Polkadot $DOT Elliot Wave CountPolkadot Elliot Wave 21/11/2022
A large number of DOT holders has been selling bags and I expect the price could get lower. I suggest you DCA or wait for abit before buying a bag.
DOTUSDT trade ideas
DOT/USDT 1DInterval Chart ReviewI invite you to review the DOT chart, taking into account the interval of one day. We will start by identifying the downward trend line from which the price came out on top and created a local uptrend channel, in which it is currently struggling to stay inside the channel.
Further, after unfolding the trend based fib extension grid, you can see the first significant support at the level of $6.79, then the second support at the level of $5.93, and then the third very strong one at the price of $5.31.
Looking the other way, we can similarly determine the resistance areas that the price must face. And here we see that currently the price has been rejected by the resistance at the level of $8.05, it still has to face the resistance zone from $8.95 to $9.40 so that it can grow further towards the level of $10.74.
Please look at the RSI indicator, because, like the STOCH indicator, there is a visible recovery and both indicators show room for a deeper correction.
DOT Will MOON Like UNI MartyBoots here. I have been trading for 17 years and I am here to share my ideas with you to help the Crypto space.
DOT will have have a nice move in very near future but watch the video to find out when it can moon . Very important information
It has very good structure and price action , it reminds me of how many other coins set up in the last Bull market before it went parabolic and of course similar to UNI that just mooned
Please watch the video for more information
have a great weekend
Polkadot(DOT): Waiting For Trend Break!Polkadot caught our attention on a 4-hour timeframe with multiple attempts to breakdown from that single trend that has been occurring since the beginning of this month!
With that being said, we are aiming to see those EMAs (100 and 200) touched and re-tested one more time before any further significant movement (either to upper zones or to lower zones)
Swallow Team
DOT updateHere is Example of Level(s) importance!
8.20 is where we must take a profit.
(For Educational purposes).
PolkadotAttention! 🚨
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DOT/USDTOpportunity Alert: DOT Long Position
DOT is showing strong potential for a long position within the range of $5.5 to $6. There's a chance of a significant bounce back from this zone.
Keep your Dollar Cost Averaging strategy active. If $6 doesn't hold, consider catching opportunities in spot trading rather than leverage. The leverage game might get too risky, especially given the narrative in January!
The profit potential and likelihood of a rebound for DOT are high. But remember, it's all about strategy and managing your funds wisely!
Get your game plan ready and dive in with caution. Let's make the most out of this promising opportunity!
Trade wisely
Destiny In this analysis, I have described all the scenarios with reason, I hope you will use, please trade with science and do not trade with the opinion of others, we are gathered here to make a profit, but it is also important to have personal science and personal style, it seems that the short term target is the range of $23 and the final target is the range of $119, if you are going to invest it seems like a servant of this chart very well is
DOTPolkadot doesn't require extensive description as the coin proves its worth with its fundamentals. We are in corrective wave (b), which may end in this range. We should not forget that this wave may provide a long distance around $12
DOT Polkadot Price TargetIf you haven`t bough the Double Bottom on DOT:
With the stock market reaching record highs, there is growing optimism that the positive momentum could spill over into the crypto market.
Historically, we've seen a correlation between bullish sentiments in traditional markets and increased interest and investment in cryptocurrencies.
As traditional investors seek diversification and alternative assets, the crypto market, with its potential for high returns, could benefit from this wave of enthusiasm.
This alignment with the prevailing positive trends in the stock market might act as a catalyst, fostering a bullish outlook for the crypto market in the coming days.
My Price Target for DOT Polkadot is the next resistance, $7.90.
Dot Usdt Daily Chart AnalysisDot Usdt Daily Chart Analysis
Target 8.20 cheers Diyor
Bossssssssssssst
DOTUSDT long setup 4h time framehi traders
DOTUSDT has been correcting. The price remains under the downsloping resistance line.
It's not a time to buy yet.
If you want to speculate on longs, buy at the support.
Entry: 6.52
target: 8,19
stop loss: 6,23
Risk reward ratio: 5.9
DOT Long Target DailyPeak on March due to update difficulties and then bigger rewards on late rally atcoin season
Negative divergence .. important resistance and possibility of cThis currency is in an upward trend and now by reaching the resistance range as well as the negative divergence, it has made the possibility of falling stronger for itself.
