DOT Long Scenario DOT long Scenario.
DOT pullback from strong support zone.
Waiting for breakout of trendline.
After breakout and retest I will be looking for long
DOTUSDT trade ideas
DOTUSDT IDEAUPDATE
Looking ready to break wedge.
Breakout can take on proceedings as we predicted !!!
COIN DETALS
The live price of Polkadot is $ 6.811449 per (DOT / USD) with a current market cap of $ 8.72B USD. 24-hour trading volume is $ 147.24M USD. DOT to USD price is updated in real-time.
$Dot is trying to huge breakout 🚀CRYPTOCAP:DOT is trying to break out from a Falling wedge pattern. Pay attention to it.
🔺If #Dot successfully closes the daily candle above the edge. Then we will see a huge breakout.
🔺Also 2.0 Parachain is incoming soon 🚀
▪️ DYOR 📈
Polkadot(DOT): Reached Middle Line Of Bollinger Bands!DOT had a nice bounce from 200EMA and is now testing the middle line of Bollinger Bands.
What we are looking for here is a potential weakness to kick near the middle line, which would mean that the price gets rejected from there.
If this kind of movement doesn't happen, then we might see a movement towards the upper resistance zone, from where we will be looking at a potential short position!
Swallow Team
DOT - 4H - Falling Wedge - 20% increase possibleDOT is moving out of a Falling Wedge on the 4H time frame. First big resistance is around $8,50 and can give a profit of approx. 20% from current price.
POLKADOT Trade Idea (DOT)PolkaDot (DOT) has rallied on the 1D time frame and we can see a choch break above a previous balance area high. Price is currently testing a key resistance level. We are considering a buy opportunity if price retraces into the 50-61.8% Fibonacci zone.
This analysis is solely for educational purposes and should not be considered financial advice.
DOTUSDT: Bullish TrendDOTUSDT.P is uptrend and continues forming HHs and HLs, and there is no Bearish divergence on 1hr time frame, so we can a long entry at market price.
Polkadot(DOT): Head&Shoulders Pattern = Good Sell Opportunity? DOT coin is back on our spotlight with a great format forming here (head and shoulder pattern)
While we see good potential for this kind of movement, we still need to fully form that right shoulder, which can also be good for some short-term selling positions! But as always, our best entry relies on that neckline zone, which we are looking to break sooner this week!
Swallow Team
DOTUSDT DOT/USDT seems to be forming a higher high, that is a sign of uptrend I will enter the pullback zones of 6.789–6.711; this pullback is acting as resistance and support multiple times, and the level is also testing the 50 EMA 4 HR chart. and also the trend line acts as support multiple times , dropping down to 15-minute time frame I buy some polka dots here in this zone when I get a double bottom. Share your idea in the comment below. Thank you
DOTUSDTLooks to dip first prior to FMOC Meeting this week. Long term is still bullish.
My view is either wait for dip if it happens or progressively add.
Good luck.
DOT heads up at $ 6.86: major Golden fib, possible turning pointDOT heads up at $ 6.86, a possible turning point.
Rejection here could send this coin to new lows.
Or a break and retest could be a good long entry.
All of the levels on this chart are a single fib series.
The fib series being DOT's "Genesis" (at birth) fib.
See "Related Ideas" below for info on my methods.
DOTUSDT #002 ( BEARISH PHSE is not finished yet) Hello dear traders.
good days.
First of all thanks for your comment and support.
Dotusdt still is in bearish Gann Square .
On weekly Gann Square , Gann Arc resistance is broken and expect to retest broken Gann Fan line.
Chart is updated and plotted with help of Gann Square and Gann Box .
Safe trades and good luck .
Polkadot(DOT): Looking For Short 👀 DOT is looking for a good entry to move to lower zones, it seems.
After another touch at 200 EMA, the price has bounced back up but remains in between 100 and 200 EMA.
We are monitoring for market price movement here and any potential correction to upper zones or a potential breakdown from 200EMA.
Swallow Team
$DOT #Polkadot Trading IdeaDOT Polkadot H&S Pattern played out perfectly. Now it’s retesting the neckline/resistance level. I still expect to see the price decrease.
Dot rising wedgeDot rising wedge on the 1hr.
Eyes on a volume increase on break..
Target would be $6.10
✴️ PolkaDot | One CandleThe marked session is a Doji (yesterday | 31-December 2023).
A Doji can mean indecision just as it can mean that a change of trend is about to take place.
26-Dec. also closed as a Doji; early signal that the trend is coming to an end.
The 31-Dec. Doji confirms a bearish bias because it happens as DOTUSDT moves and closes below EMA10 on a daily basis. (This matches a rejection below EMA100 on the weekly).
This signal alone can tells us that a correction is now close.
Namaste.
THOT DotIf you find this information inspiring/helpful, please consider a boost and follow! Any questions or comments, please leave a comment! Also, check out the links in my signature to get to know me better!
Want to see an impulse up and out of this box, for confirmation.
Box break must re evaluate! lol
#TOBTC #LQR #DOTDot in daily have a minor support which is used many times
break up confirm level will lead price more value
support area is good place for spot plan
DOT shortDOT is bouncing off the Fibonacci 0.5 retracement zone which is also in line with the resistance level. Bearish movement to support level at 46.5 is expected to happen.
DOTUSDT is BullishDOT is currently bullish, after bullish RSI divergence appeared on 1H time-frame. Moreover, the formation of higher highs and higher lows further confirms the bullish move. Targets are mentioned on the chart.
DOT Spot Opportunity Dot Spot Opportunity.
Very bullish candle.
Plus pullback from Support zone.
Bullish divergence
DOT is charged to reach the moonHello, Skyrexians!
Bitcoin yestrday formed the bullish reversal bar inside the target area. At the same time altcoins including DOT did the same. 0.61 Fibonacci is super strong support area. Bullish reversal bar is the also the great sign of the potential reversal. We expect new highs for DOT in the next month.
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