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Polkadotecosystem

$KSM/USDT 90m (Binance Fut.) Symmetrical triangle near breakoutKusama is accumulating for a week and just regained 50MA, seems to be ready for a local up-trend. Self-described as "Polkadot's wild cousin,"that blockchain platform is designed to provide a massively interoperable and scalable framework for developers. Current Price= 332.11 Buy Entry = 332.39 - 326.51 Take Profit= 349.97 | 373.21 | 395.29 Stop Loss= 312.97 Risk/Reward= 1:1.25 | 1:2.66 | 1:4 Expected Profit= +18.69% | +39.84% | +59.94% Possible Loss= -15.00% Fib. Retracement= 0.382 | 0.618 | 0.883 Margin Leverage= 1x Estimated Gain-time= 1 week
Long
by TradingOn
MOVR / Moonriver 🤩What Is Moonriver (MOVR)? Moonriver is an Ethereum-compatible, smart-contract parachain on Kusama. It is intended to be a companion network to Moonbeam, where it will provide a permanently incentivized canary network. New code will ship to Moonriver first, where it can be tested and verified under real economic conditions. Once proven, the same code will ship to Moonbeam on Polkadot. It does this by providing a full EVM implementation, a Web3-compatible API, and bridges that connect Moonriver to existing Ethereum networks. This allows developers to deploy existing Solidity smart contracts and DApp frontends to Moonriver with minimal changes. As a decentralized smart contract platform, Moonriver requires a utility token to function. MOVR is central to the design of Moonriver and cannot be removed without sacrificing essential functionality. The Moonriver token uses include: ° Supporting the gas metering of smart contract execution. ° Incentivizing collators and powering the mechanics around the creation of a decentralized node infrastructure on which the platform can run. ° Facilitating the on-chain governance mechanism, including proposing referenda, electing council members, voting, etc. ° Paying for network transaction fees.
Long
by Ed_Ale
Polkadot a possible revisit to the 40$ resistanceHello everyone, as we all know the market action discounts everything :) _________________________________Make sure to Like and Follow if you like the idea_________________________________ Dot was able to find solid ground after the flash crash that happened last week, where most coins were finding it hard to stabilize dot was able to bounce right back up. and the Dot Chart gave us a sign with an RSI divergence warning us about the drop. Possible Scenarios for the market : Scenario 1 : The market is trending at 32.31 and it's nearing the first resistance level at 33.00, The buyers are showing a lot of strength so there should be no problem breaking out that level. The main battle will be at the second resistance line at 34.43 that's where we get our confirmation of the market is going back to the 40$ level. IF the Bulls were able to win and keep control over the market then the price will reach 36.79 in the next few days and will be headed to the 40$ resistance. Scenario 2 : After the market reaches the second resistance line at 34.43 the Bears will try with all their might to take control over the market and drop the price down. By doing so the price will drop near the first support line at 29.20 where a possible bounce will happen that could drive the price back on track up. Technical Indicators show : 1) The market is above the 5 10 20 50 100 and 200 MA and EMA (Strong Bullish Sign). 2) The RSI at 59.62 showing great strength in the market and giving us a buy signal. 3) The ADX is at 29.27 showing that the market is trending, With a positive crossover between DI+ (20.48) and DI- (18.69) Support & Resistance points : support Resistance 1) 29.206 1) 33.000 2) 26.847 2) 34.433 3) 25.413 3) 36.793 Fundamental point of view : Polkadot (DOT) is a native token of Polkadot protocol — a solution aimed to bring interoperability into the world of blockchain, providing the way to connect public and private chains, oracles, and other developments in the crypto space into a united web. The development of Polkadot started in 2016, and the network itself launched in May 2020. Gavin Wood, a former CTO of Ethereum, is among its founders. Blockchain infrastructure protocol SubQuery has raised $9 million in fresh funding aiming to enhance data aggregation for the Polkadot and Kusama ecosystems. Funding will go toward accelerating SubQuery’s technical and community roadmap. SubQuery is a decentralized data aggregation, indexing, and querying layer providing functionality between layer 1 blockchains and decentralized applications (dapps). The platform seeks to enhance user access to decentralized blockchain data by creating a marketplace for data indexing and provisioning. This is my personal opinion done with technical analysis of the market price and research online from fundamental analysts for The Fundamental point of view, not financial advice. If you have any questions please ask and have a great day !! Thank you for reading.
