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DOT

POLKADOT ($DOT) Polkadot (DOT) Weekly Chart (1W) Technical Analysis Examining the Polkadot (DOT) weekly chart, we can see that the asset is at a highly critical and historic juncture. From the perspective of a technical analyst, let's detail this chart regarding market cycle, critical support/resistance levels, and trend structure. 1. General Market Structure and Cycle Analysis The chart clearly illustrates a classic "Boom and Bust" cycle. Full Cycle Reset: The price has returned to the exact starting point of the massive bull run that began in late 2020 (approximately $1.98). This means the price action of the last 5 years has been effectively erased, returning the market to "ground zero." Trend Outlook: The main structure is currently dominated by a Bear Market. The major ascending trendline (dashed line) was broken in early 2022, and the price has remained suppressed below this trend ever since. 2. Critical Price Levels The most significant technical zones on the chart are as follows: 🟢 Major Support: $1.98 - $2.00 Zone (The "Kiss of Life") This region is the "Make or Break" level for DOT. Historical Significance: This is where the historic rally of 2020 originated. Returning to this level suggests we may be at a point of total seller exhaustion (capitulation). Technical Expectation: A strong reaction/bounce from this level is technically highly probable. However, weekly closes below this level would drag the price into "price discovery" to the downside (unknown territory). 🔴 Major Resistance: $10.67 (Red Line) Marked as "$10" on the chart, this is the most critical resistance barrier. Price attempted to breach this level in 2022, 2023, and 2024, but was rejected every single time (as indicated by the red down arrows). It is technically impossible to speak of a new bull trend until this level is decisively reclaimed. ⚠️ Intermediate Resistance and Broken Trendline Broken Ascending Trend: The dashed black line now acts as strong diagonal resistance. Every bullish attempt hits this line or horizontal resistance and retraces. Intermediate Targets: In a potential reversal, the $4.50 - $5.00 band would likely act as the first intermediate resistance. 3. Technical Formation and Interpretation Round Trip (Cycle Completion): The drop from $55 levels back to $2 indicates a massive cycle completion. Usually, the end of such large drops is followed by a prolonged "Horizontal Accumulation" phase. Triple Top / Rejection: The multiple rejections at the $10 level (seen around 2024) prove there is a significant supply (seller) block in that region. 4. Investor Strategy and Scenarios As a market analyst, two main scenarios can be constructed based on this chart: Scenario A: "Bottom Fishing" (Bullish Reversal) Thesis: Price is at historic support ($1.98). The Risk/Reward (R/R) ratio is at its most attractive point for buyers. Strategy: Gradual accumulation can be attempted in the $1.98 - $2.10 range, with a stop-loss strictly placed below $1.80. Target: The first reaction target is the $4-5 band. Long term, the +$10 limit could be tested again. And Maybe old ATH = 50$
by Cryptollica
3
#DOT/USDT :BUY LOW#DOT The price is moving within an ascending channel on the 1-hour timeframe and is adhering to it well. It is poised to break out strongly and retest the channel. We have a downtrend line on the RSI indicator that is about to break and retest, which supports the upward move. There is a key support zone in green at the price of 2.22, representing a strong support point. We have a trend to stabilize above the 100-period moving average. Entry price: 2.27 First target: 2.33 Second target: 2.41 Third target: 2.51 Don't forget a simple money management rule: Place your stop-loss order below the support zone in green. Once the first target is reached, save some money and then change your stop-loss order to an entry order. For any questions, please leave a comment. Thank you.
