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DOTBTC

POLKADOT Massively Undervalued vs ETHAfter the big surge in DOT since early 2021, DOT moved all the way down to test the absolute bottom vs ETH since its launch. Expecting this lower range to be the bottom and a trend reversal in the coming weeks. There's bullish divergence in the RSI and MACD. Parachain auctions will be launching for DOT in the coming weeks, this will also highly increase the demand for the coin. This is not financial advise, it's just to keep track of my own trading.
Long
by Stricken
1
Polkadot (DOT) - June 22Hello? Welcome, traders. By "following", you can always get new information quickly. Please also click "Like". Have a good day. ------------------------------------- (DOTUSD 1W Chart) If the price holds above the 16.14614892 -20.26700243 range, we expect the uptrend to continue. (1D chart) It remains to be seen if the 14.81206139-18.49989746 section can find support and move up. In particular, it remains to be seen if the price can sustain above the 16.14614892 point. If it goes down from the 14.81206139 point, it can touch the 10.15772403 point and move up, so you need to be careful. In a downtrend, I think that falling when the volume is on a downtrend is the force that makes it go up faster when it goes up. ------------------------------------- (DOTBTC 1W chart) If the price holds above the 48719 Satoshi point, it is expected that the uptrend will continue. (1D chart) It remains to be seen if the price can be maintained in the 45117 Satoshi-57890 Satoshi section. If it goes down, we need to see if there is support in the 38731 Satoshi-45117 Satoshi section. To convert into an uptrend, it needs to rise above the 57890 Satoshi point and find support. ------------------------------------------ We recommend that you trade with your average unit price. This is because, if the price is below your average unit price, whether it is in an uptrend or in a downtrend, there is a high possibility that you will not be able to get a big profit due to psychological burden. The center of all trading starts with the average unit price at which you start trading. If you ignore this, you may be trading in the wrong direction. Therefore, it is important to find a way to lower the average unit price and adjust the proportion of the investment, ultimately allowing the funds corresponding to the profits to regenerate themselves. ------------------------------------------------------------ ------------------------------------------- ** All indicators are lagging indicators. Therefore, it is important to be aware that the indicator moves accordingly with the movement of price and volume. However, for the sake of convenience, we are talking in reverse for the interpretation of the indicator. ** The wRSI_SR indicator is an indicator created by adding settings and options to the existing Stochastic RSI indicator. Therefore, the interpretation is the same as the traditional Stochastic RSI indicator. (K, D line -> R, S line) ** The OBV indicator was re-created by applying a formula to the DepthHouse Trading indicator, an indicator disclosed by oh92. (Thanks for this.) ** See support, resistance, and abbreviation points. ** Support or resistance is based on the closing price of the 1D chart. ** All descriptions are for reference only and do not guarantee a profit or loss in investment. Explanation of abbreviations displayed in the chart R: A point or section of resistance that requires a response to preserve profits. S-L: Stop Loss point or section S: A point or section where you can buy to make a profit as a support point or section (Short-term Stop Loss can be said to be a point where profit and loss can be preserved or additional entry can be made through split trading. It is a short-term investment perspective.) GAP refers to the difference in prices that occurred when the stock market, CME, and BAKKT exchanges were closed because they are not traded 24 hours a day. G1 : Closing price when closed G2: Opening price (Example) Gap (G1-G2)
BINANCE:DOTUSD
by readCrypto
1
DOT, Polkadot - we made retest. Time to buy?Dot broke out the resistance line and retested it. It's a good time to open a long position with SL lower than the last low. DON'T FORGET ABOUT RISK MANAGEMENT. The situation may change. Write in the comments all your questions and instrument analysis of which you want to see. Friends, push the like button, write a comment, and share with your mates - that would be the best THANK YOU. P.S. I personally will open entry if the price will show it according to my strategy. Always make your analysis before a trade
