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Polkadot

$KSM/USDT 4h (#BinanceFutures) Falling broadening wedge breakoutKusama Network is pulling back towards 100EMA support where we expect it to bounce and resume bullish. Current Price= 181.23 Buy Entry= 176.54 - 170.74 Take Profit= 187.49 | 199.64 | 215.28 Stop Loss= 162.06 Risk/Reward= 1:1.2 | 1:2.25 | 1:6.43 Expected Profit= +15.96% | +29.94% | +47.96% Possible Loss= -13.34% Fib. Retracement= 0.702 | 0.883 | 1.117 Margin Leverage= 2x Estimated Gain-time= 2-3 weeks Tags: #KSM #KSMUSDT #Kusama #Statemine #Substrate #Parachain #DotEco #Polkadot Website: kusama.network Contract: #Mainnet
Long
by TradingOn
Polkadot slow mode- in my older analyze i predicted Polkadot bottom around 15.5$ : Here older post : - the problem with common alts is they are naturally following TheKing moves. - if TheKing stays weak then altcoins will just standby and wait for his next move, then some will move harder if BTC pump and weaker if BTC dump. - Polkadot is an heavy project with so much parachains, in the future i see DOT number 3 on CMC next to BTC and ETH. - Many concurents as Solana or Luna made bigger moves than DOT, because they are going very fast, deploying multiples projects at the same time causing multiples bugs on their chains. - Polkadot is safer, they are building slowly but surely ------------------------------------------------------------------ Trading Part ------------------------------------------------------------------ - if u check Weekly MACD in graph u will notice that it made a flat move - Normally we had to turn bullish 3 weeks ago but we stayed weak, could consider that as fight between bulls and bears or a consolidation. - in the worst case a good buying zone is around 13$, i don't see any lower bottom for DOT. - if we are in a consolidation then a buy is possible right now but it's pure gamble, i recommend to wait. - TP are accorded to Fibo and simple : --- TP1 : 30$ --- TP2 : 40$ --- TP3 : 80$ ------------------------------------------------------------------ Stay Safe and Happy Tr4Ding !
KRAKEN:DOTUSDLong
by thecryer
5
DOTUSD forming key Bullish Crosses. Start of major rally?Polkadot (DOTUSD) is currently testing both the 1D MA50 (blue trend-line) and the 1D MA100 (green trend-line) as Resistance levels. Even a modest push upwards will be enough to cause a Bullish Cross formation between the two trend-lines. Last time we saw this pattern was on August 30 2021, which was half-way through the last major rally that formed the All Time High (ATH). Interestingly enough, even DOT's first 1D MA50/100 Bullish Cross on December 05 2020 was enough to kick start the massive rally of the early 2021. What is even more interesting is that the MACD Bullish Cross formations on the 1W time-frame perfectly coincide with the 1D MA50/100 Bullish Crosses. Right now the 1W MACD is about to pring that formation the same time the 1D MA50/100 makes the new Bullish Cross. This is strong evidence that DOT is ahead of a major rally. Our first long-term target will be the 50.500 - 55.000 Resistance Zone of the prior All Time Highs. If broken with a 1M candle closing, then we expect the Cycle to peak around the 0.618 Fib of the Channel Up and the 6.0 Fibonacci extension. The reason is that the last two Highs within the Channel took place on the Fib 1.0 and Fib 0.786, so if that's a sequence then every High is one Fib retracement level lower. Also the 5.0 Fib extension (orange) marked both of those highs so if broken, technically the 6.0 Fib ext is next. -------------------------------------------------------------------------------------------------------- Please like, subscribe and share your ideas and charts with the community! --------------------------------------------------------------------------------------------------------
BITFINEX:DOTUSDLong
by TradingShot
4
Analysis Polkadot ( Dot/usdT ) Buy DotIn Open In 3 Step And Hold 3 Month: $ 23.70 $ 17 $ 11 Get Target and Save In 4 Step: $ 32 $ 38 $ 54 $ 80 We can expect Polkadat to reach this price ceiling. Check out Polkadat (DOT) for in-network data: Social Valium Index, which is the measure of social activity of this project, which has been examined in a period of 6 months From the time the price rose, the support on this network also increased to the point where the price could reach its historical ceiling. The social level of this project could also reach its highest level, but when the price decreased, its activity level also decreased. The price reached very strong support and social support started to rise again, which is why the price did not fall further and kept the price in these areas. The next case is social engagement or social interaction, which has the same trend as the Social Valium index, but the point is that before the price reaches its historical ceiling, we see that in this index it has been able to check itself and network interaction. Increase his social status a lot and attract a lot of attention to himself, and after the price dropped and reached his own support area, he was supported and made the price lower. We will examine the next case of visiting the site and during a 6-month return, we checked that at the beginning of this return, the site visitors were seven hundred thousand and it was able to reach two million and four hundred !!! And now the number of visitors is one million and eight hundred thousand. Site traffic by country First place: America 18% Second place: English 4% Third place: Russia 4% Other countries 75% By source: 55% by searching with the words Polkadat or dot or stacking Next rank 25% of visitors who enter the site directly And the rest to enter the site through social networks Data within the .NET network From December 20, we are witnessing an increase in the number of addresses of the holders of this