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Polkadot

Polkadot (DOT)Comprehensive Analysis of DOT 📊 Comprehensive Analysis 🔍 General Overview The DOT cryptocurrency, after experiencing a prolonged downtrend, entered a descending channel but recently broke out of it to the upside. Currently, the price is retracing to test the broken channel's trendline while facing a critical weekly resistance zone (red area). The high trading volume in this zone suggests increased investor activity and the potential for the uptrend to continue. 🕰 Weekly Timeframe Analysis 🔸 Current Situation Breakout from the Descending Channel: The price successfully broke above the long-term descending channel with strong volume. Weekly Resistance: The price is now encountering a key red resistance zone, a critical level for determining further movement. 🔸 Bullish Scenarios First Target: If the price stabilizes above the red zone, the next target could be the all-time high (ATH) of DOT. Parabolic Move: Market excitement and the breakout of key levels may trigger rapid upward movement. 🔸 Risks RSI Divergence: The RSI indicator indicates overbought conditions. The price may encounter resistance near the top of the RSI channel, potentially leading to a correction. 📈 Indicator Analysis 🔹 RSI (Relative Strength Index) On the weekly timeframe, RSI is nearing overbought levels. A breakout of the RSI's ascending channel top could trigger further bullish movement. 🔹 Volume Increased trading volume during the channel breakout validates the upward move. 🎯 Price Targets Short-Term Target: Testing and stabilizing above the red zone resistance. Mid-Term Target: Achieving the all-time high (ATH). Long-Term Target: Reaching over-extended RSI levels. 💡 Summary and Final Notes Technical analysis indicates that DOT is well-positioned for a bullish continuation. However: Breaking key resistances (red zone and the RSI channel top) is critical. Failure to break these levels might result in corrections toward lower supports (midline of the channel or weekly support). 📌 Recommendation Always apply proper risk and money management, and ensure your decisions align with personal research and due diligence.
Long
by alizeynali69
Polkadot DOT price has been “resurrected”Even “marketing promising deadens” such as CRYPTOCAP:DOT are coming back to life) The price of OKX:DOTUSDT has entered the sales zone of $10.30-12.20, so be careful and attentive. Those who like to “tickle” their nerves and patience can bribe #Polkadot from $12.40 to $17.40 Well, the true holders can "believe and wait" for #DOT again at $42, though per which route and when is an open question. _____________________ Did you like our analysis? Leave a comment, like, and follow to get more
by P_S_trade
2
POLKADOT, TIME TO LEAVE THE HELLAltcoin Time: Polkadot Bullish Swing Trading Polkadot is showing several bullish signals: PML being disrespected PWL being disrespected PWH being disrespected PDL being disrespected PDH being disrespected Daily Bullish FVG being respected 4H Bullish FVG being respected 4H Swing Low being disrespected Bearish Argument: 4H Swing High is being respected Altseason seems to be brewing, but as day or swing traders, we must remain cautious about short-term movements. Ignore the noise on social media and rely on your analysis and experience. Risk management is everything. If you risk more than you can afford to lose, you’ll end up emotionally drained. Protect your mindset by applying proper risk management techniques. Risk-to-Reward (RR): 5.2
Long
by Jaytradermb
Polkadot- I understand it may feel like a challenging time, but remember, fortune favors the bold. - Using extreme leverage, whether 30X or 100X, won't lead to wealth. - it often leads to losses. - Instead, consider buying on the spot market; it's a more stable strategy. When the market dips, that's the perfect time to dollar-cost average (DCA) more. - Hold your positions, stake wisely, and most importantly : - exercise patience. - it's the ultimate key to success. - Keep an eye on the charts, watch for triple bottoms, track trends, and be mindful of bubbles and Fibonacci levels. Happy Tr4Ding!
KRAKEN:DOTUSDLong
by thecryer
17
Polkadot (DOT)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. Anyway, DOT chart is simple. First DOT made a big harmonic pattern. Then broke the harmonic pattern's right leg and entered an inverted wedge pattern. Now, it seems DOT has made a minor harmonic pattern, then broke the right leg and is going up. Let's see if DOT can reach the inverted wedge's upper line.
