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DOTUSDT

Polkadot (DOT) - May 18hello? Traders, welcome. By "following", you can always get new information quickly. Please also click "Like". Have a nice day. ------------------------------------- (DOTUSDT 1W Chart) The key is whether you can get support and rise in the volume profile section formed in the section 9.26-10.13. In order to continue the upward trend in the medium to long term, it should rise above the 18.42-19.37 section. (1D chart) Since 9.26-10.13 is a mid- to long-term investment area, careful trading is required. Therefore, it is important to see support by moving above 13.64. However, since a volume profile section is also formed around 19.37, it is expected that the upward trend can be continued only when it rises above 19.37. Therefore, below the 19.37 point, you need to conduct a transaction by purchase unit price to increase the number of coins you have in a transaction method that increases the number of coins for profit. If possible, we recommend making a full-fledged investment in Jinhae after confirming the support at 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
Does DOT change the direction of the trend?Hello everyone, let's take a look at the DOT to USDT chart on the 1 day timeframe. As you can see, the price is moving in the downtrend channel. Let's start with the line of support and as you can see we are in the support zone from $ 11.36 to $ 8.07, then the first support in the near future is $ 7.43, if the support breaks, the next one is $ 4.6. Now let's move from the resistance line, as you can see the first resistance is $ 11.24, if you can break it the next resistance will be $ 13.68 and $ 15.63 plus $ 17.59. Looking at the CHOP indicator we can see that the energy has been used on the 1 day interval, looking at the MACD indicator we can see that the blue line has crossed the red one from the bottom, which may confirm an uptrend.
by cryptodailyuk
2
DOT expected path for the upcoming weeks- follow me for more ❤️hey, i am merna, a middle-eastern analyst, follow me for more ideas and quotes on twitter! luv ya ❤️ I have drawn a triangle, the sides of the triangle act as S/R levels; if price under it, its resistance, if price is above it its support. Price have approached good support level. If price breaks the triangle UP, then we are targeting R and R2 most likely. S = support R = resistance R2 = 2nd resistance acc = where most of the big players entered long positions , when price approaches these levels they will defend their positions hard. AH = all-time high AL = all-time low
Long
by crypto_sucker19
Will DOT handle the first target?Hello everyone, let's take a look at the DOT to USDT chart over the 1 hour timeframe. As you can see, the price broke above the local downtrend line. It is worth starting with determining the stop loss that we should take into account in the coming hours. As you can see, we chose 3 stop loss: SL1 - $ 10.75, SL2 - $ 10.09, SL3 - $ 9.54. Now let's move on to determining the targets that the price has in front of it and as you can see, the first one is at T1 - $ 11.34 with which the price is currently fighting, the next one is at T2 - $ 12.46. Looking at the CHOP indicator we can see that in the 1 hour interval some energy has been used up, but we have a little bit to continue the movement. On the other hand, the MACD indicator shows an upward trend.
by cryptodailyuk
Right on the DOT/USDTDOT/USDT 🟢entry: $18.060- $17.295 ❌stoploss: $17.730 🎯tp1: $28.420- $27.360 🔼potential %profit: +56.57% 🔽potential %loss: -10.66% r/r: 5.31 Hi Everyone, 🥀this trade idea is fairly self-explanatory. i see an inverse head-and-shoulder pattern developing. in addition to the chart pattern, there is significant volume and the left shoulder, the head, and (to a lesser extent) the right shoulder. this price/volume combination strengthens my confidence in the pattern. 🥀i am setting up the entry in a fairly tight range at the right shoulder, between $18.060 and $17.295. 🥀stop-loss is placed at an appropriate distance below entry, although there is not much in the way of price structure to give further guidance in placement. 🥀target exit is at the last point before price dropped off with volume and began to form the left shoulder of the pattern. check back for updates as the position progresses. feedback and constructive criticism is always appreciated. ✌️all good luck and always practice strict risk management!
Long
by TylerPhilip