Dot is about to hit a bottomWith the daily RSI double bottoming in oversold territory, it is unlikely that dot is going to go below the 4.20 support. I expect $5 before September, $5.5 by September 21st, and then a slightly higher low whenever it does come back down.Longby BigRivers112
DOTUSD: want me some hotdotsI have wanted to accumulate some DOT for a while adding to my portfolio of layer 1 bags but for some reason other names have always been at a more attractive price point and Dot always seems to make a lower high. So, I have always backed out of buyin. Dot has bounced off of last low (didn't make a lower low by fraction of pennies) but most likely won't hold it. According to my Elliott wave count, now would be a good time got get some. If price falls into the rectangle box area, I will add 1 or 2% of my portfolio to Dot and stop loss will be at ATL, so pretty good risk/reward. If price starts to move upwards, then $5.7 lower high area will the spot to watch. I will get some at a higher price if there is a new uptrend. I like how this project enables defi but the current regulatory landscape might be working against it. At any rate, I think it is a good project and I want to hold some for long term.by mukit12
Clear drop, clear profitWhy is this happening BITSTAMP:BTCUSD pre halving year, expected downturn BITSTAMP:BTCUSD breaking important trendline in log BITSTAMP:ETHUSD getting crushed VANTAGE:BTCETH Bearish patterns COINBASE:BTCUSD 6 months straight up, summer lull incoming CRYPTOCAP:TOTAL3 Doing Lower lows since beginning of year. Shortby CriptoJoe550
DOT Outlook: Clouds ☁️ Hover Over Next 24 Hours, Downside RiskDOT could be in for a rocky ride over the next 24 hours, as ATTMO's AI-powered crypto forecasting tool projects cloudy skies ☁️ and a potential bearish trend. Stay informed with ATTMO's real-time market predictions to navigate the ever-changing crypto landscape. by ATTMO1
1D: $DOT; AMAZING VALUE- PatienceMIL:DOT If this isn't value i dont know what is. Retracing nearly ..... 100%!! as it just sleeps and sleeps until one day, DOT has RISEN. These plays are what makes your life change IF one can wait. If there is new people here, trust me when I say this..... DON'T be scared and FOOLED by the masses. They wan't you to think and somber about how crypto is dead and will never come back. Those same people are the ones massing mega bags at the darkest depths of the market. Don't let FEAR and MANIPULATION take over your mind. We know what market's do and what history shows us. Look LEFT! Do you see a common theme? Been there before and we rise once again! weeeeeeeeeeeeeeeeLongby BShellhammer552
DOTUSD (4H) - Bullish reversalHi Traders DOTUSD (4H Timeframe) Waiting for the upward break of 5.040 resistance level, which will complete a bullish trend reversal pattern to go LONG. Only the downward break of 4.930 would cancel the bullish scenario. Trade details Entry: 5.040 Stop loss: 4.930 Take profit 1: 5.108 Take profit 2: 5.218 Score: 4 Strategy: Bullish reversal Longby Avramis2
Short DOTDOT still looking very bearish and expect to test previous lowShortby UnknownUnicorn375847920
DOT price coming back to $4.30DOT price action forms a triangle pattern in the weekly chart. DOT price trend shows a negative cycle starting in the triangle, ready to break below the $5 support zone. The bear cycle will test the $4.30 bottom support accounting for a 15% drop. However, the uptrending RSI line depicts a divergence in the DOT price trend, predicting a bullish reversal from $4.30. Also, it increases the chances of an early reversal leading to an upside breakout. The bullish breakout can rechallenge the overhead supply at $5.65.Shortby Coinpedia-Market-Insight1
✴️ Polkadot 6X Lev. Full Numbers | 972% Potential (Adults Only) While it is extremely easy to share a million charts with a million letters and numbers and call it "Elliot Wave", even though the counts vary a hundred times in a single week, its not easy at all to share real trade signals, with numbers, because the numbers makes it clear, you either lose or win. It is not easy if you are attached to the outcome, if you don't know what you are doing, if you believe, think, that you must "get it right" or have to avoid "getting it wrong"... With that type of mindset it is not easy. But it can be 100% easy to do when you are an adult. You just need to remind them! Do you play this game? Do you know how it works? Trading inherently carries risk, the market conditions can change without notice, a good setup today, tomorrow can turn into a bad one. Even worse when we are talking about a leverage trade, if you make a mistake you can lose a big portion of your position and liquidation can take everything away. Keep this in mind and see what I have to share with you today. This is my latest lev. trade for Polkadot. Full numbers. Trade at your own risk. This is not financial advice. ========= LONG DOTUSDT Leverage: 6X Buy-in: $5.065 - $5.300 Targets: 1) $6.350 2) $6.900 3) $7.650 4) $9.100 5) $10.42 6) $11.51 7) $13.82 Stop-loss: Close daily below $4.975 Potential profits: 972% Capital allocation: 3% ========= Thanks a lot for your amazing and continued support. We've been doing great with this trades but this doesn't mean that this will always be the case. If you can't take a loss, trading is not for you, losing is as much part of this game as it is winning... In fact, you might be looking at more losses than win for a long-time, before you can become successful. If you know how to take a loss, you can learn from your mistakes and grow. With this experience we improve and with time success comes. Ok that's a lot of words for a trade... But I am truly hoping that you are being entertained. Namaste.Longby MasterAnandaUpdated 242443