BINANCE:DOTUSDLong
by SaeedSalehinia
You Will Not Believe In This Polkadot DOT Target!Hello, Skyrexians! BINANCE:DOTUSDT is one is the most hated coin now because it was introduced as a fundamentally strong crypto on the previous bull run, but on the current bull run it's performance is one of the worst in comparison with other tokens. Today we are going to show you why PolkaDot can be the sleeping giant and despite the great market cap can reach insane targets! Let's take a look at the 1W time frame. If we consider previous bull run as a wave 1, price still has not broken its bottom. It means that DOT is still in the global uptrend. Bear market for this crypto has clear ABC structure which has printed the global wave 2. It has been ended in August 2024 with the green dot on the Bullish/Bearish Reversal Bars Indicator , which is strong long signal with the bullish reversal bar. We expect that wave 3 has been already started and its targets can be measured by the Fibonacci Extension 1.61 and 2.61 levels. The first one is $89, the second $142. Best regards, Skyrexio Team ___________________________________________________________ Please, boost this article and subscribe our page if you like analysis!
Long
by Skyrexio
23
Polkadot Critical Momentum - Since 2015, Bitcoin showed me a glimpse of what decentralization could achieve – true empowerment of people through a trustless, resilient network. - By 2020, Polkadot amplified that vision for me, giving projects the freedom to build their own blockchains and putting governance back in the hands of the people. It may seem utopian, but Bitcoin has already proven it's possible with POW (proof of work). - In this 2024 pre-bull market, I’ve heavily watched BNB, Solana, and Toncoin bring in impressive profits. - I’ve followed these projects since their inception. BNB, tied closely to Binance, shares its fate—if Binance falters, so will BNB. Solana’s development team holds substantial control, often restarting the blockchain when it encounters issues, which raises questions about its decentralization. Similarly, Toncoin’s future is tied to Telegram’s success, meaning that if Telegram fades, Toncoin would likely follow. - All three projects – BNB, Solana, and Toncoin – have been heavily influenced by hype, memes, and venture capital backing. - Back to the trend : - Polkadot is at a critical juncture: if it doesn't break the downtrend, it could easily slide back to $3.60 or less, if it breaks up $5.50 is the next critical point. - Cryptos remain highly volatile and unpredictable. Invest wisely, do your own research (DYOR), and approach each projects with caution. Happy Tr4Ding!
KRAKEN:DOTUSD
by thecryer
9
DOT: Potential for 10x to 15x Gain!Hello, traders! Polkadot is one project worth considering for the upcoming altseason. Currently, it is at a bottom, holding a support trendline that has remained strong for DOT since its inception, making a rebound likely. We have a resistance trendline around $5.6, and once we break above it, we can expect a bullish rally. Trade setup: ~ Entry: CMP ~ Accumulation: $3.5 to $4.1 ~ Trade type: Spot or with maximum 3x leverage. ~ Period: Long-term. ~ Target: 10x to 15x gain. Note: Always do your own research and analysis before investing.
Long
by Dexter_The_Trader
POLKADOT COMPRESSION ABOUT TO EXPLODEHey traders! It's been a while since my last post in here. Despite that, I've been trading and charting like I always did. Anyways, this is why I think CRYPTOCAP:DOT is pumping on the next months: - As the rest of #alts , Polkadot has been on a compression structure since the manipulation on August. In my opinion, we are talking about a accumulation that will lead the price to reach the local ATH (11.00 - 12.00 USD) - Context is great. #Trump seems to be the winner of US elections next week. Don't take me wrong, I'm not a fan of #DOT and I think its time passed by. However, I don't think its crazy to see the #token dancing around 20.00 - 30.00 USD on the upcoming months.
