PolkaDot (DOT) has rallied on the 1D time frame and we can see a choch break above a previous balance area high. Price is currently testing a key resistance level. We are considering a buy opportunity if price retraces into the 50-61.8% Fibonacci zone. This analysis is solely for educational purposes and should not be considered financial advice.
POLKADOT (DOT) has faced recent downward pressure; nevertheless, it is presently trading within a pivotal support zone, as evident from the chart. In the event that the Dollar Index (DXY) gains from its current retrace, DOT/USDT may pursue additional downside targets, given the typical inverse correlation between DXY and DOTUSDT. It is imperative to underscore...
Welcome to our DOT/USDT Technical Analysis and Trade Idea. In this video, we will delve into the charts, focusing on the prevailing bearish sentiment found in the weekly (1W) and daily (1D) timeframes. Notably, our charts signal that Polkadot is currently on the verge of a resistance level, a pivotal turning point for this crypto asset. Throughout this discussion,...
Polkadot (DOTUSD) just broke above the Falling Wedge pattern that was in effect since early 2021. This 2-year pattern has been basically dictating the pace of the current Bear Cycle but as you see on this 1W chart, it eventually ran out of room, was trading tightly within its top (Lower Highs trend-line) and bottom (Lower Lows trend-line) in the past 2 months and...
Polkadot (DOTUSD) has been trading within a Channel Down pattern since the November 08 2021 High. Our previous DOT analysis was on July 16, which hit its target with the help of that pattern: In early November the price broke above it marginally but as it failed to cross the 1D MA200 (orange trend-line), the 1D RSI formed a top (red circle) and caused the...
Polkadot (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...
Polkadot (DOTUSD) is currently testing both the 1D MA50 (blue trend-line) and the 1D MA100 (green trend-line) as Resistance levels. Even a modest push upwards will be enough to cause a Bullish Cross formation between the two trend-lines. Last time we saw this pattern was on August 30 2021, which was half-way through the last major rally that formed the All Time...
In Open In 3 Step And Hold 3 Month: $ 23.70 $ 17 $ 11 Get Target and Save In 4 Step: $ 32 $ 38 $ 54 $ 80 We can expect Polkadat to reach this price ceiling. Check out Polkadat (DOT) for in-network data: Social Valium Index, which is the measure of social activity of this project, which has been examined in a period of 6 months From the time the price rose, the...
Polkadot has a nice healthy bullish trendline which is holding. When we break this resistance, we can go to $27. Just watch EMAs and volume.
-Do you remember last dip (May-July) ? i posted analysis and found the perfect bottom at 10$. ( i will post it in comments ) - So this time imho it's not the same because alts are almost bottomed already. - This graph is a bit messy but you can see clearly demands zones. - The difficulty is not to find where we go but when we...
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...
Polkadot had a brutal rejection yesterday just below the 1D MA50 (blue trend-line). Being on a corrective wave since the November (All Time) High, the price needs to reclaim that trend-line as failure to so has brought in the past a Lower Low. The obvious comparison is May-June-July 2021. On June 03 the price failed to break above the 1D MA50 and that resulted in...
With the recent crossing of the support line at $25.32, Polkadot is making a clear statement that it takes the correction seriously! After hitting the area between $10.81 and $5.71, the course should then rise again and surge past the $50 mark. Got all your presents already?
DOT USD chart does not look good for POLKADOT. But the RSI shows it is oversold and we are also hiding pretty strong support. I expect the price to go higher at least to $32. YOU should not go all in until we break up the bearish TL.
Now, Polkadot has successfully left its past low behind and is set for a moderate rise in the area between $43.80 - $52.76. However, the price should then start another correction and move to the bottom end of the green zone. Finishing this movement, there is plenty of room on the upside, where the price should push through the resistance at $55.3767. Let's Go!
Technical Analysis Summary (POLKADOT) DOT/USDT TREND ANALYSIS We have 3 downtrend which is currently active in red The wider the stronger the downtrend FUTURE PREDICTIONS We have many resistanse and support levels that I have mentioned above. I use thickness as an indicator of stregth of levels (ONLY FOR VISUALS). Yellow support level are levels from the past...
Polkadot has been one of the hottest high cap cryptos since September's correction. The application of the Fibonacci Channel shows even more effectively how well it has been repeating the early 2021 rally. As seen on this 1D chart, DOT rallied with the support of the 1D MA50 (blue trend-line) in Q1 2021. On the current sequence, the 1D MA50 has been supporting...
Polkadot Update 19/10/21: Bullish Bias still holds! Please See Previous analysis below. Buy Signal from Script triggered on the 1st August: Fast EMA Crossover Slow SMA. Confirmed reversal, Polkadot Buy Signal from Script triggered: EMA Crossover SMA just below the 23.60% fibonacci level, 43% gain from here to retest the 200 MA. Use buy zone to map your buys....