Therefore, friends who intend to enter this currency should plan on short positions.
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Polkadot ($DOT) Poised to Reach Local High of $9.6
Alternative coins have yet to catch up with Bitcoin's ascent, including CRYPTOCAP:DOT , which is currently oscillating between a support zone of $7.0–$7.3 and a resistance zone of $7.62 –$8.20.
There's an anticipation that buyers will soon make a move to break out from this sideways range upwards. Potential targets include resistance zones at $8.46, $8.74–$9.2, and the local high of $9.6 established on December 26, 2023.
With Bitcoin on an upward trajectory, significant pullbacks in Polkadot's chart are unlikely. The price might retract to the support area of $5.96–$6.57, but falling below this bracket seems improbable.
DOT/USDT Bracing for Impact at Key Supply Zone? 🚀POLKADOT💎 Paradisers, gear up for a thrilling phase with #DOTUSDT as it approaches a critical supply level, signaling possible future maneuvers.
💎 A glance at #POLKADOT shows its recent ascent from a descending channel, now nearing the crucial supply mark at $7.777. A breakthrough above this point, coupled with sustained momentum, could usher in a climb towards the higher supply region at $9.574.
💎 Should #DOT honor the $7.777 supply zone without breaking through, a bullish push from the subsequent demand level at $5.909 might be on the cards, with a fall below this threshold potentially leading to a significant downward trend.
Trade Setup: Polkadot Head and Shoulder ReversalA head and shoulder reversal pattern has formed on $DOT. If CRYPTOCAP:BTC continues to dump it will drag down altcoins with it and this pattern will activate. If that happens I expect it will bounce around the 161.8 fibonacci extension which coincides with a retest of a major falling wedge pattern that we broke out of earlier this year.
I remain bullish on CRYPTOCAP:DOT in the long run and I am keeping an eye on the weekly cloud E2E trade which I expect will play out later this year. A short term dump will be a good opportunity to load up big for that.
DOT to $30 in 2024 - at least 400% gains!Edge to edge trade activated on the weekly cloud. Price will look to return to the 50% fib level of the previous drawdown which is a 400% gain from current levels.
Some other positive DOT news is that the community recently voted to implement a deflationary mechanism by burning the revenue from Coretime sales. This should help with long term price appreciation.
DOT: plan for the next few months, Dump and big pumpDOT is overall bullish, but I am still expecting a final correction. We have a total of 4 swing highs next to each other, which is a good opportunity for whales to take all stop losses from traders. Do not get caught in the trap and follow my plan. Buy DOT lower and expect a strong bull market this year! Let me know what you think about my analysis, and please hit boost and follow for more ideas. Thank you, and I wish you successful trades!
The network uses an NPoS (nominated proof-of-stake) mechanism with validators and nominators.Nominators back validators with their tokens. These staked tokens maximize chain security by making it prohibitively expensive to misbehave.
Validators are staked on the Relay Chain and confirm transactions coming from the different parachains. This unique validity scheme enables chains to interact with each other securely under the same rules, yet remain independently governed.
🚨Polkadot(DOT) can Drop ➖15%🚨✅The Polkadot(DOT) reacted well to the Resistance lines and started Falling again .
🌊Regarding Elliott wave theory , Polkadot(DOT) seems to be completing Corrective Waves .
🌊The structure of Corrective waves is Zigzag(ABC/5-3-5) .
🔔I expect the Polkadot(DOT) to go down to at least the🟢 Support zone($6.30-$5.67) 🟢and Support lines to complete microwave 5 of the main wave C .
❗️⚠️Note⚠️❗️: An important point you should always remember is capital management and lack of greed.
Polkadot(DOT) Analyze (DOTUSDT), 4-hour time frame ⏰.
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 gladly see your ideas in this post.
Please do not forget the ✅' like '✅ button 🙏😊 & Share it with your friends; thanks, and Trade safe.
DOT/USDT in 1 D time frameHi
in 1 Day time frame (Logarithmic) , I saw a big uptrend sharply bullish trend.
We should wait a while to see it it can break the existing resistant and in pull back can get position.
please investigate personally and any taking position on your responsibility....
regards,