Long
by GabiDahduh
5
DOT 12h For the medium term, we are ready to buy at $19Only a month has passed since the publication date of the previous idea, and the DOTUSDT price has doubled in price and met its upside target. In a previous idea, we wrote that the weaker the correction, the stronger will be the rise. If you look at the previous idea, you will see that there was almost no correction and this is the result. The buyers were able to take the DOT up to $36 and that's where yesterday's drop happened. We would like to be wrong, but it seems to us that this is not the end of the decline, and the +/- safe zone for buying DOTUSD will be somewhere around $19. Yes, we don't rule out a slight bounce of the Polkadot price up to $28-29 in the coming days, but globally we think the full growth correction is not over yet. _____________________ Do you like the idea fulfilment? Does it help you trade and make a profit? Do you want more forecasts from us? Give us motivation! (Like, comment and donate). These little things won't make us rich, but they will warm the trader's soul while writing the next idea!
by P_S_trade
44
Polkadot going strong!! 12 days of white candles in a row!Morning Folks, Here is Polkadot/ Usdt. This one is going strong.. we see a strong uptrend in the daily and 4 hour chart The daily chart shows us 12 days of consecutive bullishness.. in a row!! Wow that's massive. The 4 hour chart tells us we are In constructing the 5th of the Elliot impulse waves. Count the waves + the sub waves. The question is where will it end? I see it possible to end somewhere between $25/26.- There is only 1 but!! Check the RSI. is showing some kind of divergence.. The RSI isn't making any new highs while the price is making new highs.. That's divergence and that is something to be careful for. It could mean we have reached the top and that the 5th wave of the Elliot is ended here and we are ready to decline In price. Otherwise we will make higher highs with the price and we tend to neglect the RSI.. Lesson 1 in trading ; Always go with the trend. The trend is your friend. Well that trend is definitely up!!
by MoneyMakingMuro
3
Polkadot to 100$Making it Quick, if BTC starts now his second BulllRun impulse, Altcoins will follow the King exponentially. Polkadot fell down to his Bottom 10$ and potentially could make 10X to a new ATH. This is the moment where you make the money comes in. Remember to manage your invest on the Run like you did manage your invests on the last Dip. Gains should be taken Partially and never go all in for Security. -------------------------------------------------- Trading Parts : -------------------------------------------------- - Security TP : 40$ - TP1 : 50$ ATH (April 2020) - TP2 : 75$ ( Fibo 61.8) - TP3 : 88$-100$ -------------------------------------------------- Happy Tr4Ding !
KRAKEN:DOTUSDLong
by thecryer
13
Polkadot Buy Signal from Script triggered: EMA Crossover SMAConfirmed reversal, Polkadot Buy Signal from Script triggered: EMA Crossover SMA just below the 23.60% fibonacci level, 43% gain from here to retest the 200 MA. Use buy zone to map your buys. Swing target from here is 160% gain from $18.92 to $49.75. Current Price Targets: $25, $34, $49 & Swing @ $60. Happy Trading :) See previous analysis below. Polkadot (Dot) Buy opportunity! Potential 50%+ Gain to set a New ATH of $50 at the 161.8% Fibonacci Level. Dot's price soared to a high of $42 on 20/02/21. Since setting this new ATH , it has lost some momentum, retracing down to a low of $26 on the 23/02/21 after such an impulsive move, but currently it is still trading 45% above this low 4days ago on the 23/02/21. The fundamental outlook for Dot in the long-term is great and still very much bullish , its total Market Cap is at $33.7 billion and currently ranked 6th biggest digital currency in the world after Bitcoin , Ethereum , Cardano, Binance Coin and Tether. Over the coming month we expect Dot to retest the previous ATH of $50 at the 161.8% Fibonacci extension .
BITFINEX:DOTUSDLong
by CryptocurrencyMagnet
POLKADOT ECOSYSTEM WHAT'S WRONG?Goooooooooodmorning Folks, As I am a believer in the Polkadot ecosystem and I have positions in this beautiful asset I will give my opinion here on the USDT chart. What I see on the Daily chart for the price coming closer to resistance is not how you would like to see the price action fighting resistance.. Small real bodies with wicks on both sides not with a lot of volume.. As yet prices rise that is positive but yet we have to be aware.. So I always look closer in to the 4 hour chart. Because I have the personal feeling of this chart giving me more information about short term/longer term trends. i.e of hours among day... What I see on the 4 hour chart is the uptrend line being test several times.. and it holds the test. also with determination in the sense of this long lower shadows imply for rejecting of lower prices. That is positive. We clearly making us self ready to fight resistance level again. It has failed to penetrate it 2 times earlier. If we break resistance next price level will be around $16.50.- to test that level. If we don't break resistance there is a likelihood for prices to fall back to $14/$13.5.- If that doesn't hold we fall back even lower to price level around $13.- But be positive because the overall trend last days is up and you know the trend is your friend LOL.
