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DOTBTC

$DOT - A Nice Step Up Action For DOT To Resume Parabolic RiseWe can see from the DOTBTC chart above that DOT's rise has been on a step up approach. Essentially rising a lot, taking a breather and then resuming the rise again. This sharp rise looks set to continue as more and more projects are coming out on the Polkadot platform. Given the rise of the previous step ups (around 50%) we could expect the next step up to reach around the 80k Satoshi level. Overall picture looks pretty amazing for DOT and there's no reason we can't see this at the same market cap as Ethereum which is a 900% rise from these levels.
Long
by StevenAitchison
Polkadot 7500%!!Don't Flame me yet! i just want to tell you that this chart is a JOKE because of course Polkadot won't reach is old ATH in few weeks lol! So what is Polkadot and why i made this chart ? it's simple. The price falled cuz the DOT Token got a redenomination from its original sale on 21 August. ‘New DOT’ will be 100x smaller than ‘DOT (old)’. Therefore, the DOT balance will be 100x higher and the price per DOT will be 100x lower. So the price also falled from X100. Polkadot is an ecosystem enabling 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. so it means it will interconnect all the Blockchains.... BTC is the King of Cryptocurrency and ETH the King of Smart Contracts... Polkadot could be 'the King' of the DEFI projects. Polkadot got listed on many AAA Exchanges in no time. Due to the specific nature of Polkadot, the estimation can be significantly excessive & unrealistic. Teams building on Polkadot : ChainLink - developing an oracle Laminar - open finance platform ChainX - developing a Bitcoin and Ethereum bridge Digix - gold on the blockchain Dock.io 204 - verifiable credentials Centrifuge - operating system for financial supply chain Ocean Protocol - ecosystem for sharing data Energy Web Foundation - building an energy network iExec - decentralized cloud computing Edgeware - building a WASM-based smart contract platform ZeroChain - zK-SNARKs chain built on Substrate Acala Network - stable coin platform built using Substrate Robonomics - cyber-physical systems integration pLibra - a privacy preserving implementation of Libra MXC - IoT protocol Darwinia - multi-chain gaming Katal - financial contracts Joystream - A user governed video platform Ladder Network - decentralized exchange for cross-chain assets Akropolis - decentralized pension and DeFi blockchain Asure Network - social security network KILT Protocol - credentials for Web 3.0 PACTCare - Metadata Blockchain based on Substrate called Starlog 0x protocol - decentralized exchange Blink Network - lightning fast payments LayerX - zk-SNARKs chain Plasm - Plasm is a Substrate Runtime Module Library allows developers to add Plasma functions to their Substrate chain Speckle OS - universal identity and account parachain Totem - real time accounting for Substrate that said you have to invest wisely and make your own research. i do not provide personal investment advice on Polkadot. Happy Tr4Ding !
Long
by thecryer
2
DOT for days (updated)DOT seems to be settling around the $5.99 support level, but will likely dip if/when BTC drops further. Here's an updated chart with the other major support areas marked. In case you're not familiar, CMF is Chaikin Money Flow - a useful indicator for determining breakouts and relative amount accumulation vs. distribution. As you can see from the chart, the price action above $5.99 support level is primarily distribution (see explanation below). A positive Chaikin Money Flow = ACCUMULATION A negative Chaikin Money Flow = DISTRIBUTION Also, the higher the reading (above or below zero), the stronger the signal. This gives us some insight to what’s really behind driving today's price action.
Long
by UnknownUnicorn7080344
2
There is fifth wave of Polkadot coming!Hey, I am back with another Crypto Analysis, focused on Polkadot. Intro. Last time I was making an analysis on DOT, I was pretty bullish on it and bought at $4.35, which is not the best entry, but remember the point of making money is about to be, able to take your profit at a good level ! Today I took profit at $6.5 and rebought at $5.8, which is again not the best entry, but at least I know when I want to sell this coin. Technical Analysis. - The price is currently sitting at the bottom of 4. Elliott wave . - Price found support at 50 EMA, healthy trend. - RSI is not below 40 , it has made new lower low. but still not lower than previous lows. - MACD is on a selling wave, but the size of selling volume is finding a top . - Resistance levels are on the chart - Price is still on uptrend line . Let's hope this goes as analyzed! Tibor
Long
by TiborVrbovsky
1
DOT/USD 4h chart analysing.Polkadot or DOT is new coin and has been rising for few weeks. It just released mainnet last week and was listed on some exchanges So it's price made almost 3X . It has seen $306 before and possible to start falling from here at $296. Because profits sells are about to made and it might fall very fast. It's targets are $200, $180 and if it falls below $180, next target will be below $147. It's excellent price to put short order above $280 for marjin traders Good luck.
FTX:DOTPERPShort
by The_Geronimo