Long
by CryptoAnalystSignal
POLKADOT – LONG SETUP - LOADING SHORT SQUEEZE POTENTIALTraders, $Polkadot is close to forming a high probability long setup, but it is not confirmed yet. Here is the compact breakdown. WHY DOT IS SETTING UP Since 08 November price has been grinding down Spot CVD, Coin Margined CVD and Stablecoin Margined CVD all fell with price which confirms real sell pressure On 21 November the lows were swept Today price tapped 2.220, the pivot level, and reacted But we are still trading below 2.250, which means the squeeze setup is not active yet Why the sweep matters On Bybit around 915k Coin Margined short contracts opened into the low. Coin Margined shorts use DOT as collateral which means when DOT rises they take a double hit. The short loses value and their collateral also loses value. This makes them far easier to liquidate once price reverses. But price must reclaim the key level to trigger this effect. THE KEY LEVELS 2.220 = the pivot This is where price reacted This is the 1.113 extension of the 04 November to 08 November move This marks the completion of the downside rotation 2.250 = the trigger This is the level price must reclaim and trade above Above 2.250 shorts begin to go underwater Above 2.250 the squeeze becomes active Until $Polkadot trades above 2.250 the setup remains unconfirmed. GAMEPLAN Wait for two 30 minute candle closes above 2.250 This confirms the reclaim and activates the long setup Look for a retest of the 2.240 to 2.250 zone If buyers defend that retest it is the clean entry As long as DOT stays below 2.250 this is only a potential setup Falling back under 2.200 weakens the idea and requires reassessment TARGETS IF CONFIRMED If $Polkadot reclaims 2.250 the upside targets are: 3.675 3.877 4.063 4.327 Each level is a point to reassess momentum and structure. FINAL VIEW DOT swept the lows and trapped a large block of Coin Margined shorts. The pivot at 2.220 has been touched, but the real trigger is 2.250. Only once price reclaims and trades above 2.250 does the squeeze structure become active. Until then it remains a potential high probability setup that requires confirmation. Until the candles speak again, ThetaNomad ----------- If this helped you read the flow, drop a like and a comment None of this is financial advice
Long
by ThetaNomad
3
DOT: Bullish Swing SetupIn this chart, the main focus is on the clear bullish divergence forming on the RSI, signaling a possible shift toward buyers regaining control. To find upside targets, I’ve added Fibonacci levels from recent swing highs to lows, marking key price zones where DOT could encounter resistance and potential breakout acceleration. If momentum builds, the target is the golden ratio at $2.93, which historically acts as a strong magnet for price in retracement moves. Another confluence is USDT.D at major resistance and soon a new fed cut will be priced in until 10th of December
Long
by FlorinCharts
1
DOT forming dual flag structure with supportDOT has formed a bullish flag on the global chart, and a similar pattern has formed more locally. DOT's attempt to consolidate above the MA50 and MA200 was unsuccessful, but given these patterns, we are more likely to see a retest of them in the near future Currently, we are at support at $2.668 A reversal and a breakout of the MA50 and MA200 resistance levels are more likely to occur A move below the purple area will indicate a continuation of the downward movement More detailed analysis, additional charts, and key levels to watch are available on our site
Long
by c_views
DOTUSD | Bearish Rejection at Overlap ResistanceDOT/USD is rising towards the sell entry, which is an overlap resistance and could reverse from this level to the downside. Sell entry is at 3.065, which is an overlap resistance. Stop loss is at 3.277, which is a swing high resistance that aligns with the 161.8% Fibonacci extension. Take profit is at 2.806, which is an overlap support. Stratos Markets Limited (tradu.com ): CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 68% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money. Stratos Europe Ltd (tradu.com ): CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 70% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.
TRADU:DOTUSDShort
by Tradu
Polkadot: Short-Term Rally Before Potential Drop into Target ZonDOT is currently expected to move toward the high of wave iv in orange, according to our primary scenario. We continue to anticipate that this move will remain below the resistance level at $3.78. Afterward, we are primarily preparing for a wave v sell-off into the orange Target Zone ($1.66 – $0.70). In this range, we expect to see the low of wave in magenta, which should signal a potential long-term trend reversal to the upside. There is still a 30% probability that the correction low has already been completed as wave alt. in magenta. However, this alternative would only be definitively confirmed by a significant breakout above the $3.78 level.
