#Polkadot Timeframe: D
Forced to drop another fundamental altcoin. We may see an upward correction, but definitely without breaking the global or even local highs.
CRYPTOCAP:DOT
DOTUSD.P trade ideas
Polkadot: Now It’s Crunch TimePolkadot has been unable to resist the widespread downturn in the altcoin sector, giving up much of its recent gains after a solid performance in recent days. Our grayed-out Target Zone for the low of the green wave is coming back into focus – though under our primary scenario, DOT shouldn’t fall much lower in the short term. If the coin drops below the $3.80 support, however, a new bear market low in our orange Target Zone between $2.40 and $1.07 will be on the horizon. In this 39% probable alternative scenario, the coin would erase all gains since the low in October 2023, implying a new bottom for the magenta wave alt. . In our primary scenario, we expect renewed buying pressure soon, which should allow the green wave to surpass the resistance at $5.38.
DOTUSDTRange Breakout: The pair has been trading within a range, and the breakout from this range signals potential bullish momentum. A breakout indicates that the price is ready to move out of its consolidation phase, with buyers now in control.
Trendline Breakout: The price breaking above a key trendline further confirms a shift from a bearish or neutral market sentiment to a more bullish one. This is a strong signal that upward momentum is building.
Polkadot Weekly AnalysisA weekly close above this level should result in some more upside. Looks like accumulation and seems to be repeating from the past (looking left to 2023 start)
Great opportunity Polkadot resting on top of an algorithm support.
Expecting bulls to defend this level.
Opportunity given the right conditions.
NFA
POLKADOT Stock Chart Fibonacci Analysis 021925Trading Idea
1) Find a FIBO slingshot
2) Check FIBO 61.80% level
3) Entry Point > 5.1/61.80%
Chart time frame: B
A) 15 min(1W-3M)
B) 1 hr(3M-6M)
C) 4 hr(6M-1year)
D) 1 day(1-3years)
Stock progress: B
A) Keep rising over 61.80% resistance
B) 61.80% resistance
C) 61.80% support
D) Hit the bottom
E) Hit the top
Stocks rise as they rise from support and fall from resistance. Our goal is to find a low support point and enter. It can be referred to as buying at the pullback point. The pullback point can be found with a Fibonacci extension of 61.80%. This is a step to find entry level. 1) Find a triangle (Fibonacci Speed Fan Line) that connects the high (resistance) and low (support) points of the stock in progress, where it is continuously expressed as a Slingshot, 2) and create a Fibonacci extension level for the first rising wave from the start point of slingshot pattern.
When the current price goes over 61.80% level , that can be a good entry point, especially if the SMA 100 and 200 curves are gathered together at 61.80%, it is a very good entry point.
As a great help, tradingview provides these Fibonacci speed fan lines and extension levels with ease. So if you use the Fibonacci fan line, the extension level, and the SMA 100/200 curve well, you can find an entry point for the stock market. At least you have to enter at this low point to avoid trading failure, and if you are skilled at entering this low point, with fibonacci6180 technique, your reading skill to chart will be greatly improved.
If you want to do day trading, please set the time frame to 5 minutes or 15 minutes, and you will see many of the low point of rising stocks.
If want to prefer long term range trading, you can set the time frame to 1 hr or 1 day.
Do Polkadot bulls have enough power to break the downside line?MARKETSCOM:DOTUSD Polkadot is flirting with its short-term downside resistance line drawn from the high of 6th of January. In order to shift our attention to some higher areas, a break of that trendline is required. But even then we will not get too comfortable with higher areas, as the rate might find resistance near our EMAs. Let's dig in!
CRYPTO:DOTUSD
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Solana’s massive slide: Smart money waiting for this level?Solana has taken a 43% hit from its peak, and while it might look tempting to buy, is it really the right time? In this breakdown, I compare Solana’s performance to Bitcoin’s decline and use multipliers to estimate where SOL might be headed next. With Bitcoin hovering near key support, another drop could trigger a bigger move lower for Solana—possibly down to $134 or even $120.
💡 Are you buying the dip, or do you think there’s more downside ahead? Let me know in the comments!
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full retracement - 4X from here ?expect a major upside after this retracement, great volume and consolidation on the monthly and weekly
DOT/USD | Breakout or Rejection at Key Resistance?DOT/USDT has been showing some interesting price action, with key liquidity grabs, imbalance zones, and volume profile levels in play. The market structure suggests that if price can break through the current resistance, we may see a push toward the Point of Control (POC).
Key Technical Insights:
Liquidity Grab on Feb 3 – The large wick on this date swept liquidity from the market, triggering buy orders and filling the previous gap. This type of price action often sets the stage for a reversal or a continuation move.
Significant Imbalance Above – Price has left inefficiencies (marked by black lines), which the market tends to revisit before finding equilibrium. If momentum continues, these zones could act as magnets for price.
Strong Resistance Level – The current price region has acted as a major resistance. A rejection here could lead to a pullback, but a clean break would shift momentum toward higher targets.
