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DOT

Polkadot Soon To Go Bullish (125% Target Mapped)We will be looking at 3 signals on the Polkadot (DOTUSDT) chart. 1) As MA200 trends down, prices tend to trend upwards. 2) Bottom pattern formation. The same bottom pattern we've been seeing in multiple charts is also present here. 3) Mirror image. On the left side we have red/down, on the right side the mirror image would be green/up. These are the signals. The light blue line at the bottom of the chart is the stop-loss. We use manual stop-loss (full candle close below this line). This is not financial advice. The charts can always change. Keep in mind that trading is not risk free. Do your own research before trading. Make sure to comment, like, follow & share for more. Thank you for reading. Namaste.
Long
by AlanSantana
1
DOT (Analysis)The DOT was supported at the bottom of its bearish channel last week and is moving towards resistance at $ 8.5, forming a twin floor pattern. A negative reaction accompanied the first encounter with this range. Still, in the second encounter, due to the strength of buyers, there is a possibility of breaking the resistance ahead and continuing the upward movement until the next resistance in the $ 10 range. The downtrend is broken, and if pullback moves to this uptrend and maintains $ 7.5 support, we expect the uptrend to continue with more strength towards higher resistance. The first resistance is in the range of 8.5, and the second resistance is in the range of $ 9. If the uptrend line breaks in the 4-hour timeframe, a price reversal warning will be issued again to lower support.
by MonoCoinSignal
3
Risk on in DOT DOT has often been viewed as an alt layer 1 solution. Some call it a layer 0, as it is seeking to link unique blockchains into a single collective, cohesive network. For comparisons sake, if viewed as a layer 1, then DOT's market cap as a percentage of ETH has dropped to 4%. So keep risk mgmt monitored closely. DOT benefits from deflationary pressures as more tokens are locked up or bonded with every parachain auction. For clarity in jargon: Parachains are individual networks running in parallel to create a harmonized, interoperable ecosystem. In May, they announced liquid staking to their (POS) network of blockchains, to reward additional revenue by earning extra yield in decentralized finance (DeFi) applications. We recently saw a massive growth in trading volume, however what resulted was a decline in price. This spike was an indicator of bearish sentiment.
COINBASE:DOTUSDLong
by ZenMode
1
DOT / USDT loklanie changes the trend to a downward trendHello everyone, let's take a look at the 4H DOT to USDT chart as you can see the price has come above the downtrend line and back below that line. Let's start by setting goals for the near future that we can consider: T1 = $ 7.91 T2 = $ 8.29 and T3 = $ 8.77 Now let's move on to the stop loss in case of further market declines: SL1 = $ 7.60 SL2 = $ 7.38 SL3 = $ 7.16 SL4 = $ 6.86 and SL5 = $ 6.47 Looking at the CHOP indicator, we can see that in the 4H range the energy slowly starts to rise, while the MACD indicator shows a change in the local trend to a downward trend.
Short
by cryptodailyuk
Polkadot facing resistanceThis one looks/feels just like Cardano. We are looking at DOTUSDT (Polkadot) and we see that prices are trading above EMA10 and EMA21, which is always good... But resistance is being faced at EMA100. This same level has rejected growth twice already this month and is the immediate challenge. If DOTUSDT can manage to break and close above $8.06, we can expect much higher prices. On the contrary, a rejection can lead to a test of the last low. This is shaky spot... This is the decision spot... This is where you hear people talking about coin flip, 50/50... We go GREEN and we use a tight stop-loss. I think we are ready to go up. Namaste.
Long
by AlanSantana
1
POLKADOT the last chance and the range market 📖🚀Hello 🐋 Based on the chart, the price is close to the green trend line and major support or better to say the previous zone that started its amazing pump to the upside ✔️ if the price breaks the red trend line to the upside, we will see more gain besides the range market is acceptable scenario too 📖💡🚀 and if the price break the rang area to the upside, we will see more gain 🚀 otherwise we can see more correction ❌🧨 Please, feel free to share your point of view, write it in the comments below, thanks 🐋
Long
by MadWhale
5
DOT - Long after bear trapReasons to take long: ⭐️ Currently BTC is bullish ⭐️ We trapped a lot of bears on 1h tf ⭐️ Volume increased at bottom ⭐️ Price is squeezing to the level 7.42 ⭐️ 4th touch of the level ⭐️ 40 ATR ⭐️ Over VWAP Will enter when price squeezes to the level on 5m timeframe, the base will form and the tape will get faster. If you don't understand the previous sentence, just use swing stop-loss 3-5% Fix profit by parts: 1% - 1/3 2% - 1/3, stoploss to breakeven What's left, hold to the maximum What do you think of this idea? What is your opinion? Share it in the comments📄🖌 If you like the idea, please give it a like. This is the best "Thank you!" for the author 😊 P.S. Always do your own analysis before a trade. Put a stop loss. Fix profit in parts. Withdraw profits in fiat and reward yourself and your loved ones
Long
by Artem_Dishel
5
DOTUSDT🔥 4HLet's break down polcadot The price on the chart on the hourly TF 4H shows us a "descending expanding wedge" pattern, at the moment the asset is moving towards the support zone, in case of breakdown, the price will most likely continue to move towards the lower border of the wedge. Sample plan: 💡Entry point 7.55 🔝Take-profit 6.40 ✖️Stop-loss 8.55 ✅Don't forget to visit the channel there is a lot of useful information about trading. ✅Write your comments what you think about this coin.
Short
by DanilBlinkov