DOT : Long PositionEverything is clear..
We can get a long position because price break the trend line and is up of It.
Key stats
About Polkadot
Launched in 2020, Polkadot is sometimes described as a ‘layer-0’ blockchain as it hosts an ecosystem of blockchains. It’s a ‘parachain’ protocol — which, put simply, means it allows for ease of communication between separate cryptocurrencies. Founder Dr. Gavin Wood (formerly the CTO of Ethereum) sees Polkadot as synonymous with the web3 and its decentralized makeup, which is pretty unsurprising given he literally coined the term in 2014. Its native token DOT is used for staking, governance, and ‘bonding’ — the act of bonding DOT tokens with new chains on the network.
$DOT is showing bullish momentum. What do you think?DOT is looking good and printing reversal patterns. Need other technical reasons to buy Polkadot? check this out:
* Enhanced Interoperability via XCM
* Scalability through Parachains
* Shared Security Model
* Advanced Governance System (OpenGov)
* Parachain Auctions and Ecosystem Growth
BINA
DOTUSD – 1D Bullish Setup in Play | Swing Target $11DOTUSD – 1D Bullish Setup in Play | Swing Target $11 💥📈
What’s up crypto traders 👋
DOT (Polkadot) is starting to turn heads on the daily chart with a bullish structure that looks ready for a bigger move. The market's been in accumulation mode, but the signs are pointing toward an upcoming breakout —
Polkadot: The Blockchain That Outclasses Ethereum 2.0In the ever-evolving blockchain world, Ethereum famously pioneered decentralized applications and smart contracts. However, as Ethereum 2.0 attempts to fix its inherent scalability and energy challenges, it still falls short of delivering true interoperability and ease of use. This is where Polkadot
DOT: The Bullish Reversal#DOT has been presenting a corrective structure since Oct 2023, likely forming a major corrective bullish wave within a broader bearish trend.
The count below suggests a potential bullish reversal soon within that larger structure.
#Polkadot
DOT/USD "Polkadot vs U.S Dollar" Crypto Heist (Scalping / Day)🌟Hi! Hola! Ola! Bonjour! Hallo! Marhaba!🌟
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Based on 🔥Thief Trading style technical and fundamental analysis🔥, here is our master plan to heist the DOT/USD "Polkadot vs U.S Dollar" Crypto Market. Please adhere to the strategy I've outlined in the chart, which empha
Polkadot (DOT) Analysis: Bullish Breakout on the Horizon?
📊 Technical Analysis (1H Chart):
The 1-hour chart of DOT/USD on Kraken shows a promising setup. After a prolonged downtrend within a descending channel, DOT has broken above the upper resistance trendline, signaling a potential trend reversal. The price is currently testing the $3.6946 level, with
Weekly chart shows potential base forming for DOTOn the BINANCE:DOTUSDT 1W chart, price has recently tested a long term support zone near 3.54. This area has previously acted as a strong demand zone, and the reaction from it could suggest that buyers are stepping in once again. The Ichimoku cloud (10, 20, 40, 10) shows ongoing bearish pressure,
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.
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
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