DOTUSDT
📈 Polkadot (DOT) Spot Long Trade AnalysisAn analysis of Polkadot (DOT) highlights a potential spot long trade opportunity, emphasizing range support, resistance, and risk management for strategic decision-making.
Key Highlights:
Range Support: DOT is noted to be at the $7.24 top of the range support, providing a potential entry point.
Take Profits (TP): The proposed Take Profits (TP) level is set at the next resistance area of $8.00 - $8.50.
Stop Loss (SL): Risk management includes setting the Stop Loss (SL) just below the bottom of the range low support at $6.85.
#Polkadot #CryptoTrading #RiskManagement
is "Are the buyers real or fake?".👀🤔
🔴After 505 days in a downtrend, buyers have finally decided to reverse the trend. Volume confirms the reversal. The first trigger, 7.539, can be✅
🔴If the RSI can maintain support at 69.58 and then re-enter the overbought area, this would provide further confirmation of the currency's upward trend.‼️
🔴With a good stop-loss that could be at 6,700, he made a reasonable profit.🔆
🔴Please remember that this is my analysis and opinion.💹
Rough DOT ideaHere's a rough idea of how I see the Polkadot price movement playing out.
Expecting to see a bloody January in all markets.
DOT/USDT Anticipating a Breakthrough in Resistance? 👀🚀Polkadot💎Paradisers, focus on DOTUSDT as it's currently exhibiting a notable pattern in the market. Following a recent rejection at a key resistance level, IT is gearing up for another attempt to break through, hinting at a strong possibility of a bullish movement.
💎 Reflecting on #POLKADOT market behavior, we've observed its proficiency in maneuvering through a descending channel, breaking above to commence a significant upward trajectory. Currently, #DOT is maintaining a solid stance above the support level of $6.943. If it continues to exhibit strong momentum, there's a high likelihood of a robust bullish move aiming to overcome the formidable resistance at $9.703.
💎 However, in the dynamic world of cryptocurrency, alternate paths are always a possibility. Should #DOT fail to sustain its momentum, the focus may shift towards a bullish recovery from the support level of $6.197. Importantly, a fall below this level could potentially lead to a downward trend. 🌴💰
DOTUSDT Breaks Trend Line!The DOT/USDT trading pair has recently experienced a notable development as it broke a significant trend line after a prolonged period of consolidation. This breakout suggests a potential shift in market sentiment, with bulls gaining momentum.
DOTUSDT (1W Chart) Technical analysis
DOTUSDT (1W Chart) Currently trading at $5.9
Buy level: Above $5.7
Stop loss: Below $4.2
TP1: $7
TP2: $9
TP3: $13
TP4: $18
TP4: $23
Max Leverage 2x
Always keep Stop loss
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POLKADOT: +100%! What's Next?In our last analysis, we identified that we were in a 535 zigzag pattern. We had a bullish setup on the completion of wave B (subwave C). We moved up perfectly and gained over 100% raw gain from that trade!
We are now at a critical zone. We are looking for a rejection here and then a move down to complete the major ABC zigzag pattern.
Trade Idea:
- Watch for rejection of structure
- Safe entry on break of red trendline
- There may be a risk trendline lower timeframe so do keep a look out for that
- Targets: 3.6, 2, taper positions thereafter
Goodluck and as always, trade safe!
See our last analysis below:
POLKADOT - Higher Timeframe Overview ✨Polkadot is currently within a correction (Wave B). Wave B is made up of 3 subwaves and we are currently in subwave B and expecting subwave C.
We currently do not have a bottom in place so the best we can do is look for lower timeframe trendline break and reversal patterns.
See our next post for lower timeframe analysis.
Goodluck and as always, trade safe!
DOT/USDT In the crucial area. Break out or rejected again??💎 DOT has certainly commanded considerable attention within the market. Currently positioned in a key supply area, DOT necessitates a breakout to sustain its upward trajectory. Success in breaking through this robust supply zone could herald a bullish shift in the mid-term, probability facilitating an effortless movement toward our target area.
💎 It's noteworthy that DOT has encountered challenges in surpassing this supply region in multiple instances, facing rejections that led to downward movements. In the event of another failure to breach the strong supply area, there's a possibility of a retracement towards the demand zone, initiating a fresh phase of testing and momentum building.
💎 The unfavorable scenario materializes if, during the retesting phase at the demand area, DOT struggles to maintain its position and eventually breaches the demand zone. In such a situation, DOT would revert to a bearish movement, potentially retracing to the strong demand area.
