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
Dotusdtanalysis
DOTUSDT Analysis (potential x3 in midterm)Hello friends.
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Everything on the chart.
open pos: market and lower
target: 40 - 60 - 75
after first target reached move ur stop to breakeven
stop: im w/o stop (depending of ur risk). ALWAYS follow ur RM .
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!
DOT/USD: Bounce Higher Shakes Off Dust After Mid-Term LowsOn the 20th of December, DOT/USD was near the 23.5000 mark and treading depths not seen since late August. However, in the past week of trading, DOT/USD has climbed higher and produced a solid incremental surge and is now within highs not demonstrated since early December. As of this writing, the price for DOT/USD is close to the 31.6000 level and the price of Polkadot is correlating rather politely to its major counterparts which have seen gains the past week.
Before traders decide to jump on the bandwagon based on the belief another surge higher is about to be exhibited by DOT/USD, they should make sure they keep their ambitions in check. The holiday season can produce strong volatility due to volumes being rather light and producing imbalances. This allows big trading positions in which Polkadot is being bought and sold via exchanges and cryptocurrency wallets to effect values quickly.
On the 4th of November, DOT/USD was trading near 55.0000 and had punctured highs made in May of 2021 with a strong demonstration of strength. However, since attaining these apex highs almost two months ago, Polkadot has struggled to find renewed buying momentum and it has gradually traversed lower, hitting rather nervous depths only one week ago. While the run upwards the past few days has been impressive and scored large percentage moves for short-term traders, the trend should be viewed cautiously.
As DOT/USD continues to bounce along the 31.5000 to 31.6500 level, traders may prove wise to wait to see if the early December values can actually be challenged. Conservative traders who are opening new positions of DOT/USD and want to wait for the next surge of momentum higher to indicate an ability to penetrate resistance levels may want to wait for the 31.9000 level to be penetrated and sustained.
Aggressive traders who feel that DOT/USD has ability to climb higher in the short term and want quick trades could look at this resistance as a take profit location. However, traders need to make sure their transaction fees allow them to look for fast trades if they are attempting to scalp pips.
Traders who are skeptical of the sudden rise of DOT/USD and want to be sellers may look at the current price realms as overbought. They should use stop loss orders correctly in case their technical analysis doesn’t meet expectations. DOT/USD is in an intriguing trading area and speculators may be attracted to the cryptocurrency if they want to make short-term wagers.
Polkadot Short-Term Outlook
Current Resistance: 31.9100
Current Support: 30.6700
High Target: 34.2500
Low Target: 28.1100
Dot analysisHere's a quick look a DOT 3HR chart. As we can see, the price has been showing a good support zone at 28.06$ . We see S/R flip from that support .
DOT need to break 29.39$zone and retest it .
Now its time to wait and hold it
Definitely one to keep an eye on .
The best entry at good Support level now.
Short Term Target-According to fib level
31.12$
32.97$
34.49$
35.52$
DOT/USDT - Potential 89% SetupHello Traders!
The upward movement of DOT has corrected to the Fibonacci level of 0.618, as a result, the price stands in the buyers zone of interest of $25.00 - $28.50.
This opens up a good potential for a medium-term trade with a good risk/profit ratio.
We can look for buy entry in the range of $26.00 - $30.00
The position should be closed by the stop-loss if the price goes under the mark of $21.75.
The profit taking targets will be price levels of
$39,00
$45,50
$54,00
Good luck and watch out for the market
P.S. This is an educational analysis that shall not be considered financial advice
Polkadot Future is BrightFast update.
- Let me be clear on Polkadot, we didn't break any up trend while BTC was dipping.
- As you can see on the Graph DOT bounced on his trend (White Line) ( Actually EMA100 / 1D TF).
- Acala Network Won first Parachain.
- Second Parachain Round just started.
- Don't forget that Polkadot huge ecosystem, not same as Solana (Smaller), it will take more time but the long term finality could be impressive.
- Unless TheKing not fails Polkadot won't dip more, like most of all altcoins.
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Trade Plan Unchanged
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TP1 : 75$ ish
TP2 : 100$ ish
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i will add in comments olders analysis.
Stay S4fe and follow the King!
Happy Tr4Ding !
DOT USDT SetupThis is my DOT USDT setup, DOT can go to demand area sooner or later, there are bearish divergence on weekly and daily timeframes, and the trendline has been broken, the target price is based on supply & demand and fibonacci, you don't have to open short position, if you want to buy DOT, you should wait until the price arrives to the demand area.
DOTUSDT Polkadot TA & Trade IdeaJust taking a look at this Polkadot chart. We've traded down to a key support level on the higher timeframe. The market is also overextended with somewhat of a liquidity void above the current price level. I would be interested in a potential sell if we break the current/previous low, then re-test and fail. That would be my cue to short this. The other thing to be mindful of is the higher highs and higher lows forming meaning the potential is also there for a reversal. Bottom line if we break the current level retest and fail I would be interested in shorting.
DOT/USDT 1 DAY UPDATE Welcome to this quick Update, everyone.
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I also post altcoin setups on Spot, Margin, and Futures .
I have tried my best to bring the best possible outcome in this chart .
DOT/USDT is making huge cup and handle pattern Broke out the support level and retested it.
Entry: ACCUMULATE BETWEEN $34 TO 35.5
Targets: 80% TO 100%
Stop Loss: BROKE OUT AND CLOSE DOWN SIDE THE WHITE SUPPORT LINE
What's your thought on this?
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#PEACE
DOTUSDT Another Bull run!!DOTUSDT (1D Chart) Technical analysis
DOTUSDT (1D Chart) Currently trading at $38.5
Buy level :Above $36
Stop loss: Below $26
TP1: $46
TP2: $54
TP3: $75
TP4: $100
Max Leverage 2x / Spot Market
Always keep Stop loss
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DOTUSDT AnalysisHello friends.
Please support my work by clicking the LIKE button(If you liked).Thank you!
Everything on the chart.
open pos: market and lower
target: 50 - 60 - 72
after first target reached move ur stop to breakeven
stop: ~30 (depending of ur risk). ALWAYS follow ur RM .
risk/reward 1 to 3
risk is justified
Good luck everyone!
Follow me on TRADINGView, if you don't want to miss my next analysis or signals.
It's not financial advice.
Dont Forget, always make your own research before to trade my ideas!
Open to your questions or suggestions.
DOTUSDT , The price is in ...Hello guys
whats up ? Are you in profit or not ??
According to the chart you can see the price is it in upward trend and we are in correction wave , We shown on chart 2 zone and we expect that the price can support from there and can rise to the target
You can buy step by step in their zone
DOT is one of the most powerful project that wanna make connection between blockchain with parachain and ...
Previous analysis :
Good Luck
Abtin
Will DOTUSD cross $50 ??As we can see from the chart
DOTUSDT is in support zone if it is break then we can see pump and surely it will go high.
If u take my suggestion,going by the trend I believe it will cross $50 and potentially reach closer to $65.
Good luck everyone!
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POLKADOT(DOT) 1H NEAR FUTURE PREDICTIONTechnical Analysis Summary (POLKADOT)
DOT/USDT
TREND ANALYSIS
We have 3 downtrend which is currently active in red
The wider the stronger the downtrend
FUTURE PREDICTIONS
We have many resistanse and support levels that I have mentioned above.
I use thickness as an indicator of stregth of levels (ONLY FOR VISUALS).
Yellow support level are levels from the past (more for explanation purposes rather than entry points)
Good luck everyone, stay safe!
If you need help don't hesitate to send me a message or comment
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