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DOTUSDTPERP

DOT Analysis 09/03/2021we have achieved our Past Specified Targets and now Updating the Idea and Taking New Positions as you can see the price has done its accumulation phases in 2 zones and triggered our past TPs with a sharp Impulsive wave and consolidating above our 3 TP, it will started its Rally after some consolidation as we can see there exist a Hidden Bullish Divergence with MACD Histogram, which is the sign of trend continuation. there total of 3 New Targets specified where as the 3TP will gets its confirmation if the Price Triggers and Correct the 2 TP which is the extension zone of Fibonacci Projection of the Previews impulsive wave.
Long
by BitonGroup
8
DOT (Polkadot) Coin Analysis 10/04/2022Fundamental Analysis: 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, permission-less networks, oracles and future technologies, allowing these independent blockchains to trustlessly share information and transactions through the Polkadot Relay Chain. Polkadot’s native DOT token serves three clear purposes: staking for operations and security, facilitating network governance, bonding tokens to connect parachains. Polkadot has four core components: 1. Relay Chain: Polkadot’s “heart,” helping to create consensus, interoperability and shared security across the network of different chains; 2. Parachains: independent chains that can have their own tokens and be optimized for specific use cases; 3. Parathreads: similar to parachains but with flexible connectivity based on an economical pay-as-you-go model; 4. Bridges: allow parachains and parathreads to connect and communicate with external blockchains like Ethereum. Polkadot is a sharded multichain network, meaning it can process many transactions on several chains in parallel (“parachains”). This parallel processing power improves scalability. Custom blockchains are quick and easy to develop using the Substrate framework and Substrate blockchains are designed to be easy to connect to Polkadot's network. The network is also highly flexible and adaptive, allowing the sharing of information and functionality between participants. Polkadot can be automatically upgraded without the need for a fork in order to implement new features or remove bugs. The network has a highly sophisticated user-driven governance system where all token holders have a vote in how the network is run. Teams can customize their own blockchain’s governance on Polkadot based on their needs and evolving conditions. Nominators, validators, and collators all fulfil various duties to help secure and maintain the network and eradicate bad behavior. At the end of 2021, Polkadot successfully concluded its first Parachain auctions. The Parachain auctions followed an un-permissioned candle auction system. The winning bid is the highest bid at the random moment the auction ends. Polkadot assigned the first five slots to the following auction winners: Acala, Moonbeam, Astar, Parallel and Clover. These projects will have their parachain slots locked in for 96 weeks, guaranteed by the DOT bidders committed as collateral. As customary on Polkadot, all projects had previously been battle-tested on its de-facto testnet Kusama. The network uses an NPoS (nominated proof-of-stake) mechanism with validators and nominators. Nominators back validators with their tokens. These staked tokens maximize chain security by making it prohibitively expensive to misbehave. Validators are staked on the Relay Chain and confirm transactions coming from the different parachains. This unique validity scheme enables chains to interact with each other securely under the same rules, yet remain independently governed. Polkadot is the flagship protocol of Web3 Foundation, a Swiss Foundation with a mission to facilitate an open-source, fully functional and user-friendly decentralized web. Polkadot’s founders are Dr. Gavin Wood, Robert Habermeier and Peter Czaban. Wood, Web3 Foundation’s president, is the most well-known of the trio thanks to his industry influence as Ethereum co-founder, Parity Technologies founder and the creator of the smart contract coding language Solidity. Wood is also credited with coining the term Web3. Habermeier is a Thiel Fellow and accomplished blockchain and cryptography researcher and developer. Czaban is the former Technology Director at Web3 Foundation, with a wealth of experience across highly specialized fintech industries. Following the network’s redenomination after a referendum on Polkadot, DOT balances increased by 100, so one old DOT was equivalent to 100 new DOT. This meant that the initial maximum supply of 10 million old DOT in August 2020 became 1 billion new DOT tokens. The redenomination was undertaken purely to avoid the use of small decimals and make calculation easier. While all balances were increased by a factor of one hundred, this did not impact the distribution of DOT or holders’ proportional share. Polkadot’s first initial coin offering (ICO) was held in October 2017, and the Polkadot price was $0.29, with 2.24 million tokens offered. The second ICO was held in July 2020, and the Polkadot price offered was $1.25, and 342,080 DOT tokens were sold. The current CoinMarketCap ranking is #12, with a live market cap of $19,263,288,614 USD. It has a circulating supply of 987,579,315 DOT coins and the max. supply is not available. DOT Market Capitalization Analysis: Technical Analysis: There exist Bullish Divergence of Price Value and MACD on 4 Hours Time Frame, which is the sign of bearish trend reversal and start of the new Bullish trend which may lead to the new Economical Cycle. The bullish Trend has already Started and we can notice the Strength. There are Total of 3 Targets defined by the Average Confluences of the Fibonacci Expansion and Fibonacci Trend Base Extension. these confluences Points can even be counted as the Major Pivot Points. The 3 TP gets its confirmation as the Bullish trend Triggers the 2 TP followed by some Price correction and Reaccumulation. on its Up Formation rally. Currently the Price Value is below 61.8% Fibonacci Retracement level from its ATH of 55$; it means that, it is in the undervalue Level and counted as Discounted Asset Price. The Fibonacci Tools have been Drawn From 0$ to the ATH (55$), so the Specified Levels are well Defined and Proved. The Asset is at the Accumulation Level Currently, which means soon the smart money will Flow in it and the Price Value will get Pump and Appreciates. Probably we may not again see this 78.6% Fibonacci Retracement Level or bellow in the current cycle though there are some minimal chances of Price falls to the 85% of its ATH Support area, which may Pivot the Price Fall and start the new cycle. Our Past Analysis: Initial Asset Acquisition:
Long
by BitonGroup
DOT Struggling on Higher Timeframes In the last 5 months DOT has lost 70% of its value, it corrected till 0.886 on Fibonacci until it found a local bottom & bounced off $15. DOT Higher timeframes: However, DOT is still struggling to break above the supply at $23 - $24, which is now acting as a strong resistance on higher timeframes. We need DOT to close a weekly candle above the supply zone $24 for further upside or else it will go for further correction. DOT Lower timeframes: On lower timeframes, we're currently retesting the breakout, if we hold it will retest the $23 - $24 supply zone. Look for entries on lower timeframes for short term trade, for longterm look out for clear break through above the strong supply zone $23 - $24.