COINBASE:DOTUSDLong
by Ometrading
6
Polkadot (DOT) Set for Potential Rebound? Key Price Action Signa👀👉 Despite recent downward pressure, Polkadot (DOT) is showing a bullish break of market structure on the 30-minute timeframe. I’m closely monitoring for a possible buying opportunity, guided by the key criteria discussed in the video. In this analysis, we’ll highlight the critical price action signals to follow and how to strategically position yourself for the next potential move. Disclaimer: This analysis is for informational purposes only and does not constitute financial advice. 📊✅
Long
by fxtraderanthony
Polkadot (DOTUSDT) Falls Fast! TP1 Hit, More Targets in Sight!Technical Analysis: Polkadot (DOTUSDT) on the 15-minute timeframe entered a short trade with a clear rejection of the Risological Dotted Trendline, signaling strong bearish momentum. Key Levels: Entry: 4.450 Stop Loss (SL): 4.534 Target 1 (TP1): 4.347 ✅ Target 2 (TP2): 4.180 (In progress) Target 3 (TP3): 4.013 Target 4 (TP4): 3.910 Observations: Price respected the Risological Dotted Trendline as dynamic resistance, confirming the downtrend. After hitting TP1, Polkadot remains in a solid downward trajectory, increasing the likelihood of hitting subsequent targets. Volatility is providing momentum, which could lead to quicker completion of lower targets. Polkadot's bearish move continues to unfold as TP1 is confirmed. Watch for the price to challenge TP2 and beyond as this short setup gains further momentum.
Short
by ProfitsNinja
2
DreamAnalysis | DOTUSDT The Market Turtle👋 Welcome back to DreamAnalysis! Today, we're analyzing DOT (Polkadot), a major player in the DeFi space, and exploring its future potential. 🌐 What is Polkadot (DOT)? Polkadot (DOT) is a multi-chain blockchain protocol designed to facilitate communication and data transfer between different blockchains. Its main goal is to improve interoperability between independent chains, enhance scalability, and ensure security through its multi-chain architecture. DOT, the native token of this network, is used for governance, staking, and bonding parachains (sub-blockchains). 📆 Weekly Analysis of DOTUSDT In the weekly timeframe, DOT is sitting on a crucial support level. If this support (around 4.022) is lost and the price closes below it, a sharp decline may follow. If you're still holding this coin, it is advised to sell if this support level is broken. 📈 Entry Point for Buying Entry for buying and holding in spot trading is clearly defined. After breaking the descending trendline and triggering the entry point at 4.814, you can consider buying with a stop loss at 4.022. Weekly DOTUSDT Technical Analysis 📉 Daily Analysis of DOTUSDT In the daily timeframe, the coin is showing a strong downtrend. This time, the price failed to break the resistance at 4.919 and quickly dropped toward support, indicating weakness in the buyers. If 4.005 support is broken, I personally will look to enter a short position, as the downward movement is in line with the trend. Additionally, increased volume and the break of the RSI 28.03 level could signal more declines ahead, with the next major support around 3.852. ⏱️ 4-Hour Analysis of DOTUSDT In the 4-hour timeframe, clear triggers for breaking support levels are visible, giving a solid indication of position entry for the upcoming week. 📉 Short Position After breaking 4.022, I will consider shorting to ride the potential decline. Also, confirmation of the RSI breaking 33.44 will add more confidence to this setup. 📈 Long Position more risky option would be to go long after breaking 4.251, especially with increasing volume. However, this is a higher-risk strategy given the market conditions. 💬 This wraps up today’s analysis. If you found this helpful, feel free to share it with your friends and leave a comment with your thoughts or any other pairs or coins you’d like us to analyze. 📌 These analyses are merely our ideas based on a chart that doesn’t follow strict rules. Technical analysis is an art, and these insights are not financial advice.
