DOTUSD 5DDOT ~ 5D 📈
#DOT Support Retest successful, Make gradual purchases from here, with a minimum target of 20%++. 🔼
Dotanalysis
Cryptolean Polkadot DOT Update Polkadot is consolidating above $10.74.
A bullish reversal from the current price location will result in a bullish move to $11.78.
A bearish break-out of $10.74, the key daily support, will push DOT price towards the support zone of $9.38-$9.76.
Intraday Chart
The DOTUSDT 4-Hour chart is bullish and is trading above $10.91.
(1) A bearish dip and a bullish rejection of $10.91 or (2) a bullish move from its current price location will push price to the key intraday resistance zone of $11.62-$12.13, where I will be closely watching the #Polkadot price action.
A bearish break-out of $10.91 will lead to a slow price decline to $10.31.
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DOTUSDT.1DBased on the provided market data, the DOT/USDT pair is currently showing signs of a bullish trend. The current price of 9.785 is above the support levels for 4h, 1d, and 7d, indicating a strong buying pressure.
The RSI (Relative Strength Index) is a momentum oscillator that measures the speed and change of price movements. An RSI above 70 usually suggests overbought conditions. The RSI values for 4h, 1d, and 7d are 71.71, 85.95, and 74.16 respectively. This indicates that the market is overbought in these timeframes, suggesting caution as there could be a potential reversal or slowdown in the trend.
The MACD (Moving Average Convergence Divergence) is a trend-following momentum indicator. A positive MACD indicates that the 12-day EMA is above the 26-day EMA, which is a bullish signal. The MACD values for 4h, 1d, and 7d are positive, reinforcing the bullish trend.
The Bollinger Bands (Bb) indicate the volatility in the price. The current price is below the upper Bb for all timeframes, indicating less volatility and a potential for price to go higher.
The resistance levels for 4h, 1d, and 7d are 10.720, 10.840, and 10.992 respectively. These are the levels that the price would need to break through to continue its upward trend.
In conclusion, the market data shows a strong bullish trend for the DOT/USDT pair. However, the high RSI values suggest the market is overbought and there could be a potential price correction or slowdown in the trend. As always, it's important to consider other factors and your own risk tolerance when making investment decisions.
🚨Polkadot(DOT) can Drop ➖15%🚨✅The Polkadot(DOT) reacted well to the Resistance lines and started Falling again .
🌊Regarding Elliott wave theory , Polkadot(DOT) seems to be completing Corrective Waves .
🌊The structure of Corrective waves is Zigzag(ABC/5-3-5) .
🔔I expect the Polkadot(DOT) to go down to at least the🟢 Support zone($6.30-$5.67) 🟢and Support lines to complete microwave 5 of the main wave C .
❗️⚠️Note⚠️❗️: An important point you should always remember is capital management and lack of greed.
Polkadot(DOT) Analyze (DOTUSDT), 4-hour time frame ⏰.
Do not forget to put Stop loss for your positions (For every position you want to open).
Please follow your strategy; this is just my Idea, and I will gladly see your ideas in this post.
Please do not forget the ✅' like '✅ button 🙏😊 & Share it with your friends; thanks, and Trade safe.
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
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DOT Weekly Analysis - Are We Going to $5 or $15!?DOT broke out of its descending wedge pattern last week with a bull bar closing near its high, a strong breakout bar. Since then, the price has pulled back to the 30EMA, but will it hold?
Bitcoin is currently pulling back from its Weekly bull channel resistance as depicted in my Bitcoin 4HR and Weekly analysis. DOT will likely follow its lead with the broader market sentiment and pull back to the top of the descending wedge. If you're looking for a long, you could fade your position from here to the $5 mark and wait for a buy signal and a strong bull confirmation bar closing near its high. For the next couple of weeks, I expect the price to pull back and drip toward the downside.
Key Points
1. Breakout from Descending Wedge!
2. Pullback to 30EMA
3. Pullback may continue to the top of the wedge.
4. Bitcoin Leading Indicator, Pulling Back
5. RSI is just above 50.00, Room to Fall
You are solely responsible for your trades, trade at your own risk!
