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#DOT/USDT 1DAY UPDATE Hello, welcome to this DOT/USDT 1DAY chart update by CRYPTOSANDERS. I have tried to bring the best possible outcome to this chart. Show some support, hit the like button, and follow and comment in the comment section. this motivates me to bring this kind of chart analysis on a regular basis. CHART ANALYSIS:-DOT/USD was down by as much as 5% in today’s session, falling to a low of $5.72. Today’s drop saw the token move closer to its support level at $5.60, which has mostly been in place for the last week. Looking at the chart, the RSI also dropped to a floor of its own, with the index colliding with its support at 41.00. Should the index move below this point, we will likely see Polkadot move toward $5.30, which would be a two-year low. Traders will likely also be paying attention to the moving averages, as the indicator still looks positioned for further downward momentum. This is not a piece of financial advice. Hit the like button if you like it and share your charts in the comments section. Thank you
by CryptoSanders9563
1
Polkadot DOT price has nowhere to fall below. It's time for longIt's been a while since we did a DOTUSDT idea, then it's time to refresh our thoughts. As you can see from the chart, the DOT price is clearly moving from one liquidity level to another, we have marked them nicely on the chart. So, we assume that the price of the Polkadot token will consolidate a little more, buyers will gain strength and break up from the falling channel. Therefore, we make an assumption for ourselves about the possible movement of the DOTUSD price Long to $6.60 - correction - long to $7.90 - correction - long to $9.50-10 _____________________ Did you like our analysis? Leave a comment, like, and follow to get more
Long
by P_S_trade
29
#Polkadot down 88% in 11 Months, is the DOT Bear Run Over?Past Performance of Polkadot Polkadot, like most coins, is inside a trading range, and buyers are yet to unshackle themselves from determined sellers. From the daily chart, DOT is up a paltry six percent from September 2022 lows. However, from the daily chart, there are flashes of strength, signaling growing upside momentum. #Polkadot Technical Analysis DOT is within a bear formation but bottoming up from 2022 lows. Even though the coin is shaped by the losses of September 18, the rejection of lower prices in the first week of October may be the basis for more expansion in October. Whether DOT's impressive performance thus far can continue depends on whether there is a high volume close above the middle BB and $7, the upper limit of the current consolidation. In that case, DOT may easily soar to $8 and later $9.5, marking August 2022 highs. What to Expect from #DOT? DOT is at around 2022 lows and down 88 percent from 2021 highs. After months of lower lows, the bear run may be near. However, this depends if DOT can close above $7 with increasing trading volumes. If not, further losses below $6 may quickly lead to panic sales to new 2022 lows. Resistance level to watch out for: $7 Support level to watch out for: $6 Disclaimer: Opinions expressed are not investment advice. Do your research.
Long
by Bitcoin_Analyzer
#Polkadot is Free Falling, DOT May Collapse to $6Past Performance of Polkadot Polkadot bears are relentless at spot rates, per the formation in the daily chart. After a brief consolidation, DOT prices are down double digits in the last trading month, dropping nine percent on the previous trading day alone. As per the DOT candlestick arrangement, traders should look to align with the primary trend by unloading on dips below $8 and the middle BB. #Polkadot Technical Analysis Currently, sellers are firmly in control. After the DOT price consolidated in the first week of September, even printing encouraging higher highs, the coin is now recoiling from the middle BB and August 26 highs at around $8. Technically, bears are in control. DOT is under pressure from an effort versus result analysis since buyers didn't break above the middle BB or reverse losses of August 26 or 19. With the trend defined and the coin within a bear breakout formation, the immediate target is at $6, marking July 2022 lows. What to Expect from #DOT? Even though buyers are upbeat and confident that DOT's bottoms may be in, the liquidation wave appears too strong for bulls. Sellers are in a commanding position, reading from the formation in the daily chart. If DOT fails to hold prices above $6, the coin may slide to new 2022 lows. Resistance level to watch out for: $8 Support level to watch out for: $6 [ b]Disclaimer: Opinions expressed are not investment advice. Do your research.
