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Polkadot

#dotusdt Trade setup: Following a bearish breakout from Sideways Channel ($7.00-10.00), price reached June lows of $6 and bounced up. Now approaching $7 resistance. (set a price alert). Trend: Neutral on Short- and Medium-Term basis and Downtrend on Long-Term basis. Momentum is Bullish ( MACD Line is above MACD Signal Line and RSI is above 55). OBV (On Balance Volume): is flat, indicating that volume on Up days is equal to volume on Down days. Hence, demand from buyers and supply from sellers are in equilibrium Support and Resistance: Nearest Support Zone is $6. The nearest Resistance Zone is $7 (previous support), then $10.
by Cryptbergofficial
#Polkadot Bottoming up, DOT up 16% as Bulls Aim at $8Past Performance of Polkadot Polkadot prices are down 30 percent from the August 2022 peaks, per the formation in the daily chart. Although the community expects DOT prices to recover after posting sharp double-digit losses from 2021 peaks, bears still have the upper hand. However, if DOT pierces above critical ceilings, the coin may surge to new Q4 2022 highs in a welcomed move. #Polkadot Technical Analysis Buyers are in control, and every low is an opportunity to accumulate. After sinking to register new 2022 lows in October, bottoming up from $5.74, the coin has since rallied 16 percent. At spot rates, there are bullish bars along the upper BB, pointing to solid upside momentum and support by traders. The spark is because of the wide-ranging bull bar of October 22 that pushed the coin above the resistance line, the middle BB, with expanding volumes. Even though the current coin's trade ranges are comparatively low to then, bulls have been resilient. Therefore, as long as DOT is above the middle BB and $6.28, the coin may race to September highs at around $8. What to Expect from #DOT? Buyers are bullish, and DOT is breaking out--a net positive. Prices are still within a bullish breakout formation as buyers press on. Since DOT is above the middle BB and $6.28 support, traders can target new Q4 2022 highs at $8 or better. Resistance level to watch out for: $8 Support level to watch out for: $6.28 Disclaimer: Opinions expressed are not investment advice. Do your research.
Long
by Bitcoin_Analyzer
Polkadot (DOT) - November 1Hello? Welcome, traders. By "following", you can always get new information quickly. Please also click "Boost". Have a good day. ------------------------------------- (DOTUSDT 1W Chart) It is important to be able to rise above the 11.72-14.93 section. To do that, we need to see if we can sustain the price above 7.74. (1D chart) The key is whether it can be supported in the 6.28-6.60 section or higher. If not, you need to make sure it is supported at 5.96 or higher. If support is found above 6.60, it is expected to lead to an attempt to move above 7.16. ------------------------------------------------------------ ------------------------------------------- ** All descriptions are for reference only and do not guarantee a profit or loss in investment. ** If you share this chart, you can use the indicators normally. ** The MRHAB-T indicator contains indicators that indicate support and resistance points. ** HA SRRC indicators are expressed as StochRSI(line), RSI(columns), CCI(bgcolor). ** CCI indicator is expressed as overbought range (CCI > +100) and oversold range (CCI < -100). (Short-term Stop Loss can be said to be a point where profit and loss can be preserved or additional entry through split trading. It is a short-term investment perspective.) ---------------------------------
by readCrypto
DOT is going to reach 4.9$ or 7.7$DOT is in a Descending Channel. The Price Right now is at the Top of the channel, which means The Price would Touch the Bottom of the channel. If that Happens,Price will reach around 4.9$. there is a little chance that a Bullish Break out Happens and the Price would reach 7.7$ -Dot is in a Descending Channel -Price is at the top of the channel -It will reach 4.9$ or Do a Break out to reach 7.7$ (Little Chance) _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ 🌍Thank you for seeing idea . Have a nice day and Good luck
by CobraVanguard
2
Mean Reversion Play for Summer 2022 Be careful700-750 target it probably rallies some this summer, but don't get fooled into Diamond Handing the Mean reversion. it will rug you again in the late summer or fall “The meeting of two personalities is like the contact of two chemical substances: if there is any reaction, both are transformed.” ... “Everything that irritates us about others can lead us to an understanding of ourselves.” ... “Your visions will become clear only when you can look into your own heart.
