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?
DOTBTC
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:- $54
DOT AnalysisThe DOT token serves three distinct purposes: governance over the network, staking and bonding.
DOT soon launch Parachains.
Here's a quick look at DOT 4D char t . As we can see, the price has been showing a double top and going to test suppor t.We need to wait for btc price action because if btc take a correction then dot works perfectly in double top and go downtrend .
Just wait for next daily closing candle dot need to close above 49.61$ 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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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,
If you enjoyed this analysis please mark a thumbs up and do not hesitate to share your point of view in the comment section.
Have a Good day and Safe trade
Butterfly .D
/Metamorphose your portfolio
DOT/BTC buy opportunityHi followers,
Watch BINANCE:DOTBTC which formed double bottom on a support area,
followed by impulsive move up and higher lows,
The next move up may retest the all time high.
Don't forget to manage your risk! 👌
Good luck and trade with care 🙏
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Disclaimer: This information is not a recommendation to BUY or SELL. It is to be used for educational purposes only!
DOT ( PolkaDot ) $50 Milestone completed and Ready to $100#DOT/USDT profit update:-
$DOT crossed $50 milestone.
Currently 58% up without leverage.
Hope you happy with $DOT profit.
Now..?
$DOT journey just began.
Only 100% away from $100 and my Target.
Now $45 is strong support ( Strong resistance became strong support)
Support:- $45/37
Resistance:- To the Moon
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