BreakoutFinally we exceeded the 3 times tested top since Nov. 17th. I consider the corrective phase as finished. A further rise is likely now as the rising trend is still valid.
DOTUSD trade ideas
To ExtendetPolkadot has been rising very fast. The uptrend has been confirmed and is valid. But I expect a correction of this week's rise at least. Since yesterday buying has declined. And if at all then the time for a correction is now.
Is DOT broken? Only 6.5% for the year. This one has yet to give us 70-90%. Just gonna leave this here……..
DOTUSDTPolkadot (DOT) - Elliott Wave Subwave Analysis
In Polkadot's short-term analysis, the current price action suggests that the market is forming the 2nd corrective subwave of a larger impulsive wave structure. This subwave is part of the initial stages of an Elliott Wave sequence.
Once this correction concludes, the next phase is anticipated to be the 3rd subwave, which is typically characterized by strong upward momentum within the wave hierarchy. If this scenario plays out, the 3rd subwave could potentially test or break key resistance levels.
Disclaimer: This analysis is purely for educational and informational purposes and should not be considered financial advice. Please conduct your own research or consult a professional before making any trading decisions.
POLKADOT - Sell Idea (Short-term)A quick turn around correction is highly likely at this point. From a short-term perspective, price action can easily make contact with the local key-level support of 5.0934. We're jumping into a short-term sell position.
DOT/USDT (Alternative Count)I recently shared my main scenario, outlining the most probable outcome based on current market dynamics.
This, however, is my alternative scenario, which I consider to be less likely but still worth noting. It presents a different perspective on how the price structure could unfold. While it doesn't align perfectly with my primary expectations, it's always important to remain prepared for varying possibilities in the market.
Stay tuned for further updates as I continue to monitor and refine these analyses!
Polkadot 100% from hereMy thought is that we have at least 100% from here! As long as we don`t etablish under our last support zone. Don't make it any harder than this. All we want is an uppward trend!
Polkadot (DOT)Polkadot is an open-source sharded multichain protocol that connects and secures a network of specialized blockchains, facilitating cross-chain transfer of any data or asset types, not just tokens, thereby allowing blockchains to be interoperable with each other.
Anyway, DOT chart is simple. First DOT made a big harmonic pattern. Then broke the harmonic pattern's right leg and entered an inverted wedge pattern. Now, it seems DOT has made a minor harmonic pattern, then broke the right leg and is going up. Let's see if DOT can reach the inverted wedge's upper line.
POLKADOT - Buy Idea (Short-term)The short-term cycle is trading sideways for past 5 days. Coming from the bottom of the range, we believe it is highly likely for the Polkadot to turnback up and push forward towards the upper section of that range, starting with the local key-level resistance of $5.36, our official profit target.
Polkadot , key targetsOnce we clear the red resistance, we have no strong one’s till 28 and then 45 and as we remember Dot goes sharp and fast and hard catchable . We still have the chance to accumulate it cheap and hold it for breaking up ( I drew the accumulation box which is super cheap ) . I believe it’ll be able to reach it’s ath but It goes harsh and rough so better to hold it tight .
DYOR fam .
$dot buy ideaWe are about to enter 2025 and CRYPTOCAP:BTC is at $90k. This CRYPTOCAP:DOT trade is a 1 to 57 risk reward ratio for anyone looking for a nice ride
Polkadot Critical Momentum - Since 2015, Bitcoin showed me a glimpse of what decentralization could achieve – true empowerment of people through a trustless, resilient network.
- By 2020, Polkadot amplified that vision for me, giving projects the freedom to build their own blockchains and putting governance back in the hands of the people. It may seem utopian, but Bitcoin has already proven it's possible with POW (proof of work).
- In this 2024 pre-bull market, I’ve heavily watched BNB, Solana, and Toncoin bring in impressive profits.
- I’ve followed these projects since their inception. BNB, tied closely to Binance, shares its fate—if Binance falters, so will BNB. Solana’s development team holds substantial control, often restarting the blockchain when it encounters issues, which raises questions about its decentralization. Similarly, Toncoin’s future is tied to Telegram’s success, meaning that if Telegram fades, Toncoin would likely follow.
- All three projects – BNB, Solana, and Toncoin – have been heavily influenced by hype, memes, and venture capital backing.
- Back to the trend :
- Polkadot is at a critical juncture: if it doesn't break the downtrend, it could easily slide back to $3.60 or less, if it breaks up $5.50 is the next critical point.
- Cryptos remain highly volatile and unpredictable. Invest wisely, do your own research (DYOR), and approach each projects with caution.
Happy Tr4Ding!
DOTUSDIMO this is one of the best future runners. The low was not broken, and I can mark a 3-waves corrective pattern, with a flat in the wave A and an ending diagonal in the wave C. Accelerates and this is very nice)
POLKADOT COMPRESSION ABOUT TO EXPLODEHey traders!
It's been a while since my last post in here. Despite that, I've been trading and charting like I always did.
Anyways, this is why I think CRYPTOCAP:DOT is pumping on the next months:
- As the rest of #alts , Polkadot has been on a compression structure since the manipulation on August. In my opinion, we are talking about a accumulation that will lead the price to reach the local ATH (11.00 - 12.00 USD)
- Context is great. #Trump seems to be the winner of US elections next week.
