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DOTBTC

DOT/BTC: Expecting Bullish MovementHi every one DOT/ BTC DOT/BTC is in a Broadening Wedge Pattern. This Means The Price has a Great chance To Still Range In This Pattern cuz There is No Break out Here yet. We Can See That The Price is right at the Bottom Of The Mentioned Pattern. So This Means The Price has a Great Chance to Increase From Here and Reach The Top of The Broadening Wedge Pattern Which is also a Resistance Zone For it as well. There are also Regular Bullish Divergences (+RD) On MACD & RSI which Makes Us Think The Expected Bullish Movement is Pretty Reliable. What Is Polkadot (DOT)? Polkadot is an open-source sharded multichain protocol that connects and secures a network of specialized blockchains, facilitating cross-chain transfer of any data or asset types, not just tokens, thereby allowing blockchains to be interoperable with each other. Polkadot was designed to provide a foundation for a decentralized internet of blockchains, also known as Web3. Polkadot is known as a layer-0 metaprotocol because it underlies and describes a format for a network of layer 1 blockchains known as parachains (parallel chains). As a metaprotocol, Polkadot is also capable of autonomously and forklessly updating its own codebase via on-chain governance according to the will of its token holder community. Polkadot provides a foundation to support a decentralized web, controlled by its users, and to simplify the creation of new applications, institutions and services. The Polkadot protocol can connect public and private chains, permissionless networks, oracles and future technologies, allowing these independent blockchains to trustlessly share information and transactions through the Polkadot Relay Chain (explained further down). Polkadot’s native DOT token serves three clear purposes: staking for operations and security, facilitating network governance, and bonding tokens to connect parachains . Polkadot has four core components: Relay Chain: Polkadot’s “heart,” helping to create consensus, interoperability and shared security across the network of different chains; Parachains: independent chains that can have their own tokens and be optimized for specific use cases; Parathreads: similar to parachains but with flexible connectivity based on an economical pay-as-you-go model; Bridges: allow parachains and parathreads to connect and communicate with external blockchains like Ethereum.
by CobraVanguard
2
Polkadot (DOT) - February 7Hello? Traders, welcome. If you "follow", you can always get new information quickly. Please also click "Like". Have a nice day. ------------------------------------- (DOTUSD 1W Chart) It is important to keep the price above the 20.27 point. If the price holds above the 20.27 point, I would expect it to move above the 30.75 point. If it goes down from the uptrend line, it could fall below the 10.16 point, so trade with caution. It must rise above the 30.75 point to turn into an uptrend. ------------------------------------- (DOTBTC 1W chart) 0.0003 911 - 0.0004 872 or higher: Expected to create a new wave. However, it must rise above the 0.0005 850 point to turn into an uptrend. A drop below the 0.0003 911 point could lead to a drop below the 0.003 242 point, so trade with caution. ------------------------------------------ We recommend that you trade with your average unit price. This is because, if the price is below your average unit price, whether the price trend is in an upward trend or 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 be able 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 convenience, we are talking in reverse for the interpretation of the indicator. ** The MRHAB-O and MRHAB-B indicators used in the chart are indicators of our channel that have not been released yet. (Since it was not disclosed, you can use this chart without any restrictions by sharing this chart and copying and pasting the indicators.) ** 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.) ** 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. (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.) ---------------------------------
BINANCE:DOTUSD
by readCrypto
DOT/USDT 2HOUR UPDATE BY CRYPTOSANDERS Welcome to this quick DOT/USDT analysis. I have tried my best to bring the best possible outcome to this chart. Reason of trade:- DOT/USDT 2hour analysis look bullish trend chart and MACD bullish crossover buy green zone Entry:- CMP buy green zone Traget:- 35% to 50% Stop loss:- 17.07 Remember:-This is not a piece of financial advice. All investment made by me is under my own risk and I am held responsible for my own profit and losses. So, do your own research before investing in this trade. Happy trading. Sorry for my English it is not my native language Do hit the like button if you like it and share your charts in the comments section.
