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Polkadotusdt

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
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, Polkadot - I expect for the entry point ⏳The price has consolidated above the key level. It created a local downtrend line. If price breaks this key level, it will be a great opportunity to go up. I'll say it again, I think, the coin has powerful potential. Write in the comments all your questions and instruments analysis of which you want to see. Friends, push the like button, write a comment, and share with your mates - that would be the best THANK YOU. P.S. I personally will open entry if the price will show it according to my strategy. Always make your analysis before a trade
Long
by Yuriy_Bishko
16
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 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