DOTUSDT.1DBased on the market data provided, the DOT/USDT pair is currently trading at 5.119 USDT. Let's analyze the technical indicators:
Relative Strength Index (RSI): The 4-hour RSI is at 58.85, indicating a slightly bullish momentum. The daily RSI is at 78.94, which is in the overbought territory and suggests a possible price correction. The weekly RSI is at 52.69, indicating neutral momentum.
Moving Average Convergence Divergence (MACD): The 4-hour and daily MACD are positive, suggesting bullish momentum. However, the weekly MACD is negative, indicating bearish momentum.
Bollinger Bands (BB): The price is near the lower band in the 4-hour timeframe, indicating potential oversold conditions. In the daily and weekly timeframes, the price is closer to the upper band, suggesting overbought conditions.
Support and Resistance Levels: The immediate support levels are at 5.008 and 4.792 in the 4-hour timeframe, and 4.531 and 4.021 in the daily timeframe. The immediate resistance levels are at 5.233 and 5.514 in the 4-hour timeframe, and 5.977 and 6.700 in the daily timeframe.
In conclusion, the technical analysis suggests mixed signals. While the 4-hour and daily timeframes indicate bullish momentum, the weekly timeframe suggests a bearish trend. The RSI is overbought on a daily basis, suggesting a potential price correction. However, the price is near the lower Bollinger Band on the 4-hour chart, suggesting potential oversold conditions. Traders should be cautious and consider both short-term and long-term trends while making decisions. This is not financial advice, and market conditions can change rapidly.
DOT
POLKADOT helloo dear trader
polkadot breakout downtrend channel and ready for pump
Dot is always pumped first, then chainlink , but in this bullish market 2023 , the link is pumped first, then dot will be pumped,
polkadot will soon be above 10 dollars.
polkadot one of the best crypto currency project
goodluck
DOT Polkadot Technical Analysis And Trade IdeaWelcome to our DOT/USDT Technical Analysis and Trade Idea. In this video, we will delve into the charts, focusing on the prevailing bearish sentiment found in the weekly (1W) and daily (1D) timeframes. Notably, our charts signal that Polkadot is currently on the verge of a resistance level, a pivotal turning point for this crypto asset. Throughout this discussion, we will explore the fundamental tenets of technical analysis, encompassing vital aspects such as analyzing the ongoing market trend, price dynamics, market structure, and other critical elements of technical analysis. As we progress through this analysis, we will meticulously examine a potential trading opportunity within the NAS100 index.
It is important to note that the insights we share in this presentation are intended solely for educational purposes and should not be construed as financial advice. Participating in the stock market and cryptocurrency trading carries a significant level of risk. Therefore, it is imperative to prudently incorporate robust risk management strategies into your trading plan to effectively navigate these challenges.
DOT/USDT 4HInterval ChartThird, we will check the DOT chart on a four-hour interval. As we can see, the price has broken the downtrend lines, creating a current uptrend which we used the blue lines to describe.
Let's start by marking support points for the price and we can see that first we have a support zone from $4.73 to $4.51, however, if the price drops lower, we can see the price return to a very strong support zone from $4.15 to $3 $.89.
Looking the other way, we can similarly determine the resistance areas that the price must face. And here we see that the price is currently fighting against a strong resistance zone from $4.92 to $5.29, and when it manages to break out of it, it will be able to move towards the resistance at $5.76.
The CHOP index indicates that there is a lot of energy for movement, on the RSI indicator we are approaching the upper limit again, and on the STOCH indicator we will soon exceed the upper limit, which should result in a rebound for the price.
Is It Finally Time To Buy DOT As Polkadot 2.0 is Coming? hello dear trader and investors
do you know( polkadot v2) faster than sol and kadena?
Is It Finally Time To Buy DOT As Polkadot 2.0 is Coming?
it is time for polkadot ’s rally
Polkadot 1.0 vs 2.0 —
A comparison between Polkadot 1.0 and Polkadot 2.0 highlights significant differences. The transition from slot leasing to a cumulative asset model will enable smaller projects to access Polkadot’s infrastructure without committing millions of dollars or locking up tokens for extended periods.
