Polkadotusdt
DOT usdt - broke downtrendPolkadot has broken this weeks downtrend.
We see a return into the resistance zone.
Prices challenging 1h resistance.
Good EMA and good trade volumes.
DOT usdt - Polkadot pushing the $33 resistanceActually $32.90 but good strong moves from Dot.
If it can break the resistance it'll return to its normal higher 30's levels.
DOT usdt - Staking sell offsSharp decline for Polkadot this week so far.
Lots of selling volumes.
Could this be from people who staked their DOT at the beginning of the year?
All trends point downwards until the sales cool off.
DOT/USDTBullish Piercing Line Reversal
This is a two-period candle pattern occurring after a downward trend. The first candle shows a steady downward trend. The second candle opens below the closing price of the first candle and closes between the middle and the top of the first candle’s body. This pattern indicates the reversal of the trend and it is highly reliable.
Polkadot (DOTUSDT) LongDOTUSDT consolidating near entry. A strong close above $37.3 will start the pump.
DISCLAIMER: I am NOT a financial advisor and this post is NOT financial/investment/trading advice. I am simply sharing what I am doing, and I will not be responsible for any actions you take based on the analysis and comments that I provide. The cryptocurrency market is extremely volatile, and you WILL lose all your money if you are inexperienced! DO NOT risk any money that you cannot afford to lose and always be cautious and manage your risk!
What are your thoughts? Please leave your ideas and analysis in the comments below! Do give the post a like and a follow.
DOT usdt - Great Gains with PolkadotImpressive growth over the past few days.
The current $38 resistance on the 1 hour chart has proven itself tough to breach in the past.
Strong upwards EMA.
Good trade volumes.
POLKADOT - ascending triangleWatch out for break out! As we can see DOT is making the higher lows. The more higher lows the worse for the bears.
DOT/USDT Chart 18/03Over the past month it seems like DOT has been into a symmetrical triangle pattern, with decreasing volumes.
If it were to break out with an upward momentum we could see it retest the 41.7 area where it was rejected on February 20th.
If, on the other hand, it were to break down and enter a downtrend, it could trace back around the 29.6 area and test the previous support.
What do you think about DOT behaviour?
DOT - 6h. If buyers keep $32-33 we will see $50For almost a month, the DOT market has been in the correction phase. After setting a new historical high of $41.92, buyers took the initiative to sellers. In our global idea, we expected the beginning of the correction of this coin with the ultimate goal of $ 17:
The correction has started, but not in the format we expected. All that the sellers were able to achieve during the previous month was a slight correction in the form of a consolidation triangle.
If we analyze the situation in the DOT market in more detail, we see that on February 22-23, sellers quite aggressively checked the strength of buyers. The raging volatility ended on February 28. In the period from February 22 to 28, market participants were looking for a compromise liquidity range, in which a local shopping area is currently formed. This is the range of $32-33 .
As you can see in the graph, this range has twice confirmed its strength:
While the range of $32-33 is under buyer control , we will expect a test of the all-time high with a likely continuation of the DOTUSDT price increase to $50.
If we look at this timeframe, we see that the DOT price has gone beyond the global trend line that buyers have held since December 2020:
However, the breakdown of this trend line did not cause panic among investors. A small misconception says that there is still a large number of buyers in the DOTUSD market who expect good prices.
Another positive signal for the DOT market is the DOTBTC pair chart:
As you can see, now the DOTBTC price is testing the previous high. The test takes place at low volumes. This fact proves that at the moment in the DOT market correction and not a pulse wave of decline.
At the moment, the DOT price is in the middle between liquid zones. Therefore it is necessary to wait or the test of $32-33 or breakdown of a historical high and its retest. Good luck with your trade!
________________________
We create both short-term ideas (for a local understanding of the market situation) and medium-term forecasts of price movements.
Subscribe to us and get daily concise analytics!
DOT usdt - about to go on to the 4h resistanceCandles holding above the rising EMA.
Good trading volumes at these lower Polkadot prices.
Expect to see a climb to the 4h resistance mark soon, breaking the 1h resistance level.