POC Target Using Fixed Range Volume Profile – The Point of Control (POC), represented by the red line, is a high-volume area where price has spent significant time. If price breaks resistance, the market is likely to gravitate toward this key level.
What I’m Watching Next:
A break above resistance could lead to a strong bullish move toward the POC.
A rejection at resistance may result in another liquidity grab before price attempts higher levels.
If price fills the imbalance zones, it could provide a better confirmation for continuation.
What’s Your Outlook?
Will DOT/USDT push higher and reach the POC, or will resistance hold strong? Share your thoughts in the comments!
DOTUSD - Cup and handle filled with green candles tea ?Very simple trade idea ?
my average is around 4.5 and will leave next month probably
for now at very good support (0.236 fib + previous high)
can go more down to test that black trendline for example but at the end the target is 6.5 in a few days/weeks
stop loss depends if btc goes under 95.8
cheers
Polkadot: Back on the Rise?Following the recent sharp pullback, Polkadot has established an important low just above the support at $3.56, completing the orange wave ii. In the medium term, the subsequent orange impulse wave iii should drive the price significantly higher, breaking past the resistance at $11.88. However, if DOT falls below $3.56, our 39% likely alternative scenario will come into play, and the magenta wave alt. will reach a new major correction low. For this case, we have outlined our orange alternative Target Zone between $2.40 and $1.07.
More downside expected before higher prices on DOTCurrently I'm holding 672 DOT coins long term with average price of 6.9$. I plan to add more at 3.6$. Why?
Dot like majority of cryptos has been dumped on last sunday and we saw a big pumps up on monday, but potential for more downfalls are expected in my opinion. Also this is how markets move. Primary push up will often be taken out to liquidise long positions and only then markets will go up higher.
If support at 3.6$ will be taken out expect even lower prices and in this case it can take a long time for prices to go up.
For targets look at previous highs first at 6.5$ then at 12$ and potentialy higher up to 15$.
DOT A CHANCE TO 100% GAINSee the demand zone we are in now! If we can see a turn around from here, we can easily do a 100% Before end of 2025!
DOT/USD Downtrend Continues – Will Support Hold ?
Currently, the price is in a correction phase, declining from its peak.
The price is near the lower Bollinger Band, indicating oversold conditions.
The bands are contracting, suggesting lower volatility.
If $5.50 support breaks, price could decline towards $5.00 or lower.
A test of $3.60 could occur if the bearish trend continues.
Shorting DOT hereShorting the weakest names in the face of general softness in the crypto market (if majors surprise with strength, it will take longer for weak names to hunt stops)
DOTUSDTRange Breakout: The pair has been trading within a range, and the breakout from this range signals potential bullish momentum. A breakout indicates that the price is ready to move out of its consolidation phase, with buyers now in control.
RSI Bullish Divergence: The Relative Strength Index (RSI) indicates a bullish divergence, meaning while the price was making lower lows within the range or downtrend, the RSI was making higher lows. This suggests that selling momentum is weakening, and buyers are starting to gain strength.
Polkadot will hit a new ATH soon (2D)Before anything, pay attention to the analysis timeframe: it’s a 2-day timeframe and requires patience.
From the point where we placed the red arrow on the chart, it seems Polkadot's correction has begun.
This correction appears to be a triangle. We are currently in the middle of wave D.
Polkadot, by feeding on the demand orders marked on the chart, can move toward the red box to complete wave D.
After completing waves D and E, it can move toward the historical peak and create a new ATH.
The closure of a daily candle below the invalidation level will invalidate this analysis.
For risk management, please don't forget stop loss and capital management
Comment if you have any questions
Thank You
Time capitulationCan you please be a gud coin and go up? Polkadot seems ready for something, sellers exhausted, holders exhausted - time to go up pretty master of all chains.
Polkadot Accumulation ZoneThe concept of an "accumulation zone" in cryptocurrency, like with Polkadot (DOT), refers to a price range where a significant amount of buying is occurring, often by long-term investors or "whales" who believe the asset is undervalued or poised for an upward price movement. Here's how it relates to Polkadot based on available information:
Seems CRYPTOCAP:DOT is holding up in the accumulation zone with a bullish RSI getting ready for a move in the coming week. The Green Zon is the RSI Low using an RSI 7-period respecting the low zone Accumulation might be occurring here. Most Crypto assets have similar zones happening. Just looking at the bar patterns it's hard to see but with the RSI indicator, it looks positive to me.
DOTUSD - at Key zone - Could it reach 7.100?COINBASE:DOTUSD is in a robust support zone, with previous strong buyer interest. The recent bearish pressure has brought the price into this tageted zone, creating a potential buying opportunity for me.
With the confirmation in place, I anticipate a move toward 7.100. However, a breach of this support could invalidate the bullish move and lead to further declines.
Traders should carefully assess price action at this level and ensure proper risk management before taking positions.
