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Polkadotlong

POLKADOT DEMAND IS INCREASING!8h, LONG TERM - Polkadot has formed a monthly demand zone, following the behaviour of Altcoins with a good future projection regardless of Bitcoin. If BTC market dominance continues to fall and Altcoins continue on their way, cryptocurrencies with inter-network transfer technology and multilayer could continue their bullish rally, since they would be necessary to connect the main growing blockchains. As you already know, Polkadot has a multilayer system that allows transfers in parallel funnels, which offers infinite scalability possibilities. Besides, it is capable of connecting different blockchains to be able to move assets and install systems regardless of the centralization or rules of each network. Because of the recent aggressive volatility in BTC, we recommend taking advantage of these investment ideas following the DCA (Dollar Cost Averaging) method. What are your opinions on DOT? I'll be reading your comments, Alkalites!
BINANCE:DOTUSDLong
by CryptoAlkaline
2
PolkaDOT (New All Time High Incoming!) $70-$80+ TargetDot has been in consolidation for quite some time, and it is one of the superior cryptocurrencies that has an actual use case as far as fundamentals are concerned. And it has barely moved the needle over the last few weeks. It definitely has all the signs of a wyckoff accumulation phase though, and it seems like we could have some very impulsive moves as it just smashed through the previous ATH and is now again in price discovery. If you aren't in, you may want to begin building a small position (low or no leverage) with bigger buys if we head to the trendline once more. IMO, there are many shitcoins that have mooned that are worth exactly $0 (doge for example). I could be wrong though. I have stops below trendlines just in case -- never bank big on a moonshot and treat your account like its a large amount even if its not. During this insane bullrun Dot could easily reach $100+ in the coming weeks.
Long
by chillingeffects
8
DOT/BTC 4 HOURE CHART/CUP AND HANDLE PATTERNHello people! DOT/ BTC CHART I see even if it is not 100% perfect a Cup and Handle Pattern with a potential. We could also form a W pattern in the handle in the 4 hour chart to continue to rise and test resistance again.Do not know if a couple of DOT lovers are there but I am us see a lot of potential in DOT compared to ETH eg. DOT has already made a massive rise and I think we will see in the next few weeks DOT certainly on 60$-100$ I am convinced that shows my opinion the chart and also the development behind this project. I will certainly keep you running in this regard. As soon as the Breakout Startet if it is a CUP and HANDLE pattern and finally break the resistance and confirm I will again accumulate new DOT'S. I am already very early in the project :-) Check out the project guys. Registration link for PHEMEX EXCHANGE: phemex.com Registration link for IMBA EXCHANGE: imba-exchange.co Registration link for BINANCE EXCHANGE: www.binance.com YOUTUBE CHANNEL from EGALITE: www.youtube.com Homepage: egalitesignals.com EGALITE
Long
by IDDTrading
DOTUSDT Double BottomsDOTUSDT has created Double Bottoms and completed a strong bullish breakout. After the breakout, we have seen throwback from 37.71 the broken zone and now waiting for trading volume to open a buy trade near 45.00 to 47. NOTE: Only buy when you see volume in the Circle. Otherwise, the setup will be invalidated. Buying Zones BZ1 45 BZ2 47 Stop Loss 37.15 Short Targets TP1 52 TP2 60 Long Targets TP3 70 TP4 76 It's a Spot Trading Setup. You will be responsible for any loss if you take in the Futures. Happy Trading!
