#DOT is moving inside a falling wedge. It is fighting with the resistance cluster(Daily MA50 + Ichimoku cloud + horizontal resistance and falling wedge resistance). A successful breakout cloud lead us to the moon. Keep an eye on it, because breakout will be massive. Targets are:
$8.283 $8.995 $9.706 $10.719 $12.012 and $15.737
Hello Trading view Family / Fellow Traders.
I hope you have used and benifited from the previous analysis .
In today trading session we are monitoring DOTUSDT for a buying opportunity,
DOTUSDT UPDATE
Falling wedge Breakout Has Already Done Resting In Process, Incase Of Successful Retest ,Expecting +25% profit soon.
Uh oh, the bears might be taking control! Head and shoulders pattern confirmed with a neckline breach. Brace yourselves for potential downside.
Remember, this is not financial advice! DYOR and trade responsibly.
my Idea about DotUsd
As we can see we had 5 upward waves and then we had Divergence formed on the RSI indicator,
Then the price began to correct in waves, then retested the 0.382 Fibonacci level, but it was rejected.
Now there is one scenario that will happen out of 2:
Scenario 1: The price will retest the 0.382 Fibonacci llevel, and the price will be rejected...
Polkadot is looking similar to Litecoin, where 200EMA is acting as a pretty strong rejection zone, which is pushing the price lower and lower with each touch.
We are looking again for that lower zone (greenish) to be broken and a movement towards that target zone.
Swallow Team
#dot looks good on weekly support over 6.50... First scalp is 7.30 from here and then 7.80
for long term targets are defined till 9.50.. looks great..already swept liquidity on daily..
BINANCE:DOTUSDT (4H CHART) Technical Analysis Update
TOKEN is currently trading at $6.99 and It got rejected from the bearish channel resistance 4 times (two times in 1 week ). Overrall rend is showing bearish and we can expect the price to reach its next support around 6.6 and major support around 5.9
NOTE: This is a high risk trade, enter with smaller...
Further, impulsive-looking price action, will add credence to the bullish scenario, and suggest wave 3 upper is underway above 6.510 with possible target 1.618 fib extension.
Future updates will be posted as updates to this count.
Daily intraday updates on 1H and 4H time frame, don`t miss them!!
Good luck!
📊 Current Market Status:
DOT breaking through a resistance line dating back to around December 25th.
📈 Chart Analysis:
Approaching the $7.00 - $7.30 area of resistance.
🔄 Trading Strategy:
50% Entry: Enter 50% of the allocation if DOT regains the $7.00 level.
Remaining 50% Entry: Allocate the remaining 50% upon breaking through $7.30.
Take-Profit Areas: $8.00 -...
Aside from the massive fundamental bullishness going on within the DOT ecosystem (DED airdrop Coretime DOT2.0) The chart is looking juicy
Conservative targets are listed moving into august of 2024
All 3 waves representing similar % moves from the anticipated lows 170% + in each upward thrust
TP's listed on chart
For now conservative top at 44-47$ yes no new...
Seems Like Getting Ready For Another Breakout Already In Uptrend Approaching Towards Descending Trend line Incase Of Breakout Expecting Bullish Rally Towards 10$ In Coming Days
keep eyes on dot coin for breakout
Hello Traders and everyone, I am Hadi Karaali, Known as SNIPERS_FX
If you like the idea, do not forget to support with a like and follow.
DOT BULLS TO TAKE OVER! 📚
👉 As we can see price is still overall bearish trading inside this falling channel, from a medium-term perspective.
👉Moreover, price is approaching a strong support zone, where we are interested in...
my entry on this trade idea is taken from a point of interest below an inducement.. I extended my stoploss area to cover for the whole swing as price can target the liquidity there before going as i anticipate.. just a trade idea, not financial advise
