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Polkadot

DOTUSDTDOTUSDT – 4H Polkadot's main feature is its ability to connect multiple blockchains into a single network, allowing them to communicate and share data with each other. This is achieved through the use of a unique technology called the Polkadot Relay Chain, which serves as a hub to connect multiple "Parachains" (parallel blockchains) to the Polkadot ecosystem. At 4 o'clock it has just broken the upper line of the Keltner channel and is currently at the fibo resistance at 7,366. The support line in the near future is $6,627 which would be the median of the channel, if the support is broken, the next support is $6,022 RSI has approached the upper end of the range, which may give a slight pullback in price (not necessarily, by itself it doesn't mean anything) Here are the supports and resistances in the 4H: Key Support Levels: 6,627 / 6,022 Key Resistance Levels: 7,451 / 8,022
by ferulianov
Significance of the 9.262-10.131 sectionHello? Traders, welcome. If you "Follow", you can always get new information quickly. Please also click "Boost". Have a good day. ------------------------------------- (DOTBTC 1W chart) The question is whether it can break out of the downtrend channel and rise above 0.0003 911. Therefore, it must rise above 0.0003 911 to gain or dissipate the rising force. --------------------------------------- ------------------------------------------ (DOTUSDT 1W Chart) The question is whether it can break out of the downtrend channel and rise above 7.530. If not, you should check for support around 5.192. (1D chart) The downtrend line passing through the top is not yet accurate. Therefore, the downtrend line is valid only when the candlestick closes with a lower candlestick this week. In any case, it is important to see if the price can sustain itself by moving higher above the 6.208-6.440 zone. If not, it is expected to fall below 5.674. Depending on the movement of BTC, it is expected to touch the circle section marked on the chart. From a mid- to long-term perspective, the important section is the 9.262-10.131 section. If the price holds above this zone, it is expected that the mid- to long-term uptrend will begin. DOT is one of the coins expanding the coin ecosystem. Therefore, it is one of the coins that can be invested in from a mid- to long-term perspective. -------------------------------------------------- ------------------------------------------- ** All descriptions are for reference only and do not guarantee profit or loss in investment. ** If you share this chart, you can use the indicators normally. ** The MRHAB-T indicator includes indicators that indicate points of support and resistance. ** Check the formulas for the MS-Signal, HA-Low, and HA-High indicators at (). (Short-term Stop Loss can be said to be a point where profit or loss can be preserved or additional entry can be made by split trading. This is a short-term investment perspective.) ---------------------------------
by readCrypto
✴️ Polkadot 5X Lev. (500%+ Potential)Normally we do 8-10X but since the initial breakout already took place we lower the lev. Instead of missing the opportunity all-together, we just lower the leverage and this way we can still jump in. We like to get the support level, the bottom... Once it starts moving we like it less but still people demand the numbers and so we comply and do our best. Keep in mind that there is a high probability of losing money in this or any trade... Be aware of the risks involved, if in doubt, skip... Leave and comeback when you feel certain. Knowledge can help you clear any doubts. Deep breathing and relaxation can help you make the right choices. Always be certain yourself before taking any trades or decision. Never hurry... If for whatever reason at any time you think that you have to "act fast", then that's the signal to slow down. Opportunities are endless. When one door closes, 1,000,000 doors open. ---- LONG DOTUSDT Leverage: 5X Buy-in: $5.250 - $5.850 Targets: 1) $6.500 2) $7.100 3) $8.200 4) $8.900 5) $10.10 6) $12.00 Stop-loss: Close daily below $4.950 Liq. price: $4.678 Potential profits: 540% Capital allocation: 3% ---- This is not financial advice. Leveraged trading is ultra-high risk and for experts only. Liquidation can result in all funds lost. We wish you the best, now and always. We wish serenity, tranquility, prosperity and success. Patience is key. Consistency and persistence will produce the desired results. Energy in, energy out. Take your time... Put your energy into it, dedicate time into it and it will give you back whatever you gave in... Multiplied by 10 of course. Look at my work for example... I work very hard, I am always rewarded with your amazing and continued support. Thank you my friend. Namaste.
