DOTBTC
Polkadot is a on it's way to $5!Polkadot has broken out of triangle formation, as the downtrend line has been broken to the upside and currently is testing the upper level of resistance area from 4.50 to 4.63$.
I expect Polkadot to hit $5 today or tommorow, which is TP1, 9% from current price.
TP2 is $5.33, 15%.
Good luck with this trade!
Tibor
Dotbtc a possible scenario to breakA possible scenario after the tough resistance created above .49 After this scenario it would be profitable to wait.
DOT (Polkadot) - The levels I look atThe fall of the crypto market did not bypass polkadot either. After losing $5.5 resistance it keeps falling and currently testing $4.5 support. If we close below the next target is $3.8.
The worst case is that the whole pump will be retraced and we'll back to $2.5
Two setups I see here:
* Scalp short from the previous support break at $5
* Scalp long from ~$3.8 area
Hit the "LIKE" button and follow to support, thank you!
Information is just for educational purposes, never financial advice. Always do your own research.
DOT /USD AnalysingWhen DOT was above $6,2 , here i shared that DOT will make a correction and fall to $4,5
-Now this target has been successfully succeeded and DOT will start rising from this poing and its support level is $4,6
It's getting ready to make new ATH above $7 .
After coin market cap showing DOT in the top 10 ithis will bring new investors to the DOT .
We may see Coinbase listing soon too ,beacuse there are some serious news that DOT will be added to Coinbase.
Coins listing on Coinbase automatically boost its price over %40 higher.
Good luck.
DOT/BTC (Pattern Broke Bearish)BINANCE: DOTBTC
-The ascending triangle pattern broke to the downside
-Confirming a bearish downtrend is on the way
-There is an incoming bear cross of 20ma>50ma
-The momentum priority is downward and the target below around 38k sat
-If you have a position since the start of trading
-Please take profit and trail your stop loss
Polkadot (DOT) Project Overview + Chart Analysis (Targets)About Polkadot
Polkadot is an open-source project founded by the Web3 Foundation. Polkadot is a sharded protocol that enables blockchain networks to operate together. The DOT token serves three distinct purposes: governance over the network, staking, and bonding.
Source: Coinmarketcap.com
Website: polkadot.network
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Polkadot (DOTBTC) is new and we have little history.
So far, short-term, we are looking bullish with prices moving above EMA10 and facing resistance.
We also have what appears to be an ascending triangle format.
Multiple targets are marked on the chart as well as the main support level in case prices drop.
This is a young chart, we have no history here so everything can change.
If you do decide to trade, make sure to build a plan, use a tight stop-loss and remain open to all scenarios.
This is not financial advice.
Namaste.
Polkadot is good market buy!Polkadot is sitting currently on uptrend, bounced of strong support level, and shown a very good lookin 4h candle close!
I expect this coin DOT to have a strong rally to $6.8 which is exactly 13.33% from current price of $6. The Second take profit is below $7.5 and that's a 25% profit.
And one question to my followers, do you prefer shorter and more analysis or long and less analysis? Let me know in comments :)
Good luck with this trade!
Tibor
DOT.USDT (Y20.P4.E1).Its time*** this is a continuation of the previous post, link below ***
This also applies to the BTC pairing.
Cheers,
S.Sari
$DOT - A Nice Step Up Action For DOT To Resume Parabolic RiseWe can see from the DOTBTC chart above that DOT's rise has been on a step up approach. Essentially rising a lot, taking a breather and then resuming the rise again.
This sharp rise looks set to continue as more and more projects are coming out on the Polkadot platform.
Given the rise of the previous step ups (around 50%) we could expect the next step up to reach around the 80k Satoshi level.
Overall picture looks pretty amazing for DOT and there's no reason we can't see this at the same market cap as Ethereum which is a 900% rise from these levels.
Polkadot 7500%!!Don't Flame me yet! i just want to tell you that this chart is a JOKE because of course Polkadot won't reach is old ATH in few weeks lol!
So what is Polkadot and why i made this chart ? it's simple. The price falled cuz the DOT Token got a redenomination from its original sale on 21 August. ‘New DOT’ will be 100x smaller than ‘DOT (old)’. Therefore, the DOT balance will be 100x higher and the price per DOT will be 100x lower. So the price also falled from X100.
Polkadot is an ecosystem enabling cross-blockchain transfers of any type of data or asset, not just tokens. Connecting to Polkadot gives you the ability to interoperate with a wide variety of blockchains in the Polkadot network. so it means it will interconnect all the Blockchains.... BTC is the King of Cryptocurrency and ETH the King of Smart Contracts... Polkadot could be 'the King' of the DEFI projects.
