DOTUSDT
USDT/DOT Speculative Trading IdeaBelow is a speculative trading idea for the DOT/USDT pair.
Currently, the asset's price has broken through an inclined level after updating the minimum at the price of $3.550 within the current global downtrend. After reaching the $3.550 level, there was a rebound, amounting to over 41% to the current price. This situation indicates an attempt to break the local downtrend in effect in 2023.
As we anticipate a price correction, we identify two entry points for the asset to continue the upward movement within this correction.
We place our first limit orders to buy DOT at price levels of $4.550 with a growth potential of 37% to the price level of $6.273.
We place our second limit orders to buy DOT at price levels of $4.220 with a growth potential of 50% to the price level of $6.273.
POLKADOT long term goalIs It Finally Time To Buy DOT As Polkadot 2.0 is Coming?
hello dear trader and investors
do you know( polkadot v2) faster than sol and kadena?
Is It Finally Time To Buy DOT As Polkadot 2.0 is Coming?
it is time for polkadot ’s rally
Polkadot 1.0 vs 2.0 —
A comparison between Polkadot 1.0 and Polkadot 2.0 highlights significant differences. The transition from slot leasing to a cumulative asset model will enable smaller projects to access Polkadot’s infrastructure without committing millions of dollars or locking up tokens for extended periods.
The number of available parachain slots is expected to increase from a limited 50 to a range of 500 to 1,000 cores, further expanding Polkadot’s capacity to onboard projects.
Polkadot 2.0 Launch Date —
Gavin Wood, Polkadot’s founder, has been actively involved in developing Polkadot 2.0.
While the technology is expected to be ready by late 2023, the official upgrade and release will occur in early 2024.
This timing aligns with the end of the major DOT unlock events, potentially setting the stage for a new wave of positive sentiment.
Polkadot 2.0’s new system for allocating block space could increase liquidity for the DOT token. Revenue generated from core time sales will be channeled into the Polkadot Treasury, and token holders will have a say in how these funds are distributed through governance. Periodic token burns are also being considered, which could make DOT deflationary and positively impact its price.
good luck
DOT/USDT 1HInterval ChartPlease see the chart of DOT in pair with USDT. First, we will use the blue lines to mark the downward trend channel, where the price is moving in the upper range, but in this channel, the yellow lines can be used to define the local upward trend channel.
Going further, we can move on to marking support areas when we start a larger correction. And here the first support is at the current price level of $5.23, then we have a support zone from $5.12 to $5.03, and then we have a strong support zone from $4.81 to $4.65.
Looking the other way, we see that the price has reached the resistance zone from $5.33 to $5.40, which it does not have the strength to break yet. However, if it manages to come out on top and out of the downtrend channel, it must overcome the zone from $5.50 to $5.63.
Please look at the RSI indicator, which indicates a rebound with room for the price to drop to a lower level, while if we look at the STOCH indicator, we will see that it is moving at the lower limit, which resulted in a slowdown in the correction and may result in a temporary price rebound.
DOTUSDTIs DOTUSDT exhausting at strong resistance level?
As the price is been on high bull run but now it seems like price is lacking bullish momentum after reaching at resistance level and bearish divergence suggesting the sell pressure is about to start.
If the bears took control , the 1st target could be 4.5
What you guys think of it
DOT Polkadot Price TargetIf you haven`t sold DOT here:
Then you need to know that Binance, along with its CEO 'CZ,' has confessed to federal charges and committed to settling fines amounting to $4.3 billion.
The crypto exchange “admits it engaged in anti-money laundering, unlicensed money transmitting and sanctions violations"!
The question arises: from where will these substantial funds be derived?
One possible source is Binance's Proof-Of-Reserves, which reportedly exceeds 100%.
Among the tokens impacted is DOT Polkadot.
I've set a short-term price target for DOT Polkadot at $0.41.
Looking forward to read your opinion about it!
Polkadot DOT to $150 - BUY & HODLPolkadot is a nice project, it has real value behind it.
DOT ( DOTUSD , DOTUSDT , DOTBUSD ) , like all others, is cooking something.
Cryptocurrency Markets will eventually start another Bullish Cycle.
However, for that to happen, first and last: bad news and bad bad things need to happen.
Why? So that rookies will give in and surrender.
That's how it works.
When people sell out of fear, I buy!
So, I have been, and will continue buying all major falls.
I am a Crypto Bull, what can I say... I'm not investing my bread money, and neither should anyone else.
It's for the long-term, and with a little bit of luck, I will put my son to a good school once he's of that age.
Yeah, that's why we keep buying all these :poop: coins. :D
So, let's get on with it!
My best buying level is: $2.5 .
The Fibonacci Time Zones & Cycles tell me that this December there is a good chance that Santa will come.
IMO, The 2nd wave of the Fibonacci Summation is here.
