🚧DOT is bullish now🚧 & many Traders don't see it 👀!!!As you can see, the price is in a Broadening wedge. If the price can break this wedge, we can hope that the price will act like a butterfly pattern and the price will grow well.
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✅Thank you, and for more ideas, hit ❤️Like❤️ and 🌟Follow🌟!
DOTUSD
DOT - Still under ResistanceI've been tracking DOT for a long time, spotted the top at $55 back in Nov 2021 and the more recent bottom.
Looking at legacy TA, It looks like it remains under the resistance ceiling after this attempt. Not that exciting after events in recent days but there is a decent chance of a rally to $8 if it breaks. If late to the party, don't feel you need to FOMO in under resistance.
Best, HF
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Bottom:
#POLKADOT #DOT Long-Term targets analysis#POLKADOT #DOT Long-Term targets analysis
During the years 2020 to 2021, a five-wave ascending structure can be seen on the chart, which has taken 2.618 times ascension time to correct these five waves from 2021 to today. Referring to the rules and instructions of Elliott Style Percher, the conditions that have been created for the dot currency so far are the rise in wave 1 and a deep correction in wave 2. For this reason, we expect wave 3 to have a higher height than wave 1 (except for exceptions). Based on these rules and laws and ratios and the relation of wave length three to wave one, it is possible to get an estimate of the price targets until the end of 2025.
The goals are:
Minimum desired target : 28
Target1: 48$
Target2: 97$
Target3: 240$
Target4: 750$
STOP LOSS: 3$
DOT.USD (Full Analysis Long Term)Hello my dear Followers.
How are you?
I hope you feel great.
It's a new day and I want to talk about Polkadot (DOT)
Please pay attention that it's NOT financial advice because it's just a new vision that belongs to me. and I'm sharing this analysis with you.
So, please be aware and watch the market.
So, let's go into details.
I used the Fibonacci channel to analyze this chart.
0 is the bottom of the chart. 0.5 is the midline and 1 is the top of the Fibonacci channel. and so on
I want to check this asset in the daily time frame. Based on the information we had, we are still in a bearish trend. And expect to drop more.
Today market raised and I think it's just a pull-back to a lost support.
Please don't FOMO.
This market needs to drop more. According to my latest analysis about USDT.D, I expect this item to still go higher and higher. although the DXY is bullish too.
BTC.D is Bullish Too.
if BTC.D is bullish and Bitcoin drops, the altcoins drop more than you think.
It means that the market needs more correction.
There are four support zones for this asset, but just two zones are essential.
Let me define these zones for you. I believe that the main zones for Polkadot are 2.06 and 1.07 USD.
I don’t want to tell you the Polkadot will drop to 1.07 USD, I just tell you this zone (1.07 USD) is the last support and it might never touch the price.
the main support for Polkadot is 2.06 USD.
You should buy your asset at the cheapest price, so, you should be patient.
I want to put in my order of 2.06 USD to buy a Polkadot.
By the way, you should watch the market. Because bad news is coming. And they are really effective in this market.
The main correction wave has not started yet.
I want to refer you to my last analysis of BTC.USD in a weekly time Frame. we are still in the B wave and the C wave has not started yet.
It was my duty to warn you and tell you all the truth.
Sooner or later, but the correction is sure.
Please be patient. Control your emotions.
Opportunities in the market flow smoothly like a river.
It was my duty to tell you all things you need to know.
Please don’t forget to write your comments ✍️✍️ Like 👍👍 and Share 👌👌 this vision with your friends.
And tell me do you agree with me or not?
Good Luck
Ho3ein.mnD
DOT is entering into bull market!Hello, dear friends!
We have some thoughts that DOT can start it's bull run right now. Talking about Bitcoin it has not clear setup, but DOT is finishing it's Elliott waves cycle.
The falling wedge pattern looks like the ending diagonal in wave 5. This wave also consists of 5 waves. Divergence with Awesome Oscillator confirms the potential reversal.
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Polkadot - $3 Looms as Sellers DominateHi Traders, Investors and Speculators of Charts📈📉
Polkadot is currently trading 93% under it's ATH. Although this is bad news for most bag holders, the good news is that the bottom is either in - or very close.
There's no doubt that a bullish cycle is overdue, but not just yet. Technical indicators on lower timeframes show bears are still dominating, and there's a chance the price could fall lower once more before the accumulation phase finishes.
Incase you missed yesterday's update on Bitcoin, find it here 📈
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CryptoCheck
BINANCE:DOTUSDT BINANCE:DOTUSD
Bottom section below 9.262Hello?
Hello traders!
If you "Follow" us, you can always get new information quickly.
Please also click “Boost”.