Long
by unitsol
DOT hits historical high as bulls remain relentless Polkadot spikes to new all-time high after crossing above the stubborn resistance at $40. The upswing hit a barrier at $47, cutting short the journey to $50. DOT is likely to consolidate before the next significant move toward new all-time highs. Polkadot finally made it above the crucial $40 level. The move triggered massive buy orders as investors speculated a liftoff past $50,000. A record-high has been traded at $47, limiting the price action. Meanwhile, DOT is doddering at $45 amid the hunt for higher support. The upswing occurred during the long Easter weekend. Several digital assets surged, including Ripple and Stellar. On the other hand, Polkadot retreated to $40 following a rejection from $47. In the meantime, the digital asset has already renewed the uptrend to trade beyond $45. On the upside, the immediate resistance rests the historical high of around $45. A glance upwards reveals that $48 and $50 levels may also limit price action. Recently, the Moving Average Convergence Divergence (MACD) hit a monthly high at 2.5. A correction is underway, but the indicator leans more to the sideways trading action based on the MACD. For instance, the MACD line (blue) holds slightly under the signal line. The primary battle is to cross above the signal line, thereby reinforcing another upswing. However, the MACD is relatively horizontal in motion, thereby paving the way for consolidation ahead of a breakout. If the immediate support at $44 fails to hold, overhead pressure will mount toward $40. A break under this level may trigger a high volume of sell orders, culminating in massive losses toward $36 and $30, respectively. Polkadot intraday levels Spot rate: $45 Trend: Sideways Volatility: Low Support: $44 and $40 Resistance: $47 - $48, and $50
BITFINEX:DOTUSDLong
by CoinGape
Polkadot Buy Signal from Script triggered EMA Crossover SMAUpdate from 10/03/21: Polkadot Buy Signal from Script triggered at Buy Zone 2 (50% Gain from the 38.20% Fibs), 13 EMA crossed up above the 50 SMA on the 29th March. As stated from previous analysis below, the move back towards the ATH and beyond to the 127.20% Fibonacci was not expected to be a straight forward push back to the ATH of $42 which we reached on the 20th February, we predicted a potential of 3 push phases and after a lot of consolidation with profit takers in the market, our Swing Call script triggered a strong Buy Signal on the 29th March and after a triple top formed from the push phases which failed to test the previous ATH levels, bouncing at the 78.60% Fibonacci level, we finally had a breakthrough pushing past the previous ATH level of $42 and hitting our 127.20% fibonacci level at $45.81. Our next target for Polkadot is at the 161.80% Fib extension and a price target of $50.59 which is a 16% Gain from the current price level. Happy Trading *Update of Dot's Chart & Analysis from 28/02/2021* Polkadot (Dot) Buy opportunity! Potential 68%+ Gain to set a New ATH of $50 at the 161.8% Fibonacci Level. Dot's price soared to a high of $42 on 20/02/21. Since setting this new ATH , it has lost some momentum, retracing down to a low of $26 on the 23/02/21 after such an impulsive move, but currently it is still trading 45% above this low 4days ago on the 23/02/21. The fundamental outlook for Dot in the long-term is great and still very much bullish , its total Market Cap is at $33.7 billion and currently ranked 6th biggest digital currency in the world after Bitcoin , Ethereum , Cardano, Binance Coin and Tether. Over the coming month we expect Dot to retest the previous ATH of $50 at the 161.8% Fibonacci extension . Note this may not be a straight forward push, but a bullish momentum powered by 3 push phases. Use the Buy Zone area to map your entries, Zone 1 at the 23.6% level and Zone 2 at 61.8% Golden ratio. Overall, there is a high probability that Dot's price will break out higher (68% Gain from current price levels) as the bulls target the next resistance at $50.