DOTUSD (1H) - Bullish reversalHi Traders DOTUSD (1H Timeframe) Waiting for the upward break of 5.26 resistance level, which will complete a bullish trend reversal pattern to go LONG. Only the downward break of 5.13 would cancel the bullish scenario. Trade details Entry: 5.26 Stop loss: 5.13 Take profit 1: 5.34 Take profit 2: 5.47 Score: 6 Strategy: Bullish reversal Longby Avramis4
DOTHi,,,,,if it breaks 5.5 and upper trend line i think it can goes higher more than 9% .... Good luck Longby Logical_Markets220
DOT short For more context on the crypto short see: Shorting off the 76. Stops above. Targeting a drop of about 70% from the would-be high of the bull trap. Short 5.40 Stop 5.97 Target 1.36Shortby holeyprofit441
DOTUSD - Bearish Trend into Bullish TrendThis is my second crypto basic trade analysis for Polkadot/USD. The graph shows a bearish trend moving into a bullish trend. I'm hoping to take profit on both levels defined. The timeframe selected for this was 4H. Longby mstmehmood1
✴️ Polkadot Gets Closer To Bullish Explosion (90%+ Target MappedThe Altcoins that we are seeing produce massive breakouts all have this same pattern, the same price action we see on the DOTUSD (Polkadot) chart. It can be simplified as a higher low in June 2023 vs December 2022, sometimes a double bottom or lower low. Simply a wave followed by a strong correction and now we are entering a new bullish wave phase. Here DOTUSD can be seen trading above EMA50 daily, which opens the medium term growth potential with a 90% easy target. Notice how moving above this level back in January leads to fast, strong growth, weeks of sustained growth. This is what we are looking at now. Things can change and that's why we have a tight stop-loss represented here by the blue dashed line. Hundreds of Altcoins already confirmed this pattern but now the small cap. Alts are moving first, then the Bitcoin and the bigger ones. Namaste.Longby MasterAnanda19
DOTUSD : BEARISH!!!its showing bearish trend as accompanied with LHs and LLs. possible entry location to profit this bear is as follow Sell Order (Entry Point) : 5.12 SL : 5.3 (0.06 under previous LH) TP1 : 5.29 TP2 : 5.30 Risk 2% by T-QUpdated 2
Polkadot Targets For 2024-2025ETHEREUM CLASSIC COMPARISON Ethereum Classic is a coin from around august 2016. It had its first bull run in 2017/2018. It had its second and most powerful bullrun in 2021, when it made an approximately 53x from its (double) bottom. Coins that were "new" during one bull cycle often perform best in their second, more mature bull cycle. What can be observed with ETC, can also be observed with LTC, ADA, and plenty of other coins that had a first good bull cycle, but an even more impressive 2nd. After the 2nd cycle, the returns tend to diminish because of saturation, large amount of bagholders, and a larger marketcap. POLKADOT Polkadot is coincidentally a coin from around august 2020. It launched just in time to participate in the 2021 bull cycle. According to some, it under-performed compared to other cryptocurrencies. As of July 2023, we can observe a double bottom pattern on the weekly BINANCE:DOTUSD chart, with the 50 weekly MA also flattening out, which is a positive sign for bulls as it shows a weakening bearish trend. Polkadot's BTC ( BINANCE:DOTBTC ) pair is also extremely oversold on the weekly chart. PRICE TARGETS Looking at COINBASE:ETCUSD , we can see that Ethereum Classic had a blow-off top to the 3.618 fib level in may 2021, reaching a price of over $165 dollars, or a 53x from its bear market lows. If Polkadot were to perform similarly, it could potentially reach a price of $193, corresponding with its 3.618 FIB level. A 53x from its bottom would give us an approx. price of $220 per DOT sometime in 2024 or 2025. PRELIMINARY TARGETS FOR DOT Polkadot does not have extensive price history like bitcoin or ethereum classic. One of the most important indicators to watch is its 50 day weekly moving average, which currently sits at around $6.14. This price correlates with important horizontal S/R levels. If DOT manages to break past this level, which it currently is not far removed from, then we can expect a rapid appreciation of price. Targets to watch after breaching this level would be between $14 and $23. WEN ATH? I believe Polkadot's new ATH will coincide with that of the broader cryptocurrency markets. I believe Bitcoin will reach a new ATH between april 2024 and january 2025, so I expect DOT to reach a new USD-ATH within this same timeframe. POLKADOT IS SAFU Polkadot was one of few major PoS (Proof-of-Stake) cryptocurrencies not in the SEC's filings against Binance and Coinbase. This has to do with Polkadot/Web3 Foundation having successfully morphed Polkadot to become software, rather than a security. What sets Polkadot apart from other coins/projects such as ADA, Cosmos, etc. is that Polkadot was actually originally registered as a security. The teams behind the decentralized Polkadot project are doing everything according to US securities law. This could prove to be beneficial from Polkadot during the upcoming bull cycle. POLKADOT IS THE MOST ACTIVELY DEVELOPED BLOCKCHAIN Polkadot is one of the most actively developed blockchain, rivaling Ethereum and Cardano. Polkadot is an ecosystem and the people behind it are extremely talented and passionate and focus more on building rather than worrying about the token's price. Gavin Wood, the creator of Polkadot, is also one of the co-founders of Ethereum. The Web3 foundation is behind Polkadot – in fact, Polkadot is their flagship protocol. Longby couldntcomeupwithone446
