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Polkadotusd

Polkadot Critical Momentum - Since 2015, Bitcoin showed me a glimpse of what decentralization could achieve – true empowerment of people through a trustless, resilient network. - By 2020, Polkadot amplified that vision for me, giving projects the freedom to build their own blockchains and putting governance back in the hands of the people. It may seem utopian, but Bitcoin has already proven it's possible with POW (proof of work). - In this 2024 pre-bull market, I’ve heavily watched BNB, Solana, and Toncoin bring in impressive profits. - I’ve followed these projects since their inception. BNB, tied closely to Binance, shares its fate—if Binance falters, so will BNB. Solana’s development team holds substantial control, often restarting the blockchain when it encounters issues, which raises questions about its decentralization. Similarly, Toncoin’s future is tied to Telegram’s success, meaning that if Telegram fades, Toncoin would likely follow. - All three projects – BNB, Solana, and Toncoin – have been heavily influenced by hype, memes, and venture capital backing. - Back to the trend : - Polkadot is at a critical juncture: if it doesn't break the downtrend, it could easily slide back to $3.60 or less, if it breaks up $5.50 is the next critical point. - Cryptos remain highly volatile and unpredictable. Invest wisely, do your own research (DYOR), and approach each projects with caution. Happy Tr4Ding!
KRAKEN:DOTUSD
by thecryer
7
Polkadot- I understand it may feel like a challenging time, but remember, fortune favors the bold. - Using extreme leverage, whether 30X or 100X, won't lead to wealth. - it often leads to losses. - Instead, consider buying on the spot market; it's a more stable strategy. When the market dips, that's the perfect time to dollar-cost average (DCA) more. - Hold your positions, stake wisely, and most importantly : - exercise patience. - it's the ultimate key to success. - Keep an eye on the charts, watch for triple bottoms, track trends, and be mindful of bubbles and Fibonacci levels. Happy Tr4Ding!
KRAKEN:DOTUSDLong
by thecryer
11
Polkadot (DOT) Set for Potential Rebound? Key Price Action Signa👀👉 Despite recent downward pressure, Polkadot (DOT) is showing a bullish break of market structure on the 30-minute timeframe. I’m closely monitoring for a possible buying opportunity, guided by the key criteria discussed in the video. In this analysis, we’ll highlight the critical price action signals to follow and how to strategically position yourself for the next potential move. Disclaimer: This analysis is for informational purposes only and does not constitute financial advice. 📊✅
Long
by tradingwithanthony
Polkadot (DOTUSDT) Falls Fast! TP1 Hit, More Targets in Sight!Technical Analysis: Polkadot (DOTUSDT) on the 15-minute timeframe entered a short trade with a clear rejection of the Risological Dotted Trendline, signaling strong bearish momentum. Key Levels: Entry: 4.450 Stop Loss (SL): 4.534 Target 1 (TP1): 4.347 ✅ Target 2 (TP2): 4.180 (In progress) Target 3 (TP3): 4.013 Target 4 (TP4): 3.910 Observations: Price respected the Risological Dotted Trendline as dynamic resistance, confirming the downtrend. After hitting TP1, Polkadot remains in a solid downward trajectory, increasing the likelihood of hitting subsequent targets. Volatility is providing momentum, which could lead to quicker completion of lower targets. Polkadot's bearish move continues to unfold as TP1 is confirmed. Watch for the price to challenge TP2 and beyond as this short setup gains further momentum.
Short
by ProfitsNinja
2
Polkadot / DOT ( Hot or Not? )The price of DOT is $7.5 today with a 24hour trading volume of 777 million dollars. This represents a 2% price increase in the last 24 hours and a 22.00% price increase in the past 7 days Polkadot is a platform that allows diverse blockchains to transfer messages, including value, in a trust free fashion; sharing their unique features while pooling their security. In brief, Polkadot is a scalable heterogeneous multi chain technology made by Gavin Wood, Robert Habermeier and Peter Czaban. but is it hot or not? 4.5$ for Dot is a Dip and the next targets are 7.5, 7.9 and 8.3$. the next big resistance for Dot is 8.5$
Long
by moonypto
16
Polkadot 2.0- So i predicted many times that 4.30$ was the bottom. - And i was wrong, Polkadot is still young. - Trading Altcoins is like that, it's really hard to predict a perfect bottom with a new project. - it's much more easy with BTC because TheKing volumes are high and it stays around from many years already. - Remember that Trading is trying to predict the future by looking at the past, more you have data from past, more the job is easier. ------------------------------------------------------------------------------------------------------------- - A bit FA here : ------------------------------------------------------------------------------------------------------------- - Polkadot did the same as Cardano's first bullrun, it went back to the start. ( i will post a Cardano Charts in comments ) - Actually it's not a sign of weakness, but an opportunity. - Polkadot didn't make noise just because they want to build steady following some SEC rules. - Now if you follow the news, you can find that Cardano, Polygon and Near Protocol are building on Polkadot's SDK, DYOR it more to get some more informations. - With time Polkadot could be the mother of all blockchains connections and interoperability. - Remember what they had to do with ETH when problems came around, they forked it for ETC ( Ethereum Classic ). - Polkadot doesn't need any FORKs, everything can be changed by votes in the governance. - The difference between DOT and ETH is very simple. - Polkadot is scalable, Ethereum is not. ------------------------------------------------------------------------------------------------------------- - Trading Parts : ------------------------------------------------------------------------------------------------------------- - So Right now look at the graphic. - DOT made a bottom around 3.60$. The exact same bottom it did in 2020. - DOT is actually staying near a demand zone (6$). - i do not recommend to buy now but wait for a retracement or a breakout from this area. - To get peace of mind i would buy DOT after 8$, after that zone, it's a free fly! ------------------------------------------------------------------------------------------------------------- My predictions on DOT for the next bullrun are unchanged : ------------------------------------------------------------------------------------------------------------- - Security TP : 85$ ish - Middle TP : 140$ ish - Max ATH : 220$ ish ------------------------------------------------------------------------------------------------------------- - if you missed to become a Whale with ETH in 2016. - Here yours second chance with Polkadot. - Stay S4fe Happy Tr4Ding !
