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Polkadotusd

DOT ready, good entryPolkadot is one of my favourite cryptocurrency with strong fundamentals. There is a good trade and entry in the pipeline here. DOT just terminated the first impulse wave on the hourly frame. It is currently sitting just below the reflex point, which is strong resistance and a reversal point. Good signs are pointing that the trend reversal is in play... An inverted Head and shoulder have been completed at the bottom. I expect a retracement now to at least the 0.5 of wave 1 ($15), where I will look into entering a trade. If the conditions are not broken, we will see $20 in few days after completing a major inverted head n shoulder on the 4h frame. This will confirm the reversal, and we should sit on a nice spot for the next bull run. In the short term, this will be a 35% trade. However, there are different target where I will TP ($16.8, $18, $20) each in different percentages. Just a quick reminder, this is an educational post. It is not intended as financial advice, always DYOR.
BINANCE:DOTUSDLong
by CFcryptoTA
POLKADOT Massively Undervalued vs ETHAfter the big surge in DOT since early 2021, DOT moved all the way down to test the absolute bottom vs ETH since its launch. Expecting this lower range to be the bottom and a trend reversal in the coming weeks. There's bullish divergence in the RSI and MACD. Parachain auctions will be launching for DOT in the coming weeks, this will also highly increase the demand for the coin. This is not financial advise, it's just to keep track of my own trading.
Long
by Stricken
1
KSM Forecast Update Idea!Hello my friends Welcome to this analysis about KSM / TetherUS forecast update, We are looking at the 4-Hr time frame perspectives. I assume the upward channel as you may see and the programs KSM is scheduling during near future. let's cross fingers ...... KSM Parachain Auction Schedule per below: 2021/06/15, 12:00 GMT: First Kusama Parachain Slot auction commences. Bids may be placed. 2021/06/17, 09:00 GMT: First Kusama Parachain Slot auction ending period begins. Only bids made prior to this point will certainly be considered in the final result. Bids made following this point have a linearly reducing chance of being considered. 2021/06/22, 09:00 GMT: First Kusama Parachain Slot auction bidding ends. No bids may be made on this auction following this point. 2021/06/22, 11:00 GMT: First Kusama Parachain Slot auction winner selected. The auction winner is determined as the highest bidder at some randomly selected point over the past five days. 2021/06/22, 12:00 GMT: Second Kusama Parachain Slot auction commences. 2021/06/29, 12:00 GMT: Third Kusama Parachain Slot auction commences. 2021/07/06, 12:00 GMT: Fourth Kusama Parachain Slot auction commences. 2021/07/13, 12:00 GMT: Fifth Kusama Parachain Slot auction commences. Technicals 1) There's Hidden Bullish Divergence on the 4H chart of KSM - Price has made a higher low while the RSI oscillator is making a lower low. 2) Daily MACD has a bullish cross 3) Daily EMA ribbons are all bullishly crossed (not many cryptos have even a single daily EMA bullish cross) -This is looking ripe for an ATH high to be made in the next few days - I've made an illustrative path the price could take to end of June - don't take it as verbatim. Anything can happen! In this manner, thank you for your time to take a look at this!
by Daragolbon
Polkadot Potential Wycoff AccumulationWycoff Accumulation is something I spent the last few days reading about since I keep seeing everyone talk about it. While I don't necessarily believe this trend will last this long - the market has been very stale and there is still a lot of fear. This model does follow the narrative of corporate accumulation as well. Tesla is very innovative and I'm assuming they have a board that is the same, these other dinosaur companies don't. It takes months or years to get moves improved, but I'm expecting other companies will follow. The spike in price in July also follows Polkadot's parachain auction. While I want this to be a quick correction - the price collapsed so quick that most big/new investors probably want to wait for a confirmed bottom especially with the history of crypto. You don't get rich from FOMO - they aren't rushing in. I tried to match the model as best as I could, but realistically the model doesn't need to be exact to be right, and yes this is the Polkadot futures chart which isn't the best indicator of the market by any means. March to mid-May the charts bouncing in a price discovery zone after running up for 3 months, it's not unreasonable to assume support will be tested the next 4 months. This could be completely wrong as well, there are other things going on in the chart as well, just wanted to give a conservative possibility.
