DOT/USDT 4H Interval ChartI invite you to review the chart of DOT in pair with USDT. First, we will use the blue lines to mark the downward trend channel from which the price emerged with dynamic upward movements, moving along the locally created upward trend line. Going further, we can move on to marking support areas when we start a larger correction. however, here we have significant support at the level of $5.04, which has kept the price from further declines for now, only after it is broken, we can see the price return to the support zone from $4.51 to $4.14. Looking the other way, for now, an important level for further increases is the resistance at the price of $6.09; only after it is overcome and positively tested will we be able to see attempts at further increases in the DOT price. Please look at the CHOP index, which indicates that there is still energy to make a move, the RSI indicator shows a visible rebound, adding the STOCH indicator, which shows a reflection from the lower end of the range and visible room for growth, we can see a continuation of the upward movement before the upcoming correction.by cryptodailyuk3
Polkadot - Mid / Long term price targetsPrice points $4.05 $4.195 $5.77 (Mid/Long term target) Polkadot (DOT) is a prominent blockchain project that operates as an open-source, sharded multichain protocol. It has several key features and components that set it apart in the blockchain space: Multichain Protocol: Polkadot's primary function is to connect and secure a network of specialized blockchains, making it possible for these blockchains to interact and share data or assets across chains. This interoperability is not limited to tokens but encompasses any data or asset types. Web3 and Decentralized Internet: Polkadot is often associated with the concept of Web3, which envisions a decentralized internet of blockchains. It provides the foundation for creating a more decentralized web where users have control and data can be shared seamlessly. Layer-0 Metaprotocol: Polkadot is sometimes referred to as a "layer-0 metaprotocol" because it serves as the basis for a network of layer-1 blockchains known as parachains. These parachains operate in parallel and can be customized for specific use cases. On-Chain Governance: Polkadot features an on-chain governance system that allows it to autonomously and forklessly update its codebase. This system operates based on the preferences of the token holder community, giving them a say in the network's evolution. DOT Token: The native cryptocurrency of the Polkadot network is the DOT token. It serves three primary purposes: Staking for Security: DOT tokens can be staked to secure the network and participate in block validation. Network Governance: DOT holders can participate in governance decisions, including proposed protocol upgrades and changes. Bonding for Parachains: DOT tokens are used to bond parachains to the Polkadot network, allowing these specialized chains to connect and interact with the wider ecosystem. Polkadot's architecture comprises four core components: Relay Chain: Often referred to as the "heart" of Polkadot, the Relay Chain facilitates consensus, interoperability, and shared security across the network. It plays a crucial role in connecting various parachains. Parachains: These are independent chains within the Polkadot network that have their own tokens and can be optimized for specific use cases. Parachains can be connected to the Relay Chain to leverage its benefits. Parathreads: Parathreads are similar to parachains but follow an economical pay-as-you-go model. They offer flexible connectivity, making them a cost-effective option for projects with varying connectivity needs. Bridges: Bridges enable parachains and parathreads to connect and communicate with external blockchains, such as Ethereum. This connectivity enhances interoperability by allowing data and assets to flow between different blockchain ecosystems. Polkadot's design and features make it a significant player in the blockchain industry, as it aims to address the challenges of interoperability and scalability, while also offering a governance mechanism that allows its community to shape the network's future.Longby Helios_Capital_InvestmentUpdated 117
DOTUSDT"As we enter the bullish season, the initial target to aim for is target : 28 53 85 🎯. This is based on a combination of technical analysis indicators and market trends. However, it's important to approach trading with caution and adapt to changing market conditions. Keep an eye on key support and resistance levels, as well as any significant news or events that may impact the market. Remember to use proper risk management techniques and consider setting profit targets along the way. Happy trading!"Longby MKO_Trading1126
