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Polkadot

DOT looks bearishIt's very late here for a long explanation so I'm just gonna say that at the beginning it looked to me like a "three little indians" pattern but I've checked and it isn't it because it lacks the right distance between the indians. Anyway it's a rising wedge and 1h and 4h with bearish DIVs on many indicators. Moreover the entire market looks like is uncertain and ready to explode (not necessarily up, actually I'm more inclined to expect a dump) so I would watch this for shorting opportunities. I'm not giving any entry point right now because it's possible the opportunity won't present itself. I'll try to update something tomorrow morning. Good luck
Short
by Shotokhan
8
Accumulating PolkaDOT I think it’s a good hold to add a for long term My macro outlook is 2025 I see it rising 360+ not financial advice just my own thoughts and observation on a macro scale coupled with fundamentals Also it looks like a Huge bullish pendant on the weekly that’s going to spring upwards to the heavens Gavin wood is an extraordinary person with his work at eth and web3 as well as philanthropy efforts. I know this is the future tech. All the best and 1love and peace
Long
by bullymcbagz
2
OPTIMISTIC SCENARIO FOR POLKADOT IN THE DIARY - TARGETSTechnical analysis regarding the price of POLKADOT in relation of dollar Tether for the next scenarios, based on daily movement. Optimistic scenario for polkadot in the coming days. In my analysis, I see that it is finding a very considerable region of support, in a bearish channel that, if broken, may seek the price projection that coincides with the expansion of good Fibonacci levels. disclaimer *** In accordance with CVM Instruction No. 598, of May 3, 2018, Art. 21, I declare that the recommendations of this analysis reflect solely and exclusively my personal opinions and perceptions and that they were prepared independently and autonomously. Not being considered a purchase and/or sale recommendation. *** Any questions do not hesitate to contact me. I'm happy to be able to help you in the best way I can. 🙏
Long
by luizhcruz
Trading this range bounding on $DOT !!Ranges over Ranges Deviations over Deviations This chart is rather easy to approach compared to others, especially BTC. My first game plan is to short $DOTUSDT at the range high Confluences at that level: 1- H12 supply 2- retest of the range high after the deviation (This is mainly how I like to trade) 3- H4 order block Target: Ultimately the range low at $15 (Daily range) Why am I looking for shorts: 1- We have Monday's low to sweep 2- We made a market structure break (msb) today to the downside so the MTF bias is bearish 3- Strong rejection at the EQ (Daily range), so naturally you should look for the range low after such rejection Share me your ideas about this, let's get this trade together I will share my long setup too so if you are interested follow me on tradingview and stay tuned Don't forget to hit the like button :)
Short
by CryptoSep
1
DOT - The Journey Of Two Paths...The much beloved Polkadot (DOT) is at a point of inflection in its journey. It has reached a point where it could have either a strong bullish or bearish run. In this trade idea, I will discuss each possibility and you can see which trade idea you would like to initiate. TO BUY DOT? How did we get to this point? When looking at DOT on the 1 Day chart, the price has fallen to a very longer-term level of resistance; dating back to 2020. This level of resistance is probably due to the large amounts of DOT that is staked and provides a strong level of support. If your Bitcoin thesis is that BTC has reached its lows and will start to consistently rebound, then this presents a good DOT buying opportunity LONG: Enter at Current Market Price Stop-Loss: $14 Take Profits: $22.50, $27,60, $30.80, $38.00 TO SHORT DOT? DOT and many other alt-coins could have a bloody several weeks or even months if Bitcoin is not able to maintain its current price levels and BTC starts crashing down to the $20k range. With this, you could short DOT as there is no resistance from the current price levels down to the $7 range. Although many people have DOT staked for long periods of time, there reaches a point where the price gets too low for them and they start unstaking and selling. SHORT: Enter at Current Market Price Stop-Loss: $20 Take Profits: $10.30, $8.25, $4.20 Let me know your comments & opinions below. Cheers!
by TheUnbounded
DOT/USDT Ready to $65 ( 311% from here ) ?#DOT/USDT TA Update:- $DOT currently trading at $16.72 Now Trading at Strong support level and As per Trend Line this is Triple bottom support. Now..? I am expecting upward move from this level. Most important point = If $DOT hold $14-$15 level Support. If hold this level then we can see $DOT target could be $65-$70 Need to break $19 resistance for Turn into Bullish mode. My Trigger for Bull zone = If price hit $19.60 then Bull will triggered. Keep an eye on $14-$15 level. If break this level then we can see $8 Support:- $14/$8 Resistance:- $19.60/$31/$44
Long
by CryptoPatel
polkadot is ready for Wave G NOTE : Personally, I have been a staunch opponent of digital currencies for a year now, but as I said before, I have recently seen good endurance and demand in this bloody market, and now I hope to climb. I think that the banks and financial institutions of the world, with the decline of all markets and its uncertain future in the war, have a good excuse to have a good profit in this market from the people. Governments are also supporting the burning of money and the reduction of inflation
Long
by NEOVOLUME