by QuadCitiesCrypto
DOT goes ballistic, launching toward $28Polkadot becomes of the most improved crypto assets in the top ten. The token rallied in tandem with Bitcoin's recovery from $31,000 to $37,000. Support at $20 played a key role, ensuring that DOT did not explore lower price levels. Meanwhile, most cryptocurrencies are in green on Thursday toward the end of the Asian session. Similarly, Polkadot trades at $24 following double-digit gains of over 14%, accrued in the last 24 hours. Polkadot uptrend seems intact Polkadot has lifted above two critical levels, the 100 Simple Moving Average (SMA) and the 50 SMA. These are significant milestones within this recovery mission. Note that a four-hour close above these levels would validate the upswing to the next critical level at $28. The Moving Average Convergence Divergence (MACD) indicator adds weight to the bulls' ability to take down the seller congestion at $28 and perhaps catapult DOT beyond $30. The MACD is a momentum indicator; it also follows the trend of an asset. Both sell and buy signals are usually expected from this technical indicator. Realize that the MACD line crossing above the signal line, as illustrated on the chart, is a bullish signal. The MACD line dropping beneath the same signal line is a call to sell on the flip side. Moreover, a break into the positive region (areas above the zero line) is another bullish signal. The Relative Strength Index (RSI) cements the bulls' presence in the market. This indicator tracks the trend of an asset and measures its momentum. Note that a sharp movement toward the overbought region shows the aggressiveness of the bulls. The RSI also identifies when an asset is overbought or oversold. Therefore, as the indicator hits the overbought region, investors should tread cautiously to avoid being caught unawares by a correction. Polkadot intraday levels Spot rate: $24 Trend: Bullish Volatility: Low Resistance: $28 and $34 Support: $20 and $14.5
BINANCE:DOTUSDLong
by CoinGape
4
Polkadot (DOTUSDT) bullish inverse head and shoulders!DOTUSDT is testing the neckline of the inverse head and shoulders pattern at $22. Bitcoin has already broken out of the inverse head and shoulders , so lets see if Polkadot can follow. A break above $22 with good volume could be a good place for a long. That said, right now there is the 200MAs serving as resistance, so price needs to break through that; failure to do so could send prices lower and invalidate the inverse head and shoulders bottom breakout setup. As always, I’m not a financial advisor, do your own research, and stay safe! Why Follow 1. Daily technical analysis 2. Live trade setups and updates 3. Group of TA experts 4. Live whale alerts 5. Critical news
Long
by cryptotraderog
2
DOT, Polkadot - we can break downtrend line👀The price touched the downtrend line 5 times. Now we're trying to break it. The best pattern to buy I see in one case: we'll break local key level and make retest. Set an alert and wait. Only with stop-loss. 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
4
Short Idea for Polkadot (DOT)Polkadot (DOT) broke down from a toppish broadening wedge last May 20, along with the rest of the cryptomarket. USD 28 which had served as support since February, was swiftly taken out by the bears. There's now 3 months worth of volume at the top weighing down on DOT. Since the breakdown, the market has consolidated into a symmetrical triangle. Given that this is usually a continuation pattern, we're leaning on the downside. A break of this triangle would drive prices down to next major support, a decent opportunity to make profit. A clean break from this triangle at 18USD could push prices down to USD10 zone. There are a couple of ways to play it: 1) Short a Quarterly Futures Contract. If you're willing to wait longer, you could short from within the triangle and close the position close to target. We're currently at the bottom of the triangle and waiting for higher prices such as USD 23/24 would improve our risk to reward ratio. Stop loss would be at USD26. This type of futures contract also saves you from funding costs on Binance. 2) Short a Perpetual Contract. If you're the type to wait for confirmation, a clean break at USD18 would be good opportunity to short with leverage. 3) If you're not into shorting, you can place a buy order near USD10. Support levels provide a good bounce opportunity.
Short
by Jaime_Zulueta
5
DOT, Polkadot - a great setup for long💥Price has a resistance line of 24,57. The line was touched 6 times on 1h timeframe. I think it's a good entry point after breakout and retest. ONLY WITH STOP-LOSS NEAR TO KEY LEVEL!!! And don't forget about risk management. It's crypto market. Everything can happen. 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
9
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 Bullish wedge, road to 60$ in the worst time ever.Next week there will be the polkaDot conference, which could spark a rally on the DOT token. Unfortunately, it's the worst timing ever to play this trade since both bitcoin and ethereum are beginning a correction. So risky trade, best idea is to plan several entries in case the market as whole takes a dump. If market doesnt crash, the road is clear for 60$. This trade idea may take several days to develop. See chart for key levels.
Long
by Ankel-ssj
DOT ready to explode to $100DOT/USDT looks very bullish on the daily timeframe as it looks to breakout from a 3 month long consolidation zone spanning all the way back to February. My targets for taking profits are highlighted on the chart and are situated at the following respective fib levels: TP 1 at the 1.618 fib ($61) TP 2 at the 2.618 fib ($82) TP 3 at our final target just below the 3.618 fib ($100) The % profits you take at each level is entirely up to you, however I will personally be looking to close between 25-33% of my long position at each TP target. SL (Stop Loss) will be adjusted accordingly as targets are hit. I expect this trade to starting play out over the coming few weeks and hit the mentioned targets over the next few months leading us towards the end of August. Please note, caution should be exercised if BTC closes a weekly candle below the 21 EMA , which would indicate a shift in trend from bullish to bearish for the short-med term. In this scenario alt coins would most likely dump alongside BTC. In the event the aforementioned scenario plays out, I would advise to close this trade and look for lower re-entry to DCA your position. Be sure to follow me here on TradingView if you want to receive future updates and SL adjustments for this trade and many more. Disclaimer: This is only my opinion and should not act as financial advice, always DYOR (Do your own research).
Long
by TheBitcoin
3