CRYPTOCAP:TOTAL3
by noam_chom
Polkadot (DOT) - October 25Hello? Welcome, traders. By "following", you can always get new information quickly. Please also click "Boost". Have a good day. ------------------------------------- (DOTUSDT 1W Chart) Whether or not it can move higher than 7.16 is the key. (1D chart) In order to get out of the mid- to long-term investment area, it should rise more than 7.16-7.74. To do this, it is necessary to check whether it can be supported in the 6.28-6.60 section or higher. ------------------------------------------------------------ ------------------------------------------- ** All descriptions are for reference only and do not guarantee a profit or loss in investment. ** If you share this chart, you can use the indicators normally. ** The MRHAB-T indicator contains indicators that indicate support and resistance points. ** SR_R_C indicators are displayed as StochRSI(line), RSI(columns), CCI(bgcolor). ** CCI indicator is expressed as overbought range (CCI > +100) and oversold range (CCI < -100). (Short-term Stop Loss can be said to be a point where profit and loss can be preserved or additional entry can be made through split trading. It is a short-term investment perspective.) ---------------------------------
by readCrypto
2
Polkadot/ Dot symmetrical triangle On Dot has there been a symmetrical pattern formed which shows a 50/50 of the price breaking to the upside of the downside. This said does the price trend show that the price is more likely to break to the downside as the market trend is bearish . Entry price: In the apex at 10.00. Stop loss: At 10.50, which is inside the triangle so when the triangle breaks to the downside but after the break to the downside starts trending upwards and is stopped by the stop loss. Target price: Is extrapolated from the triangle height/the upper trend line and this target price set at 4.48. This is also 55% gain if the prediction is successful.
Short
by vf_investment
Polkadot (DOT) – insane long today!Hello, everyone! Let’s continue analyze altcoins which have the potential to reverse before the whole cryptomarket. Yesterday I told you that ADA is about to finish the bear market, today I found the DOT which have almost the same or even stronger bullish bias! Let’s take a look at the 1W timeframe DOTUSDT chart. On the weekly chart the signals are very strong but can be realized several months. I suppose that this asset is now next to the perfect entry mid and long term point. First of all I want you to bring your attention to the clear Elliott wave structure. The whole bear market globally consists of the waves ABC. Waves A and B have the zigzag abc structure and the wave C has the 12345 waves structure. Looking at the very strong divergence I can conclude that the wave 5 is about to finish. What does it mean? It means that downtrend on this coin is about t end. Now it’s the best time to start accumulating the long/mid term holdings in crypto. Classical TA also showing us the nice buy opportunity. 1W demand zone is the extremely strong support. It is not just the abstract line which have to stop the dump with no reason – this is what the large players on the market monitor to have the best entry point. Moreover, look at the decreasing volume during the bear market. It means that the bears became weaker an weaker every week and very soon they will not be able to maintain the new lower lows setting. I have already bought DOT without the confirmation because it is the fundamentally strong asset which is not going to be scammed with the high probability. Best regards, Ivan
Long
by Skyrexio
16
📊🔥3 tagets for DOT: this trap force the alts to PUMP!Hi friends! I hope you follow my yesterday recommendation att least for scalping! Another swing trades you can open when the BTC show it's power. ✅ My recent plan for BItcoin in this video! Now the price of DOT consolidating in the FALLING WEDGE and start to squeeze to the upper boundary. It's a nice signal for the bulls. I hope the value area of $6.20-6.50 will become the support for the price in the closest future. 📊 The preconditions to open a long: ✅ false breakout +volume indicator confirmation (volume bars growth) 🔥 pullback to $5.9-6 🔥 squeeze to the trendline 🔥 bullish BTC ✅ The volume indicator help you to understand where is the bottom or high. The biggest volume are always there. If you want to make more succesfull trades, use the DOM and Footprint tools for scalping. It helps to open a short and long with the whales (big players). As far as you understand, the whales are the most profitable traders at the market. 🚩 The targets are the 3 key levels of $7, $8, $9.65. 🔥Traders, set your sl at the breakeven when the price reach the 1st target. My recommendation is to book at least 50-60% of profit when the price reach the second target. 💻Friends, press the "boost"🚀 button, write comments and share with your friends - it will be the best THANK YOU. P.S. Personally, I open an entry if the price shows it according to my strategy. Always do your analysis before making a trade
by Yuriy_Bishko
3