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DOTUSDT

Bitcoin Trend Analytics August 9DOT is between a narrow range formed by the waves in the downward channel. DOT bounced several times from the support of the narrow band. It’s now going upward to test $10.73, the upper edge of the downward channel. The major resistance of the downward channel is at between $11.54-$12.00. Breakup and holding above it for 2 weeks will expand the consolidation range. The current supports are short-termed and not strong enough. Only with more funds inflow could the breakout be confirmed. If the key resistance of the triangle is broken, $9.94-$10 will flip into support.
Long
by BitMidas
Polkadot: still moving up?The market is in the uptrend on the Daily timeframe. Another high of $9.27 was updated on August 8. And today the correction has started. A pullback buying opportunity will appear after the correction is finished and a bullish candle is formed on the Daily timeframe. According to the price chart it may happen in a couple of days . If the upward movement continues, then the price can move towards the main target #2 . It is the resistance level formed on May 29 – June 1. This target is around $10.44 – $10.78. The longs will remain relevant until the market is above the nearest support level on the Daily timeframe, the lows of August 1 – 4.
Long
by JIexa1701
Polkadot Testing Resistance A nice short term play if you made it! I shared in a previous post my idea that since we broke out of the previous level around 7-.750 that just over $9 would be tested and it has now happened however we could still play around this area and break down potentially so it shouldn't be a trigger to go long, this play is essentially over and now I'd be wanting to see how we react in this area. If we continue to chop and hold around here then I'd look for longs, but for now need to see more PA develop because it's still unstable imo. If we do hold this area, I'd see upper resistance at 10-11 being tested at the least. A good play as well from the bulldiv that I pointed out earlier. Follow for more ideas! Cheers
by cryptovatsik
DOTUSDT | Wave Projection | Triple Bullish Divergence DragonPrice action and chart pattern trading > Anticipating a breakout of dragon ridge or descending triangle breakout downtrend DRAGON ABC wave pattern with current Intermediate C-wave in zigzag formation > Target @ possible making a minor 4-wave uptrend correction retracing 0.0382-0.5 previous 3-wave +50% - +70% > Stoploss @ the lowest position of the -25 - 30% to the bottom forming the 1st claw of the dragon, relatively closed to the target of dragon main head & shoulders. > Entry @ 1st Inverse Claw breakout > RRR: 2.5:1 Indicator: MACD triple bullish divergence & RSI double divergence Always trade with affordable risk and respect your stoploss
Long
by dukeposh
1
Polkadot (DOT) - August 7hello? Welcome, traders. If you "follow", you can always get new information quickly. Please also click "Like". Have a good day. ------------------------------------- (DOTUSDT 1M Chart) The key is whether it can be supported by rising to the 11.72-14.93 section. (1W chart) In order to rise to the 11.72-14.93 range, the key is whether the price can be maintained above the 7.16-7.74 range. (1D chart) Primary resistance: 9.75 Secondary resistance: 11.03-11.72 Support: 6.89-7.74 A drop near 9.75 is likely to create a pull back pattern. At this time, you need to check if it is supported in the 6.89-7.74 section. The 11.72-14.93 interval is the interval that determines the trend. Therefore, if it rises to 11.72-14.93 without being supported and falls, it is necessary to stop loss to secure cash. Therefore, when it falls below 11.03 and receives resistance, it must be Stop Loss. If you look at the overall chart, you can see that the current price position is at a fairly low price point. It is good to get short-term profits by investing in coins or tokens in this price range, but I think it is better to increase the number of coins (tokens) from a mid- to long-term point of view. To do this, it is necessary to check which ecosystem the coin (token) you want to invest in belongs to and is expanding. This is because I do not think it is good to invest only with the roadmap or future-oriented plan (?) pursued by the coin (token) in a situation that is being combined with the actual business aspect. The time has come to examine whether the coin ecosystem of the coin (token) you want to invest in is expanding and whether it is useful in actual business. This is because the era in which themes such as DeFi, NFT, and P2E are created, interest is received using deposit services, and value can be traded through games has begun. Investing in active coins (tokens) rather than investing in inactive coins (tokens) will give you the strength to survive in the uncertain coin market. ------------------------------------------------------------ ------------------------------------------- ** All descriptions are for reference only and do not guarantee a profit or loss in investment. ** The MRHAB-T indicator, which is inactive on the chart, contains indicators that indicate support and resistance points. ** Background color of Long/Short-S indicator: RSI oversold and overbought sections ** Background color of CCI-C indicator: When the short-term CCI line is below -100 and above +100, oversold and overbought sections are displayed. ** The OBV indicator was re-created by applying a formula to the DepthHouse Trading indicator, an indicator disclosed by oh92. (Thanks for this.) (Short-term Stop Loss can be said to be a point where profit and loss can be preserved or additional entry through split trading. It is a short-term investment perspective.) ---------------------------------
by readCrypto
DOTUSDTHello Crypto Lovers, Mars Signals team wishes you high profits. This is a one-day-time frame analysis for DOTUSDT As we analyzed on July 27, we expected a rising trend and now we have all our targets hit. In this chart, there is R1 which used to be a support line. S1 used to be a resistance line and the unsuccessful attempts of the price to rise is obvious. And S2 is the support area which represents the support of the price at several points. At the moment, the price is fluctuating below R1 area and we expect a falling trend to S1 and here we will have two options. Either the price will rise over this line and by receiving some confirmation candles, we predict more rise for it to R1. Or it is possible that the price loses the support and falls below S1 and face more decline toward S2. Warning: This is just a suggestion and we do not guarantee profits. We advise you to analyze the chart before opening any positions. Wish you luck
by MarsSignals
DOT SHORT 15M Hello everyone, let's take a look at the 15M DOT to USDT chart as you can see the price is moving below the local downtrend line. Let's start by setting goals for the near future that we can consider: T1 - $ 8.64 T2 = $ 8.67 T3 = $ 8.70 T4 = $ 8.73 and T5 = $ 8.76 Now let's move on to the stop loss in case of further market declines: SL1 = $ 8.57 and SL2 = $ 8.51 Looking at the CHOP indicator, we can see that there is a lot of energy in the 15M range, while the MACD indicator shows a local downward trend.
Short
by cryptodailyuk