Polkadot starting to perform!DOT has lagged behind a little and been slowly grinding up. The bulldiv on higher timeframe still performing though in my opinion
Flipped resistance into support at $7-7.40 area, with resistance sitting above around $9
If markets start to rally I see DOT hitting closer to $11
Either way, following the green path nicely at this point with a brief back test on LTF, which is what I wanted to see.
V
DOTUSDT
DOT looking for a bullish continuation DOT /USDT
the price just followed my drawing in my previous idea And almost hit first resistance in my chart (TP1)
Check my previous idea here : ⬇️
Breakout this resistance will result in bullish continuation up to 12$ in short term (in long term DOT still have very big room for growth )
Polkadot Still Has To Give 125% To USWe started way too early with DOTUSD but quickly moved to DOTUSDT because more people follow this pair.
They are both identical when it comes to chart reading or to trade.
The great news is that it is still early, believe it or not, much growth lies ahead.
We have 5 green consecutive weeks.
This is consolidation/accumulation...
Next, the rise.
125% is the main target but if you are trading with us, with or without leverage, 20%, 30%, 50%, etc., are good places to secure profits on the way up.
Remember not to trade blindly, build a plan, do your research and then jump onboard.
There are always endless opportunities.
If you missed ETC for example, you can buy DOGE or DOT and so on.
This is not financial advice.
Thanks a lot for the support.
Namaste.
Loss of momentum - signalAs you can see in the chart, the price is losing its downward momentum and is gaining upside momentum.
For the signal, do not trade until the close of the 12h candle. If it stays like this:
Buy: at close of candle.
Sl= below the support of area and low of candle (around 6.47)
TP= @7.14
DOTUSDTHello Crypto Lovers,
Mars Signals team wishes you high profits.
This is a 4-hour-time frame analysis for DOTUSDT
Based on our previous analysis on July 19, we expected a falling trend and now we have all our targets hit. In this chart, there is R2 as our resistance line and the unsuccessful attempts of the price to rise is obvious. R1 used to be a support line and S1 is the support area which represents the support of the price at several points. At the moment, the price is fluctuating on S1 area and we expect a little fall and then by considering our long position, a rise would be waiting for it. Also the price is able to face more rise by a fixation above R1 and by receiving some confirmation candles there. In case the price moves below S1, perhaps more decline will happen for it.
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
Trading opportunity on DOTUSDT PolkadotBased on technical factors there is a Long position in :
📊 DOTUSDT Polkadot
🔵 Long Now 6.69
🧯 Stop loss 5.90
🏹 Target 1 7.50
🏹 Target 2 8.40
🏹 Target 3 9.25
💸Capital : 1%
We hope it is profitable for you ❤️
Please support our activity with your likes👍 and comments📝
Long Polkadot (DOT) vs USDTDOT finally found floor at $26. This area had to be tested as support once again and now it's ready to challange the ATH's IMO.
DOTUSDT is testing MA200 from below and as long it trades above it and flips it to support, I'm bullish on DOT.
This is an aggressive entry here, more convention entry would be once it flips $33 to support.
One of my favorite crypto project out there that hasn't shown it's true potential yet. It's a Top 3 project IMO.
Make sure to take profits on the way up.
Good luck.
DOT Potential LongThe above trade idea is based on symbol DOTUSDT - Binance.
An alert has been set for the entry price.
Risk Management is always important. Let the trade come to you.
Stoploss(SL) 1% above entry. Take Profits(TP) at 1% increments.
First TP1 will have a higher percentage of take profit.
Do Techincal Analysis(TA) stick to your plan, let the trade come to you, and don't FOMO, if your plan does not come to fruition (not hit) then you have not lost any money, have a SL to ensure best practice so you can continue trading, journal your trade for self development and reflection.
Did it Fail?Hello everyone,
Some big red candles were formed today after touching the resistance line of the pattern. The bias is neutral since we are looking at a bullish flag and the price is forming good structures when going from a resistance to support. Also, we just touched the 0.5 Fibonacci level which is our strong support and the price is showing some rejection of it.
The only reason that the bias might change is red candles, they are way bigger than green candles as you see in the chart below.
However, if we want to look for a good buying area, we are looking at the area in the circle where the price might goes if it does not break the range we are in.
Please comment if you have any questions.
We just started the Crypto Season.🎊Hi Traders,
After that crypto experienced the best days after "Crypto Winter", July is beginning the season with some bullish moves.
However, at this moment we are having some red days one after another.
As we can see in this H4 chart, BINANCE:DOTUSDT is consolidating in a small range at the moment. The pattern we are seeing is either a Bullish Flag or a Descending Triangle, as it is also testing the support that it created after forming an Inverting Head and Shoulder on the Highly timeframe.
It looks like it is breaking to the downside, which is normal since there is some Liquidity residing below that retail Support. As well as it is Pull backing to the 0.5 Fibonacci level after the move.
DOTUSDT Preparing a HUGE Run-UpHi Everyone,
Yesterday we mentioned that BINANCE:DOTUSDT was making a Pullback into the 0.5 Fibonacci level and it almost touched it.
After breaking above the falling wedge (bounded by the yellow lines),BINANCE:DOTUSDT after that it consolidated for many hours in a tight range inside a wedge.
As of right now, we are inside a Bullish flag, at its resistance level precisely. If it closes above the pattern, we might buy at the retest of the flag. However, if we don't break it, we will most probably look for a buying opportunity at support (of the flag).
Polkadot (DOT) - July 25Hello?
Welcome, traders.
By "following", you can always get new information quickly.
Please also click "Like".
Have a good day.
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(DOTUSDT 1W Chart)
It is important to be able to rise above the 9.26-10.13 section.
To do that, you need to make sure you can climb above the 7.16-7.74 section.
(1D chart)
Primary resistance: 8.49
Secondary resistance: 9.26-10.13
1st support: 6.60
2nd support: 5.19-5.67
We need to see if we can break above the 60 SMA line.
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** All indicators are lagging indicators.
Therefore, it is important to be aware that the indicator moves accordingly with the movement of price and volume.
However, for the sake of convenience, we are talking in reverse for the interpretation of the indicator.
** The MRHAB-T indicator used in the chart is an indicator of our channel that has not been released yet.
** The OBV indicator was re-created by applying a formula to the DepthHouse Trading indicator, an indicator disclosed by oh92. (Thanks for this.)
** Support or resistance is based on the closing price of the 1D chart.
** All descriptions are for reference only and do not guarantee a profit or loss in investment.
(Short-term Stop Loss can be said to be a point where profit and loss can be preserved or additional entry can be made through split trading. It is a short-term investment perspective.)
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