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DOTUSDT.PS trade ideas

Polkadot at the base, watch for bounceHello everyone, here is a very simple and clean chart of DOT/USDT. Reasons I am bullish on it: 1) DOT is at its base (4 USDT), a strong support from Sept 2020. 2) DOT respects weekly EMA (10) - when price is below, it is bearish. Alternatively, when price is above, it is bullish. 3) Last bull run in 2021 - once it crossed 10 weekly EMA, it went parabolic making a 10x gain. 4) It just made a double bottom. Last time it was at this price about a year ago it went on a 2,5x run. 5) Volume shows that it has been in accumulation for the last year. 6) BTC made ATH, altcoins will most likely follow. Not all will reach new ATHs but if you enter a trade at the bottom, you do not need an ATH to make an excellent profit. Trade idea: Since price action is still below 10 EMA it is technically still bearish. I have started accumulating, turning small part of my portfolio to DOT. My approximate TP levels: - 9 USDT - 11 USDT - 18 USDT - 35 USDT - 50 USDT Not a financial advice. Do your own research. Good luck!
Long
by carefulCheese32259
2
Potential for Further Price Growth to $6.50 After Pullback!Hey there, ✌ The price entered an uptrend phase from the $3.70 range and, following the breakout of the descending trendline on the daily timeframe, has shown a significant increase, reaching $5.70. Currently, after this upward movement, the price has faced a slight correction and has returned to the broken $5 level. Given the overall market conditions, the outlook remains more bullish. It is expected that after this pullback, the price will likely continue its significant upward movement towards the $6 and $6.50 levels. The price ranges of $5 and $4.50 – $4.20 can be considered key reversal zones. If a bullish candlestick pattern is observed and confirmed, there is a high possibility of positive price fluctuations. 💢 Please remember that this is just my personal viewpoint and should not be taken as investment advice. I’d love to hear your thoughts and share opinions! Happy trading!✌😎 Sure, if you have any more questions or need further clarification, feel free to ask. I'm here to help!✌
Long
by SasanSeifi
DOT Outlook: Healthy Pullback Before the Climb Based on my analysis, DOT may see a temporary price retracement before continuing its bullish trajectory. This aligns with key levels on the chart, suggesting a pause for consolidation before reaching new highs. 💹 💡 Suggested Strategy: ⚡ Monitor support levels around . 🛠️ Look for entry points in key zones to maximize opportunities. Do you have a different perspective, or are you preparing for the same move? Share your analysis in the comments below. 👇 #DOT #CryptoAnalysis #TradingView #Opportunities
Short
by DavidSantiagoMX
DOTUSDT: A 2,300% On the wayTechnically, Polkadot has found a concrete static support as shown on the price chart: - 4 USD has been proven to be a pretty solid support: . 1st: On 12 Oct, 20; . 2nd: On 23 Oct, 23 (some 1,092 days later); . 3rd: On 29 Jul, 24 (some 289 days on); . 4th: On 11 Nov, 24 (some 98 days later); - Harmonic Patterns have also been proven their Patternicity potential with 80% accuracy - meaning that Butterfly shape combined with Extension Fibs of 1.618 & 2.618 is going to work. - Dominance of Bitcoin is going to experience its' 1st drop following several years which is going to lead to the 1st Alt Season during a couple of months coming. - Followingly, I expect BTC this time to hit some 150K USD. Then, it is followed by the second Alt Season known as Altcoins' Party! - According to those previously mentioned Static Strong Support Zone depicted on the chart, this time, based on the Elliot Waves Theory/Principle, this bull market DOT is going to experience its' 3rd impulsive wave, and that is why Fibs of 1.618 & 2.618 has been depicted as fairly possible future scenarios reaching some 80 to 140 USD per DOT. - Bearing the last paragraph in mind the Risk/Reward ration is unbelievably high and that is also represented. - DOT's fundamental score, the FCAS, its' entire Para-chain Functionality, as a Relay Chain, utilizing the Sharding Concept, its' healthy Developer Community and the entire ecosystem, we can expect some tremendous outperforming potential for Polkadot. This is not a financial advice at all. I'm still learning. DYOR.
Long
by Morteza-Emzajerdi
12
You Will Not Believe In This Polkadot DOT Target!Hello, Skyrexians! BINANCE:DOTUSDT is one is the most hated coin now because it was introduced as a fundamentally strong crypto on the previous bull run, but on the current bull run it's performance is one of the worst in comparison with other tokens. Today we are going to show you why PolkaDot can be the sleeping giant and despite the great market cap can reach insane targets! Let's take a look at the 1W time frame. If we consider previous bull run as a wave 1, price still has not broken its bottom. It means that DOT is still in the global uptrend. Bear market for this crypto has clear ABC structure which has printed the global wave 2. It has been ended in August 2024 with the green dot on the Bullish/Bearish Reversal Bars Indicator , which is strong long signal with the bullish reversal bar. We expect that wave 3 has been already started and its targets can be measured by the Fibonacci Extension 1.61 and 2.61 levels. The first one is $89, the second $142. Best regards, Skyrexio Team ___________________________________________________________ Please, boost this article and subscribe our page if you like analysis!
Long
by Skyrexio
23