DOTUSDT is in Bearish TrendDOTUSDT fails to continue upward movement and has currently started a bearish rally on !H time frame by printing lower highs and lower lows.Shortby Fahad-Rafique0
SasanSeifi 💁♂ DOT ⏩ 5.50$ / 6$Hey there! In the weekly time frame, considering the break of the downtrend, the price managed to grow to the 4.80 range. In the medium term, the expectation is that the price will continue to grow towards the supply areas of 5.50 dollars/6 dollars. In case of growth, for a better understanding of the trend's continuation, observe how the price reacts to the resistance levels. The support range is at 4 dollars and 3.50 dollars. 📈💹🚀 🟢 Keep in mind that these are just scenarios, and it's important to conduct your own analysis and consider other factors before making any trading decisions 😊📈📉 ❌ (DYOR) ⭕Of course, if you have any more inquiries or require further clarification, don't hesitate to reach out. I'm here to assist you! 🔹If you found this analysis helpful, please show your support by liking and commenting. Thank you! 🚀😊 🙌by SasanSeifiUpdated 16
DOT ANALYSIS🔮 #DOT Analysis 💰💰 #DOT was trading in a falling wedge patten and #DOT gave a prefect breakout. Now #DOT is facing a crucial resistance and If there is a close above the resistance then we will see a bullish move.🚀🚀 ⁉️ What to do? - We have marked crucial levels in the chart . We can trade according to the chart and make some profits. 🚀💸 🏷Remember, the crypto market is dynamic in nature and changes rapidly, so always use stop loss and take proper knowledge before investments. #DOT #Cryptocurrency #Resistance #DYORLongby ZEUS_Market_Alerts1112
DOTUSDT is in a Bullish TrendDOTUSDT Pair is consistently printing higher highs and higher lows, and is expected to continue this trend in near future alsoLongby Fahad-Rafique118
DOT/USD---> ShortIt seems that DOT has touched daily resistance. So you have to be careful about Long position in short time.Shortby Dousti14022
#DOTUSDT💰 MIL:DOT broke out of the Falling Wedge on 3D chart📈 and currently testing $5.4 s/r zone👀 Looking for a breakout and rally✈️ Charts | Happy Tradingby CRYPTO_ARTSOFCHARTING8
THE FALLING CHANNEL OF POLKADOT $DOTMIL:DOT price action has been in this falling channel since May 2022 Current critical price: $4.02 (price not seen since 2020) MIL:DOT Price action needs to break out of falling channel for higher prices: 5.4, 6.8, 8.5, 10.7, 11.8 Else #dot price action will remain falling in it's channel to reach it's all time low of $2by Ifiok-2sydesUpdated 13
✴️ Polkadot's Downtrend Is Over... (Name Your Altcoin)Polkadot's downtrend is coming to an end... How do we know this? Just one signal will be enough when taken together with the broader market. While DOTUSDT has been printing lower lows, the MACD has been printing higher lows (bullish divergence), this is true since March. MACD: Since the market is going bullish now, fully confirmed, Polkadot is soon to follow. You can expect a strong bullish wave to develop, months long. Namaste.Longby AlanSantanaUpdated 121277
Bulllish ideaHey all! seems like some of the most important projects can follow SOL and LINK example, leaving the accumulation zones and make some movements in a up trend. Let's see! target for DOT: 9-10$ aproxLongby DanyBoy4k5
DOTUSDT.1DBased on the market data provided, the DOT/USDT pair is currently trading at 5.119 USDT. Let's analyze the technical indicators: Relative Strength Index (RSI): The 4-hour RSI is at 58.85, indicating a slightly bullish momentum. The daily RSI is at 78.94, which is in the overbought territory and suggests a possible price correction. The weekly RSI is at 52.69, indicating neutral momentum. Moving Average Convergence Divergence (MACD): The 4-hour and daily MACD are positive, suggesting bullish momentum. However, the weekly MACD is negative, indicating bearish momentum. Bollinger Bands (BB): The price is near the lower band in the 4-hour timeframe, indicating potential oversold conditions. In the daily and weekly timeframes, the price is closer to the upper band, suggesting overbought conditions. Support and Resistance Levels: The immediate support levels are at 5.008 and 4.792 in the 4-hour timeframe, and 4.531 and 4.021 in the daily timeframe. The immediate resistance levels are at 5.233 and 5.514 in the 4-hour timeframe, and 5.977 and 6.700 in the daily timeframe. In conclusion, the technical analysis suggests mixed signals. While the 4-hour and daily timeframes indicate bullish momentum, the weekly timeframe suggests a bearish trend. The RSI is overbought on a daily basis, suggesting a potential price correction. However, the price is near the lower Bollinger Band on the 4-hour chart, suggesting potential oversold conditions. Traders should be cautious and consider both short-term and long-term trends while making decisions. This is not financial advice, and market conditions can change rapidly.by MarsSignals4