Short
by Bitcoin_Analyzer
1
DOTUSDT 12h Possible scenario movement for Polkadot priceToday we will analyze the local situation on the DOTUSDT price schedule. But to begin with, we recommend that you familiarize yourself with our global idea of ​​DOTUSD on a 3-day timeframe. At the final price squeeze, sellers managed to spill the price below $6.36 to $6.02. However, buyers sharply bought the decline and closed the trading day at $6.46, after which the growth continued. If we compare the price rebound of DOT with other altcoins, we can say that it is average in terms of values, maybe even weaker than the average statistical rebound. However, if you believe in the prospects of the Polkadot project and ecosystem, but did not have time to buy it at the bottom, then fate may give you a second chance. Buying in the area $6.65-7.00 And further growth is possible according to the following route: $7.00 - $9.00 - $7.50 - $10.00 _______________________________ Since 2016 , we have been analyzing and trading the cryptocurrency market. We transform our knowledge, trading moods and experience into ideas. Each "like under the idea" boosts the level of our happiness by 0.05%. If we help you to be calmer and richer — help us to be happier :)
by P_S_trade
39
DOTUSDT 3D Medium-term trade with P/L = 10/1Today we will look at the global chart of the DOTUSDT trading pair on a 3-day time frame. The last global idea on DOTUSDT we published 8 months ago, then the downward trend began, which continues to this day. At that time, DOT buyers were very determined to continue the growth, because on 11.11.2021, the first parachains in the Polkadot ecosystem were to be launched. But the situation on the Dotusd chart that we saw suggested that the price will soon begin to decrease, from $50 at least to the $14-18 zone. Of course, we were criticized then in the comments under the idea, that we do not understand what we are writing, only growth and nothing more wrote users TW... But what do we see now? The DOT price is 2 times lower than our pessimistic forecast from the previous idea. Now DOT buyers are trying not to let the DOTUSDT price fall below the liquidity level of $6.50 Not bad conditions to try a medium-term trade for a small part of the deposit: Entrance $6.50-6.70 Stop $6.365 (-5%) Take $9.95 (+48.5%) The profit/loss ratio is 10/1 Below $6.36, it is most likely not worth holding DOT, because then fall can continue to $5-5.20 area _______________________________ Since 2016 , we have been analyzing and trading the cryptocurrency market. We transform our knowledge, trading moods and experience into ideas. Each "like under the idea" boosts the level of our happiness by 0.05%. If we help you to be calmer and richer — help us to be happier :)
by P_S_trade
37
#DOT/USDT 2HOUR UPDATE !Welcome to this quick DOT/USDT analysis. I have tried my best to bring the best possible outcome in this chart. Reason for trade:- As we can see in the above-mentioned chart that DOT rejected the triangle resistance level. Currently, DOT is trading near the support zone which is a $9.10 area. We can add some DOT near this level with SL. The resistance is $9.90 - $10.00 area. A break above will dice the next move. Candle close below the lower trend line support will be the invalidation point of this chart analysis. Remember:-This is not a piece of financial advice. All investment made by me is at my own risk and I am held responsible for my own profit and losses. So, do your own research before investing in this trade. Sorry for my English it is not my native language. Do hit the like button if you like it and share your charts in the comments section. Thank you...
by CryptoSanders9563
#DOT/BTC 1DAY UPDATE BY CRYPTOSANDERS !!Welcome to this quick DOT/ BTC analysis. I have tried my best to bring the best possible outcome in this chart. Reason of trade:-DOT/ BTC PARALLEL CHANNEL and buy the green zone and (SPOT CALL) Entry:-0.0003000,0.0003333 Traget:- 50% Stoploss:- 0.0002722 Remember:-This is not a piece of financial advice. All investment made by me is at my own risk and I am held responsible for my own profit and losses. So, do your own research before investing in this trade. Sorry for my English it is not my native language. Do hit the like button if you like it and share your charts in the comments section. Thank you...