The number of available parachain slots is expected to increase from a limited 50 to a range of 500 to 1,000 cores, further expanding Polkadot’s capacity to onboard projects.
Polkadot 2.0 Launch Date —
Gavin Wood, Polkadot’s founder, has been actively involved in developing Polkadot 2.0.
While the technology is expected to be ready by late 2023, the official upgrade and release will occur in early 2024.
This timing aligns with the end of the major DOT unlock events, potentially setting the stage for a new wave of positive sentiment.
Polkadot 2.0’s new system for allocating block space could increase liquidity for the DOT token. Revenue generated from core time sales will be channeled into the Polkadot Treasury, and token holders will have a say in how these funds are distributed through governance. Periodic token burns are also being considered, which could make DOT deflationary and positively impact its price.
good luck
DOT/USDT Upward Momentum ?? Polkadot Analysis Today💎 DOT has certainly piqued our interest, achieving a breakout from the Descending Channel with a notable ascent. It would be beneficial for DOT to undergo a retesting phase initially, ensuring a stable corrective movement.
💎 Without this, DOT might reach the supply zone only to face rejection, subsequently descending to retest at the demand level or the resistance trendline of the former descending channel. However, should it manage to breach the supply zone promptly, DOT probability could advance towards its next milestone, the Bearish OB region.
💎 In the scenario of a strategic retest, it's imperative for DOT to exhibit a bounce or a sign of rejection, striving to re-engage with the supply zone and solidify its position above, thereby validating the breakout.
💎 Conversely, if DOT fails to rally, a troubling development might unfold, where DOT is unable to hold its ground at the demand zone, compromising the subsequent level. This occurrence would signify a false breakout, potentially steering DOT into a downward trajectory towards a robust support zone.
What will be the fate of DOT?We have a large diametric that has been a Polkadat symbol within this diametric for several years.
We are now in branch E of this diametric. The branch E has become a diametric itself. Now we seem to be in the F branch of E. We expect movements similar to what I drew on the chart.
For risk management, please don't forget stop loss and capital management
Comment if you have any questions
Thank You
DOT conservative targetsBINANCE:DOTUSDT
Polkadot most conservative targets
Possible Targets and explanation idea
➡️What we can't know its a timing. Dot now in 27 zone accumulation range
➡️End of bull run was in April/May 2021. I think by end of May 2024 we will hit targets
➡️Hard to say about new ATH for DOT but this is a most conservative targets take profit
➡️Based on my MP indicator we can see MACD div and big money inflow periods for DOT
➡️Time to out of Polkadot will be in orange zones on MP indicator with new bearish DIV
➡️Examples exit time you can find on a chart around October 2021
Hope you enjoyed the content I created, You can support with your likes and comments this idea so more people can watch!
✅Disclaimer: Please be aware of the risks involved in trading. This idea was made for educational purposes only not for financial Investment Purposes.
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DOT/BTC - Polkadot: Elliott_Wave_12345◳◱ Hey traders, we've identified an Elliott Wave 12345 pattern on the CRYPTOCAP:DOT / CRYPTOCAP:BTC chart. This pattern is a bullish indication and could indicate a potential trend reversal. The next resistance key levels are at 0.0001387 | 0.0001453 | 0.0001588 and the major support zones are respectively at 0.0001252 | 0.0001183 | 0.0001048. We may consider buying at the end of wave 5 at the current price level at 0.000123.
◰◲ General info :
▣ Name: Polkadot
▣ Rank: 16
▣ Exchanges: Binance, Kucoin, Huobipro, Gateio, Mexc, Bittrex
▣ Category/Sector: Infrastructure - Smart Contract Platforms
▣ Overview: Polkadot is a blockchain network designed to support various interconnected, application-specific sub-chains called parachains (short for parallelized chains). Each chain built within Polkadot uses Parity Technologies' Substrate modular framework, which allows developers to select specific components that suit their application-specific chain best. Polkadot refers to the entire ecosystem of parachains that plug into a single base platform known as the Relay Chain. This base platform, which also leverages Substrate, does not support application functionality but instead provides security to the network's parachains and contains Polkadot's consensus, finality, and voting logic.
