DOTUSDT.PS trade ideas
Polkadot(DOT): Back At TrendlineWe are back with Polkadot, where we are yet again on that trendline, which has shown us some decent support since June 18th.
As of now, we are also seeing a good weakness kicking in on the markets so here we are with 2 scenario case where one is bullish and the other is bearish.
What do you think, and which one will we see?
Swallow Team
DOTUSDT Weekly Analysis: Bullish Momentum and Strategic Levels### DOTUSDT Weekly Analysis: Bullish Momentum and Strategic Levels
#### Overview
The DOTUSDT pair has demonstrated significant bullish momentum on the weekly chart, creating an attractive opportunity for traders and investors. The recent price action has led to the formation of a bullish Fair Value Gap (FVG), providing insights into potential market movements and key strategic levels.
#### SSL Indicator: Bullish Signal
The SSL (Swing Signal Line) indicator, a crucial tool for identifying trend directions, has flipped to a bullish stance on the weekly timeframe. This shift suggests an increased likelihood of upward price movement, making it an opportune moment to consider long positions. The bullish SSL indicates strong buying interest and potential continuation of the uptrend.
#### Fair Value Gap (FVG): A Key Zone
The creation of a bullish FVG on the weekly chart highlights a critical zone where the market may find support. This gap represents an area of inefficiency where price did not spend much time, often acting as a magnet for future price action. Traders can look to this FVG as a potential entry point for long positions, capitalizing on the market's tendency to fill such gaps.
#### Strategic Levels: STL and ITL
- **Short-Term Levels (STL):** These are the immediate levels of interest where price may find support or resistance in the short term. Identifying these levels helps traders make informed decisions about entry and exit points.
- **Intermediate-Term Levels (ITL):** These levels offer a broader perspective on potential market movements over a slightly longer horizon. They are essential for traders aiming to capture larger price moves within the prevailing trend.
#### Projection: STL to be Created
The analysis indicates the formation of new STLs as the market progresses. These levels will emerge as price continues to interact with the bullish FVG and SSL indicator. Monitoring the development of these STLs will provide further clarity on potential support and resistance zones, aiding in the refinement of trading strategies.
#### Conclusion
The DOTUSDT weekly chart presents a compelling bullish scenario, underpinned by the SSL indicator's bullish flip and the creation of a bullish FVG. Traders should closely monitor the development of new STLs and ITLs, as these levels will play a pivotal role in navigating the market. This analysis suggests a favorable outlook for DOTUSDT, making it a prime candidate for bullish trades in the coming weeks.
DOT - A Risky Opportunity for HoldingBINANCE:DOTUSDT (1W CHART) Technical Analysis Update
DOT is currently trading at $5.9 and the price is in a consolidation state. As we expect a bull market in crypto, it's likely that the price will bounce back from this consolidation zone. This is a good opportunity to buy some and hold in the spot market.
Entry level: $ 5.9
Stop Loss Level: $ 4.7
TakeProfit 1: $ 8.811
TakeProfit 2: $ 10.667
TakeProfit 3: $ 16.852
TakeProfit 4: $ 23.526
Max Leverage: 2x / Sport
Position Size: 0.5% of capital
Remember to set your stop loss.
Follow our TradingView account for more technical analysis updates. | Like, share, and comment your thoughts.
Cheers
GreenCrypto
Polkadot(DOT): Possible Fakeout To Form! (Break of EMAs)Polkadot is forming a nice second fakeout after breaking the branch of EMAs here in a 4-hour timeframe.
We are now looking at a possible repeat of history where we form a full fakeout and a break in EMA follow-up. So keep your eyes open for a possible breakdown and a movement to lower zones here!
Swallow Team
DOTUSDT LongWe see strong bullish signal on DOT Daily chart. yesterday FVG was retested, today we have new high. 7.2 level is the next bullish target, SL is under 6.1 level.
