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Polkadotusd

Great opportunity in DOTBUSD 4H - Price correction!?Technical analysis regarding the price of POLKADOT in relation of dollar Binance for the next scenarios, based on 4 hour movement. The price after this upward movement is correcting and is also accumulating very well ~ walking sideways on the chart ~ and, drawing Fibonacci projections, I get to where the price can actually finish correcting and thus proceed with its main bullish trend! I believe the price will reach the 0.618% region that coincides with support and will rise again. Exponential Moving Averages gaining distance and the price is above it! Financial volume falling (I believe in the breath that the bulls are taking and will soon boost the price again!) disclaimer *** This is not a recommendation to purchase and/or sale. It is for educational purposes only. ***
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by luizhcruz
1
DOT 12h Preparing for another upward momentum?To your attention DOTUSDT which made x4 in a month and it looks like it has no plans to stop) Unsurprisingly, this coin has collected almost the most votes in our weekly digest to analyze it . We promised - we are doing, by the way, you still have the opportunity to offer your options for analysis. Around the level of $18.80, sellers became active a little and were able to shake the DOTUSDT price by $4 down to $14.70. However, it looks like buyers are not planning to give up. At the moment, the DOTUSD price is consolidating below the level of $18.80. Such a process can be regarded as preparing buyers to drive the price higher. The targets from above were slightly corrected, now the zone is $21.50 - 24 . It is these two levels that we will be watching closely as they can become serious resistance for the DOT price. To drive the price up, buyers should not let the DOTUSDT price fall below $16.50. We will receive a strong buy signal from the chart when the DOTUSDT price can confidently fix above $18.80. DOT is pretty technical right now, if you're curious, you can check out our series of DOTUSDT ideas in the related ideas below. _______________________________ Since 2016, we have been analyzing and trading the cryptocurrency market. We transform our knowledge, trading moods and experience into ideas. Each "like under the idea" boosts the level of our happiness by 0.05%. If we help you to be calmer and richer - help us to be happier :)
by P_S_trade
20
Get ready DOTUSD! Pullback finished, Breakout time! Hello traders! As Bitcoin goes a little silent in consolidation, we can notice other cryptocurrencies booming in price. Today, I am going to talk about one of them, DOTUSD, or Polkadot coin. Polkadot has been a very interesting coin. It exploded more than 130% in value in just 3 DAYS! It also almost touched $20, becoming one of the few coins to reach that mark. After that, consolidation followed, or the silent moves of price. Well, no more consolidation! We just had a strong breakout of the triangle in the 3-hour chart with good volume and a MA 17 support. Great start for an altcoin. Will Polkadot/USD be one of the first coins to reach $100, accompanying the big stars: Bitcoin, Ethereum, Litecoin? Let's see how time plays out! Thanks for reading! Do like this post, and follow my profile for more posts like this!
KRAKEN:DOTUSD
by Trader_ph
Polkadot goes ballistic soaring 40% as technical levels improve Polkadot rises above the crypto horizon with gains almost hitting $12. DOT trading volume soars massively but coupled with overbought conditions hint at an imminent reversal. Polkadot has been teasing a breakout since the beginning of the week and after the slump in prices across the cryptocurrency market on Monday. The token embraced support at $7, which allowed a rebound within the confines of a descending parallel channel. The ultimate test came at the channel’s upper boundary where DOT swung massively upwards. The 50 Simple Moving Average on the 4-hour chart did little to stop the momentum. Polkadot swung upwards in successive bullish candlesticks, even overshadowing Bitcoin’s recovery above $37,000. Several resistance levels have shattered, including $10 and $11. Polkadot is on the way to breaking above the next hurdle at $12, a move that could see it taken on higher hurdles toward $15. The Relative Strength Index has entered the overbought region, calling for caution among the traders. An asset can continue rallying despite overbought conditions but corrections are very likely and could be drastic. For now, establishing higher support should be a priority to the bulls. Notably, Santiment shows Polkadot’s volume has risen to levels seen at the beginning of the year. A high trading volume is often unsustainable and sometimes interpreted as a bearish signal. In case of a correction, Polkadot is likely to find support at $10 (former resistance). The 50 SMA is in line to provide more anchorage if losses extend toward $9. If push comes to shove, the 100 SMA marginally under $9 and perhaps the descending channel’s upper trendline will come in handy. Polkadot intraday levels Spot rate: $11.52 Relative change: 055 Percentage: 5% Trend: Bullish Volatility: High
BINANCE:DOTUSDLong
by CoinGape
1