Polkadot's $DOT Reached Its first Target At $6.86Polkadot's CRYPTOCAP:DOT as the precious gem of the crypto market reached its first target on schedule. By crossing 50WMA, the 100WMA level is still considered the main resistance before reaching the important level of $10.
Goodluck
USDT/DOT Speculative Trading IdeaBelow is a speculative trading idea for the DOT/USDT pair.
Currently, the asset's price has broken through an inclined level after updating the minimum at the price of $3.550 within the current global downtrend. After reaching the $3.550 level, there was a rebound, amounting to over 41% to the current price. This situation indicates an attempt to break the local downtrend in effect in 2023.
As we anticipate a price correction, we identify two entry points for the asset to continue the upward movement within this correction.
We place our first limit orders to buy DOT at price levels of $4.550 with a growth potential of 37% to the price level of $6.273.
We place our second limit orders to buy DOT at price levels of $4.220 with a growth potential of 50% to the price level of $6.273.
POLKADOT long term goalIs It Finally Time To Buy DOT As Polkadot 2.0 is Coming?
hello dear trader and investors
do you know( polkadot v2) faster than sol and kadena?
Is It Finally Time To Buy DOT As Polkadot 2.0 is Coming?
it is time for polkadot ’s rally
Polkadot 1.0 vs 2.0 —
A comparison between Polkadot 1.0 and Polkadot 2.0 highlights significant differences. The transition from slot leasing to a cumulative asset model will enable smaller projects to access Polkadot’s infrastructure without committing millions of dollars or locking up tokens for extended periods.
The number of available parachain slots is expected to increase from a limited 50 to a range of 500 to 1,000 cores, further expanding Polkadot’s capacity to onboard projects.
Polkadot 2.0 Launch Date —
Gavin Wood, Polkadot’s founder, has been actively involved in developing Polkadot 2.0.
While the technology is expected to be ready by late 2023, the official upgrade and release will occur in early 2024.
This timing aligns with the end of the major DOT unlock events, potentially setting the stage for a new wave of positive sentiment.
Polkadot 2.0’s new system for allocating block space could increase liquidity for the DOT token. Revenue generated from core time sales will be channeled into the Polkadot Treasury, and token holders will have a say in how these funds are distributed through governance. Periodic token burns are also being considered, which could make DOT deflationary and positively impact its price.
good luck
Dogeusdt shortDogeUsdt sell
Choose targets based on your own capital management. You can profit with 1% or less or more savings but there will be an equal floor and a lower floor.
dotUpdate previous analysis
I expected it to react to the bottom box in area 2, which did not happen, and now by keeping the green area in numbers 5, it is possible to touch any of the above lines.
Second movement formationIn the failure of the line of Ron and powerful candle, you can expect to have the second movement width to form, it is very high, so you can enter according to my image and idea with capital management.
DOTUSDTFor this currency, I will wait for the liquidity of the support areas to be hit
Or
The high is broken
DOT/USDT 1HInterval ChartPlease see the chart of DOT in pair with USDT. First, we will use the blue lines to mark the downward trend channel, where the price is moving in the upper range, but in this channel, the yellow lines can be used to define the local upward trend channel.
Going further, we can move on to marking support areas when we start a larger correction. And here the first support is at the current price level of $5.23, then we have a support zone from $5.12 to $5.03, and then we have a strong support zone from $4.81 to $4.65.
Looking the other way, we see that the price has reached the resistance zone from $5.33 to $5.40, which it does not have the strength to break yet. However, if it manages to come out on top and out of the downtrend channel, it must overcome the zone from $5.50 to $5.63.
Please look at the RSI indicator, which indicates a rebound with room for the price to drop to a lower level, while if we look at the STOCH indicator, we will see that it is moving at the lower limit, which resulted in a slowdown in the correction and may result in a temporary price rebound.
DOTUSDTIs DOTUSDT exhausting at strong resistance level?
As the price is been on high bull run but now it seems like price is lacking bullish momentum after reaching at resistance level and bearish divergence suggesting the sell pressure is about to start.
If the bears took control , the 1st target could be 4.5
What you guys think of it
DOT Polkadot Price TargetIf you haven`t sold DOT here:
Then you need to know that Binance, along with its CEO 'CZ,' has confessed to federal charges and committed to settling fines amounting to $4.3 billion.
