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Polkadot

DOT/USDT - Potential 89% SetupHello Traders! The upward movement of DOT has corrected to the Fibonacci level of 0.618, as a result, the price stands in the buyers zone of interest of $25.00 - $28.50. This opens up a good potential for a medium-term trade with a good risk/profit ratio. We can look for buy entry in the range of $26.00 - $30.00 The position should be closed by the stop-loss if the price goes under the mark of $21.75. The profit taking targets will be price levels of $39,00 $45,50 $54,00 Good luck and watch out for the market P.S. This is an educational analysis that shall not be considered financial advice
Long
by UnknownUnicorn10064030
Polkadot Now has LARGER 1-2 SetupPolkadot (DOTUSD) invalidated its nested 1-2,i-ii setup that was our primary PURPLE pattern by breaking below the 25.75 support. While that is unfortunate and makes the bearish RED alt pattern more likely, the new primary GREEN pattern now identifies our 55-top as larger subwave(i). And that means our standard overhead targets for DOT have risen substantially . Subwave(iii) now targets 235-349 while Subwave(v) now targets 445-660. There are also strong Fibonacci confluences at 191, 381, and 583 at which we can see pullbacks. The larger 1.618 ext at 1161 still looms and could possibly serve as the major top for Polkadot if things go extra bullishly. All this is great news as long as we stay over support at 19.69 , which marks the 61.8% retrace of our new green subwave (i). Dropping below that can substantially increase the likelihood of the bearish RED alt pattern manifesting. Officially, breaking below 10.34 will make the bearish red pattern my primary, but in all honesty, if the altcoins are going to see that kind of bearishness, BTC and ETH will flash strong warning signs well before we get that low! As the rally continues, it will become more and more important to focus more on dollar-cost-averaging (DCA) to purchase DOT as opposed to buying in large lump sum amounts. The risk-level increases as the price rises, so your window is closing on deploying larger amounts of cash. Remember to diversify not only what you purchase but also the TIME of the purchases; that's where DCA can help! I use Elliott Wave analysis to project price levels for different assets and asset classes. EW is a form a technical analysis that is absolutely NOT based on fundamentals. Please be aware that this is not intended to act as financial advice. I am not a trained or certified financial professional. You may invest based on a strategy tailored to your own skill and risk-tolerance levels. #polkdadot #dot #polka #crypto
KRAKEN:DOTUSDLong
by Critique-al-Thinker
3
DOT is deeply undervaluedPolkadot price is bottoming out around $25 and its showing signs of turning bullish. RSI indicator is starting to rise from the oversold levels as bulls strongly defend the support zone. The price is down some 50% from all-time high reached in November and has lots of room to grow. This is a good area to accumulate positions. Don't forget DOT has staking option. Bullish news on DOT -> Deutsche Telekom AG subsidiary – T-Systems Multimedia Solutions (MMS) has bought an undisclosed amount of Polkadot (DOT) tokens in latest blockchain push. MMS is not new to the world of blockchain technology as DOT has become the fourth blockchain that the German telecommunications giant has added to its list.
KRAKEN:DOTUSDLong
by Tilen_tradershub
DOT/USDT ChartBefore I start to talk about DOT I would be grateful if you could follow, like and leave a comment about the idea, crypto market or any tip on how I can inprove. I'm starting way more often, so please check my recen ideas. DOT has been a great investment in this bull run, and I think that we might see the coin reach 40$ again if BTC resumes the uptrend. The coin is in a good buy range at 26$, and if we break the 30$ resistance we will probably hit 40$. If BTC goes down a drop to 18$ is the most probable scenario. DOT has very similar paterns in the two stages of the bull run so we can expect a sideways movement like we saw in May and June. For now the best we can do is wait for the BTC price movement before entering a postion on DOT. I remain confident that the coin will break the resistance and go up because BTC chart doesn't have any sign of a big crash yet. Comment what you think
by Devan-CryptoCharts
Polkadot slowly getting readyPolkadot has been in this descending channel since its ATH, from its price history it can be seen that it respects ta very well so if it was to breakout I could see it riding all the way up to at least 35ish dollars where the .382 fib extension before retracing, making a higher low and going again. It is showing daily bullish divergence on both oscillators and also showing signs of seller exhaustion on the 4h and less. However, it hasn't got much support in this area except the minor one that it has held so far. A btc dump would see it easily break the dotted support and head to the next one. I will only be long at a break of channel because of this reason.