#DOT/USDT Low risk investmentfasten your seatbelts cause Polkadot gonna blow up soon.Perfect zone to buy.Great reaction to the trendline.Indicators showing the end of correction.Targets wil be touched soon.
TP1: 50$
TP2: 90$
DOT usdt - Will we see a $40 Polkadot this coming week? Will we see a $40 Polkadot this coming week?
Strong EMA, candles holding position above trend.
Slight bit of sideways to downward movement on the 1h.
Polkadot - Quick Trading setup LONGHere's a quick look at Polkadot (DOT) 4 hr chart. The price action has been forming a some kind of rounded bottom pattern the past few days/weeks. Now price looks to take off. Note: Watch the RSI - Not much space left before its oversold.
The idea is: Buy the breakout from the level shown in the chart. take profits at the level shown in the chart.
Target:
1. 42$
2. 49$
Follow me for daily trading setups - Telegram group coming soon...
BTC dictates the market. If BTC falls, then Alts will fall as well. Trade safe!
DOT usdt - double top resistance touchOn the 1 hour chart we see a double top resistance touch.
Rising EMA, rising trend line.
Expect Polkadot to rise more.
POLKADOT (DOTUSDT/DOTBTC) Potential Long Entry 2021/03/11Long Trade Setup #1: Retest and Continuation (200MAs)
1. Price Action: Price needs to move back down to the 200MAs, currently projected to be @ $35.5-36.5 by the time price reaches it, and bounce back up.
2. Trade Entry Confirmations: Bullish candlestick pattern, above average volume, MACD bottoming
DISCLAIMER: I am NOT a financial advisor and this post is NOT financial/investment/trading advice. I am simply sharing what I am doing, and I will not be responsible for any actions you take based on the analysis and comments that I provide. The cryptocurrency market is extremely volatile, and you WILL lose all your money if you are inexperienced! DO NOT risk any money that you cannot afford to lose and always be cautious and manage your risk!
What are your thoughts? Please leave your ideas and analysis in the comments below! Do give the post a like and a follow.
DOT usdt - pushing the 1 day resistancePolkadot is on a really good trajectory.
Riding above the upward trendline and most importantly the upward EMA.
It has just tested the 1 day resistance only to be rejected and form a pullback.
As with all dot pullbacks it only builds presure to rise again.
Expect to see a $40 DOT soon.
[35%] DOT / USDT (LONG)Analysis :
- Hidden bullish divergence (MACD)
- RSI EMA : buy signal
- Breakout triangle
- Wait confirmation MACD
MC :
What Is Polkadot (DOT)?
Polkadot is an open-source sharding multichain protocol that facilitates the cross-chain transfer of any data or asset types, not just tokens, thereby making a wide range of blockchains interoperable with each other.
This interoperability seeks to establish a fully decentralized and private web, controlled by its users, and simplify the creation of new applications, institutions and services.
The Polkadot protocol connects public and private chains, permissionless networks, oracles and future technologies, allowing these independent blockchains to trustlessly share information and transactions through the Polkadot relay chain (explained further down).
Polkadot’s native DOT token serves three clear purposes: providing network governance and operations, and creating parachains (parallel chains) by bonding.
Polkadot has four core components:
Relay Chain: Polkadot’s “heart,” helping to create consensus, interoperability and shared security across the network of different chains;
Parachains: independent chains that can have their own tokens and be optimized for specific use cases;
Parathread: similar to parachains but with flexible connectivity based on an economical pay-as-you-go model;
Bridges: allows parachains and parathreads to connect and communicate with external blockchains like Ethereum.
DOT/USDT 1. That yellow line corresponds to the possibility that the bitcoin correction is over and we're going for a new ATH
2. If btc changed his mind and continued the correction, we would have 3 more waves in wave C waiting for us at DOT.
For me, I like the second option more because DOT is an interesting project and so there would be better prices for the purchase. We would also thicken these zones more, which could act as stronger supports in the future. We still have enough days left in the month, we will see how the market decides, in any case the second option would be more advantageous in the long run :chart_with_upwards_trend:
dot set to flysymmetrical triangle formation in DOT... check it out how it plays out... if broken we may see a target as high as 52$
