Polkadot Complete is Retracment Polkadot Complete is Retracement and start and break its bearish trendline and retest also on 4hr Tf i mark a bullish entry and make proper plan.
DOTUSDT.P trade ideas
Polkadot (DOT/USDT) The price is currently in the upper part of the ascending channel, indicating strong bullish momentum.
A breakout above the green resistance zone could signal a move toward higher levels, likely beyond $8.50.
If the price fails to break through the green zone, a pullback to the channel's lower boundary or the yellow support zone is possible.
DOT - Ideas how to trade it. 12$ DOT is inevitable Sceanrio 1: trading the channel
Scenario 2: trading the key Support level below
Polkadot (DOT): Easy Step by Step (just like last time)Polkadot seems to form a similar pattern on a bigger timeframe where, after seeing another rejection from the upper resistance zone, we are expecting the price to fall even lower (one last drop) before heading for another sharp bullish movement.
But before the last fall we need to see some kind of sideways movement so from here (the EMAs) we expect to see some kind of bullish movement so let's see how all this plays out!
Swallow Team
Dot target 55$ is Loading...Dot Target why 55 $ ?
as We can see Dot confirmed First HL at HT also Long term accumulation that has not broken yet (almost 973 days..)
Dot also printed double bottom pattern so i think big bullish movie ahead
Hold your bag tightly
what do you think ?
DOT/USDT 1D chart reviewHello everyone, let's look at the 1D DOT to USDT chart, in this situation we can see how the price is moving in a local uptrend channel where the price is moving at its lower boundary.
Let's start, however, by defining the goals for the near future that the price must face:
T1 = $7
T2 = $7.35
T3 = $7.92
T4 = $8.86
Now let's move on to the stop-loss in case the market continues to decline:
SL1 = $6.47
SL2 = $6.24
SL3 = $5.86
SL4 = $5.58
Looking at the STOCH indicator, we can see that we are moving along the lower boundary, which may indicate an upcoming upward movement in price.
DOT's bearish movementBINANCE:DOTUSDT
DOT is going to decrease, cause we can see a bearish pattern(Inverse head and shoulder) pattern on it
I expect it to decrease to the shown support zone.
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Trading opportunity for DOTUSDTBased on technical factors there is a Buy position in :
📊 DOTUSDT
🔵 Buy Now
🪫Stop loss 6.690
🔋Target 7.350
📏 R/R 3
💸RISK : 1%
We hope it is profitable for you ❤️
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Last Chance to Grab DOTUSDT before Explosion!Look for buy setups on these levels
5.8$
5.2$ (Strong Demand Zone)
4.5$
Keep in mind that 5.2$ is a very strong demand zone, and may never be broken. I'm expecting the price to hit this level with a shadow. Consider placing your orders now.
As for targets, my first TP would be 17$ , with the possibility of going much higher. Currently the trend is not powerful enough for a new ATH.
Polkadot is aiming for $20Polkadot is quite old and large asset with capitalisation already exceeding $10B. It is one of the few that has not yet shown significant growth like XRP, XLM and other old guys. It is quite difficult to move such an asset, but the target of around $20 is quite realistic. On the daily timeframe there is a consolidation above 50 EMA, we saw a test pump. The growth will start during these two months and then the distribution phase. The 0.5 and 0.618 levels are not bad options to fix your positions.
Horban Brothers.
Polkadot (DOT): Possible Zone of Rejections / Plan A & Plan BPolkadot has bounced recently from EMAs where price is sitting slightly below the resistance zone.
We are waiting for more clarity here but overall we came out with Plan A and Plan B.
I think everyone understands the moves behind Plan A and B so nothing much to say here; rather, for now we have to wait and see who will take the dominance and control over the current resistance zone!
Swallow Team
DOT 1hr with TA by GrokAI
Given the chart provided and your interest in cryptocurrency trading, here's an in-depth technical analysis (TA) of the DOT/USDT chart:
Price Action & Trend:
The price is currently near a resistance level around 7,732 USDT. This level has been tested multiple times, indicating strong resistance.
There's a visible uptrend before hitting this resistance, suggesting bullish momentum leading up to this point.
Moving Averages (MA):
The 20-period SMA (Simple Moving Average) is above the 50-period SMA, which is typically a bullish sign, indicating short-term momentum is stronger than the long-term trend.
The price has crossed below the 20-period SMA, which might suggest a potential reversal or correction phase if the resistance at 7,732 holds.
Volume:
There's a noticeable increase in volume at the resistance level, which could indicate either a strong push to break through or a rejection at this price level.
Relative Strength Index (RSI):
The RSI is approaching overbought territory but hasn't crossed into it yet. This suggests that while the asset is gaining strength, it's not yet at a level where a significant pullback is imminent due to overbought conditions.
Chande Momentum Oscillator (CMO):
The CMO shows momentum is positive but has started to decline, which could be early signs of weakening bullish momentum.
