Considering the failure in the weekly time and reaching the resistance, the expectation to reach the support is high You can make purchases in two steps Don't forget that the price goes up with your likes
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...
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...
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.
DOT Polkadot 's recent bullish run has given way to a retracement, offering potential short entry opportunities. Price is approaching a key higher-timeframe support level however, so proceed cautiously and prioritize risk management. Further downside is possible. This analysis is for educational purposes only, not financial advice.
DOT ~ 5D 📈 #DOT Support Retest successful, Make gradual purchases from here, with a minimum target of 20%++. 🔼
Polkadot is consolidating above $10.74. A bullish reversal from the current price location will result in a bullish move to $11.78. A bearish break-out of $10.74, the key daily support, will push DOT price towards the support zone of $9.38-$9.76. Intraday Chart The DOTUSDT 4-Hour chart is bullish and is trading above $10.91. (1) A bearish dip...
Based on the provided market data, the DOT/USDT pair is currently showing signs of a bullish trend. The current price of 9.785 is above the support levels for 4h, 1d, and 7d, indicating a strong buying pressure. The RSI (Relative Strength Index) is a momentum oscillator that measures the speed and change of price movements. An RSI above 70 usually suggests...
✅The Polkadot(DOT) reacted well to the Resistance lines and started Falling again . 🌊Regarding Elliott wave theory , Polkadot(DOT) seems to be completing Corrective Waves . 🌊The structure of Corrective waves is Zigzag(ABC/5-3-5) . 🔔I expect the Polkadot(DOT) to go down to at least the🟢 Support zone($6.30-$5.67) 🟢and Support lines to complete ...
The large wave B of the DOT symbol is over and we are now in an ascending C wave Wave a consists of C and now we seem to see a correction for wave b of C The green range is the rebuy zone, which consists of two FLIP lines Closing a weekly candle below the green range will violate the analysis For risk management, please don't forget stop loss and capital...
DOT broke out of its descending wedge pattern last week with a bull bar closing near its high, a strong breakout bar. Since then, the price has pulled back to the 30EMA, but will it hold? Bitcoin is currently pulling back from its Weekly bull channel resistance as depicted in my Bitcoin 4HR and Weekly analysis. DOT will likely follow its lead with the broader...
Hi Everyone; Today we have DOT, one or the most respected chart DOT is respecting the TA and have a potential very good growth as you see the risk to reward is around 400 time the risk which make it one of the best option to Invest good luck every one
The main resistance at the price of 5.30 to 5.4 then growth to the price of $6
DOT is near its Resistance level at $5.65. There is 2 Possible scenarios, Yellow and Red. Yellow: DOT created double top pattern and if $5.65 Resistance will be broken it can move to its next Resistance as a trend line + EMA 200 from where I am expecting a continuation of bullish trend. Red: Coin's price will keep moving inside the triangle until we eventually...
Potential Bullish Entry Dow Theory In Place - Higher High and Higher Low Expected in Place Formation of Harmonic Bullish reversal Pattern AND DOUBLE BOTTOM coupled with bullish divergence at potential reversal zone (PZR) Entry, SL & TP Levels are defined.
It is very likely that the DOTUSDT price is currently in the process of forming a global reversal trend pattern - "Inverted Head and Shoulders" Of course, the final confirmation of the pattern's formation will come after the DOT price is firmly established above $10, and buyers will need to make a lot of effort to achieve this. Looking at the chart, we can say...
A descending triangle is being completed. Look for short trades in the red area above. Don't forget capital management and stop
Hello, welcome to this DOT/USDT 1DAY chart update by CRYPTOSANDERS. I have tried to bring the best possible outcome to this chart. Show some support, hit the like button, and follow and comment in the comment section. this motivates me to bring this kind of chart analysis on a regular basis. CHART ANALYSIS:-DOT/USD was down by as much as 5% in today’s session,...