BITFINEX:DOTUSDLong
by CryptocurrencyMagnet
1
POLKADOT price is on the rise! What is your vision!?Technical analysis regarding the price of POLKADOT in relation of dollar Tether for the next scenarios, based on daily movement. The DOT/USDT price in the DIARY is moving upwards, strongly respecting these channels (parallel yellow and macro/main blue), and what keeps going on is this VERY HANDSOME AND STRONG resistance just above the price, at $ 38~40. However, I believe that it can be broken because the price is with a large buying mass exercising strength and well, I am an optimistic speculator in the crypto scenario. Breaking this resistance, the price will easily fetch $43 dollars, in a not-too-distant scenario. I manage to achieve such a level that the price can design Fibonacci-based channels. disclaimer *** In accordance with CVM Instruction No. 598, of May 3, 2018, Art. 21, I declare that the recommendations of this analysis reflect solely and exclusively my personal opinions and perceptions and that they were prepared independently and autonomously. Not being considered a purchase and/or sale recommendation. *** Any questions do not hesitate to contact me. I'm happy to be able to help you in the best way I can. 🙏
Long
by luizhcruz
DOT recovery becomes an uphill battle while overhead pressure mo Polkadot hits a snag under $35, abandoning the upswing to highs past $40. DOT seeks support at the 50 SMA on the 4-hour chart while trying to avert declines under $30. Polkadot had staged an impressive recovery on Monday, extending the bullish leg from the recently formed support at $27. The token hit highs above $30 and pushed for gains beyond $35. However, bulls lost steam within a whisker of a confluence resistance created by the 100 Simple Moving Average (SMA) and the 200 SMA on the 4-hour chart. The mission to achieve a new record high beyond $40 seems to be a pipedream at the time of writing due to increased resistance beneath the confluence level. DOT seeks higher support at the 50 Simple Moving Average (SMA). If this immediate anchor fails to hold, we can expect DOT to tumble further and perhaps retest $30. The Moving Average Convergence Divergence (MACD) indicator had flipped massively bullish from last week. However, the indicator’s upward momentum has dramatically reduced. At the time of writing, the MACD line prints a horizontal trend, implying that the slightest resistance path is sideways. On the other hand, traders should be on the lookout for the MACD’s return into the positive region. Besides, if the MACD line (blue) crosses under the signal line, massive sell orders are likely triggered. Another dip below $30 may not stop at $27 but could extend the bearish leg beneath $20. On the upside, holding the support at the 50 SMA on the 4-hour chart will ensure market stability. Bulls will then have the time to focus on rebuilding the uptrend toward $40. Another bullish signal would be settling above the confluence resistance at $35. Polkadot intraday levels Spot rate: $33.6 Trend: Bearish Volatility: Low Support: 50 SMA on the 4-hour chart, $30 and $27 Resistance: $35 and $40
BITFINEX:DOTUSDShort
by CoinGape
Polkadot (DOTUSDT) LongDOTUSDT consolidating near entry. A strong close above $37.3 will start the pump. DISCLAIMER: I am NOT a financial advisor and this post is NOT financial/investment/trading advice. I am simply sharing what I am doing, and I will not be responsible for any actions you take based on the analysis and comments that I provide. The cryptocurrency market is extremely volatile, and you WILL lose all your money if you are inexperienced! DO NOT risk any money that you cannot afford to lose and always be cautious and manage your risk! What are your thoughts? Please leave your ideas and analysis in the comments below! Do give the post a like and a follow.
Long
by cryptotraderog
9
DOT is drawing closer to a 31% upswing, eying $50 Polkadot is trading at the apex of a symmetrical triangle pattern ahead of the anticipated liftoff to 50. The resistance at $40 remains the biggest hindrance to the bullish outlook. Polkadot is among the few cryptoassets set to begin the week in the green. Bitcoin surprised many by making a real break above $60,000 over the weekend. DOT is most likely following in its footsteps to achieve another record high. Meanwhile, DOT is trading at the apex of a symmetrical triangle. This pattern highlights a period of consolidation in addition to a potential breakout or breakdown. The symmetrical triangle is formed by two trendlines whereby one connects a series of higher lows and a series of higher lows. A breakout will occur as soon as the price slices through the upper trendline. The move to the north is usually drastic and confirmed by a sudden increase in trading volume. Triangle breakouts have exact targets measure from the pattern’s highest to lowest points. Polkadot is very close to breaking above the upper trendline, where it will launch 31% higher to a new all-time high. The anticipated upswing will be reinforced if the MACD sustains the cross above the signal line. Moreover, the indicator should stay within the positive region to secure the bullish impulse. Note that the bullish outlook will fail to hold if Polkadot upside is continually limited under the upper trendline, and by association, the seller congestion at $40. On the downside, the 50 Simple Moving Average is in line to offer support. Massive losses eyeing levels under $25 will come into the picture in the symmetrical triangle breakdown.
