I can see on this chart of DOT/USDT on the 4-hour timeframe displays a falling wedge pattern, a bullish reversal setup. The price appears to be testing the upper boundary of the wedge, signaling a potential breakout. The RSI at 56.14 shows bullish momentum, supported by a bullish divergence where the RSI forms higher lows while price moves lower.
The USDT Dominance chart indicates a bearish trend. A rising wedge pattern has formed, typically signaling a potential breakdown. The RSI shows bearish divergence, suggesting weakening momentum. Stochastic RSI is retreating from overbought conditions, indicating further downside potential. The EMA ribbon has started to flatten, reflecting reduced bullish strength. A decline in USDT dominance aligns with bullish sentiment in the broader crypto market, confirming support for BTC’s long-term bullish outlook. This setup strongly suggests continued downside for USDT dominance.
The TOTAL3 chart demonstrates a clear bullish flag pattern, indicating the continuation of an upward trend. The RSI is recovering above 45, showing renewed bullish momentum. The stochastic oscillator aligns positively, suggesting a strong buying pressure. Price action above key moving averages supports further growth potential.
This DOT/USDT liquidation heatmap highlights areas with significant leveraged positions, where potential liquidations could trigger volatile price movements. The yellow and green zones indicate the highest liquidation clusters, serving as critical levels to monitor for potential reversals or breakouts. Significant resistance is visible near $7.6, with high liquidation levels suggesting that a breakout could trigger short liquidations, driving further upward movement. Support zones around $7.2 and $7.0 are also notable, with liquidations tapering off, indicating these levels might hold if the price retraces.
Trade Details:
Entry: 7.47 ( Join my Binance live for premium crypto signals )
1st Tp: 7.576
2nd Tp: 7.588
3rd Tp : 7.662
$DOT
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