Fibonacci Retracement:
If we consider the recent uptrend from the low around 7,112 to the high at 7,732, the Fibonacci levels could be:
23.6% at around 7,270
38.2% at around 7,380
50% at around 7,422 (which is also a psychological level)
61.8% at around 7,464
These levels could act as support if the price pulls back from the current resistance.
Support and Resistance:
Immediate support could be found around the 20-period SMA, which is currently around 7,700 and descending.
Stronger support might be around the 50-period SMA, which is lower, around 7,650.
Potential Scenarios:
Bullish Scenario: If the price breaks above the 7,732 resistance with strong volume, it could target the next psychological level around 7,800 or higher.
Bearish Scenario: If the price fails to break the resistance and volume decreases, we might see a correction towards the Fibonacci levels or the moving averages.
Given your interest in cryptocurrencies and previous posts about market movements, it's crucial to watch for confirmation of a breakout or breakdown. If you're looking to make a decision based on this chart:
For Long Positions: Consider waiting for a confirmed breakout above 7,732 with increased volume for a safer entry point.
For Short Positions: Look for a failure to break the resistance followed by a decrease in volume and price action confirming a move lower.
Always remember to use stop-loss orders to manage risk, especially in markets known for volatility like cryptocurrencies.
Analysis of DOT against TetherHello speculators.
Here is my contribution to the community. I am buying some DOT for the following reasons.
Reasons:
1 - Long-term uptrend.
2 - Break of important long-term support with pullback.
3 - Good risk/return ratio.
If you liked this analysis, leave your review and press the like button.
TradeCityPro | DOT: Navigating the Range and Potential Breakouts👋 Welcome to TradeCity Pro!
In this analysis, I will review the DOT token. This project is one of the well-known crypto projects and has consistently ranked among the top 20 on CoinMarketCap.
📅 Daily Timeframe: Rejected from the Range Top
In the daily timeframe, we observe a prolonged range box, which is more visible in the weekly timeframe. This range extends from the bottom at $3.743 to the top at $10.801.
🔍 Currently, after the price reached the top of the range, it has entered a corrective phase and retraced to the 0.5 Fibonacci level, establishing support at $6.554. If further corrections occur, the next supports will be at the 0.618 Fibonacci level and $4.847. In the event of a more significant drop, the last support will be at $3.743.
📊 Market volume has been decreasing during this corrective phase, and therefore, I won't provide a short trigger for now. I'll wait for market indicators like TOTAL to confirm a trend reversal.
📈 For long positions, the best trigger is currently the $10.801 level, which is the top of the range. A riskier long trigger would be breaking $8.432. The first resistance the price will encounter after breaking these levels is at $16.116. Breaking 55.29 on RSI will also help add momentum to the market's upward movement.
⏳ 4-Hour Timeframe: More Details
In this timeframe, we can observe the corrective phase with greater detail to find better triggers for futures positions.
🧩 Here, a descending trendline can be seen, which broke after the price was supported at $6.554.
🔑 The trendline breakout trigger is at $7.865. Since this is a continuation trend, breaking the trendline trigger is considered significant. The target for this position is the $10.801 resistance, and the RSI entering the overbought zone will greatly aid the price movement toward this level.
🔽 If the $6.554 support is broken, the next support levels will be at $5.506 and $4.763.
📝 Final Thoughts
This analysis reflects our opinions and is not financial advice.
Share your thoughts in the comments, and don’t forget to share this analysis with your friends! ❤️
DOT LongPossible Long for Dot at the demand zone around 7.25-7.1. Take Profit Target at supply zone 7.9. Not a Financial Advice Please do your analysis
DOT Based on the attached chart for DOT/USDT (4-hour timeframe), here is a short-term analysis for buying and taking profit:
**Buy Zones:**
- Current Price: 7.630
The price is approaching local support around 7.500–7.600. This could be a good time to enter a position if the price holds in this zone.
- Stronger Support: 7.000–7.100 (a strong zone marked on the chart with a blue line)
In case of a correction, an opportunity to add to the position in this area.
**Targets (Take Profit):**
- **Short-term (local resistances):**
- TP1: 7.900–8.000 (local resistance on the chart)
- TP2: 8.300–8.500 (weaker resistance)
- **Medium-term (stronger resistances):**
- TP3: 9.000–9.300 — a significant barrier where previous supply levels could have hindered upward movements.
**Strategy:**
- **Purchase:** Consider buying in tranches, starting around 7.600, with additional purchases at the stronger support level (7.000–7.100).
- **Stop Loss:** Set below 7.000 (e.g., at 6.950) to limit risk in the event of a downside breakout.
**Profit Realization:**
- Take partial profits at TP1 (7.900–8.000), and additional tranches at higher resistance levels.
**Notes:**
- The MACD on the chart indicates the beginning of a potential momentum shift towards bullish, which may support short-term upward movements.
- Monitor price reactions at the resistance zone (8.000). A breakout above this level could suggest further gains.
