DOTUSDT.P trade ideas
Polkadot Short Trade 15Aug 🇮🇳I was waiting for the structure to break and return to the imbalance which was created to get me enter into a short trade. I'm just backtesting the concepts which I'm learning.
2.32% Loss (if made so)
8.57% Profit (might exit before hand)
PolkaDOT ($DOT) shall bounce from here!Looking at the $BTC price movement, it can be seen that Bitcoin will take a small correction, so $DOT will follow. And then it will bounce back from the given range. Daily candle patterns have crossed 21 and 50 SMA, and RSI 14 looks bullish. Wait for the US CPI.
DOT LOOKS BULLISH HEREDOTUSDT
dot simply tested the trendline and there is a good chance it will go up..
So we can take a buy here a minimum of 10% we will get from this trade. And you hold after taking some profit after 10-14%
Grab some DOT/USDTDot is near its support, it can either bounce back from $10.3 or it can surpass $10.3 and bounce at $7.82 and it can reach from $16-$20
Dot update 4 hr TF with supp & resisDOT is now testing the support line of the downtrend channel. A bounce is expected from this support line. If DOT breaks below the $13.74 support area then we see a dump towards the $10.29 major support level. The local resistance is $18.27 area and the major resistance is near $20 area.
Polkadot (DOT) Price PredictionFor Polkadot to be bullish it must have to break the trendline.
You can buy Dot near 16$
#Dot analysis in 4 hr TF with sup. & resisDOT is now again testing the major resistance area. A candle close above $23.23 resistance is bullish and we see more upward movement after it. The support level remains the same. You can add more DOT after the breakout.
Buy Polkadot, Long DOTUSDTPolkadot has started consolidating, indicating the change in the trend (Downtrend).
DOTUSDT is respecting the trendline(RED). Also started to make the W reversal pattern.
RSI is in an uptrend and 50MA also supporting the candles.
Keep the trend line(RED) as the stop loss, For the 1st target of 23.25 DOTUSDT
dot ki jai ho breakout from channel and than took a support at previous resistance now moving ahead
the first resistance ahead will be near 22 be careful there rest aside and party
dot signal for moving for a long term in this channel recently took a breakout and retested too
total market volume is increasing and at a great support picking up dot will be a good choice now
since it is more than 50% low from its all time high we can see good rally in this coin in coming weeks sit tight with sl as per channel
and check our recent post also where we recommended to buy it at 19.2 $
already at 6% profit
💡Don't miss the great buy opportunity in DOTUSD @Polkadot
Trading suggestion:
". There is a possibility of temporary retracement to the suggested support line (19.08).
. if so, traders can set orders based on Price Action and expect to reach short-term targets."
Technical analysis:
. DOTUSDT is in an uptrend, and the continuation of the uptrend is expected.
. The price is above the 21-Day WEMA, which acts as a dynamic support.
. The RSI is at 66.
Take Profits:
TP1= @ 21.03
TP2= @ 23.16
TP3= @ 25.57
TP4= @ 28.46
TP5= @ 30.87
SL= Break below S2
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dot spot buy we can se chart how beautifully its bullish.
the price is in flag and creating a W pattern which can be easily broken if btc is same stable this way
macd and rsi are in bullish sign too if the price test and break the trendline than it will be a nice bullish sign we can go long than
else if it rejects the dot has already created a bearish flag ignoring the W pattern than it will fall so we have short signal than
spot buys can consider to buy here with nice stop loss the price is high chances to rise as btc is getting stronger too and market is green today with nice volume
manage risk according to your need happy trading
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#DOT scalp zone 4 hr TF with sup & resis DOT is now trading near the resistance of $19.1-$19.55 area. DOT needs to break this resistance to turn bullish. The next major resistance is the $23.30-$24.30 area. The local support is $17.60-$17.75 and $16.85-$17.00 area. The market is showing positive moves and we may see a breakout of $19.55 resistance this time. Wait for breakout and confirmation before opening a long position.
dot short opportunitythe chart in 4 hr time frame has created a nice bearish flag pattern with a nice rejection from a trendline the dot price is approaching towards its support which are the chances to break tooo after this nice pumps. analyze and go for trade
DOT TRADING CALL A TRAINGLE CAN BE SEEN
Trade only on retracement not just on breakout!
if it's a fake out we will give free money to the market.
DOTUSDTPER H&S H&S in higher time frames
still waiting for the 3rd target to hit with trailing stop loss
