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Polkadotusd

Polkadot DOT. Maybe it's time to start growing, or not?)Dot's price was in the "group of leaders" that were the first to break out of the prolonged downward trend. However, "the winner music didn't last long", after a 2-month rise in the DOTUSDT price with a result of +90%, consolidation has been going on for the 3rd month. Roughly speaking, there is nowhere to fall below the price of the Polkadot token. The critical level from below is $4.83. If we model Elliot waves on the current trading situation on the DOTUSD chart, we can assume that wave (2) is close to completion. The next wave is an upward wave (3), with the most conservative targets for its growth ranging from $10-10.50 to $12.30. _____________________ Did you like our analysis? Leave a comment, like, and follow to get more
by P_S_trade
31
Polkadot [DOT] to rebound from March lowPolkadot breached the previous support zone of $5.60 - $5.87 (cyan). But the drop eased at the March low of $5.15. The March low level is also a daily bullish order block (white) formed on 10 March. Both the RSI and CMF were negative. But CMF had an uptick - evidence of capital inflows. If the March low holds, DOT could rally to $6.05, a key resistance level in January and February. More ambitious targets are $6.6 and $7. A drop below $5.1 will invalidate the idea. Entry: $5.40 (above March low) Target: $6.05 (support-cum-resistance) Stop loss: $5.096 (below March low) RR: 2
Long
by AMBCrypto_TA
POLKADOT: Classic Accumulation, Rally Phase NextBINANCE:DOTUSDT Hi Traders, Investors and Speculators of the Charts 📈📉 Ev here. Been trading crypto since 2017 and later got into stocks. I have 3 board exams on financial markets and studied economics from a top tier university for a year. In today's analysis, POLKADOT presents a great buying opportunity with a low risk and high reward setup. Currently trading in accumulation phase of the Wyckoff Method market cycle phases, you may still get another chance to buy lower BUT expect the price to continue trading in the accumulation zone ranges (within the support zone and resistance one pointed out in the green box) . The timeframe of six months is significant because most market cycles / phases start to show signs of change after 6 months of a specific trend being observed as in this case, a bearish trend was observed for about 6 months. After successfully confirming a bottom on both the chart as well as on the Technical Indicator, flashing an oversold with the built in RSI, it seems that the most logical next phase is the upwards phase, however you might need some patience as to "when" this rally will happen. _______________________ 📢Follow us here on TradingView for daily updates and trade ideas on crypto , stocks and commodities 💎Hit like & Follow 👍 We thank you for your support ! CryptoCheck
Long
by CryptoCheck-
16
Keep your eyes wide open on PolkaLong time since I posted anything but IDK i felt like i wanna do it again after couple years i guess. I became more Economically oriented since that's my field of study and that's what i am obsessed with the most. Generally speaking i don't trust any kinda of analysis anymore as i was before but i trust the psychology of market which the analysis of the charts create, non of the crypto will go up till the some certain stuff that goes in world settle down a bit but if i am gonna say one thing it's gonna be " Any one buys crypto right now he publicly announce that he is shorting - betting on - the entire world's bank system ". Till the next time, maybe after another couple years " Who knows ".
