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Dotecosystem

Polkadot 2.0- So i predicted many times that 4.30$ was the bottom. - And i was wrong, Polkadot is still young. - Trading Altcoins is like that, it's really hard to predict a perfect bottom with a new project. - it's much more easy with BTC because TheKing volumes are high and it stays around from many years already. - Remember that Trading is trying to predict the future by looking at the past, more you have data from past, more the job is easier. ------------------------------------------------------------------------------------------------------------- - A bit FA here : ------------------------------------------------------------------------------------------------------------- - Polkadot did the same as Cardano's first bullrun, it went back to the start. ( i will post a Cardano Charts in comments ) - Actually it's not a sign of weakness, but an opportunity. - Polkadot didn't make noise just because they want to build steady following some SEC rules. - Now if you follow the news, you can find that Cardano, Polygon and Near Protocol are building on Polkadot's SDK, DYOR it more to get some more informations. - With time Polkadot could be the mother of all blockchains connections and interoperability. - Remember what they had to do with ETH when problems came around, they forked it for ETC ( Ethereum Classic ). - Polkadot doesn't need any FORKs, everything can be changed by votes in the governance. - The difference between DOT and ETH is very simple. - Polkadot is scalable, Ethereum is not. ------------------------------------------------------------------------------------------------------------- - Trading Parts : ------------------------------------------------------------------------------------------------------------- - So Right now look at the graphic. - DOT made a bottom around 3.60$. The exact same bottom it did in 2020. - DOT is actually staying near a demand zone (6$). - i do not recommend to buy now but wait for a retracement or a breakout from this area. - To get peace of mind i would buy DOT after 8$, after that zone, it's a free fly! ------------------------------------------------------------------------------------------------------------- My predictions on DOT for the next bullrun are unchanged : ------------------------------------------------------------------------------------------------------------- - Security TP : 85$ ish - Middle TP : 140$ ish - Max ATH : 220$ ish ------------------------------------------------------------------------------------------------------------- - if you missed to become a Whale with ETH in 2016. - Here yours second chance with Polkadot. - Stay S4fe Happy Tr4Ding !
KRAKEN:DOTUSDLong
by thecryer
48
Polkadot Next BullRun- Okay now that we got the Bottom ( 4.3$ ish). - We can try to calculate the highest points for the next bull run. - i am not in patterns too much but we can see that DOT formed a kind of Cypher Bullish Pattern. - A resistance was created around 9.80-10$. - So Polkadot will have to go retest this zone and breakout to climb more. -------------------------------------------------------------------------------------------------- - TP Zones : -------------------------------------------------------------------------------------------------- - TP1 : 50$ ish (ATH 2021). - TP2 : 85$ ish (161.8 Fibo). - TP3 : 200$ ish (Max Fibo 423.6). -------------------------------------------------------------------------------------------------- - Like Always : -- Take your train ticket before the mass. -- Sell when others rush to buy :D. Happy Tr4Ding !
KRAKEN:DOTUSD
by thecryer
39
Polkadot don't give up-Do you remember last dip (May-July) ? i posted analysis and found the perfect bottom at 10$. ( i will post it in comments ) - So this time imho it's not the same because alts are almost bottomed already. - This graph is a bit messy but you can see clearly demands zones. - The difficulty is not to find where we go but when we go. ------------------------------------------------------------------ Trading Plan ------------------------------------------------------------------ Buy : 24$-25$ ish Rebuy : 20$ ish ------------------------------------------------------------------ Tp are unchanged from my last analysis TP1 : 75$ ish (161.8%) TP2 : 100$ ish (216.8%) ------------------------------------------------------------------ Believe in Polkadot because to be a part of Parachain, Projects have to buy more DOT, Polkadot is poised to go up with time. if you didn't take the train in July. You get another opportunity right now. As always follow TheKing movements for safety! Happy Tr4Ding !
KRAKEN:DOTUSDLong
by thecryer
14
Dot could go up a lot if it breaks this level! 🤑🚀On the Dot we can see that the price has been in a local consolidation for 8 days, the last attempt to close higher failed and the Dot has corrected to the middle of the consolidation. At this point, the price may try to go higher again and get out of this consolidation, but it could also pick up stop losses below and possibly move up from there! If Dot manages to break this resistance level, close higher and test it as support, this could be the best area to buy with the targets above. I expect the best opportunities to enter the market now! 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
8
DOT / USDT Situation UpdateUpdate on my previous idea for DOT. Polkadot has broken up from the Descending Channel and confirmed. Right now it is facing major resistance at 39-40 USD area. This might be key moment for DOT's move as we will either see it breaking up and confirming, or going back down. In the first scenario, it should be heading to retest previous ath. In case of the second scenario, looks liek it can be forming Head and Shoulders on bigger time frame, which is a bearish pattern. As always, a lot will depend on Bitcoin and the sentiment it gives to the market.
by hometown_girl
2
[20%] DOT / USDT (LONG)Analysis : - We still in the canal - The resistance of the triangle can be break (up) or we go to the canal support - first target 46.5$ - 47.5$ : 20% - second target 50$ : 28.5% - third target 54$ : 37.8% Polkadot is an open-source sharding multichain protocol that facilitates the cross-chain transfer of any data or asset types, not just tokens, thereby making a wide range of blockchains interoperable with each other. This interoperability seeks to establish a fully decentralized and private web, controlled by its users, and simplify the creation of new applications, institutions and services. The Polkadot protocol connects 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).
Long
by HolderYoda
6
[55%] (LONG) REEF / USDTReef lost 38% of its value in 10 days. "the time to buy is when there's blood in the streets." Analysis : - triple bottom on the RSI support - We can break the resistance of the yellow triangle before touching the support of the canal - Second resistance 0.04$ - 0.042$ Reef is a DeFi platform built on Polkadot that aims to deliver cross-chain trading. A yield engine and a smart liquidity aggregator are among the project’s offerings. Reef aggregates liquidity and provides automation. It also aims to address the drawbacks associated with existing trading platforms. While centralized exchanges are prone to security breaches, decentralized rivals can lack liquidity and are often difficult to use.
RLong
by HolderYoda
2