Polkadot
Polkadot (DOT)Polkadot is an open-source sharded multichain protocol that connects and secures a network of specialized blockchains, facilitating cross-chain transfer of any data or asset types, not just tokens, thereby allowing blockchains to be interoperable with each other.
Anyway, DOT chart is simple. First DOT made a big harmonic pattern. Then broke the harmonic pattern's right leg and entered an inverted wedge pattern. Now, it seems DOT has made a minor harmonic pattern, then broke the right leg and is going up. Let's see if DOT can reach the inverted wedge's upper line.
You Will Not Believe In This Polkadot DOT Target!Hello, Skyrexians!
BINANCE:DOTUSDT is one is the most hated coin now because it was introduced as a fundamentally strong crypto on the previous bull run, but on the current bull run it's performance is one of the worst in comparison with other tokens. Today we are going to show you why PolkaDot can be the sleeping giant and despite the great market cap can reach insane targets!
Let's take a look at the 1W time frame. If we consider previous bull run as a wave 1, price still has not broken its bottom. It means that DOT is still in the global uptrend. Bear market for this crypto has clear ABC structure which has printed the global wave 2. It has been ended in August 2024 with the green dot on the Bullish/Bearish Reversal Bars Indicator , which is strong long signal with the bullish reversal bar.
We expect that wave 3 has been already started and its targets can be measured by the Fibonacci Extension 1.61 and 2.61 levels. The first one is $89, the second $142.
Best regards,
Skyrexio Team
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Polkadot , key targetsOnce we clear the red resistance, we have no strong one’s till 28 and then 45 and as we remember Dot goes sharp and fast and hard catchable . We still have the chance to accumulate it cheap and hold it for breaking up ( I drew the accumulation box which is super cheap ) . I believe it’ll be able to reach it’s ath but It goes harsh and rough so better to hold it tight .
DYOR fam .
Polkadot Critical Momentum - Since 2015, Bitcoin showed me a glimpse of what decentralization could achieve – true empowerment of people through a trustless, resilient network.
- By 2020, Polkadot amplified that vision for me, giving projects the freedom to build their own blockchains and putting governance back in the hands of the people. It may seem utopian, but Bitcoin has already proven it's possible with POW (proof of work).
- In this 2024 pre-bull market, I’ve heavily watched BNB, Solana, and Toncoin bring in impressive profits.
- I’ve followed these projects since their inception. BNB, tied closely to Binance, shares its fate—if Binance falters, so will BNB. Solana’s development team holds substantial control, often restarting the blockchain when it encounters issues, which raises questions about its decentralization. Similarly, Toncoin’s future is tied to Telegram’s success, meaning that if Telegram fades, Toncoin would likely follow.
- All three projects – BNB, Solana, and Toncoin – have been heavily influenced by hype, memes, and venture capital backing.
- Back to the trend :
- Polkadot is at a critical juncture: if it doesn't break the downtrend, it could easily slide back to $3.60 or less, if it breaks up $5.50 is the next critical point.
- Cryptos remain highly volatile and unpredictable. Invest wisely, do your own research (DYOR), and approach each projects with caution.
Happy Tr4Ding!
DOT: Potential for 10x to 15x Gain!Hello, traders!
Polkadot is one project worth considering for the upcoming altseason. Currently, it is at a bottom, holding a support trendline that has remained strong for DOT since its inception, making a rebound likely.
We have a resistance trendline around $5.6, and once we break above it, we can expect a bullish rally.
Trade setup:
~ Entry: CMP
~ Accumulation: $3.5 to $4.1
~ Trade type: Spot or with maximum 3x leverage.
~ Period: Long-term.
~ Target: 10x to 15x gain.
Note: Always do your own research and analysis before investing.
Polkadot- I understand it may feel like a challenging time, but remember, fortune favors the bold.
- Using extreme leverage, whether 30X or 100X, won't lead to wealth.
- it often leads to losses.
