DOTUSDT.3S trade ideas
Polkadot(DOT): Head&Shoulders Pattern = Good Sell Opportunity? DOT coin is back on our spotlight with a great format forming here (head and shoulder pattern)
While we see good potential for this kind of movement, we still need to fully form that right shoulder, which can also be good for some short-term selling positions! But as always, our best entry relies on that neckline zone, which we are looking to break sooner this week!
Swallow Team
DOTUSDT DOT/USDT seems to be forming a higher high, that is a sign of uptrend I will enter the pullback zones of 6.789–6.711; this pullback is acting as resistance and support multiple times, and the level is also testing the 50 EMA 4 HR chart. and also the trend line acts as support multiple times , dropping down to 15-minute time frame I buy some polka dots here in this zone when I get a double bottom. Share your idea in the comment below. Thank you
DOT heads up at $ 6.86: major Golden fib, possible turning pointDOT heads up at $ 6.86, a possible turning point.
Rejection here could send this coin to new lows.
Or a break and retest could be a good long entry.
All of the levels on this chart are a single fib series.
The fib series being DOT's "Genesis" (at birth) fib.
See "Related Ideas" below for info on my methods.
DOTUSDT #002 ( BEARISH PHSE is not finished yet) Hello dear traders.
good days.
First of all thanks for your comment and support.
Dotusdt still is in bearish Gann Square .
On weekly Gann Square , Gann Arc resistance is broken and expect to retest broken Gann Fan line.
Chart is updated and plotted with help of Gann Square and Gann Box .
Safe trades and good luck .
Polkadot(DOT): Looking For Short 👀 DOT is looking for a good entry to move to lower zones, it seems.
After another touch at 200 EMA, the price has bounced back up but remains in between 100 and 200 EMA.
We are monitoring for market price movement here and any potential correction to upper zones or a potential breakdown from 200EMA.
Swallow Team
✴️ PolkaDot | One CandleThe marked session is a Doji (yesterday | 31-December 2023).
A Doji can mean indecision just as it can mean that a change of trend is about to take place.
26-Dec. also closed as a Doji; early signal that the trend is coming to an end.
The 31-Dec. Doji confirms a bearish bias because it happens as DOTUSDT moves and closes below EMA10 on a daily basis. (This matches a rejection below EMA100 on the weekly).
This signal alone can tells us that a correction is now close.
Namaste.
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Want to see an impulse up and out of this box, for confirmation.
Box break must re evaluate! lol