Lingrid | DOTUSDT start of the BULLISH trendBINANCE:DOTUSDT broke below the support level at 5.0, only to bounce back taking liquidity and create an impulsive leg. Currently, the market is trading tightly below the recent resistance zone, suggesting that it's about to break through. On the daily timeframe, we see a long-tailed bar that indicates rejection at the support level. I anticipate the market to pull back into the range zone before making a move upwards. My target is resistance at 7.0
Traders, if you liked this idea or if you have your own opinion about it, write in the comments. I will be glad 👩💻
DOT $35-$55 my disappointing love childLesson to self, never fall in love with a project. It hurts you financially
This is as honest a prediction as I can make, yes I am biased but I am also objective
EWT count is purely speculative. Too early to count any of the waves up and the channel is also fictitious based off a probably wave 4 bottom forming way higher up
Let's see how it ages and I'll come back and revisit it in future and update...
#DOT/USDT#DOT
The price is moving within a bearish channel pattern on the 4-hour frame, which is a strong retracement pattern
We have a bounce from a major support area in green at 5.50
We have a tendency to stabilize above the Moving Average 100
We have a downtrend on the RSI indicator that supports the rise and gives greater momentum, upon which the price is based higher at the discount
Entry price is 5.80
First target 6.64
Second goal 7.42
Third goal 8.32
DOTUSDT 1DDOT ~ 1D
#DOT In 1D Time Frame, BITSTAMP:DOTUSD Successfully penetrated the resistance line of this pattern. this seems to be very good for bull domination. short term target of at least 10%+ from here.
DOTUSD Is Approaching An Important Resistance!!!Hey Traders, in today's trading session we are monitoring DOTUSD for a selling opportunity around 6.40 zone, DOT is trading in a downtrend and currently is in a correction phase in which it is approaching the trend at 6.40 support and resistance area.
Trade safe, Joe.
DOT DOT DOT DO YOU LIKE DOT?After a nice reaction from the Value Area low, we are trading at the POC.
The areas I would look for a long would be a supply/demand flip of the POC targeting the Value Area High & Range High, or a retest of the Value Area Low After a sweep of the lows.
Calculate Your Risk/Reward so you don't lose more than 1% of your account per trade.
Every day the charts provide new information. You have to adjust or get REKT.
Love it or hate it, hit that thumbs up and share your thoughts below!
This is not financial advice. This is for educational purposes only.
DOTUSD Bullish Money heist PlanMy Dear Robbers / Traders,
This is our master plan to Heist DOTUSD Market based on Thief Trading style Technical Analysis.. kindly please follow the plan I have mentioned in the chart focus on Long entry. Our target is Red Zone that is High risk Dangerous level, market is overbought / Consolidation / Trend Reversal at the level Bearish Robbers / Traders gain the strength. Be safe and be careful and Be rich.
Note: If you've got a lot of money you can get out right away otherwise you can join with a swing trade robbers and continue the heist plan, Use Trailing SL to protect our money.
Stop Loss : Recent Swing Low using 4h timeframe
Warning : Fundamental Analysis comes against our robbery plan. our plan will be ruined smash the Stop Loss. Don't Enter the market at the news update.
Loot and escape on the target 🎯 Swing Traders Plz Book the partial sum of money and wait for next breakout of dynamic level / Order block, Once it is cleared we can continue our heist plan to next new target.
support our robbery plan we can easily make money & take money 💰💵 Join your hands with US. Loot Everything in this market everyday make money easily with Thief Trading Style.
DOT USDTDOT/USDT Setup. After a confirmed breakout from the marked zone in green, we could take an entry at 6.535
Remember stop loss is your friend. Everything is on the chart.
Entry 6.535
S.L 6.293
T.P 1 6.736
T.P 2 6.993
T.P 3 7.409
Polkadot (DOT) to $50On the above 4-day chart price action has corrected over 90% since the sell signal back in March 2021. Now is an excellent long opportunity. The reasons?