BINANCE:DOTUSD
by HKCM_Global
DOTUSD Can this Channel save it from complete obsolescence?Polkadot (DOTUSD) has been trading within a Channel Down since the December 26 2022 Low and it only broke momentarily during last Friday's flash crash. Having recovered instantly above it and closing the 1W candle inside the pattern, it technically counts as a Lower Low. The last two Lower Lows (both inside 2025), delivered rebound that hit tested the 1W MA50 (blue trend-line). As a result, the obvious technical Target on the medium-term is the 1W MA50 and our (a but more conservative) estimation is $4.600, which is right on the 0.382 Fibonacci Channel level. Of course that's assuming the market doesn't close any 1W candles below the Channel Down. The current price levels offer an excellent Risk/ Reward ratio on this. If the 1W MA50 breaks, we can see an even more aggressive extension towards the top (Lower Highs trend-line) of the Channel Down. The best indicator for a Sell Signal in that scenario is the 1W RSI Resistance Zone. It has priced the last three major Highs since 2023. Naturally the 1W MA200 (orange trend-line) is the obvious long-term Resistance and potential Target in that scenario but can go even as high as 9.5000 if we repeat the previous +225.10% Bullish Leg. ------------------------------------------------------------------------------- ** Please LIKE 👍, FOLLOW ✅, SHARE 🙌 and COMMENT ✍ if you enjoy this idea! Also share your ideas and charts in the comments section below! This is best way to keep it relevant, support us, keep the content here free and allow the idea to reach as many people as possible. ** ------------------------------------------------------------------------------- 💸💸💸💸💸💸 👇 👇 👇 👇 👇 👇
CRYPTO:DOTUSDLong
by TradingShot
DOTUSD H4 | Bearish Drop in Progress”DOT/USD is reacting off the sell entry which is a pullback resistance that aligns with the 50% Fibonacci retracement and could drop from this levle to the downside. Sell entry is at 4.165, which is a pullback resistance that aligns with the 50% Fibonacci retracement. Stop loss is at 4.420, which is a pullback resistance. Take profit is at 3.878, which is an overlap support that aligns with the 61.8% Fibonacci retracement. High Risk Investment Warning Trading Forex/CFDs on margin carries a high level of risk and may not be suitable for all investors. Leverage can work against you. Stratos Markets Limited (tradu.com ): CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 65% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money. Stratos Europe Ltd (tradu.com ): CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 66% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money. Stratos Global LLC (tradu.com ): Losses can exceed deposits. Please be advised that the information presented on TradingView is provided to Tradu (‘Company’, ‘we’) by a third-party provider (‘TFA Global Pte Ltd’). Please be reminded that you are solely responsible for the trading decisions on your account. There is a very high degree of risk involved in trading. Any information and/or content is intended entirely for research, educational and informational purposes only and does not constitute investment or consultation advice or investment strategy. The information is not tailored to the investment needs of any specific person and therefore does not involve a consideration of any of the investment objectives, financial situation or needs of any viewer that may receive it. Kindly also note that past performance is not a reliable indicator of future results. Actual results may differ materially from those anticipated in forward-looking or past performance statements. We assume no liability as to the accuracy or completeness of any of the information and/or content provided herein and the Company cannot be held responsible for any omission, mistake nor for any loss or damage including without limitation to any loss of profit which may arise from reliance on any information supplied by TFA Global Pte Ltd. The speaker(s) is neither an employee, agent nor representative of Tradu and is therefore acting independently. The opinions given are their own, constitute general market commentary, and do not constitute the opinion or advice of Tradu or any form of personal or investment advice. Tradu neither endorses nor guarantees offerings of third-party speakers, nor is Tradu responsible for the content, veracity or opinions of third-party speakers, presenters or participants.
TRADU:DOTUSDShort
by Tradu
DOTUSD H4 | Bearish continuation in playDOT/USD is rising towards the sell entry, which is a pullback resistance that is slightly above the 23.6% Fibonacci retracement and could drop from this level to the downside. Sell entry is at 3.937, which is an overlap resistance. Stop loss is at 4.119, which is a pullback resistance that is slightly below the 50% Fibonacci retracement. Take profit is at 3.617, which is a pullback support. High Risk Investment Warning Trading Forex/CFDs on margin carries a high level of risk and may not be suitable for all investors. Leverage can work against you. Stratos Markets Limited (tradu.com ): CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 65% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money. Stratos Europe Ltd (tradu.com ): CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 66% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money. Stratos Global LLC (tradu.com ): Losses can exceed deposits. Please be advised that the information presented on TradingView is provided to Tradu (‘Company’, ‘we’) by a third-party provider (‘TFA Global Pte Ltd’). Please be reminded that you are solely responsible for the trading decisions on your account. There is a very high degree of risk involved in trading. Any information and/or content is intended entirely for research, educational and informational purposes only and does not constitute investment or consultation advice or investment strategy. The information is not tailored to the investment needs of any specific person and therefore does not involve a consideration of any of the investment objectives, financial situation or needs of any viewer that may receive it. Kindly also note that past performance is not a reliable indicator of future results. Actual results may differ materially from those anticipated in forward-looking or past performance statements. We assume no liability as to the accuracy or completeness of any of the information and/or content provided herein and the Company cannot be held responsible for any omission, mistake nor for any loss or damage including without limitation to any loss of profit which may arise from reliance on any information supplied by TFA Global Pte Ltd. The speaker(s) is neither an employee, agent nor representative of Tradu and is therefore acting independently. The opinions given are their own, constitute general market commentary, and do not constitute the opinion or advice of Tradu or any form of personal or investment advice. Tradu neither endorses nor guarantees offerings of third-party speakers, nor is Tradu responsible for the content, veracity or opinions of third-party speakers, presenters or participants.