Let us know what you think in the comment section below!
DOT one of the most perfect chartsHi Everyone;
Today we have DOT, one or the most respected chart
DOT is respecting the TA and have a potential very good growth
as you see the risk to reward is around 400 time the risk
which make it one of the best option to Invest
good luck every one
DOT Watchout for Resistance LvelDOT is near its Resistance level at $5.65. There is 2 Possible scenarios, Yellow and Red.
Yellow: DOT created double top pattern and if $5.65 Resistance will be broken it can move to its next Resistance as a trend line + EMA 200 from where I am expecting a continuation of bullish trend.
Red: Coin's price will keep moving inside the triangle until we eventually will see a break out.
In both scenarios DOT has the next target at $7.3.
Trade safely.
W10-14 DOT SHORT TERM BULLISH IDEAPotential Bullish Entry
Dow Theory In Place - Higher High and Higher Low Expected in Place
Formation of Harmonic Bullish reversal Pattern AND DOUBLE BOTTOM coupled with bullish divergence at potential reversal zone (PZR)
Entry, SL & TP Levels are defined.
Polkadot DOT price growth is still aheadIt is very likely that the DOTUSDT price is currently in the process of forming a global reversal trend pattern - "Inverted Head and Shoulders"
Of course, the final confirmation of the pattern's formation will come after the DOT price is firmly established above $10, and buyers will need to make a lot of effort to achieve this.
Looking at the chart, we can say that the rebound of the DOTUSD price from the bottom can be called quite weak compared to other altcoins.
Buyers of Polkadot token have not broken "shorts stops" yet, which are most likely hiding above levels $7.20 and $8.20, which are the first targets for growth.
Once this target will reach - when the shorts' stops are broken - a price correction may begin.
The medium-term target for DOT price is growth to $10+.
Long-term target - growth in the range of $19-23.5
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Polkadat falling triangleA descending triangle is being completed. Look for short trades in the red area above. Don't forget capital management and stop
#DOT/USDT 1DAY UPDATE Hello, welcome to this DOT/USDT 1DAY chart update by CRYPTOSANDERS.
I have tried to bring the best possible outcome to this chart.
Show some support, hit the like button, and follow and comment in the comment section. this motivates me to bring this kind of chart analysis on a regular basis.
CHART ANALYSIS:-DOT/USD was down by as much as 5% in today’s session, falling to a low of $5.72.
Today’s drop saw the token move closer to its support level at $5.60, which has mostly been in place for the last week.
Looking at the chart, the RSI also dropped to a floor of its own, with the index colliding with its support at 41.00.
Should the index move below this point, we will likely see Polkadot move toward $5.30, which would be a two-year low.
Traders will likely also be paying attention to the moving averages, as the indicator still looks positioned for further downward momentum.
This is not a piece of financial advice.
Hit the like button if you like it and share your charts in the comments section.
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Polkadot DOT price has nowhere to fall below. It's time for longIt's been a while since we did a DOTUSDT idea, then it's time to refresh our thoughts.
As you can see from the chart, the DOT price is clearly moving from one liquidity level to another, we have marked them nicely on the chart.
So, we assume that the price of the Polkadot token will consolidate a little more, buyers will gain strength and break up from the falling channel.
Therefore, we make an assumption for ourselves about the possible movement of the DOTUSD price
Long to $6.60 - correction - long to $7.90 - correction - long to $9.50-10
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DOTUSDT 145 profit potentialrecently got 22% profit
now breaks another chart in daily tf
expecting 150% bulish wave
#Polkadot down 88% in 11 Months, is the DOT Bear Run Over?Past Performance of Polkadot
Polkadot, like most coins, is inside a trading range, and buyers are yet to unshackle themselves from determined sellers. From the daily chart, DOT is up a paltry six percent from September 2022 lows. However, from the daily chart, there are flashes of strength, signaling growing upside momentum.