- Instead, consider buying on the spot market; it's a more stable strategy. When the market dips, that's the perfect time to dollar-cost average (DCA) more.
- Hold your positions, stake wisely, and most importantly :
- exercise patience.
- it's the ultimate key to success.
- Keep an eye on the charts, watch for triple bottoms, track trends, and be mindful of bubbles and Fibonacci levels.
Happy Tr4Ding!
POLKADOT COMPRESSION ABOUT TO EXPLODEHey traders!
It's been a while since my last post in here. Despite that, I've been trading and charting like I always did.
Anyways, this is why I think CRYPTOCAP:DOT is pumping on the next months:
- As the rest of #alts , Polkadot has been on a compression structure since the manipulation on August. In my opinion, we are talking about a accumulation that will lead the price to reach the local ATH (11.00 - 12.00 USD)
- Context is great. #Trump seems to be the winner of US elections next week.
Don't take me wrong, I'm not a fan of #DOT and I think its time passed by. However, I don't think its crazy to see the #token dancing around 20.00 - 30.00 USD on the upcoming months.
Polkadot (DOT) Set for Potential Rebound? Key Price Action Signa👀👉 Despite recent downward pressure, Polkadot (DOT) is showing a bullish break of market structure on the 30-minute timeframe. I’m closely monitoring for a possible buying opportunity, guided by the key criteria discussed in the video. In this analysis, we’ll highlight the critical price action signals to follow and how to strategically position yourself for the next potential move. Disclaimer: This analysis is for informational purposes only and does not constitute financial advice. 📊✅
Polkadot (DOTUSDT) Falls Fast! TP1 Hit, More Targets in Sight!Technical Analysis:
Polkadot (DOTUSDT) on the 15-minute timeframe entered a short trade with a clear rejection of the Risological Dotted Trendline, signaling strong bearish momentum.
Key Levels:
Entry: 4.450
Stop Loss (SL): 4.534
Target 1 (TP1): 4.347 ✅
Target 2 (TP2): 4.180 (In progress)
Target 3 (TP3): 4.013
Target 4 (TP4): 3.910
Observations:
Price respected the Risological Dotted Trendline as dynamic resistance, confirming the downtrend.
After hitting TP1, Polkadot remains in a solid downward trajectory, increasing the likelihood of hitting subsequent targets.
Volatility is providing momentum, which could lead to quicker completion of lower targets.
Polkadot's bearish move continues to unfold as TP1 is confirmed. Watch for the price to challenge TP2 and beyond as this short setup gains further momentum.
Polkadot: Low Set!After Polkadot showed its first signs of an uptrend last week, we now consider the green wave (ii) complete. The same-colored wave (iii) should push the price above the resistance at $4.92. However, if the price slips below the support level at $3.61 (35% probability), we would need to place the price in the magenta wave alt.(ii), anticipating a decline into the orange Target Zone between $2.98 and $1.67.
DreamAnalysis | DOTUSDT The Market Turtle👋 Welcome back to DreamAnalysis! Today, we're analyzing DOT (Polkadot), a major player in the DeFi space, and exploring its future potential.
🌐 What is Polkadot (DOT)? Polkadot (DOT) is a multi-chain blockchain protocol designed to facilitate communication and data transfer between different blockchains. Its main goal is to improve interoperability between independent chains, enhance scalability, and ensure security through its multi-chain architecture. DOT, the native token of this network, is used for governance, staking, and bonding parachains (sub-blockchains).
📆 Weekly Analysis of DOTUSDT
In the weekly timeframe, DOT is sitting on a crucial support level. If this support (around 4.022) is lost and the price closes below it, a sharp decline may follow. If you're still holding this coin, it is advised to sell if this support level is broken.
📈 Entry Point for Buying
Entry for buying and holding in spot trading is clearly defined. After breaking the descending trendline and triggering the entry point at 4.814, you can consider buying with a stop loss at 4.022. Weekly DOTUSDT Technical Analysis
📉 Daily Analysis of DOTUSDT
In the daily timeframe, the coin is showing a strong downtrend. This time, the price failed to break the resistance at 4.919 and quickly dropped toward support, indicating weakness in the buyers.
