Polkadot DOT - Long term playHello loving crypto community.
I've been in a shadow for the past year, just following the gains of my positions previously posted, transferring them to the king $BTC.
Now is the right time to prepare ourselves for the new enter in some interesting positions.
First of those positions are DOT. Wonderful project, with top technology which will, certainly, stay a one of the most important players in the crypto.
As a pandemic hit the world hard, we need to expect that constant money printing and economic push from governments around the globe will result with a possible global market crisis. How big it will be? No one can know that. My scenario is that we will see lot of drops and sideways movements in crypto. Many projects will disappear, etc.
I am certain that $DOT will break its previous highs and that will go much much higher (long term - 2 years+).
However, there would be some nice entries for it in this year.
Those are levels that I am currently looking at. I will buy at these levels, but please do your own diligence and market analysis.
Buy orders
Target 1 - around 14.5€
Target 2 - around 11.5€
Target 3 - around 9 €
All those targets are in Euros (€), and are just my views on the current state of the $DOT.
Remember. We are here long-term.
Feel free to share your thoughts and strategies with us, let's win against the market! :)
STANDARD DISCLAIMER: This is not a financial advice. This is just my opinion on the current market. Always do your own diligence.
Polkadot
DOT/BTC in coming DaysHi every one
DOT/BTC
chart is speaking it self!
DOT/BTC has formed a reversed head and shoulder pattern which means that the price would increase as much as the measured price movement(the length between the neckline and the head). The neckline is already broken so now the price can easily do It's expected movement.
💎Traders, if you liked this idea or have your opinion on it, write in the comments, We will be glad.
Thank you for seeing idea .
Have a nice day and Good luck
DOT/USDT Analyse
DOT/USDT chart shows that 4h retest is successfull and next resistance is around $23.
If a long green candle breakts $23 fast, we might see #DT over $27 and next targets will be as given below.
As all cryptos , DOT is being effected by BTC moves too .So if BTC breaks $40k in next days, we might see DOT rsing faster than BTC
Resistance levels are around $23, $27 and $31
Good luck
POLKADOT(DOTUSDT) SHORT TO $8-$9 POLKADOT(DOTUSDT) is going through an A-B-C correction. The correction looks like a Zig-zag correction which is a 5-3-5 wave design
Wave A - Went from $49 to $10.6
Wave B - Went from $10.6 to $55
Wave C - it's a 5 wave series and I think it will end up at $8-$9 zone before reversal
POLKADOT(DOTUSDT) going to retrace to 88.6% or 94.1% correction TO $8-$9 . We are presently at 78.6% FIB retracement, so the next best points are 88.6% and 94.1% and they are derived by the following formulae:
88.6% price level is derived by squaring (or multiplying by itself) from the Golden Ratio, 0.618:
0.618 x 0.618 = 0.786 (78.6%)
0.786 x 0.786 = 0.886 (88.6%)
0.886 x 0.886 = 0.941 (94.1%)
88.6% retracement price is $9.3
94.1% retracement price is $6.7
I believe POLKADOT(DOTUSDT) will still be shorted and may find the reversal between 88.6% and 94.1% zone because that's also a junction point where retracement of the whole five-wave series and the extension of the A-B-C meet
Please like and comment for feedback
POLKADOT - VERY Important Level To Watch.In one of our earlier posts on Polkadot, we were saying that Dot will likely go down to the $10 area where we will be looking to buy - see that post here:
We are now very close to our entry zone. We have one more move down before we hit the $10 level - which some were very sceptical about!
The move down can be traded but it is only a short term trade. The big move is the buy trade from the $10 level.
Trade Idea:
- Watch for Dot to move down once more and tag the $10
- Watch for bullish price action at that level and enter
- Put stops below the price bounced from
- targets: 32.4, 54, actively manage the rest
Goodluck!
DOT (Polkadot)Polkadot buy zones
Buy zones in case of btc fall
1st - now
2nd - 11-13$
3d - 4-7$
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. Polkadot was designed to provide a foundation for a decentralized internet of blockchains, also known as Web3.
