Simple but smartHi guys
Form a very beautiful and accurate triangle. You can enter at this point or wait and then buy if the triangle is broken from above
Do not pay attention to shadows
Please like and follow for support
DOTUSD
POLKADOT and an IMPORTANT DECISION before END OF JANUARY 2022!ALL traders and hodlers of Polkadot wait to see what will happen before commencing February 2022 reaching the price to the new resistance of 28 and attacking to the other levels by taking more volumes during February.
let's see and stay tuned with me during the next month to see the power of paracchains' mother, the majesty of Polkadot and web3!
:)
DOT on correction railAfter a long bull run, Dot needs to get some rest and refuel. 12-15 will be a good area for the end of correction.
Dot can lose half of its valueLike a lot of coins, Dot is not feeling good as well
After a run that started in July and ended with a new ATH in first days of November, Dot has started to roll back and now is trading exactly in the horizontal support
The price action from September by now can be also viewed as a large H&S and a break under the neck-line could accelerate losses.
If the selling pressure in the crypto market continues, I would net be surprised for this coin to drop to 10-12 support zone.
Only price back above 32 would put a pause to this bearish scenario.
One more pump for DOTBTC before a dump?Of course this is conjecture but given BTC's market dominance I could see this scenario playing for DOTBTC.
I could see DOTBTC having a decent pump to test the top of the rising channel trend line. Which depending on where BTC is at the moment could put it between $30-$33 USD and retesting the DOTUSD local high range.
If we assume that BTC dominance has bottomed and will turn around over the next few weeks then I think it's reasonable to see DOTBTC dump to the bottom of it's macro trend line before reversing and eventually breaking out of its macro symmetrical triangle.
To me this is the bullish scenario if we assume that BTC dominance is going be reversing sometime soon. If BTC dominance crashes and we go into an alt season then everything changes and we reevaluate.
One of largest Metaverse Projects on PolkaDot: Bit.CountryJust a quick fundamental update on DOT - one of 2022's top Metaverse projects that is in early access mode and has a parachain slot on kusama already is on PolkaDot!
The PolkaDot ecocystem is going to grow exponentially in 2022 and it will be led by all sorts of projects from DeFi, to computational data layers, to gaming / metaverse / P2Es and NFTs. This is a longer term bullish catalyst for DOT and its massively growing ecosystem. Bit.Country is already in early access mode and will have some much larger announcements in coming days... typically when there is no news at all and sentiment is low, it's a good idea to accumulate before the major rush of investors come swooning in.
bit.country
Polkadot shortPolkadot bounced off the resistance level. Asset broke trough the ascending trendline. Bearish movement to resistance level at 23.1 is possible.
DOT Exchange Trading Idea 22-01-16DOT seems to be showing strength from that $23.91 level. A small retracement this week but otherwise upward momentum. Currently entering the 50-61/8% zone. If you want to watch this crypto and see if it bounces off that level again it may be a good short-term idea.
$DOT needs to head to $30 asap, critical moment!Hopefully we can make meaningful movements above $28 and break above this upper part of the range where we’ve found resistance. Otherwise that’s a double tap at rejection levels, meaning we could see some downside to the lower 20s.
DOT, SIGNAL, DAILY TRADE, POLKADOT#DOT Who doesn’t love a cup and handle continuation that plays out this perfectly?
DOTThe trend is in the range on a daily TF, fluctuating between $ 24 and $ 33. If DOT can break the $32 resistance, the $38 and $45 targets will be activated. The range trend is active; buy at the bottom of the trend and sell at the top.
DOT: Pontem Network Dev Activity Increasing FB DiemBy now if you've been reading my content you will know that PolkaDot and FaceBook Diem have some interoperability as Pontem Network is building a bridge b/w PolkaDot and FB Diem to allow interoperability between the two ventures.
Diem will be a stablecoin that allows one to interact digitally with USD, Euros, Yen, GBP, etc and also a composite digital coin called DX that will weight each global currency in a basket. Diem has not announced yet what that basket will look like but it will probably mirror something pretty close to the IMF's SDR (Special Drawing Rights) which was actually originally defined as 0.888671 grams of fine gold.
Pontem Network Github Activity
At any rate, developer activity on Pontem is now picking up as registered by number of Github events. The number of events has really begun to tick up in 2022 which means we are likely to see FacebBook announce the launch of Diem soon (Q1 2022?). It was originally slated for year-end 2021 but considering FB is waiting for regulatory approval from the US Treasury which has already been green-lighted by Yellen verbally, we should hear some more chatter in the coming days/weeks from the Fed and Treasury regarding Diem's approval (which is going to happen, just a matter of when). The fact the github events are increasing in frequency though tells us that we are likely approaching that key date. At any rate, so far devs can already begin creating dApps for Diem using PolkaDot's substrate since Pontem is the network designed to use the same protocol language as Diem (Move). To see the dev activity, check out the chart in the below link.
Pontem already is officially named as a PolkaDot auction contender on Parachains.info website:
parachains.info
Also, Pontem has been given a Web3 Foundation grant which means it is a serious project building on PolkaDot if it's given this sort of preference to help speed development.