POLKADOT helloo dear trader polkadot breakout downtrend channel and ready for pump Dot is always pumped first, then chainlink , but in this bullish market 2023 , the link is pumped first, then dot will be pumped, polkadot will soon be above 10 dollars. polkadot one of the best crypto currency project goodluckLongby mehdi_kb10
DOT Polkadot Technical Analysis And Trade IdeaWelcome to our DOT/USDT Technical Analysis and Trade Idea. In this video, we will delve into the charts, focusing on the prevailing bearish sentiment found in the weekly (1W) and daily (1D) timeframes. Notably, our charts signal that Polkadot is currently on the verge of a resistance level, a pivotal turning point for this crypto asset. Throughout this discussion, we will explore the fundamental tenets of technical analysis, encompassing vital aspects such as analyzing the ongoing market trend, price dynamics, market structure, and other critical elements of technical analysis. As we progress through this analysis, we will meticulously examine a potential trading opportunity within the NAS100 index. It is important to note that the insights we share in this presentation are intended solely for educational purposes and should not be construed as financial advice. Participating in the stock market and cryptocurrency trading carries a significant level of risk. Therefore, it is imperative to prudently incorporate robust risk management strategies into your trading plan to effectively navigate these challenges.Short12:55by tradingwithanthony6
DOT/USDT 4HInterval ChartThird, we will check the DOT chart on a four-hour interval. As we can see, the price has broken the downtrend lines, creating a current uptrend which we used the blue lines to describe. Let's start by marking support points for the price and we can see that first we have a support zone from $4.73 to $4.51, however, if the price drops lower, we can see the price return to a very strong support zone from $4.15 to $3 $.89. Looking the other way, we can similarly determine the resistance areas that the price must face. And here we see that the price is currently fighting against a strong resistance zone from $4.92 to $5.29, and when it manages to break out of it, it will be able to move towards the resistance at $5.76. The CHOP index indicates that there is a lot of energy for movement, on the RSI indicator we are approaching the upper limit again, and on the STOCH indicator we will soon exceed the upper limit, which should result in a rebound for the price.by cryptodailyuk4
New bullrun with DOT We broke through the inclined level and thereby broke the upward trend, a cascade of levels was formed from above (stops of market participants and high liquidity), before the LTF breakdown, there was manipulation over liquidity, which may indicate a further price increase.Longby CScalp_EN8
This is a no brainerThis is looking good! I think a long position makes sense, and target to $14~$16 and then about $22~$24Longby DanyBoy4k14
#DOT/USDT is forming the Rising Channel in 4-Hour TF!#DOT/USDT is forming the Rising Channel in 4-Hour TF! CRYPTOCAP:DOT needs to clear PDH $4.955 to gain the bullish momentum. Wait for BO/retest to long it. I will wait for PMH $4.6 breakdown to short it.by TraderAAG1
Conservative trend trade 3RConservative trend trade 3R + long impulse + 1/2 correction + JOC level + support level + biggest volume 2Sp+ Calculated affordable stop 1 to 2 target Hourly chart context + long impulseLongby MishaSuvorovUpdated 3
DOT close to resistance but with momentum in its favourDOT need a close above TP1 which will probably happen within next 2 days. A close there will allow it to attack the trendline and possible further upside.Longby CryptoMundi16
Will DOT break out? DOT's price action retests the upper limit of it's 18 month downward channel... Is momentum slowing down & swinging to the up side?by Macker_79117