DOTBTC
DOT/USD - Chilling on $40 support line. Can it pump? 🤔DOT has had quite a severe correction after reaching its current ATH at $55. It dropped 32%.
Now that we have found a good support level at around $40, DOT has a new chance to pump.
The indicators are bearish on the daily timeframe, but this can change quickly, particularly if on lower timeframes like 4-hour, the indicators can curve back up.
So long we hold above $40, DOT has a good chance to break above the resistance at $43.
Bias is neutral right now, but it will flip bullish the longer we sit above support.
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DOTDOT has completed the ABC down after 5 up, but weekly chart is selling off quickly, so bulls must step up here soon or the bears will turn this into 5 down and send dot to $31
dot long swing ~similar scenario as my last 2 posts, dot has a daily algorithmic buy signal starting to flash, will confirm at todays close.
i believe dot is in a deep sub-wave 4 here, and it's got one last leg to go, similar to btc.
my upside target for this sub-wave 5 = $64
it could break before then, so take profit along the way as needed.
keep an eye out for updates just in case something ends up changing.
DOT REVERSAL FROM A STRONG SUPPORT ZONEDOT has to flip $41.67 and go to $44, $46 and $48 (shorterm). DOT after a massive sell-off found the support at a strong uptrend trendline.
We have a bullish harmonics on daily timeframe with the strong trendline support.
As long as we hold this low we're moving up!
For longterm I see no reason for Polkadot to not hit $100 - $170 mark!
Let the final mega cycle begin and the real show will get started Handshake
Accumulate the dips while you can and when you can!
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DOT 1D BUYDOT 1D support is at ~$38.5
Enter 50% here
and try to set some buy orders near the support zone
If DOT holds above the trendline,
the Take-Profit target would be $49.5, $54 and $58
Cheers
Dot is at the bottom of its ascending channel.RSI also shows a divergence, which is a good sign.
I think $55 is a reasonable target for Polkadot and if it breaks with a good volume, we will see a price discovery around $70.
But these targets need two prerequisites:
1. Bitcoin must be bullish or stable.
2. Dot needs to maintain its uptrend to break the $48 ~ $50 resistance.
Polkadot - DOTUSDT Will Hit 55$The price is sitting on the trendline currently and has a very have probability of bouncing OFF to 55 in a couple of days.
Do you have a different opinion about DPTUSDT? please comment below
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DOTUSDT , We expect this kind of moveHello everybody
Acccording to our last and previous analysis , You watched the trend line is upward and in daily time frame we hadnt any signal for change trend and now we wanna be ready to move up , in daily analysis we are in support powerful zone and we expect that the price will support in here and is moving to go up and reach to last ATH
Dot is one the most powerful project that the founder of it : Dr.Gavin Wood
You know who is he ?
But becareful and dont forget to use your stop loss and attention to money management
Previous analysis :
Good Luck
Abtin
PolkadotPolkadot is beginning to weaken, not only in itself, but particularly in comparison to that of Bitcoin.
As we've discussed at length here on TW, Bitcoin continues to show some bullish sentiment due to its recent technical breakout in MARA/BTC. As long as this pertains, we'll stick with the majority of our position in Marathon Digital Holdings.
60 percent of my portfolio is currently in Marathon. The remaining 40 percent is spread out in alts. With that said, I might consider reallocating a good chunk of those alts into Marathon as a few of them show emerging weakness, both individually, but even more so when directly compared to Bitcoin.
On the Poladot versus Bitcoin chart, the price was once again rejected by the horizontal resistance zone - and this after a minor fakeout. On top of that, the price has recently dropped below the diagonal support as well and is presently trading in a weak spot.
And to add fire to the flames, we also have a 3-point RSI divergence on the daily chart.
If this bearish internal trend were to continue, it naturally doesn't mean the price of Polkadot may go down. All it means is that Polkadot will then be expected to under perform versus that of Bitcoin.
Let's then dig a bit deeper to find more clues of the overall market health condition.
If we proceed to look at Polkadot itself (as in compared to the USD), we can firstly detect that it's trading right at the horizontal support zone. On top of that, the RSI looks strong too and for two reasons.
Firstly, it has retraced quite much - by almost 20 points to be precise - from a mere and seeming price correction.
Secondly, it is still trading within a strong bullish red RSI channel.
So far it shows every sign of health. This in combination with the strong horizontal support zone and the thus far strong bull trend gives me no reason whatsoever to be bearish on Polkadot. Quite the opposite!
This means that if we put the just-turned-bearish DOT/BTC next to the nicely and bullish-looking DOT/USD we can technically conclude that Polkadot's trend is up, but that it is yet statistically bound to under perform versus that of Bitcoin. This in turn leaves us with the conclusion that Bitcoin is even more bullish.
To further add weight to our technical case - as in to further increase the probability of being correct - we will soon proceed to compare more individual alts and their respective strength-relationship to that of Bitcoin.
But for now, it's Bitcoin season 1 - altcoin season 0, yet with both looking technically bullish regardless.
DOT 1D BUYDOT 1D support is at ~$38
Enter 50% here
and try to set some buy orders near the support zone
If DOT holds above the trendline,
the Take-Profit target would be $49.5, $54 and $58
Cheers
PolkaDot DOTUSD - HUGE Parallel Channel on the Daily chart- Polkadot - DOT - Rank #8 -Coin
- Polkadot is strong on the daily timeframe , as we can see.
