🔍As we approach the ceiling of the trading range, it's time to pause and assess the decisions of the major players in the market. Understanding the dynamics between buyers and sellers, we aim to determine whether to take a long or short position. Today, we delve into the analysis of DOT, a coin that, like many others, is currently grappling with the resistance...
DOT Inside a Range Trading Pattern The price is moving inside a range trading pattern in the 60 min chart thus rising the chances for DOT to test the top of the pattern near 7.45 📺You may watch the video for further details📺 Thank you and Good Luck! ❤️PS: Please support with a like or comment if you find this analysis useful for your trading day❤️
currently the candle respecting the fib 0.61 if it breaks then we see 0.786 and then we are going to see this type of price action in like 3 to 4 months
The chart highlights breakout/rejection points, criteria, and targets to execute on the trade opportunity.
Hello Trader BINANCE:DOTUSDT.P triple top low time frame. Possible breakdown first can be in the market price or limit entry area 7,301 - 7,343 take profit 10% stop loss 2% Please add a comment and Positive feedback and constructive criticism are important to authors and the community. Disclamer: Not Financial Advice
Hello Trader BINANCE:DOTUSDT.P triple top low time frame. Possible breakdown first can be in the market price or limit entry area 7,301 - 7,343 take profit 10% stop loss 2% Please add a comment and Positive feedback and constructive criticism are important to authors and the community. Disclamer: Not Financial Advice
#DOT We have a bearish channel pattern on a 1-hour frame, the price moves within it and adheres to its limits well, and it is about to break upwards. We have a tendency to stabilize above moving average 100 We have a downtrend on the RSI indicator that supports the price higher Entry price is 6.80 The first goal is 7.07 Second goal 7.24 Third goal 7.45
Real nice setup here on DOT, one of the most undervalued alts paired against BTC. We've been watching this one for awhile, anticipating the move on the BTC pair, and its been setup real nice here on the daily USDT pair. Bullish dragon here, with a potential wave 1 up, wave 2 down. Broken outside of the downsloping supply line and retested, a classic break &...
The DOT/USD chart shows an interesting development with a potential breakout from a falling wedge pattern. The price has broken above the resistance trendline and could potentially reach the target zone of $9.50-$10.50 based on technical analysis. It's worth noting that the upcoming DED token airdrop might be influencing the current accumulation. However,...
My long term vision on Polkadot , i think it's ready to make another ATH , if you missed the first dip at 4 - 5$ still buy opportunity . Good Luck
Script is printing series of LH & LL, a quick scalping can be done on the levels identified on the charts based on the bearish Engulfing candle stick pattern which was printed on the last close candle stick. #DYOR (Do Your Own Research)
Market Cap 6.9 Billion Up a cool 2,600% before a RSI Bearish Divergence + the "Incredible Sell" , price retraced to the 0.5 fib level, before rallying again to its high of $55. Price has since corrected 88% and finds itself in the Golden Pocket. We also have our first "Incredible Buy" Signal + Stochastic Oversold. Does that mean the bottom is in? Don't know, I...
Possible Wyckoff Accumulation: The weekly chart does exhibit some characteristics of a Wyckoff accumulation phase, including a period of price consolidation with decreasing volume. However, identifying a definitive Wyckoff pattern can be subjective and open to interpretation. Target Zone of $15-25: If a true Wyckoff accumulation is underway, the price could...
DOTUSDT.P is trading in symmetrical triangle pattern and recently forming Bullish Divergence on 2hr time frame. and also break the pattern, but still we will wait for the breakout of the previous LHs for the confirmation of the bullish Trend and take a long ride.
This is an update on $dotusdt. It now seems clear to me that we have completed the primary degree wave 1-yellow and we are in some kind FLAT for wave 2-yellow which we will be ending coming days or weeks at around the 50-70% Fibonacci zone. The next point of interest or right place to DCA is anywhere withing the box. Remember I warned you about all these huge...
In my opinion, wave 2 is completed and I will buy for wave 3 with the goals specified in the chart. The game of altcoins has just started.
DOTUSDT in Bullish trend with symmetrical triangle chart pattern is indicating continuation of bullish trend.
Hello everyone, let's look at the 4H DOT to USDT chart, as you can see the price is moving in a sideways trend channel where it is holding at the upper part of the range. Let's start by setting goals for the near future that we can include: T1 = $7.51 T2 = $7.92 T3 = $8.40 AND T4 = $9.08 Now let's move on to the stop loss in case of further market declines: SL1...