Polkadot Next BullRun

Updated

- Okay now that we got the Bottom ( 4.3$ ish).
- We can try to calculate the highest points for the next bull run.
- i am not in patterns too much but we can see that DOT formed a kind of Cypher Bullish Pattern.

- A resistance was created around 9.80-10$.
- So Polkadot will have to go retest this zone and breakout to climb more.

--------------------------------------------------------------------------------------------------
- TP Zones :
--------------------------------------------------------------------------------------------------
- TP1 : 50$ ish (ATH 2021).
- TP2 : 85$ ish (161.8 Fibo).
- TP3 : 200$ ish (Max Fibo 423.6).
--------------------------------------------------------------------------------------------------

- Like Always :
-- Take your train ticket before the mass.
-- Sell when others rush to buy :D.

Happy Tr4Ding !

Note

Check this post to see clearly Bottom Zone :

Note

Older Analysis :

Note

Just to make it clear. this trend is going to January 2025.

Note

Dom

Note

TF-3D Div.

Note

i answered a question in the comments section by CrimsonPanda and thanks for asking it!, i think it's really important to make the difference between DOT and ETH. Remember also that my answer is only my own vision! :

Do you believe DOT can outperform its peers? Last cycle it was very disappointing, even ETH was performing better. I really wonder your idea about DOT's next bull potential. I kinda started shift my focus other big boys rather than DOT. Also thanks for the updates.

i will try to answer my best mate but it would take a day to speak about the differences between DOT and ETH. In terms of technical features, Polkadot uses a more advanced consensus mechanism called GRANDPA, which is designed to reduce network latency and improve transaction finality, Polkadot aims to be a more scalable and interoperable platform. From a matter of price, we cannot compare DOT and ETH, Ethereum has been around longer and has a much larger user and developer base, Ethereum is seen as a pioneer in the smart contract, peoples had no choice at that time and adopted it. imo the big problem with ETH is that anyone can create a token with few bucks and create a quick scam, to my eyes ETH is a nest of scams, just look right now how many MEME scams tokens are made on ERC20 base. in contrast, if a project wants to develop on Polkadot, it needs to be built on parachains, first Rococo, then Kusuma and finally, Polkadot, it costs a lot of money and time for a project team to come in Polkadot ecosystem. Polkadot have strong technical fundamentals, from a technical standpoint, and to answer shortly your question, Polkadot have a number of unique features that make it stand out among its peers and his price will follow with time. i hope it helps ! Cheers mate!

Note

D1 update. Accumulation Divergence.

Note

Update. Keep thing simple. wait for breakout.

Note

Updated Timeline here :

Note

thecryer

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.