DOTBTC
PolkaDot DOTUSDT - HUGE breakout is happening! New bull market.- DOT is currently breaking out of the descending channel on the daily chart!
- On the weekly chart we a have higher highs and higher lows, so there is nothing wrong with the overall bull trend.
- Also an Impulse Elliott wave finished successfully with 5 waves to the downside, so now there should at least a retracement to 0,618 FIB.
- RSI horizontal line is breaking out too.
- Together with BNB we can experience solid gains.
DOTUSDT, We are going to reach to the new support levelHello everybody
As we have many request to update analysis of Dot, we will update it at the end :D
As you know, Dot is one of the most powerful project in crypto that is working on connection base between blokchain with parachain and ...
The founder of project is Dr.Gavin wood , he is one of the co-founder of etheruem and ...
If you know the fundamental of any project that can help you to knoe the road map and to diagnosis which one these many project are good and it can be worthy in future
According to the chart and our previous serial analysis , we shown on chart that we are in downward trend and until we are moving in this trend to the low we didnt have any permission to take long posotion because its against of trend and now according to the trend we expect the price to have some rise up to complete their correction then its ready to make new LL and make new breakwave .
You can take short position if you have signal in the resistance zone that we shown in previous analysis. ( Signal : like reverse hammer , descending cover , pattern price or ... )
Please guys dont forget use stop loss and observe capital management
If you re attractive of Dot you can check our previous analysis to know the movement :
If you have any question, send us messages
Good Luck
Abtin
Accumulating PolkaDOT I think it’s a good hold to add a for long term
My macro outlook is 2025 I see it rising 360+ not financial advice just my own thoughts and observation on a macro scale coupled with fundamentals
Also it looks like a Huge bullish pendant on the weekly that’s going to spring upwards to the heavens
Gavin wood is an extraordinary person with his work at eth and web3 as well as philanthropy efforts. I know this is the future tech.
All the best and 1love and peace
DOT - The Journey Of Two Paths...The much beloved Polkadot (DOT) is at a point of inflection in its journey. It has reached a point where it could have either a strong bullish or bearish run. In this trade idea, I will discuss each possibility and you can see which trade idea you would like to initiate.
TO BUY DOT?
How did we get to this point? When looking at DOT on the 1 Day chart, the price has fallen to a very longer-term level of resistance; dating back to 2020. This level of resistance is probably due to the large amounts of DOT that is staked and provides a strong level of support. If your Bitcoin thesis is that BTC has reached its lows and will start to consistently rebound, then this presents a good DOT buying opportunity
LONG: Enter at Current Market Price
Stop-Loss: $14
Take Profits: $22.50, $27,60, $30.80, $38.00
TO SHORT DOT?
DOT and many other alt-coins could have a bloody several weeks or even months if Bitcoin is not able to maintain its current price levels and BTC starts crashing down to the $20k range. With this, you could short DOT as there is no resistance from the current price levels down to the $7 range. Although many people have DOT staked for long periods of time, there reaches a point where the price gets too low for them and they start unstaking and selling.
SHORT: Enter at Current Market Price
Stop-Loss: $20
Take Profits: $10.30, $8.25, $4.20
Let me know your comments & opinions below.
Cheers!
polkadot is ready for Wave G NOTE :
Personally, I have been a staunch opponent of digital currencies for a year now, but as I said before, I have recently seen good endurance and demand in this bloody market, and now I hope to climb.
I think that the banks and financial institutions of the world, with the decline of all markets and its uncertain future in the war, have a good excuse to have a good profit in this market from the people.
Governments are also supporting the burning of money and the reduction of inflation
Polkadot (DOT) - March 3Hello?
Traders, welcome.
If you "follow", you can always get new information quickly.
Please also click "Like".
Have a good day.
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(DOTUSD 1W Chart)
If support is found above the 16.15 point, I would expect it to move above the 20.27 point.
However, to turn into an uptrend, it must rise at least 23.0 points.