◰◲ Technical Metrics :
▣ Mrkt Price: 0.000123 ₿
▣ 24HVol: 30.472 ₿
▣ 24H Chng: 1.653%
▣ 7-Days Chng: 8.05%
▣ 1-Month Chng: 3.68%
▣ 3-Months Chng: -18.54%
◲◰ Pivot Points - Levels :
◥ Resistance: 0.0001387 | 0.0001453 | 0.0001588
◢ Support: 0.0001252 | 0.0001183 | 0.0001048
◱◳ Indicators recommendation :
▣ Oscillators: NEUTRAL
▣ Moving Averages: STRONG_SELL
◰◲ Technical Indicators Summary : SELL
◲◰ Sharpe Ratios :
▣ Last 30D: -20.72
▣ Last 90D: -21.56
▣ Last 1-Y: -17.79
▣ Last 3-Y: -16.90
◲◰ Volatility :
▣ Last 30D: 0.30
▣ Last 90D: 0.31
▣ Last 1-Y: 0.50
▣ Last 3-Y: 0.87
◳◰ Market Sentiment Index :
▣ News sentiment score is N/A
▣ Twitter sentiment score is 0.63 - Bullish
▣ Reddit sentiment score is 0.65 - Bullish
▣ In-depth DOTBTC technical analysis on Tradingview TA page
▣ What do you think of this analysis? Share your insights and let's discuss in the comments below. Your like, follow and support would be greatly appreciated!
◲ Disclaimer
Please note that the information and publications provided are for informational purposes only and should not be construed as financial, investment, trading, or any other type of advice or recommendation. We encourage you to conduct your own research and consult with a qualified professional before making any financial decisions. The use of the information provided is solely at your own risk.
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Polkadot's Critical Retest: On the Path to $22! 🚀Polkadot (DOT) is entering a crucial phase as it approaches a significant horizontal level and forms a descending wedge pattern, signaling potential growth that could lead to a target price of $22. 🟣💹
The Importance of Retesting Key Levels
In the world of cryptocurrency trading, retesting key levels is a pivotal event. It often serves as a critical turning point that can determine a digital asset's future trajectory.
Polkadot's Journey: The Descent and the Retest
Polkadot's recent price action has formed a descending wedge pattern. This pattern is characterized by lower highs and lower lows, creating a narrowing price range. Within this wedge formation, Polkadot is now conducting a retest of a vital horizontal support level.
The Next Target: $22
With Polkadot's recent performance and the retest of this significant support, traders and investors are looking toward a price target of $22. Achieving this level would validate the bullish sentiment and potentially open doors for further upside.
Trading Strategy: Navigating Polkadot's Path
For those in the crypto trading community, it's essential to monitor Polkadot's price action closely. This may present opportunities based on the retest dynamics and the subsequent potential move to $22.
Conclusion: Polkadot's Journey Continues
As Polkadot retraces and retests a critical level, the crypto market watches with anticipation. In the dynamic world of cryptocurrencies, every move counts. Keep a keen eye on this exciting journey, and remember that market conditions can change rapidly.
🟣 DOT Analysis | 📈 Technical Patterns | 🚀 Crypto Insights | 💡 Trading Strategies
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Share your thoughts, insights, and predictions. 💚🚀💚
Investments zones for PolkadotBINANCE:DOTUSDT
Here is my targets for investors who have a stable coins and waiting the best golden price for long term.
Everything in -0.18 and -0.27 zones what I've mentioned on a chart is good time to accumulate more DOT
On global daily Histogram since May 2021 drop we can see how price is break new ATH and going almost to the same bottom, but on histogram shows we are really soon can see the bottom and start new alt season to my conservative prices around 70 and 100 usd per DOT
Follow me on Trading View and other social media. Link under this idea
Thanks
🚧DOT is bullish now🚧 & many Traders don't see it 👀!!!As you can see, the price is in a Broadening wedge. If the price can break this wedge, we can hope that the price will act like a butterfly pattern and the price will grow well.
