DOTUST trade ideas
DOT : Potential ABC CorrectionDOT/USDT Daily Chart, potential ABC correction ( Wave2).
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DOTUSDT#DOTUSDT 4H
The current price of the dot is $7.65. Considering that we have the compression of the candles in this area, if it breaks up with a strong candle and a whale, it will break the yellow trend line and the resistance of $8, and target 1 with 10% profit in It is available. If the upward trend continues up to target 3, we may have a price increase. Pay attention to the risk range that we showed with the red arrow, because below this area equals a heavy fall.
Technical analyst: Amir Hassan Salek
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DOT/USDT Could DOT breaking out of the Daily Resistance ???💎 DOT's market dynamics have been quite engaging recently. At present, DOT has shown resilience, bouncing back from the demand area and marking its recovery with a strong green candle.
💎 This upward trend is now poised to challenge the daily resistance area. Historically, DOT has faced significant rejections upon reaching this zone. However, a successful breach of this resistance could herald a bullish phase, potentially easing the path towards our designated strong resistance target.
💎 Conversely, should DOT fail to overcome the daily resistance barrier again, it may be inclined to revert downwards, heading back towards the demand zone. This downward trajectory could be more pronounced due to the diminishing momentum.
💎 If DOT cannot maintain its stance above the demand level, the likelihood increases for a descent towards the Bullish OB area, or possibly further down to the strong support area. This scenario would indicate a bearish trend for DOT, necessitating close observation of its support interactions.
DOTUSDT # 001 ( chance for bullish Rally on Alt season ! ) Hello dear traders.
Good days .
Within long time bearish Move , finally DOTUSDT start Bullish move .
On Weekly Gann Square time Frame , 2nd Arc resistance Broken and retested .expected to DOTUSDT grow to the 0.618 or 0.75 Gann Box Fib a level .
Total market is bullish , specially Alt coins have good chance grow enough ..
Chart and rapid map is plotted with help of Gann Square and Gann Box.
Good luck and safe trades.
Thanks for your support and comments.
DOT Bearish Forecast ☁️; BTC, ETH Bullish, ☀️ OutlookBullish skies ☀️ grace the global crypto market for the next 24 hours! Upside potential beams for Bitcoin and altcoins as the SEC approves the first spot Bitcoin ETFs. A very bullish forecast for Ether, with a market correction on the horizon. 🚀
ATTMO predicts a sunny week overall, but watch out for bearish clouds ☁️ looming over Polkadot, signaling potential downside risks.
Stay weather-wise in the crypto world and follow us for more crypto weather reports!
DOT - correction incoming? [By Ivan | Skyrex]Hello, everyone!
BINANCE:DOTUSDT demonstrated great pump yesterday. But this pump is not gonna be forever. We can see the early reversal sign right now. 5 Elliott waves structure has been completed and Awesome Oscillator has a bearish divergence. We have a clear correction target is 0.38 Fibonacci, equals $6.3.
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DOTUSDTDOTUSDT is trading in descending channel and printing consistent LLs LHs. Recently the price is broken the important support zone and now retesting the broken level, which is also the 50% Fib retracement level.
If the sell momentum continues the next target could be 5.50
What you guys think of this idea?
DOT - This time is different?DOT is another asset I trade maybe once or twice a year - I gave up trading it after the 2021 top and I saw many people got burnt trying to long it over the past few months since bitcoin's 15k bottom.
I still prefer lower targets, but time is at an important place so I might be too greedy to wait for it. Still, if lower targets comes within this week and the next, it can be a good buy hodl for mid to long term.
#DOT/USDT LONG#DOT
We have had a Down flag since May 2022
The price respected the limits of that channel to a great extent
Now we have a breakout of the boundaries of that channel to the upside with a break of the Moving Average 100 up
Price 5.55
First target 7.38
The second goal p.17 9
We are oversold on the MACD and bullish supported by buying momentum
What is DOT's next move?The large wave B of the DOT symbol is over and we are now in an ascending C wave
Wave a consists of C and now we seem to see a correction for wave b of C The green range is the rebuy zone, which consists of two FLIP lines
Closing a weekly candle below the green range will violate the analysis
For risk management, please don't forget stop loss and capital management
Comment if you have any questions
Thank You
$DOT - SHORT SET UPDot hit the 2.618 FIB level and is retracing back down, it crucial for the price to hold above $6.64 support level for it to continue its uptrend.
Other wise if broken there might be a small dump from $6.64 (would be a good entry) to $5.9 (TP 1) which we can generate good gains from shorting.
So watch the support level mentioned and make sure you place a tight stop loss above $6.64 just in case CRYPTOCAP:BTC decided to pump.
TP 2 would be around 5.704.
Ps: CHANGE UR STOP TO ENTRY IF TP1 HITS.