- The price broke out of the bullish falling wedge and now is unstoppable!
- On the daily time scale, we can spot a huge blue parallel channel , which acts like a support and resistance .
- Target top of the chanel or 1:1 fib extension on the daily chart .
- For expected duration of the trade, probability, stop loss, profit target, entry price and risk to reward ratio ( RRR ) - please check my signature below ↓
- Due to my Elliott wave count, the correction is totally over and we can expect a higher prices!
- If you want to see more of these ideas, hit "Like" & "Follow"!
DOT two waysPolkadot is formign a bearish structure on the 4h chart, with what could even be a double top.
LONG:
If we hold the green zone I'll be looking to enter when we have a bullish structure (higher high and low) with a safe target around $60
SHORT:
If we break .382 FIB, the support zone and the 200EMA, I'll look for a retest of the .382 level for a sharp move down. Not too big of a target as the overall market sentiment remains bullish and the trend is your friend.
What do you believe is about to happen?
DOT/USD - Sharp rejection and a bearish cross. 😪DOT disappointed this week with a 15% drop in the past seven days. Moreover, it did not manage to hold above the support level at $48, falling behind it and turning it into resistance.
These are bearish signals, with MACD crossing on the negative side on the daily timeframe. When this happens, it is time to expect a correction and DOT is not different in this respect, particularly after a strong rally in October and early November that lead to a new all-time high at $55.
The next support level is found at $43 which should be well defended by bulls. Looking ahead, expect to see DOT approach the low $40s before the bulls may return to defend further losses in price.
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PolkaDot Still $100 Potential of entered in bearish Zone ..?#DOT/USDT TA update:-
$DOT lovers Still hoping $DOT can hit $100
Is it Possible..?
Yes It is Possible if #DOT hold $40-$44
I can expect bounce back from this Level.
First $DOT need to break $54 resistance which is Current All time High.
Above $54 Its Clear way toward $100
But Below $43-$44 Level I am bearish .
Support:- $43
Resistance:- $54
DOT/USDT Stop Loss hit what Next ?#DOTUSDT Update;
#DOT Stop Loss Hit.
But Who still holding what Next..?
As per Chart $DOT RSI already Oversold around 22
So I can expect bounce back and It can go Again $50+ so that would be Exit Point.
Support:$45
Resistance: $50.50
DOT AnalysisThe DOT token serves three distinct purposes: governance over the network, staking and bonding.
DOT soon launch Parachains.
Here's a quick look at DOT 4D char t . As we can see, the price has been showing a double top and going to test suppor t.We need to wait for btc price action because if btc take a correction then dot works perfectly in double top and go downtrend .
Just wait for next daily closing candle dot need to close above 49.61$ for being a bullish momentum.
Definitely one to keep an eye on .
The best entry at 46.54$ ,41.15$
Targets
1 54.36$
2 63.46$
For long term vision
You can take part in Polkadot Auction .
Easily make 3-4X
PolkaDot gona boom boom in upcoming days
NOTE - Need minimum 1 dot in your bag(MUST)
DOTUSDT , We are ready to go to the moon step by stepHello guys
We back with Dot
This amazing blockchain that is the future
In here according to our previous analysis the price exactly move from our buy zone and move to our target exactly , and we are in ATH and now we need some rest and pullback then we have rally to go to new target
The price can come down to 41$ but we should but in some step to have new price of buy and have nice R/r
Previous analysis :
Do it correct and go to GOD
Good Luck
Abtin
Polkadot price to explode to $100Polkadot price saw a massive uptick in buying pressure on November 1, which pushed it into the price discovery mode for a brief period. However, this run-up was based on fumes, which has led to consolidation under a crucial resistance barrier. A breach of this level is likely to propel DOT to new highs.
DOT/USD - Can we push higher? DOT consolidating.DOT had a fantastic week with a 24.8% price increase. This came due to a major breakout from the ascending triangle highlighted in blue. Dot quickly made past the previous resistance at $48 and continued up to reach the current resistance, which sits at $53
The indicators are on the bullish side and signal that there might be more to come from DOT before any significant correction. At the present time, DOT has to clear beyond the $53 resistance to expect further increases in price.
Looking ahead, DOT is one of the strongest altcoins in the market, with solid fundamentals that can propel prices to much higher levels. If DOT is successful in passing the current resistance, the next critical level will be found at $71.
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#DOT Will go to $100 #DOTUSDT has a good dynamic support at the area of 48 and continue the path to make a new high after small correction
If #Polkadot lose it's support at 48-49 next level is 46
polkadot targets in in midterm : 63 - 74 - 88 - 100
POLKADOT broke it's ATH, what's next ? As we saw on our previous analysis (28 oct), Polkadot were accumulating under its previous ATH and we talked about the high odds of polkadot breaking it.
Today, we saw that the all time high has been broken on a daily tf, with strong volume and successfully retested as a support. With this successfull breakout + flip of the previous resistance into support, we can expect some further growth on polkadot.
On the fundamentals part, polkadot is having the Parachains auctions these days, many companies are competing in those auctions in order to win the use of a Parachain for 96 weeks ... These events will bring lights to the polkadot ecosystem and bring some strong volume into it as the chart is showing !
100 USD is my first psychological target for polkadot !
The content covered in this publication is NOT to be considered as investment advice.
Thank you all,
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Have a Good day and Safe trade
Butterfly .D
/Metamorphose your portfolio