Long
by MGendyy
Polkadot (DOT) Blockchain Infrastructure and Smart ContractsPolkadot (DOT) Blockchain Infrastructure and Smart Contracts: Web3 Foundation and Parity Technologies ➡️ Web3 Foundation web3.foundation , based in Switzerland, is an organization dedicated to promoting Web3 technologies, with Polkadot as its flagship product. Its founder, Gavin Wood, was one of the co-founders of Ethereum and played an important role in developing the leading altcoin, including the widely known Solidity programming language. ➖ In the last four years, Web3 Foundation has granted a total of 480 grants to various projects ( medium.com ). The numbers include 60 grants in 2019, 147 in 2020, 123 in 2021, and 150 in 2022. ➖ Parity Technologies ( www.parity.io ), founded by Gavin Wood, is the company behind Polkadot blockchain. Wood served as CEO of Parity for many years and currently serves as the company's Chief Architect. ➖ Since the launch of parachains in late 2021, Polkadot has become a large and diverse ecosystem with 74 parachains currently active on the network ( polkadot.network ). In total, there are about 550 projects running or in development on Polkadot's technological stack. ➖ Over 200 teams have launched or are creating their own blockchains on the Polkadot network, recognizing that this model better suits their needs. 🎉 Exciting news arrived in November 2022 when Web3 Foundation announced after three years of collaboration with SEC that Polkadot's native token, DOT, has transformed and is no longer considered a security. Web3 Foundation's Polkadot Reaches New Milestones in 2022: Record Development and Tokenomics Explained 💥🚀 In 2022, the Web3 Foundation grant program reached two important milestones: receiving its 1000th grant application and supporting its 400th project. It's no surprise that Polkadot's development reached record levels in 2022. DOT is the native token of the Polkadot network. ➖ Polkadot has no maximum coin limit (inflationary model), and rewards are distributed through the protocol's staking mechanism. ➖ Currently, there are 1.16 billion DOT tokens in circulation. It is expected that the supply of DOT tokens will reach 1.5 billion by January 2025 ➖ Check out the detailed tokenomics ( www.coingecko.com ) and Polkadot's roadmap ( polkadot.network ). Priorities include scalability, inter-parachain communication, Relay Chain management, staking, and bridges to other ecosystems. 💥 In 2022, the project truly showed good development dynamics. However, it's important to keep in mind that Polkadot is still a very young ecosystem (the average parachain has been on the network for only about 6 months). This year, the project team will need to put in a lot of effort to keep up with the race of leading blockchains.🚀
Long
by UnknownUnicorn285026
DOT - false breakdown?Hello, everyone! Now it's time to make an update on BINANCE:DOTUSDT . We can see the upward trend channed which market maker used for the manipulations. There are 2 fake outs: one to the down and one to the upside. Now the price broke the support line again. I suppose if the price will be able to re-enter the channel we can see the scenario on the chart. But now it's bearish and we need a confirmation that the price have an intention to re-enter inside the channel. Best regards, Ivan
by Skyrexio
7
Polkadot: On the Dot ⌚️Polkadot has already made further progress in our primary scenario and should continue the downwards movement. We expect our crypto-friend to arrive in the magenta-colored zone between $6.49 and $6.06 on the dot to finish wave a in green. Then, the altcoin should apply itself to the countermovement of wave b in green, which should lead out of the magenta-colored zone but stop before the resistance at $7.89. Afterwards, Polkadot should take another southwards step by completing wave c in green as well as wave ii in orange. Alternatively, there is a 40% chance that Polkadot could climb above the resistance at $7.89, thus shifting the recent high upwards by developing wave alt.i in orange.
BINANCE:DOTUSD
by MarketIntel
1
DOT continuing to show StrengthDOT, one of my favorite coins abd Long Term Hold, has pushed up 71% since January, in the high % of Coins going over the Bitcoin 41% Appears to be getting support off MA and in fact, Support is Strong on such a good and Long lasting project. Though we may see things cooling off as we just got rejected off Top trendline. But sepending on how Bullih the market becomes, With Old School traders coming into the Crypto space now, Adoption is escalating fast, thohg some of the older School people still don't like the "New Kid on the block"... But change is a part of life. Get Used to it....
by Orriginal
DOT - more gains ahead!Hello, traders! As you know I expect Bitcoin a little bit higher. Anyway it should break through the $25200 resistance. At the same time DOTUSDT can show us the fantastic pump in the upcoming days. On the 1D chart BINANCE:DOTUSDT chart we can notice that the trendline resistance was broken without retest. Moreover price formed the range and made a deviation below. Therefore, there is the high probability that PolkaDot will make the same deviation above. It would be logically also because of the ton of liquidity on this way. After that it is going to be difficult to pump, thus I expect the retest of the trendline and the bottom for this asset next to $3 . Best regards, Ivan ________________________________________________________________________________________________ If you like my trade ideas, please smash the boost button to stimulate me make more quality analytics!