Long
by CryptoSanders9563
2
Polkadot DOT - Long term playHello loving crypto community. I've been in a shadow for the past year, just following the gains of my positions previously posted, transferring them to the king $BTC. Now is the right time to prepare ourselves for the new enter in some interesting positions. First of those positions are DOT. Wonderful project, with top technology which will, certainly, stay a one of the most important players in the crypto. As a pandemic hit the world hard, we need to expect that constant money printing and economic push from governments around the globe will result with a possible global market crisis. How big it will be? No one can know that. My scenario is that we will see lot of drops and sideways movements in crypto. Many projects will disappear, etc. I am certain that $DOT will break its previous highs and that will go much much higher (long term - 2 years+). However, there would be some nice entries for it in this year. Those are levels that I am currently looking at. I will buy at these levels, but please do your own diligence and market analysis. Buy orders Target 1 - around 14.5€ Target 2 - around 11.5€ Target 3 - around 9 € All those targets are in Euros (€), and are just my views on the current state of the $DOT. Remember. We are here long-term. Feel free to share your thoughts and strategies with us, let's win against the market! :) STANDARD DISCLAIMER: This is not a financial advice. This is just my opinion on the current market. Always do your own diligence.
by CroCryptoTrader
DOT/BTC in coming DaysHi every one DOT/BTC chart is speaking it self! DOT/BTC has formed a reversed head and shoulder pattern which means that the price would increase as much as the measured price movement(the length between the neckline and the head). The neckline is already broken so now the price can easily do It's expected movement. 💎Traders, if you liked this idea or have your opinion on it, write in the comments, We will be glad. Thank you for seeing idea . Have a nice day and Good luck
Long
by CobraVanguard
25
#DOTUSDT Looks ready for a 100%+ pump! Trade Setup.Welcome to this quick update. I'll keep it short. Every time DOT breaks the Blue MA daily we have seen massive Rallies. Firstly, It bounced from the support, and as per this chart, It must rally at least 100% TO 150% in the next few weeks. ENTRY :- $25.5 to $29.6 Target :- $45 $52 $61 Stop loss:- $23.82 *Not Financial Advice, DYOR before taking any trade. If you want me to post more of these charts. Hit the like button Follow me for more. Thank you #PEACE
Long
by Cryptorphic
6
Dot can lose half of its valueLike a lot of coins, Dot is not feeling good as well After a run that started in July and ended with a new ATH in first days of November, Dot has started to roll back and now is trading exactly in the horizontal support The price action from September by now can be also viewed as a large H&S and a break under the neck-line could accelerate losses. If the selling pressure in the crypto market continues, I would net be surprised for this coin to drop to 10-12 support zone. Only price back above 32 would put a pause to this bearish scenario.
BITFINEX:DOTUSDShort
by Mihai_Iacob
21
DOTBTCHello Crypto Lovers, Mars Signals team wishes you high profits. We are in the daily time frame. You see the S1 line which can be the support area for the price. If the S1 line holds, then the next target for the price will be the R1 line. There is also the possibility for the price to fall down to the S2 line and if that happens, then the target for the price will be first the S1 line and then the R1 line. Warning: This is just a suggestion and we do not guarantee profits. We advise you to analyze the chart before opening any positions. Wish you luck
Long
by MarsSignals
One more pump for DOTBTC before a dump?Of course this is conjecture but given BTC's market dominance I could see this scenario playing for DOTBTC. I could see DOTBTC having a decent pump to test the top of the rising channel trend line. Which depending on where BTC is at the moment could put it between $30-$33 USD and retesting the DOTUSD local high range. If we assume that BTC dominance has bottomed and will turn around over the next few weeks then I think it's reasonable to see DOTBTC dump to the bottom of it's macro trend line before reversing and eventually breaking out of its macro symmetrical triangle. To me this is the bullish scenario if we assume that BTC dominance is going be reversing sometime soon. If BTC dominance crashes and we go into an alt season then everything changes and we reevaluate.
Long
by CryptoNCoffee