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Polkadotusd

Crypto Polkadot DOT/USD View on Polkadot DOT/USD (19 Oct 2020) This is one of the promising coin/crypto in the Cryptosphere. I expect it shall resume it's Bullish trend soon. As long as $3.5 region is support well, it will break its down trend line and breaks up soon to $4.5 to $5.3 region. DYODD, all the best and read the disclaimer too. Feel Free to "Follow", press "LIKE" "Comment". Thank You! Legal Risk Disclosure: Trading foreign exchange or CFD on margin carries a high level of risk, and may not be suitable for all investors. The high degree of leverage can work against you as well as for you. Before deciding to trade foreign exchange you should carefully consider your investment objectives, level of experience and risk appetite. The possibility exists that you could sustain a loss of some or all of your initial investment and therefore you should not invest money that you cannot afford to lose. You should be aware of all the risks associated with foreign exchange trading, and seek advice from an independent financial advisor. DISCLAIMER: Any opinions, news, research, analyses, prices or other information discussed in this presentation or linked to from this presentation are provided as general market commentary and do not constitute investment advice. Sonicr Mastery Team does not accept liability for any loss or damage, including without limitation to, any loss of profit, which may arise directly or indirectly from use of or reliance on such information.
Long
by SonicDeejay
4
Polkadot a bullish setupHey friends hope you are well and welcome the new update on Polkadot (DOT). On daily chart the price action of DOT is moving in a down channel and making a powerful attempt for the breakout the resistance of this channel. On the small time period 4-hour chart the price action has broken out all simple moving averages with the time period of 25, 50 and 100. Now I would like to draw your attentions towards a powerful bullish move of the Polkadot coin that it has formed bullish Gartley pattern in US dollar market and the Bitcoin markets as well. The patterns and targets are as below: Polkadot with US Dollar pair Gartley move: The priceline of Polkadot (DOT) with USDT pair has formed bullish Gartley on the 2 day chart. The targets as per Fibonacci sequence of Gartley are: Potential reversal or buying zone: $3.85 to $3.03 (this is stop loss as well) Fibonacci projection or sell zone: $4.49 to $6.04 Polkadot with Bitcoin pair Gartley move: The priceline of Polkadot (DOT) with Bitcoin pair has formed bullish Gartley same as like with US Dollar pair on the 2 day chart. The targets as per Fibonacci sequence of Gartley are: Potential reversal or buying zone: 0.00037629 to 0.00031935 btc Fibonacci projection or sell zone: 0.00042099 to 0.00052901 btc Conclusion: The price action of Polkadot is showing very positive gesture as it has broken out all SMAs with time period of 25, 50 and 100 on 4-hour chart and likely to breakout the resistance of the channel soon. However, we should use the potential reversal zone as stop loss because if this PRZ level will be broken down then the price action of DOT may move more down for the completion of Butterfly move.
Long
by moon333
1
~ BeaRisH DOTFrom an exclusively bearish connotation, if DOT fails to break the decending triangular formation, makes it likely to nose dive into the $3.50 price range. In which could, be a great buying opportunity if you missed out on the early pump action it had when Kraken and Binance listed it. Moreover, if that does come to fruition, DOT will heavy resemble LINK in its over 50% decline. But fundamentally, DOT is highly rated, and this bearish trend is to to shake out the weak hands. Cheers, My CtyptO SlangEr’s & Hodl Strong!
