Will DOT break out?
DOT's price action retests the upper limit of it's 18 month downward channel...
Is momentum slowing down & swinging to the up side?
DOTUSDT.PS trade ideas
DOT/USDT | 1d 👀📝 #DOT is in an uptrend on the daily chart; we have tested the trendline and today we are closing with a bullish engulfing candle above the short-term bearish trendline.
🚀 Next move: UP.
📈 Polkadot is looking fantastic.
✅ Stay updated on market news and developments that may influence the price of Polkadot. Positive or negative news can significantly impact the cryptocurrency's value.
✅ Exercise patience and discipline when executing your trading plan. Avoid making impulsive decisions driven by emotions, and adhere to your strategy even during periods of market volatility.
✅ Remember that trading always involves risk, and there are no guarantees of profit. Conduct thorough research, analyze market conditions, and be prepared for various scenarios. Trade only with funds you can afford to lose and avoid excessive risk-taking.
#Crypto #Coins #Polkadot #Trading #DOT
DOT/USDT Upward Momentum ?? Polkadot Analysis Today💎 DOT has certainly piqued our interest, achieving a breakout from the Descending Channel with a notable ascent. It would be beneficial for DOT to undergo a retesting phase initially, ensuring a stable corrective movement.
💎 Without this, DOT might reach the supply zone only to face rejection, subsequently descending to retest at the demand level or the resistance trendline of the former descending channel. However, should it manage to breach the supply zone promptly, DOT probability could advance towards its next milestone, the Bearish OB region.
💎 In the scenario of a strategic retest, it's imperative for DOT to exhibit a bounce or a sign of rejection, striving to re-engage with the supply zone and solidify its position above, thereby validating the breakout.
💎 Conversely, if DOT fails to rally, a troubling development might unfold, where DOT is unable to hold its ground at the demand zone, compromising the subsequent level. This occurrence would signify a false breakout, potentially steering DOT into a downward trajectory towards a robust support zone.
DOT Spot Opportunity Looks like a really good spot Opportunity.
I bought Dot now after retest I will add more position.
And I expect to the moon .
DOTUSDT Elliott Waves Analysis (midterm setup)Hello friends.
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Everything on the chart.
After correction will looking for new long position.
Entry: 5.4 - 5.2
Targets: 5.1 - 5.4 - 5.7
after first target reached move ur stop to breakeven
Stop: ~3.6 (depending of ur risk). ALWAYS follow ur RM .
RR: 1 to 3
risk is justified
Good luck everyone!
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It's not financial advice.
Dont Forget, always make your own research before to trade my ideas!
Open to any questions and suggestions
DOT short term 2% trade possibilityDOT create HH, there is possibility to create first HL on 15MIN timeframe
What will be the fate of DOT?We have a large diametric that has been a Polkadat symbol within this diametric for several years.
We are now in branch E of this diametric. The branch E has become a diametric itself. Now we seem to be in the F branch of E. We expect movements similar to what I drew on the chart.
For risk management, please don't forget stop loss and capital management
Comment if you have any questions
Thank You
DOTUSDTDOTUSDT just broke a trendline on Weekly timeframe.If it manage to hold it as support we can see big rally from it.As beast is consolidating in same range from almost last 2 yrs.It is the one kind of trade that You dont wanna miss. Keep this into ur watchlist as it will melt faces in next coming days or weeeks.
DOT PULL THE TRIGGERHello Traders and everyone, I am Hadi Karaali, Known as SNIPERS_FX
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DOT WHAT'S NEXT!
As we can see price is still around a massive support zone, where we will be looking for new longs as well.
Meanwhile, price is still overall bearish making clean lower lows and lower highs, however, for the bulls to take over, we need a break first above the first major high from a medium-term perspective, then a movement higher would be expected till the upper major neckline.
Moreover, for the bulls to have a shift in momentum from bearish to bullish from a long-term perspective, we need a break above the upper major swing high.
Until that we can start looking for new longs from a short term as we are around a strong support zone.
If you like this kind of analysis don't forget to like and follow
and as usual follow your trading plan and manage your risk.
Be patient and good luck!
DOT Lights the Path: Get In on the Buy Action Today!"**Short fundamental analysis of Dot Coin**
Dot Coin is a cryptocurrency that was launched in 2021. It is built on the Polkadot blockchain, which is a multi-chain platform that allows different blockchains to communicate with each other. Dot Coin is designed to be a scalable and interoperable cryptocurrency.
Dot Coin has a number of potential advantages over other cryptocurrencies. First, it is built on a scalable blockchain, which means that it can handle a large number of transactions without becoming congested. Second, Dot Coin is interoperable, which means that it can be used to interact with other blockchains. This makes it a valuable tool for developers who are building cross-chain applications.
Dot Coin is still a relatively new cryptocurrency, but it has already gained a following among investors. The market capitalization of Dot Coin is currently over $1 billion.
**Recent news about Dot Coin**
On October 31, 2023, Dot Coin announced that it had partnered with Chainlink to integrate its oracle network into the Dot Coin ecosystem. This will allow Dot Coin developers to access real-world data in their smart contracts.