by Yuriy_Bishko
9
DOT goes ballistic, launching toward $28Polkadot becomes of the most improved crypto assets in the top ten. The token rallied in tandem with Bitcoin's recovery from $31,000 to $37,000. Support at $20 played a key role, ensuring that DOT did not explore lower price levels. Meanwhile, most cryptocurrencies are in green on Thursday toward the end of the Asian session. Similarly, Polkadot trades at $24 following double-digit gains of over 14%, accrued in the last 24 hours. Polkadot uptrend seems intact Polkadot has lifted above two critical levels, the 100 Simple Moving Average (SMA) and the 50 SMA. These are significant milestones within this recovery mission. Note that a four-hour close above these levels would validate the upswing to the next critical level at $28. The Moving Average Convergence Divergence (MACD) indicator adds weight to the bulls' ability to take down the seller congestion at $28 and perhaps catapult DOT beyond $30. The MACD is a momentum indicator; it also follows the trend of an asset. Both sell and buy signals are usually expected from this technical indicator. Realize that the MACD line crossing above the signal line, as illustrated on the chart, is a bullish signal. The MACD line dropping beneath the same signal line is a call to sell on the flip side. Moreover, a break into the positive region (areas above the zero line) is another bullish signal. The Relative Strength Index (RSI) cements the bulls' presence in the market. This indicator tracks the trend of an asset and measures its momentum. Note that a sharp movement toward the overbought region shows the aggressiveness of the bulls. The RSI also identifies when an asset is overbought or oversold. Therefore, as the indicator hits the overbought region, investors should tread cautiously to avoid being caught unawares by a correction. Polkadot intraday levels Spot rate: $24 Trend: Bullish Volatility: Low Resistance: $28 and $34 Support: $20 and $14.5
BINANCE:DOTUSDLong
by CoinGape
4
DOT/USDT ( PolkaDot ) Now Time to book profit or Hold?#DOT/USDT TA update:- $DOT currently trading at $28 And I bought at $20-$22 Now I sold My $DOT because of big resistance at $29-$30 If breakout $30 then Again I will buy . But now booked profit. Now..? Waiting for confirmations. Above $30 bullish and we can enter. Below $30 = if not break $30 then we can see again $22-$25 Support:- $20 Resistance:- $30 Please click like button and Appreciate my hard work. Must follow me for latest crypto real time updates. Thank you.
Long
by CryptoPatel
8
Polkadot (DOT) - June 1Hello? Welcome, traders. By "following", you can always get new information quickly. Please also click "Like". Have a good day. ------------------------------------- (DOTUSD 1D Chart) You should watch for movement out of the 21.69076066-27.67149675 section. In particular, we should see support at the 23.03314771 point and see if we can move higher. If the maximum 10.15772403-23.03314771 section is supported by the volume profile section, we expect it to turn into an uptrend. However, it is expected to turn into an uptrend only when it crosses the 27.67149675-30.66186462 section upward. If it goes down, we should see if we can move up along the uptrend line. ------------------------------------- (DOTBTC 1D Chart) We need to watch for movement out of the 58453 Satoshi-68173 Satoshi section. In particular, it remains to be seen if it can rise above the 62755 Satoshi point. If it falls from the 58453 Satoshi point, Stop Loss is required to preserve profit and loss. However, it may follow an uptrend line, so you need to trade cautiously. The 39108 Satoshi-58041 Satoshi section is an important volume profile section, so if it is supported, it is expected to continue the upward trend. ------------------------------------------ We recommend that you trade with your average unit price. This is because if the price is below your average unit price, whether it is in an upward trend or in a downward trend, there is a high possibility that you will not be able to get a big profit due to the psychological burden. The center of all trading starts with the average unit price at which you start trading. If you ignore this, you may be