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Polkadot

When will there be DOT price $200 on the Polkadot network?Interesting question ?) Let's look for an answer together. In the comments below the idea, write your thoughts: what is the fundamental news and development plans of Polkadot network that can lead to such a powerful growth of DOT token value? Our TA tells us that if buyers manage to keep the DOTUSDT price above $14-18 by the end of 2021, that would be a cool buying zone for a semi-annual investment. The upside target would be around $200 . So if such a plan is successful, an investment in DOT could bring in x10-x15 depending on the buying point. Let's find the truth about the future of the DOTUSD trading pair together, in discussion, and then we'll take it to the chart and flesh out this global idea. _____________________ Since 2016 , we have been analyzing and trading the cryptocurrency market. We transform our knowledge, trading moods and experience into ideas. Each "like under the idea" boosts the level of our happiness by 0.05%. If we help you to be calmer and richer - help us to be happier :)
by P_S_trade
74
Still a long way downBe wary of anyone suggesting there will be any type of significant reversal in the short term. DOT has a lot of way down, before a significant shift back up. The daily RSI still shows plenty of room to sell and if we mark the weekly averages (pre crypto boom) it would suggest a price between $7 to $8 per coin on DOT. Without any significant changes, this project will need to continue its downward trend until it humbles itself with where it organically should have grown. It's time to understand the market is beginning to become wise to having been overvalued.
by HoldenTC
3
This is is it folks! $17 or $33It is important to state that this is on a log scale chart. If you plot this on a non-log the bottom line of support is closer to $17. With that in mind we are at our strong macro line of support. We break this we're going down to at least $17 in my opinion. Bullish case: it looks like were in a descending broadening wedge which tends to break out bullish. I expect to at least get a bounce to test the top of the trend at $25 where we will hopefully break and head to $33. Bear case: I still think we hit the top of the trend line at $25 and we dump hard. Breaking that macro trend line will require some volume. Either way keep an eye for $25. Look for volume pickup at the break out. Ultimately we need to break $33. We're in no man's land until then.
by CryptoNCoffee
Dot DCA Strategy$dot #polkadot Weekly chart has been hugging super trend support for 2 weeks straight. M May start a spot position here. DCA at these levels and exit if weekly close below A lot of upside potential if $BTC keeps pushing up. —————————————————————————————— Top 10 trading tips: 1. DO NOT FOMO into a trade. Let it come to you. Don’t force it. 2. Find a strategy that works for you and be consistent. Operate like a machine and less like the wind. 3. Let your winners run and cut your losers short. 4. You will not win every trade, but if you are disciplined with great RM you don't need to be right all the time to win! 5. Before you enter a trade, know your target AND your exit strategy. 6. When you are up, you can use a trailing stop or trim off some profit at a logical resistance point with a stop loss at breakeven. 7. Set your trade parameters up front so you keep your self accountable and remove emotions from the equation. (stop loss, take profit levels, etc) 8. Don't fight the trend. The trend is your friend. 9. Don’t enter a trade based on one indicator. 10. Horizontals > Diagonals Please note: - This is not financial advice. - I do not take every trade I post. - Never trade off of someone else's chart until you DYOR!
Long
by DaCryptologist
DOT --- LONG --- 19.01.22DOT lost 60% since ATH, is it worth buying? As you can see on the chart, DOT is still inside the ascending channel, and now the coin is trading at its lower border, which is a support or demand zone. In other words, we have a precondition for growth. Since the moment of the historical maximum (marked with a black tick on the chart), we have seen a decline, and quite aggressively. In fact, the price fell by 60% in just a couple of months. Now the fall has stopped and trading is in the range of 20 to 30 dollars. After such a fall, it would be logical to see an upward movement from this "flat" and the chances are very good for this scenario, while we should not forget that there are still auctions for parachains and DOT coins continue to "drop out of the game" for a long time (about two years), which positively affects the value of the DOT coin But what would you like to pay attention to... The technical picture with support at the lower border of the channel is very obvious for market participants, the 60% decline itself after updating the historical maximum indicates that market participants who bought coins with at least x2 leverage are being "knocked out". It won't be surprising now that we will see the price break out of the channel in a downward direction, but if it does, it will be a great buying opportunity. In this case, as a confirmation of entering the trade, we will have to see a significant increase in volumes - this will confirm the "culmination of sales", after which we are more likely to expect a significant increase. Of course, it is not a fact that the market will give us such a beautiful pattern, then it might be worth dividing the entry into several parts for the current area and in the case of the "culmination of sales". Total If you are positive about DOT in case of high volumes when the support of the upward channel indicated on the chart is broken, it is worth buying. If you are negative about DOT, then you can try to trade short in case of a false breakout from the current consolidation up.
Long
by P-T-B
$MOVR/USDT 1D (#KuCoin) Falling wedge on supportMoonriver is looking bottomed here and about to start the reversal if manages to break-out! moonbeam.network Risk/Reward= 1:1.5 | 1:3.78 | 1:6.73 Expected Profit= +38.06% | +96.31% | +171.35% Possible Loss= -25.46% Fib. Retracement= 0.382 | 0.702 | 1 Margin Leverage= 1x Estimated Gain-time= 2 months ⚡️⚡️ #MOVR/USDT ⚡️⚡️ Exchanges: Binance, KuCoin Signal Type: Regular (Long) Current Price: 169.84 Entry Zone: 166.09 - 150.39 Take-Profit Targets: 1) 218.46 2) 310.64 3) 429.38 Stop Targets: 1) 117.96
Long
by TradingOn
6
Inverse head and shoulders on DOT?Here's an idea for you DOT degens. This line of in orange has had several touches as a clear line of support and resistance. If we are able to bounce off this line and break around $26.40 then we have a clear inverse head and shoulder pattern with a price target at the top of back to the range top at $32. There's also bullish divergence on the hourly so I would not be surprised to see a little pump here. Not a bad place to long in my opinion.
Long
by CryptoNCoffee
One more pump for DOTBTC before a dump?Of course this is conjecture but given BTC's market dominance I could see this scenario playing for DOTBTC. I could see DOTBTC having a decent pump to test the top of the rising channel trend line. Which depending on where BTC is at the moment could put it between $30-$33 USD and retesting the DOTUSD local high range. If we assume that BTC dominance has bottomed and will turn around over the next few weeks then I think it's reasonable to see DOTBTC dump to the bottom of it's macro trend line before reversing and eventually breaking out of its macro symmetrical triangle. To me this is the bullish scenario if we assume that BTC dominance is going be reversing sometime soon. If BTC dominance crashes and we go into an alt season then everything changes and we reevaluate.
Long
by CryptoNCoffee
DOT Downside Risk (Polkadot)Polkadot is one of those cryptocurrencies that piqued my interest this past bull market. Unfortunately, the online community is already becoming a ghost town, after the project appeared suddenly in the top 10 by market cap. Many cryptocurrencies are breaking down from their bull market uptrends, but DOT is still above. Should the support fall, I think DOT can eventually head back below $10. Depending on what's going on with the project and ecosystem at that point, I may purchase some at those prices. Let's see! On the upside, if it holds the uptrend, DOT can test the top of the channel once more. This is not meant as financial advice - this is meant for speculation and entertainment only. -Victor Cobra
BINANCE:DOTUSDShort
by VictorCobra
12