On November 1, 2023, Dot Coin announced that it had launched a new bridge that allows users to transfer assets between the Polkadot and Ethereum blockchains. This bridge will make it easier for users to interact with the Dot Coin ecosystem.
**Disclaimer**
I am not a financial advisor and this information should not be taken as financial advice. Please do your own research before investing in any cryptocurrency.
DOTUSDT 3DI'm buying some #DOT at current price and at its supports prices(In case of dump). Wait for the targets.
Dot Breakout ConfirmDOT confirm a breakout by bouncing of the resistance flip support.
once it clear the second resistance we can look for a new target around 10-25+
Total C Market Cap, Bitcoin, Ethereum, Sand, GRT, and +1 BonusIn this video I share my view on where the market can go, how much higher from here, and which levels to watch out for
In addition, I review my last episode shared here with an extra setup that Im watching for
Hope you will enjoy it ))
THOT DOT Elliott Wave Count ideasIf you find this information inspiring/helpful, please consider a boost and follow! Any questions or comments, please leave a comment! Also, check out the links in my signature to get to know me better!
Title says it all.
DOTUDST.P Conservative trend tradeConservative trend trade 9R
+ long balance
- biggest volume expanding ICE
+ 1/2 correction
+ support level
+ biggest volume 2Sp+
+ weak test
+ first bullish bar closed entry
Calculated affordable stop
1 to 2 target
Daily chart context
+ long impulse
+ T2 level
+ support level
- unvolumed Sp
+ incomplete test
DOT conservative targetsBINANCE:DOTUSDT
Polkadot most conservative targets
Possible Targets and explanation idea
➡️What we can't know its a timing. Dot now in 27 zone accumulation range
➡️End of bull run was in April/May 2021. I think by end of May 2024 we will hit targets
➡️Hard to say about new ATH for DOT but this is a most conservative targets take profit
➡️Based on my MP indicator we can see MACD div and big money inflow periods for DOT
➡️Time to out of Polkadot will be in orange zones on MP indicator with new bearish DIV
➡️Examples exit time you can find on a chart around October 2021
Hope you enjoyed the content I created, You can support with your likes and comments this idea so more people can watch!
✅Disclaimer: Please be aware of the risks involved in trading. This idea was made for educational purposes only not for financial Investment Purposes.
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• Look at my ideas about interesting altcoins in the related section down below ↓
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Polkadot's Critical Retest: On the Path to $22! 🚀Polkadot (DOT) is entering a crucial phase as it approaches a significant horizontal level and forms a descending wedge pattern, signaling potential growth that could lead to a target price of $22. 🟣💹
The Importance of Retesting Key Levels
In the world of cryptocurrency trading, retesting key levels is a pivotal event. It often serves as a critical turning point that can determine a digital asset's future trajectory.
Polkadot's Journey: The Descent and the Retest
Polkadot's recent price action has formed a descending wedge pattern. This pattern is characterized by lower highs and lower lows, creating a narrowing price range. Within this wedge formation, Polkadot is now conducting a retest of a vital horizontal support level.
The Next Target: $22
With Polkadot's recent performance and the retest of this significant support, traders and investors are looking toward a price target of $22. Achieving this level would validate the bullish sentiment and potentially open doors for further upside.
Trading Strategy: Navigating Polkadot's Path
For those in the crypto trading community, it's essential to monitor Polkadot's price action closely. This may present opportunities based on the retest dynamics and the subsequent potential move to $22.
Conclusion: Polkadot's Journey Continues
As Polkadot retraces and retests a critical level, the crypto market watches with anticipation. In the dynamic world of cryptocurrencies, every move counts. Keep a keen eye on this exciting journey, and remember that market conditions can change rapidly.
🟣 DOT Analysis | 📈 Technical Patterns | 🚀 Crypto Insights | 💡 Trading Strategies
❗See related ideas below❗
Share your thoughts, insights, and predictions. 💚🚀💚
Investments zones for PolkadotBINANCE:DOTUSDT
Here is my targets for investors who have a stable coins and waiting the best golden price for long term.
Everything in -0.18 and -0.27 zones what I've mentioned on a chart is good time to accumulate more DOT
On global daily Histogram since May 2021 drop we can see how price is break new ATH and going almost to the same bottom, but on histogram shows we are really soon can see the bottom and start new alt season to my conservative prices around 70 and 100 usd per DOT
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Where is Crypto positioned? Neutral perspective on the crypto market.
BTC, ETH, TOTAL MARKET CAPS and some ALTS explained.
Stay composed and act accordingly.
FalconFX student
DOTUSDT SHORT setup (Short Term)We can see a perfect setup to make a quick buck on the short term for DOT. it has rejected the support and is now most likely heading towards the lower support on the chart. indicators seem to agree with this analysis. Will update when we reach the TP or SL.
🚧DOT is bullish now🚧 & many Traders don't see it 👀!!!As you can see, the price is in a Broadening wedge. If the price can break this wedge, we can hope that the price will act like a butterfly pattern and the price will grow well.
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Polkadot Flashing Bottom signalKeep a lookout for DOT and other altcoins, there are major bottoming signals flashing for the altcoin market.
Bullish Divergence on all timeframes and 5-waves completed is a sign for me to shift long in my bias.
Not trading advice
Happy Trading