trading in the wrong direction. Therefore, it is important to find a way to lower the average unit price and adjust the proportion of the investment, ultimately allowing the funds corresponding to the profits to regenerate themselves. ------------------------------------------------------------ ----------------------------------------------------- ** All indicators are lagging indicators. Therefore, it is important to be aware that the indicator moves accordingly with the movement of price and volume. However, for the sake of convenience, we are talking in reverse for the interpretation of the indicator. ** The wRSI_SR indicator is an indicator created by adding settings and options to the existing Stochastic RSI indicator. Therefore, the interpretation is the same as the traditional Stochastic RSI indicator. (K, D line -> R, S line) ** The OBV indicator was re-created by applying a formula to the DepthHouse Trading indicator, an indicator disclosed by oh92. (Thanks for this.) ** See support, resistance, and abbreviation points. ** Support or resistance is based on the closing price of the 1D chart. ** All descriptions are for reference only and do not guarantee a profit or loss in investment. Explanation of abbreviations displayed in the chart R: A point or section of resistance that requires a response to preserve profits. S-L: Stop Loss point or section S: A point or section where you can buy to make a profit as a support point or section. (Short-term Stop Loss can be said to be a point where profit and loss can be preserved or additional entry through split trading. GAP refers to the difference in prices that occurred when the stock market, CME, and BAKKT exchanges were closed because they are not traded 24 hours a day. G1 : Closing price when closed G2: Opening price (Example) Gap (G1-G2)
BINANCE:DOTUSD
by readCrypto
1
DOTUSD : COIL / SWING TRADEPOLKADOT: A BET AGAINST MAXIMALISM The Interview - Crypto · Featuring Gavin Wood and Sebastian Moonjava Published on: January 29th, 2021 • Duration: 69 minutes Gavin Wood, co-founder of Polkadot and co-founder and CTO of Ethereum, joins Sebastian Moonjava, Real Vision associate crypto editor, to discuss Polkadot, Kusama, and the evolving crypto landscape. Wood explains that Polkadot was created to enable faster innovation in the blockchain space, reducing the amount of work necessary to start and secure a new blockchain and connect it to others. He describes Polkadot as a layer 0 technology, a meta protocol, that is more abstract and flexible than Bitcoin and Ethereum. Wood also talks about Kusama, which utilizes the same kind of technology as Polkadot but has a completely different development philosophy. Kusama is a faster iterating, more experimental chain that acts as a “canary network”—a real value, live chain that allows for rapid development of the technology. He describes Polkadot as a revolution in blockchain technology, not just an evolution. Filmed on January 21, 2021. Key Learnings: Polkadot enables faster innovation in blockchain technology by making it easier for people to build, secure, and connect blockchains. Kusama is a more experimental, faster iterating, blockchain utilizing similar technology as Polkadot. Wood believes that Polkadot is a bet against maximalism as he doesn’t prescribe to the idea that there is a “best” blockchain or set of rules for a chain, but that different use cases require different types, and Polkadot enables this. SOURCE : www.realvision.com True interoperability Polkadot enables cross-blockchain transfers of any type of data or asset, not just tokens. Connecting to Polkadot gives you the ability to interoperate with a wide variety of blockchains in the Polkadot network. Economic & transactional scalability Polkadot provides unprecedented economic scalability by enabling a common set of validators to secure multiple blockchains. Polkadot provides transactional scalability by spreading transactions across multiple parallel blockchains. Forkless and future-proof Polkadot can upgrade without hard forks to integrate new features or fix bugs. This capability enables Polkadot to easily adapt to changes and upgrade itself as better technologies become available. Security for everyone Polkadot's novel data availability and validity scheme allows chains to interact with each other in a meaningful way. Chains remain independent in their governance, but united in their security.
