DOTBuy under 7,1$ and sell at target to reach 3.5 times with DOT
After the medium-term correction waves, DOT is preparing to complete the final steps to enter the price pump
DOTUSDT trade ideas
Are DOT Price Bulls Regaining Their Strength?Polkadot has a market cap of $9.6 Billion and is ranked 14th in the cryptoverse. The volume of the DOT has observed a slight decline while its VM ratio suggests a consolidated trend. DOT price is currently near the value of $6.63 with a gain of 3.34% in the intraday session.
DOT price is currently in a consolidating range and forming bearish patterns on the daily chart. It is currently trading below the 50 and 100 EMA which can act as a resistance for the price. The upside trend of the DOT token price can see a halt near the value of $7.6. Meanwhile the support of the asset price can be observed near $6
The RSI of DOT is currently near 43 with a small positive slope. The overall sentiment of the RSI is bearish in nature.
After absorbing liquidity, DOTUSDT has formed a W pattern🚀💎 Paradisers, #DOT is showing a Break of Structure (BOS) towards a bullish market structure and has formed a 'W' pattern after absorbing liquidity, which increases the likelihood of a bullish move.
💎 This level is also supported by the Fibonacci 61.80% level, which further enhances the bullish probability. However, for confirmation, we need the price to break above the resistance level, after which we can expect a bullish move up to the next resistance levels.
💎 If the price breaks down below the bullish OB level, it will invalidate the bullish structure. In that case, it would be better to avoid it and wait for better price action to form.
#DOT/USDT FORMED DOUBLE BOTTOM The #DOT/USDT market has recently shown a double bottom pattern followed by a bounce. This price action is indicating a potential formation of a bearish shark pattern, suggesting a retest of the 9.5$ liquidity area.
DOT Trade Setup - Polkadot plunged from 11.5$-5.7$ more than 50% drop
- Polkadot Accumulation Zones - 4-6$ looks very solid and valuable to me when I think about it's fundamentals
- Polkadot current trading price is also cheap 30% accumulation from your total accumulation looks good to me
- Polkadot is currently trading at a very good zone however BTC isn't stable and this can fall way more if the WAR situation escalates and the same for BTC drop
DOTUpdated wave D for DOT, as well as updated wave D for most coins that had a crash last night. Having finished calibrating C of 2, this segment will continue with 5 blue triangle waves and then pump to $35 as the previous price target. Good luck
dot for logterm idea to invest in dot with technical point of view dark orange level is strong support resistant level invet with own risk
DOT Sparks Potential Bullish Reversal with Inverse H & S💎 #DOT is currently demonstrating a bullish market structure, notably forming an inverse head and shoulders pattern. This pattern typically signifies a potential bullish reversal.
💎If #DOTUSDT manages to break above the high , it would confirm the breakout and could lead to further upward movement, with potential targets being the next resistance levels.
💎In the event of a pullback, traders may anticipate a bounce from the bullish order block (OB) level, providing support to the bullish bias.
💎However, if the price breaks below the bullish OB level, it would invalidate the pattern and increase the probability of a bearish trend. In such a scenario, it is advisable to exercise caution and wait for clearer price action signals before making trading decisions.
DOTUSDT IDEAHello Trading view Family / Fellow Traders.
I hope you have used and benifited from the previous analysis .
In today trading session we are monitoring DOTUSDT for a buying opportunity,
DOTUSDT UPDATE
Falling Wedge Breakout And Retest Has Already Done Expecting +80% Bullish Move 💹✴️✅
Polkadot Trade Setup - Dot is a robust project and has a strong roadmap for the upcoming years
- I have marked some key areas where you can think about accumulating DOT, kindly consult your financial advisor once as well
- I will personally be investing 80-120k in DOT in this dip because of its underlying fundamentals
- I have marked the important key zones for your reference
- From an investment perspective make sure your horizon is 3-6months and not 3-6 days
- From a Trading perspective 7-8$ can be a solid zone to accumulate DOT as a swing trade
DOT long scenarioDOT is try to break weekly resistance of 10...if sustain more then upper targets can be met soon
DOTtrade long with price target at the arrow. DOT is setting up a beautiful growth wave in zone 1 to prepare for the upcoming pump wave Like LDO
DOT: Bullish Momentum Supported by Breakouts and Patterns💎 DOT has found support within the support zone marked by the 0.618 Fibonacci level and has broken out of a descending channel pattern, forming a W pattern supported by the 200 EMA. Additionally, the price is displaying a Break Of Structure(BOS), further increasing the likelihood of bullish momentum.
💎If the price manages to break above the first resistance area, we can anticipate further bullish movement towards subsequent resistance levels.
💎In the event of a pullback, we may see a bounce from the bullish order block (OB) levels.
💎However, if the price declines below the support level, it could signal a bearish movement for DOT. Nonetheless, given the current bullish sentiment in the overall market, it would be prudent to align with the prevailing trend.
MTF breakout on DOTDot had broken out of a larger trend a few months back and now it has broken out of a smaller trend
PolkaDot $50 Potential as per Chart After BreakoutI am Trying to buy CRYPTOCAP:DOT at every big dip.
Accumulation Zone: $4.50-$5.50
Targets: $20/$30/$50/$70
Polkadot is $50 Potential in Bull Run.
#NFA
LONG TRADE IDEA IN DOTUSDTBased on Structure, Fib and Pattern, it seems like the above marked could be a high probability area to get into a LONG trade in DOTUSDT.
A Simple Long Setup DOTUSDT was on major support on 1 and 4 HR Timeframe.
A simple long swing trade.
Logic - Breakout on bigger timeframe and on retest level.
DOT/POLKADOT Technical PerspectiveDot is a strong project
Dot currently lacks momentum
Do not park your money in DOT if you are looking for short term gains or to take more advantage of this bullish trend in the market
If you are looking to hold this for long then it's a yes to buy it
Dot needs to mitigate and then pierce through it's overhead supply in order to show an impulsive move to 7$
DOT FORMED BEARISH SHARK PATTERN DOT Having high chances of bearish case becoz of bearish shark pattern and bearish divergence . My trader is 4.3$ in bearish.
If it acts bullish by crossing trend line the it is bullish flag. So my traget is 6.5$
DOT/USDT Scalp Chart Analysis for ScalpDOT/USDT Scalp Chart Analysis
Current Price: $5.19
- Anticipating a solid 8-10% upward surge!
- Strong support at $5, eyeing an entry between
$5.0-$5.20.
- Targets: $5.48 & $5.72.
- Set Stop Loss at $4.90 for risk management.
DOT/USDT's Inverse Cup and Handle: Bearish Hints or Reversal ?💎 Paradisers, let's zoom into DOT/USDT on the daily chart. It's sketching out an inverse cup and handle formation. Interestingly, the handle's peak faced resistance at the Fibonacci's 0.5 level, bolstering the bearish narrative. The cup's top showcases a Lower High (LH), while the handle's peak indicates a Lower Low (LL).
💎 If DOT/USDT breaches the demand threshold of 4.100, we're forecasting a descent towards the subsequent demand zones at 3.383 and potentially even 2.934. However, keep your radars on! If the price surges past the handle's peak at 5.974, it would invalidate our pattern. Stay sharp and navigate wisely, ParadiseSquad!
DOT double bottom on weeklyDOT 1W made double bottom bounce only if breaks the resistance cluster cofluence of trendline resistance and horizontal at $5.76 bullish for mid term targetting $10.26. Stop risking if price dumps below $4.87
