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Polkadot

DOT/USDT Could DOT breaking out of the Daily Resistance ???💎 DOT's market dynamics have been quite engaging recently. At present, DOT has shown resilience, bouncing back from the demand area and marking its recovery with a strong green candle. 💎 This upward trend is now poised to challenge the daily resistance area. Historically, DOT has faced significant rejections upon reaching this zone. However, a successful breach of this resistance could herald a bullish phase, potentially easing the path towards our designated strong resistance target. 💎 Conversely, should DOT fail to overcome the daily resistance barrier again, it may be inclined to revert downwards, heading back towards the demand zone. This downward trajectory could be more pronounced due to the diminishing momentum. 💎 If DOT cannot maintain its stance above the demand level, the likelihood increases for a descent towards the Bullish OB area, or possibly further down to the strong support area. This scenario would indicate a bearish trend for DOT, necessitating close observation of its support interactions.
by MyCryptoParadise_Nathan
2
DOT USDT LONG SWING| DOTUSDT | LONG @ 6 - 6.5 | TP @ 6.75, 7, 7.25, 7.5, 7.75 | SL @ 5 | PATTERN = FALLING WEDGE | BYBIT | Swing trade idea. Kindly follow targets and stop loss. Will update with new targets once all 5 are achieved. Mostly trading with PNF charts, MACD, RSI, Stoch, BPI, Cipher, MA/EMA, Support/Resistance on hourly timeframes and higher time frames BINANCE:DOTUSDT BINANCE:DOTUSDT.P BINANCE:DOTUSD BYBIT:DOTUSDT.P OKX:DOTUSDT.P MEXC:DOTUSDT.P COINBASE:DOTUSD BYBIT:DOTUSDT
Long
by Coindatahouse
DOT/USDT If DOT Success Breakout the resistance Easy to $13💎 DOT has certainly established itself as a notable player. Currently, DOT is on an upward trajectory, making another attempt to break through a key resistance area. 💎 Earlier, DOT faced rejection at this level, leading to a downward movement. A successful breach of this resistance zone could pave the way for a smoother climb for DOT, potentially allowing it to reach the targeted bearish OB area. 💎 However, should DOT once again fail to surpass this resistance barrier, it might retreat to the support level around $7.7. A more concerning scenario would see DOT descending further, possibly reaching the Bullish OB area. 💎 The Bullish OB zone becomes crucial in this context. For DOT to resume its upward trend, it is essential that it rebounds from this zone, regaining enough momentum to challenge the resistance once more. Failure to hold ground in the Bullish OB area and a subsequent breakdown could signal a shift in DOT's trend from bullish to bearish. Such a development could lead DOT back towards a more substantial demand area.
by MyCryptoParadise
1
Polkadot's Journey Beyond Trends and CorrectionsPolkadot has broken the rising trend up in the medium long term. This signals an even stronger rate of growth, but the positive development may result in corrections down in the short term. There is no resistance in the price chart and further rise is indicated. Volume has previously been high at price tops and low at price bottoms. Volume balance is also positive, which strengthens the trend. The currency has strong positive momentum and further increase is indicated. high RSI may be a sign that the stock is overbought and that there is a chance of a reaction downwards.
COINBASE:DOTUSDLong
by DEXWireNews
$GLMR Reached The 1st Target & Ready To Attack The 2ndHi friends, After forming a safe low at $0.16, $GLMR finally started its uptrend and reached its first target at $0.56. Considering that the 100WMA is located in the region of $0.9, I expect that after reaching the second target at $0.88 and crossing the 100WMA, $GLMR can easily reach above $1. In this case, reaching the third target at the level of $1.43 will only depend on time. Good volume, good attention from users, and proper progress and development from Moonbeam's R&D team promises very good days ahead for GLMR and the Moonbeam ecosystem. Don't forget to save profit and don't be greedy. "Like" & "Follow " if you want to see more of these ideas. Goodluck
Long
by BJWiseReal
$KSM Reached to the 1st Target & Ready To Go To The 2ndHi guys, As I wrote on November 18, after forming a bull flag, NYSE:KSM finally started its uptrend and reached our first target at $32. Kusama must be able to break the 100WMA to reach the second target at the $50 level. In this case, the $50 target will be easily available. Also before reaching to the $50 target, there is a small resistance at the $40 level, and I expect NYSE:KSM to be involved in those areas for some time. If it crosses $40, our second target will be easily available at $50. Despite the very good status and high potential that NYSE:KSM and CRYPTOCAP:DOT coins have, we do not forget that everything in the crypto market for altcoins will depend on the decisions of $BTC. So save your profit & don't be greedy. Please "Like" & "Follow" if you want to see more of these ideas. Goodluck
by BJWiseReal
DOTUSDTDOTUSDT The coin has every chance of good growth. Following Bitcoin's momentum, we pulled back from the red support and began moving higher. For more global impulses, we need to break through the green resistance line and gain a foothold above it. If this happens, we will consider the following goals: 1 - 5.98 2 - 6.76 3 - 8.53 4 - 10.42 But don't forget, the higher the goal, the more dangerous it is. Don’t be greedy and fix parts of your profits on time, so that a sharp drop doesn’t eat up your entire profit. If you like the idea, don't forget to subscribe and rate like👍
by Andrey_Crypto
3
📈 Polkadot (DOT) Spot Long Trade AnalysisAn analysis of Polkadot (DOT) highlights a potential spot long trade opportunity, emphasizing range support, resistance, and risk management for strategic decision-making. Key Highlights: Range Support: DOT is noted to be at the $7.24 top of the range support, providing a potential entry point. Take Profits (TP): The proposed Take Profits (TP) level is set at the next resistance area of $8.00 - $8.50. Stop Loss (SL): Risk management includes setting the Stop Loss (SL) just below the bottom of the range low support at $6.85. #Polkadot #CryptoTrading #RiskManagement
Long
by Richtv_official