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DOT

is "Are the buyers real or fake?".👀🤔 🔴After 505 days in a downtrend, buyers have finally decided to reverse the trend. Volume confirms the reversal. The first trigger, 7.539, can be✅ 🔴If the RSI can maintain support at 69.58 and then re-enter the overbought area, this would provide further confirmation of the currency's upward trend.‼️ 🔴With a good stop-loss that could be at 6,700, he made a reasonable profit.🔆 🔴Please remember that this is my analysis and opinion.💹
Long
by AMP-BABY
1
DOT/USDT Anticipating a Breakthrough in Resistance? 👀🚀Polkadot💎Paradisers, focus on DOTUSDT as it's currently exhibiting a notable pattern in the market. Following a recent rejection at a key resistance level, IT is gearing up for another attempt to break through, hinting at a strong possibility of a bullish movement. 💎 Reflecting on #POLKADOT market behavior, we've observed its proficiency in maneuvering through a descending channel, breaking above to commence a significant upward trajectory. Currently, #DOT is maintaining a solid stance above the support level of $6.943. If it continues to exhibit strong momentum, there's a high likelihood of a robust bullish move aiming to overcome the formidable resistance at $9.703. 💎 However, in the dynamic world of cryptocurrency, alternate paths are always a possibility. Should #DOT fail to sustain its momentum, the focus may shift towards a bullish recovery from the support level of $6.197. Importantly, a fall below this level could potentially lead to a downward trend. 🌴💰
Long
by MyCryptoParadise
DOTUSDT Breaks Trend Line!The DOT/USDT trading pair has recently experienced a notable development as it broke a significant trend line after a prolonged period of consolidation. This breakout suggests a potential shift in market sentiment, with bulls gaining momentum. DOTUSDT (1W Chart) Technical analysis DOTUSDT (1W Chart) Currently trading at $5.9 Buy level: Above $5.7 Stop loss: Below $4.2 TP1: $7 TP2: $9 TP3: $13 TP4: $18 TP4: $23 Max Leverage 2x Always keep Stop loss Follow Our Tradingview Account for More Technical Analysis Updates, | Like, Share and Comment Your thoughts
Long
by GreenCryptoTrades
4
POLKADOT: +100%! What's Next?In our last analysis, we identified that we were in a 535 zigzag pattern. We had a bullish setup on the completion of wave B (subwave C). We moved up perfectly and gained over 100% raw gain from that trade! We are now at a critical zone. We are looking for a rejection here and then a move down to complete the major ABC zigzag pattern. Trade Idea: - Watch for rejection of structure - Safe entry on break of red trendline - There may be a risk trendline lower timeframe so do keep a look out for that - Targets: 3.6, 2, taper positions thereafter Goodluck and as always, trade safe! See our last analysis below:
BINANCE:DOTUSD
by WicktatorFX
8
DOT/USDT In the crucial area. Break out or rejected again??💎 DOT has certainly commanded considerable attention within the market. Currently positioned in a key supply area, DOT necessitates a breakout to sustain its upward trajectory. Success in breaking through this robust supply zone could herald a bullish shift in the mid-term, probability facilitating an effortless movement toward our target area. 💎 It's noteworthy that DOT has encountered challenges in surpassing this supply region in multiple instances, facing rejections that led to downward movements. In the event of another failure to breach the strong supply area, there's a possibility of a retracement towards the demand zone, initiating a fresh phase of testing and momentum building. 💎 The unfavorable scenario materializes if, during the retesting phase at the demand area, DOT struggles to maintain its position and eventually breaches the demand zone. In such a situation, DOT would revert to a bearish movement, potentially retracing to the strong demand area.
