Polkadot - Potential breakoutThe cryptocurrency polkadot is about to do a break out of the downtrend and my first target is at 7$. Keep a eye on this asset, I think it could explode much higher in the coming euphoria bull market.
Polkadot
DOT/USDT Upward Momentum ?? Polkadot Analysis Today💎 DOT has certainly piqued our interest, achieving a breakout from the Descending Channel with a notable ascent. It would be beneficial for DOT to undergo a retesting phase initially, ensuring a stable corrective movement.
💎 Without this, DOT might reach the supply zone only to face rejection, subsequently descending to retest at the demand level or the resistance trendline of the former descending channel. However, should it manage to breach the supply zone promptly, DOT probability could advance towards its next milestone, the Bearish OB region.
💎 In the scenario of a strategic retest, it's imperative for DOT to exhibit a bounce or a sign of rejection, striving to re-engage with the supply zone and solidify its position above, thereby validating the breakout.
💎 Conversely, if DOT fails to rally, a troubling development might unfold, where DOT is unable to hold its ground at the demand zone, compromising the subsequent level. This occurrence would signify a false breakout, potentially steering DOT into a downward trajectory towards a robust support zone.
What will be the fate of DOT?We have a large diametric that has been a Polkadat symbol within this diametric for several years.
We are now in branch E of this diametric. The branch E has become a diametric itself. Now we seem to be in the F branch of E. We expect movements similar to what I drew on the chart.
For risk management, please don't forget stop loss and capital management
Comment if you have any questions
Thank You
DOT conservative targetsBINANCE:DOTUSDT
Polkadot most conservative targets
Possible Targets and explanation idea
➡️What we can't know its a timing. Dot now in 27 zone accumulation range
➡️End of bull run was in April/May 2021. I think by end of May 2024 we will hit targets
➡️Hard to say about new ATH for DOT but this is a most conservative targets take profit
➡️Based on my MP indicator we can see MACD div and big money inflow periods for DOT
➡️Time to out of Polkadot will be in orange zones on MP indicator with new bearish DIV
➡️Examples exit time you can find on a chart around October 2021
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✅Disclaimer: Please be aware of the risks involved in trading. This idea was made for educational purposes only not for financial Investment Purposes.
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Investments zones for PolkadotBINANCE:DOTUSDT
Here is my targets for investors who have a stable coins and waiting the best golden price for long term.
Everything in -0.18 and -0.27 zones what I've mentioned on a chart is good time to accumulate more DOT
On global daily Histogram since May 2021 drop we can see how price is break new ATH and going almost to the same bottom, but on histogram shows we are really soon can see the bottom and start new alt season to my conservative prices around 70 and 100 usd per DOT
Follow me on Trading View and other social media. Link under this idea
Thanks
OriginTrail Metcalfe UpNot financial Advice.
TRAC aka OriginTrail aka OTP on Polkadot looks ready to move
500mil tokens in total
MarketCap is under 250m
Valahala
KINT/USDT 1D. Coin as an example. Clear price action.KINTSUGI/USDT 1D. Secondary and main trend. Polkadot ecosystem coin.
Spectating this coin for quite a while.
Since the beginning of the year we saw quite an accumulation which lasted about a year.
It's marked as green rectangle on the chart.
In this accumulation there were 2 clear price movements(accumulation then pump).
Then, with the marked(as it's no longer logical to hold the price in the accumulation) - price fell out of this accumulation channel. Since then the falling wedge started to form.
Right now the price is moving inside this falling wedge and finding it's local bottom.
It's more logical to buy FROM the bottom, not TO the bottom. I believe it's clear.
Only when we see the bottom forming - it's more decent to buy rather then now, when the price only searching for it's bottom.
But we're also near the reversal zone, which is shown as blue rectangle on the chart.
Very likely price will reverse from this 0.26-0.3$ zone. Potential zones above and percentage amount from each potential reversal zone are shown on the chart.
