DOT Downside PendingMarkets sentiment is massively risk off at the moment, and shorting cryptocurrencies (other than btc) seem like a good choice.
Dot has broker the rising trendline and looking to sell into range support.
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Buying zone4$ is strong support and Polkadot's buying zone, from there I expect price to rise to 10-12$ which in two occasions acted as resistance.
DOT - Strong bounce from the ultimate low ?Bounced each time for consequent gains around 3.75, so I expect the same now
placed a SL a bit wide, a good fuel could be the 2.0 update of Polkadot but didn hear any news about it to be honest
In the other hand, lower would means I'll quit this asset for a mid/long term hehe,
Cheers
DOT/USD LONG SET UPTime Frame: 1D
Entry Price 1: $4.40
Entry Price 2: $3.40
Stop Loss: $2.40
Take Profit 1: $5.40
Take Profit 2: $7.50
Take Profit 3: $9.50
Take Profit 4: $11.50
Status: ACTIVE
Polkadot $DOT 2025Currently forecasting Polkadot to bounce off of the major support zone where the current market price is at $4-5. Expecting 3 different targets to remain until the end of the bull run cycle, with targets ranging from 300% to 1000%.
DOTUSD attractive Set-up 12hrTargetting 7-dollar region following a back test of falling wedge breakout area. Stops set at 4.5 feels god R:R on this set-up.
Some strong volume required to allow for a sustained push
Polkadot Crypto- nothing will happen until we break this channelPolkadot has been in a descending channel for quite some time now. No bullish action can occur until this channel breaks either up or down.
If it breaks down $3.6 is a major support that will probably be bought heavily
If we break out and close above $5.75 altcoin season has probably begun.
Re
#Polkadot Timeframe: D
Forced to drop another fundamental altcoin. We may see an upward correction, but definitely without breaking the global or even local highs.
CRYPTOCAP:DOT
Polkadot: Now It’s Crunch TimePolkadot has been unable to resist the widespread downturn in the altcoin sector, giving up much of its recent gains after a solid performance in recent days. Our grayed-out Target Zone for the low of the green wave is coming back into focus – though under our primary scenario, DOT shouldn’t fall
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Summarizing what the indicators are suggesting.
Oscillators
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Oscillators
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Summary
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Summary
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Summary
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Moving Averages
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Moving Averages
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Displays a symbol's price movements over previous years to identify recurring trends.
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