#Polkadot Technical Analysis
DOT is within a bear formation but bottoming up from 2022 lows. Even though the coin is shaped by the losses of September 18, the rejection of lower prices in the first week of October may be the basis for more expansion in October. Whether DOT's impressive performance thus far can continue depends on whether there is a high volume close above the middle BB and $7, the upper limit of the current consolidation. In that case, DOT may easily soar to $8 and later $9.5, marking August 2022 highs.
What to Expect from #DOT?
DOT is at around 2022 lows and down 88 percent from 2021 highs. After months of lower lows, the bear run may be near. However, this depends if DOT can close above $7 with increasing trading volumes. If not, further losses below $6 may quickly lead to panic sales to new 2022 lows.
Resistance level to watch out for: $7
Support level to watch out for: $6
Disclaimer: Opinions expressed are not investment advice. Do your research.
Dot ( #polkadot ) usdt ready for buy ?I think there are many buy orders in the $4 range waiting for Dot
Your own risk
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#Polkadot is Free Falling, DOT May Collapse to $6Past Performance of Polkadot
Polkadot bears are relentless at spot rates, per the formation in the daily chart. After a brief consolidation, DOT prices are down double digits in the last trading month, dropping nine percent on the previous trading day alone. As per the DOT candlestick arrangement, traders should look to align with the primary trend by unloading on dips below $8 and the middle BB.
#Polkadot Technical Analysis
Currently, sellers are firmly in control. After the DOT price consolidated in the first week of September, even printing encouraging higher highs, the coin is now recoiling from the middle BB and August 26 highs at around $8. Technically, bears are in control. DOT is under pressure from an effort versus result analysis since buyers didn't break above the middle BB or reverse losses of August 26 or 19. With the trend defined and the coin within a bear breakout formation, the immediate target is at $6, marking July 2022 lows.
What to Expect from #DOT?
Even though buyers are upbeat and confident that DOT's bottoms may be in, the liquidation wave appears too strong for bulls. Sellers are in a commanding position, reading from the formation in the daily chart. If DOT fails to hold prices above $6, the coin may slide to new 2022 lows.
Resistance level to watch out for: $8
Support level to watch out for: $6
[ b]Disclaimer: Opinions expressed are not investment advice. Do your research.
DOT descending channel. make or break the middle line?#DOT/USDT
$DOT is inside descending channel and around the middle line.
🐮 holding the middle line as support will increase price toward upper line.
🐻 break down from middle line will drop price to lower line, as the middle line can be the neck line of head and shoulders pattern.
DOT cup and handle#DOT/USDT
$DOT shaped a Cup & Handle pattern in 1h time frame!
🐮 breaking out the middle and upper line of descending channel that is the handle will confirm this pattern and will bring it up to touch 2 fib level of the cup which is around $8.4.
🐻 breaks down from the lower line of channel will invalid this pattern and can drop price to middle line of daily descending channel around $7.
DotClose 50% of position in r\r2 and 50% in r\r7.You can close 50% of this with dow. When last pivot breaks.
DOT target $9.338DOT is making a bull flag on daily chart
Technical target of bull flag is $9.338
We have some bullish divergences on LTF so looks like we will soon see a breakout.
DOTUSDT 12h Possible scenario movement for Polkadot priceToday we will analyze the local situation on the DOTUSDT price schedule.
But to begin with, we recommend that you familiarize yourself with our global idea of DOTUSD on a 3-day timeframe.
At the final price squeeze, sellers managed to spill the price below $6.36 to $6.02. However, buyers sharply bought the decline and closed the trading day at $6.46, after which the growth continued.
If we compare the price rebound of DOT with other altcoins, we can say that it is average in terms of values, maybe even weaker than the average statistical rebound.
However, if you believe in the prospects of the Polkadot project and ecosystem, but did not have time to buy it at the bottom, then fate may give you a second chance.
Buying in the area $6.65-7.00
And further growth is possible according to the following route: $7.00 - $9.00 - $7.50 - $10.00
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