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DOT

DOTUSDT 4HDOT is holding steady above the MM200 which is proving to be a powerful support, this is a positive sign as the buyers have not allowed the price to drop below the support line. In a bearish scenario, DOT would break through the bullish channel, enter a corrective phase and move towards MM200. Already in a scenario where buyers are in power, DOT can transit through the channel and break it up to the level of 7,653, which is the most likely since Polkadot is super undervalued and its potential is enormous since it has the highest input of programming codes. Here are the supports and resistances in the 4H: Major support levels: 6,791 / 6,497 / 5,827 Main Resistance Levels: 7,120 / 7,414 / 7,619
by ferulianov
1
DOTUSD Futures ( DOTUSD03G2023 ), H4 Potential for Bullish RiseTitle: DOTUSD Futures ( DOTUSD03G2023 ), H4 Potential for Bullish Rise Type: Bullish Rise Resistance: 6.705 Pivot: 6.326 Support: 6.030 Preferred case: Looking at the H4 chart, my overall bias for DOTUSD03G2023 is bullish due to the current price being above the Ichimoku cloud, indicating a bullish market. Expecting price to retest the pivot at 6.326, where the 38.2% Fibonacci line is before continue heading towards the resistance at 6.705, where the previous swing high is. Alternative scenario: Price could head back down to retest the pivot at 6.326, where the 38.2% Fibonacci line is, before heading towards the support at 6.030, where the previous swing low is. Fundamentals: There are no major news.
DLong
by Genesiv
$Neer next move! $Nuum. $dot $ksmAs I mentioned before (NEER successfully won a parachain crowadloan by Kusama and marked a record high of participants.. I expect this project to do very well in the short and long run.) (Circulating Supply: 22.6M) (Mcap: 5-6 M) Team is delevering and working on more deliverables according to the plan, they are also working on $nuum which is somthing you need to look up if you are interested in this project. #Bitcounty #Pionner are doing well. Technical part: It looks like it is forming a giant Adam and Eve pattern. I think it is worth looking at. Good luck.
NLong
by BadrAAA
2
DOT / USDT 1D CHART - Resistance and SupportHello everyone, I invite you to review the DOT chart in pair to USDT on a one-day timeframe. Let's start by marking the downtrend line, which the price has broken above, and we are currently moving above the uptrend line. Let's move on to denoting the resistances that the price must overcome, and here we see that the first resistance is at $7.14, the second resistance is at $8.06, the third is at $8.96 and the fourth is at $10.24. Looking the other way, we can similarly determine the places of support. And here we have the first support at $6.23, the second at $5.85, then we can mark the support zone from $5.55 to $5.20, and the second support zone from $4.78 to $4.20. As we can see, the EMA Cross 10 and 30 indicate an uptrend, the CHOP index indicates entering a local downtrend, while the RSI shows a rebound and a downtrend.
by cryptodailyuk
2
DOTUSD Futures ( DOTUSDT), H4 Potential for Bullish ContinuationTitle: DOTUSD Futures ( DOTUSDT), H4 Potential for Bullish Continuation Type: Bullish Continuation Resistance: 7.222 Pivot: 6.539 Support: 6.201 Preferred case: Looking at the H4 chart, my overall bias for DOTUSD is bullish due to the current price being above the Ichimoku cloud , indicating a bullish market. Expecting price to continue heading towards the resistance at 7.222, where the previous swing high is. Alternative scenario: Price could head back down to break the pivot at 6.539, where the 38.2% Fibonacci line is, before heading towards the support at 6.201 where the 50% Fibonacci line is. Fundamentals: There are no major news.