1) Price action and RSI resistance breakouts.
2) Regular bullish divergence as printed over a 4 month period.
3) Support and resistance. Look left.
4) The target is defined from the falling wedge.
Is it possible price action falls further? Sure.
Is it probable? no
Ww
Type: trade
Risk: <=6% of portfolio
Timeframe: Long from August.
Return: 1000%
Polkadot (DOT): Possible Rejection From 200 EMAPolkadot is testing again the 200EMA in a 4-hour timeframe. As we have seen this zone work well as a resistance zone, we are looking for another rejection to happen near this zone. As soon as we see clean signs of weakness, we will be looking for another movement to lower zones here!
Swallow Team
Alikze »» DOT | 61.8 Fibo retest scenarioAccording to the long-term analysis, the DOT currency is moving in the 1W time frame, which, as mentioned in the updated micro-waves of the previous post, completed a complete cycle in accordance with the path in the range of 11.92.
💎 First scenario: due to the recent three-wave correction and support in an important PRZ area, an upward corrective movement is currently underway, which is currently stopped at the 0.618 area. Therefore, if this X wave is not upward and after the completion of the correction log until the liquidity zone or PRZ leads to the failure of the zone and the daily candle is closed above it, it can continue the movement until the specified resistance PRZ zone. to give
💎 Second scenario: If the support PRZ area is broken, this can lead to a continuing corrective lag and a combined correction and correct the whole wave up to 0.23.
If the behavior and structure of the post changes, it will be updated.
»»»«««»»»«««»»»«««
Please support this idea with a LIKE and COMMENT if you find it useful and Click "Follow" on our profile if you'd like these trade ideas delivered straight to your email in the future.
Thanks for your continued support.
Sincerely.❤️
»»»«««»»»«««»»»«««
DOTUSDT Poised for Major Bullish Breakout or Risk of Decline!Yello, Paradisers! Have you been tracking #DOTUSDT lately? It's showing some strong signals that could lead to a major bullish continuation from support. Let's dive into the details!
💎After a careful analysis of #DOT price action, we've observed a promising pattern. For a long time, CRYPTOCAP:DOT has been adhering to a descending trendline. Recently, it has successfully retested this descending resistance, assessing key resistance at $6.576, indicating a potential bullish move. If #POLKADOT breaks above the $6.576 resistance and sustains its momentum, we could see a significant bullish continuation.
💎However, due to previous strong bearish pressure, there's an imbalance in the price. It's likely that the price might revisit this level to fill the imbalance. If CRYPTOCAP:DOT fails to initiate an upward movement from the retest level, we should look for a bullish rebound from the lower support at $5.403. On the flip side, if the price breaks below the $5.403 support, this could invalidate the bullish setup and lead to further declines.
Stay sharp and trade smart, Paradisers! Stay disciplined and focused on your trading strategy.
MyCryptoParadise
iFeel the success🌴
DOTUSDTmy entry on this trade idea is taken from a point of interest below an inducement.. I extended my stoploss area to cover for the whole swing as price can target the liquidity there before going as i anticipate.. just a trade idea, not financial advise
DOTUSDT H4 Dot currency. For storage. We put 100 lines under the word storage. I do not trade. Futures contracts, I store currencies. They are for storage, including levels. Frankly, I bought from the $4 levels. I bought from the $4 levels. I bought a respectable amount. Now. It is at $6.25. The first target, as shown in the chart, $11? I sell half the quantity, at $11. And we target $20 to $25 with the remaining half quantity. Good luck to all of you, and any question leave me in the comments.
Will DOT hold the 886?Will Polkadot go for the .886 or will it go for the 1.13 double bottom?
I think double bottom would make more sense as many have the targets on the low side. Many of the alts looks like they will loose another 70-80%
DOT/USDT Trade ideaDOT at bottom low and strong support zone, following previous moves, it can be good opportunity for long term trade.
