PolkaDot DOT Is Ready For BounceHello, Skyrexains!
Looking at the dominance charts recently we predicted the altcoins run-up in the upcoming weeks and BINANCE:DOTUSDT will definitely take part in this bounce.
Let's take a look at the daily chart. Here we cans see that impulse could be already finished. We have 5 waves, true divergence between waves 3 and 5. The only one thing is that price has not reached the wave 5 target area inside the green box. But momentum is already reversing and if we will see the third green column on Awesome Oscillator it's going to be the huge confirmation for reversal. It's difficult to say if this is bear market bottom or not, but the bounce to $6.5 is very likely in April.
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Skyrexio Team
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DOTUSD
DOT the most important historical support!DOT / USDT
The price just toke the liquidity and come back above the most important suppprt level in dot chart with long green wick (strong buy action)
As long as the price continues to close above the current level we think for strong bounce in the coming weeks
However, if and only if the price lose this level on HTF DOT will make new lows
Conclusion: this support acts as DO or DIE for future price action … bullish as long as it stay above it but if it lost on HTF it will into strong bearish
Note: many coins have same chart
Best of wishes
DOT in coming days ...As you can see, the price has now formed an ascending wedge , which is promising. The price could rise to $5 after breaking this wedge...
Give me some energy !!
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Best regards CobraVanguard.💚
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⚠️Things can change...
The markets are always changing and even with all these signals, the market changes tend to be strong and fast!!
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Polkadot: Shaky SupportPolkadot remains weak, barely holding onto the round $4 mark on Friday. Primarily, we soon expect another sell-off below the support at $3.67 and into the orange Target Zone between $2.40 and $1.07. Once the low of the magenta wave is reached down there, the next major impulsive movement can start and carry the price back above the resistance at $5.38. If Polkadot turns sustainably upward now and directly breaks through the $5.38 mark, the next magenta impulse wave alt. will begin prematurely. In this 20% likely alternative scenario, the corrective structure (still ongoing according to the primary scenario) would have already been completed with the low of March 11.
DOTUSD: There is no better buy entry than this.Polkadot has been inside a huge Rectangle pattern since the October 19th 2023 Low that created the S1 Zone, a wide consolidation pattern whose top is the R1 Zone. The 1D RSI is already on a HL bullish divergence, identical to both prior bottom formations on the S1 Zone. Since the 1D MA50 has already been breached, we estimate that the price will start the new bullish wave soon. There is no better buy entry than the current level. Aim for the bottom of the R1 Zone (TP = 11.500).
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DOT in coming days ...The pattern has broken, and now I expect the price to rise to $5.3.
Give me some energy !!
✨We spend hours finding potential opportunities and writing useful ideas, we would be happy if you support us.
Best regards CobraVanguard.💚
_ _ _ _ __ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _
✅Thank you, and for more ideas, hit ❤️Like❤️ and 🌟Follow🌟!
⚠️Things can change...
The markets are always changing and even with all these signals, the market changes tend to be strong and fast!!
#DOT/USDT#DOT
The price is moving within a descending channel on the 1-hour frame, adhering well to it, and is heading for a strong breakout and retest.
We are seeing a bounce from the lower boundary of the descending channel, which is support at 4.40.
We have a downtrend on the RSI indicator that is about to be broken and retested, supporting the upward trend.
We are looking for stability above the 100 Moving Average.
Entry price: 4.43
First target: 4.50
Second target: 4.57
Third target: 4.64
PolkaDot DOT Has Just Confirmed The Huge Reversal!Hello, Skyrexians!
Recently we made analysis on BINANCE:DOTUSDT where pointed out that the reversal is likely, but not confirmed. Now we have the reversal signal even on weekly. Moreover, we know that you don't like DOT and argue when we draw the unbelievable targets. Toady we will show you the realistic one.
Let's take a look at the weekly chart. We can see two confirmed green dots on the Bullish/Bearish Reversal Bar Indicator . Moreover there bars have the great angle with the Williams Alligator. Even if we will not count Elliott waves it's enough to have an idea that bull run is starting now. The realistic target is located at 0.61 Fibonacci zone approximately at $30-$35.
Best regards,
Skyrexio Team
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#DOT/USDT#DOT
The price is moving within a descending channel on the 1-hour frame, adhering well to it, and is heading for a strong breakout and retest.
We are seeing a bounce from the lower boundary of the descending channel, which is support at 4.22.
We have a downtrend on the RSI indicator that is about to be broken and retested, supporting the upward trend.
We are looking for stability above the 100 Moving Average.
Entry price: 4.30
First target: 4.37
Second target: 4.46
Third target: 4.57
Be careful with DOT !!!the price can form a head and shoulders pattern. If that is happen, expect a significant price increase.
Give me some energy !!