It's better to see increasing in volatility before entering the deal. This factor allows to indicate the bottom is forming.
For the future we might see the same horizontal channel will be formed here. Hence it's possible to see couple pump cycles.
If we're speaking about time periods - it's about autumn the price should move, believe this is quite obvious.
Though it's possible to see couple moves in the potential channel - the most probable is the first move, so it's probably reasonable to work with it.
How do it it i believe i have described above.
#POLKADOT #DOT Long-Term targets analysis#POLKADOT #DOT Long-Term targets analysis
During the years 2020 to 2021, a five-wave ascending structure can be seen on the chart, which has taken 2.618 times ascension time to correct these five waves from 2021 to today. Referring to the rules and instructions of Elliott Style Percher, the conditions that have been created for the dot currency so far are the rise in wave 1 and a deep correction in wave 2. For this reason, we expect wave 3 to have a higher height than wave 1 (except for exceptions). Based on these rules and laws and ratios and the relation of wave length three to wave one, it is possible to get an estimate of the price targets until the end of 2025.
The goals are:
Minimum desired target : 28
Target1: 48$
Target2: 97$
Target3: 240$
Target4: 750$
STOP LOSS: 3$
DOT.USD (Full Analysis Long Term)Hello my dear Followers.
How are you?
I hope you feel great.
It's a new day and I want to talk about Polkadot (DOT)
Please pay attention that it's NOT financial advice because it's just a new vision that belongs to me. and I'm sharing this analysis with you.
So, please be aware and watch the market.
So, let's go into details.
I used the Fibonacci channel to analyze this chart.
0 is the bottom of the chart. 0.5 is the midline and 1 is the top of the Fibonacci channel. and so on
I want to check this asset in the daily time frame. Based on the information we had, we are still in a bearish trend. And expect to drop more.
Today market raised and I think it's just a pull-back to a lost support.
Please don't FOMO.
This market needs to drop more. According to my latest analysis about USDT.D, I expect this item to still go higher and higher. although the DXY is bullish too.
BTC.D is Bullish Too.
if BTC.D is bullish and Bitcoin drops, the altcoins drop more than you think.
It means that the market needs more correction.
There are four support zones for this asset, but just two zones are essential.
Let me define these zones for you. I believe that the main zones for Polkadot are 2.06 and 1.07 USD.
I don’t want to tell you the Polkadot will drop to 1.07 USD, I just tell you this zone (1.07 USD) is the last support and it might never touch the price.
the main support for Polkadot is 2.06 USD.
You should buy your asset at the cheapest price, so, you should be patient.
I want to put in my order of 2.06 USD to buy a Polkadot.
By the way, you should watch the market. Because bad news is coming. And they are really effective in this market.
The main correction wave has not started yet.
I want to refer you to my last analysis of BTC.USD in a weekly time Frame. we are still in the B wave and the C wave has not started yet.
It was my duty to warn you and tell you all the truth.
Sooner or later, but the correction is sure.
Please be patient. Control your emotions.
Opportunities in the market flow smoothly like a river.
It was my duty to tell you all things you need to know.
Please don’t forget to write your comments ✍️✍️ Like 👍👍 and Share 👌👌 this vision with your friends.
And tell me do you agree with me or not?
Good Luck
Ho3ein.mnD
MAJOR RESISTANCE TREND LINE NEEDS TO BREAK!!Keep it simple.
Once trend line is broken and retested, time to long.
Calculate Your Risk/Reward so you don't lose more than 1% of your account per trade.
Every day the charts provide new information. You have to adjust or get REKT.
Love it or hate it, hit that thumbs up and share your thoughts below!
This is not financial advice. This is for educational purposes only.
DOT is entering into bull market!Hello, dear friends!
We have some thoughts that DOT can start it's bull run right now. Talking about Bitcoin it has not clear setup, but DOT is finishing it's Elliott waves cycle.
The falling wedge pattern looks like the ending diagonal in wave 5. This wave also consists of 5 waves. Divergence with Awesome Oscillator confirms the potential reversal.