currency code, which has increased by 60,000 thousand holders. Well, this can show us a positive expectation. The number of daily transactions has taken a momentary decline and has reached almost its lowest level in the last 4 months. The next index, the volume of transactions reached 764 million from November 1. It was fluctuating there and reached its price floor on August 23, 2021 If we pay close attention to the volume chart of transactions, it has a relatively upward momentum, so that if the price can maintain this range and the volume of transactions continue to this upward momentum, we can see the possibility of increasing motivation by traders. The next index shows the number of active addresses and the number of new addresses according to the index by falling in this price range if we do not see signs of demand and if the price can not stabilize itself and active and new addresses decrease. That the incentive to demand has decreased and the good result is that the risk scenario for the price will be strengthened and investors will buy in the next rounds. The next indicator of sticking is the amount of dots that are stacked daily. If we are careful, we will see that 2.5 million dots come out of the stick, which means that the dot market is risky and it is a sign that investors are interested in buying at a lower price. But the next indicator is Open Interest.com, which after registering its ATH price, we saw that Open Interest decreased, and considering that the price fluctuates in a support range, Open Interest is almost bloody and indecisive. Shows the trader And we look at the Funding Rate dot index and see that most traders are short or short-term, and it seems that they seem to expect the price to go lower because most of the trades that open are short-term. Fundamentals dot The current market cap is $ 26.330 billion The historic ATH cap was priced at $ 54.98 on November 4, 2021 Field of activity: Smart Contract Platform Maximum token stock: Approximately 1.155 billion Working inventory is approximately 1.076 billion units Listed in many reputable exchanges Polkadat is a smart contract, but its main purpose is to create cooperation between different Chinese blocks, which is the general problem that the Chinese blocks have with each other is that they do not communicate with each other. It has attracted the attention of many.
Long
by DAApex_com
9
Polkadot (DOT) - April 19hello? Traders, welcome. By "following", you can always get new information quickly. Please also click "Like". Have a nice day. ------------------------------------- (DOTUSDT 1W Chart) Resistance: around 19.37 1st support: around 13.64 2nd support: around 9.26 If it rises above 19.37, it is expected to create a new wave. (1D chart) (buy) - After confirming the support in the section 17.69-19.37 - If possible, it's good to see support in 19.37. (Stop Loss) - When it falls below 16.16 (Sell) - When receiving resistance near 25.07 - When resistance is received in the section 33.80-36.76 Several indicators are set in the section 17.69-19.37. As such, I think it is a section that will play the role of support and resistance well. Therefore, it is important to find support or resistance in the 17.69-19.37 section. If it rises above 36.76, we expect a full-fledged uptrend to continue. ------------------------------------------------------------ ----------------------------------------------------- ** All indicators are lagging indicators. Therefore, it is important to be aware that the indicator will move accordingly as price and volume move. However, for the sake of convenience, we are talking in reverse for the interpretation of the indicator. ** The MRHAB-T indicator used in the chart is an indicator of our channel that has not been released yet. ** The OBV indicator was re-created by applying a formula to the DepthHouse Trading indicator, an indicator disclosed by oh92. (Thanks for this.) ** Support or resistance is based on the closing price of the 1D chart. ** All descriptions are for reference only and do not guarantee a profit or loss in investment. (Short-term Stop Loss can be said to be a point where profit and loss can be preserved or additional entry can be made through split trading. It is a short-term investment perspective.) ---------------------------------
by readCrypto
POLKADOT - Buy Zone Approaching - UPDATE 🚀Following on from our last post on Polkadot, we are now running gains of over 25% from our sell zone. We are still in wave C, which is a 5 wave formation. In our last post we identified the completion zone for subwave 4 of Wave C and now we are seeing the 5th and final subwave of wave C. We are looking for Polkadot to move lower to around the 10-11 level where we will be looking for bullish reversal signs. There's a potential 400% that can be made from the next bull run just on Polkadot alone, which is why we're constantly updating this clean setup! Trade Idea: - Hold shorts at breakeven until we reach 14.50 for first targets and 11 for second targets - Watch for bullish price action on lower timeframe We will update Polkadot once we reach our buy zone so we can all get in on the next bullrun 💪🏼 Goodluck and as always, trade safe! See below for our previous Polkadot analysis:
by WicktatorFX
11
Polkadot (DOT) Buy ZonePolkadot (DOT) Buy Zone -------------------- BIAS Mid-Term : Bullish Risk : Medium Polkadot once again on our $17 zone mid-term support and see a drastic short-erm increase in market sentiment and buying intentions. -------------------- $DOT/USDT LONG SETUP Leverage : x3 - x5 Entry Price : 17.4 - 17 TP 1 : 17.65 TP 2 : 18.15 TP 3 : 18.6 TP 4 : 19 TP 5 : 19.35 TP 6 : 19.75 TP 7 : 20.2 TP 8 : 20.55 Stop Loss : 16.5 *Maximum 3% of Portfolio. *Unload 12.5% at each TP. Whenever TP 2 hits, Move stop loss to entry. --------------------
Long
by Zerene
2