Polkadot got listed on many AAA Exchanges in no time. Due to the specific nature of Polkadot, the estimation can be significantly excessive & unrealistic.
Teams building on Polkadot :
ChainLink - developing an oracle
Laminar - open finance platform
ChainX - developing a Bitcoin and Ethereum bridge
Digix - gold on the blockchain
Dock.io 204 - verifiable credentials
Centrifuge - operating system for financial supply chain
Ocean Protocol - ecosystem for sharing data
Energy Web Foundation - building an energy network
iExec - decentralized cloud computing
Edgeware - building a WASM-based smart contract platform
ZeroChain - zK-SNARKs chain built on Substrate
Acala Network - stable coin platform built using Substrate
Robonomics - cyber-physical systems integration
pLibra - a privacy preserving implementation of Libra
MXC - IoT protocol
Darwinia - multi-chain gaming
Katal - financial contracts
Joystream - A user governed video platform
Ladder Network - decentralized exchange for cross-chain assets
Akropolis - decentralized pension and DeFi blockchain
Asure Network - social security network
KILT Protocol - credentials for Web 3.0
PACTCare - Metadata Blockchain based on Substrate called Starlog
0x protocol - decentralized exchange
Blink Network - lightning fast payments
LayerX - zk-SNARKs chain
Plasm - Plasm is a Substrate Runtime Module Library allows developers to add Plasma functions to their Substrate chain
Speckle OS - universal identity and account parachain
Totem - real time accounting for Substrate
that said you have to invest wisely and make your own research. i do not provide personal investment advice on Polkadot.
Happy Tr4Ding !
DOTBTC (PolkaDot) Perfect entry before real rally!BINANCE:DOTBTC is in a perfect range to enter at this small dip , gorgeous triangle is being printed ready to further pump.
DOTBTC set to resume uptrendin a bullish pennant with bullish divergences on the 4H. needs to break above 0.000555
DOT for days (updated)DOT seems to be settling around the $5.99 support level, but will likely dip if/when BTC drops further. Here's an updated chart with the other major support areas marked.
In case you're not familiar, CMF is Chaikin Money Flow - a useful indicator for determining breakouts and relative amount accumulation vs. distribution.
As you can see from the chart, the price action above $5.99 support level is primarily distribution (see explanation below).
A positive Chaikin Money Flow = ACCUMULATION
A negative Chaikin Money Flow = DISTRIBUTION
Also, the higher the reading (above or below zero), the stronger the signal. This gives us some insight to what’s really behind driving today's price action.
rejection again for DOT. should do some correction first correction is a must..lets see how much lower it will go first.
Anyway, Kadena is a DOT ecosystem.. it is BOOMING now ..look at my other ideas for $KDA..
$KDA is a hidden gem. fortune 100;500 companies already using it.
but only 20mil market cap only. this can go x20-x50 long term.
There is fifth wave of Polkadot coming!Hey, I am back with another Crypto Analysis, focused on Polkadot.
Intro.
Last time I was making an analysis on DOT, I was pretty bullish on it and bought at $4.35, which is not the best entry, but remember the point of making money is about to be, able to take your profit at a good level !
Today I took profit at $6.5 and rebought at $5.8, which is again not the best entry, but at least I know when I want to sell this coin.
Technical Analysis.
- The price is currently sitting at the bottom of 4. Elliott wave .
- Price found support at 50 EMA, healthy trend.
- RSI is not below 40 , it has made new lower low. but still not lower than previous lows.
- MACD is on a selling wave, but the size of selling volume is finding a top .
- Resistance levels are on the chart
- Price is still on uptrend line .
Let's hope this goes as analyzed!
Tibor
DOT rising wedge? pullback for abitHow bullish a chart will always have a short term correction..
i see a rising wedge.
It should pull back quite abit for now. Lets see!
DOT/USD AnalysingDOT or Polkadot is on fire in last few days and rising insanely.
I expect a correlation soon as it happened before anf has fallen %18 from $4,55 to $3,73
Now DOT price is $6,25 and i expect the same fall %20 from $6.25 to $5
and If that falling continues and DOT goes into falling trend, it might fall to till $2.85
Good luck.
Just bearish because DOT has pumped quite abit -COOL DOWN periodThere is some cool down period for DOT apparently. its pump too much and need some usual correction in place, or this will dump very fast.