🚀Follow us and never miss the update
Polkadot - $3 Looms as Sellers DominateHi Traders, Investors and Speculators of Charts📈📉
Polkadot is currently trading 93% under it's ATH. Although this is bad news for most bag holders, the good news is that the bottom is either in - or very close.
There's no doubt that a bullish cycle is overdue, but not just yet. Technical indicators on lower timeframes show bears are still dominating, and there's a chance the price could fall lower once more before the accumulation phase finishes.
Incase you missed yesterday's update on Bitcoin, find it here 📈
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CryptoCheck
BINANCE:DOTUSDT BINANCE:DOTUSD
Bottom section below 9.262Hello?
Hello traders!
If you "Follow" us, you can always get new information quickly.
Please also click “Boost”.
Have a good day.
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(DOTUSDT chart)
In fact, it can be said that it has entered the bottom section by falling below 9.262.
Accordingly, it can be said to be a coin (token) that does not correspond to the time of transaction.
(1M charts)
One silver lining is that the StochRSI indicator has been sloping.
Therefore, it is necessary to check whether it will not decline further and lead to sideways movement.
(1W chart)
It is falling below 4.876 and renewing a new low.
Accordingly, the key is whether the price can be maintained by rising above 4.234.
If not, we recommend stopping the transaction itself and observing the situation for a while.
I think it is difficult to say that maintaining the price by rising above 4.234 will result in an upward trend.
Therefore, you need to check what kind of support it receives in the 4.234-6.523 range.
(1D chart)
We are falling to an immeasurable point.
Therefore, it is better to wait and see if the price rebounds.
Therefore, when the StochRSI indicator breaks out of the oversold range, you need to check at which point or range it receives support or resistance.
If that happens, the HA-Low indicator is expected to decline.
At this time, the key is whether it can receive support from the HA-Low indicator and rise.
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** All explanations are for reference only and do not guarantee profit or loss in investment.
** Trading volume is displayed as a candle body based on 10EMA.
How to display (in order from darkest to darkest)
More than 3 times the trading volume of 10EMA > 2.5 times > 2.0 times > 1.25 times > Trading volume below 10EMA
** Even if you know other people’s know-how, it takes a considerable amount of time to make it your own.
** This chart was created using my know-how.
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DOT - Rainy 24 Hours Ahead 🌧️ Bearish ScenarioCloudy and rainy trading conditions 🌧️ loom for the global crypto market in the next 24 hours, forecasting a bearish market with downside risk. Avalanche and Polkadot encounter extremely bearish conditions, hinting at an impending rebound.
Over a one-week horizon, the ☁️ cloudy trading conditions persist. However, Bitcoin, Cardano, and Chainlink glimpse a bit of bullish ☀️, suggesting a potential slight rebound.
Follow us for more crypto weather reports!
🔴Polkadot BREAKDOWN🔴BINANCE:DOTUSDT
The price is currently moving towards the bottom of the downtrend channel.
The best price range for investing in the DOT is between 3.1 to 2.7
#DOT next stop $3.41, Then $2.45#Polkadot price action suggests further downside
Why? I have no idea...
I have never used or interacted with the #Polkadot ecosystem
Is it a Ghostchain ?
Again no idea.... I just know, if it gets cut in half, in terms of price ... I won't be surprised :(
DOT/USDT preparing for bullish ride?🚀 Polkadot Today Analysis💎 Paradisers Heads up! DOTUSDT is gearing up for a bullish ascent, holding a pivotal support level on the Daily Time Frame (TF)
💎 Upon examining the asset on the Weekly TF, we've noticed bullish signals in the volume profile, along with significant volatility. The price of polkadot is likely to first target the 4.750 level, where it may face some resistance due to bearish indicators on the 4HR TF.
💎 Keep an eye on the intense supply zone at 5.180; the price is expected to retest this level to secure liquidity soon. However, if the price breaks below the support zone, consider planning a short entry down to the invalidation level.
