Dot is at Weekly orderblock I'm expecting it to bounce from here...we have 4h FVG below so it will go into FVG where we can consider long setups...targets that I'm expecting are mention above...overall expecting price to go high...I might be wrong ,anyone might be wrong because no one is perfect in this world...keep eye your eye on it
Hello fellas,
Next one is going to be DOT coin here. Well will keep it short - We are currently at important level where we should witness a breakout or a breakdown. So let's see what will happen here
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The price is losing the support inside the pennant figure.
How to approach it?
IF the price is going to lose the support and retest as new resistance, According to Plancton's strategy , we can set a nice order
–––––
Keep in mind.
🟣 Purple structure -> Monthly structure.
🔴 Red structure -> Weekly structure.
🔵 Blue structure -> Daily structure.
🟡 Yellow...
Polkadot broke trough the descending trendline. Asset broke trough the resistance level. Bullish movement to resistance level at 5.77 is expected to happen.
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(DOTBTC 1W chart)
The price needs to stay above 0.0003 517 to gain strength.
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(DOTUSDT 1W Chart)
Whether it can rise above 11.72 is the key.
To do so, we...
DOT's Price slipped down and broke a short-term range. This opens doors towards 4.0$ but if we reach that area there will be a strong upside possible towards 5.30$ - 6.0$ and also 6.50 can be achieveable. So trade accordingly until a clear price action emerges.
Hi guys, I think we will not go directly to the south and still we will see some bounce back up. Anyway I decided to open long position. Not a financial advice. What to you think?
DOTUSDT has been in a strong bearish trend .
The price has broken below major supports.
Now price has took support at horizontal zone.
The bulls need to hold the breakout above falling resistance.
We are expecting bulls will took control and price may go higher from here.
Manage your trades accordingly.
There's an high chance that DOT, which basically mimics BTC but with higher volatility, will go below 5 USDT and a fair chance that it'll go below 4 USDT.
I'm currently not buying to hold anything but if DOT goes to those prices I'm definitely buying some!
Idea: the price has broken the lower border of the symmetrical triangle - a signal that the downtrend will continue even in the event of a slight upward rebound
Hello everyone, let's look at the 4H DOT to USDT chart as you can see that the price is moving in a sideways trend channel.
Let's start by setting goals for the near future that we can take into account:
T1 - $5.71
T2 - $5.79
T3 - $5.86
T4 - $5.93
and
T5 - $6.04
Now let's move on to the stop loss in case the market goes down further:
SL1 - $5.60
SL2 - $5.53
SL3...
Hello guys, hope you are doing fine. In my opinion its very important to keep it simple. DOT is a strong project and its allready laying on the ground. Does it can fall more? Of course, because its very correlated with BTC. If we will see BTC for 12k, DOT will follow for sure and we can see DOT for 3-4$. It would be the best buy zone. Because nobody knows where is...
If Bitcoin decides to bottom at 10,300 as it's monthly support/demand zone, then DOT will bottom around $3.7, so it is advisable to DCA your entries till it bottom there on spot, and then wait to TP around $14 to $16.
Past Performance of Polkadot
After soaring to as highs as $55 in November 2021, DOT is now 89 percent from all-time highs and wallowing against a wave of intense selling pressure. From the daily chart, bears are squarely in charge, and November 16 losses offer no reprieve for buyers. The immediate support lies at $5.3, while any gains above $6.3 may lift Polkadot...
the price is creating a pennant after the bearish impulse from the daily resistance
How to approach it?
IF the price is going to lose the support, According to Plancton's strategy , we can set a nice order
–––––
Keep in mind.
🟣 Purple structure -> Monthly structure.
🔴 Red structure -> Weekly structure.
🔵 Blue structure -> Daily structure.
🟡 Yellow...