Long
by Skyrexio
12
Polkadot DOT price growth is still aheadIt is very likely that the DOTUSDT price is currently in the process of forming a global reversal trend pattern - "Inverted Head and Shoulders" Of course, the final confirmation of the pattern's formation will come after the DOT price is firmly established above $10, and buyers will need to make a lot of effort to achieve this. Looking at the chart, we can say that the rebound of the DOTUSD price from the bottom can be called quite weak compared to other altcoins. Buyers of Polkadot token have not broken "shorts stops" yet, which are most likely hiding above levels $7.20 and $8.20, which are the first targets for growth. Once this target will reach - when the shorts' stops are broken - a price correction may begin. The medium-term target for DOT price is growth to $10+. Long-term target - growth in the range of $19-23.5 _____________________ Did you like our analysis? Leave a comment, like, and follow to get more
by P_S_trade
53
💥☃️🌲Polkadot Analyze (Road Map)!!!🗺️💥☃️🌲(+200%😱)❗️❓Today, I showed you the Polkadot road map🗺️. Polkadot is running near the heavy support zone. I expect Polkadot will go down a little more and then start to rise to a heavy resistance zone( about +200%)😱. 🔆Suggestion: If you want to add DOT to your portfolio, you can wait to break the downtrend line and SMA 100(Daily TF). Polkadot Analyze ( DOTUSDT ) Timeframe Weekly⏰ (Log Scale). Do not forget to put Stop loss for your positions (For every position you want to open). Please follow your strategy, this is just my idea, and I will be glad to see your ideas in this post. Please do not forget the ✅' like '✅ button 🙏😊 & Share it with your friends; thanks, and Trade safe.
by pejman_zwin
Polkadot Black Friday- Everything is in graph. - Weekly predominant bullish divergence on RSI. ---------------------------------------------------------------------- - i won't speak "Price to Buy", but WHEN to buy : ---------------------------------------------------------------------- - Buy a Dip and wait for the end of this triangle. or - Buy a Breakout from the same triangle. ---------------------------------------------------------------------- - Black Friday is Real. Happy Tr4Ding !
KRAKEN:DOTUSD
by thecryer
21
DOT – bear market bottom soon!Hello, everyone! Today we are going to consider the altcoin which has already broken all possible support levels – it’s Polkadot. Let’s take a look at the 1D time frame of the DOTUSDT chart of the WhiteBit exchange. First of all we have to notice that the price is forming the final wave 5 which is represented as the ending diagonal. I made this conclusion because we have the support and resistance trendlines which form the “falling wedge”. The internal structure of the wave 5 is going to be the entire Elliott wave cycle the sub waves 1 and 2 have been already finished. Now we are in wave 3. It has the natural target 1.61 Fibonacci extension, approximately at $3.5. I am going to buy this asset there with the full position volume, considering it as the bear market bottom. Best regards, Ivan
by Skyrexio
5
Polkadot DOT price has nowhere to fall below. It's time for longIt's been a while since we did a DOTUSDT idea, then it's time to refresh our thoughts. As you can see from the chart, the DOT price is clearly moving from one liquidity level to another, we have marked them nicely on the chart. So, we assume that the price of the Polkadot token will consolidate a little more, buyers will gain strength and break up from the falling channel. Therefore, we make an assumption for ourselves about the possible movement of the DOTUSD price Long to $6.60 - correction - long to $7.90 - correction - long to $9.50-10 _____________________ Did you like our analysis? Leave a comment, like, and follow to get more
Long
by P_S_trade
29
Polkadot - Bullish medium-term scenario - Potential 50% gainsPolkadot forming a long-TF ascending triangle on Daily 2nd bottom & re-test of the ascending triangle seams to be confirmed by: - RSI bottomed and about to breakout (same levels as mid-july 2021 selloff) - Current overall market reaction - 23.6 Fib level acting once again as nice support - MA 100 & 200 seem to re-create a similar pattern as during mid-july 2021 selloff Potential 50% gains until EO Feb 2022. Entry at 19-20$ Stop loss at 17.90$ --> Target 28-31$ Happy Trading!
KRAKEN:DOTUSDLong
by samideluxe
1