Short
by AB_Trading-Intelligence
DOT.USDT (Y20.P4.E2.v2).Nice trend.Looking for next entryHi All *** Note that this is a continuation of the previous post, link provided below *** With a good prospect of potentially having higher BTC price and dominance (or pause at the 10800 range for another consolidation) will give the ALTs a opportunity to create a bull flag or reversal formation. With dot, in the short term, downward pressure. Hence I'm watching this space with DOT and using the RSI to give clues as to what is next. FYI, I have BTC dominance still with upward pressure. Meaning either BTC goes to the 11,150 mark or BTC drops to retest 10600. I'm leaning towards up. Note the BTC and SP500 chart. ****************************************************************************************************************** BTC Dominance chart ****************************************************************************************************************** BTC left and SP500 right chart ****************************************************************************************************************** 2 HRLY chart, potential formation ************************************** ****************************************************************************************************************** Please give me a tick or like for this post. Regards, S.SAri ****************************************************************************************************************** PREVIOUS POST
Long
by ssari
2
Polkadot Price Prediction: DOT Stalls Under $5.5 Polkadot becomes the fifth-largest cryptocurrency after toppling Chainlink (LINK). DOT/USD bulls are looking forward to breakout above the ascending channel. Polkadot has grown massively in the last two months to the extent of displacing much older coins from top positions in regard to market capitalization. Over the weekend, the token surged above the stubborn resistance at $5, extending the bullish leg above the next hurdle at $5.5. The most significant milestone was the surge in market capitalization. DOT displaced a couple of projects including Chainlink and Binance Coin to become the fifth-largest digital asset in the market. At the time of writing, Polkadot is trading at $5.36, following a retreat from the weekend highs. The token has a market capitalization of $4.5 billion. Binance Coin currently seats in the sixth position with a market cap of $4.2 billion. On the other hand, Chainlink has been pushed two positions back to the seventh spot with a market cap that stands at $4.1 billion. Obviously, the biggest question is, can DOT sustain this uptrend? For now, the answer is yes, considering that the 4-hour chart shows the price trading above both the 50 Moving Average (MA) and the longer-term 100 MA. The Relative Strength Index (RSI) in the same 4-hour chart shows that buying power is still present, although not as high as it was over the weekend. The RSI has recovered from a minor dip to 55 and currently holds the ground above 60. If the leveling motion takes over, there is a chance that Polkadot will consolidate above the 100 MA at $5.25. If push comes to shove, the $5 level will come in handy. Polkadot Intraday Levels Spot rate: $5.36 Relative change: -0.0181 Percentage change: -0.40% Trend: Bullish Volatility: Expanding
BINANCE:DOTUSDLong
by CoinGape
2
DOT - How to make predictions with less dataThe difficulty here comes when one considers that we do not have the type of data that we have at our disposal with other cryptocurrencies that have charts going back years. So, to say to what extent DOT is bound to the move(s) of the market is difficult. To say what direction the RSI will turn next is also difficult, but I put forth the idea that the RSI (at the moment) is low, and may start to rise again; I dare to also state that the fundamentals of this one will take over. This is fundamentally sound, has great opportunities for headlines, but beyond that -- I believe it will play out it's RSI ups/downs faster and more aggressively -- seeing that it is being put through the early stages of testing the sentiment the community has for it. I was swing-trading it a few weeks ago, and that is where I caught a glimpse of how aggressively it was moving within the bollinger bands. What would have otherwise been a few candles (touching the bottom band) were - instead - singular wicks that flashed down. It slowly started to behave more-so like what we are used to, and I see this as confirmation that the (speculative) sentiment is positive. So, I was a little surprised to see this dip come in and last this long, but also ... we don't have the data, so I believe its moves will just be faster and more aggressive. Long-term and short-term bullish, but I also do not think it is going to the moon (yet).
BINANCE:DOTUSDLong
by naynay447
DOT (Polkadot) - The levels I look atThe fall of the crypto market did not bypass polkadot either. After losing $5.5 resistance it keeps falling and currently testing $4.5 support. If we close below the next target is $3.8. The worst case is that the whole pump will be retraced and we'll back to $2.5 Two setups I see here: * Scalp short from the previous support break at $5 * Scalp long from ~$3.8 area Hit the "LIKE" button and follow to support, thank you! Information is just for educational purposes, never financial advice. Always do your own research.
by Bitduke
DOT /USD AnalysingWhen DOT was above $6,2 , here i shared that DOT will make a correction and fall to $4,5 -Now this target has been successfully succeeded and DOT will start rising from this poing and its support level is $4,6 It's getting ready to make new ATH above $7 . After coin market cap showing DOT in the top 10 ithis will bring new investors to the DOT . We may see Coinbase listing soon too ,beacuse there are some serious news that DOT will be added to Coinbase. Coins listing on Coinbase automatically boost its price over %40 higher. Good luck.
BINANCE:DOTUSDLong
by The_Geronimo
5