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Polkadot

Long Polkadot (DOT) vs USDTDOT finally found floor at $26. This area had to be tested as support once again and now it's ready to challange the ATH's IMO. DOTUSDT is testing MA200 from below and as long it trades above it and flips it to support, I'm bullish on DOT. This is an aggressive entry here, more convention entry would be once it flips $33 to support. One of my favorite crypto project out there that hasn't shown it's true potential yet. It's a Top 3 project IMO. Make sure to take profits on the way up. Good luck.
BINANCE:DOTUSDLong
by Cool_Dog
2
Polkadot (DOT) - July 25Hello? Welcome, traders. By "following", you can always get new information quickly. Please also click "Like". Have a good day. ------------------------------------- (DOTUSDT 1W Chart) It is important to be able to rise above the 9.26-10.13 section. To do that, you need to make sure you can climb above the 7.16-7.74 section. (1D chart) Primary resistance: 8.49 Secondary resistance: 9.26-10.13 1st support: 6.60 2nd support: 5.19-5.67 We need to see if we can break above the 60 SMA line. ------------------------------------------------------------ ------------------------------------------- ** All indicators are lagging indicators. Therefore, it is important to be aware that the indicator moves accordingly with the movement of price and volume. However, for the sake of convenience, we are talking in reverse for the interpretation of the indicator. ** The MRHAB-T indicator used in the chart is an indicator of our channel that has not been released yet. ** The OBV indicator was re-created by applying a formula to the DepthHouse Trading indicator, an indicator disclosed by oh92. (Thanks for this.) ** Support or resistance is based on the closing price of the 1D chart. ** All descriptions are for reference only and do not guarantee a profit or loss in investment. (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 - Bullish Divergence still in play Polkadot has a similar story to many alts and arguably Bitcoin itself. It had a decent Bullish divergence confirmation on July 13th, but has had a weak bounce since at only 34% to the high at $8.00 but if we can hold this area of support/demand in green at just over $7 then I think we could see this bullish divergence push higher toward $10-11.00 Below $7 I see us testing the lower green demand zone at around $6.50 and below that, well, we will see new lows imo. Definitely need to hold the first green area to remain bullish in the short term, otherwise it looks weak and frail for another leg down. Not a terrible time to begin accumulating if you're interested in this project long term. Remember, DOTS high was $54 USD which is a measly 650%, just depends if you see it breaking that high in the future. Again, accumulating over time because it could easily see $4-5 in the near future where you want some capital set aside to take advantage of when it bottoms out, if you believe in it imo. V
by cryptovatsik
DOTUSDT 12h Possible scenario movement for Polkadot priceToday we will analyze the local situation on the DOTUSDT price schedule. But to begin with, we recommend that you familiarize yourself with our global idea of ​​DOTUSD on a 3-day timeframe. At the final price squeeze, sellers managed to spill the price below $6.36 to $6.02. However, buyers sharply bought the decline and closed the trading day at $6.46, after which the growth continued. If we compare the price rebound of DOT with other altcoins, we can say that it is average in terms of values, maybe even weaker than the average statistical rebound. However, if you believe in the prospects of the Polkadot project and ecosystem, but did not have time to buy it at the bottom, then fate may give you a second chance. Buying in the area $6.65-7.00 And further growth is possible according to the following route: $7.00 - $9.00 - $7.50 - $10.00 _______________________________ Since 2016 , we have been analyzing and trading the cryptocurrency market. We transform our knowledge, trading moods and experience into ideas. Each "like under the idea" boosts the level of our happiness by 0.05%. If we help you to be calmer and richer — help us to be happier :)
by P_S_trade
39
Polkadot Closes Full Green (100% Or More Still Available)Yesterday Polkadot (DOTUSDT) produced a full green candle and managed to close above EMA50 for the first time since March. The doors are open for massive bullish action. We have multiple targets to the upside but MA200 or the 1.618 Fib. extension level is the main one. From the current price, that's a 100%+ potential. (1,000%+ on 10X lev.) Are you certain that prices will go there? We have the same bottom pattern we looked many times in the past. Each altcoin trading pair that had this pattern, low on 12-May followed by lower low 13-June, etc. have gone all the way up to MA200 and EMA300. Polkadot is no exception, this altcoin pair will also grow. Namaste.
Long
by AlanSantana
Falling wedge patern with decreasing volume Polkadot to 16$Hello traders, after having made a long research i think that dot could make a very strong move to the upside due to the falling wedge pattern that printed on daily time frame. In my opinion it looks really bullish, but not only for the falling wedge on daily, it has also descending volume witch is a confirmation sign and means that to see an increase on volume it's a matter of time. It has already performed a success full breakout and a retest and now it is trading above of the upper trend line of the falling wedge. It is likely for it to go to 16$, but anything is sure in the market so i will keep moving the stop behind the key levels. It will be more likely to reach higher prices if it manages to surpass the exponential moving average of 55 on daily around 8.6$ witch is too a resistance. If will be glad to see what do you think in the comments and if you agree with me push the like button.
