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Polkadot

PolkaDot DOTUSDT - HUGE breakout is happening! New bull market.- DOT is currently breaking out of the descending channel on the daily chart! - On the weekly chart we a have higher highs and higher lows, so there is nothing wrong with the overall bull trend. - Also an Impulse Elliott wave finished successfully with 5 waves to the downside, so now there should at least a retracement to 0,618 FIB. - RSI horizontal line is breaking out too. - Together with BNB we can experience solid gains.
Long
by UnknownUnicorn2537518
3
DOTUSDTHello Crypto Lovers, Mars Signals team wishes you high profits. We are in the daily time frame. The price hit the resistance line several times and now has broken it. This could be a failed breakout. If that is the case, then the price can fall down to the support zone. It is also likely for the price to make a small pullback and then move up to the resistance zone. If the price goes up to the resistance zone and gets rejected, then it can range between the resistance zone and the support zone. If the first resistance zone is also broken, then the price can range between the next resistance zone and the previous resistance zone which in this case will act as the support. Warning: This is just a suggestion and we do not guarantee profits. We advise you to analyze the chart before opening any positions. Wish you luck
by MarsSignals
4
POLKADOT - FULL Elliot Wave Breakdown ✅Polkadot is exhibiting clear wave formations which fall in line with the Elliot Wave schematic. We have the 5 wave impulse which started late 2020 followed by an ABC correction, which we are currently in. We are currently in the C wave which has 5 subwaves and we're currently on the 5th and last subwave heading towards the completion of the ABC correction, where we also have the 78.6 fibonacci making it a really great level to watch for BUYS. The next move would be the impulse (wave 3 - often the biggest wave). This is likely to take us beyond ATH, for a gain of atleast 400%! Trade Idea: - Watch for the completion of the ABC correction at the $9-$11 level - Once bullish price action, enter with stops below the lows - Targets: 50, 63, 80 Goodluck and as always, trade safe! Give it a thumbs up and let us know what other cryptocurrency you would like us to look at!
by WicktatorFX
5
DOT looks bearishIt's very late here for a long explanation so I'm just gonna say that at the beginning it looked to me like a "three little indians" pattern but I've checked and it isn't it because it lacks the right distance between the indians. Anyway it's a rising wedge and 1h and 4h with bearish DIVs on many indicators. Moreover the entire market looks like is uncertain and ready to explode (not necessarily up, actually I'm more inclined to expect a dump) so I would watch this for shorting opportunities. I'm not giving any entry point right now because it's possible the opportunity won't present itself. I'll try to update something tomorrow morning. Good luck
Short
by Shotokhan
8
Accumulating PolkaDOT I think it’s a good hold to add a for long term My macro outlook is 2025 I see it rising 360+ not financial advice just my own thoughts and observation on a macro scale coupled with fundamentals Also it looks like a Huge bullish pendant on the weekly that’s going to spring upwards to the heavens Gavin wood is an extraordinary person with his work at eth and web3 as well as philanthropy efforts. I know this is the future tech. All the best and 1love and peace
Long
by bullymcbagz
2
OPTIMISTIC SCENARIO FOR POLKADOT IN THE DIARY - TARGETSTechnical analysis regarding the price of POLKADOT in relation of dollar Tether for the next scenarios, based on daily movement. Optimistic scenario for polkadot in the coming days. In my analysis, I see that it is finding a very considerable region of support, in a bearish channel that, if broken, may seek the price projection that coincides with the expansion of good Fibonacci levels. disclaimer *** In accordance with CVM Instruction No. 598, of May 3, 2018, Art. 21, I declare that the recommendations of this analysis reflect solely and exclusively my personal opinions and perceptions and that they were prepared independently and autonomously. Not being considered a purchase and/or sale recommendation. *** Any questions do not hesitate to contact me. I'm happy to be able to help you in the best way I can. 🙏
Long
by luizhcruz
Trading this range bounding on $DOT !!Ranges over Ranges Deviations over Deviations This chart is rather easy to approach compared to others, especially BTC. My first game plan is to short $DOTUSDT at the range high Confluences at that level: 1- H12 supply 2- retest of the range high after the deviation (This is mainly how I like to trade) 3- H4 order block Target: Ultimately the range low at $15 (Daily range) Why am I looking for shorts: 1- We have Monday's low to sweep 2- We made a market structure break (msb) today to the downside so the MTF bias is bearish 3- Strong rejection at the EQ (Daily range), so naturally you should look for the range low after such rejection Share me your ideas about this, let's get this trade together I will share my long setup too so if you are interested follow me on tradingview and stay tuned Don't forget to hit the like button :)
Short
by CryptoSep
1
DOT - The Journey Of Two Paths...The much beloved Polkadot (DOT) is at a point of inflection in its journey. It has reached a point where it could have either a strong bullish or bearish run. In this trade idea, I will discuss each possibility and you can see which trade idea you would like to initiate. TO BUY DOT? How did we get to this point? When looking at DOT on the 1 Day chart, the price has fallen to a very longer-term level of resistance; dating back to 2020. This level of resistance is probably due to the large amounts of DOT that is staked and provides a strong level of support. If your Bitcoin thesis is that BTC has reached its lows and will start to consistently rebound, then this presents a good DOT buying opportunity LONG: Enter at Current Market Price Stop-Loss: $14 Take Profits: $22.50, $27,60, $30.80, $38.00 TO SHORT DOT? DOT and many other alt-coins could have a bloody several weeks or even months if Bitcoin is not able to maintain its current price levels and BTC starts crashing down to the $20k range. With this, you could short DOT as there is no resistance from the current price levels down to the $7 range. Although many people have DOT staked for long periods of time, there reaches a point where the price gets too low for them and they start unstaking and selling. SHORT: Enter at Current Market Price Stop-Loss: $20 Take Profits: $10.30, $8.25, $4.20 Let me know your comments & opinions below. Cheers!
by TheUnbounded