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Polkadotusd

DOT could take a Breather Above $46 Hitting New ATH The Polkadot price has risen 14% over the last 24 hours as DOT hit a new all-time high at $50.87. The Polkadot network moves toward increased functionality as parachains loom. The Polkadot price rallied approximately 24% on Monday to register a new record high at $50.87, rising above the $49.35 May record high. Increasing functionality of the Polkadot blockchain network provides the hind wind propelling the DOT bullish run. Parity technologies, the company behind Polkadot announced that “parachains” were coming to the network on October 13. Parachains (parallel blockchains) refer to full blockchains that will be incorporated into the Polkadot blockchain network to aid in validating and securing transactions. Polkadot's aim is to increase the interoperability of blockchain networks hence becoming the blockchain for blockchains. This will make the Polkadot network a layer-zero protocol. After the announcement, the demand for Polkadot increased as both the DOT price and trading volumes skyrocketed. However, prior to yesterday, the price was held in a tight price range between $40 and $45. Polkadot Price Rallies 14% To Set New Record High s DOT price bounced off the demand zone (green band) at $40.56 at the end of the weekend as illustrated by the long lower wick on Sunday’s candlestick. This is an indication that investors were getting in on the dips. This bolstered the DOT bulls on Monday who have pushed the Polkadot price 14% upwards over the last 24 hours. A rally that saw the asset hit a new record high at $50.87. The bears, however, are determined to pull the DOT price down. If Polkadot turns down from the current price around $48.56 it will find support at the $46.30 level. Therefore, expect DOT to take a breather at the end of the supply zone at $46.30 after which a resumption of the upward movement to new record highs above $50 will be the next logical move. On the downside, a slip below the $46.30 level could see the Polkadot price drop to tag the 50-day SMA at $36.76.
BINANCE:DOTUSDLong
by CoinGape
DOT, 60, 100 or 180❓❓❓I have un-stake my DOTs and ready for TP, The end of this bull cycle is near.. December or maybe January. PolkaDot is one of my favorite coins, I believe it has very strong fundamental back-up and it will be an important part of crypto future. The TA is simple by combining some different Fibonacci in normal and logarithmic chart I came to this analysis, that you can see on the chart. Don't forget to hit the like button if you like this analysis and feel free to ask me your questions or your ideas in comment section ;)
Long
by ArshiaZojaji
6
Highly anticipated Polkadot Parachains auction is bullishHello everyone, It's been a while, i've been very busy with The OWL channel. Here is a DOTUSDT chart. Polkadot is looking good, KDJ is green on every timeframes and DOT keep creating higher high.. Resistance to watch : 0.9 at 44.58$ 1.23 at 57.06$ Going over 57$ and confirming 57$ new support can trigger another swing to : 161.8% = 68.55$ 175% = 72.30 200% = 79.41 261.8% = 96.99$ Last 2 weeks candle push us over the last tweezer top resistance (green dots lines).. Now not much resistance left until last ATH and the 1.23 fib. Parachain Auction will start soon for Polkadot... first auction is slated to begin on Nov. 11. Which you the best ! Crypto Mercy
Long
by Crypto_Mercy
Polkadot ready for a swing to 68$It's been a while, i've been very busy with The OWL channel. Here is a DOTUSDT chart. Polkadot is looking good, KDJ is turning and the RSI is responding, no divergence on the last higher high.. We are now very near a new ATH... What to watch : Resistance 1.23 at 57$ Going over 57$ and confirming 57$ new support can trigger another swing to : 161.8% = 68.55$ 175% = 72.30 200% = 79.41 261.8% = 96.99$ Last 2 weeks candle push us over the last tweezer top resistance (green dots lines).. Now not much resistance left until last ATH and the 1.23 fib. Which you the best ! Crypto Mercy
Long
by Crypto_Mercy
MY MINIMALIST ANALYSIS FOR POLKADOT$DOT 10.23.21 116H +8 SINGAPORE ALERT: MARKED ENTRIES and EXITS FOR A SWING TRADE HOW TO USE MY CHART It is designed for SWING TRADES at the BOTTOM. I do not SHORT (in support of all the DUMB-MONEY traders like me.) Though you can still use it. Created on a WEEKLY & DAILY Analysis of Dynamics of the Market. LARGE BOXES are major pivots that will occur, while the small boxes are MINOR PIVOTS. These can be entries to a BUY/ SELL POSITION or an EXIT/PARTIAL EXIT/TOP-UP AREAS. Watch out for Chart Patterns, Candlestick Math, Market Dynamics, and your Fibs. This CHART is best used without indicators. The MINOR and MAJOR BOXES (TOPs and BOTTOMs), together with the market's price action and the above mentioned is sufficient enough as analysis when ENTERING AND EXITING TRADES. Thank You for your appreciation and support (Follows, Comments, and Likes.) DISCLAIMER: The findings of the following analysis are the sole opinions of the publisher of this idea and should not be taken as investment advice.
KRAKEN:DOTUSDLong
by The_Crypto_Samurai
Polka Dot divergence and Fractals So I am looking at this daily.... They had 25 days of price growth with a downward trend of RSI: Causing a 35% pull back Naw we see a solid recovery but it looks like the same thing is playing out on a smaller scale? Coould we see RSI tend down while price goes up? Could the pull back be at the prior ATH resistance of just shy of $50? Ill watch it and update it.. I am always sus on shorting in the bull market...if I do it for 5 or 10% swings. because it could spike hardcore upwards on a dime. But also with the release or Parachains and ecosystem growth...I could see Dot do 300 easy this bull run.
by BlockchainBreakdown
Polkadot Price AnalysisDOT is trading within a tight range after bouncing off the psychological level of 40 earlier in the week. On Wednesday, the altcoin has been on a rebound for two consecutive sessions. Subsequently, it hit an intraday high of 45.53 on Thursday before pulling back. On a three-hour chart, it is trading above the 25 and 50-day exponential moving averages. In the immediate term, I expect the crypto to trade within the horizontal channel of between Thursday’s high of 45.53 and along the 25-day EMA at 42.65. Above the channel’s upper border, the bulls will strive to retest the year’s high of 49.75. On the flip side, a move below the lower border will likely have the bears retesting the support zone of 40.00. Feel free to get in touch for premium trade signals
KRAKEN:DOTUSD
by thomasfullerofficial