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Polkadotusdt

DOT - The Journey Of Two Paths...The much beloved Polkadot (DOT) is at a point of inflection in its journey. It has reached a point where it could have either a strong bullish or bearish run. In this trade idea, I will discuss each possibility and you can see which trade idea you would like to initiate. TO BUY DOT? How did we get to this point? When looking at DOT on the 1 Day chart, the price has fallen to a very longer-term level of resistance; dating back to 2020. This level of resistance is probably due to the large amounts of DOT that is staked and provides a strong level of support. If your Bitcoin thesis is that BTC has reached its lows and will start to consistently rebound, then this presents a good DOT buying opportunity LONG: Enter at Current Market Price Stop-Loss: $14 Take Profits: $22.50, $27,60, $30.80, $38.00 TO SHORT DOT? DOT and many other alt-coins could have a bloody several weeks or even months if Bitcoin is not able to maintain its current price levels and BTC starts crashing down to the $20k range. With this, you could short DOT as there is no resistance from the current price levels down to the $7 range. Although many people have DOT staked for long periods of time, there reaches a point where the price gets too low for them and they start unstaking and selling. SHORT: Enter at Current Market Price Stop-Loss: $20 Take Profits: $10.30, $8.25, $4.20 Let me know your comments & opinions below. Cheers!
by TheUnbounded
polkadot is ready for Wave G NOTE : Personally, I have been a staunch opponent of digital currencies for a year now, but as I said before, I have recently seen good endurance and demand in this bloody market, and now I hope to climb. I think that the banks and financial institutions of the world, with the decline of all markets and its uncertain future in the war, have a good excuse to have a good profit in this market from the people. Governments are also supporting the burning of money and the reduction of inflation
Long
by ManS-Investing
DOT support levelsDot has seen a 55% drop from ATH despite the parachain auction events. We are sitting on top of a strong support zone for now and in case it fails, we have the ultimate support zone which is really hard to fail for this cycle ( yes I'm assuming the BTC cycle is not over yet otherwise there is no point in trading alts anyway :) Momentum is oversold, the only thing missing is a reversal candle print. On the way back top, $39 will be a crucial level for S/R flip so TP and check for continuation / rejection if we ever get there. Trade Safe!
Long
by crypto_chebz
Polkadot Analyze (Road Map)!!!🗺️Polkadot is one of my favorite blockchains. first, I have to say sorry for the busy chart but I tried to analyze it completely for you 🙏. Polkadot Analyze ( DOTUSDT ) Timeframe Daily ⏰ (Log Scale) Location 🌊: Polkadot has passed its 5 impulsive waves and now it is running on the corrective structure . if I want to say exactly about the location of Polkadot, it is moving in microwave C of Main wave A . The structure of microwave C of Main wave A can be Ending Expanding Diagonal . 🔅 Classic Patterns of Technical Analysis : If I want to analyze Polkadot with Classic Patterns of Technical Analysis, you can see the Head and Shoulder Pattern that Polkadot was able to break its Necking Line and now it is pulling back to Necking Line. Where is the End of Main wave A ❗️❓ 🎯 Target 1 🎯: 13.2$ unti 12.8$ 🎯 Target 2 🎯: 11.2$ unti 10.2$ 🔴 Resistance Zones 🔴 & 🟢 Support Zones 🟢 that we have in front of Polkadot . 🔴 Resistance zones on Polkadot's way : 🔴 Resistance zone : 54$ until 49$ (Resistance + Cluster of Fibs) 🔴 Heavy Resistance zone : 42.2$ until 37.8$ (Resistance + Cluster of Fibs) 🔴 Resistance zone : 29.6$ until 28.3$ (Resistance + Cluster of Fibs +Yearly Pivot Point) 🔴 Heavy Resistance zone : 24.6$ until 23.2$ (Resistance + Cluster of Fibs + Necking Line + SMA50+ Resistance Line) 🟢 Support zones on Polkadot's way : 🟢 Support zone :17.3$ until 15.6$ (Support + Cluster of Fibs) 🟢 Support zone : 13.2$ unti 12.8$ (Support + Cluster of Fibs +🎯Target 1🎯) 🟢 Support zone : 11.2$ until 10.2$ (Support + Cluster of Fibs + Head and Shoulder's Target +🎯Target 2🎯) 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
9
What if $DOT has just completed the very first wave in its cycleI really like Polkadot and its solid way of building the ecosystem step by step. In the previous post, I did assume $DOT would move the Elliot Ending Diagonal with the BTC's downtrend. But in this post, I make a new idea in long term for this token in case BTC has finished the downtrend and will keep the bull run this year. I realize the big channel between the peaks and dips, $DOT could be seemed to just complete the running flat correction in the first wave in its cycle. If this idea comes true, how big the next wave will be large? But at least in short term, I will hold and stick to the Fib Retracement levels. If you agree with this idea, please give me a like and share it. Thank you NFA
by binhdangme
Polkadot don't give up-Do you remember last dip (May-July) ? i posted analysis and found the perfect bottom at 10$. ( 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 go. ------------------------------------------------------------------ Trading Plan ------------------------------------------------------------------ Buy : 24$-25$ ish Rebuy : 20$ ish ------------------------------------------------------------------ Tp are unchanged from my last analysis TP1 : 75$ ish (161.8%) TP2 : 100$ ish (216.8%) ------------------------------------------------------------------ Believe in Polkadot because to be a part of Parachain, Projects have to buy more DOT, Polkadot is poised to go up with time. if you didn't take the train in July. You get another opportunity right now. As always follow TheKing movements for safety! Happy Tr4Ding !
KRAKEN:DOTUSDLong
by thecryer
14
POLKADOT(DOTUSDT) SHORT TO $8-$9 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 presently at 78.6% FIB retracement, so the next best points are 88.6% and 94.1% and they are derived by the following formulae: 88.6% price level is derived by squaring (or multiplying by itself) from the Golden Ratio, 0.618: 0.618 x 0.618 = 0.786 (78.6%) 0.786 x 0.786 = 0.886 (88.6%) 0.886 x 0.886 = 0.941 (94.1%) 88.6% retracement price is $9.3 94.1% retracement price is $6.7 I believe POLKADOT(DOTUSDT) will still be shorted and may find the reversal between 88.6% and 94.1% zone because that's also a junction point where retracement of the whole five-wave series and the extension of the A-B-C meet Please like and comment for feedback
Short
by JAN360
2
DOTUSDTHello Crypto Lovers, Mars Signals team wishes you high profits. We are in the daily time frame. The price shows signs of being supported by the S1 line. If this happens, then the first target would be the R1 line and then the R2 line. It is also possible for the price to be rejected from the R1 line and fall back down to the S1 line. If S1 is also lost, then the price would fall further. Warning: This is just a suggestion and we do not guarantee profits. We advise you to analyze the chart before opening any positions. Wish you luck
by MarsSignals
6
Still a long way downBe wary of anyone suggesting there will be any type of significant reversal in the short term. DOT has a lot of way down, before a significant shift back up. The daily RSI still shows plenty of room to sell and if we mark the weekly averages (pre crypto boom) it would suggest a price between $7 to $8 per coin on DOT. Without any significant changes, this project will need to continue its downward trend until it humbles itself with where it organically should have grown. It's time to understand the market is beginning to become wise to having been overvalued.
by HoldenTC
3