Have a good day.
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(DOTUSDT chart)
In fact, it can be said that it has entered the bottom section by falling below 9.262.
Accordingly, it can be said to be a coin (token) that does not correspond to the time of transaction.
(1M charts)
One silver lining is that the StochRSI indicator has been sloping.
Therefore, it is necessary to check whether it will not decline further and lead to sideways movement.
(1W chart)
It is falling below 4.876 and renewing a new low.
Accordingly, the key is whether the price can be maintained by rising above 4.234.
If not, we recommend stopping the transaction itself and observing the situation for a while.
I think it is difficult to say that maintaining the price by rising above 4.234 will result in an upward trend.
Therefore, you need to check what kind of support it receives in the 4.234-6.523 range.
(1D chart)
We are falling to an immeasurable point.
Therefore, it is better to wait and see if the price rebounds.
Therefore, when the StochRSI indicator breaks out of the oversold range, you need to check at which point or range it receives support or resistance.
If that happens, the HA-Low indicator is expected to decline.
At this time, the key is whether it can receive support from the HA-Low indicator and rise.
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** All explanations are for reference only and do not guarantee profit or loss in investment.
** Trading volume is displayed as a candle body based on 10EMA.
How to display (in order from darkest to darkest)
More than 3 times the trading volume of 10EMA > 2.5 times > 2.0 times > 1.25 times > Trading volume below 10EMA
** Even if you know other people’s know-how, it takes a considerable amount of time to make it your own.
** This chart was created using my know-how.
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DOT - Rainy 24 Hours Ahead 🌧️ Bearish ScenarioCloudy and rainy trading conditions 🌧️ loom for the global crypto market in the next 24 hours, forecasting a bearish market with downside risk. Avalanche and Polkadot encounter extremely bearish conditions, hinting at an impending rebound.
Over a one-week horizon, the ☁️ cloudy trading conditions persist. However, Bitcoin, Cardano, and Chainlink glimpse a bit of bullish ☀️, suggesting a potential slight rebound.
Follow us for more crypto weather reports!
AVAX - Rain Ahead 🌧️; 24-Hour Bearish Trend Cloudy and rainy trading conditions 🌧️ loom for the global crypto market in the next 24 hours, forecasting a bearish market with downside risk. Avalanche and Polkadot encounter extremely bearish conditions, hinting at an impending rebound.
Over a one-week horizon, the ☁️ cloudy trading conditions persist. However, Bitcoin, Cardano, and Chainlink glimpse a bit of bullish ☀️, suggesting a potential slight rebound.
Follow us for more crypto weather reports!
DOTUSDT at weekly and monthly support confluenceThe price is trading at the confluence of weekly and monthly support. The upper side of this support range has already held the price twice in past and provided bounces. The first one was stronger than the second one. The second bounce slowly retraced and has come back into the support zone. I think this is the last line of a significant support at least for the pair on this chart. And I expect this support to hold and make the price reverse for significant move to the upside. The price still has the possibility to go a bit below and probably breach this support on intra weekly basis but it should not close below it. Overall, this one is looking good for the long side on high time frame but some smaller downside potential is still there and therefore slowly building a long position is desired and recommended.
POLKADOT - Lower Timeframe Overview ✅On the lower timeframe, we can see that we have 2 entry trendlines in place.
The orange trendline = Risk entry
The red trendline = Safe entry
We can even go down further to find a sniper trendline.
Trade Idea:
- watch for break of either trendline for entry
- once trendline broken, stop loss goes below price
- Targets: 6, 7, 8
Goodluck and as always, trade safe!
DOTUSD: want me some hotdotsI have wanted to accumulate some DOT for a while adding to my portfolio of layer 1 bags but for some reason other names have always been at a more attractive price point and Dot always seems to make a lower high. So, I have always backed out of buyin. Dot has bounced off of last low (didn't make a lower low by fraction of pennies) but most likely won't hold it. According to my Elliott wave count, now would be a good time got get some. If price falls into the rectangle box area, I will add 1 or 2% of my portfolio to Dot and stop loss will be at ATL, so pretty good risk/reward. If price starts to move upwards, then $5.7 lower high area will the spot to watch. I will get some at a higher price if there is a new uptrend. I like how this project enables defi but the current regulatory landscape might be working against it. At any rate, I think it is a good project and I want to hold some for long term.
DOT Outlook: Clouds ☁️ Hover Over Next 24 Hours, Downside RiskDOT could be in for a rocky ride over the next 24 hours, as ATTMO's AI-powered crypto forecasting tool projects cloudy skies ☁️ and a potential bearish trend.
Stay informed with ATTMO's real-time market predictions to navigate the ever-changing crypto landscape.