If it falls below the 16.15 point, it is expected that the price will fall near the 10.16 point, so you need to trade cautiously.
(1D chart)
The 20.22-23.31 interval is an important interval that determines the trend.
Therefore, it is important to rise to the 20.22-23.31 section and find support.
The next volatility period is around March 12.
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(DOTBTC 1W chart)
0.0003 911 - 0.0004 872 section: volume profile section
If it falls below the 0.0003 911 point, it may move up near the 0.0003 242 point, so trade with caution.
It needs to rise above the 0.0005 287 point to turn into an uptrend.
However, it is expected that the uptrend will continue only when it deviates from the downtrend line.
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We recommend that you trade with your average unit price.
This is because, if the price is below your average unit price, whether the price trend is in an upward trend or a downward trend, there is a high possibility that you will not be able to get a big profit due to the psychological burden.
The center of all trading starts with the average unit price at which you start trading.
If you ignore this, you may be trading in the wrong direction.
Therefore, it is important to find a way to lower the average unit price and adjust the proportion of the investment, ultimately allowing the funds corresponding to the profits to be able to regenerate themselves.
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** All indicators are lagging indicators.
Therefore, it is important to be aware that the indicator moves accordingly with the movement of price and volume.
However, for convenience, we are talking in reverse for the interpretation of the indicator.
** The MRHAB-O and MRHAB-B indicators used in the chart are indicators of our channel that have not been released yet.
(Since it was not disclosed, you can use this chart without any restrictions by sharing this chart and copying and pasting the indicators.)
** The wRSI_SR indicator is an indicator created by adding settings and options to the existing Stochastic RSI indicator.
Therefore, the interpretation is the same as the traditional Stochastic RSI indicator. (K, D line -> R, S line)
** The OBV indicator was re-created by applying a formula to the DepthHouse Trading indicator, an indicator disclosed by oh92. (Thanks for this.)
** Support or resistance is based on the closing price of the 1D chart.
** All descriptions are for reference only and do not guarantee a profit or loss in investment.
(Short-term Stop Loss can be said to be a point where profit and loss can be preserved or additional entry can be made through split trading. It is a short-term investment perspective.)
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DOT/USD - Decision time $10 or $20 Next. 😱DOT is running out of space to move. Will it fall to $10 or break away and go towards the first key resistance at $20 and above?
Low timeframes signal for optimism that we could break above, but this weekly chart to me looks as if DOT can go either way.
The support here at $17 has done a good job these past three weeks... will it continue to hold?
My bias is rather neutral on this chart. Let's see what happens next.
Like and follow if you liked my idea!
DOT/USDT Long Term Exclusive Chart Analysis#DOT/USDT TA Update:-
$DOT break down $44 and I suggest to I will bearish below $40
So I was Exited that time.
Now Looking good to start accumulate.
Buying some here around $15-$18
And Stop loss is $14
Breakout Point:- $20
If $DOT break $20 then $DOT ready to toward $28
Most important Resistance level is $30
If Break upward $30 then I am expecting $100 Target.
But If break down $14 then I will buy more around $8-$10
Already-74% down from All time high.
Support:- $15/$10
Resistance:- $20/$28
DOT/BTC: Expecting Bullish MovementHi every one
DOT/ BTC
DOT/BTC is in a Broadening Wedge Pattern. This Means The Price has a Great chance To Still Range In This Pattern cuz There is No Break out Here yet. We Can See That The Price is right at the Bottom Of The Mentioned Pattern. So This Means The Price has a Great Chance to Increase From Here and Reach The Top of The Broadening Wedge Pattern Which is also a Resistance Zone For it as well. There are also Regular Bullish Divergences (+RD) On MACD & RSI which Makes Us Think The Expected Bullish Movement is Pretty Reliable.
What Is Polkadot (DOT)?
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 (explained further down).
Polkadot’s native DOT token serves three clear purposes: staking for operations and security, facilitating network governance, and 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.