DLong
by Genesiv
DOT on the brink of a major breakoutHi all, DOT is usually trading below the radars of the big cryptocurrency influencers although it is already proven to be superior with its all technical advancements and future implementation as outlined in the roadmap. But this is not a pro-Polkadot post, so I will keep it simple. 1. Long-term downtrend - broken. 2. 21-EMA - flipped 3. $6-$6.2 horizontal resistance - broken. What is next is the $7 mark, which is where the next major multi-timeframe resistance and former support area is situated. Additionally, it is the last high the token made on the weekly timeframe, which makes it important for the mid-term bullish reversal scenario. Lastly, that level was when DOT was initially halted back in 2020 triggering a 40 percent correction, so it is a sensitive one with a lot of trading activity around it. I'm pretty convinced a clean breakout here will result in a major push towards the $9-$10 zone. Let me know what you think in the comments Regards
Long
by FutureBlockchain
DOTUSD Potential for Bullish Continuation| 26th January 2023Looking at the H4 chart, my overall bias for DOTUSD is bullish due to the current price being above the Ichimoku cloud, indicating a bullish market. With price tapping into my buy entry at 6.124, where the overlap support and 23.6% Fibonacci line is, we are looking to take profit at 7.415, where the previous swing high is. Stop loss will be placed at 5.704, where the previous overlap support is. Any opinions, news, research, analyses, prices, other information, or links to third-party sites contained on this website are provided on an "as-is" basis, as general market commentary, and do not constitute investment advice. The market commentary has not been prepared in accordance with legal requirements designed to promote the independence of investment research, and it is therefore not subject to any prohibition on dealing ahead of dissemination. Although this commentary is not produced by an independent source, FXCM takes all sufficient steps to eliminate or prevent any conflicts of interest arising out of the production and dissemination of this communication. The employees of FXCM commit to acting in the clients' best interests and represent their views without misleading, deceiving, or otherwise impairing the clients' ability to make informed investment decisions. For more information about the FXCM's internal organizational and administrative arrangements for the prevention of conflicts, please refer to the Firms' Managing Conflicts Policy. Please ensure that you read and understand our Full Disclaimer and Liability provision concerning the foregoing Information, which can be accessed on the website.
COINBASE:DOTUSDLong
by Rockqet
Polkadot DOT price growth is still aheadIt is very likely that the DOTUSDT price is currently in the process of forming a global reversal trend pattern - "Inverted Head and Shoulders" Of course, the final confirmation of the pattern's formation will come after the DOT price is firmly established above $10, and buyers will need to make a lot of effort to achieve this. Looking at the chart, we can say that the rebound of the DOTUSD price from the bottom can be called quite weak compared to other altcoins. Buyers of Polkadot token have not broken "shorts stops" yet, which are most likely hiding above levels $7.20 and $8.20, which are the first targets for growth. Once this target will reach - when the shorts' stops are broken - a price correction may begin. The medium-term target for DOT price is growth to $10+. Long-term target - growth in the range of $19-23.5 _____________________ Did you like our analysis? Leave a comment, like, and follow to get more
by P_S_trade
53
BTC/USD POSSIBLE CORRECTION From technical point of view we can see that price came to the upper trend line which is the copy paste of lower trend line. From psychological point of view I see a lot of FOMO. "bull run started" "load your bags or stay poor" "generational lows" "what if I missed a bull run again. I need to buy now" When you look at the WALL STREET CHEAT SHEET - PSYCHOLOGY OF MARKET CYCLE I see another (probably last) push lower which is the step from anger to depression. ( link to Wall St. cheat sheet psychology of market cycle therobusttrader.com ) On a long run I still think that these levels are good levels to get in but you can face at least 30% drawdown . This is only my point of view. Do your own research and trade your own analysis.
BITSTAMP:BTCUSDShort
by CLuka
3
Price growth could continue to the $9.680 rangeGiven that the potential for an intraday trend reversal has emerged for DOT, if buyers can keep the price above $6.523, price growth could continue into the $9.680 range in the medium term. If the resistance of the ceiling of the descending channel is completely broken, it will be possible to reach the target of $9.680. Of course, pullbacks should not be ignored, and a return to the lows in the $5.102 - $5.374 range is possible. The last point is that if the previous ceiling at $6.523 is broken before the pullback, we can consider the $6.523 support as a safe zone for a pullback.
by MonoCoinSignal
DOTUSDT | DECRYPTERS |POLKADOT Hi people welcome to Team Decrypters We are buying DOT in spot for MID - Short term and Allocating 2% of portfolio #Decrypters #dot #dotusdt #usdt #polkadot Reasons :- --A trendline breakout is a situation in which the price of an asset moves outside of a previously established trendline. This can signal a potential change in the direction of the trend and can be used as a buy or sell signal by traders --Volume Profile is a charting technique that uses historical volume data to display the distribution of trading activity at different price levels., Traders use this information to identify areas of support and resistance, as well as to identify potential trading opportunities
Long
by DECRYPTERS
1