The crypto exchange “admits it engaged in anti-money laundering, unlicensed money transmitting and sanctions violations"!
The question arises: from where will these substantial funds be derived?
One possible source is Binance's Proof-Of-Reserves, which reportedly exceeds 100%.
Among the tokens impacted is DOT Polkadot.
I've set a short-term price target for DOT Polkadot at $0.41.
Looking forward to read your opinion about it!
Polkadot DOT to $150 - BUY & HODLPolkadot is a nice project, it has real value behind it.
DOT ( DOTUSD , DOTUSDT , DOTBUSD ) , like all others, is cooking something.
Cryptocurrency Markets will eventually start another Bullish Cycle.
However, for that to happen, first and last: bad news and bad bad things need to happen.
Why? So that rookies will give in and surrender.
That's how it works.
When people sell out of fear, I buy!
So, I have been, and will continue buying all major falls.
I am a Crypto Bull, what can I say... I'm not investing my bread money, and neither should anyone else.
It's for the long-term, and with a little bit of luck, I will put my son to a good school once he's of that age.
Yeah, that's why we keep buying all these :poop: coins. :D
So, let's get on with it!
My best buying level is: $2.5 .
The Fibonacci Time Zones & Cycles tell me that this December there is a good chance that Santa will come.
IMO, The 2nd wave of the Fibonacci Summation is here.
Patience is needed though, because this rocket needs to gather fuel for that trip to Mars.
I've decided to set the bull-leg time-frame for early '23.
Until then, I'm loading ammo: HODLer style LOL.
Technical Analysis:
* Elliott Wave A-B-C Pattern
* Harmonic Pattern: Bullish Cypher
* Ending Diagonal
* Bullish Divergence
* Fibonacci Retracement: 88.6%
* Fibonacci Extension: 127.2%
* Demand Zone
Good luck my fellow HODLer!
Richard
DOT target 712h time frame
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DOT broke the downtrend line and creating a small bullish flag(lower time frame). Also, DOT might start following the Dow's theory to go above previous high at 6, then this breakout will be validated. With Fibonacci analysis, we can have target at 7 and 8
TP: 6.8~7.3 / 8.2
SL: 4.77
Will DOT wake-up soon ? Hello Traders,
MIL:DOT is acting like an old man, but actually it might start to re-gain it's adulthood again soon
Seems like it's forming Bull Flag when looking to small timeframes
although if you switch to Daily timeframe you will find that it already broke a falling wedge with target towards 7.8$
based on hourly timeframe
MIL:DOT is trying to reach the top of the flag at 5.650$
at which we will need Huge buying volume to confirm a breakout from the bull flag towards the resistances shown on the chart + two 4h confirmatory candles.
On CRYPTOCAP:DOT.D dominance broke a falling wedge / descending channel too which somehow shows that we will have an increase on MIL:DOT dominance and Volume .
Thank you!
Have a nice day.
See if it can rise above 6.207-6.280Hello traders!
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Have a good day.
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(DOTUSDT chart)
DOT corresponds to a coin that is expanding the coin ecosystem.
And, it is one of the coins that has not yet risen above the MS-Signal indicator on the 1M chart.
Accordingly, the key is whether the price can rise above 9.262 and maintain the price above the MS-Signal indicator on the 1M chart.
(1W chart)
To break out of the bottom zone, the price must rise above 6.207 and remain there.
However, the section where a full-fledged upward trend begins is expected to occur only when the price rises above 9.262-10.1307.
(1D chart)
Currently, the M-Signal indicator on the 1M chart is located above 7.187.
Accordingly, it is necessary to check whether the price can be maintained by rising above 5.382.
If that happens, it is expected to lead to an attempt to touch the M-Signal indicator on the 1M chart by rising to around 6.207-6.280.
If not, you should check for support around 4.876.
If it falls below 4.876, it will fall into the mid- to long-term investment area, that is, the bottom, so be careful.
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- The big picture
The full-fledged upward trend is expected to begin when the price rises above 29K.
This is the section expected to be touched in the next bull market, 81K-95K.
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** All explanations are for reference only and do not guarantee profit or loss in investment.
** Trading volume is displayed as a candle body based on 10EMA.
How to display (in order from darkest to darkest)
More than 3 times the trading volume of 10EMA > 2.5 times > 2.0 times > 1.25 times > Trading volume below 10EMA
** Even if you know other people’s know-how, it takes a considerable amount of time to make it your own.
** This chart was created using my know-how.
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