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
At present, Polkadot is oscillating above a robust support level, indicating a steady position in the market.
Should it manage to overcome its descending trendline, it could pave the way for significant upward momentum and growth.
Hello SSE community
As you can see in the chart, 3Dot in this USDT pair is consolidating the potential supporting area around 6 - 5.8 dollar which is my potential entry zone if the supporting area works well.
My potential targets for Dot in the next 3 months are 20 - 23 dollar
If you are looking for short position in the current market pay attention to the...
UPDATE
Looking ready to break wedge.
Breakout can take on proceedings as we predicted !!!
COIN DETALS
The live price of Polkadot is $ 6.811449 per (DOT / USD) with a current market cap of $ 8.72B USD. 24-hour trading volume is $ 147.24M USD. DOT to USD price is updated in real-time.
CRYPTOCAP:DOT is trying to break out from a Falling wedge pattern. Pay attention to it.
🔺If #Dot successfully closes the daily candle above the edge. Then we will see a huge breakout.
🔺Also 2.0 Parachain is incoming soon 🚀
▪️ DYOR 📈
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
Breaking Falling Wedge In 4Hour Time frame With Strong Volume Incase Of Successful Breakout Expecting Massive Bullish Rally Towards 8.50$💸💵✍️
DOT had a nice bounce from 200EMA and is now testing the middle line of Bollinger Bands.
What we are looking for here is a potential weakness to kick near the middle line, which would mean that the price gets rejected from there.
If this kind of movement doesn't happen, then we might see a movement towards the upper resistance zone, from where we will be looking...
DOT is moving out of a Falling Wedge on the 4H time frame. First big resistance is around $8,50 and can give a profit of approx. 20% from current price.