by SynergyTradingSetups
DOT 20$ is really soon BINANCE:DOTUSDT ✅Before we start to discuss, I would be glad if you share your opinion on this post's comment section and hit the like button if you enjoyed it. Thank you. Possible Targets ➡️All hype with auctions doesn't affect DOT price. ➡️People waiting when the crowd stake and lock DOT in liquidity for 2 years price is jump to ATH - wrong ➡️ Manipulator drop the price and now we should test 20$ fundamental price and 0.23 level by FIB. ➡️ After this we can see continuation the rally to 75$ for DOT by end of 2022 ➡️RSI on D1 - bullish Hope you enjoyed the content I created, You can support with your likes and comments this idea so more people can watch! ✅Disclaimer: Please be aware of the risks involved in trading. This idea was made for educational purposes only not for financial Investment Purposes. Don't forget sub and join my channels under this idea!
by Crypto4light
4
Cosmos (ATOM) - Simplify, Zoom Out!The native token of Cosmos, or the main competitor of Polkadot, made a pleasing decline towards support of the Weekly 50EMA. Polkadot and Atom are both above-average-volatile cryptos & tend to cross their point of true valuation by quite some distance. For as far as this token goes back in history, the 50-Weekly EMA shows good signs of support. A volatile strong pullback of more than 50% after 42 days of continuous selling. Cosmos is a decentralized network of independent parallel blockchains, each powered by their own BFT consensus algorithms like Tendermint consensus. ⛏️ Polkadot is a blockchain protocol that simplifies interoperability by bringing multiple blockchains into one network, the Parachain, sharing the same consensus. ⛏️ Polkadot is hovering over relatively the same area: Both have the same mision: Interoperability. In contrast to Cosmos, Polkadot uses Proof of Stake consensus where miners can be found at the heart of the network. In the future of blockchain, I believe that interoperability will be one of those longterm opportunities where money's at. Interoperability is vital to connect ecosystems in the future. Other projects like Cardano are also building protocols serving this need but not to the same extent. Out of all three, Cosmos is the one pulling Interoperability to the extremes, promising to support unlimited new blockhains and connecting them via Hubs. And the advantages don't stop there. Shared security frameworks, modularity, performance and many more aspects are added value by this philosophy. Both Polkadot and Atom look currently undervalued when relatively compared to the total altcoin market using the same indication: Additional & interesting information on how Cosmos works can be found here: v1.cosmos.network Enjoyed reading this article? Follow me to stay on top of crypto and receive more informational crypto content like this in the future. Thank you for reading and feel free to leave your thoughts in the comments below! 👋
COINBASE:ATOMUSDLong
by jonathanvn
Polkadot Future is BrightFast update. - Let me be clear on Polkadot, we didn't break any up trend while BTC was dipping. - As you can see on the Graph DOT bounced on his trend (White Line) ( Actually EMA100 / 1D TF). - Acala Network Won first Parachain. - Second Parachain Round just started. - Don't forget that Polkadot huge ecosystem, not same as Solana (Smaller), it will take more time but the long term finality could be impressive. - Unless TheKing not fails Polkadot won't dip more, like most of all altcoins. ----------------------------------------- Trade Plan Unchanged ----------------------------------------- TP1 : 75$ ish TP2 : 100$ ish ----------------------------------------- i will add in comments olders analysis. Stay S4fe and follow the King! Happy Tr4Ding !
KRAKEN:DOTUSDLong
by thecryer
15