TRADU:DOTUSDShort
by Tradu
DOTUSD H4 | bearish drop offDOT/USD has rejected off the sell entry which and could potentially drop from this levle to the downside. Sell entry is at 3.843, whichis a pullback resistance. Stop loss is at 4.119, which is a pullback resistance. Take profit is at 3.453, which acts as a pullback support. High Risk Investment Warning Trading Forex/CFDs on margin carries a high level of risk and may not be suitable for all investors. Leverage can work against you. Stratos Markets Limited (tradu.com ): CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 65% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money. Stratos Europe Ltd (tradu.com ): CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 66% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money. Stratos Global LLC (tradu.com ): Losses can exceed deposits. Please be advised that the information presented on TradingView is provided to Tradu (‘Company’, ‘we’) by a third-party provider (‘TFA Global Pte Ltd’). Please be reminded that you are solely responsible for the trading decisions on your account. There is a very high degree of risk involved in trading. Any information and/or content is intended entirely for research, educational and informational purposes only and does not constitute investment or consultation advice or investment strategy. The information is not tailored to the investment needs of any specific person and therefore does not involve a consideration of any of the investment objectives, financial situation or needs of any viewer that may receive it. Kindly also note that past performance is not a reliable indicator of future results. Actual results may differ materially from those anticipated in forward-looking or past performance statements. We assume no liability as to the accuracy or completeness of any of the information and/or content provided herein and the Company cannot be held responsible for any omission, mistake nor for any loss or damage including without limitation to any loss of profit which may arise from reliance on any information supplied by TFA Global Pte Ltd. The speaker(s) is neither an employee, agent nor representative of Tradu and is therefore acting independently. The opinions given are their own, constitute general market commentary, and do not constitute the opinion or advice of Tradu or any form of personal or investment advice. Tradu neither endorses nor guarantees offerings of third-party speakers, nor is Tradu responsible for the content, veracity or opinions of third-party speakers, presenters or participants.
TRADU:DOTUSDShort
by Tradu
DOT — Key Levels Reclaimed, Breakout Ahead?DOT has been in sideways chop for 222 days, but things are finally getting interesting. Price is now sitting above the yearly level ($4.309), the daily 233 EMA/SMA, and the weekly 21 EMA/SMA. Even better, it reclaimed the POC of the entire 222-day range. Why $4 Is So Important Yearly level → $4.309 Daily 233 EMA → $4.37 / Daily 233 SMA → $4.21 Weekly 21 EMA → $4.15 / Weekly 21 SMA → $4.05 POC of 222-day range → $4 0.618 Fib retracement (current move) → $4 That’s a whole lot of support stacked at one zone. Where It Gets Exciting (Targets) First major target is the monthly 21 EMA/SMA ($5.3–$5.5), which also lines up with the range highs. That’s the first real test. The swing target zone sits around $6–$6.5, with multiple layers of confluence: Key Level → ~$6 Fair Value Trend Model Line → ~$6.5 0.382 Fib retracement of the downtrend → ~$6.19 0.618 Fib speed fan → ~$6.2 (October projection) 1.618 trend-based Fib extension → $6.308 Market Cap Confluence: 10B market cap at $6.18 Yearly Open: $6.642 → the overall target and an additional layer of resistance 📌 This creates a solid resistance cluster between $6–$6.6, ideal for taking profits and potentially looking for shorts. 🟢 Long Trade Idea Entry: Ladder longs from $4.36 down to $4 Stop: Below $4 (clear invalidation) Take Profit: If $4 holds, DOT’s path is clear: first stop $5.3-$5.5, then $6.0–$6.6 as the macro target with the yearly open at $6.642 marking the final resistance. Key Levels Support → $4.36–$4 Resistance → $5.3–$5.5, then $6.2–$6.6 (10B market cap $6.18 + yearly open $6.642) 🔍 Indicators used LuxAlgo — Liquidity Sentiment Profile (Auto-Anchored) DriftLine — Pivot Open Zones → For identifying key yearly/monthly/weekly/daily opens that act as major S/R reference points Multi Timeframe 8x MA Support Resistance Zones → to identify support and resistance zones such as the monthly 21 EMA/SMA. Fair Value Trend Model → Calculates a regression-based fair value curve ➡️ Available for free. You can find it on my profile under “Scripts” and apply it directly to your charts for extra confluence when planning your trades. _________________________________ 💬 If you found this helpful, drop a like and comment!