KRAKEN:DOTUSDLong
by CoinGape
2
POLKADOT (DOTUSDT/DOTBTC) Potential Long Entry 2021/03/11Long Trade Setup #1: Retest and Continuation (200MAs) 1. Price Action: Price needs to move back down to the 200MAs, currently projected to be @ $35.5-36.5 by the time price reaches it, and bounce back up. 2. Trade Entry Confirmations: Bullish candlestick pattern, above average volume, MACD bottoming DISCLAIMER: I am NOT a financial advisor and this post is NOT financial/investment/trading advice. I am simply sharing what I am doing, and I will not be responsible for any actions you take based on the analysis and comments that I provide. The cryptocurrency market is extremely volatile, and you WILL lose all your money if you are inexperienced! DO NOT risk any money that you cannot afford to lose and always be cautious and manage your risk! What are your thoughts? Please leave your ideas and analysis in the comments below! Do give the post a like and a follow.
Long
by cryptotraderog
10
DOTUSDT - Play for the next few daysHi guys, This is my first technical analysis take on the DOTUSDT chart. As you can see we are moving up inside an ascending upward channel and the strength is clearly showing upwards movement in the coming days especially while BTC stays above $50,000. We are moving up to test the previous ATH and will retest the $42.2 area before taking a break and possibly some accumulation. Another push towards the upside is most likely to see the previous ATH getting broken and price moving upto $43.5-$44 area after which we might some further downside towards $36.5-$38 which will retest the lower band of the ascending channel. After testing support we are most likely to see upside movement on DOT to go up and create new ATH in the coming days. Areas to watch: - $46 - $50 - $55 Ofcourse this is just my take and personal opinion on the price movement and should not be considered as financial advice. Please let me know what you guys think in the comments below. Thanks for reading Cryptothropist
Long
by alioncloud
Polkadot Buy Signal triggered Ema crossover SMA New ATHsPolkadot Buy Signal from Script triggered Ema crossover SMA *Update of Dot's Chart & Analysis from 28/02/2021* Polkadot (Dot) Buy opportunity! Potential 68%+ Gain to set a New ATH of $50 at the 161.8% Fibonacci Level. Dot's price soared to a high of $42 on 20/02/21. Since setting this new ATH , it has lost some momentum, retracing down to a low of $26 on the 23/02/21 after such an impulsive move, but currently it is still trading 45% above this low 4days ago on the 23/02/21. The fundamental outlook for Dot in the long-term is great and still very much bullish , its total Market Cap is at $33.7 billion and currently ranked 6th biggest digital currency in the world after Bitcoin , Ethereum , Cardano, Binance Coin and Tether. Over the coming month we expect Dot to retest the previous ATH of $50 at the 161.8% Fibonacci extension . Note this may not be a straight forward push, but a bullish momentum powered by 3 push phases. Use the Buy Zone area to map your entries, Zone 1 at the 23.6% level and Zone 2 at 61.8% Golden ratio. Overall, there is a high probability that Dot's price will break out higher (68% Gain from current price levels) as the bulls target the next resistance at $50.
