Dotusdt Analysis In 1 Hour Time Frame Date 3/12/2024Dotusdt Analysis In 1 Hour Time Frame Date 3/12/2024
Buy Zone : 9.247
Stoploss : 8.988
Take Profit : 10.374
Waiting for the retest and the confirmation
DOTUST trade ideas
$DOT continues to move confidently towards the target of $22 The #Polkadot
cryptocurrency demonstrates steady growth dynamics, following the target price of $22. The increased interest in the DOT ecosystem is due to its technological advantages, including spending and support for decentralized applications. The token is also in long-term accumulation.
Investors and traders continue to show confidence in the project, which is reflected in the increase in trading volumes and the growth of quotations. If the current momentum continues, reaching the $22 target may become a reality in the near future.
We keep an eye on the charts and news so as not to miss the key moments! 💹
DOT long IdeaHello traders i Hope you are doing well its long dot setup where i mentioned how much you can close its important to look if Dot 4HR candle closed below 8.024 then trade is no valid wicks are fine
you can long and take partials with time to time as its marked
But once tp1 reached Sl breakeeven
thanks
DOT/Usdt ---->buy stop position at 6.5 $DOT/Usdt ---->buy stop position at 6.5 $
tp1 : 7.1
tp2 : 7.9
don't forget money management
be profitable
DOT coin market structure analysis on weekly time frameWeek swing is bullish => current is pull back
Current price is in weekly demand zone.
Therefore, we look for buying opportunities in this area
$DOT Price Surge Incoming!! 20-43% moveCRYPTOCAP:DOT has been sleeping for so long! People thought it was dead... That changed. It has nicely broken out and retested and is ready to break the previous highs. I am Long after the push above the 200 day MA on the daily TF. Probabilities are high that it will touch the bearish OB above.
Entry: $5.4
TP1: $6.45
TP2: $7.1
TP3: $7.7
SL: $5.1
Potential gain: 19-43%
NFA and always do your own researched.
Happy trading :)
SPOT DOT LONG 29.11.2024🎯Purpose:
11,814
‼️We enter at 0.5% of the allocated money for spot trading.
Polkadot Ecosystem Growing Up! Target: U$ 28,00The Polkadot ecosystem is a multichain network created to connect independent blockchains, enabling interoperability and information sharing among them. Created by Ethereum co-founder Gavin Wood, Polkadot uses an innovative architecture that includes the use of Relay Chains, Parachains, and Bridges to provide scalability of technical resources, shared security, and decentralized governance, allowing constant improvement updates to be made without hard forks.
Some of the projects within this network include Astar Network ( RUS:ASTR ), Manta ( OMXHEX:MANTA ), Moonbeam ( SEED_DONKEYDAN_MARKET_CAP:GLMR ), Moonriver ( SEED_DONKEYDAN_MARKET_CAP:MOVR ), Hydration ($HDX), and Bittensor ( GETTEX:TAO ).
Why DOT +20%, next month ?Polkadot (DOT) is a blockchain protocol designed to enable different blockchains to interoperate and share information securely. It was created by Dr. Gavin Wood, a co-founder of Ethereum, and aims to solve issues related to blockchain interoperability, scalability, and security. DOT is the native cryptocurrency of the Polkadot network, and it serves multiple purposes, including network governance, staking, and bonding for creating new parachains (parallel blockchains).
Why DOT Might Increase by 20% in the Next Month:
Parachain Auctions and Deployments:
Polkadot's unique architecture allows multiple blockchains (parachains) to run in parallel and interoperate. If significant parachain auctions or deployments are planned, investor interest in DOT could spike as more projects build on the Polkadot network, leading to increased demand for DOT.
Ecosystem Growth:
Polkadot's ecosystem has been expanding rapidly with new projects, decentralized applications (dApps), and partnerships. A surge in ecosystem activity could lead to a higher demand for DOT, driving up its price.
Staking Rewards:
DOT holders can stake their coins to support network security and earn rewards. As staking continues to be an attractive option for investors seeking passive income, demand for DOT could increase, pushing its price higher.
Market Sentiment:
Positive market sentiment and broader cryptocurrency market rallies often influence the price of major altcoins like DOT. If the overall market trends upwards, DOT could benefit from this momentum.
Technical Indicators:
If DOT shows bullish technical indicators such as a breakout from a key resistance level or positive momentum on the charts, traders might anticipate further gains, leading to a price increase.
Regulatory Clarity:
If there is positive news regarding cryptocurrency regulations that favor blockchain projects or improve market conditions, DOT could see a significant price increase.
While these factors could drive DOT’s price up by 20% or more, it's essential to remember that cryptocurrency markets are highly volatile, and predictions can be uncertain. Always do thorough research and consider the risks before making investment decisions.
DOTUSD Long PositionTrendline Break: DOTUSD breaking above a significant trendline suggests that selling pressure has decreased and buyers are gaining control. This is often an early indication of a trend reversal or the beginning of an uptrend.
