DOTUSDT trade ideas
DOT/USDT Could DOT breaking out of the Daily Resistance ???💎 DOT's market dynamics have been quite engaging recently. At present, DOT has shown resilience, bouncing back from the demand area and marking its recovery with a strong green candle.
💎 This upward trend is now poised to challenge the daily resistance area. Historically, DOT has faced significant rejections upon reaching this zone. However, a successful breach of this resistance could herald a bullish phase, potentially easing the path towards our designated strong resistance target.
💎 Conversely, should DOT fail to overcome the daily resistance barrier again, it may be inclined to revert downwards, heading back towards the demand zone. This downward trajectory could be more pronounced due to the diminishing momentum.
💎 If DOT cannot maintain its stance above the demand level, the likelihood increases for a descent towards the Bullish OB area, or possibly further down to the strong support area. This scenario would indicate a bearish trend for DOT, necessitating close observation of its support interactions.
DOTUSDT # 001 ( chance for bullish Rally on Alt season ! ) Hello dear traders.
Good days .
Within long time bearish Move , finally DOTUSDT start Bullish move .
On Weekly Gann Square time Frame , 2nd Arc resistance Broken and retested .expected to DOTUSDT grow to the 0.618 or 0.75 Gann Box Fib a level .
Total market is bullish , specially Alt coins have good chance grow enough ..
Chart and rapid map is plotted with help of Gann Square and Gann Box.
Good luck and safe trades.
Thanks for your support and comments.
DOT Bearish Forecast ☁️; BTC, ETH Bullish, ☀️ OutlookBullish skies ☀️ grace the global crypto market for the next 24 hours! Upside potential beams for Bitcoin and altcoins as the SEC approves the first spot Bitcoin ETFs. A very bullish forecast for Ether, with a market correction on the horizon. 🚀
ATTMO predicts a sunny week overall, but watch out for bearish clouds ☁️ looming over Polkadot, signaling potential downside risks.
Stay weather-wise in the crypto world and follow us for more crypto weather reports!
DOT - correction incoming? [By Ivan | Skyrex]Hello, everyone!
BINANCE:DOTUSDT demonstrated great pump yesterday. But this pump is not gonna be forever. We can see the early reversal sign right now. 5 Elliott waves structure has been completed and Awesome Oscillator has a bearish divergence. We have a clear correction target is 0.38 Fibonacci, equals $6.3.
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DOTUSDT is BearishBearish RSI divergence has appeared on 15 min time frame, and this could potentially trigger a bearish rally. Targets are mentioned on the chart.
DOTDOT is currently struggling at hourly timeframe.
We can take long if it breaks the resistance and sustains above it.
DOTDot is currently facing resistance at weekly resistance.
There is a buying opportunity to buy if it manages to sustain above the weekly resistance.
DOTUSDTDOTUSDT is trading in descending channel and printing consistent LLs LHs. Recently the price is broken the important support zone and now retesting the broken level, which is also the 50% Fib retracement level.
If the sell momentum continues the next target could be 5.50
What you guys think of this idea?
DOT - This time is different?DOT is another asset I trade maybe once or twice a year - I gave up trading it after the 2021 top and I saw many people got burnt trying to long it over the past few months since bitcoin's 15k bottom.
I still prefer lower targets, but time is at an important place so I might be too greedy to wait for it. Still, if lower targets comes within this week and the next, it can be a good buy hodl for mid to long term.
#DOT/USDT LONG#DOT
We have had a Down flag since May 2022
The price respected the limits of that channel to a great extent
Now we have a breakout of the boundaries of that channel to the upside with a break of the Moving Average 100 up
Price 5.55
First target 7.38
The second goal p.17 9
We are oversold on the MACD and bullish supported by buying momentum
What is DOT's next move?The large wave B of the DOT symbol is over and we are now in an ascending C wave
Wave a consists of C and now we seem to see a correction for wave b of C The green range is the rebuy zone, which consists of two FLIP lines
Closing a weekly candle below the green range will violate the analysis
For risk management, please don't forget stop loss and capital management
Comment if you have any questions
Thank You
$DOT - SHORT SET UPDot hit the 2.618 FIB level and is retracing back down, it crucial for the price to hold above $6.64 support level for it to continue its uptrend.
Other wise if broken there might be a small dump from $6.64 (would be a good entry) to $5.9 (TP 1) which we can generate good gains from shorting.
So watch the support level mentioned and make sure you place a tight stop loss above $6.64 just in case CRYPTOCAP:BTC decided to pump.
TP 2 would be around 5.704.
Ps: CHANGE UR STOP TO ENTRY IF TP1 HITS.
