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Polkadot

DOT/USDT Technical Analysis ( Bearish in Short Term )Currently, $DOT is trading at $5.70, indicating a bearish trend in the market. Based on the chart analysis, it is expected to reach the $5 target in the coming days. It is essential to keep in mind that the support level for $DOT is at $5.61, and if it breaks, the price may drop below $5. However, $DOT has strong potential for long-term growth, and investors should try to accumulate it during significant dips in the market. The following support and resistance levels should be monitored: Support: $5.61/$5.11 Resistance: $6.15 Please consider liking and appreciating my efforts. Follow me for real-time updates on the crypto market. Thank you. #crypto2023 #buildtogether #altcoins #DOT #PolkaDot
Short
by CryptoPatel
5
POLKADOT - BOTTOM IS IN!From looking at POLKADOT on a high timeframe, we can see that Polkadot has completed wave 2 PERFECTLY and the bottom is in. We are now looking to ride wave 3, we made one impulse to the upside and now we are correcting that move. See lower timeframe analysis for the breakdown. Trade idea: - Watch for the completion of the current correction - Enter at the break of wave 2, stops must be below the bottom - Targets: 14, 24, 54, HODL the rest Goodluck and as always, trade safe.
BINANCE:DOTUSD
by WicktatorFX
4
#Polkadot Retests Base of Bull Flag, Will DOT Bounce From $5.8?Past Performance of Polkadot Polkadot is steady at spot rates but remains pinned within a bear range defined by the end of last week's wide-ranging candlestick. The trend will shift unless there is a high volume expansion from spot rates, thrusting the coin above $6.7. Therefore, unless there are changes, how DOT reacts at the $5.8 support would shape the immediate term. #Polkadot Technical Analysis From volume analysis, sellers have the upper hand if DOT is within the bear bars of March 3 and 4. The immediate resistance lies at $6.3, while prices must hoover above $5.8 for the uptrend to be valid. The support forms the base of the bull flag following the retracement from February highs at around $7.5. A follow-through confirming losses of early this month might see DOT drop to $5, the 78.6% Fibonacci retracement level of the December to February trade range. Conversely, only gains above $6.3 with rising participation levels might see DOT resume the uptrend, driving the coin back to $6.8 and $7.5, respectively. What to Expect from #DOT? DOT is at a critical reaction point as bears retest the base of the bull flag. Any recovery above March 3 highs would be a net positive. However, considering the over 85% from December lows, the odds of a cool-off are amplified. Technically, gains above February highs would invalidate this bearish preview, paving the way for bulls to take control. Resistance level to watch out for: $6.3 Support level to watch out for: $5.8 Disclaimer: Opinions expressed are not investment advice. Do your research.
Short
by Bitcoin_Analyzer
1
DOT - false breakdown?Hello, everyone! Now it's time to make an update on BINANCE:DOTUSDT . We can see the upward trend channed which market maker used for the manipulations. There are 2 fake outs: one to the down and one to the upside. Now the price broke the support line again. I suppose if the price will be able to re-enter the channel we can see the scenario on the chart. But now it's bearish and we need a confirmation that the price have an intention to re-enter inside the channel. Best regards, Ivan
by Skyrexio
7
Polkadot: On the Dot ⌚️Polkadot has already made further progress in our primary scenario and should continue the downwards movement. We expect our crypto-friend to arrive in the magenta-colored zone between $6.49 and $6.06 on the dot to finish wave a in green. Then, the altcoin should apply itself to the countermovement of wave b in green, which should lead out of the magenta-colored zone but stop before the resistance at $7.89. Afterwards, Polkadot should take another southwards step by completing wave c in green as well as wave ii in orange. Alternatively, there is a 40% chance that Polkadot could climb above the resistance at $7.89, thus shifting the recent high upwards by developing wave alt.i in orange.
BINANCE:DOTUSD
by MarketIntel
1
🔥DOT IS GOING TO NEW HIGHS! READ THE DETAILED TRADING PLAN!🔥Hi, friends! As it was expected, BTC and altcoins make a pullback, so it's time for us to find the best long entry points. Why long? Because the trend is still bullish. DOT has now almost reached my 3rd target at $8. I think it will be reached only after the pullback. 📊 TRADING PLAN FOR DOT: 🔥pullback to the 6.5-6.8 value area 🔥volume growth which confirms that retailers are scared and sell 🔥 bullish BTC is a must-have 🚩 Also, I use DOM and Footprint scalping tools, which confirm for me the presence of the big guys. They accumulate all the tokens on the pullbacks. So I can enter the long trade too. ✅ THE MAIN TARGETS FOR DOT: 1. $8 - the key level 2. $9 - the key level and even number 3. $9.68 - the key level, local high 💻Friends, press the "boost"🚀 button, write comments and share with your friends - it will be the best THANK YOU. P.S. Personally, I open an entry if the price shows it according to my strategy. Always do your analysis before making a trade.