KRAKEN:DOTUSDLong
by thecryer
48
Will PolkaDot DOT reach the sky this bullrun?Hello, Skyrexians! Despite the Bitcoin price fast recovery after correction, altcoins remain dead and we understand that it's really annoying for most of market participants. Most of traders now in huge loss after -60% dump for entire crypto market since March 2024. But crypto trading is very risky to experience it without proficiency in different crypto trading strategies. This time even top crypto bot trading strategies and the best crypto traders failed. Nobody has been waiting for such a big crash. Analyzing ideas of top crypto traders on TradingView we can see that most of them are still bullish. For sure it does not mean that market will definitely do down, but if when it start bouncing they remain bullish mood it's gonna be dangerous signal and different trading tools such as automated trading bots, grid trading bot and other algorithmic trading bots can face with a huge loss again. In our opinion only ai crypto trading bot can overcome this problem because of using non linear approach. In today's article we are going to share with you our analysis on BINANCE:DOTUSDT to help you setup your crypto trading bot algorithm or trade manually. Hope it will help to avoid mistakes and decrease potential losses. Let's get started! DOT macro overview History of this crypto asset has enough bars to make a complex analysis. This fundamentally strong L0 project has been listed in 2020 just before the massive bull run. The previous bull run wave the largest degree wave 1. After that we saw the first sell off. Some traders may tell that it's wave 4, but we counted it as wave A inside the larger wave 2. Wave B set up the bull trap and printed the irregular correction and after that the wave C has started. In our opinion this wave C inside 2 has been finished in October 2023 with the massive reversal bar at the bottom. This is the strongest signal of trend end. Now the new impulsive wave 3 has been started. We want you to pay attention to the fact that DOT is the uptrend asset, price has not hit the previous bull run start and it's the great sign that in this cycle it has a great chances to set new ATH. Talking about potential targets we can use our favorite Fibonacci extension. The most conservative target is $51 (almost at the ATH), the likely one is $79 and unbelievable is $119. We expect the reaching at least the first target in $2024-$2025.
Long
by Skyrexio
2
Polkadot Next BullRun- Okay now that we got the Bottom ( 4.3$ ish). - We can try to calculate the highest points for the next bull run. - i am not in patterns too much but we can see that DOT formed a kind of Cypher Bullish Pattern. - A resistance was created around 9.80-10$. - So Polkadot will have to go retest this zone and breakout to climb more. -------------------------------------------------------------------------------------------------- - TP Zones : -------------------------------------------------------------------------------------------------- - TP1 : 50$ ish (ATH 2021). - TP2 : 85$ ish (161.8 Fibo). - TP3 : 200$ ish (Max Fibo 423.6). -------------------------------------------------------------------------------------------------- - Like Always : -- Take your train ticket before the mass. -- Sell when others rush to buy :D. Happy Tr4Ding !
KRAKEN:DOTUSD
by thecryer
39
Polkadot (DOT) - Bearish Short TermPolkadot (DOT) has also fell below the 20-day EMA & 50-day EMA on April, 2nd. Previous support level for DOT has been broken at: $8.67. A daily candle is going to close bellow this support level and both EMA's which is extremely bearish short term. Due to this, bears could push the price action down towards to around $8.20 area. However, If Polkadot bulls can hold the price and rebound off $8.20 by the end of this week. Bulls will create a rally to retest $9.74 target shown from the chart. A break above this, bulls will have more momentum and attempt to push the price further to $11.88. Key Levels: -New Support= $8.02 -Previous Broken Support Level= $8.67 -Target= $9.74 *Resistance= $11.88
Short
by Bitcoin_Benny
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 waite for rengAnalysis by EZ7.startegy📊 This idea represents a price chart for the crypto asset **DOTUSDT**, analyzed using the **EZ7strategy. Let's break down the key elements: 1. **White Trend Lines**: These lines depict the asset's price movements. 2. **Red Annotation**: It signifies the strategy "Sell in high channel and base bear-trend." 3. **Green and Red Shaded Areas**: These indicate potential buy and sell zones. 4. **Price Levels**: Midle target levels at 7.295 and 7.737 are highlighted. 5. **Oval Highlight**: Indicates where the trendline and candle base broke, suggesting a potential trend change or significant price movement. 6. **DOTUSDT Logo**: Visible at the bottom right corner. Using images and charts in crypto asset analysis can be valuable for professional traders. This image may provide useful insights into the price trend of DOTUSDT.
by ehsancrypto72