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Polkadot

DOT UPDATE (1D)DOT bullish waves that started at the bottom look like an ABC or more complex pattern. Now it seems that wave A has been completed and we are in wave B. Wave B looks like a runing flat, and now we are in wave C of this flat. DOT can continue to climb by maintaining the green range. Closing a daily candle below the invalidation level will violate this analysis. For risk management, please don't forget stop loss and capital management When we reach the first target, save some profit and then change the stop to entry Comment if you have any questions Thank You
Long
by behdark
DOT/USDT holding key support? 🚀Polkadot Today Analysis💎 Paradisers, prepare for an exciting chance with #DOTUSDT as it stands firm at the critical support of $8.711. Holding steady at this level hints at a potential bullish trend, especially since the price has already tested liquidity below this point, reinforcing the bullish outlook. 💎 Let's also ponder the scenario where CRYPTOCAP:DOT struggles to surpass its previous peak, suggesting a risk of breaking below the support. In such a case, we're eyeing a bullish bounce from a secondary support at $8.137. 💎 Caution is advised: slipping below this secondary support could signal a shift towards a more pronounced bearish phase, marked by increasing sell-offs. Being alert and flexible is crucial as we navigate the evolving #POLKADOT market.
Long
by MyCryptoParadise
Polkadot (DOTUSD): The End of an UptrendPolkadot (DOTUSD): BINANCE:DOTUSD Polkadot appears to have completed Wave (2) with a notable level of certainty. Upon further analysis, it increasingly seems we're witnessing an ending diagonal pattern. This indicates the potential conclusion of the current uptrend shortly, leading to a corrective downturn for Polkadot. While Wave 1 could theoretically extend to $12.82, such a scenario appears less probable. The key factor now is whether we can breach the trendline. Should we remain confined within this diagonal pattern, a prompt downward shift may be expected. For Wave 2, our strategy involves repositioning within the 50% to 78.6% Fibonacci retracement zone. Yet, we must wait to detect any signs of weakness in Polkadot before making our move, as navigating decisions amidst its ongoing bullish momentum presents a considerable challenge.
BITFINEX:DOTUSDLong
by freeguy_by_wmc
4
Cryptolean Polkadot DOT Update Polkadot is consolidating above $10.74. A bullish reversal from the current price location will result in a bullish move to $11.78. A bearish break-out of $10.74, the key daily support, will push DOT price towards the support zone of $9.38-$9.76. Intraday Chart The DOTUSDT 4-Hour chart is bullish and is trading above $10.91. (1) A bearish dip and a bullish rejection of $10.91 or (2) a bullish move from its current price location will push price to the key intraday resistance zone of $11.62-$12.13, where I will be closely watching the #Polkadot price action. A bearish break-out of $10.91 will lead to a slow price decline to $10.31. Like once read! Thank you!
Long
by Trade-Lean
2
DOT - Opportunity to catch a 20% correctionGreetings everyone! I would like to share with you the analysis of DOT (Polkadot). We have successfully exited the descending structure, which indicates a transition to the ascending structure. However, this does not prevent us from looking for short-term corrective trades with good reasons. We are currently seeing the filling of the monthly imbalance in the 11.14 - 14.18 range. Within this range, there is a weekly imbalance zone extending from 11.81 to 13.03. With a favorable risk-reward ratio, we may consider setups coming out of this zone. Our goal may be to eliminate inefficient pricing on the two-hour timeframe (FVG).
Short
by truepersonal
DOT/USDT Ready for another Exponential Rally? 👀🚀DOT Analysis💎Paradisers, turn your gaze to #DOTUSDT as it is positioned within an ascending channel's upper zone and ready for a bullish journey toward the supply zone. 💎A look back at #Polkadot's market trajectory shows its journey through an ascending channel, consistently breaking new ground towards higher trends. The price now is facing a resistance at $12.13. When this resistance turns into support, the probability of a bullish rally toward the supply zone will become more evident. 💎For the CRYPTOCAP:DOT traders, staying alert is not just important—it’s crucial. Brace yourselves for a potential surge from the $8.81 support level, if the market’s tale twists unexpectedly, this could be the next point of support for #DOT. Yet, beware: falling below this support will call for a descent into bearish territory. 💎In today’s mercurial market, fusing strategic prowess with decisive execution is more than necessary—it’s the art of survival. But, we are always there for you.
Long
by MyCryptoParadise_Simon
Polkadot (DOTUSD): Don't Miss Out ⏰Polkadot #DOTUSD BINANCE:DOTUSD Polkadot remains a chart of high interest to us, even though we narrowly missed our limit order by 10 cents. Since the near-miss entry and the low at $6, we've seen the development of Waves 1 and 2, and now the question arises whether we're in Wave 3 or experiencing a zigzag correction. However, the latter seems unlikely because we've observed a 3-wave rather than a 5-wave structure moving from Wave (1) to Wave (2) or to Wave C downward, which typically rules out a zigzag scenario. Should this be the case, we still anticipate our limit order being filled. Surpassing the 78.6% level could indicate we're either in Wave 3 or encountering a possible flat correction. We haven't completely dismissed this scenario yet. If we're indeed in Wave 3, we expect to significantly exceed the $9.6 level or fall well below it, around the 161.8% mark, indicating that Wave (2) has concluded and we're in an upward 5-wave structure. We'll continue to monitor the situation closely and keep you updated on further developments with Polkadot.
CRYPTO:DOTUSDLong
by freeguy_by_wmc
2
DOTs awakeningLooking at the history of this chart I can say with confidence that this is one of the worst charts I have ever seen. How the whales pumped and surpressed this coin to the ground is just mind-boggling. Technically Polkadot was in a bear market forever. Till now. It's actually about to break one of the hardest resistances since 1,5 years. After that it will create the right shoulder of a bigger inverse head & shoulder on higher timeframes and retest the massive key resistance range of 40-55$, break it and fly to new highs, expecting to fill the gap since birth and reach the final target of 200-380$ in wave 3.
Long
by PizzaDriver
3