Long
by MoneyMakingMuro
4
DOT, Polkadot - I'll open a position ONLY after this scenario⚡️Big chance to continue down. But, I think, the better pattern for it - squeezing near to 14.975. And only after that breakout. If we do it without it, I'll not trade this breakout. Write in the comments all your questions and instrument analysis of which you want to see. Friends, push the like button, write a comment, and share with your mates - that would be the best THANK YOU. P.S. I personally will open entry if the price will show it according to my strategy. Always make your analysis before a trade
by Yuriy_Bishko
7
Polkadot The Beginning After The Endif you think this little Shakeout will disturb Polkadot future, you are wrong. Time is everything and Fibo never lie. i want give to new comers in Cryptos an optimistic view, this Shakeout was hard for new peoples, but just normal for crypto veterans, we are just at the Beginning of this bullrun.. 90% of altcoins not even broken their 2017 ATH..we still have time and toons of opportunities. i won't speak about Polkadot FA ( Fundamental Analysis ) but i can tell you that DOT can only go up because of his Parachains Slot System. Here a very preservative forecast : ---------------------------------------------------------------- Trading Parts ( Long Term ) : - TP1 : 70$ - TP2 : 100$ --------------------------------------------------------------- Happy Tr4Ding !
KRAKEN:DOTUSDLong
by thecryer
14
DOT, Polkadot - when we come back to 42$?Today price tested the important key level 36.790. I expect some movement near this level. It will be a great breakout pattern. Buy after breakout and retest. Now I see a more long position than short. Because of that, I think we'll come back to the accumulation zone soon. Write in the comments all your questions and instruments analysis of which you want to see. Friends, push the like button, write a comment, and share with your mates - that would be the best THANK YOU. P.S. I personally will open entry if the price will show it according to my strategy. Always make your analysis before a trade
Long
by Yuriy_Bishko
11
DOT/BTC 4 HOURE CHART/CUP AND HANDLE PATTERNHello people! DOT/ BTC CHART I see even if it is not 100% perfect a Cup and Handle Pattern with a potential. We could also form a W pattern in the handle in the 4 hour chart to continue to rise and test resistance again.Do not know if a couple of DOT lovers are there but I am us see a lot of potential in DOT compared to ETH eg. DOT has already made a massive rise and I think we will see in the next few weeks DOT certainly on 60$-100$ I am convinced that shows my opinion the chart and also the development behind this project. I will certainly keep you running in this regard. As soon as the Breakout Startet if it is a CUP and HANDLE pattern and finally break the resistance and confirm I will again accumulate new DOT'S. I am already very early in the project :-) Check out the project guys. Registration link for PHEMEX EXCHANGE: phemex.com Registration link for IMBA EXCHANGE: imba-exchange.co Registration link for BINANCE EXCHANGE: www.binance.com YOUTUBE CHANNEL from EGALITE: www.youtube.com Homepage: egalitesignals.com EGALITE
Long
by IDDTrading
DOT, Polkadot - I expect for the entry point ⏳The price has consolidated above the key level. It created a local downtrend line. If price breaks this key level, it will be a great opportunity to go up. I'll say it again, I think, the coin has powerful potential. Write in the comments all your questions and instruments analysis of which you want to see. Friends, push the like button, write a comment, and share with your mates - that would be the best THANK YOU. P.S. I personally will open entry if the price will show it according to my strategy. Always make your analysis before a trade
Long
by Yuriy_Bishko
16
Polkadot Buy Signal from Script triggered EMA Crossover SMAUpdate from 10/03/21: Polkadot Buy Signal from Script triggered at Buy Zone 2 (50% Gain from the 38.20% Fibs), 13 EMA crossed up above the 50 SMA on the 29th March. As stated from previous analysis below, the move back towards the ATH and beyond to the 127.20% Fibonacci was not expected to be a straight forward push back to the ATH of $42 which we reached on the 20th February, we predicted a potential of 3 push phases and after a lot of consolidation with profit takers in the market, our Swing Call script triggered a strong Buy Signal on the 29th March and after a triple top formed from the push phases which failed to test the previous ATH levels, bouncing at the 78.60% Fibonacci level, we finally had a breakthrough pushing past the previous ATH level of $42 and hitting our 127.20% fibonacci level at $45.81. Our next target for Polkadot is at the 161.80% Fib extension and a price target of $50.59 which is a 16% Gain from the current price level. Happy Trading *Update of Dot's Chart & Analysis from 28/02/2021* Polkadot (Dot) Buy opportunity! Potential 68%+ Gain to set a New ATH of $50 at the 161.8% Fibonacci Level. Dot's price soared to a high of $42 on 20/02/21. Since setting this new ATH , it has lost some momentum, retracing down to a low of $26 on the 23/02/21 after such an impulsive move, but currently it is still trading 45% above this low 4days ago on the 23/02/21. The fundamental outlook for Dot in the long-term is great and still very much bullish , its total Market Cap is at $33.7 billion and currently ranked 6th biggest digital currency in the world after Bitcoin , Ethereum , Cardano, Binance Coin and Tether. Over the coming month we expect Dot to retest the previous ATH of $50 at the 161.8% Fibonacci extension . Note this may not be a straight forward push, but a bullish momentum powered by 3 push phases. Use the Buy Zone area to map your entries, Zone 1 at the 23.6% level and Zone 2 at 61.8% Golden ratio. Overall, there is a high probability that Dot's price will break out higher (68% Gain from current price levels) as the bulls target the next resistance at $50.
BITFINEX:DOTUSDLong
by CryptocurrencyMagnet
1