Long
by TychonTrades
DOT is goin' up!BINANCE:DOTUSDT -------------------------------------------------------------------------- -Testing a crucial resistance, once broken, there is no coming back anytime soon, -Price Broke both EMAs (21 and 55), and EMA 21 crossed over EMA55 (shows bullish momentum) -MACD shows Convergence with Bullish Momentum -RSI 65 (not oversold, which provide availability for a potential uptrend) -------------------------------------------------------------------------- . Targets given in the chart . -------------------------------------------------------------------------- Trade Carefully! Cheers! BINANCE:DOTUSDT
Long
by Crypto-Cyborg
1
DOTUSDT, We are going to reach to the new support levelHello everybody As we have many request to update analysis of Dot, we will update it at the end :D As you know, Dot is one of the most powerful project in crypto that is working on connection base between blokchain with parachain and ... The founder of project is Dr.Gavin wood , he is one of the co-founder of etheruem and ... If you know the fundamental of any project that can help you to knoe the road map and to diagnosis which one these many project are good and it can be worthy in future According to the chart and our previous serial analysis , we shown on chart that we are in downward trend and until we are moving in this trend to the low we didnt have any permission to take long posotion because its against of trend and now according to the trend we expect the price to have some rise up to complete their correction then its ready to make new LL and make new breakwave . You can take short position if you have signal in the resistance zone that we shown in previous analysis. ( Signal : like reverse hammer , descending cover , pattern price or ... ) Please guys dont forget use stop loss and observe capital management If you re attractive of Dot you can check our previous analysis to know the movement : If you have any question, send us messages Good Luck Abtin
Short
by Abtin00
DOT/USDT TRADE SETUP READY FOR A BIG MOVE.Hi guys, This is CryptoMojo, One of the most active trading view authors and fastest-growing communities. Do consider following me for the latest updates and Long /Short calls on almost every exchange. I post short mid and long-term trade setups too. Let’s get to the chart! I have tried my best to bring the best possible outcome in this chart, Do not consider it as an DOT/ USDT LONG NOW : $18.400 - $16 Target : 100% STOP : $15.5 This chart is likely to help you in making better trade decisions, if it did do consider upvoting this chart. Would also love to know your charts and views in the comment section. Thank you
Long
by CRYPTOMOJO_TA
DOT/USDT 3D UPDATEHi guys, This is CryptoMojo, One of the most active trading view authors and fastest-growing communities. Do consider following me for the latest updates and Long /Short calls on almost every exchange. I post short mid and long-term trade setups too. Let’s get to the chart! I have tried my best to bring the best possible outcome in this chart, Do not consider it as an #DOT/USDT about to break out this falling wedge pattern and lying on very strong support. ENTRY- $17.40 - $17.60 TARGET- 200 SL- If it breaks and closes below the 15.60 This chart is likely to help you in making better trade decisions, if it did do consider upvoting this chart. Would also love to know your charts and views in the comment section. Thank you
Long
by CRYPTOMOJO_TA
DOT/USDTWelcome to this quick Update, everyone. If you are reading my updates for the first time do follow me to get more complex charts in a very simplified way. I also post altcoin setups on Spot, Margin, and Futures. I have tried my best to bring the best possible outcome in this chart. DOT/USDT is making the bullish falling wedge pattern. It is lying above the strong demand zone. MACD crossover is showing bullish momentum. RSI is in the oversold region. We can expect an upward move from here if BTC remains stable. What's your thought on this? Do hit the like button if you like this update and share your views in the comment section. Thank you #PEACE
Long
by CRYPTOMOJO_TA