by Yuriy_Bishko
3
🔥POLKADOT: PULLBACK TO ACCUMULATE THE POWER BEFORE PUMP🔥Hi, friends! The US Department of Justice announced today that it will take international action regarding cryptocurrencies. A lot of liquidity starts to flow into the market. Retailers start to sell their crypto on this FUD. According to this, I make a fresh update for Polkadot. Now DOT is testing $5.73 key level which is really important support. If the price will close below this level, the road to $5.25-5.42 value area will be opened, which is also strong support. If we close above this level, it will be good entry point with short sl below the lows. 📊 TRADING PLAN FOR DOT: 🔥 test the $5.73 key level as the support or the false breakout of this level soon 🔥 large buy orders on DOM and Footprint scalping tools which help me to identify the whale's purchases 🔥 bullish BTC 🚩 Traders, if the price reaches the $5.25-5.42 value area and successfully tests it as the support, it will be a nice chance to open a trade. In this case, the price will cool down and be ready to reach new highs. ✅ THE MAIN TARGETS FOR DOT: 1. $6.5 - the key level and local highs 2. $7.4 - the key level 3. $8 - the key level and even number Friends, do you believe in DOT and KSM in this bull market or its already a coin with a huge cap and no growth potential? Write your thoughts in the comments! 💻Friends, press the "boost"🚀 button, write comments and share with your friends - it will be the best THANK YOU. P.S. Personally, I open an entry if the price shows it according to my strategy. Always do your analysis before making a trade.
by Yuriy_Bishko
7
DOTETH - Small Consolidation Followed by 15% GainsWe've got a breakout of channel with Polkadot here, not only a channel break, but the price is currently just above a recent SR level and we've got a Buy signal from Crypto Tipster v2 - all of these Bullish signals indicate a rise could be on the table! We'd be expecting a temporary consolidation of price before experiencing a 15% rise to what has been a nice settlement area for the price historically. That's our target. If you enjoyed or agree with this idea - drop us a comment, like & follow! :)
Long
by theCrypster
4
DOT - Shift In Momentum In The Making! 🍰Hello TradingView Family / Fellow Traders. This is Richard, also known as theSignalyst. As per my last analysis, DOT rejected the support zone 5.0 and the bulls took over short-term by breaking above the orange zone. What Next? 🏹 For the bulls to remain in control, we need a Daily Candle Close above 7.53 in gray (inverse head and shoulders neckline) And then for the bulls to take over long-term, we need a break above the entire weekly range, above 10.5 Of course, if DOT retests the 5.0 support zone, we will be looking for short-term buy setups again. 📚 Always follow your trading plan regarding entry, risk management, and trade management. Good luck! All Strategies Are Good; If Managed Properly! ~Rich
Long
by TheSignalyst
10
Polkadot continues ripping?Trying out a new indicator, my orders hit at 7.25, unexpected pullback would be to 6.9 area, dont expect it to be honest, Dot looks ready to rip even harder and possibly faster. Not ruling out another touch to $6.00 but longer term time frame the accumulation has been steady and nothing to crazy, we know how crazy crypto pumps can be. I think staking coins move different than most of the market, still working on my idea about that. Slower but steadier and pump hard when least expected. TBT what i see happening till next week is what I have here on the chart.
Long
by dcure
✴️ Polkadot Update | 3 Months High + Targets ($15 Next)Polkadot produced a bullish breakout yesterday and hit its highest level in 3 months, since early November. While this is good, this move only confirms MA200 being conquered as resistance. Still early when it comes to the major bullish wave, DOTUSDT has more to give and can move to $9 within weeks or days. Additional growth is possible in the coming months, highly probable, with $12 being one of the main targets and even $15 is on the cards and more. Namaste.
Long
by AlanSantana
1
DOT continuing to show StrengthDOT, one of my favorite coins abd Long Term Hold, has pushed up 71% since January, in the high % of Coins going over the Bitcoin 41% Appears to be getting support off MA and in fact, Support is Strong on such a good and Long lasting project. Though we may see things cooling off as we just got rejected off Top trendline. But sepending on how Bullih the market becomes, With Old School traders coming into the Crypto space now, Adoption is escalating fast, thohg some of the older School people still don't like the "New Kid on the block"... But change is a part of life. Get Used to it....
by Orriginal
DOT - more gains ahead!Hello, traders! As you know I expect Bitcoin a little bit higher. Anyway it should break through the $25200 resistance. At the same time DOTUSDT can show us the fantastic pump in the upcoming days. On the 1D chart BINANCE:DOTUSDT chart we can notice that the trendline resistance was broken without retest. Moreover price formed the range and made a deviation below. Therefore, there is the high probability that PolkaDot will make the same deviation above. It would be logically also because of the ton of liquidity on this way. After that it is going to be difficult to pump, thus I expect the retest of the trendline and the bottom for this asset next to $3 . Best regards, Ivan ________________________________________________________________________________________________ If you like my trade ideas, please smash the boost button to stimulate me make more quality analytics!
Long
by Skyrexio
12