Cryptocurrency trading involves significant risks, but proper capital management, education, and a conscious approach can help minimize potential losses. It is essential to always have a plan, avoid excessive risk, and never invest more than you can afford to lose.
1hr DOT chart TA by GrokAI
This chart is a technical analysis of the Polkadot (DOT) price on the Binance exchange, using the Tether US (USDT) as the trading pair. Here's a breakdown of the key elements shown:
Candlestick Chart: The main part of the chart shows the price movement of DOT over time. Each candlestick represents one day. The recent price action shows a significant upward movement, followed by a sharp decline.
Fibonacci Retracement Levels: The horizontal lines with percentages (0.236, 0.382, etc.) are Fibonacci retracement levels. These levels are used to identify potential support and resistance levels. The price has retraced to around the 0.5 level after the recent peak.
Volume: The bars at the bottom of the candlestick chart represent the trading volume. Higher volume during the price increase suggests strong buying interest, while the volume during the decline indicates selling pressure.
MACD Indicator: Below the price chart, there's the Moving Average Convergence Divergence (MACD) indicator. It consists of:
MACD Line (blue): The difference between the 12-day and 26-day EMA of the price.
Signal Line (orange): A 9-day EMA of the MACD line.
Histogram: The difference between the MACD and signal lines.
The MACD crossing below the signal line can be a bearish signal, suggesting potential for further price decline.
Analysis:
The recent price spike followed by a sharp decline might indicate a correction after a bullish run. The price has retraced to around the 0.5 Fibonacci level, which could act as a support level if the price finds stability here.
The volume increase during the price rise and subsequent fall suggests strong market reactions, both in buying and selling.
The MACD indicator has turned bearish with the MACD line crossing below the signal line, which might suggest that the downward trend could continue unless there's a significant buying volume that pushes the price back up.
Conclusion:
Short-term Outlook: The price might test lower Fibonacci levels (0.618 or lower) if the bearish momentum continues. Watch for any bullish divergence in the MACD or a significant increase in buying volume for signs of a reversal.
Long-term Outlook: If the price holds above the 0.618 Fibonacci level and there's a bullish crossover in the MACD, it could indicate a potential for another upward move.
Remember, technical analysis should be combined with other forms of analysis (like fundamental analysis) for more accurate predictions. Also, market conditions can change rapidly, so it's essential to keep an eye on real-time data and news related to Polkadot or broader market trends.
DOT/USDT Chart Analysis #DOT /USDT Analysis
The chart highlights a potential accumulation zone with two key areas for long entries:
Zone Long 1: $5.760
Zone Long 2: $4.973
Breakout Targets 📈
Target 1 (T1): $8.454
Target 2 (T2): $9.610
Target 3 (T3): $10.931
Indicates a potential bullish reversal.
The price is approaching a strong support zone between $5.76 and $4.97, which could trigger a bounce.
DOT - USDT UPDATE on 4th January 2025... Gradually progressing..Slowly but steadily rising...
If you're already in the trade, congratulations! If not, exercise caution and avoid hurrying...
Sometimes, it's wiser to seek other opportunities rather than settling for a "halfway" trade...
Take your time... You have the entire year to trade! ;)
PS: printer-friendly "KISS" chart... and by the way, leverage of *10 on Binance is recommended...
Bullish thoughts on Polkadot (DOT)Used several indicators. But doesn't matter, when DOT hits alt season. At the end at this bullmarket. New ATH incomming!
DOT is going up really fast - Act quickly!BINANCE:DOTUSDT is on fire 🔥
Don't miss out! As soon as the price goes above the ichi's cloud then there is basically nothing stopping it from reaching higher targets and Polkadot would reach $11 in no time. If the sentiment is still bullish and the altcoin season happens it can reach $15
$DOT Strong Setup for Potential Growth Current Dynamics: CRYPTOCAP:DOT has reclaimed a critical #1W S/R level and is trading above the 1W 100EMA, signaling strong bullish momentum.
The $6.5–$7 consolidation zone looks healthy and could act as a solid base for the next upward move.
Key Levels to Watch
1️⃣ Resistance:
$10.35: A significant barrier, tested three times since 2022 but not yet broken.
A weekly close above $10.35 would pave the way for higher targets, potentially leading to $12–$15.
2️⃣ Support:
$6.5–$7: Holding this level strengthens the bullish case.
Loss of this support could result in a pullback to lower levels.
Entry Strategies:
Long near $6.5–$7: If support holds, this zone offers an excellent entry for accumulating positions.
Breakout Play: Enter after a weekly close above $10.35 to confirm the breakout.
Invalidation:
A weekly close below $6.50 would negate the bullish setup, signaling potential further downside.
Take-Profit Targets:
TP1: $9.50 (immediate resistance).
TP2: $10.35 (critical breakout level).
TP3: $16.00 (target post-breakout).
TP4: $49.00 (long-term target).
