DOT: Loading a SUPER SWEEP? 🚀
Context
Magnet
Order Flow & Positioning
Location & Momentum
My Take 🎯
I think price is primed for a SUPER SWEEP UP — a quick run to $4.40x to clean that weak high/singles and restore balance.
Confirmation to go with it
Reclaim local RH/VWAP +
(1) Futs CVD turns up, and
(2) coin-OI drops on the push (short cover) or USDT-OI starts adding on dips (fresh longs).
Invalidation
If accepted above $4.40–4.41 → continuation runway. Sharp wick/reject there → fade back to VWAP/POC.
#DOT #Crypto #Perps #OrderFlow #CVD #OpenInterest #PriceAction #SuperSweep #DOTUSDT #FuturesTrading #Derivatives #FundingRate #GoldenPocket #Fibonacci #Breakout #Reclaim #CryptoTrading
Context
- Downtrend since 21 Jul → bounce 02 Aug → local high 14 Aug at 0.75 fib → drop & range.
- Weak/Bad High (TPO/VP)
- No excess at the 14 Aug high (flat top, multiple TPOs, no selling tail) → unfinished business above → likely sweep/revisit.
Magnet
- 0.786 fib aligns with LTF & HTF single prints around $4.40 → prime repair target to rebalance the auction.
Order Flow & Positioning
- Futs CVD (coin & USDT): ↓ → perps are the aggressive sellers.
- Hidden bull div (USDT-perps CVD): price prints a higher low while USDT-margined CVD makes a lower low → sellers got louder but couldn’t make new price lows → absorption → squeeze odds up.
- Spot CVD: ↑ while price flat/slightly ↓ → bullish divergence (spot accumulation absorbing perp selling).
- OI (USDT-margined): drifting lower → deleveraging; few fresh longs.
- OI (coin-margined): flat/↑ → shorts/hedges still on = squeeze fuel if price turns.
Location & Momentum
- Accumulating in the golden pocket (02 Aug → 14 Aug range).
- Sitting at Fixed-Range VAL (21 Jul → 30 Aug).
- 1H RSI: clear bullish divergence.
My Take 🎯
I think price is primed for a SUPER SWEEP UP — a quick run to $4.40x to clean that weak high/singles and restore balance.
Confirmation to go with it
Reclaim local RH/VWAP +
(1) Futs CVD turns up, and
(2) coin-OI drops on the push (short cover) or USDT-OI starts adding on dips (fresh longs).
Invalidation
- Acceptance below VAL / golden pocket with coin-OI rising (new shorts in control) or loss of the HL that created the hidden bull div.
If accepted above $4.40–4.41 → continuation runway. Sharp wick/reject there → fade back to VWAP/POC.
#DOT #Crypto #Perps #OrderFlow #CVD #OpenInterest #PriceAction #SuperSweep #DOTUSDT #FuturesTrading #Derivatives #FundingRate #GoldenPocket #Fibonacci #Breakout #Reclaim #CryptoTrading
Note
Check the Open Interest and CVD data here!: ibb.co/PZFV5m4kTrade active
DOT swept retail out of the game. The flat, (kinda weak) low got swept. Might get a sweep up now. (or not ;))
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Related publications
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.