Long
by piccard54
Polkadot Moves... Over 755% Potential (6X Lev.)I was looking to share Polkadot (DOTUSDT) and the chart looks so good that we had to go with a trade. We are active now on this one, "low risk" because we go with 6X lev. Normally we use 10X. But at any time one can do 8X, 6X or even 3X and still the potential is huge/great. Ok. Still.... No numbers. But since we recommend this for experts only, I spot the chart setup and you take care of the rest. THIS IS NOT FINANCIAL ADVICE. Leveraged trading is high risk and not for beginners. Will it grow? Not the right question. If it goes down, we stop the trade at a lost. If it goes up, it becomes a winner, we collect profits and move on. We do not predict, we position ourselves and let the market decide which way it will go. Some we win, many we lose... That's the game. Those whoe can't take a loss cannot trade, because even the best traders in the history of the world have loses, all of the time... The point is to spot chart setups/trades, that are low risk but instead offer high potential for rewards. We sound like a broken record... We hope this is useful to you. We hope you make tons of money. We hope you live a long healthy and enjoyable live. We are wishing you the best now & always. Namaste.
Long
by AlanSantana
11
DOTUSD 8.80 short-term targetPolkadot (DOTUSD) has been trading within a clear Channel Down on the log scale ever since its last market top in November 2021. The price has been unable to break above the 1D MA50 (blue trend-line) since April 21. The recent Bullish Divergence on the 1D RSI though (being on Higher Lows against the price's Lower Lows) may be a first indication of an upcoming rebound at least on the short-term. In fact the price action since mid-June is similar to that of February - March. The rebound on that sequence was to the 0.618 Fibonacci retracement level, which on the current pattern is a little over $8.80. -------------------------------------------------------------------------------------------------------- Please like, subscribe and share your ideas and charts with the community! --------------------------------------------------------------------------------------------------------
BINANCE:DOTUSDLong
by TradingShot
4
DOT - We are about to break 44 DAYS old trendline!Reasons to take long: ⭐️ BTC bullish ⭐️ Trendline is 44 days old ⭐️ Trendline is clean ⭐️ In the end of local formation ⭐️ Slowly squeezing to the trendline ⭐️ 4th touch ⭐️ 35 ATR ⭐️ Over VWAP Will enter when price squeezes to the trendline on 5m timeframe, the base will form and the tape will get faster. If you don't understand the previous sentence, just use swing stop-loss 3-5% Fix profit by parts: 1% - 1/3 2% - 1/3, stoploss to breakeven What's left, hold to the maximum What do you think of this idea? What is your opinion? Share it in the comments📄🖌 If you like the idea, please give it a like. This is the best "Thank you!" for the author 😊 P.S. Always do your own analysis before a trade. Put a stop loss. Fix profit in parts. Withdraw profits in fiat and reward yourself and your loved ones
Long
by Artem_Dishel
10
Catching Knives - Potential for Some Small Relief For AltcoinsThe title is pretty self-explanatory. Sure, prices can keep collapsing into the abyss. I have little enough exposure where this wouldn't hurt me a huge amount. It's important for me to be very conservative. There is nothing that says we need to recover here. Many alts are back to their accumulation ranges from the previous bear market, so it seams reasonable to expect at least SOME buying action. For instance, Polkadot has now retraced nearly its entire bull market rally. In January when price was still above $25, I wrote about how there was serious risk for it to break the long term uptrend, and head back towards the $7-11 range. Here is the original post from January: Even prior to that, in November 2021 I wrote about how I thought DOT may have reached its long term top against Bitcoin. This has proven to be correct as well. In fact, looking at this chart tells me that it still has potential to fall. Perhaps it won't get a longer relief rally until those lower levels are reached. Regardless, I picked up some DOT here near $7.20. I also rebought ALGO at $0.29 after stopping myself out of a spot trade from $0.39 not too long ago. These are not necessarily meant to be a long term positions. I may even sell them tomorrow if things seem even less likely to turn around here. My strategy is different than it was during the 2018 bear market. Back then, my strategy was to accumulate as much as I could afford, within reason. Now my strategy is to simply see if I can time the occasional bounce. If I do see signs that the market could rally again in the future like it did in 2017 and 2021 I will change my tune a little. Even so, I see little use for cryptocurrencies in our world. I acknowledge that this may change as well, although honestly I'd prefer to see adoption over price appreciation. If the market bounces, it can last for anywhere from a week or two to several months. No one knows. My speculation is that a bounce would yet again involve altcoins outperforming Bitcoin, while larger whales unload their BTC in the $30-40k range. But then, this would imply that Michael Saylor would be able to exist at break even, or in profit. Will the market give that to him? More bullish behavior would be Bitcoin pumping right back to $42k while alts begin to really lag, as we began to see in 2019 once the bottom was in. Something like this would begin to invalidate my longer term bearish view. On the bearish side here, if DOT can't hold above $7 for long, it can head down to the next support level, between $4-5. Similarly with ALGO, if it can't hold above $0.26-27, it can head down to $0.16. Dumps like this continuously happened in 2017, but at least back then there was the occasional mega relief rally for altcoins. This time, we may not get those opportunities, so I'm being especially careful. This is not meant as financial advice! This is meant for speculation and entertainment only. -Victor Cobra
Long
by VictorCobra