Dot LongBuy in around low 7 dollars
DOT will go up as long as it respects the black line
Polkadot 2.0 Launch Date
Gavin Wood, the brain behind Polkadot, is deeply engaged in rolling out Polkadot 2.0.
The tech side of things is slated to be all set by the end of 2023, but the actual upgrade and launch are scheduled for the early part of 2024.
This schedule coincides with the final rounds of the big DOT token release events, possibly kicking off a fresh surge of optimism.
One standout feature of Polkadot 2.0 is its revamped method of handling blockchain ‘real estate,’ which could mean more active trading of the DOT token. The money made from selling what’s essentially ‘time on the blockchain’ will go into Polkadot’s own Treasury. From there, people who hold tokens will have a voice in deciding how that money’s used, thanks to the network’s governance system. There’s also talk of regularly scheduled token destruction, which could reduce the number of DOTs over time, potentially giving its value a boost.
Second chance to buy Polkadot?As we know Dot hit rock bottom in October. Since then Polkadot didn't even consolidate, maybe did some pullbacks. This is my idea of how it will go in near future. First support zone is around 6.6-6.8 which is minor support zone. If first support zone can't hold Dot above we most likely to see 5.5-5.75 zone which is a major support zone. And I will be looking for Long position entry either futures and spot.
Buy at support level is preferred at this timeDoesn't look like the follow buy strategy is going to work at this moment. Buying at support level, i.e. EMA200, EMA100, EMA50, will be more ideal during this volatile market. Focus on large cap first, e.g. BTA, ETH, SOL, AVAX, DOT, MATIC, etc. They are less volatile.
DOT Bearish signGood day
Dot is currently trading in the range of 7.5-10 if we fail to go above 8.50 i will expect this pattern to play out and DOT will retest the major support between 4.75-3.50. This however all depends on BTC if BTC pumps it will recover , if BTC dumps to retest 28,000-32,000 range it will drop to those major support.
DOTUSDT.4HBased on the provided market data, the DOT/USDT pair is currently trading at 7.881. The Relative Strength Index (RSI) for 4 hours, 1 day, and 7 days are 41.06, 53.25, and 67.69 respectively. This suggests that the currency is neither overbought nor oversold in the short term (4h), slightly bullish in the medium term (1d), and somewhat overbought in the long term (7d).
The Moving Average Convergence Divergence (MACD) for 4 hours, 1 day, and 7 days are -0.202, 0.412, and 0.681 respectively, indicating a bearish trend in the short term, and a bullish trend in the medium and long term.
The Bollinger Bands (BB) for 4 hours, 1 day, and 7 days are 9.593, 9.600, and 9.610 respectively, suggesting the price is in the lower range, indicating a potential upward movement.
The support levels for 4 hours, 1 day, and 7 days are 7.320, 6.560, and 5.800 respectively. If the price falls below these levels, it may indicate a bearish trend. The resistance levels for 4 hours, 1 day, and 7 days are 8.900, 8.002, and 9.180 respectively. If the price breaks through these levels, it may suggest a bullish trend.
In conclusion, the DOT/USDT pair shows a mixed trend with short-term bearish and long-term bullish signals. It is recommended to keep a close watch on the resistance and support levels, as well as the RSI and MACD for any potential trend reversals or confirmations. Please note that this is just a technical analysis and actual market conditions may vary. Always consider other factors and conduct thorough research before making any investment decisions.
Dot is Short Term Bearish Hello Everyone, Today I want to show my analysis on $Dot. It is short Term Bearish as I have some confluences as mentioned below:
1: It was making HH's HL's continuously but recently it has done MSB shown by Red Line. After that it is making LL's LH's. The Next low is around 7.60 to 7.80.
2: The head and shoulder pattern can also be seen formed and neckline broken successfully with a valid retest.
3: The Trendline is also broken in 4Hr. So Overall it is looking bearish in the short term.
Let me know what are your thoughts guys!
DOTUSDTDOTUSDT Buy at HL (also 0.5 FIB , trendline support intact)
SL , TP mention in chart
Analysis at 4 hour
DOT USDT LONG SWING| DOTUSDT | LONG @ 6 - 6.5 | TP @ 6.75, 7, 7.25, 7.5, 7.75 | SL @ 5 | PATTERN = FALLING WEDGE | BYBIT |
Swing trade idea. Kindly follow targets and stop loss. Will update with new targets once all 5 are achieved. Mostly trading with PNF charts, MACD, RSI, Stoch, BPI, Cipher, MA/EMA, Support/Resistance on hourly timeframes and higher time frames
BINANCE:DOTUSDT BINANCE:DOTUSDT.P BINANCE:DOTUSD BYBIT:DOTUSDT.P OKX:DOTUSDT.P MEXC:DOTUSDT.P COINBASE:DOTUSD BYBIT:DOTUSDT