Long
by CryptoSanders9563
DOT (Polkadot) Coin {Market Cap} Analysis 10/04/2022Fundamental Analysis: 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. Polkadot was designed to provide a foundation for a decentralized internet of blockchains, also known as Web3. Polkadot is known as a layer-0 metaprotocol because it underlies and describes a format for a network of layer 1 blockchains known as parachains (parallel chains). As a metaprotocol, Polkadot is also capable of autonomously and forklessly updating its own codebase via on-chain governance according to the will of its token holder community. Polkadot provides a foundation to support a decentralized web, controlled by its users, and to simplify the creation of new applications, institutions and services. The Polkadot protocol can connect public and private chains, permissionless networks, oracles and future technologies, allowing these independent blockchains to trustlessly share information and transactions through the Polkadot Relay Chain. Polkadot’s native DOT token serves three clear purposes: staking for operations and security, facilitating network governance, bonding tokens to connect parachains . Polkadot has four core components: Relay Chain: Polkadot’s “heart,” helping to create consensus, interoperability and shared security across the network of different chains; Parachains: independent chains that can have their own tokens and be optimized for specific use cases; Parathreads: similar to parachains but with flexible connectivity based on an economical pay-as-you-go model; Bridges: allow parachains and parathreads to connect and communicate with external blockchains like Ethereum. Following the network’s redenomination after a referendum on Polkadot, DOT balances increased by 100, so one old DOT was equivalent to 100 new DOT. This meant that the initial maximum supply of 10 million old DOT in August 2020 became 1 billion new DOT tokens. The redenomination was undertaken purely to avoid the use of small decimals and make calculation easier. While all balances were increased by a factor of one hundred, this did not impact the distribution of DOT or holders’ proportional share. Polkadot’s first initial coin offering (ICO) was held in October 2017, and the Polkadot price was $0.29, with 2.24 million tokens offered. The second ICO was held in July 2020, and the Polkadot price offered was $1.25, and 342,080 DOT tokens were sold. The current CoinMarketCap ranking is #12, with a live market cap of $19,263,288,614 USD. It has a circulating supply of 987,579,315 DOT coins and the max. supply is not available. Technical Analysis: Looking at the Market Value and Fluctuation Patterns in historical data of the Asset from Jan 2021, we can see there has been a completed Cycle with ATH: 47B$ , thus retracement to 10B$, followed by 3 Months of Re-Acumulation Phase till End July 2021, which developed the New Cycle with its New ATH of Approx. 55B$, followed by Market Cap Correction to 14B$ which is Below the 61.8% level of Fibonacci retracement of 0 to the Latest ATH (55B$). this means the Capital has Been accumulatiing since its retracement for its 3th cycle which can have the new ATH of 160B$. There exist the Hidden Bullish Divergence of Market Cap Value and MACD at the 4 Hours Time Frame , which is the very Significant sign of Bullish Trend Continuation which eventually Start the new Bullish cycles. As the Capital Accumulation Start its Bullish trend From these kind of Discounted Zones such as Fib 61.8 or lower , we can Rationally expect the ATH to be easily Achievable and ultimately developing the new cycle thus new ATH. There are Total of 3 Targets defined by the Average Confluences of the Fibonacci Expansion and Fibonacci Trend Base Extension. these confluences Points can even be counted as the Major Pivot Points . The 3 TP gets its confirmation as the Bullish trend Triggers the 2 TP followed by some Market Cap correction and Reaccumulating. on its Up Formation rally.
CRYPTOCAP:DOTLong
by BitonGroup
2
DOT Analysis 09/03/2021we have achieved our Past Specified Targets and now Updating the Idea and Taking New Positions as you can see the price has done its accumulation phases in 2 zones and triggered our past TPs with a sharp Impulsive wave and consolidating above our 3 TP, it will started its Rally after some consolidation as we can see there exist a Hidden Bullish Divergence with MACD Histogram, which is the sign of trend continuation. there total of 3 New Targets specified where as the 3TP will gets its confirmation if the Price Triggers and Correct the 2 TP which is the extension zone of Fibonacci Projection of the Previews impulsive wave.
Long
by BitonGroup
8