Long
by SiDec
5
DOTUSD H4 | Bearish reversal off major resistanceDOT/USD is rising towards the sell entry, which acts as an overlap resistance that aligns with the 23.6% Fibonacci retracement and could potentially reverse to the downside from this level. Sell entry is at 4.007, which is an overlap resistance that lines up with the 23.6% Fibonacci retracement. Stop loss is at 4.255, which is a pullback resistance that lines up with the 50% Fibonacci retracement. Take profit is at 3.527, a pullback support that is slightly above the 161.8% Fibonacci extension. High Risk Investment Warning Trading Forex/CFDs on margin carries a high level of risk and may not be suitable for all investors. Leverage can work against you. Stratos Markets Limited (tradu.com ): CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 65% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money. Stratos Europe Ltd (tradu.com ): CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 66% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money. Stratos Global LLC (tradu.com ): Losses can exceed deposits. Please be advised that the information presented on TradingView is provided to Tradu (‘Company’, ‘we’) by a third-party provider (‘TFA Global Pte Ltd’). Please be reminded that you are solely responsible for the trading decisions on your account. There is a very high degree of risk involved in trading. Any information and/or content is intended entirely for research, educational and informational purposes only and does not constitute investment or consultation advice or investment strategy. The information is not tailored to the investment needs of any specific person and therefore does not involve a consideration of any of the investment objectives, financial situation or needs of any viewer that may receive it. Kindly also note that past performance is not a reliable indicator of future results. Actual results may differ materially from those anticipated in forward-looking or past performance statements. We assume no liability as to the accuracy or completeness of any of the information and/or content provided herein and the Company cannot be held responsible for any omission, mistake nor for any loss or damage including without limitation to any loss of profit which may arise from reliance on any information supplied by TFA Global Pte Ltd. The speaker(s) is neither an employee, agent nor representative of Tradu and is therefore acting independently. The opinions given are their own, constitute general market commentary, and do not constitute the opinion or advice of Tradu or any form of personal or investment advice. Tradu neither endorses nor guarantees offerings of third-party speakers, nor is Tradu responsible for the content, veracity or opinions of third-party speakers, presenters or participants.
TRADU:DOTUSDShort
by Tradu
DOT is Ready for 130% Up Move DOT is making a pattern at Support zone and It has given a Breakout from that pattern . and at the same time Altcoin Season Index is at 74 , when it is >75 it is sign of very bullish in altcoins and Breakouts will have very high potential to give a big move . and at the same time Bitcoin dominance is decreasing and altcoins dominance is started increasing , so look on all the altcoins and follow proper risk management , it has very good chances to move UP side but first we have to protect the down side , where risk management comes into game . Follow for more Ideas and potential coins/ Stocks .