If 4.005 support is broken, I personally will look to enter a short position, as the downward movement is in line with the trend.
Additionally, increased volume and the break of the RSI 28.03 level could signal more declines ahead, with the next major support around 3.852.
⏱️ 4-Hour Analysis of DOTUSDT
In the 4-hour timeframe, clear triggers for breaking support levels are visible, giving a solid indication of position entry for the upcoming week.
📉 Short Position
After breaking 4.022, I will consider shorting to ride the potential decline. Also, confirmation of the RSI breaking 33.44 will add more confidence to this setup.
📈 Long Position
more risky option would be to go long after breaking 4.251, especially with increasing volume. However, this is a higher-risk strategy given the market conditions.
💬 This wraps up today’s analysis. If you found this helpful, feel free to share it with your friends and leave a comment with your thoughts or any other pairs or coins you’d like us to analyze.
📌 These analyses are merely our ideas based on a chart that doesn’t follow strict rules. Technical analysis is an art, and these insights are not financial advice.
DOTUSD Is it really copying ETC's past Cycle?Polkadot (DOTUSD) appears to be following since its 2021 High (All Time High), ETC's previous Cycle of 2018 - 2021. As you can see on this 1W chart, the RSI sequences in particular between the two fractals are almost identical.
Lower Highs Double Tops leading to the Bear Cycle, then an RSI bottom leading to a price break-out above the 1W MA50 (blue trend-line) and on the 0.5 Fibonacci retracement level (on overbought RSI), finally followed by a new decline (RSI at 40.00), which in ETC's case when broken, led to the Bull Cycle's Parabolic Rally.
Right now it appears that DOT is on the 40.00 RSI Low, so naturally if it is indeed replicating Ethereum Classic's previous Cycle, we should see the price starting to rise aggressively towards the 1.5 Fibonacci extension. If that's the case, we can expect a High around $200 by the end of 2025.
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👇 👇 👇 👇 👇 👇
Will DOTUSDT Explode Soon? Critical Levels You Need to Watch!Yello, Paradisers! Is #DOTUSDT setting up for a powerful bullish move? Let’s dive into this analysis.
💎#DOTUSDT is currently testing a key resistance level at $5.127. If the price manages to break above this resistance and flip it into support, we could see a strong bullish continuation from this newly established zone. Over time, we’ve noticed #Polkadot consistently respecting the descending resistance, and recently, it broke upward and is now assessing that critical resistance.
💎However, it’s important to stay vigilant. The bullish scenario will only be confirmed if the price decisively breaks above $5.127 with strong engulfing candles and sustained momentum. Until then, we remain cautious.
💎But what happens if the price fails to break above $5.127 and loses steam? In that case, it’s clear that sellers are taking control. The key area to watch is the lower strong support at $3.895, which has been tested and respected twice. If the price rebounds here, the bullish case remains intact. However, a break below $3.895 would invalidate the bullish setup and likely lead to a significant price drop.
💎Stay focused, patient, and disciplined, Paradisers. The next move is crucial, and we must be prepared for both scenarios. Remember, consistent profitability comes from strategic trading and effective risk management.
Strive for consistency, not quick profits. Treat the market as a businessman, not as a gambler.
MyCryptoParadise
iFeel the success🌴
Alikze »» DOT | Ascending channel - 8H🔍 Technical analysis: Ascending channel - 8H
- It is moving in an ascending channel in the 8H time frame.
- It has been in demand recently after hitting the bottom of the channel again.
- According to the current form and structure, this upward movement can touch the targets specified in the chart with the support of the green box range.
- In the first step, the first target will be the middle of the 4.68 channel, after which it can continue its growth up to the first supply area.
- In addition, in the case of breaking and stabilizing above the middle of the channel, it will have the ability to grow up to the ceiling of the channel and the range of the second supply.