✨We spend hours finding potential opportunities and writing useful ideas, we would be happy if you support us.
Best regards CobraVanguard.💚
_ _ _ _ __ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _
✅Thank you, and for more ideas, hit ❤️Like❤️ and 🌟Follow🌟!
⚠️Things can change...
The markets are always changing and even with all these signals, the market changes tend to be strong and fast!!
PolkaDot DOT Has a Chance, But Still In Danger!Hello, Skyrexians!
Recently we have already made analysis on BINANCE:DOTUSDT before the dump, where pointed out that wave 5 to the downside ahead. Asset has finally reached the minimal target at $3.8 and now we have a question if it's going to reverse or $2 is next.
Let's take a look at the daily time frame. We can see the Elliott waves structure and wave 5 can be finished anytime now. Our best practice to find the reversals is the green dot on the Bullish/Bearish Reversal Bar Indicator and the divergence with Awesome Oscillator. Now we can see all these conditions, but bullish reversal bar is still unconfirmed, while it's high is going to be broken, the danger will be melted, but now we still have a chance to go down.
Also wanna notice the false signals on the indicator. All of them are placed inside the range and cannot be counted as valid. Take it into account when use it.
Best regards,
Skyrexio Team
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Polkadot trade update! (At point of execution)BYBIT:DOTUSDT.P
Going back to my polkadot interest on the 7th of march i was saying that i would be sleeping on this until it got to my point of execution... at this point im putting a limit order in for a 1:6 on the 15M.
If you go back to my last post on polkadot (should be linked to this one) you will see my circled points of support, I was able to set this trade up with both of them major support levels with my stop loss below both.
Now its set and forget. This trade is COMPLETE
Win or Lose! IM HERE
Thanks guys
Polkadot Crypto- nothing will happen until we break this channelPolkadot has been in a descending channel for quite some time now. No bullish action can occur until this channel breaks either up or down.
If it breaks down $3.6 is a major support that will probably be bought heavily
If we break out and close above $5.75 altcoin season has probably begun.
Remember first bitcoin goes up, then big marketcap alts like Ethereum, Solana, XRP, BNB. Next are the medium cap alts like chainlink, LTC, and polkadot.
If polkadot is able to release Polkadot 2.0 there could be a a lot of hype and maybe polkadot can reach all time highs but thats only if the altcoin market pumps into 2026 otherwise JAM speculation will hit as the altcoin bear market begins.
Exciting price action to come.
#DOT/USDT#DOT
The price is moving in a descending channel on the 1-hour frame and is expected to continue upwards
We have a trend to stabilize above the moving average 100 again
We have a descending trend on the RSI indicator that supports the rise by breaking it upwards
We have a support area at the lower limit of the channel at a price of 4.50
Entry price 4.60
First target 4.72
Second target 4.85
Third target 4.99
Polkadot: Now It’s Crunch TimePolkadot has been unable to resist the widespread downturn in the altcoin sector, giving up much of its recent gains after a solid performance in recent days. Our grayed-out Target Zone for the low of the green wave is coming back into focus – though under our primary scenario, DOT shouldn’t fall much lower in the short term. If the coin drops below the $3.80 support, however, a new bear market low in our orange Target Zone between $2.40 and $1.07 will be on the horizon. In this 39% probable alternative scenario, the coin would erase all gains since the low in October 2023, implying a new bottom for the magenta wave alt. . In our primary scenario, we expect renewed buying pressure soon, which should allow the green wave to surpass the resistance at $5.38.
PolkaDot DOT Needs To Crash More Hello, Skyrexians!
As you know, globally we are very bullish on BINANCE:DOTUSDT and our previous analysis on the weekly time frame is still valid, but locally it still has not reached the bottom. Current value of fear and greed index is extreme fear and it will not allow DOT to drop immediately, some bounce is anticipated, but after that bears can take control again.
Let's take a look at the daily chart. We can suggest you this Elliott waves counting, may be it's not 100% correct, but the only one thing we need to know. The drop, which we have seen on February 3 was the wave 3 according to minimum Awesome Oscillator value. While it has not crossed zero line price is in wave 4. Yesterday we had a chance to finish this night mare, but price is pumping again and it looks like it's going to reach $5.50 max and then continue printing wave 5 to the final target $1.9-$3.2. The key points for reversal is the appearing of green dot on Bullihs/Bearish Reversal Bar Indicator and divergence on AO.
Best regards,
Skyrexio Team
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Do Polkadot bulls have enough power to break the downside line?MARKETSCOM:DOTUSD Polkadot is flirting with its short-term downside resistance line drawn from the high of 6th of January. In order to shift our attention to some higher areas, a break of that trendline is required. But even then we will not get too comfortable with higher areas, as the rate might find resistance near our EMAs. Let's dig in!
CRYPTO:DOTUSD
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