Keep your charts updated and Stay one step ahead of the market 🌟 🌴
Polkadot (DOT) Falls to Lowest Weekly Close Since 2020Polkadot (DOT) recently experienced a significant breakdown as it fell below the crucial $4.20 support level, marking its lowest weekly close since 2020. This decline has raised concerns among investors and analysts alike.
DOT has been following a bearish trajectory since reaching its yearly high of $7.90 in February 2023. It slid below the $4.20 support level, which had held since the beginning of the year. Such breakdowns from long-standing support levels often trigger substantial declines.
The conjunction of this support area and a descending resistance line has formed a descending triangle, a bearish pattern that underscores the breakdown and hints at the possibility of further losses.
Potential scenarios
If the downtrend persists, DOT's price could potentially drop by another 50%, reaching the $2 horizontal support area, aligning with its all-time lows from August 2020.
However, if DOT manages to reclaim the $4.20 area and break free from the descending resistance line, it could trigger an impressive 85% price surge toward the $7.50 resistance area.
The weekly Ultimate Oscillator, a momentum indicator used to determine overbought or oversold conditions, supports the prevailing downtrend, with readings below 50 and a declining trend considered bearish signals.
Bottom Line: Despite the bearish predictions for DOT, a potential breakout from the channel and the $4.40 area could pave the way for an 85% surge toward the $7.50 resistance region.
POLKADOT - Lower Timeframe Overview ✅On the lower timeframe, we can see that we have 2 entry trendlines in place.
The orange trendline = Risk entry
The red trendline = Safe entry
We can even go down further to find a sniper trendline.
Trade Idea:
- watch for break of either trendline for entry
- once trendline broken, stop loss goes below price
- Targets: 6, 7, 8
Goodluck and as always, trade safe!
Downward Trend and Support LevelsBecause of increased selling activity in the market, Polkadot experienced a swift decline towards its designated support levels. After breaking through the initial support around $4.80, the price continued to drop, reaching the $4.25 support level. There was also a brief dip below previous support levels. Consequently, in 2023, the cryptocurrency's value hit its lowest point, reaching approximately $4.135. This clearly indicates a downward trend in the medium term.
Currently, there is only one remaining support level around $4 for Polkadot. If this crucial support level is breached, there is potential for a significant further decline, possibly reaching as low as $3 within the descending channel. In the short term, it's reasonable to expect the price to stabilize around these support levels.
ANKR next 🐻 move Looking danger ⚡ to me 🐱
The trend line even act as parabolic curve 🪝
2.½ yr support target 📌 expecting 35-65% crash easily on COINBASE:ANKRUSD
if u have any idea 💡 comment below
DOTUSD: want me some hotdotsI have wanted to accumulate some DOT for a while adding to my portfolio of layer 1 bags but for some reason other names have always been at a more attractive price point and Dot always seems to make a lower high. So, I have always backed out of buyin. Dot has bounced off of last low (didn't make a lower low by fraction of pennies) but most likely won't hold it. According to my Elliott wave count, now would be a good time got get some. If price falls into the rectangle box area, I will add 1 or 2% of my portfolio to Dot and stop loss will be at ATL, so pretty good risk/reward. If price starts to move upwards, then $5.7 lower high area will the spot to watch. I will get some at a higher price if there is a new uptrend. I like how this project enables defi but the current regulatory landscape might be working against it. At any rate, I think it is a good project and I want to hold some for long term.
Polkadot - key levels - investmentI think $4.585 is a perfect long-term buy zone. Dot has a monthly rangetrend that supports the upward move and some levels.
1st target - would be in the area of monthly resistance at the price of $7.42 - almost 60% profit.
2nd target - would be in the area of weekly resistance at the price of $8.54 - almost 85% profit.
If the Polkadot price never reaches this weekly support, you can buy at $5.55 for 30-40% of your budget, and if the price drops to $4.585 , you can buy the rest.
