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DOTUSDT

Dot as the whole market reacts with declinesHello everyone, let's take a look at the DOT to USDT chart on the 1 day time frame as you can see the price is moving under the downtrend line. Let's start with the line of support and as you can see the first support is $ 7.08, if the support breaks down, the next one is $ 4.56. Now let's move from the resistance line as you can see the first resistance is $ 7.68, if you can break it the next resistance will be $ 8.46, $ 9.12 and $ 9.79. Looking at the CHOP indicator, we can see that the energy has been used on the 1-day interval, and the MACD indicator shows a downward trend.
by cryptodailyuk
1
DOT's Trend Will be Determined In the next few days!DOT is in a Symmetrical Triangle Which means the Price can Increase or Decrease Depending On The Break out Which will Happen Pretty Soon! 14.5$ is the Target for bullish Break out and 7.3$ is the target for Bearish Break out! -DOT is in A symmetrical Triangle -wait for Break out to Determine the Trend! -14.5$ and 7.3$ are the Targets depending on the Break out! _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ Thank you for seeing idea . Have a nice day and Good luck
by CobraVanguard
2
Dot.Dot saw a clean 5 wave impulse which started back in August of 2020, the impulse completed in November of 2021. --- since that peak, dot has been correcting in what looks to be a simple zig-zag (labeled as a-b-c). -on june 15th, the correction will have lasted exactly 50% the time it that it took for the impulse to be completed. -there's also a full moon on the 15th of june. -full moons are historically very bullish indications in the market. -dot is forming a triple bullish divergence on the daily time-frame. -currently in a multi-day squeeze. a lot of confluence at $6.73, -midline of bear channel, -100% extension -0.50% in fib time when measuring against the impulsive move. there is a very high area of liquidity just beneath, between $5.78~$5.14. this area could technically be raided with a wick. --- Imminent reversal is expected just after June 15th, Bullish. --- ps. if you have any coins you want me to take a look at, leave them in the comments, or pm me.
BINANCE:DOTUSDLong
by notoriousbids
13
DOT in a local downtrend!Hello everyone, let's take a look at the DOT to USDT chart over the 4 hour timeframe. As you can see, the price is moving on the local channel. Let's start with the line of support, and as you can see, the first support that is currently trading at is $ 8.58, if the support breaks down, the next is $ 8.27 and $ 7.31. Now let's move from the resistance line as you can see the first resistance is $ 9.34, if you can break it the next resistance will be $ 9.83, $ 10.21 and $ 10.61. Looking at the CHOP indicator, we can see that in the 4-hour interval some energy has been used, and the MACD indicator clearly shows when we entered the local downward trend (where the red line crossed the blue line from above).
Short
by cryptodailyuk
DOT/USDT: On Buying area, Direct rise expected---- Mid-term Analysis for the next coming 4 weeks to 3 months - Daily on Daily Chart (LOG)------- DOT/USDT: On Buying area, Direct rise expected Context - The Global Crypto market leads by BTC and ETH is still evolving within a bearish market configuration. Like the others digital assets DOT suffered about negative global market situation. - However we are focus on a key buying area now on this coin and we expect a fast and quick recovery regarding technical elements Market configuration - Graphical Elements : Graphical Resistance = 14 & 31 Graphical Support = 5,50 & 2,00 - Mathematical Indicators: EMA ( Exp Moving averages) are still capping the market = Bearish RSI indicator (below) is bouncing off key support = Bullish - Elliot & Harmonic Wave (Fibonacci): Fibonacci Target C (B) has been already reached = 9,50 Fibonacci resistance of the wave in progress = 14,00 Fibonacci support of the wave (c) (B) (max extension) = 5,50 Fibonacci Bullish Target = 19,00 (auto-similar move) Conclusion Preferred case => Regarding the mid-term element, DOT is offering the perfect entry area for a mid-term portfolio configuration in order to anticipate a bullish exit towards 14,00 and 19,00 as long as 5,50 remains support - In extension a larger rise towards the previous top at 31,00 can't be ignored
Long
by JeanJean1983
#Polkadot's Upside Limited, will DOT Steady above $8.5?Past Performance of Polkadot The broader crypto market expects a recovery, a development that might lift DOT prices from 2022 pits. Still, sellers remain firmly in control with resistance at the middle BB. Currently, DOT crypto prices are struggling against a deluge of selling pressure. The coin is down roughly three percent in the past trading week. #Polkadot Technical Analysis DOT prices are inside a tight trade zone, tracing the middle BB as bears diffuse attempts for higher highs. In a bear flag, the coin has support at $8.5. On the other hand, resistance is defined by the flexible resistance line, the middle BB, and $11. Ideally, buyers should wait for confirmation of May 13 gains. That will mean a clean break above $11 with rising trading volumes. If not, any drop below $8.5 or last week's lows could trigger a sell-off towards $7 in the immediate term. What to Expect from #DOT? Polkadot is struggling, and bears are in a commanding position. The odds of unexpected recoveries above the middle BB are slim to none. Accordingly, aggressive DOT bears may unload on dips, doubling down, especially if there are further losses below last week's lows. Resistance level to watch out for: $11 Support level to watch out for: $8.5 Disclaimer: Opinions expressed are not investment advice. Do your research.
Short
by Bitcoin_Analyzer
I HOPE THIS IS A REVERSAL PATTERN FOR DOTUSDT!!!As you can see on the DOTUSDT Daily Chart, we can see a Symmetrical Triangle . This can be interpreted into 2 things. First, if it broken the symmetrical triangle support it maybe a bearish continuation. Second, if it broken the symmetrical triangle resistance it maybe a reversal to a bullish trend. Otherwise the EMA Indicators (50,100,200 EMA) still on the top of the chart, which means it is a bearish trend. But let's be positive and hope it will broken the symmetrical triangle resistance, cause I'm still holding some DOTUSDT right now :D !!!
Long
by ewaldohh
1
DOTUSDT Hello Crypto Lovers, Mars Signals team wishes you high profits. This is a 4-hour-time frame analysis for DOTUSDT The price had a heavy fall and reached S1 and then started rising again and continued its fluctuation over this line. Now the price has a fluctuation below S1 and we expect it to have a pull back to S1 and then fall toward S2. Even it is possible to rise over S1 and if it fixes there, it will continue its rising trend toward R1. 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
Short
by MarsSignals
Polkadot (DOT) - June 7hello? Traders, welcome. By "following", you can always get new information quickly. Please also click "Like". Have a good day. ------------------------------------- (DOTUSDT 1W Chart) The section below 9.26-10.13 may be a mid- to long-term investment area. To create a new wave, it must rise above 19.37. (1D chart) In the short and medium term, it needs to move above 10.13 and find support to turn into an uptrend. However, since the MACD-P indicator point is formed at 11.03, the key is whether it can rise above this point. If it falls below the 8.71-9.26 range, it may lead to further declines, so you need to trade cautiously. (buy) - After confirming the support in 11.03 (Stop Loss) - When it falls below 10.13 and receives resistance - When it falls below the 8.71-9.26 section (Sell) - When receiving resistance near 13.64 - When receiving resistance in the section 17.98-19.37 ------------------------------------------------------------ ----------------------------------------------------- ** All indicators are lagging indicators. Therefore, it is important to be aware that the indicator will move accordingly as price and volume move. 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.) ---------------------------------
by readCrypto