Patience is needed though, because this rocket needs to gather fuel for that trip to Mars.
I've decided to set the bull-leg time-frame for early '23.
Until then, I'm loading ammo: HODLer style LOL.
Technical Analysis:
* Elliott Wave A-B-C Pattern
* Harmonic Pattern: Bullish Cypher
* Ending Diagonal
* Bullish Divergence
* Fibonacci Retracement: 88.6%
* Fibonacci Extension: 127.2%
* Demand Zone
Good luck my fellow HODLer!
Richard
DOT target 712h time frame
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DOT broke the downtrend line and creating a small bullish flag(lower time frame). Also, DOT might start following the Dow's theory to go above previous high at 6, then this breakout will be validated. With Fibonacci analysis, we can have target at 7 and 8
TP: 6.8~7.3 / 8.2
SL: 4.77
Will DOT wake-up soon ? Hello Traders,
MIL:DOT is acting like an old man, but actually it might start to re-gain it's adulthood again soon
Seems like it's forming Bull Flag when looking to small timeframes
although if you switch to Daily timeframe you will find that it already broke a falling wedge with target towards 7.8$
based on hourly timeframe
MIL:DOT is trying to reach the top of the flag at 5.650$
at which we will need Huge buying volume to confirm a breakout from the bull flag towards the resistances shown on the chart + two 4h confirmatory candles.
On CRYPTOCAP:DOT.D dominance broke a falling wedge / descending channel too which somehow shows that we will have an increase on MIL:DOT dominance and Volume .
Thank you!
Have a nice day.
See if it can rise above 6.207-6.280Hello traders!
If you "Follow" us, you can always get new information quickly.
Please also click “Boost”.
Have a good day.
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(DOTUSDT chart)
DOT corresponds to a coin that is expanding the coin ecosystem.
And, it is one of the coins that has not yet risen above the MS-Signal indicator on the 1M chart.
Accordingly, the key is whether the price can rise above 9.262 and maintain the price above the MS-Signal indicator on the 1M chart.
(1W chart)
To break out of the bottom zone, the price must rise above 6.207 and remain there.
However, the section where a full-fledged upward trend begins is expected to occur only when the price rises above 9.262-10.1307.
(1D chart)
Currently, the M-Signal indicator on the 1M chart is located above 7.187.
Accordingly, it is necessary to check whether the price can be maintained by rising above 5.382.
If that happens, it is expected to lead to an attempt to touch the M-Signal indicator on the 1M chart by rising to around 6.207-6.280.
If not, you should check for support around 4.876.
If it falls below 4.876, it will fall into the mid- to long-term investment area, that is, the bottom, so be careful.
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- The big picture
The full-fledged upward trend is expected to begin when the price rises above 29K.
This is the section expected to be touched in the next bull market, 81K-95K.
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** All explanations are for reference only and do not guarantee profit or loss in investment.
** Trading volume is displayed as a candle body based on 10EMA.
How to display (in order from darkest to darkest)
More than 3 times the trading volume of 10EMA > 2.5 times > 2.0 times > 1.25 times > Trading volume below 10EMA
** Even if you know other people’s know-how, it takes a considerable amount of time to make it your own.
** This chart was created using my know-how.
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DOT/BTC , Accumulation zone?The price has been pushed to the plinth, the information space regarding the active is silent!
Will the formation of the accumulation zone or the reaction and food news, consistently upward growth?
The price is down 88.22% from its high.
We've been in a downtrend for 722 days.
Is it all that bad? I suggest you also watch the DOT/USDT publication.
Crab pattern.
(Create the illusion of a commodity that has no price. Buy what is based on your analysis, do not be manipulated! They turn your head in the other direction, in the direction of the spectacle, while backstage they are preparing the next scene for you!).
DOT/USDT , Accumulation zone?Indicates the average price before the asset pumps in 2020
The price is down 93.53% from its high.
We see each time on the weak reaction of the coin (breaking the resistance line of 434 days by 58.72%).
Now is in a descending channel of 462 days , the reaction to work out the wedge +42.40% - into the resistance of the upper boundary of the channel
The price is down to low values, pushing down, there is no positive news, is it all bad?
(Creating the illusion of a commodity that has no price. Buy what is based on your analysis, don't be manipulated! They turn your head in the other direction, in the direction of the spectacle, while the backstage is preparing the next scene for you!)
DOT/USDT Potential Bullish Trajectories? 👀 🚀 DOT Today analys💎 Paradisers, turn your attention to DOTUSDT as it showcases intriguing dynamics, currently positioned within a demand zone, hinting at high probability of a bullish trajectory.
💎 In recent developments, DOT managed to break free from a descending pattern, embarking on an upward trend. However, it faced resistance at the 4.622 supply level. The prevailing sentiment suggests a potential bullish push from the 4.285 demand zone.