Long
by TradingMavericks
1
DOTBTC : POLKADOT POSITION TRADEPolkadot: Networking For Blockchains The Polkadot blockchain aims to provide interoperability and security to other blockchains, helping to solve issues like scalability. In a multi-blockchain world, interoperability could be a potentially valuable function. If a small number of blockchains becomes dominant this value proposition will be significantly weakened though. Polkadot is currently the leading interoperability blockchain, but its value is uncertain and dependent on how the blockchain ecosystem evolves in the future. SOURCE: Richard Durant, Polkadot: Networking For Blockchains, Mar. 08, 2021 11:38 PM ET, SeekingAlpha seekingalpha.com Polkadot: Can DOT 10x in 2021?? DEEP DIVE!! (Video) SOURCE : COIN BUREAU, Jan 12, 2021, YouTube www.youtube.com
Long
by TradingMavericks
Polkadot (DOT) - May 18Hello? Dear traders, nice to meet you. By "following" you can always get new information quickly. Please also click "Like". Have a good day. ------------------------------------- (DOTUSD 1D chart) We have to see if we can get support at 39.63296859 and rise above 43.33096736. If it goes down, you need to make sure you get support at 37.70377693. If you move down from the 37.70377693 point, you need a short Stop Loss. However, you need to trade carefully as you can go up along the bullish channel. If there is a decline in the 27.67149675-30.66186462 section, a Stop Loss is required to preserve profit and loss. We must see if there is any movement that deviates from the upside channel between around the 21st and the 30th of May. --------------------------------------- (DOTBTC 1D chart) We have to see if we can get support and ascend at the 87613 Satoshi branch. If it falls, we need to make sure we get support in the 84373 Satoshi-87613 Satoshi section. In particular, it remains to be seen if it can rise along the uptrend line. If you fall at the Satoshi point of 77893, you need a short stop loss. However, you need to trade carefully as you can go up along the bullish channel. The next volatility period is around May 25th. -------------------------------------- It is advisable to trade at your average unit price. This is because if the price flows below your average unit price, which was on an uptrend or downtrend, there is a high possibility that you will not be able to earn a large profit due to the psychological burden. The center of every trade starts with the average unit price you start trading. If you ignore this, you may be trading in the wrong direction. Therefore, it is important to find a way to lower the average unit price and adjust the proportion of the investment, so that the money that ultimately corresponds to the profit can regenerate the profit. -------------------------------------------------- ------------------------------------------- ** All indicators are lagging indicators. So, it's important to be aware that the indicator moves accordingly with the movement of price and volume. Just for the sake of convenience, we are talking upside down for interpretation of the indicators. ** The wRSI_SR indicator is an indicator created by adding settings and options from the existing Stochastic RSI indicator. Hence, the interpretation is the same as the conventional Stochastic RSI indicator. (K, D line -> R, S line) ** The OBV indicator was re-created by applying a formula to the DepthHouse Trading indicator, an indicator that oh92 disclosed. (Thank you for this.) ** Check support, resistance, and abbreviation points. ** Support or resistance is based on the closing price of the 1D chart. ** All explanations are for reference only and do not guarantee profit or loss on investment. Explanation of abbreviations displayed on the chart R: A point or section of resistance that requires a response to preserve profits S-L: Stop Loss point or section S: A point or segment that can be bought for profit generation as a support point or segment (Short-term Stop Loss can be said to be a point where profits and losses can be preserved or additionally entered through installment transactions. It is a short-term investment perspective.) GAP refers to the difference in prices that occurred when the stock market, CME, and BAKKT exchanges were closed because they do not trade 24 hours a day. G1: Closing price when closed G2: Cigar at the time of opening (Example) Gap (G1-G2)
BINANCE:DOTUSD
by readCrypto
DOT ready to explode to $100DOT/USDT looks very bullish on the daily timeframe as it looks to breakout from a 3 month long consolidation zone spanning all the way back to February. My targets for taking profits are highlighted on the chart and are situated at the following respective fib levels: TP 1 at the 1.618 fib ($61) TP 2 at the 2.618 fib ($82) TP 3 at our final target just below the 3.618 fib ($100) The % profits you take at each level is entirely up to you, however I will personally be looking to close between 25-33% of my long position at each TP target. SL (Stop Loss) will be adjusted accordingly as targets are hit. I expect this trade to starting play out over the coming few weeks and hit the mentioned targets over the next few months leading us towards the end of August. Please note, caution should be exercised if BTC closes a weekly candle below the 21 EMA , which would indicate a shift in trend from bullish to bearish for the short-med term. In this scenario alt coins would most likely dump alongside BTC. In the event the aforementioned scenario plays out, I would advise to close this trade and look for lower re-entry to DCA your position. Be sure to follow me here on TradingView if you want to receive future updates and SL adjustments for this trade and many more. Disclaimer: This is only my opinion and should not act as financial advice, always DYOR (Do your own research).
Long
by TheBitcoin
3