Lastly, the 16 investors backing Pontem are the best in the industry and unsurprisingly so considering how much impact Pontem will have connecting DOT and Diem - list below (see the list in the above link):
Alameda Research
NGC Ventures
Kenetic
Altonomy
Animoca Brands
AU21 Capital
CMS Holdings
Delphi Ventures
GBV
GIBC
Mechanism Capital
Momentum 6
Morningstar Ventures
ROK Capital
Spartan
Taureon
With that said, it's my opinion that DOT has bottomed using the modified pitchfork and is now on its way to new ATHs. I think we will see triple digits in DOT by Q2 2022. Fib timezones suggest end of February could be an integral date to watch - I think we hit a new ATH by end of Feb, heading into March as we begin hearing more about FB Diem and as more Parachains launch and the current parachains begin producingng more dApps like Acala and Moonbeam. Exciting times for DOT
DOTUSDTBINANCE:DOTUSDT
He was able to break his own trend line
And start moving and this can be a good shopping point
UPDATE: DOT UP 12+% after 4h bull signal - Scalper AnalysisPlease Like or Follow if you enjoyed this content.
UPDATE: The price jumped 12+% after bullish signal. DOT broke resistance at 25.70. Now moving slowly to 28 USDT. Afterwards 30 USDT is next target. Price is currently consolidating under a resistance block. RSI looks prepared for another leg up. Breaking 70 is where the magic happens.
This analysis is made with my "Supertrend Ninja - Clean". It displays only the last few signals. Which gives it a clean look. Currently DOT is in an uptrend. Remember you don't need to buy the bottom. You just need to ride a big part of the uptrend. "The Crypto market is a device to transfer money from the impatient to the patient.”
Supports and Resistances are highlighted as grey blocks. Profits can be taken at each grey block. Supports and resistances are automatically drawn using my indicator "Yo Show Me Some Support - and Resistances". Pun intended.
Thank you for reading.
Namasté 🙏
What Indicators Do I Use:
In the chart I am using my "Supertrend Ninja - indicator", which is a trend-following indicator (Green and red vertical line with arrows). When the background of the candlestick closes green (vertical line) with an upwards pointing pink arrow. It indicates a possible bullish (up)trend.
With each trade proper risk management is essential. Either by using my script "Trailing Stoploss Bottom Activation indicator", visible as grey dots below the candles. Which sends an alert, when current price goes below the previous candle low. Or using my "HA Trailing Stoploss Activation", the indicator below with green and red blocks. Or third option, exit when the Supertrend Ninja indicator displays a vertical red line with a downwards pointing black arrow. Remember, the first stop(loss) is always the cheapest stop.
Disclaimer: Ideas are for entertainment purposes only. Not financial advice. Your own due diligence is highly advised before entering trades. Past performance is no guarantee of future returns.
Simple but smartHi guys
We see the price hitting the channel ceiling and the reaction to the channel ceiling was observed, so it can be a signal to exit. But if the price breaks from the channel upwards, it can be a good option to buy, although it is more likely that the trend will not have such strength.
Do not pay attention to shadows
what is your opinion?
If you like this analysis, please like and follow 🙏
Dot Game in Simple ChartI'm Seeing Dot Falling Below Yellow Line I don't recommend you to take any long position if you want to take short DYOR
DOTUSDT, Nice supported in key point levelHello everybody
DOT is one the most powerful project that is amazing in crypto because of the do the team that have heavy powerful fundamental analysis
According to the chart and previous serial analysis, We shown on chart 2 3 buy zone level that you can buy step by step to reduce average purchase and we shown on chart the key point level that is important point because if this key was lose and we can consolidation below the key level the trend can be change to downward and we see lower price but the price exactly supported in key point level support.
If you check that level you should bought in bottom of price and now you are in profit.
At this time just manage your portfolio and position, we shown on chart first resistance zone that the price can reach to them and we will update more target after the price can cross this resistance.
Good Luck
Abtin
Previous analysis :
Death cross! in Polkadot* Death cross is technical chart indicator appears during huge sell off, it occurs when the short-term moving average ( 50MA ) crosses below the long-term moving average ( 200MA ).
* Including with the death cross DOT also appears with a Head and Shoulder pattern with it's Important support as Neckline around $23.
* If price moves below the neckline we can expect heavy drop in price
DOT. Read the description. TRADE CALL: DOT is currently at strong support. Wait for daily closing below 23.5 to short it for 18.8-17.8. Once the trade is triggered, use 4h closing above 25.3 as your stoploss.
DOT👨🏻🏫 DOT is another coin which a lot of people call as looser of the 2021 (ADA, LTC, ...).
🤷♂️ I still do not understand why. I can understand some HODLer which bought DOT around 20 - 25 - 30. But if you check the history of DOT or if you analyse market cap., you need to say that DOT is a great and strong coin.
For trading you need to go with trend, sentiment and use TA. We are not gamblers and TA have some rules which you have to respect.
TP for ADA are:
✅ TP1 - 31 usd
✅ TP2 - 35 usd
✅ TP3 - 40 usd
⛔️ SL - 22 usd
💡Don't miss the great buy opportunity in DOTUSD @Polkadot
Trading suggestion:
". There is a possibility of temporary retracement to the suggested support line (25.17).
. if so, traders can set orders based on Price Action and expect to reach short-term targets."
Technical analysis:
. DOTUSD is in a range bound, and the beginning of an uptrend is expected.
. The price is below the 21-Day WEMA, which acts as a dynamic resistance.
. The RSI is at 71
Take Profits:
TP1= @ 26.47
TP2= @ 27.35
TP3= @ 28.51
TP4= @ 29.47
TP5= @ 30.33
SL= Break below S2
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