Polkadot (DOT) Set for Potential Rebound? Key Price Action Signa👀👉 Despite recent downward pressure, Polkadot (DOT) is showing a bullish break of market structure on the 30-minute timeframe. I’m closely monitoring for a possible buying opportunity, guided by the key criteria discussed in the video. In this analysis, we’ll highlight the critical price action signals to follow and how to strategically position yourself for the next potential move. Disclaimer: This analysis is for informational purposes only and does not constitute financial advice. 📊✅
Polkadotusdt
DOT POLKADOT Technical Analysis and Trade IdeaDOT Polkadot 's recent bullish run has given way to a retracement, offering potential short entry opportunities. Price is approaching a key higher-timeframe support level however, so proceed cautiously and prioritize risk management. Further downside is possible. This analysis is for educational purposes only, not financial advice.
Polkadot - $3 Looms as Sellers DominateHi Traders, Investors and Speculators of Charts📈📉
Polkadot is currently trading 93% under it's ATH. Although this is bad news for most bag holders, the good news is that the bottom is either in - or very close.
There's no doubt that a bullish cycle is overdue, but not just yet. Technical indicators on lower timeframes show bears are still dominating, and there's a chance the price could fall lower once more before the accumulation phase finishes.
Incase you missed yesterday's update on Bitcoin, find it here 📈
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BINANCE:DOTUSDT BINANCE:DOTUSD
DOTUSDTHello Crypto Lovers,
Mars Signals team wishes you high profits.
We are in the daily time frame. The price shows signs of being supported by the S1 line. If this happens, then the first target would be the R1 line and then the R2 line. It is also possible for the price to be rejected from the R1 line and fall back down to the S1 line. If S1 is also lost, then the price would fall further.
Warning: This is just a suggestion and we do not guarantee profits. We advise you to analyze the chart before opening any positions.
Wish you luck
DOTUSDT Possible Head and ShouldersGood Day Traders.
If you like my Idea please give me a follow and a thumbs-up!
- Currently, we are in a nice descending triangle.
- We can see potential Head and shoulders forming within the triangle
- I'll wait for confirmation to drop below the neckline
- trade safe
- smile
- I am not a financial advisor
- make a plan, stick to it
- trade what you are willing to lose
- be safe
- Test your own charts
- be responsible!
- and once again.... Smile
Thumbs up, Follow and Comment
BINANCE:DOTUSDT