by MyCryptoParadise
4
Polkadot(DOT): Rising Channel Is Getting Weaker A rising channel is spotted on the DOT coin, indicating an uptrend in the short term. However, the price is currently showing an early weakness, breaking the middle line of Bollinger Bands Path. We have two possible movements here, but the end destination is the same for both of them! First scenario: We see a price to move towards upper "liquidity zone," from where we will be looking for a downward movement Second scenario: Current weakness will continue to break that rising channel, resulting in a n early downward movement towards $5.03 or even $4.81 Swallow Team
Short
by SwallowAcademy
8
DOT Future Outlook 🚀One cryptocurrency that is lagging behind in my opinion is Polkadot. Our last limit order for DOT didn't get filled. After close scrutiny, it appears to be a completed Wave (a), with the formation of Wave (b) underway or just completed. There might be a brief upward move, but I don't anticipate it surpassing the level of Wave 1. A Flat pattern, whether Regular or Expanded, seems likely, potentially for wave (c) retracing precisely to the wave (a) level or just below it. Considering this as a Wave 2 scenario, a wide stop-loss is advisable for added safety. A target around $7 would represent a 50% retracement, while pushing to $8 could mean a 67% gain. 📈
BITFINEX:DOTUSDLong
by stromm_by_wmc
2
DOT/USDT 1HInterval ChartPlease see the chart of DOT in pair with USDT. First, we will use the blue lines to mark the downward trend channel, where the price is moving in the upper range, but in this channel, the yellow lines can be used to define the local upward trend channel. Going further, we can move on to marking support areas when we start a larger correction. And here the first support is at the current price level of $5.23, then we have a support zone from $5.12 to $5.03, and then we have a strong support zone from $4.81 to $4.65. Looking the other way, we see that the price has reached the resistance zone from $5.33 to $5.40, which it does not have the strength to break yet. However, if it manages to come out on top and out of the downtrend channel, it must overcome the zone from $5.50 to $5.63. Please look at the RSI indicator, which indicates a rebound with room for the price to drop to a lower level, while if we look at the STOCH indicator, we will see that it is moving at the lower limit, which resulted in a slowdown in the correction and may result in a temporary price rebound.
by cryptodailyuk
DOT Polkadot Price TargetIf you haven`t sold DOT here: Then you need to know that Binance, along with its CEO 'CZ,' has confessed to federal charges and committed to settling fines amounting to $4.3 billion. The crypto exchange “admits it engaged in anti-money laundering, unlicensed money transmitting and sanctions violations"! The question arises: from where will these substantial funds be derived? One possible source is Binance's Proof-Of-Reserves, which reportedly exceeds 100%. Among the tokens impacted is DOT Polkadot. I've set a short-term price target for DOT Polkadot at $0.41. Looking forward to read your opinion about it!
Short
by TopgOptions
3
See if it can rise above 6.207-6.280Hello traders! If you "Follow" us, you can always get new information quickly. Please also click “Boost”. Have a good day. ------------------------------------- (DOTUSDT chart) DOT corresponds to a coin that is expanding the coin ecosystem. And, it is one of the coins that has not yet risen above the MS-Signal indicator on the 1M chart. Accordingly, the key is whether the price can rise above 9.262 and maintain the price above the MS-Signal indicator on the 1M chart. (1W chart) To break out of the bottom zone, the price must rise above 6.207 and remain there. However, the section where a full-fledged upward trend begins is expected to occur only when the price rises above 9.262-10.1307. (1D chart) Currently, the M-Signal indicator on the 1M chart is located above 7.187. Accordingly, it is necessary to check whether the price can be maintained by rising above 5.382. If that happens, it is expected to lead to an attempt to touch the M-Signal indicator on the 1M chart by rising to around 6.207-6.280. If not, you should check for support around 4.876. If it falls below 4.876, it will fall into the mid- to long-term investment area, that is, the bottom, so be careful. -------------------------------------------------- - The big picture The full-fledged upward trend is expected to begin when the price rises above 29K. This is the section expected to be touched in the next bull market, 81K-95K. -------------------------------------------------- ------------------------------------------- ** All explanations are for reference only and do not guarantee profit or loss in investment. ** Trading volume is displayed as a candle body based on 10EMA. How to display (in order from darkest to darkest) More than 3 times the trading volume of 10EMA > 2.5 times > 2.0 times > 1.25 times > Trading volume below 10EMA ** Even if you know other people’s know-how, it takes a considerable amount of time to make it your own. ** This chart was created using my know-how. ---------------------------------
by readCrypto
DOT/BTC , Accumulation zone?The price has been pushed to the plinth, the information space regarding the active is silent! Will the formation of the accumulation zone or the reaction and food news, consistently upward growth? The price is down 88.22% from its high. We've been in a downtrend for 722 days. Is it all that bad? I suggest you also watch the DOT/USDT publication. Crab pattern. (Create the illusion of a commodity that has no price. Buy what is based on your analysis, do not be manipulated! They turn your head in the other direction, in the direction of the spectacle, while backstage they are preparing the next scene for you!).