Long
by AlanSantana
14
DOTUSDT 4HDOT is holding steady above the MM200 which is proving to be a powerful support, this is a positive sign as the buyers have not allowed the price to drop below the support line. In a bearish scenario, DOT would break through the bullish channel, enter a corrective phase and move towards MM200. Already in a scenario where buyers are in power, DOT can transit through the channel and break it up to the level of 7,653, which is the most likely since Polkadot is super undervalued and its potential is enormous since it has the highest input of programming codes. Here are the supports and resistances in the 4H: Major support levels: 6,791 / 6,497 / 5,827 Main Resistance Levels: 7,120 / 7,414 / 7,619
by ferulianov
1
$Neer next move! $Nuum. $dot $ksmAs I mentioned before (NEER successfully won a parachain crowadloan by Kusama and marked a record high of participants.. I expect this project to do very well in the short and long run.) (Circulating Supply: 22.6M) (Mcap: 5-6 M) Team is delevering and working on more deliverables according to the plan, they are also working on $nuum which is somthing you need to look up if you are interested in this project. #Bitcounty #Pionner are doing well. Technical part: It looks like it is forming a giant Adam and Eve pattern. I think it is worth looking at. Good luck.
NLong
by BadrAAA
2
DOT on the brink of a major breakoutHi all, DOT is usually trading below the radars of the big cryptocurrency influencers although it is already proven to be superior with its all technical advancements and future implementation as outlined in the roadmap. But this is not a pro-Polkadot post, so I will keep it simple. 1. Long-term downtrend - broken. 2. 21-EMA - flipped 3. $6-$6.2 horizontal resistance - broken. What is next is the $7 mark, which is where the next major multi-timeframe resistance and former support area is situated. Additionally, it is the last high the token made on the weekly timeframe, which makes it important for the mid-term bullish reversal scenario. Lastly, that level was when DOT was initially halted back in 2020 triggering a 40 percent correction, so it is a sensitive one with a lot of trading activity around it. I'm pretty convinced a clean breakout here will result in a major push towards the $9-$10 zone. Let me know what you think in the comments Regards
Long
by FutureBlockchain
Polkadot DOT price growth is still aheadIt is very likely that the DOTUSDT price is currently in the process of forming a global reversal trend pattern - "Inverted Head and Shoulders" Of course, the final confirmation of the pattern's formation will come after the DOT price is firmly established above $10, and buyers will need to make a lot of effort to achieve this. Looking at the chart, we can say that the rebound of the DOTUSD price from the bottom can be called quite weak compared to other altcoins. Buyers of Polkadot token have not broken "shorts stops" yet, which are most likely hiding above levels $7.20 and $8.20, which are the first targets for growth. Once this target will reach - when the shorts' stops are broken - a price correction may begin. The medium-term target for DOT price is growth to $10+. Long-term target - growth in the range of $19-23.5 _____________________ Did you like our analysis? Leave a comment, like, and follow to get more
by P_S_trade
53
Price growth could continue to the $9.680 rangeGiven that the potential for an intraday trend reversal has emerged for DOT, if buyers can keep the price above $6.523, price growth could continue into the $9.680 range in the medium term. If the resistance of the ceiling of the descending channel is completely broken, it will be possible to reach the target of $9.680. Of course, pullbacks should not be ignored, and a return to the lows in the $5.102 - $5.374 range is possible. The last point is that if the previous ceiling at $6.523 is broken before the pullback, we can consider the $6.523 support as a safe zone for a pullback.
by MonoCoinSignal
DOTUSDT | DECRYPTERS |POLKADOT Hi people welcome to Team Decrypters We are buying DOT in spot for MID - Short term and Allocating 2% of portfolio #Decrypters #dot #dotusdt #usdt #polkadot Reasons :- --A trendline breakout is a situation in which the price of an asset moves outside of a previously established trendline. This can signal a potential change in the direction of the trend and can be used as a buy or sell signal by traders --Volume Profile is a charting technique that uses historical volume data to display the distribution of trading activity at different price levels., Traders use this information to identify areas of support and resistance, as well as to identify potential trading opportunities
Long
by DECRYPTERS
1