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.
DOTUSD
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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DOTHello Everyone...
After breaking the channel and aiming to eat the shorts position
DOT is now flooring in the $ 25 range
Given that Bitcoin is in the important range of its price and support ... the risk of LONG position on DOT is less.
DOT Exchange Trading Idea 22-01-09DOT has bounced off what appears to be a strong level at $24 twice in the past few weeks and three times since August. That may be a floor for DOT. Still not sure how soon we will get a gain out of it though. Still waiting for the market to change overall.
Polkadot (DOT) - January 10Hello?
Welcome, traders.
If you "follow", you can always get new information quickly.
Please also click "Like".
Have a nice day.
-------------------------------------
(DOTUSD 1W Chart)
10.16-16.15 or more: Expected to create a new wave.
It must rise above the 33.87 point to turn into an uptrend.
If this continues, we should see support near the 20.27 point.
-------------------------------------
(DOTBTC 1W chart)
Over the 0.0003911-0.0004872 section: Expected to create a new wave.
You need to break out of the downtrend line to accelerate the uptrend.
So, you need to make sure you can keep the price above the 0.0005850 point.
------------------------------------------
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.
------------------------------------------------------------ -------------------------------------------
** 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.)
---------------------------------
DOT/USDT : Some similarities on lows !BINANCE:DOTUSDT
Hello everyone 😃
Before we start to discuss, I would be glad if you share your opinion on this post's comment section and hit the like button if you enjoyed it !
#DOT has showed a fractal repetition on the last local lows.
There was a fast relief sweeping out the lows and get to the lower lows again.
So there's an opportunity to have an aggressive long position on #DOT but there'll be three factors to watch for :
- Uncertain market structure + High volatility in ALTs right now
- Local liquidity pool located at 36K on BTC's chart ( There'll be our last leg down into 36K for institutional buyers ).
- Fractal suggesting that every relief on #DOT has an immediate drop; So it's very suggested to manage the profit targets !
📚 The lower order-block could be a good entry to take long and set our SL as a any breakdown confirmation below it.
I was planning to share the chart earlier today but I got to do some of my personal jobs and I guess we ran out of the entry...
But in any chance of revisit the entry; It could be good to have a taste on the LONG with very tight SL and also we need to engage only 4% of our portfolio on spot buy !
Hope you enjoyed the content I created, You can support us with your likes and comments !
Attention: this isn't financial advice we are just trying to help people on their own vision.
Have a good day!
@Helical_Trades
Pivot Yearly predictions for $DOT using hidden pivotsThis is a very basic trading idea published as part of my Crypto maket analysis for 2022.
It demonstrates the earning potential, predicted by Traditional Yearly Pivots.
On top of that, it uses my Hidden Pivots Indicator that is plotting additional levels of pivots from the R6-R10 and Support Pivots (If calculation allows it, as in many cases it won't) from S6-S10.
The Indicator plots automatically on each time frame.
You can have a look at it here:
And a deeper explanation of it here:
medium.com
In the case of $DOTUSD, you can see the four scenarios on the chart:
1.Likely in case of bear year - Downside to the S1.
2. Likely in case of bull year - Upside to the R1.
3. Likely on as very bullish cycle - Upside to the R5.
4. Likely on a bananas rocket to the moon year - Upside R10 and beyond.
For the whole long read and analysis on the pivot side of the crypto market 2022, see here:
rotzeod.medium.com
DOT/USDT AnalysisEverything is visible in the chart.
Depends on BTC price action.
After the first target is reached move your stop to break even
Stop loss : (depending of your risk). ALWAYS follow your Risk Management
Risk is justified
Good luck everyone!
Polkadot or Etherium?Straight to the point. In my opinion DOT will be a better performer than ETH this year.
As we can see DOT/ETH is in a falling wedge pattern with the price trending toward the upper line of resistance. A clean break would mean we are heading at a minimum back to the upper levels at around .025 but I believe we could really see much higher prices.
The 1.618 fib level is not out of the question in my opinion. This would put it's USD price at $183 if ETH is at a $5k price tag.
$DOTUSDT - Gartley and BatHello everyone!
Perfect Gartley and Bat patterns are on the watch for DOTUSDT.
We believe it is enough for crypto to go down and start showing some signs of rebound starting from this point.
If you trade futures, set your SL below A.
ichimoku trade : short positionthese positives can be a pullback to ichimoku cloud. then I put sell position at 40.26$ and put stop upper than cloud with buffer. if trend start, I will change stop with kijunsen.
by a parallel channel it should come to 30.38$.
other parallel channel shows a good support that is available at the picture(about 30$ but it is dynamic).
sell pos.: 40.26$
stop loss: ichimoku cloud(about 47$)
target: reach the stop loss of kijunsen(maybe about 30$)
Head and Shoulder Formation in DOT, perfect time to ??What you think PErfect time to open short position or long positon ?
According to Head and shoulder formation it should drop the price further dip till 15-18 usd
RSI is about 40 which indicates there is still place do go down
MACD is below 0 but it has also palce to go down
So all indicator show potential Short but of course in crypto all dependent on Bitcoin price fluctuation
if the market can reverse then we can talk bout the previous ATH levels