by DmitriyOstapov
DOT/USDT , Accumulation zone?Indicates the average price before the asset pumps in 2020 The price is down 93.53% from its high. We see each time on the weak reaction of the coin (breaking the resistance line of 434 days by 58.72%). Now is in a descending channel of 462 days , the reaction to work out the wedge +42.40% - into the resistance of the upper boundary of the channel The price is down to low values, pushing down, there is no positive news, is it all bad? (Creating the illusion of a commodity that has no price. Buy what is based on your analysis, don't be manipulated! They turn your head in the other direction, in the direction of the spectacle, while the backstage is preparing the next scene for you!)
by DmitriyOstapov
DOT/USDT Potential Bullish Trajectories? 👀 🚀 DOT Today analys💎 Paradisers, turn your attention to DOTUSDT as it showcases intriguing dynamics, currently positioned within a demand zone, hinting at high probability of a bullish trajectory. 💎 In recent developments, DOT managed to break free from a descending pattern, embarking on an upward trend. However, it faced resistance at the 4.622 supply level. The prevailing sentiment suggests a potential bullish push from the 4.285 demand zone. 💎 Yet, if the DOT doesn't maintain this momentum, it might find support and initiate a bullish trend from the 4.022 demand level. 💎 A breach below the 4.022 demand level could signal a bearish downturn. It's worth noting that while some newcomers might be inclined to go long, it's crucial to stay vigilant and remain a step ahead in the market.
Long
by MyCryptoParadise
1
DOT/USDT 4H Interval ChartI invite you to review the chart of DOT in pair with USDT. First, we will use the blue lines to mark the downward trend channel from which the price emerged with dynamic upward movements, moving along the locally created upward trend line. Going further, we can move on to marking support areas when we start a larger correction. however, here we have significant support at the level of $5.04, which has kept the price from further declines for now, only after it is broken, we can see the price return to the support zone from $4.51 to $4.14. Looking the other way, for now, an important level for further increases is the resistance at the price of $6.09; only after it is overcome and positively tested will we be able to see attempts at further increases in the DOT price. Please look at the CHOP index, which indicates that there is still energy to make a move, the RSI indicator shows a visible rebound, adding the STOCH indicator, which shows a reflection from the lower end of the range and visible room for growth, we can see a continuation of the upward movement before the upcoming correction.
by cryptodailyuk
Polkadot - Mid / Long term price targetsPrice points $4.05 $4.195 $5.77 (Mid/Long term target) Polkadot (DOT) is a prominent blockchain project that operates as an open-source, sharded multichain protocol. It has several key features and components that set it apart in the blockchain space: Multichain Protocol: Polkadot's primary function is to connect and secure a network of specialized blockchains, making it possible for these blockchains to interact and share data or assets across chains. This interoperability is not limited to tokens but encompasses any data or asset types. Web3 and Decentralized Internet: Polkadot is often associated with the concept of Web3, which envisions a decentralized internet of blockchains. It provides the foundation for creating a more decentralized web where users have control and data can be shared seamlessly. Layer-0 Metaprotocol: Polkadot is sometimes referred to as a "layer-0 metaprotocol" because it serves as the basis for a network of layer-1 blockchains known as parachains. These parachains operate in parallel and can be customized for specific use cases. On-Chain Governance: Polkadot features an on-chain governance system that allows it to autonomously and forklessly update its codebase. This system operates based on the preferences of the token holder community, giving them a say in the network's evolution. DOT Token: The native cryptocurrency of the Polkadot network is the DOT token. It serves three primary purposes: Staking for Security: DOT tokens can be staked to secure the network and participate in block validation. Network Governance: DOT holders can participate in governance decisions, including proposed protocol upgrades and changes. Bonding for Parachains: DOT tokens are used to bond parachains to the Polkadot network, allowing these specialized chains to connect and interact with the wider ecosystem. Polkadot's architecture comprises four core components: Relay Chain: Often referred to as the "heart" of Polkadot, the Relay Chain facilitates consensus, interoperability, and shared security across the network. It plays a crucial role in connecting various parachains. Parachains: These are independent chains within the Polkadot network that have their own tokens and can be optimized for specific use cases. Parachains can be connected to the Relay Chain to leverage its benefits. Parathreads: Parathreads are similar to parachains but follow an economical pay-as-you-go model. They offer flexible connectivity, making them a cost-effective option for projects with varying connectivity needs. Bridges: Bridges enable parachains and parathreads to connect and communicate with external blockchains, such as Ethereum. This connectivity enhances interoperability by allowing data and assets to flow between different blockchain ecosystems. Polkadot's design and features make it a significant player in the blockchain industry, as it aims to address the challenges of interoperability and scalability, while also offering a governance mechanism that allows its community to shape the network's future.
Long
by Helios_Capital_Investment
1