Why I am bullish on DOT?
Several companies have applied for a Polkadot (DOT) ETF with the U.S. Securities and Exchange Commission (SEC). The most notable applicants include:
Valkyrie Investments
21Shares
Bitwise Asset Management
However, as of now, the SEC has not approved any cryptocurrency ETFs for Polkadot. The ETF approval process for cryptocurrencies remains challenging, with the SEC typically being cautious about approving such financial products.
The landscape for crypto ETFs has been evolving, with recent approvals for Bitcoin and Ethereum ETFs in early 2024 potentially paving the way for other cryptocurrency ETF applications. But each application is scrutinized individually, and approval is not guaranteed.
DOTUSDT trade ideas
DOT _ Have more firepower? Can it overpower to $50?DOT DOT , Whose there? Me!
IDeally would time pass with small qt on stake to short till the tpo with very low qt but would rather wait for the white line.
Just make or break! Buy only if breaks 11.400 as it is already f'd up alot, Shorters are welcome for buyers to enter. if goes high planning to hold till 13.5 and for me technically would wait till 9 for a re entry!
Polkadot broke 2.5 years high, Mid term target 48Sharing the same team as ETH, a blockchain network of networks designed to challenge assumptions, next Web3 evolving tools.
Polkadot now broke 2.5 years high, and with Altcoin season just begun, I also just brought some as 10 dollar, the neckline. Mid-term target $48.
DOTUSDT LONG TRADE PLAN.DOTUSDT did break through previous bearish order block and now its acting as breaker order block and giving us oppertunity to build long position here in breaker block area and DCA area also marked. Most importantly breaker block is below the SSL. When price will come down to grab that liquidity then we will open Long.
Let's get higher this week POLKADOTPolkadot: Rising from the Ashes
BINANCE:DOTUSDT
Polkadot appears to be breaking free from its prolonged downturn. Comparing to Cardano, its about time to reach the fibonacci 1.62 and the buyside liquidity. The charts suggest strong bullish potential, but it’s crucial to stay grounded—corrections are part of the game. In my view, a significant pullback may happen when geopolitical events, such as TRUMP's potential return to the White House, create waves across the markets.
For now, the focus should be on crypto over the coming weeks. Avoid over-leveraging or taking excessive risks. Remember, the market will always present opportunities—it's often your mind that gets in the way. Discipline is key: master your fears by following your trading plan without compromise.
Success isn’t about how much you make in one trade; it’s about consistently executing a solid plan. Over time, this approach allows you to grow your capital as if you’re your own bank. Stay committed, keep learning, and protect your mental clarity by managing risk wisely.
I currently have an active trade on Polkadot and am holding steady.
Let’s see how this plays out!
$DOT continues to move confidently towards the target of $22 The #Polkadot
cryptocurrency demonstrates steady growth dynamics, following the target price of $22. The increased interest in the DOT ecosystem is due to its technological advantages, including spending and support for decentralized applications. The token is also in long-term accumulation.
Investors and traders continue to show confidence in the project, which is reflected in the increase in trading volumes and the growth of quotations. If the current momentum continues, reaching the $22 target may become a reality in the near future.
We keep an eye on the charts and news so as not to miss the key moments! 💹
DOT long IdeaHello traders i Hope you are doing well its long dot setup where i mentioned how much you can close its important to look if Dot 4HR candle closed below 8.024 then trade is no valid wicks are fine
you can long and take partials with time to time as its marked
But once tp1 reached Sl breakeeven
thanks
$DOT Price Surge Incoming!! 20-43% moveCRYPTOCAP:DOT has been sleeping for so long! People thought it was dead... That changed. It has nicely broken out and retested and is ready to break the previous highs. I am Long after the push above the 200 day MA on the daily TF. Probabilities are high that it will touch the bearish OB above.
Entry: $5.4
TP1: $6.45
TP2: $7.1
TP3: $7.7
SL: $5.1
Potential gain: 19-43%
NFA and always do your own researched.
Happy trading :)
Polkadot Ecosystem Growing Up! Target: U$ 28,00The Polkadot ecosystem is a multichain network created to connect independent blockchains, enabling interoperability and information sharing among them. Created by Ethereum co-founder Gavin Wood, Polkadot uses an innovative architecture that includes the use of Relay Chains, Parachains, and Bridges to provide scalability of technical resources, shared security, and decentralized governance, allowing constant improvement updates to be made without hard forks.
Some of the projects within this network include Astar Network ( RUS:ASTR ), Manta ( OMXHEX:MANTA ), Moonbeam ( SEED_DONKEYDAN_MARKET_CAP:GLMR ), Moonriver ( SEED_DONKEYDAN_MARKET_CAP:MOVR ), Hydration ($HDX), and Bittensor ( GETTEX:TAO ).
Why DOT +20%, next month ?Polkadot (DOT) is a blockchain protocol designed to enable different blockchains to interoperate and share information securely. It was created by Dr. Gavin Wood, a co-founder of Ethereum, and aims to solve issues related to blockchain interoperability, scalability, and security. DOT is the native cryptocurrency of the Polkadot network, and it serves multiple purposes, including network governance, staking, and bonding for creating new parachains (parallel blockchains).
Why DOT Might Increase by 20% in the Next Month:
Parachain Auctions and Deployments:
Polkadot's unique architecture allows multiple blockchains (parachains) to run in parallel and interoperate. If significant parachain auctions or deployments are planned, investor interest in DOT could spike as more projects build on the Polkadot network, leading to increased demand for DOT.
Ecosystem Growth:
Polkadot's ecosystem has been expanding rapidly with new projects, decentralized applications (dApps), and partnerships. A surge in ecosystem activity could lead to a higher demand for DOT, driving up its price.
Staking Rewards:
DOT holders can stake their coins to support network security and earn rewards. As staking continues to be an attractive option for investors seeking passive income, demand for DOT could increase, pushing its price higher.
Market Sentiment:
Positive market sentiment and broader cryptocurrency market rallies often influence the price of major altcoins like DOT. If the overall market trends upwards, DOT could benefit from this momentum.
Technical Indicators:
If DOT shows bullish technical indicators such as a breakout from a key resistance level or positive momentum on the charts, traders might anticipate further gains, leading to a price increase.
Regulatory Clarity:
If there is positive news regarding cryptocurrency regulations that favor blockchain projects or improve market conditions, DOT could see a significant price increase.
While these factors could drive DOT’s price up by 20% or more, it's essential to remember that cryptocurrency markets are highly volatile, and predictions can be uncertain. Always do thorough research and consider the risks before making investment decisions.
DOTUSD Long PositionTrendline Break: DOTUSD breaking above a significant trendline suggests that selling pressure has decreased and buyers are gaining control. This is often an early indication of a trend reversal or the beginning of an uptrend.
Accumulation Phase Complete: DOTUSD has completed an accumulation phase, this implies that buyers have been steadily accumulating positions at a base level, absorbing selling pressure. Accumulation phases typically occur after a downtrend and precede a new uptrend, making this a strong bullish signal.