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$DOT
Chart Analysis (DOT/USDT):
1. RSI Reading:
Current RSI value: 36.63
This value indicates that the market is approaching an oversold condition.
If it drops further towards 30 or below, it can be considered a buy entry signal with an expected bullish bounce.
---
2. Price Action:
Current price: $8.352.
Support: 8.136 (recent bottom).
Resistance: 8.621 (nearest resistance level after the bottom).
---
3. Moving Averages (MA):
MA7 (yellow): 8.514 (downward).
MA25 (pink): 8.688 (downward).
This indicates that the short- and medium-term trend is bearish, and selling is still dominant.
---
Suggested Strategy:
1. If you are thinking of buying:
Wait for a positive breakout of the RSI indicator above 40.
Enter buy at the support levels of 8.136 or in case of a strong green candle bounce with a close stop loss.
Momentum:
A decrease in price with a decrease in RSI confirms the downward trend, so caution is required when entering.
---
General Recommendation:
Wait for confirmations from either RSI or price action before making a buy or sell decision.
Follow the support levels of 8.136 and resistance levels of 8.621 carefully.
Chart Analysis (DOT/USDT):
1. RSI Reading:
Current RSI value: 36.63
This value indicates that the market is approaching an oversold condition.
If it drops further towards 30 or below, it can be considered a buy entry signal with an expected bullish bounce.
---
2. Price Action:
Current price: $8.352.
Support: 8.136 (recent bottom).
Resistance: 8.621 (nearest resistance level after the bottom).
---
3. Moving Averages (MA):
MA7 (yellow): 8.514 (downward).
MA25 (pink): 8.688 (downward).
This indicates that the short- and medium-term trend is bearish, and selling is still dominant.
---
Suggested Strategy:
1. If you are thinking of buying:
Wait for a positive breakout of the RSI indicator above 40.
Enter buy at the support levels of 8.136 or in case of a strong green candle bounce with a close stop loss.
Momentum:
A decrease in price with a decrease in RSI confirms the downward trend, so caution is required when entering.
---
General Recommendation:
Wait for confirmations from either RSI or price action before making a buy or sell decision.
Follow the support levels of 8.136 and resistance levels of 8.621 carefully.
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Reading and Analyzing the Chart (DOT/USDT):
RSI Analysis:
Current RSI Value: 67.46
This indicates that the currency is approaching the overbought zone (70 and above), a level where the market could start correcting or slowing down.
Additional Notes:
1. Current Price: 9.056
There is strong buying momentum that has led the price upward.
The price is close to the 99 Moving Average (MA99) at 9.47, a potential resistance level.
2. Candlestick Pattern:
Recent green candles indicate a strong uptrend.
3. Volume:
An increase in trading volume indicates strong interest from traders.
---
My Advice:
If you own the currency:
Partial Selling Strategy:
Consider selling when the RSI reaches 70 or if the price crosses 9.47 (resistance level).
Place a stop loss order below a nearby support level (e.g. 8.46).
If you are thinking of buying:
Wait for a correction:
It is best to buy when the RSI drops to levels closer to 50 or below.
Watch if the price will return to test the support at 8.46.
Continuous monitoring:
Use additional signals such as the MACD or moving averages to confirm the trend.
$DOT
RSI Analysis:
Current RSI Value: 67.46
This indicates that the currency is approaching the overbought zone (70 and above), a level where the market could start correcting or slowing down.
Additional Notes:
1. Current Price: 9.056
There is strong buying momentum that has led the price upward.
The price is close to the 99 Moving Average (MA99) at 9.47, a potential resistance level.
2. Candlestick Pattern:
Recent green candles indicate a strong uptrend.
3. Volume:
An increase in trading volume indicates strong interest from traders.
---
My Advice:
If you own the currency:
Partial Selling Strategy:
Consider selling when the RSI reaches 70 or if the price crosses 9.47 (resistance level).
Place a stop loss order below a nearby support level (e.g. 8.46).
If you are thinking of buying:
Wait for a correction:
It is best to buy when the RSI drops to levels closer to 50 or below.
Watch if the price will return to test the support at 8.46.
Continuous monitoring:
Use additional signals such as the MACD or moving averages to confirm the trend.
$DOT
dot
hello dear friend kindly tell me$ARB
hold or close
tell me review
hold or close
tell me review
hold
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dot - fet - ada - arp
I have two thousand dollars, what currencies do you recommend for me? $XRP $PIVX $MEME
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What are these numbers?
$DOT is holding steady at $6.50, with an ambitious target of $14.9. Support near $5 is securing its base in volatile conditions. Watching Bitcoin dominance will reveal crucial insights into the market sentiment that is influencing $DOT’s advance.
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xrp & arp &dot👇👇
$FET Farce
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Advice: What currencies can we invest in during this period?
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Wake up 👻 If you think we are at the beginning of a bull market, you are in a big illusion... We are in the heart of the fourth phase
If you think it's still early and that we are at the beginning of the Bull Run, let me shock you with a fact that may completely change your strategy, even though I warned in previous analyses 🏴☠️
What you are experiencing now is phase 4 of the market journey... Altseason has begun as the index has crossed 55.
Follow me for details ✅
What you are experiencing now is phase 4 of the market journey... Altseason has begun as the index has crossed 55.
Follow me for details ✅
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This will be removed from the platform in December.
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dot
looking for advice i have invested 700$ in ADA/XRP/ETH/DOGE/PEPE/SHIB/SUI/TRX and i have 300 USDT left where should i invest it?
dot
New to Binance
Any advice? $ARB $OP $SOL 🤑
Any advice? $ARB $OP $SOL 🤑