💎 Yet, if the DOT doesn't maintain this momentum, it might find support and initiate a bullish trend from the 4.022 demand level.
💎 A breach below the 4.022 demand level could signal a bearish downturn. It's worth noting that while some newcomers might be inclined to go long, it's crucial to stay vigilant and remain a step ahead in the market.
DOTUSD request analysisThis chart are update from my previous analysis.
Right now DOT still channel up pattern, and already touch fibonacci support at channel up support, and broken channel down pattern with a strong candle.
Bullish will continue to reach previous resistance at $5.74
and we also have new bullish target at $6.41 as fibonacci 1.618 projection
*I draw path line, if $5.74 still hold bullish, our new support level at channel up support.
DOT/USDT 4H Interval ChartI invite you to review the chart of DOT in pair with USDT. First, we will use the blue lines to mark the downward trend channel from which the price emerged with dynamic upward movements, moving along the locally created upward trend line.
Going further, we can move on to marking support areas when we start a larger correction. however, here we have significant support at the level of $5.04, which has kept the price from further declines for now, only after it is broken, we can see the price return to the support zone from $4.51 to $4.14.
Looking the other way, for now, an important level for further increases is the resistance at the price of $6.09; only after it is overcome and positively tested will we be able to see attempts at further increases in the DOT price.
Please look at the CHOP index, which indicates that there is still energy to make a move, the RSI indicator shows a visible rebound, adding the STOCH indicator, which shows a reflection from the lower end of the range and visible room for growth, we can see a continuation of the upward movement before the upcoming correction.
SasanSeifi 💁♂ DOT ⏩ 5.50$ / 6$Hey there! In the weekly time frame, considering the break of the downtrend, the price managed to grow to the 4.80 range. In the medium term, the expectation is that the price will continue to grow towards the supply areas of 5.50 dollars/6 dollars. In case of growth, for a better understanding of the trend's continuation, observe how the price reacts to the resistance levels. The support range is at 4 dollars and 3.50 dollars. 📈💹🚀
🟢 Keep in mind that these are just scenarios, and it's important to conduct your own analysis and consider other factors before making any trading decisions 😊📈📉
❌ (DYOR)
⭕Of course, if you have any more inquiries or require further clarification, don't hesitate to reach out. I'm here to assist you!
🔹If you found this analysis helpful, please show your support by liking and commenting. Thank you! 🚀😊 🙌
DOT ANALYSIS🔮 #DOT Analysis
💰💰 #DOT was trading in a falling wedge patten and #DOT gave a prefect breakout. Now #DOT is facing a crucial resistance and If there is a close above the resistance then we will see a bullish move.🚀🚀
⁉️ What to do?
- We have marked crucial levels in the chart . We can trade according to the chart and make some profits. 🚀💸
🏷Remember, the crypto market is dynamic in nature and changes rapidly, so always use stop loss and take proper knowledge before investments.
#DOT #Cryptocurrency #Resistance #DYOR
DOTUSDT.1DBased on the market data provided, the DOT/USDT pair is currently trading at 5.119 USDT. Let's analyze the technical indicators:
Relative Strength Index (RSI): The 4-hour RSI is at 58.85, indicating a slightly bullish momentum. The daily RSI is at 78.94, which is in the overbought territory and suggests a possible price correction. The weekly RSI is at 52.69, indicating neutral momentum.
Moving Average Convergence Divergence (MACD): The 4-hour and daily MACD are positive, suggesting bullish momentum. However, the weekly MACD is negative, indicating bearish momentum.
Bollinger Bands (BB): The price is near the lower band in the 4-hour timeframe, indicating potential oversold conditions. In the daily and weekly timeframes, the price is closer to the upper band, suggesting overbought conditions.
Support and Resistance Levels: The immediate support levels are at 5.008 and 4.792 in the 4-hour timeframe, and 4.531 and 4.021 in the daily timeframe. The immediate resistance levels are at 5.233 and 5.514 in the 4-hour timeframe, and 5.977 and 6.700 in the daily timeframe.
In conclusion, the technical analysis suggests mixed signals. While the 4-hour and daily timeframes indicate bullish momentum, the weekly timeframe suggests a bearish trend. The RSI is overbought on a daily basis, suggesting a potential price correction. However, the price is near the lower Bollinger Band on the 4-hour chart, suggesting potential oversold conditions. Traders should be cautious and consider both short-term and long-term trends while making decisions. This is not financial advice, and market conditions can change rapidly.
POLKADOT helloo dear trader
polkadot breakout downtrend channel and ready for pump
Dot is always pumped first, then chainlink , but in this bullish market 2023 , the link is pumped first, then dot will be pumped,
polkadot will soon be above 10 dollars.
polkadot one of the best crypto currency project
goodluck