🛑 The most important resistance: ~ 4.68
💎 Alternative scenario: If the green box and the bottom of the channel are broken, the bullish scenario will be invalidated and the correction can continue until the origin of the movement.
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BINANCE:DOTUSDT
Polkadot: Gained Momentum!DOT initially slumped in the last seven days, but was able to recover fully. We now expect further advances to the upside. The green wave (iii) should ultimately stretch well above the resistance at $4.92. Afterward, we expect an interim correction before another rise completes the green wave 1. If, on the other hand, the coin slips below the support at $3.61, our alternative scenario (probability: 37%) will be activated. This wave count involves a setback into our orange Zone (between $2.98 and $1.67) during the magenta-colored wave alt.(ii).
Polkadot / DOT ( Hot or Not? )The price of DOT is $7.5 today with a 24hour trading volume of 777 million dollars. This represents a 2% price increase in the last 24 hours and a 22.00% price increase in the past 7 days
Polkadot is a platform that allows diverse blockchains to transfer messages, including value, in a trust free fashion; sharing their unique features while pooling their security. In brief, Polkadot is a scalable heterogeneous multi chain technology made by Gavin Wood, Robert Habermeier and Peter Czaban.
but is it hot or not? 4.5$ for Dot is a Dip and the next targets are 7.5, 7.9 and 8.3$. the next big resistance for Dot is 8.5$
Astar Network $ASTR will 40x - 130x this bull run!KRAKEN:ASTRUSD may be one of the most undervalued, under-the-radar cryptocurrencies at the moment.
Astar is the token of the Astar Network. Recently, it was announced that Astar zkEVM will transition to become #Soneium, the revolutionary #Ethereum CRYPTOCAP:ETH L2 launched by #Sony. The founders of the Astar Network and Soneium have announced and confirmed that the Astar Network is a special partner of Soneium and that there will be massive incentives and rewards for Astar token holders. Sony is the first giant tech and entertainment company to enter the crypto industry. Sony will launch a #crypto exchange in #Japan. Sony has a vast entertainment network - Sony Music, Sony Gaming, Sony Film will all be integrated within the Soneium network, so the Astar Network (& Token) will, als the de-facto coin of Sony, have massive utility, unmatched by any other cryptocurrency currently in existence. This insanely bullish news will finally lead to crypto Going Mainstream #GM - and here's your chance to be "in" before the masses arrive - and they will arrive.
This is the bullish narrative and news for #Astar.
However, the Astar chart also shows promising bullish signals.
1. There is a massive hidden bullish divergence on the weekly chart, indicating underlying strength.
2. There has been an EXPLOSIVE increase in volume near the lows. The insane increase in volume began prior to the Soneium announcement, which count hint at insiders accumulating.
3. On Balance Volume is also increasing EXPLOSIVELY, which indicates that the massive increase in volume was primarily due to BUY PRESSURE (buy volume), not sell pressure!
Now, how high can Astar Network go?
Currently, the coin is ranked #140 in terms of marketcap. Its market cap is $0.45b while its fully dilluted marketcap is $0.5b. This means there won't be many unlocks, and, in fact, the Astar Foundation has been burning tens of millions of tokens. The tokenomics are insanely bullish. Furthermore, the coin has very high volume, which means its a liquid coin.