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✅Thank you, and for more ideas, hit ❤️Like❤️ and 🌟Follow🌟!
DOT - Still under ResistanceI've been tracking DOT for a long time, spotted the top at $55 back in Nov 2021 and the more recent bottom.
Looking at legacy TA, It looks like it remains under the resistance ceiling after this attempt. Not that exciting after events in recent days but there is a decent chance of a rally to $8 if it breaks. If late to the party, don't feel you need to FOMO in under resistance.
Best, HF
Top:
Bottom:
#POLKADOT #DOT Long-Term targets analysis#POLKADOT #DOT Long-Term targets analysis
During the years 2020 to 2021, a five-wave ascending structure can be seen on the chart, which has taken 2.618 times ascension time to correct these five waves from 2021 to today. Referring to the rules and instructions of Elliott Style Percher, the conditions that have been created for the dot currency so far are the rise in wave 1 and a deep correction in wave 2. For this reason, we expect wave 3 to have a higher height than wave 1 (except for exceptions). Based on these rules and laws and ratios and the relation of wave length three to wave one, it is possible to get an estimate of the price targets until the end of 2025.
The goals are:
Minimum desired target : 28
Target1: 48$
Target2: 97$
Target3: 240$
Target4: 750$
STOP LOSS: 3$
DOT.USD (Full Analysis Long Term)Hello my dear Followers.
How are you?
I hope you feel great.
It's a new day and I want to talk about Polkadot (DOT)
Please pay attention that it's NOT financial advice because it's just a new vision that belongs to me. and I'm sharing this analysis with you.
So, please be aware and watch the market.
So, let's go into details.
I used the Fibonacci channel to analyze this chart.
0 is the bottom of the chart. 0.5 is the midline and 1 is the top of the Fibonacci channel. and so on
I want to check this asset in the daily time frame. Based on the information we had, we are still in a bearish trend. And expect to drop more.
Today market raised and I think it's just a pull-back to a lost support.
Please don't FOMO.
This market needs to drop more. According to my latest analysis about USDT.D, I expect this item to still go higher and higher. although the DXY is bullish too.
BTC.D is Bullish Too.
if BTC.D is bullish and Bitcoin drops, the altcoins drop more than you think.
It means that the market needs more correction.
There are four support zones for this asset, but just two zones are essential.
Let me define these zones for you. I believe that the main zones for Polkadot are 2.06 and 1.07 USD.
I don’t want to tell you the Polkadot will drop to 1.07 USD, I just tell you this zone (1.07 USD) is the last support and it might never touch the price.
the main support for Polkadot is 2.06 USD.
You should buy your asset at the cheapest price, so, you should be patient.
I want to put in my order of 2.06 USD to buy a Polkadot.
By the way, you should watch the market. Because bad news is coming. And they are really effective in this market.
The main correction wave has not started yet.
I want to refer you to my last analysis of BTC.USD in a weekly time Frame. we are still in the B wave and the C wave has not started yet.
It was my duty to warn you and tell you all the truth.
Sooner or later, but the correction is sure.
Please be patient. Control your emotions.
Opportunities in the market flow smoothly like a river.
It was my duty to tell you all things you need to know.
Please don’t forget to write your comments ✍️✍️ Like 👍👍 and Share 👌👌 this vision with your friends.
And tell me do you agree with me or not?
Good Luck
Ho3ein.mnD
MAJOR RESISTANCE TREND LINE NEEDS TO BREAK!!Keep it simple.
Once trend line is broken and retested, time to long.
Calculate Your Risk/Reward so you don't lose more than 1% of your account per trade.
Every day the charts provide new information. You have to adjust or get REKT.
Love it or hate it, hit that thumbs up and share your thoughts below!
This is not financial advice. This is for educational purposes only.
DOT is entering into bull market!Hello, dear friends!
We have some thoughts that DOT can start it's bull run right now. Talking about Bitcoin it has not clear setup, but DOT is finishing it's Elliott waves cycle.
The falling wedge pattern looks like the ending diagonal in wave 5. This wave also consists of 5 waves. Divergence with Awesome Oscillator confirms the potential reversal.
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