Long
by mahesh56a
4
DOTUSD H4 | Heading into major into major resistanceDOT/USD is rising towards the sell entry which is a pullback resistance that is slightly above the 61.8% Fibonacci projection and the 161.8% Fibonacci extension and could reverse from this level to he downside. Sell entry is at 4.496, which is a pullback resistance that is slightly above the 61.8% Fibonacci projection and the 161.8% Fibonacci extension. Stop loss is at 4.794, which is a pullback resistance that is slightly above the 100% Fibonacci projection. Take profit is at 4.004, whichis an overlap support. High Risk Investment Warning Trading Forex/CFDs on margin carries a high level of risk and may not be suitable for all investors. Leverage can work against you. Stratos Markets Limited (tradu.com/uk ): CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 65% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money. Stratos Europe Ltd (tradu.com/eu ): CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 66% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money. Stratos Global LLC (tradu.com/en ): Losses can exceed deposits. Please be advised that the information presented on TradingView is provided to Tradu (‘Company’, ‘we’) by a third-party provider (‘TFA Global Pte Ltd’). Please be reminded that you are solely responsible for the trading decisions on your account. There is a very high degree of risk involved in trading. Any information and/or content is intended entirely for research, educational and informational purposes only and does not constitute investment or consultation advice or investment strategy. The information is not tailored to the investment needs of any specific person and therefore does not involve a consideration of any of the investment objectives, financial situation or needs of any viewer that may receive it. Kindly also note that past performance is not a reliable indicator of future results. Actual results may differ materially from those anticipated in forward-looking or past performance statements. We assume no liability as to the accuracy or completeness of any of the information and/or content provided herein and the Company cannot be held responsible for any omission, mistake nor for any loss or damage including without limitation to any loss of profit which may arise from reliance on any information supplied by TFA Global Pte Ltd. The speaker(s) is neither an employee, agent nor representative of Tradu and is therefore acting independently. The opinions given are their own, constitute general market commentary, and do not constitute the opinion or advice of Tradu or any form of personal or investment advice. Tradu neither endorses nor guarantees offerings of third-party speakers, nor is Tradu responsible for the content, veracity or opinions of third-party speakers, presenters or participants.
TRADU:DOTUSDShort
by Tradu
DOTUSD H1 | Bearish reversal forming off 50% Fibonacci levelDOTUSD is rising towards the sell entry, which is a pullback resistance that aligns with the 50% Fibonacci retracement and could reverse from this level to the downside. Sell entry is at 4.118, which is a pullback resistance that aligns with the 50% Fibonacci retracement. Stop loss is at 4.25, which is a swing high resistance. Take profit is at 3.90, which is an overlap support that is slightly below the 50% Fibonacci retracement. High Risk Investment Warning Trading Forex/CFDs on margin carries a high level of risk and may not be suitable for all investors. Leverage can work against you. Stratos Markets Limited (tradu.com ): CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 65% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money. Stratos Europe Ltd (tradu.com ): CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 66% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money. Stratos Global LLC (tradu.com ): Losses can exceed deposits. Please be advised that the information presented on TradingView is provided to Tradu (‘Company’, ‘we’) by a third-party provider (‘TFA Global Pte Ltd’). Please be reminded that you are solely responsible for the trading decisions on your account. There is a very high degree of risk involved in trading. Any information and/or content is intended entirely for research, educational and informational purposes only and does not constitute investment or consultation advice or investment strategy. The information is not tailored to the investment needs of any specific person and therefore does not involve a consideration of any of the investment objectives, financial situation or needs of any viewer that may receive it. Kindly also note that past performance is not a reliable indicator of future results. Actual results may differ materially from those anticipated in forward-looking or past performance statements. We assume no liability as to the accuracy or completeness of any of the information and/or content provided herein and the Company cannot be held responsible for any omission, mistake nor for any loss or damage including without limitation to any loss of profit which may arise from reliance on any information supplied by TFA Global Pte Ltd. The speaker(s) is neither an employee, agent nor representative of Tradu and is therefore acting independently. The opinions given are their own, constitute general market commentary, and do not constitute the opinion or advice of Tradu or any form of personal or investment advice. Tradu neither endorses nor guarantees offerings of third-party speakers, nor is Tradu responsible for the content, veracity or opinions of third-party speakers, presenters or participants.
TRADU:DOTUSDShort
by Tradu
DOT USD at the bottomDOT is at the bottom where the Wyckoff Accumulation Pattern was formed and it is in the final stages and I expect to start rising from these levels. The first target will be the top of the pattern at a price of $10. Breaking the top will open the way to the distant targets. I note that a huge limit has been set by Polkadot DAO on the network, as the total supply of tokens that will be minted has been changed. A ceiling has been set for it at 2.1 billion DOTs , unlike what was previously there was no ceiling, as the number of tokens was be around 5billion DOT in the year 2050. Long-term targets: 22$ 36$ 60$ 90$ 140$
CRYPTO:DOTUSDLong
by alichfrcion
1