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Polkadot

Polkadot (DOTUSD): Don't Miss Out ⏰Polkadot #DOTUSD BINANCE:DOTUSD Polkadot remains a chart of high interest to us, even though we narrowly missed our limit order by 10 cents. Since the near-miss entry and the low at $6, we've seen the development of Waves 1 and 2, and now the question arises whether we're in Wave 3 or experiencing a zigzag correction. However, the latter seems unlikely because we've observed a 3-wave rather than a 5-wave structure moving from Wave (1) to Wave (2) or to Wave C downward, which typically rules out a zigzag scenario. Should this be the case, we still anticipate our limit order being filled. Surpassing the 78.6% level could indicate we're either in Wave 3 or encountering a possible flat correction. We haven't completely dismissed this scenario yet. If we're indeed in Wave 3, we expect to significantly exceed the $9.6 level or fall well below it, around the 161.8% mark, indicating that Wave (2) has concluded and we're in an upward 5-wave structure. We'll continue to monitor the situation closely and keep you updated on further developments with Polkadot.
CRYPTO:DOTUSDLong
by freeguy_by_wmc
2
DOTs awakeningLooking at the history of this chart I can say with confidence that this is one of the worst charts I have ever seen. How the whales pumped and surpressed this coin to the ground is just mind-boggling. Technically Polkadot was in a bear market forever. Till now. It's actually about to break one of the hardest resistances since 1,5 years. After that it will create the right shoulder of a bigger inverse head & shoulder on higher timeframes and retest the massive key resistance range of 40-55$, break it and fly to new highs, expecting to fill the gap since birth and reach the final target of 200-380$ in wave 3.
Long
by PizzaDriver
3
DOT/USDT Poised for a Bull Run? 👀🚀DOT Analysis💎Paradisers, let's direct our attention to #DOTUSDT, as it's showing signs of a potential significant move from a key demand level. 💎#Polkadot is demonstrating an upward trend, hinting at a likely bullish breakout from its current demand zone. We anticipate a retest of the demand level at $6.38, with a major supply zone in sight. If #DOT holds above this level, it might set the stage for a rise toward the major supply zone at $9.0. 💎However, if #DOT struggles to maintain its position above the support, a reassessment of our trading strategy may be in order. In that scenario, we would look towards initiating a bullish movement from a lower bullish Order Block (OB). 💎It's vital to keep a vigilant eye on this level, as a drop below it could trigger a considerable bearish trend. 💎Stay sharp and flexible, Paradisers. Your ParadiseTeam is committed to offering the latest insights and strategic guidance, ensuring you're fully prepared to handle these market movements.
Long
by MyCryptoParadise_Simon
3
DOT waite for rengAnalysis by EZ7.startegy📊 This idea represents a price chart for the crypto asset **DOTUSDT**, analyzed using the **EZ7strategy. Let's break down the key elements: 1. **White Trend Lines**: These lines depict the asset's price movements. 2. **Red Annotation**: It signifies the strategy "Sell in high channel and base bear-trend." 3. **Green and Red Shaded Areas**: These indicate potential buy and sell zones. 4. **Price Levels**: Midle target levels at 7.295 and 7.737 are highlighted. 5. **Oval Highlight**: Indicates where the trendline and candle base broke, suggesting a potential trend change or significant price movement. 6. **DOTUSDT Logo**: Visible at the bottom right corner. Using images and charts in crypto asset analysis can be valuable for professional traders. This image may provide useful insights into the price trend of DOTUSDT.
by ehsancrypto72
Long DOT to 9.60 - 23%+ Profit PotentialAnother trade I've taken today is here on DOT. Once again, my proprietary blend of custom indicators are all flashing green. Reinforcing the bullish signal is, of course, good volume support on the underside of price along with all SMAs (50,100,200). RSI is hot but not in overbought territory as, it would seem, everything else is. I can see us double-topping before any sort of pull-back. I'm in at 7.77 and targeting 9.60. My SL is at 6.86 with a RRR of 2-to-1. Potential gains here top 23% to our final target.
COINBASE:DOTUSDLong
by stewdamus
1
DOT Polkadot Price TargetIf you haven`t bough the Double Bottom on DOT: With the stock market reaching record highs, there is growing optimism that the positive momentum could spill over into the crypto market. Historically, we've seen a correlation between bullish sentiments in traditional markets and increased interest and investment in cryptocurrencies. As traditional investors seek diversification and alternative assets, the crypto market, with its potential for high returns, could benefit from this wave of enthusiasm. This alignment with the prevailing positive trends in the stock market might act as a catalyst, fostering a bullish outlook for the crypto market in the coming days. My Price Target for DOT Polkadot is the next resistance, $7.90.
Long
by TopgOptions
1
Polkadot ($DOT) Poised to Reach Local High of $9.6 Alternative coins have yet to catch up with Bitcoin's ascent, including CRYPTOCAP:DOT , which is currently oscillating between a support zone of $7.0–$7.3 and a resistance zone of $7.62 –$8.20. There's an anticipation that buyers will soon make a move to break out from this sideways range upwards. Potential targets include resistance zones at $8.46, $8.74–$9.2, and the local high of $9.6 established on December 26, 2023. With Bitcoin on an upward trajectory, significant pullbacks in Polkadot's chart are unlikely. The price might retract to the support area of $5.96–$6.57, but falling below this bracket seems improbable.
Long
by DEXWireNews
DOT/USDT Bracing for Impact at Key Supply Zone? 🚀POLKADOT💎 Paradisers, gear up for a thrilling phase with #DOTUSDT as it approaches a critical supply level, signaling possible future maneuvers. 💎 A glance at #POLKADOT shows its recent ascent from a descending channel, now nearing the crucial supply mark at $7.777. A breakthrough above this point, coupled with sustained momentum, could usher in a climb towards the higher supply region at $9.574. 💎 Should #DOT honor the $7.777 supply zone without breaking through, a bullish push from the subsequent demand level at $5.909 might be on the cards, with a fall below this threshold potentially leading to a significant downward trend.
Long
by MyCryptoParadise
3
Trade Setup: Polkadot Head and Shoulder ReversalA head and shoulder reversal pattern has formed on $DOT. If CRYPTOCAP:BTC continues to dump it will drag down altcoins with it and this pattern will activate. If that happens I expect it will bounce around the 161.8 fibonacci extension which coincides with a retest of a major falling wedge pattern that we broke out of earlier this year. I remain bullish on CRYPTOCAP:DOT in the long run and I am keeping an eye on the weekly cloud E2E trade which I expect will play out later this year. A short term dump will be a good opportunity to load up big for that.
Short
by HaydenOtto
3
DOT: plan for the next few months, Dump and big pumpDOT is overall bullish, but I am still expecting a final correction. We have a total of 4 swing highs next to each other, which is a good opportunity for whales to take all stop losses from traders. Do not get caught in the trap and follow my plan. Buy DOT lower and expect a strong bull market this year! Let me know what you think about my analysis, and please hit boost and follow for more ideas. Thank you, and I wish you successful trades! The network uses an NPoS (nominated proof-of-stake) mechanism with validators and nominators.Nominators back validators with their tokens. These staked tokens maximize chain security by making it prohibitively expensive to misbehave. Validators are staked on the Relay Chain and confirm transactions coming from the different parachains. This unique validity scheme enables chains to interact with each other securely under the same rules, yet remain independently governed.
Long
by Xanrox
4