DOTUSDT - price movement analytics! To new heights!Greetings to all crypto maniacs! Taking analytics to the next level!
DOTUSDT - the coin moves inside an ascending channel. In a five-wave structure of growth. Now we see a correctional movement in wave 4, which has not yet been completed. Wave 4 levels are marked in yellow on the chart. The levels 14.92 and 13.46 are in the corrective movement. The level of the corrective movement of 14.92 has already been worked out. Upon completion of the corrective movement, the upward movement in the fifth wave is expected to continue to the levels marked in white on the chart.
If we consider the correctional movement within the 4th wave, then it is not completed yet. And in case of breakdown of the lower trend line of the correction triangle, the continuation of the corrective movement is expected within the levels marked in yellow. That does not cancel the subsequent upward movement.
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I share with you my opinions and ideas, which may differ from yours.
Dotlong
Will DOT continue its awesome high?Yes it seems so.
DOT that has risen with strong strength now looks to be forming a high triangle.
Even after going up more than 400% it can still go up more.
It is quite impossible to enter this rocket. The risk return may not be worth as much.
But we could bet a little on the continuation of the movement that is projected above $30.
I make an alert here for the management and the return risk of an operation like this.
In the graphic I'm showing the 2 ways I expect.
The first one is an ABCDE wave and the other a movement a little lower.
that can handle this blue medium plotted .
The market for CRYPTOCURRENCY is still very confidence and greedy and the trend will continue as long as it is not reversed.
Not for now.
This analysis is complementary with a point of view based on technical analysis.
Touch like and share if it has been useful.
DOT USDT, long continue. Traders closing the deals very fast.Hi friends. Like you can see traders closing the deals very fast. So Exchange purchase it and now long will continue. I think we can took 19 in near future and maybe upper. Levels thanks to X-Lines script. Volume analysis modified "Earned" script. Follow me.
DOTUSDT, long will be. Bulls are still on the market.Hi friends. So today DOTUSDT. And i mark all interesting processes on the chart window. Like you see we have big investitions between 16.1 - 16.5 then fake downward (like test to know traders waitings). On this downward nobody closing (its becouse nobody in long). Then big investitions from exchange side and growth. On this little growth traders start to buy that way trend will have small correction and then going up to 19 and upper.
Levels thanks to X-Lines script - Follow me.
Polkadot is beautifullOk so the problem in crypto is not WHERE price will go but WHEN?. The next Leg should propulse DOT around 15$.
BTC dominance is still around 70% so we need a bit time for the next altcoins rush.
Buy Zone is now : 9$
if BTC dip and alts follow dip :
Rebuy Zone 1 : 8.2$
Rebuy Zone 2 : 7$
TP : 14.9$
So like always invest wisely and don't go all in at your first buy.
Under 7$ it's a Stop Loss.
Happy Tr4Ding !
Polkadot goes ballistic soaring 40% as technical levels improve
Polkadot rises above the crypto horizon with gains almost hitting $12.
DOT trading volume soars massively but coupled with overbought conditions hint at an imminent reversal.
Polkadot has been teasing a breakout since the beginning of the week and after the slump in prices across the cryptocurrency market on Monday. The token embraced support at $7, which allowed a rebound within the confines of a descending parallel channel.
The ultimate test came at the channel’s upper boundary where DOT swung massively upwards. The 50 Simple Moving Average on the 4-hour chart did little to stop the momentum. Polkadot swung upwards in successive bullish candlesticks, even overshadowing Bitcoin’s recovery above $37,000.
Several resistance levels have shattered, including $10 and $11. Polkadot is on the way to breaking above the next hurdle at $12, a move that could see it taken on higher hurdles toward $15.
The Relative Strength Index has entered the overbought region, calling for caution among the traders. An asset can continue rallying despite overbought conditions but corrections are very likely and could be drastic.
For now, establishing higher support should be a priority to the bulls. Notably, Santiment shows Polkadot’s volume has risen to levels seen at the beginning of the year. A high trading volume is often unsustainable and sometimes interpreted as a bearish signal.
In case of a correction, Polkadot is likely to find support at $10 (former resistance). The 50 SMA is in line to provide more anchorage if losses extend toward $9. If push comes to shove, the 100 SMA marginally under $9 and perhaps the descending channel’s upper trendline will come in handy.
Polkadot intraday levels
Spot rate: $11.52
Relative change: 055
Percentage: 5%
Trend: Bullish
Volatility: High
Polkadot Mainnet launch runJust an idea, mainnet is planned for February/March.
Chart VS BTC looks very unhappy now but could turn around fast.
Chart VS USDT looks more interesting, I can see a valid mid term cup 'n handle.
Blog item title: Bitcoin is Coming to Polkadot
Last time i did a early post like this was NEM:
No advice, DYOR and good luck
As Polkadot broke all time high, $10 is next!As Polkadot broke all time high at $6.82 very significantly, the next stop where a major correction can be seen will be very likely at psychological resistance at $10 per Polkadot.
Technicals looks perfect as the price broke a new high.
See my fundamental analysis of DOT in the "related ideas".
Good luck with this Ethereum competitor,
Tibor
Polkadot 10$i made some analyses on DOT few times ago and it's one of my favorite coin. i don't trade it and i just stack a bag from his start.
it's just a matter of time for this project to reach 10$ and start to be in the first lights of the scene, Dot is more than a coin, it's an ecosystem able to annihilate Ethereum. i am no a financial advisor but if you need to hodl and bet on only one single project, it should be Polkadot.
if u trade it here u have 2 scenarios :
1. fast scenario
- will retrace a bit and go break ATH soon and move to 10$ fast
2. medium scenario
- will retrace 1 more time and back to break ATH to 10$
in any of those cases it will reach 10$ and maybe more fast than i think.
Happy Tr4Ding !
DOT/USDT 1D TFDOT/USDT
1D TF
Best buy was at the break of trendline and break of EMA 50
now price trading between
5.46$ ( 0.618 fib ) support
5.74$ ( 0.786 fib ) resistance
If price could break recent top i will update the chart (take care it can make double top and drop)
🚨 BTC dominance now is high and in increase
So take care when trading ALTS
This is not a buy or sell signal
It just reading chart for my members who asked for it
Good luck for you all
DOT / BTC add to your watchlistDOT / BTC
After break long downtrend falling wedge since 75 days
Dot successed on retest above it
Iam currently Waiting for more confirmation before open a trade
Holding above ema 20 on daily (act as support) could send dot against btc to higher price and make good profit
This is not financial advice
Please have a plan before trading
And use stoploss
Good luck and happy trading 🌹
DOT to All time high Note: This is a risky trade.
DOT is also following BTC and moving up. This can be a possible playout.
As crypto fear index is very high, I have stop losses intact because if BTC retraces, alts will get rekt. This is good time to take profits, instead of opening a new position IMO.
DOT: Future PredictionMy Fellow Crypto Traders,
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