DOT/USDT 4HInterval ChartThird, we will check the DOT chart on a four-hour interval. As we can see, the price has broken the downtrend lines, creating a current uptrend which we used the blue lines to describe.
Let's start by marking support points for the price and we can see that first we have a support zone from $4.73 to $4.51, however, if the price drops lower, we can see the price return to a very strong support zone from $4.15 to $3 $.89.
Looking the other way, we can similarly determine the resistance areas that the price must face. And here we see that the price is currently fighting against a strong resistance zone from $4.92 to $5.29, and when it manages to break out of it, it will be able to move towards the resistance at $5.76.
The CHOP index indicates that there is a lot of energy for movement, on the RSI indicator we are approaching the upper limit again, and on the STOCH indicator we will soon exceed the upper limit, which should result in a rebound for the price.
DOTUSDT
Is 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 Upward Momentum ?? Polkadot Analysis Today💎 DOT has certainly piqued our interest, achieving a breakout from the Descending Channel with a notable ascent. It would be beneficial for DOT to undergo a retesting phase initially, ensuring a stable corrective movement.
💎 Without this, DOT might reach the supply zone only to face rejection, subsequently descending to retest at the demand level or the resistance trendline of the former descending channel. However, should it manage to breach the supply zone promptly, DOT probability could advance towards its next milestone, the Bearish OB region.
💎 In the scenario of a strategic retest, it's imperative for DOT to exhibit a bounce or a sign of rejection, striving to re-engage with the supply zone and solidify its position above, thereby validating the breakout.
💎 Conversely, if DOT fails to rally, a troubling development might unfold, where DOT is unable to hold its ground at the demand zone, compromising the subsequent level. This occurrence would signify a false breakout, potentially steering DOT into a downward trajectory towards a robust support zone.
DOTUSDT Elliott Waves Analysis (midterm setup)Hello friends.
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Everything on the chart.
After correction will looking for new long position.
Entry: 5.4 - 5.2
Targets: 5.1 - 5.4 - 5.7
after first target reached move ur stop to breakeven
Stop: ~3.6 (depending of ur risk). ALWAYS follow ur RM .
RR: 1 to 3
risk is justified
Good luck everyone!
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It's not financial advice.
Dont Forget, always make your own research before to trade my ideas!
Open to any questions and suggestions
What will be the fate of DOT?We have a large diametric that has been a Polkadat symbol within this diametric for several years.
We are now in branch E of this diametric. The branch E has become a diametric itself. Now we seem to be in the F branch of E. We expect movements similar to what I drew on the chart.
For risk management, please don't forget stop loss and capital management
Comment if you have any questions
Thank You
DOT conservative targetsBINANCE:DOTUSDT
Polkadot most conservative targets
Possible Targets and explanation idea
➡️What we can't know its a timing. Dot now in 27 zone accumulation range
➡️End of bull run was in April/May 2021. I think by end of May 2024 we will hit targets
➡️Hard to say about new ATH for DOT but this is a most conservative targets take profit
➡️Based on my MP indicator we can see MACD div and big money inflow periods for DOT
➡️Time to out of Polkadot will be in orange zones on MP indicator with new bearish DIV
➡️Examples exit time you can find on a chart around October 2021
Hope you enjoyed the content I created, You can support with your likes and comments this idea so more people can watch!
✅Disclaimer: Please be aware of the risks involved in trading. This idea was made for educational purposes only not for financial Investment Purposes.
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• Look at my ideas about interesting altcoins in the related section down below ↓
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Polkadot's Critical Retest: On the Path to $22! 🚀Polkadot (DOT) is entering a crucial phase as it approaches a significant horizontal level and forms a descending wedge pattern, signaling potential growth that could lead to a target price of $22. 🟣💹
The Importance of Retesting Key Levels
In the world of cryptocurrency trading, retesting key levels is a pivotal event. It often serves as a critical turning point that can determine a digital asset's future trajectory.
Polkadot's Journey: The Descent and the Retest
Polkadot's recent price action has formed a descending wedge pattern. This pattern is characterized by lower highs and lower lows, creating a narrowing price range. Within this wedge formation, Polkadot is now conducting a retest of a vital horizontal support level.
The Next Target: $22
With Polkadot's recent performance and the retest of this significant support, traders and investors are looking toward a price target of $22. Achieving this level would validate the bullish sentiment and potentially open doors for further upside.
Trading Strategy: Navigating Polkadot's Path
For those in the crypto trading community, it's essential to monitor Polkadot's price action closely. This may present opportunities based on the retest dynamics and the subsequent potential move to $22.
