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Polkadot(DOT): Rising Channel Is Getting Weaker A rising channel is spotted on the DOT coin, indicating an uptrend in the short term. However, the price is currently showing an early weakness, breaking the middle line of Bollinger Bands Path. We have two possible movements here, but the end destination is the same for both of them! First scenario: We see a price to move towards upper "liquidity zone," from where we will be looking for a downward movement Second scenario: Current weakness will continue to break that rising channel, resulting in a n early downward movement towards $5.03 or even $4.81 Swallow Team
Short
by SwallowAcademy
8
Dot **The Polkadot 1.0 project is scheduled to launch on December 18, 2023, which is Monday next week. This project includes new features such as public parachains, DOT token staking, and decentralized governance. Polkadot 1.0 is a major milestone for this ecosystem and is expected to have a significant impact on its development. This project paves the way for the creation of new and innovative decentralized applications on Polkadot. Here are some of the new features of Polkadot 1.0: Public parachains: Public parachains, or parachains, enable the creation of scalable and high-performance decentralized applications. DOT token staking: DOT token staking allows users to participate in Polkadot governance and earn rewards. Decentralized governance: Decentralized governance allows users to participate in decision-making related to the development of Polkadot. For more information about Polkadot 1.0, you can visit the official Polkadot website.**
Long
by Crypto_Currency_USA
USDT/DOT Speculative Trading IdeaBelow is a speculative trading idea for the DOT/USDT pair. Currently, the asset's price has broken through an inclined level after updating the minimum at the price of $3.550 within the current global downtrend. After reaching the $3.550 level, there was a rebound, amounting to over 41% to the current price. This situation indicates an attempt to break the local downtrend in effect in 2023. As we anticipate a price correction, we identify two entry points for the asset to continue the upward movement within this correction. We place our first limit orders to buy DOT at price levels of $4.550 with a growth potential of 37% to the price level of $6.273. We place our second limit orders to buy DOT at price levels of $4.220 with a growth potential of 50% to the price level of $6.273.
by Rick_SimpleSwap
5
$DOT NEXT MOVE POSSIBILTYCRYPTOCAP:DOT looking very healthy for a pump in my opinion, it already broke out the descending channel successfully and also made a double bottom while breaking out, Expecting a good price in the Alt rally , personally seeing 50-180% opportunity for mid term alone, of course don't take this as a financial advice instead open your chart and see if you also can see this opportunity like i do. Do your own research in any ideas that you see online don't just follow everything blindly, I'll end with this advice, Thankyou
Long
by Cryptography0G
POLKADOT long term goalIs It Finally Time To Buy DOT As Polkadot 2.0 is Coming? hello dear trader and investors do you know( polkadot v2) faster than sol and kadena? Is It Finally Time To Buy DOT As Polkadot 2.0 is Coming? it is time for polkadot ’s rally Polkadot 1.0 vs 2.0 — A comparison between Polkadot 1.0 and Polkadot 2.0 highlights significant differences. The transition from slot leasing to a cumulative asset model will enable smaller projects to access Polkadot’s infrastructure without committing millions of dollars or locking up tokens for extended periods. The number of available parachain slots is expected to increase from a limited 50 to a range of 500 to 1,000 cores, further expanding Polkadot’s capacity to onboard projects. Polkadot 2.0 Launch Date — Gavin Wood, Polkadot’s founder, has been actively involved in developing Polkadot 2.0. While the technology is expected to be ready by late 2023, the official upgrade and release will occur in early 2024. This timing aligns with the end of the major DOT unlock events, potentially setting the stage for a new wave of positive sentiment. Polkadot 2.0’s new system for allocating block space could increase liquidity for the DOT token. Revenue generated from core time sales will be channeled into the Polkadot Treasury, and token holders will have a say in how these funds are distributed through governance. Periodic token burns are also being considered, which could make DOT deflationary and positively impact its price. good luck
Long
by mehdi_kb
Polkadot's exit from the bearish channel is confirmedHi everyone, As I mentioned about CRYPTOCAP:DOT conditions on November 19th, after Bitcoin climbing above $40,000, the smart money is slowly pouring into the crypto market's top altcoins, and CRYPTOCAP:DOT has finally broken out of the bearish channel and headed to its targets. Accordingly, $6.86 and $10.59 targets will be available for CRYPTOCAP:DOT in the coming days. I also expect CRYPTOCAP:DOT to stop at $7.75, $8.75 and $9.75 before reaching the $10.59 target. Also, the 100WMA in the area of ​​$8.30 is still the most important resistance of CRYPTOCAP:DOT before reaching the target of $10.59. Goodluck
Long
by BJWiseReal
2