Don't take me wrong, I'm not a fan of #DOT and I think its time passed by. However, I don't think its crazy to see the #token dancing around 20.00 - 30.00 USD on the upcoming months.
Polkadot: Low Set!After Polkadot showed its first signs of an uptrend last week, we now consider the green wave (ii) complete. The same-colored wave (iii) should push the price above the resistance at $4.92. However, if the price slips below the support level at $3.61 (35% probability), we would need to place the price in the magenta wave alt.(ii), anticipating a decline into the orange Target Zone between $2.98 and $1.67.
DOTUSD Is it really copying ETC's past Cycle?Polkadot (DOTUSD) appears to be following since its 2021 High (All Time High), ETC's previous Cycle of 2018 - 2021. As you can see on this 1W chart, the RSI sequences in particular between the two fractals are almost identical.
Lower Highs Double Tops leading to the Bear Cycle, then an RSI bottom leading to a price break-out above the 1W MA50 (blue trend-line) and on the 0.5 Fibonacci retracement level (on overbought RSI), finally followed by a new decline (RSI at 40.00), which in ETC's case when broken, led to the Bull Cycle's Parabolic Rally.
Right now it appears that DOT is on the 40.00 RSI Low, so naturally if it is indeed replicating Ethereum Classic's previous Cycle, we should see the price starting to rise aggressively towards the 1.5 Fibonacci extension. If that's the case, we can expect a High around $200 by the end of 2025.
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Polkadot
The price has recently moved below the middle band, indicating short-term weakness. The lower Bollinger Band is acting as potential support near $4.60.
The break below the middle Bollinger Band suggests a shift in momentum, potentially signaling the start of a downtrend on this timeframe.
Volume is relatively low during the latest pullback, which could suggest the move lower is not backed by strong selling pressure. However, if the volume picks up on further declines, it may indicate stronger downside potential.
Support: The lower Bollinger Band around $4.60 is an immediate support level. If this level is broken, the next potential support is around $4.40 (seen from previous price action).
Resistance: The price faces resistance near the upper Bollinger Band at around $4.85-$4.90.
A bounce off the lower Bollinger Band around $4.60 could provide a buying opportunity if confirmed by an increase in buying volume.
A break below the lower band could signal further downside, with the next support around $4.40.
The price of DOTUSD is currently undergoing a short-term pullback after a notable uptrend. A key level to watch is the lower Bollinger Band around $4.60, which could act as support. If broken, more downside can be expected. Conversely, a bounce could indicate a resumption of the uptrend. Volume will be crucial in confirming either scenario.
Polkadot: Gained Momentum!DOT initially slumped in the last seven days, but was able to recover fully. We now expect further advances to the upside. The green wave (iii) should ultimately stretch well above the resistance at $4.92. Afterward, we expect an interim correction before another rise completes the green wave 1. If, on the other hand, the coin slips below the support at $3.61, our alternative scenario (probability: 37%) will be activated. This wave count involves a setback into our orange Zone (between $2.98 and $1.67) during the magenta-colored wave alt.(ii).
Polkadot is going to make millionares!!Keep an alarm on the 2.8736. Looks like a megaphone patterns is playing out and then we hope for the H&S pattern. Aiming for a price like $1000. Hope all get rich from this trade. Watch the down trendline to touch for the 3rd time!!
Polkadot Risk/Reward RatioPolkadot is currently at very close to his all time low. The Risk Reward Ration is pretty good here imo. Polkadot is not a an old coin. It was new in the last bull run but I still think it can gain momentum in the next bullrun.
Polkadot's Bullish Divergence: The Next Big Move?Hey Traders! 🌐
If you've been keeping an eye on Polkadot (DOT), you might have noticed something exciting brewing in the charts. Yep, I'm talking about a bullish divergence that's starting to take shape, and it could be signaling some serious upside potential! 📈
Polkadot: The Powerhouse of Interoperability 🌉
Polkadot isn't just another crypto; it's the go-to platform for connecting blockchains, making the decentralized web a reality. With its unique ability to facilitate cross-chain communication, Polkadot is a critical piece in the puzzle of the blockchain ecosystem. 🧩
Spotting the Divergence 👀
Diving into the technicals, there's a noticeable bullish divergence forming. This is when the price action is moving downward, but key indicators like RSI or MACD are hinting at an upward momentum. It's like the market's saying, "Get ready for a possible breakout!" 💥
Why This Matters 🧐
Bullish divergences can be early signs that the bears are losing steam and the bulls are ready to charge. For Polkadot, this could mean we're on the verge of a potential rally. If you're in the market for opportunities, this might be one to watch closely! 🔭
Stay Ahead of the Curve 🏃♂️
As always, make sure to do your own research and keep an eye on the charts. The crypto market can be wild, but with the right insights, you can navigate the waves like a pro! 🌊
#Polkadot #BullishDivergence #CryptoAnalysis #DOTtoTheMoon
i longed DOTIdk anything about this other than it is a meme now
heavily fudded
has built some impressive stuff
One of the most oversold major defi coins
btc and eth need to hold this level 2200 & 53k respectively, for me to keep my position open
Elliot wave Idea on DOT/USDTHere we have an idea of what we have in DOT/USDT, let's see if the pattern keeps the track of the elliot wave structure in the future