SCENARIOS:
1. Astar bull cycle market cap = Polkadot's current marketcap --> 14x
2. Astar bull cycle market cap = 2x Polkadot's current marketcap --> 28x
3. Astar bull cycle market cap = Polkadot's 2021 marketcap peak --> 130x
4. Astar bull cycle market cap = half of Polkadot's 2021 marketcap peak --> 65x
--- Astar bull cycle market cap = the average of the above 4 scenarios --> 60x
5. Astar bull cycle market cap = Filecoin's 2021 marketcap peak --> 28x
6. Astar bul cycle market cap = Cosmos' 2021 marketcap peak --> 28x
--- Astar bull cycle market cap = the average of the above 6 scenarios --> 49x
--- Astar bull cycle market cap = the average of the two averages --> 55x
7. Astar bull cycle market cap = 20% of Polkadot's this cycle potential marketcap if price returns to previous ATH --> polkadot new ATH marketcap potentially 80 billion x 0.20 = 16 billion / 7.5 billion = 2.13 / 0.062 = 34x
8. Astar bull cycle market cap = 50% of Polkadot's this cycle potential marketcap if price returns to previous ATH --> polkadot new ATH marketcap potentially 80 billion x 0.50 = 40 billion / 7.5 billion = 5.33 / 0.062 = 86x
--- Astar bull cycle market cap = average of the last mentioned two scenarios = 60x
--- Astar bull cycle market cap = average of all the outcomes above (scenarios + averages of scenarios) = 637 / 12 = 53x
Based on these scenarios, a 53x could theoretically happen for the Astar token. The token checks all marks: extremely bullish reversal chart, incredibly bullish news + narrative, new token, good tokenomics, and potential future catalysts to fuel it rising even higher (like a listing on Coinbase, for example).
In my opinion, Astar could 53x from here.
The Astar Network chart looks like it is poised for a breakout. A break above the $0.1 level could trigger a parabolic move.
Finally, lets not forget that Astar Network token has been in a correction since January 2024, while most other coins have only been correcting since April. In other words: Astar's bear market is more advanced and could therefore, theoretically, reverse sooner than other coins.
Do with this information as you wish!
Is Polkadot going to make lower low?Yellow Line - BOS zone
White Line - Resistance of Bearflag pattern.
This is my idea on BINANCE:DOTUSDT and how it will go. We all know Dot is one of the top altcoins with huge potential. As you can see BINANCE:DOTUSDT is much likely to form a bearflag pattern before it goes up. If DOT ever reaches the 2.5-3 zone I would re-enter Long position again. You may think why 2.5-3 zone? isn't it going to make lower low? For me seeing a lower low is a confirmation that we are in a bearflag pattern and checking the bottom support line 3rd time is a huge confirmation to consider a Long Position. So time will tell!
Polkadot 2.0- So i predicted many times that 4.30$ was the bottom.
- And i was wrong, Polkadot is still young.
- Trading Altcoins is like that, it's really hard to predict a perfect bottom with a new project.
- it's much more easy with BTC because TheKing volumes are high and it stays around from many years already.
- Remember that Trading is trying to predict the future by looking at the past, more you have data from past, more the job is easier.
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- A bit FA here :
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- Polkadot did the same as Cardano's first bullrun, it went back to the start.
( i will post a Cardano Charts in comments )
- Actually it's not a sign of weakness, but an opportunity.
- Polkadot didn't make noise just because they want to build steady following some SEC rules.
- Now if you follow the news, you can find that Cardano, Polygon and Near Protocol are building on Polkadot's SDK, DYOR it more to get some more informations.
- With time Polkadot could be the mother of all blockchains connections and interoperability.
- Remember what they had to do with ETH when problems came around, they forked it for ETC ( Ethereum Classic ).
- Polkadot doesn't need any FORKs, everything can be changed by votes in the governance.
- The difference between DOT and ETH is very simple.
- Polkadot is scalable, Ethereum is not.
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- Trading Parts :
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- So Right now look at the graphic.
- DOT made a bottom around 3.60$. The exact same bottom it did in 2020.
- DOT is actually staying near a demand zone (6$).
- i do not recommend to buy now but wait for a retracement or a breakout from this area.
- To get peace of mind i would buy DOT after 8$, after that zone, it's a free fly!
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My predictions on DOT for the next bullrun are unchanged :
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- Security TP : 85$ ish
- Middle TP : 140$ ish
- Max ATH : 220$ ish
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- if you missed to become a Whale with ETH in 2016.
- Here yours second chance with Polkadot.
- Stay S4fe
Happy Tr4Ding !