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Polkadot

KINT/USDT 1D. Coin as an example. Clear price action.KINTSUGI/USDT 1D. Secondary and main trend. Polkadot ecosystem coin. Spectating this coin for quite a while. Since the beginning of the year we saw quite an accumulation which lasted about a year. It's marked as green rectangle on the chart. In this accumulation there were 2 clear price movements(accumulation then pump). Then, with the marked(as it's no longer logical to hold the price in the accumulation) - price fell out of this accumulation channel. Since then the falling wedge started to form. Right now the price is moving inside this falling wedge and finding it's local bottom. It's more logical to buy FROM the bottom, not TO the bottom. I believe it's clear. Only when we see the bottom forming - it's more decent to buy rather then now, when the price only searching for it's bottom. But we're also near the reversal zone, which is shown as blue rectangle on the chart. Very likely price will reverse from this 0.26-0.3$ zone. Potential zones above and percentage amount from each potential reversal zone are shown on the chart. It's better to see increasing in volatility before entering the deal. This factor allows to indicate the bottom is forming. For the future we might see the same horizontal channel will be formed here. Hence it's possible to see couple pump cycles. If we're speaking about time periods - it's about autumn the price should move, believe this is quite obvious. Though it's possible to see couple moves in the potential channel - the most probable is the first move, so it's probably reasonable to work with it. How do it it i believe i have described above.
by TradingTsar
#POLKADOT #DOT Long-Term targets analysis#POLKADOT #DOT Long-Term targets analysis During the years 2020 to 2021, a five-wave ascending structure can be seen on the chart, which has taken 2.618 times ascension time to correct these five waves from 2021 to today. Referring to the rules and instructions of Elliott Style Percher, the conditions that have been created for the dot currency so far are the rise in wave 1 and a deep correction in wave 2. For this reason, we expect wave 3 to have a higher height than wave 1 (except for exceptions). Based on these rules and laws and ratios and the relation of wave length three to wave one, it is possible to get an estimate of the price targets until the end of 2025. The goals are: Minimum desired target : 28 Target1: 48$ Target2: 97$ Target3: 240$ Target4: 750$ STOP LOSS: 3$
Long
by KhaniTechnical
4
DOT.USD (Full Analysis Long Term)Hello my dear Followers. How are you? I hope you feel great. It's a new day and I want to talk about Polkadot (DOT) Please pay attention that it's NOT financial advice because it's just a new vision that belongs to me. and I'm sharing this analysis with you. So, please be aware and watch the market. So, let's go into details. I used the Fibonacci channel to analyze this chart. 0 is the bottom of the chart. 0.5 is the midline and 1 is the top of the Fibonacci channel. and so on I want to check this asset in the daily time frame. Based on the information we had, we are still in a bearish trend. And expect to drop more. Today market raised and I think it's just a pull-back to a lost support. Please don't FOMO. This market needs to drop more. According to my latest analysis about USDT.D, I expect this item to still go higher and higher. although the DXY is bullish too. BTC.D is Bullish Too. if BTC.D is bullish and Bitcoin drops, the altcoins drop more than you think. It means that the market needs more correction. There are four support zones for this asset, but just two zones are essential. Let me define these zones for you. I believe that the main zones for Polkadot are 2.06 and 1.07 USD. I don’t want to tell you the Polkadot will drop to 1.07 USD, I just tell you this zone (1.07 USD) is the last support and it might never touch the price. the main support for Polkadot is 2.06 USD. You should buy your asset at the cheapest price, so, you should be patient. I want to put in my order of 2.06 USD to buy a Polkadot. By the way, you should watch the market. Because bad news is coming. And they are really effective in this market. The main correction wave has not started yet. I want to refer you to my last analysis of BTC.USD in a weekly time Frame. we are still in the B wave and the C wave has not started yet. It was my duty to warn you and tell you all the truth. Sooner or later, but the correction is sure. Please be patient. Control your emotions. Opportunities in the market flow smoothly like a river. It was my duty to tell you all things you need to know. Please don’t forget to write your comments ✍️✍️ Like 👍👍 and Share 👌👌 this vision with your friends. And tell me do you agree with me or not? Good Luck Ho3ein.mnD
BINANCE:DOTUSDShort
by Sticky-Stock
Polkadot - $3 Looms as Sellers DominateHi Traders, Investors and Speculators of Charts📈📉 Polkadot is currently trading 93% under it's ATH. Although this is bad news for most bag holders, the good news is that the bottom is either in - or very close. There's no doubt that a bullish cycle is overdue, but not just yet. Technical indicators on lower timeframes show bears are still dominating, and there's a chance the price could fall lower once more before the accumulation phase finishes. Incase you missed yesterday's update on Bitcoin, find it here 📈 _______________________ 📢Follow us here on TradingView for daily updates and trade ideas on crypto , stocks and commodities 💎Hit like & Follow 👍 We thank you for your support ! CryptoCheck BINANCE:DOTUSDT BINANCE:DOTUSD
Short
by CryptoCheck-
10