Conclusion: Polkadot's Journey Continues
As Polkadot retraces and retests a critical level, the crypto market watches with anticipation. In the dynamic world of cryptocurrencies, every move counts. Keep a keen eye on this exciting journey, and remember that market conditions can change rapidly.
🟣 DOT Analysis | 📈 Technical Patterns | 🚀 Crypto Insights | 💡 Trading Strategies
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Share your thoughts, insights, and predictions. 💚🚀💚
Investments zones for PolkadotBINANCE:DOTUSDT
Here is my targets for investors who have a stable coins and waiting the best golden price for long term.
Everything in -0.18 and -0.27 zones what I've mentioned on a chart is good time to accumulate more DOT
On global daily Histogram since May 2021 drop we can see how price is break new ATH and going almost to the same bottom, but on histogram shows we are really soon can see the bottom and start new alt season to my conservative prices around 70 and 100 usd per DOT
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Thanks
🚧DOT is bullish now🚧 & many Traders don't see it 👀!!!As you can see, the price is in a Broadening wedge. If the price can break this wedge, we can hope that the price will act like a butterfly pattern and the price will grow well.
_ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _
✅Thank you, and for more ideas, hit ❤️Like❤️ and 🌟Follow🌟!
DOT - Still under ResistanceI've been tracking DOT for a long time, spotted the top at $55 back in Nov 2021 and the more recent bottom.
Looking at legacy TA, It looks like it remains under the resistance ceiling after this attempt. Not that exciting after events in recent days but there is a decent chance of a rally to $8 if it breaks. If late to the party, don't feel you need to FOMO in under resistance.
Best, HF
Top:
Bottom:
#POLKADOT #DOT Long-Term targets analysis#POLKADOT #DOT Long-Term targets analysis
During the years 2020 to 2021, a five-wave ascending structure can be seen on the chart, which has taken 2.618 times ascension time to correct these five waves from 2021 to today. Referring to the rules and instructions of Elliott Style Percher, the conditions that have been created for the dot currency so far are the rise in wave 1 and a deep correction in wave 2. For this reason, we expect wave 3 to have a higher height than wave 1 (except for exceptions). Based on these rules and laws and ratios and the relation of wave length three to wave one, it is possible to get an estimate of the price targets until the end of 2025.
The goals are:
Minimum desired target : 28
Target1: 48$
Target2: 97$
Target3: 240$
Target4: 750$
STOP LOSS: 3$
DOT.USD (Full Analysis Long Term)Hello my dear Followers.
How are you?
I hope you feel great.
It's a new day and I want to talk about Polkadot (DOT)
Please pay attention that it's NOT financial advice because it's just a new vision that belongs to me. and I'm sharing this analysis with you.
So, please be aware and watch the market.
So, let's go into details.
I used the Fibonacci channel to analyze this chart.
0 is the bottom of the chart. 0.5 is the midline and 1 is the top of the Fibonacci channel. and so on
I want to check this asset in the daily time frame. Based on the information we had, we are still in a bearish trend. And expect to drop more.
Today market raised and I think it's just a pull-back to a lost support.
Please don't FOMO.
This market needs to drop more. According to my latest analysis about USDT.D, I expect this item to still go higher and higher. although the DXY is bullish too.
BTC.D is Bullish Too.
if BTC.D is bullish and Bitcoin drops, the altcoins drop more than you think.
It means that the market needs more correction.
There are four support zones for this asset, but just two zones are essential.
Let me define these zones for you. I believe that the main zones for Polkadot are 2.06 and 1.07 USD.
I don’t want to tell you the Polkadot will drop to 1.07 USD, I just tell you this zone (1.07 USD) is the last support and it might never touch the price.
the main support for Polkadot is 2.06 USD.
You should buy your asset at the cheapest price, so, you should be patient.
I want to put in my order of 2.06 USD to buy a Polkadot.
By the way, you should watch the market. Because bad news is coming. And they are really effective in this market.
The main correction wave has not started yet.
I want to refer you to my last analysis of BTC.USD in a weekly time Frame. we are still in the B wave and the C wave has not started yet.
It was my duty to warn you and tell you all the truth.
Sooner or later, but the correction is sure.
Please be patient. Control your emotions.
Opportunities in the market flow smoothly like a river.
It was my duty to tell you all things you need to know.
Please don’t forget to write your comments ✍️✍️ Like 👍👍 and Share 👌👌 this vision with your friends.
And tell me do you agree with me or not?
Good Luck
Ho3ein.mnD
DOT is entering into bull market!Hello, dear friends!
