Polkadot is consolidating in the daily range zone between $8.34 and $9.38 where we continue to see a rangebound price action. A bullish move from the current price location and a break-out of $9.38-$9.79 will send DOT price higher towards $10.30-$10.74 and higher. A bearish break-out of $8.34, the key daily support, will push Polkadot price towards $7.46.
Polkadot breached the previous support zone of $5.60 - $5.87 (cyan). But the drop eased at the March low of $5.15. The March low level is also a daily bullish order block (white) formed on 10 March. Both the RSI and CMF were negative. But CMF had an uptick - evidence of capital inflows. If the March low holds, DOT could rally to $6.05, a key resistance...
Polkadot has a nice healthy bullish trendline which is holding. When we break this resistance, we can go to $27. Just watch EMAs and volume.
don't miss this buying target buy zone 20$ 16$ sell target and take profit 35$ 44$ 52$
BINANCE:DOTUSDT ✅Before we start to discuss, I would be glad if you share your opinion on this post's comment section and hit the like button if you enjoyed it. Thank you. Possible Targets ➡️All hype with auctions doesn't affect DOT price. ➡️People waiting when the crowd stake and lock DOT in liquidity for 2 years price is jump to ATH - wrong ➡️...
AS IS THE REST OF THE MARKET! WE'RE LOOKING FOR A BOUNCE! This will depend on the BTC idea I posted (see link below) A couple spots to watch are identified in the chart. We're in a very volatile area of the markets right now BUT I think we ARE NEAR the bottom of that! CAUTION TRADERS AND LEVERAGE USERS! IF YOU HODLING - NO WORRIES! THE MARKET SENTIMENT IS...
The market situation for Polkadot (DOT) remains mysterious and tense. The two-month consolidation that started back in February 2021 continues in a wide 56% range. The main liquidity zones that are within the limits of this consolidation are in the ranges of $29.6-30.6 and $45.5-46.5 . As you can see on the chart, it is at these price zones that the DOT price...
The buyers were not strong enough for only $ 1.5 to test the mark of $49.7. This mark was the target of our previous DOT idea: Buyers managed to break the triangle up, which significantly raised the mood of investors. The new all-time high has been updated and nothing should have stopped the DOT price. However, on April 17, in just 24 hours, sellers...
A new wave of growth, which began on March 25, reached the top of the DOT triangle price zone . In the previous idea , we predicted the following price movement in the DOT market: The main question at the moment - will the price of Polkadot (DOT) continue to move within the triangle? Considering the Powerful wave of growth in the DOTUSDT market, which...
Despite the strong growth of the Polkadot project token and our desire to adjust the price, the growth prospects remain high. The chart shows that after abnormally high volumes on January 16-17 , the price of DOT slowed down. Sellers were able to stop the frantic growth. However, the sellers failed to arrange a deep correction . In fact, from January 17, the...
The latest wave of growth in the DOT market , which began on January 11, was special. During the week, the largest trading volumes for the entire existence of Polkadot were recorded. Buyers have made every effort to ensure that growth continues without correction. However, the $16.8-18 range stood in the way of buyers. On January 16, buyers launched...
The study of Elliott’s waves on the 240 -minute chart: The first uptrend ended in the range of 10.68 and in continuation the corrective movement of this price has ended in the range of 7.16, and within the 50% of Fibonacci ratio. By crossing the price from the range of 9.98, which also breaks the downtrend line, we can expect to reach the targets of $ 17 and then...