Bottom section below 9.262Hello? Hello traders! If you "Follow" us, you can always get new information quickly. Please also click “Boost”. Have a good day. ------------------------------------- (DOTUSDT chart) In fact, it can be said that it has entered the bottom section by falling below 9.262. Accordingly, it can be said to be a coin (token) that does not correspond to the time of transaction. (1M charts) One silver lining is that the StochRSI indicator has been sloping. Therefore, it is necessary to check whether it will not decline further and lead to sideways movement. (1W chart) It is falling below 4.876 and renewing a new low. Accordingly, the key is whether the price can be maintained by rising above 4.234. If not, we recommend stopping the transaction itself and observing the situation for a while. I think it is difficult to say that maintaining the price by rising above 4.234 will result in an upward trend. Therefore, you need to check what kind of support it receives in the 4.234-6.523 range. (1D chart) We are falling to an immeasurable point. Therefore, it is better to wait and see if the price rebounds. Therefore, when the StochRSI indicator breaks out of the oversold range, you need to check at which point or range it receives support or resistance. If that happens, the HA-Low indicator is expected to decline. At this time, the key is whether it can receive support from the HA-Low indicator and rise. -------------------------------------------------- ------------------------------------------- ** 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. ---------------------------------
by readCrypto
DOT - Rainy 24 Hours Ahead 🌧️ Bearish ScenarioCloudy and rainy trading conditions 🌧️ loom for the global crypto market in the next 24 hours, forecasting a bearish market with downside risk. Avalanche and Polkadot encounter extremely bearish conditions, hinting at an impending rebound. Over a one-week horizon, the ☁️ cloudy trading conditions persist. However, Bitcoin, Cardano, and Chainlink glimpse a bit of bullish ☀️, suggesting a potential slight rebound. Follow us for more crypto weather reports!
by ATTMO
DOT/USDT preparing for bullish ride?🚀 Polkadot Today Analysis💎 Paradisers Heads up! DOTUSDT is gearing up for a bullish ascent, holding a pivotal support level on the Daily Time Frame (TF) 💎 Upon examining the asset on the Weekly TF, we've noticed bullish signals in the volume profile, along with significant volatility. The price of polkadot is likely to first target the 4.750 level, where it may face some resistance due to bearish indicators on the 4HR TF. 💎 Keep an eye on the intense supply zone at 5.180; the price is expected to retest this level to secure liquidity soon. However, if the price breaks below the support zone, consider planning a short entry down to the invalidation level. Keep your charts updated and Stay one step ahead of the market 🌟 🌴
Long
by MyCryptoParadise_Simon
Polkadot (DOT) Falls to Lowest Weekly Close Since 2020Polkadot (DOT) recently experienced a significant breakdown as it fell below the crucial $4.20 support level, marking its lowest weekly close since 2020. This decline has raised concerns among investors and analysts alike. DOT has been following a bearish trajectory since reaching its yearly high of $7.90 in February 2023. It slid below the $4.20 support level, which had held since the beginning of the year. Such breakdowns from long-standing support levels often trigger substantial declines. The conjunction of this support area and a descending resistance line has formed a descending triangle, a bearish pattern that underscores the breakdown and hints at the possibility of further losses. Potential scenarios If the downtrend persists, DOT's price could potentially drop by another 50%, reaching the $2 horizontal support area, aligning with its all-time lows from August 2020. However, if DOT manages to reclaim the $4.20 area and break free from the descending resistance line, it could trigger an impressive 85% price surge toward the $7.50 resistance area. The weekly Ultimate Oscillator, a momentum indicator used to determine overbought or oversold conditions, supports the prevailing downtrend, with readings below 50 and a declining trend considered bearish signals. Bottom Line: Despite the bearish predictions for DOT, a potential breakout from the channel and the $4.40 area could pave the way for an 85% surge toward the $7.50 resistance region.
by cryptohopper
Downward Trend and Support LevelsBecause of increased selling activity in the market, Polkadot experienced a swift decline towards its designated support levels. After breaking through the initial support around $4.80, the price continued to drop, reaching the $4.25 support level. There was also a brief dip below previous support levels. Consequently, in 2023, the cryptocurrency's value hit its lowest point, reaching approximately $4.135. This clearly indicates a downward trend in the medium term. Currently, there is only one remaining support level around $4 for Polkadot. If this crucial support level is breached, there is potential for a significant further decline, possibly reaching as low as $3 within the descending channel. In the short term, it's reasonable to expect the price to stabilize around these support levels.
by MonoCoinSignal
13
DOTUSD: want me some hotdotsI have wanted to accumulate some DOT for a while adding to my portfolio of layer 1 bags but for some reason other names have always been at a more attractive price point and Dot always seems to make a lower high. So, I have always backed out of buyin. Dot has bounced off of last low (didn't make a lower low by fraction of pennies) but most likely won't hold it. According to my Elliott wave count, now would be a good time got get some. If price falls into the rectangle box area, I will add 1 or 2% of my portfolio to Dot and stop loss will be at ATL, so pretty good risk/reward. If price starts to move upwards, then $5.7 lower high area will the spot to watch. I will get some at a higher price if there is a new uptrend. I like how this project enables defi but the current regulatory landscape might be working against it. At any rate, I think it is a good project and I want to hold some for long term.
