The chart highlights breakout/rejection points, criteria, and targets to execute on the trade opportunity.
#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
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...
DOT has been rising strongly since Tuesday, after it had previously re-entered our orange Target Zone (between $6.58 and $4.85). We currently locate the coin in the orange wave (iii) and expect a break of the resistance at $8.50 next. This should then provide further bullish momentum. We anticipate the high of this movement only well above the top of the green wave B.
According to the long-term analysis, the DOT currency is moving in the 1W time frame, which, as mentioned in the updated micro-waves of the previous post, completed a complete cycle in accordance with the path in the range of 11.92. 💎 First scenario: due to the recent three-wave correction and support in an important PRZ area, an upward corrective movement is...
Market Analysis: DOT is holding a higher timeframe range high as support, forming a double bottom pattern, indicating potential readiness for an upward move, contingent upon overall market stability. Trade Setup: Entry: $6.8 - $7. Take Profit: $8 or next resistance around $9.5. Stop Loss: $5.7. Risk Management: Utilize a stop loss at $5.7 to mitigate potential...
Since I posted a chart on the dotusdt pair showing the double bottom and the bearish head and shoulders pattern, I also wanted to post a polkadot idea that showed the bigger inverse head and shoulders pattern thats still very much in play as well. We can see how dot did a very convincing fake breakout above the neckline before dipping back down below it. It’s...
It was requested in the comment section of a previous chart I posted what I thought about the DOTUSDT chart so here I am taking a look at it on the weekly chart. We can see here how as soon as polkadot reache its full double bottom breakout target that it began a big correction…in doing so here it completed a head to a potential head and shoulders pattern and...
We had to reassess the situation with DOT on the daily chart and have concluded that we are still not seeing the completion of Wave (2). Why is this the case? Because the correction downward following what we assume to be Wave (2) is too brief in duration to be considered a Wave 2. However, the upward movement towards Wave B was surprisingly strong. Since we have...
Similar scenario that the market has experienced Example 1 💰DOT (spring-summer 2021) Accumulation ➡️ Distribution ➡️ 67% dump ➡️ 360% pump 💰OP (spring-summer 2024) Accumulation ➡️Distribution ➡️64% dump ➡️ projecting DOT scenario to OP Here we saw 3 waves of decline and the last one was the most painful and fearful for the crowd. After that we had great...
Hi. BINANCE:DOTUSDT ➡️ the odds of another bullish Movement is Pretty high because the pattern which DOT is in, Is a Bullish wedge Pattern! Since The break out has not happened, there is no confirmation of a Bullish Movement But If It happens.... ✅ Due to the Ascending structure of the chart... 🟢 The odds of another Bullish Movement is High! 🟢 Bullish wedge...
Polkadot has been making lower lows, indicating a downward trend There is a high likelihood of continuing to fall !!!
Another perk from me. You are welcome. Do with this what ever you want, just be smart.
- So i predicted many times that 4.30$ was the bottom. - And i was wrong, Polkadot is still young. - Trading Altcoins is like that, it's really hard to predict a perfect bottom with a new project. - it's much more easy with BTC because TheKing volumes are high and it stays around from many years already. - Remember that Trading is trying to predict the future...
📊Analysis by AhmadArz: 🔍Entry: 7.370 🛑Stop Loss: 6.927 🎯Take Profit: 7.692 -8.102 -8.443 🔗"Uncover new opportunities in the world of cryptocurrencies with AhmadArz. 💡Join us on TradingView and expand your investment knowledge with our five years of experience in financial markets." 🚀Please boost and💬 comment to share your thoughts with us!
DOT - WEEKLY - TIME TO BUY Good opportunity to buy from 5.7 to 7
The price of DOT is currently in a correction phase and has reached the first support zone. Be aware that if we observe the emergence of strong bullish patterns in the daily timeframe, there is a possibility that the price may move towards the second resistance area. Additionally, if the current support zone is lost and breaks downward, the price may continue to...
#DOT time 1W currency analysis In the weekly time, the price has a good accumulation and with the start of a suitable upward trend, it has established a very favorable support level in the area of 5.5 dollars and we can expect a good long-term growth from this currency and there is a possibility that the price will reach the specified goals.