✴️ Polkadot Next Target Can Be Above $8 or $18?We just experience the last and final shakeout... What an amazing market. The SEC felt very annoyed seeing that Bitcoin and the Cryptocurrency market is growing and sent out a negative message concerning the Bitcoin Spot ETF, obviously, with the intention to harm the market, common people, entrepreneurs and traders, and everybody involved in the Crypto space, why? It is very likely that Polkadot just experienced the last shakeout, the same is true for the entire market. We've been hearing, seeing, feeling, sensing, going through strong negative news for more than a year yet the recovery continues. Today a retest of EMA10/21 took place and now prices are above EMA50 ($5.10). If DOUSDT can close above EMA50, the bullish bias is re-confirmed or strengthened. Since we are entering the weekend with all green, we can expect things to flow and prices to grow. The proof is in Bitcoin Cash, now also Litecoin, Compound and all the rest; It used to be only one Altcoin moving forward, now many are moving ahead. This will continue to evolve, until a full blown bullish wave is upon us. It can last 3 weeks all the way to 3 months. Polkadot can easily hit $8.65 as a higher high or maybe even more. This is just a conservative target... It can go as far as $18, but this analysis is short-term so let's not go there. Namaste. Longby MasterAnanda1124
polkadot pathpolkadot and some of the projects i think have the biggest potential next run that being said, polkadot broke out of the falling wedge ( weekly) beginning of this year, some strong resistance around the $7 mark with diagonal resistance (Dotted line) and horizontal resistance (stronger red) meeting around $7 mark. $4 is main support, buying below $7 is a great price to accumulate especially under $5 is a steal.by z3bracoRn110
Dot 1DThe main resistance at the price of 5.30 to 5.4 then growth to the price of $6Longby Assistant2113
DOTUSD (1H) - Bearish reversalHi Traders DOTUSD (1H Timeframe) Waiting for the downward break of 5.0660 support level which will complete a bearish trend reversal pattern to go SHORT. Only the upward break of 5.2400 would cancel the bearish scenario. Trade details Entry: 5.066 Stop loss: 5.240 Take profit 1: 4.960 Take profit 2: 4.790 Score: 5 Strategy: Bearish reversal Shortby Avramis2
✴️ Polkadot's Correction Ends In A Double BottomRemember all those 5X leveraged trades we had for DOT at the beginning of the year? It is said that opportunities are endless in this market. It is also said that there is always a second chance, sometimes even a third and fourth chance present themselves. Well, if you missed it once, here is your second chance. Polkadot produced a double bottom pattern. The first low happened 30-Dec. 2022 at $4.22. The second low happened 10-Jun. 2023 at $4.22. After we hit bottom, the only place left to go is up. Also notice the classic ABC correction... All these signals are pointing to an upward move, a bullish wave; A relief rally in the least but growth. Again, when in doubt, look around. If doubt creeps in, we can look at the Altcoins that already moved ahead. They had similar patterns and yet we see a year long high, new daily high, growth all across. Since we have thousands and thousands of Altcoins there will be variations in the charts but a rising wave lifts all boats. After a 4 months long correction, it is time to go up. - Notice that the bullish wave in January only lasted 51 days, from bottom to top. - The correction went from 111 days from top to bottom... This is enough. In any case, you can always prepare with a nice strategy in case something goes wrong. This is not financial advice. Remember that the markets are unpredictable and there is always risk involved. I trust we are all adults and responsible for our own actions. Thanks a lot for your support. Namaste.Longby MasterAnanda1127
Polkadot going to $0,50? Polkadot dead?Polkadot is one of the worst performing altcoins. On top of being a poor performer during the bullrun (compared to other coins), it is also the worst performer during the bear market. It appears interest for polkadot has disappeared. Polkadot has been in a downtrend for nearly 2 years. Downtrends tend to continue trending down until they continue up. There are no signs of a reversal. Based on the past history, it is possible polkadot will drop another 90% from its current valuation. The chance of polkadot reaching its old all-time-high is, based on current situation, only 0.1%.by couldntcomeupwithone5
Is this what Coin Death looks like? Damn, RIP PolkadotIs this what Coin Death looks like? Damn, RIP Polkadotby couldntcomeupwithone2