We have some thoughts that DOT can start it's bull run right now. Talking about Bitcoin it has not clear setup, but DOT is finishing it's Elliott waves cycle.
The falling wedge pattern looks like the ending diagonal in wave 5. This wave also consists of 5 waves. Divergence with Awesome Oscillator confirms the potential reversal.
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Polkadot - $3 Looms as Sellers DominateHi Traders, Investors and Speculators of Charts📈📉
Polkadot is currently trading 93% under it's ATH. Although this is bad news for most bag holders, the good news is that the bottom is either in - or very close.
There's no doubt that a bullish cycle is overdue, but not just yet. Technical indicators on lower timeframes show bears are still dominating, and there's a chance the price could fall lower once more before the accumulation phase finishes.
Incase you missed yesterday's update on Bitcoin, find it here 📈
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BINANCE:DOTUSDT BINANCE:DOTUSD
DOT/USDT 1DInterval ReviewI invite you to review the chart of DOT in pair with USDT, on a one-day time frame. First, we will use the blue lines to mark the downward trend channel where the price remains.
Going further, we can move on to marking support areas when we start a larger correction. For this purpose, we will spread the trend based fib extension grid, and we can see a strong support zone from $3.91 to $3.48, as you can see, the price has returned to the levels from which it started in the previous bull market. However, if we fall lower, we may see a drop to the support level of $2.86.
Looking the other way, we see that the first significant resistance is the resistance zone from $4.53 to $4.80, then there is resistance at $5.13, and another strong resistance at $6.
Please look at the CHOP index, which indicates that the energy is running out, the RSI indicator shows that we are still moving near the lower limit, which gives room for increases, and the STOCH indicator is also above the lower limit, which may be an impulse for an upward movement.
Bottom section below 9.262Hello?
Hello traders!
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(DOTUSDT chart)
In fact, it can be said that it has entered the bottom section by falling below 9.262.
Accordingly, it can be said to be a coin (token) that does not correspond to the time of transaction.
(1M charts)
One silver lining is that the StochRSI indicator has been sloping.
Therefore, it is necessary to check whether it will not decline further and lead to sideways movement.
(1W chart)
It is falling below 4.876 and renewing a new low.
Accordingly, the key is whether the price can be maintained by rising above 4.234.
If not, we recommend stopping the transaction itself and observing the situation for a while.
I think it is difficult to say that maintaining the price by rising above 4.234 will result in an upward trend.
Therefore, you need to check what kind of support it receives in the 4.234-6.523 range.
(1D chart)
We are falling to an immeasurable point.
Therefore, it is better to wait and see if the price rebounds.
Therefore, when the StochRSI indicator breaks out of the oversold range, you need to check at which point or range it receives support or resistance.
If that happens, the HA-Low indicator is expected to decline.
At this time, the key is whether it can receive support from the HA-Low indicator and rise.
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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 - Rainy 24 Hours Ahead 🌧️ Bearish ScenarioCloudy and rainy trading conditions 🌧️ loom for the global crypto market in the next 24 hours, forecasting a bearish market with downside risk. Avalanche and Polkadot encounter extremely bearish conditions, hinting at an impending rebound.
Over a one-week horizon, the ☁️ cloudy trading conditions persist. However, Bitcoin, Cardano, and Chainlink glimpse a bit of bullish ☀️, suggesting a potential slight rebound.
Follow us for more crypto weather reports!
AVAX - Rain Ahead 🌧️; 24-Hour Bearish Trend Cloudy and rainy trading conditions 🌧️ loom for the global crypto market in the next 24 hours, forecasting a bearish market with downside risk. Avalanche and Polkadot encounter extremely bearish conditions, hinting at an impending rebound.
Over a one-week horizon, the ☁️ cloudy trading conditions persist. However, Bitcoin, Cardano, and Chainlink glimpse a bit of bullish ☀️, suggesting a potential slight rebound.
Follow us for more crypto weather reports!
DOTUSDT at weekly and monthly support confluenceThe price is trading at the confluence of weekly and monthly support. The upper side of this support range has already held the price twice in past and provided bounces. The first one was stronger than the second one. The second bounce slowly retraced and has come back into the support zone. I think this is the last line of a significant support at least for the pair on this chart. And I expect this support to hold and make the price reverse for significant move to the upside. The price still has the possibility to go a bit below and probably breach this support on intra weekly basis but it should not close below it. Overall, this one is looking good for the long side on high time frame but some smaller downside potential is still there and therefore slowly building a long position is desired and recommended.