Polkadot (DOTUSD): BINANCE:DOTUSD For Polkadot, we are setting our entry on the daily chart for a potential Wave 2. We expect it to reach between 61.8% and 78.6% because we don't believe the correction has been completed yet. We're leaning towards the idea that we're dealing with a Wave ((a)), as a closer look suggests we're seeing a five-wave downward...
In this daily DOT/USDT chart, we’re looking at a longer-term perspective of the price movement. The use of trend lines suggests a potential channel or wedge pattern forming, which is a common occurrence in markets and typically indicates areas of support and resistance that traders pay close attention to. The RSI is at 42.52, edging toward the lower end of the...
The dot currency has gone through a complete correction cycle, and now it can break the downward structure after the first swing and pullback and move according to the direction. We can say that the current scenario has had an upward movement, considering A, and now wave B has ended, which will be confirmed by the failure of the swing.
📊 Analysis: Support Opportunity: DOT is currently trading at a support level, offering a potential entry point for a long trade. Laddering Strategy: Plan to enter gradually into a long spot trade between $8.00 - $8.50 to capture the bounce from support. Take Profit Targets: Aim for take-profit levels at $9.50 - $10.00 or $11.30 - $12.00, considering potential...
Polkadot (DOT) has also fell below the 20-day EMA & 50-day EMA on April, 2nd. Previous support level for DOT has been broken at: $8.67. A daily candle is going to close bellow this support level and both EMA's which is extremely bearish short term. Due to this, bears could push the price action down towards to around $8.20 area. However, If Polkadot bulls can...
Hello everyone, let's look at the 1D DOT to USDT chart as we can see that the price is moving below the local downtrend line. Let's start by setting goals for the near future that we can include: T1 = $9.67 T2 = $10.53 T3 = $11.89 AND T4 = $12.86 Now let's move on to the stop-loss in case of further market declines: SL1 = $8.22 SL2 = $7.23 AND SL3 =...
Dotusdt has recently experienced a breakout followed by a retracement, indicating potential upward momentum. With signs pointing towards new highs, entering for the long term could be promising. However, it’s crucial to maintain a disciplined approach by implementing a stop loss to mitigate risks along the way DOTUSDT (1D Chart) Technical analysis DOTUSDT (1D...
Notes on chart, but I've been watching this beast for months now and it has shown massive relative strength time and time again. Absolutely going higher in my opinion, bullish high time frame price structure. Maintaining HL's and still within its local range. I do like to note the previous range as well as I think it has some influence still. Reclaim above...
it Good eco system that DOT want to with the crypto ecosystem. the price is so cheep for DOT now
DOT Setup. After a confirmed breakout from the marked zone in green, we could take an entry at 9.985. Remember stop loss is your friend. Everything is on the chart. Entry 9.985 S.L 9.389 T.P 1 10.444 T.P 2 11.062 T.P 3 11.810
🎯 Entry Point: Long spot trade at the break and retest of $10.00 resistance on a 4HR candle. 🎯 Take Profit Levels: First target: $11.30 - $12.00 Second target: $16.00 - $17.00 🛑 Stop Loss: Just below $9.50 to manage downside risk. 📊 Strategy Rationale: Taking advantage of breakout momentum with a confirmation retest strategy. Targets set at key resistance...
DOT ( provided on Live Stream ) 4hr chart with bullish divergence on the daily histogram broke above resistance ... enter at current price add on retest white circles = entry ideas target 11.398 stop loss 9.239 Market Cap 13.9B Layer 1 Not Financial Advice
DOT/USDT is at a Buying Zone: This suggests that according to your analysis, the current market conditions favor purchasing DOT with USDT. Buying zones are typically identified through technical analysis indicators such as support levels, trend lines, or chart patterns. It's essential to have a clear understanding of why you believe DOT/USDT is in a buying zone....
Hi, With the recent plunge in Bitcoin and altcoins, many of you may have been worried, and some of you may already be celebrating the recent rebound. However, do not let your emotions take control over your trading account. Market sentiment is a reflection of the individual psychology of each of us. And as history has shown, those who hold on win. Hold on to...
Polkadot is consolidating in the daily range zone between $8.34 and $9.38 where we continue to see a rangebound price action. A bullish move from the current price location and a break-out of $9.38-$9.79 will send DOT price higher towards $10.30-$10.74 and higher. A bearish break-out of $8.34, the key daily support, will push Polkadot price towards $7.46.
🔍As it's Friday, with just one day left in the trading week, it's crucial to consider closing positions before the week's end to mitigate weekend volatility.Today's focus is on DOT, exhibiting a clear Dow Theory analysis. Currently, it finds support at $8.712, with a significant resistance level at $10.349, aligned with the POC of the fixed range volume profile. ...
On the chart of DOT in pair with USDT, we can observe a second correction close to around 30%, what is more, we can see here how the price is approaching a strong upward trend line. This would indicate green zone number 1 as a potential entry into long positions, while the next zone marked in green may be the second purchasing zone to increase the position and...
Hi. BINANCE:DOTUSDT 😊Today, I want to analyze DOT for you in a 1D time frame so that we can have a Mid-term view of DOT regarding the technical analysis. (Please ✌️respectfully✌️share if you have a different opinion from me or other analysts). As you can see, the price is in an ascending channel. Also, the price has created a hidden divergence, which is a...