🔹strong fundametal
🔹perfect development activity
🔹one of the most popular assets among funds
🔹longterm investment
My preferred buy zones are 2nd and 3d
You can buy in parts starting from the current zone
PHALA, NICE PROJECT! >_-Phala Network is a privacy-preserving cloud computing service, which offers computing power comparable to existing cloud services and protects the privacy of managed programs. Based on TEE-Blockchain Hybrid Architecture, developers can deploy confidential smart contracts running inside the TEE Enclaves in the CPU.
Phala is also based on Substrate, and will run as a parachain of Polkadot ecosystem.
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It is technically in a great support of static, dynamic and golden 61.8 Fib step...
[LITUSDT] 60% possible recovery if BTC stabilizesHi all!
This is what I believe can happen on LITUSDT 4h timeframe.
This is why I'm bullish:
- We're reaching the end of a falling wedge
- RSI is bullish and shows bullish uptrend
- MACD is above the signal line and shows bullish uptrend being consolidated
Very simple chart but for me, the most probable scenario. Only if BTC remains bullish or keeps on ranging though.
Good luck everyone!
Polkadot heading to 5 USD?As I have previously posted I will not take big investments into altcoins and have money aside! 1st support for Polkadot (DOT) is the Fib. retracement 0.786 by $14 which could be a good area for a pull-back trade. Personally I will accumulate by around $5! Not financial advice!
Polkadot 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. Polkadot was designed to provide a foundation for a decentralized internet of blockchains, also known as Web3.
🆓Polkadot (DOT) Jan-27 #DOT $DOT
.
📈RED PLAN
♻️Condition : If 1-Day closes ABOVE 16$ zone
🔴Buy : 16
🔴Sell : 22 - 26 - 32
📉BLUE PLAN
♻️Condition : If 1-Day closes BELOW 16$ zone
🔵Sell : 16
🔵Buy : 14 - 11
❓Details
🚫Stoploss for Long : 10%
🚫Stoploss for Short : 5%
📈Red Arrow : Main Direction as RED PLAN
📉Blue Arrow : Back-Up Direction as BLUE PLAN
🟩Green zone : Support zone as BUY section
🟥Red zone : Resistance zone as SELL section
POLKADOT long position 🚀Based on the chart, the price stick in descending channel ✔️
and now
become close to support area and channel support ✔️
so
we expect gain for the price at least to channel resistance 🚀
and
if the price breaks the channel resistance, we can expect even more gain 🚀🚀
This is not financial advice, always do your own research.
Please, feel free to ask your question, write it in the comments below, and I will answer.
🐋
DOTUSD Lookin very Reversal'y Short term TP 25$Polkadot bounced off its macro support within inverse h/s, and on the market rugpull reacted to an extent where it fell to a critical support at 17 to form this inverse h/s
idk if its me but seems like a good time to buy in, MACD boutta go bullish in almost all timeframes, and RSI is way oversold
nfa
DOT USDT - [D]Polkadot visiting the Fib retracement level 78.6%. Appears to be forming a descending channel, also the 3rd touch on the bottom part making confluence with a Fib extension level. Waiting for a breakout, so the price generates a new H-H to confirm the possible new uptrend.
Remember always to trade with risk management!
DOTUSDTHello Crypto Lovers,
Mars Signals team wishes you high profits.
We are in the daily time frame. The price shows signs of being supported by the S1 line. If this happens, then the first target would be the R1 line and then the R2 line. It is also possible for the price to be rejected from the R1 line and fall back down to the S1 line. If S1 is also lost, then the price would fall further.
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
DOT Polkadot Trend change trade ideaHanging around decent support levels, within the channel, and small risk reward at these levels for stop loss.
Plenty of resistance levels to contend with, and will need a solid bullish market to continue up.
This is a favorite crypto for myself in 2022 and beyond
Still neutral until crypto sector sentiment picks up
Prepare for the worse plan $DOTAfter the drop passed over the sideways price range, the price of $DOT nearly touched at Fibo 0.886 (15.47)/(A-B), and it seems going Elliot Ending Diagonal pattern following BTC, if the king can also complete this pattern as I did mention in the attached link below, I will prepare DCA - $DOT for the worst plan around 7.16 to complete the expanded correction wave (irregular flat).
If everything will be better, the drop can stop at 11.76 and it will be the Elliot Running Flat before coming back.