by DreamAnalysis
DOTUSD Is it really copying ETC's past Cycle?Polkadot (DOTUSD) appears to be following since its 2021 High (All Time High), ETC's previous Cycle of 2018 - 2021. As you can see on this 1W chart, the RSI sequences in particular between the two fractals are almost identical. Lower Highs Double Tops leading to the Bear Cycle, then an RSI bottom leading to a price break-out above the 1W MA50 (blue trend-line) and on the 0.5 Fibonacci retracement level (on overbought RSI), finally followed by a new decline (RSI at 40.00), which in ETC's case when broken, led to the Bull Cycle's Parabolic Rally. Right now it appears that DOT is on the 40.00 RSI Low, so naturally if it is indeed replicating Ethereum Classic's previous Cycle, we should see the price starting to rise aggressively towards the 1.5 Fibonacci extension. If that's the case, we can expect a High around $200 by the end of 2025. ------------------------------------------------------------------------------- ** Please LIKE 👍, FOLLOW ✅, SHARE 🙌 and COMMENT ✍ if you enjoy this idea! Also share your ideas and charts in the comments section below! This is best way to keep it relevant, support us, keep the content here free and allow the idea to reach as many people as possible. ** ------------------------------------------------------------------------------- 💸💸💸💸💸💸 👇 👇 👇 👇 👇 👇
CRYPTO:DOTUSDLong
by TradingShot
1
Will DOTUSDT Explode Soon? Critical Levels You Need to Watch!Yello, Paradisers! Is #DOTUSDT setting up for a powerful bullish move? Let’s dive into this analysis. 💎#DOTUSDT is currently testing a key resistance level at $5.127. If the price manages to break above this resistance and flip it into support, we could see a strong bullish continuation from this newly established zone. Over time, we’ve noticed #Polkadot consistently respecting the descending resistance, and recently, it broke upward and is now assessing that critical resistance. 💎However, it’s important to stay vigilant. The bullish scenario will only be confirmed if the price decisively breaks above $5.127 with strong engulfing candles and sustained momentum. Until then, we remain cautious. 💎But what happens if the price fails to break above $5.127 and loses steam? In that case, it’s clear that sellers are taking control. The key area to watch is the lower strong support at $3.895, which has been tested and respected twice. If the price rebounds here, the bullish case remains intact. However, a break below $3.895 would invalidate the bullish setup and likely lead to a significant price drop. 💎Stay focused, patient, and disciplined, Paradisers. The next move is crucial, and we must be prepared for both scenarios. Remember, consistent profitability comes from strategic trading and effective risk management. Strive for consistency, not quick profits. Treat the market as a businessman, not as a gambler. MyCryptoParadise iFeel the success🌴
Long
by MyCryptoParadise_Simon
Alikze »» DOT | Ascending channel - 8H🔍 Technical analysis: Ascending channel - 8H - It is moving in an ascending channel in the 8H time frame. - It has been in demand recently after hitting the bottom of the channel again. - According to the current form and structure, this upward movement can touch the targets specified in the chart with the support of the green box range. - In the first step, the first target will be the middle of the 4.68 channel, after which it can continue its growth up to the first supply area. - In addition, in the case of breaking and stabilizing above the middle of the channel, it will have the ability to grow up to the ceiling of the channel and the range of the second supply. 🛑 The most important resistance: ~ 4.68 💎 Alternative scenario: If the green box and the bottom of the channel are broken, the bullish scenario will be invalidated and the correction can continue until the origin of the movement. »»»«««»»»«««»»»««« Please support this idea with a LIKE and COMMENT if you find it useful and Click "Follow" on our profile if you'd like these trade ideas delivered straight to your email in the future. Thanks for your continued support. Best Regards,❤️ Alikze. »»»«««»»»«««»»»««« BINANCE:DOTUSDT
Long
by alikze
Polkadot: Gained Momentum!DOT initially slumped in the last seven days, but was able to recover fully. We now expect further advances to the upside. The green wave (iii) should ultimately stretch well above the resistance at $4.92. Afterward, we expect an interim correction before another rise completes the green wave 1. If, on the other hand, the coin slips below the support at $3.61, our alternative scenario (probability: 37%) will be activated. This wave count involves a setback into our orange Zone (between $2.98 and $1.67) during the magenta-colored wave alt.(ii).
BINANCE:DOTUSDLong
by MarketIntel
2