BITFINEX:DOTUSDLong
by CryptocurrencyMagnet
Polkadot Buy Signal from Script triggered Ema crossover SMA Polkadot Buy Signal from Script triggered Ema crossover SMA *Update of Dot's Chart & Analysis from 28/02/2021* Polkadot (Dot) Buy opportunity! Potential 68%+ Gain to set a New ATH of $50 at the 161.8% Fibonacci Level. Dot's price soared to a high of $42 on 20/02/21. Since setting this new ATH , it has lost some momentum, retracing down to a low of $26 on the 23/02/21 after such an impulsive move, but currently it is still trading 45% above this low 4days ago on the 23/02/21. The fundamental outlook for Dot in the long-term is great and still very much bullish , its total Market Cap is at $33.7 billion and currently ranked 6th biggest digital currency in the world after Bitcoin , Ethereum , Cardano, Binance Coin and Tether. Over the coming month we expect Dot to retest the previous ATH of $50 at the 161.8% Fibonacci extension . Note this may not be a straight forward push, but a bullish momentum powered by 3 push phases. Use the Buy Zone area to map your entries, Zone 1 at the 23.6% level and Zone 2 at 61.8% Golden ratio. Overall, there is a high probability that Dot's price will break out higher (68% Gain from current price levels) as the bulls target the next resistance at $50.
BITFINEX:DOTUSDLong
by CryptocurrencyMagnet
Polkadot (Dot) at Buy Zone 2@ 38.20% Fibs 34% Gain back to ATHUse the Buy Zone area to map your entries, Zone 1 at the 23.6% level and Zone 2 at 38.2% Fibonacci level. Overall, there is a high probability that Dot's price will break out higher (68% Gain from current price levels) as the bulls target the next resistance at $50. *Update of Dot's Chart & Analysis from 28/02/2021* Polkadot (Dot) Buy opportunity! Potential 68%+ Gain to set a New ATH of $50 at the 161.8% Fibonacci Level. Dot's price soared to a high of $42 on 20/02/21. Since setting this new ATH , it has lost some momentum, retracing down to a low of $26 on the 23/02/21 after such an impulsive move, but currently it is still trading 45% above this low 4days ago on the 23/02/21. The fundamental outlook for Dot in the long-term is great and still very much bullish , its total Market Cap is at $33.7 billion and currently ranked 6th biggest digital currency in the world after Bitcoin , Ethereum , Cardano, Binance Coin and Tether. Over the coming month we expect Dot to retest the previous ATH of $50 at the 161.8% Fibonacci extension . Note this may not be a straight forward push, but a bullish momentum powered by 3 push phases. Use the Buy Zone area to map your entries, Zone 1 at the 23.6% level and Zone 2 at 61.8% Golden ratio. Overall, there is a high probability that Dot's price will break out higher (68% Gain from current price levels) as the bulls target the next resistance at $50.
BITFINEX:DOTUSDLong
by CryptocurrencyMagnet
1
Polkadot (Dot) Consolidating into Buy Zone 2Polkadot (Dot) Consolidating into Buy Zone 2 before the next push phase. *update of March 03 2021 Chart* Polkadot (Dot) Buy opportunity! Potential 68%+ Gain to set a New ATH of $50 at the 161.8% Fibonacci Level. Dot's price soared to a high of $42 on 20/02/21. Since setting this new ATH , it has lost some momentum, retracing down to a low of $26 on the 23/02/21 after such an impulsive move, but currently it is still trading 45% above this low 4days ago on the 23/02/21. The fundamental outlook for Dot in the long-term is great and still very much bullish , its total Market Cap is at $33.7 billion and currently ranked 6th biggest digital currency in the world after Bitcoin , Ethereum , Cardano, Binance Coin and Tether. Over the coming month we expect Dot to retest the previous ATH of $50 at the 161.8% Fibonacci extension . Note this may not be a straight forward push, but a bullish momentum powered by 3 push phases. Use the Buy Zone area to map your entries, Zone 1 at the 23.6% level and Zone 2 at 61.8% Golden ratio. Overall, there is a high probability that Dot's price will break out higher (68% Gain from current price levels) as the bulls target the next resistance at $50.
BITFINEX:DOTUSDLong
by CryptocurrencyMagnet