Accumulation Phase Complete: DOTUSD has completed an accumulation phase, this implies that buyers have been steadily accumulating positions at a base level, absorbing selling pressure. Accumulation phases typically occur after a downtrend and precede a new uptrend, making this a strong bullish signal.
Polkadot (DOT)Comprehensive Analysis of DOT
📊 Comprehensive Analysis
🔍 General Overview
The DOT cryptocurrency, after experiencing a prolonged downtrend, entered a descending channel but recently broke out of it to the upside. Currently, the price is retracing to test the broken channel's trendline while facing a critical weekly resistance zone (red area). The high trading volume in this zone suggests increased investor activity and the potential for the uptrend to continue.
🕰 Weekly Timeframe Analysis
🔸 Current Situation
Breakout from the Descending Channel: The price successfully broke above the long-term descending channel with strong volume.
Weekly Resistance: The price is now encountering a key red resistance zone, a critical level for determining further movement.
🔸 Bullish Scenarios
First Target: If the price stabilizes above the red zone, the next target could be the all-time high (ATH) of DOT.
Parabolic Move: Market excitement and the breakout of key levels may trigger rapid upward movement.
🔸 Risks
RSI Divergence: The RSI indicator indicates overbought conditions. The price may encounter resistance near the top of the RSI channel, potentially leading to a correction.
📈 Indicator Analysis
🔹 RSI (Relative Strength Index)
On the weekly timeframe, RSI is nearing overbought levels.
A breakout of the RSI's ascending channel top could trigger further bullish movement.
🔹 Volume
Increased trading volume during the channel breakout validates the upward move.
🎯 Price Targets
Short-Term Target: Testing and stabilizing above the red zone resistance.
Mid-Term Target: Achieving the all-time high (ATH).
Long-Term Target: Reaching over-extended RSI levels.
💡 Summary and Final Notes
Technical analysis indicates that DOT is well-positioned for a bullish continuation. However:
Breaking key resistances (red zone and the RSI channel top) is critical.
Failure to break these levels might result in corrections toward lower supports (midline of the channel or weekly support).
📌 Recommendation
Always apply proper risk and money management, and ensure your decisions align with personal research and due diligence.
DOT - analysisWe have here two possible scenarios. I preffer the first one which is drop to 7.6$ and then UP. This would be supported by 50MA. Sceond one is no big drop and again UP to remove shorters at 11.5$. Because I dont know what will happen I oppened smaller long position and I will be adding more if the price will go lower - still the trend is UP. Regards.
POLKADOT SWINGWaiting Entry Levels for swing trade POLKADOT
Possible next impulse 14$ If we break 10$ AREA
DOT with Wyckoff "Spring" fake-outDOT is still in a downtrend, don't be fooled by the recent break out where it hit $8.40. The drop should bring DOT in the $5 range.
REJECTED! DOT gets turned away at the door of 2 SigmaCan DOT grind back up over the holidays or will it get rejected again before the final alt season?
$DOT possibility I'm still here and in the background.
Its good to look back at some of ideas even from 2019
I do more swing investing now. Lot easier and you can win
I'll be posting a few ideas
DOTUSDT | Buy Now, Thank Later | Near Term (4HR)DOTUSDT | Buy Now, Thank Later | Near Term (4HR)
Its Ready to Go. All the OG's have popped off. DOT is ready.
BTCUSDT | Alts Poised to Explode | Near Term (2H)
MYRIAUSDT | Interested to see where this goes | Mid Term (2D)
Mock Up Price Action for VRA w/ Timeline | Mid Term (3D)
Mock Up Price Action for XCH | Mid Term (12HR)
OGNUSDT | Interested to see where this goes | Mid Term (3D)
Mock Up Price Action for CSPRUSDT | Near/Mid Term (2D)
VIDTUSDT | Interested to see where this goes | Mid Term (3D)
RAREUSDT | Interested to see where this goes | Mid Term (3D)
Mock Up Price Action for ALGOUSDT | Mid Term (12HR)
DOT easy 2x swingDot and "boomer" tokens have taken a massive leg up here as BTC approached 100k. As we pull back I look to the golden pocket highlighted by the rectangle for a heavy buy zone. My PT1 is marked in yellow, and PT2 in green. This cool off is needed for continuation. I will be adding heavily as we approach 7.5$. I believe this will play out rather quickly in later December, Jan.
Summary:
Short-term bearish looking for a buy zone under 7.5$.
PT1= 11.8$
PT2= 16.1$
Remember this is a weekly chart, it will take time to play out.
DOT i open long position on dot for long term wait for trendline breakout target 6.8 to 10 and stoploss 2.8
Polkadot DOT price has been “resurrected”Even “marketing promising deadens” such as CRYPTOCAP:DOT are coming back to life)
The price of OKX:DOTUSDT has entered the sales zone of $10.30-12.20, so be careful and attentive.
Those who like to “tickle” their nerves and patience can bribe #Polkadot from $12.40 to $17.40
Well, the true holders can "believe and wait" for #DOT again at $42, though per which route and when is an open question.
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