BITFINEX:DOTUSD
by mukit1
Polkadot - key levels - investmentI think $4.585 is a perfect long-term buy zone. Dot has a monthly rangetrend that supports the upward move and some levels. 1st target - would be in the area of ​​monthly resistance at the price of $7.42 - almost 60% profit. 2nd target - would be in the area of ​​weekly resistance at the price of $8.54 - almost 85% profit. If the Polkadot price never reaches this weekly support, you can buy at $5.55 for 30-40% of your budget, and if the price drops to $4.585 , you can buy the rest.
Long
by Tonic_A
POLKADOT long idea Amidst the crypto realm, Polkadot reigns, A chance to profit, with its upward gains. With DOTUSDT.P, a long position may be, Based on channels, Fibs, and Stochastic RSI, to see. As parallel channels guide the way, And Fibonacci levels set the pace, Stochastic RSI shows its face, A buy signal flashing, with a steady grace. The trendline dips, to Fib 0.786, But from there it may rise, like a phoenix from the abyss. With Stochastic RSI at its bottom, The potential for a breakout, cannot be forgotten. So here's to the long idea, for DOTUSDT.P, A chance to thrive, a chance to be free. With channels, Fibs, and Stochastic RSI to see, A winning combination, for profits to decree. Potential Targets TP1 5.95-6.03 area TP2 6.98- 7.02 TP3 8.05 and above SL 4.28
Long
by DepecheGST
DOT is on the Verge of its Next Bull Rally | Polkadot Analysis💎Dot is currently positioned near a pivotal support area, having engaged with it on two occasions, signaling potential future movements. 💎At the moment, Dot finds itself within a zone of high demand. If it remains above this region, we might be on the cusp of a bullish ascent. 💎However, should it waver, a bullish trend may only emerge after revisiting the lower order block. 💎On closer inspection, we observed a phase where demand morphed into supply, resulting in a discernible price decline. 💎Looking forward, a distinct supply zone paired with a bearish order block is evident. There's a strong likelihood that Dot will undertake a bullish route to rectify this disparity. 💎In the ever-evolving crypto landscape, staying updated and versatile is paramount. Keep an eye out for further insights and savor your trading adventure.
Long
by MyCryptoParadise_Nathan
BITCOIN SHORT TECHNICAL POINT OF VIEW From technical analysis point of view I would say that in next couple of weeks we can expect that price will reach 33.000$. Everything above 33.000$ is my area for placing sell orders. There are gaps which has to be filled. Every trendline should have at least 3 touches. From my analysis I can see that gap fill, perfectly connects with the 3rd touch of upper trend line. These gaps fills are also at 18.380$ ,14.280$ and 12.480$. 12.480$ is my target for next next couple of months. PSYCHOLOGICAL POINT OF VIEW Put yourself in head of other investors. Ask yourself: How are they thinking at this moment? Where they are placing their orders? Are they placing buy orders or sell orders? Are they expecting lower prices or higher prices? . . . I would say that currently we are in the phase of uncertainty. We need big push to the upside or big push to the downside to "trick" investors aka. create manipulation of the market which will cause placing more orders on false short term pump or dump which will reverse in much bigger move in right direction. FUNDAMENTAL POINT OF VIEW Regulation of cryptocurrencies will definitely affect markets. A lot of crypto projects will die through regulation process. I think we will hear a lot of bad news coming out before we start a new bull run. We need capitulation (big fall of prices) which usually is more than 30% in a single month. This capitulation will be the answer of bad news coming out. This is only my opinion what we can expect in next couple of months before new bull run. Nothing in this post should be used as financial advice.
BITSTAMP:BTCUSDShort
by Cognitiq
DOT/USDT Technical Analysis: Ideal Zone for Potential GAINDOT/USDT Technical Analysis: Potential Accumulation Zone for Long-Term Gains Current Price: $5 Chart Analysis: DOT is currently trading well below its all-time high, presenting a potential opportunity for investors. A notable observation is the historical pattern of a 10x pump after a breakout from the last accumulation zone in 2020. Present Situation: The price has once again approached a similar accumulation zone, indicating the possibility of further downward movement. However, this could serve as an advantageous entry point for the next bullish phase. Long-Term Strategy: Consider accumulating DOT between the price range of $5 to $3. This range could provide a strong foundation for significant gains in the upcoming bull run. Projected Targets: While aiming for a new all-time high might be ambitious due to potential bag holders from the previous cycle, several target price levels could be lucrative: $10, $16, $23, and $31. Cautious Approach: It's essential to exercise caution and conduct thorough research before making any investment decisions. This analysis is a personal perspective and not financial advice. Thank you for reading.
Long
by CryptoPatel
5