who are building cross-chain applications.
Dot Coin is still a relatively new cryptocurrency, but it has already gained a following among investors. The market capitalization of Dot Coin is currently over $1 billion.
**Recent news about Dot Coin**
On October 31, 2023, Dot Coin announced that it had partnered with Chainlink to integrate its oracle network into the Dot Coin ecosystem. This will allow Dot Coin developers to access real-world data in their smart contracts.
On November 1, 2023, Dot Coin announced that it had launched a new bridge that allows users to transfer assets between the Polkadot and Ethereum blockchains. This bridge will make it easier for users to interact with the Dot Coin ecosystem.
**Disclaimer**
I am not a financial advisor and this information should not be taken as financial advice. Please do your own research before investing in any cryptocurrency.
DOTUSDT 3DI'm buying some #DOT at current price and at its supports prices(In case of dump). Wait for the targets.
Dot Breakout ConfirmDOT confirm a breakout by bouncing of the resistance flip support.
once it clear the second resistance we can look for a new target around 10-25+
