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DOTUST trade ideas

DOTUSDT: A 2,300% On the wayTechnically, Polkadot has found a concrete static support as shown on the price chart: - 4 USD has been proven to be a pretty solid support: . 1st: On 12 Oct, 20; . 2nd: On 23 Oct, 23 (some 1,092 days later); . 3rd: On 29 Jul, 24 (some 289 days on); . 4th: On 11 Nov, 24 (some 98 days later); - Harmonic Patterns have also been proven their Patternicity potential with 80% accuracy - meaning that Butterfly shape combined with Extension Fibs of 1.618 & 2.618 is going to work. - Dominance of Bitcoin is going to experience its' 1st drop following several years which is going to lead to the 1st Alt Season during a couple of months coming. - Followingly, I expect BTC this time to hit some 150K USD. Then, it is followed by the second Alt Season known as Altcoins' Party! - According to those previously mentioned Static Strong Support Zone depicted on the chart, this time, based on the Elliot Waves Theory/Principle, this bull market DOT is going to experience its' 3rd impulsive wave, and that is why Fibs of 1.618 & 2.618 has been depicted as fairly possible future scenarios reaching some 80 to 140 USD per DOT. - Bearing the last paragraph in mind the Risk/Reward ration is unbelievably high and that is also represented. - DOT's fundamental score, the FCAS, its' entire Para-chain Functionality, as a Relay Chain, utilizing the Sharding Concept, its' healthy Developer Community and the entire ecosystem, we can expect some tremendous outperforming potential for Polkadot. This is not a financial advice at all. I'm still learning. DYOR.
Long
by Morteza-Emzajerdi
12
You Will Not Believe In This Polkadot DOT Target!Hello, Skyrexians! BINANCE:DOTUSDT is one is the most hated coin now because it was introduced as a fundamentally strong crypto on the previous bull run, but on the current bull run it's performance is one of the worst in comparison with other tokens. Today we are going to show you why PolkaDot can be the sleeping giant and despite the great market cap can reach insane targets! Let's take a look at the 1W time frame. If we consider previous bull run as a wave 1, price still has not broken its bottom. It means that DOT is still in the global uptrend. Bear market for this crypto has clear ABC structure which has printed the global wave 2. It has been ended in August 2024 with the green dot on the Bullish/Bearish Reversal Bars Indicator , which is strong long signal with the bullish reversal bar. We expect that wave 3 has been already started and its targets can be measured by the Fibonacci Extension 1.61 and 2.61 levels. The first one is $89, the second $142. Best regards, Skyrexio Team ___________________________________________________________ Please, boost this article and subscribe our page if you like analysis!
Long
by Skyrexio
23
DOT Confirms Bearish Head & Shoulders PatternDOT Confirms Bearish Head & Shoulders Pattern DOT has completed and confirmed a bearish Head & Shoulders pattern. The top of the pattern was reached at 5.83, coinciding with BTC reaching its new all-time high. This decreases the chances of the price rising above this zone. The market remains unstable, and it's possible that DOT may test the 5.00 price zone again before moving down. Considering that BTC has also reached a strong zone, the odds are higher that DOT will continue its bearish movement, with targets at 4.6 and 4.35. You may find more details in the chart! Thank you and Good Luck! ❤️PS: Please support with a like or comment if you find this analysis useful for your trading day❤️
Short
by KlejdiCuni
12
Polkadot —Bottom Catch (2,500% DOTUSDT or 200% BTCUSDT?)Look at the bright side, what do you think is going to happen? Bitcoin is trading at new All-Time Highs and DOTUSDT (Polkadot) is trading near an All-Time Low, what do you think is going to happen? What is going to happen is that Polkadot will wake up —awaken, rise— and is going to grow. This is an amazing opportunity. Once we hit bottom, there is no other place left to go but up. DOTUSDT Technical analysis: Bottom prices and some consolidation, more than three months. We are ready; The market is ready; Bitcoin is ready; Polkadot is ready; Let's go up! Let the whales buy Bitcoin; great for them, let them enjoy 100% or 200% growth. We are buying the Altcoins, at bottom prices; Polkadot has a massive 2,500% potential for growth. Which one do you prefer? What are you trading for? What's your goal? If you want to buy many Bitcoins, use the profits generated from the Altcoins to do so. Bitcoin is for the whales; the Altcoins are for us. Choose wisely. Think smart. Thanks a lot for your support. Namaste.
Long
by AlanSantana
1
DOT trading setupWeekly: long term analysis BINANCE:DOTUSDT CRYPTOCAP:DOT was one of the top gainers of the 2021 altcoin bull run. After more than 95% deep correction during the bear market, DOT exhibited a strong upward price action (+170%) after a rebound on the multi year support line around 3,60$ Strategy Buy signal has been given by the breakout of the 5$ level after a mature consolidation (abcde triangle wave pattern). The breakout has volume and is breaking the upper bollinger band. Objective 1: Next resistance line 6,50$ ( +25%) Objective 2: Multi year resistance line at 10$ (+95%) Objective 3: ATH at 50$ (+900%) Invalidation Mental Stop: A daily close just below the breakout that would invalidate the scenario. This setup proposes a nice Risk Reward If prices retrace to this stop level we will wait for the weekly closing price then set a Stop loss ¼ or Risk below the weekly close price. Risk = Distance between Mental stop and entry point.
Long
by pollux3000
1
DOT: Potential for 10x to 15x Gain!Hello, traders! Polkadot is one project worth considering for the upcoming altseason. Currently, it is at a bottom, holding a support trendline that has remained strong for DOT since its inception, making a rebound likely. We have a resistance trendline around $5.6, and once we break above it, we can expect a bullish rally. Trade setup: ~ Entry: CMP ~ Accumulation: $3.5 to $4.1 ~ Trade type: Spot or with maximum 3x leverage. ~ Period: Long-term. ~ Target: 10x to 15x gain. Note: Always do your own research and analysis before investing.
Long
by Dexter_The_Trader