Current trading values are similar to the ones in 2020 December when the coin was first launched. I believe we will see Polka rising to its former Higher Highs before the end of this year.
Past Performance of Polkadot Polkadot, like most coins, is inside a trading range, and buyers are yet to unshackle themselves from determined sellers. From the daily chart, DOT is up a paltry six percent from September 2022 lows. However, from the daily chart, there are flashes of strength, signaling growing upside momentum. #Polkadot Technical Analysis DOT is...
Past Performance of Polkadot Polkadot bears are relentless at spot rates, per the formation in the daily chart. After a brief consolidation, DOT prices are down double digits in the last trading month, dropping nine percent on the previous trading day alone. As per the DOT candlestick arrangement, traders should look to align with the primary trend by unloading...
Hello friends, today you can review the technical analysis idea on a 1D linear scale chart for Polkadot (DOTUSD). The chart is self-explanatory. With the crypto market going through a correction, Polkadot may still have downside to go. See where I believe there may be strong support and possible bottom. Included in the chart: Trend line, Support and Resistance...
#DOT/USDT $DOT is inside descending channel and around the middle line. 🐮 holding the middle line as support will increase price toward upper line. 🐻 break down from middle line will drop price to lower line, as the middle line can be the neck line of head and shoulders pattern.
#DOT/USDT $DOT shaped a Cup & Handle pattern in 1h time frame! 🐮 breaking out the middle and upper line of descending channel that is the handle will confirm this pattern and will bring it up to touch 2 fib level of the cup which is around $8.4. 🐻 breaks down from the lower line of channel will invalid this pattern and can drop price to middle line of daily...
Past Performance of Polkadot Like the rest of the crypto market, Polkadot is relatively suppressed when writing. There are hints of weakness, and the coin is down six percent on the last trading day versus the resurgent USDT. Still, buyers appear to be in charge in short to medium term. Notably, the August 8 bar is bearish, reversing gains of August 8, a net...
#DOT/USDT $DOT is above the trend line that is the same as the support zone. 🐻 price may have more drop in the short term to touch the support zone where meets curved support. break down from this support will drop the price to descending trend line (green). 🐮 holding above the support zone can bring back bulls in play and attempt to break out descending trend...
Past Performance of Polkadot Polkadot remains under pressure at spot rates, as per the development in the daily chart. Even though buyers are optimistic about the project, expecting its value proposition to propel DOT higher, bears are firmly in control at spot rates. Currently, DOT is down 71 percent from April 2022 highs and hanging precariously at 2022 lows at...
Hello 🐋 Based on the chart, the price is close to the green trend line and major support or better to say the previous zone that started its amazing pump to the upside ✔️ if the price breaks the red trend line to the upside, we will see more gain besides the range market is acceptable scenario too 📖💡🚀 and if the price break the rang area to the upside, we will see...
Past Performance of Polkadot The broader crypto market expects a recovery, a development that might lift DOT prices from 2022 pits. Still, sellers remain firmly in control with resistance at the middle BB. Currently, DOT crypto prices are struggling against a deluge of selling pressure. The coin is down roughly three percent in the past trading week. #Polkadot...
Past Performance of Polkadot The rising crypto market tide is lifting Polkadot bulls, as per the performance in the daily chart. DOT is stable on the last trading day and up three percent in the previous trading week. Still, bulls appear to be building up, solidifying their base. Confirmation of the close above the middle BB of May 30 could spark demand, lifting...
Past Performance of Polkadot DOT prices are relatively steady at spot rates but are up roughly 37 percent from 2022 lows. Bears still have an advantage and are in charge of the current trend. Notably, prices are oscillating inside the recent wide-ranging bear bar of May 18. This bar is inside the main sell candlestick of May 11, pointing to struggling bulls...
Splash! Polkadot has taken a header into our blue trading area, a shape we generally use to mark long-term entry opportunities in our chart analyses. As soon as the altcoin has finished wave ii in magenta there, we expect it to move upwards. Once it has climbed above the resistance at $22.50, Polkadot should have enough drive to make it above the next mark at...
we have achieved our Past Specified Targets and now Updating the Idea and Taking New Positions as you can see the price has done its accumulation phases in 2 zones and triggered our past TPs with a sharp Impulsive wave and consolidating above our 3 TP, it will started its Rally after some consolidation as we can see there exist a Hidden Bullish Divergence with...
Polkadot has a nice healthy bullish trendline which is holding. When we break this resistance, we can go to $27. Just watch EMAs and volume.
POLKADOT(DOTUSDT) is going through an A-B-C correction. The correction looks like a Zig-zag correction which is a 5-3-5 wave design Wave A - Went from $49 to $10.6 Wave B - Went from $10.6 to $55 Wave C - it's a 5 wave series and I think it will end up at $8-$9 zone before reversal POLKADOT(DOTUSDT) going to retrace to 88.6% or 94.1% correction TO $8-$9 . We are...
Important Buying Zones for Polkadot ($DOT). BUYING ZONE 1 - $23.4 - $24.1 BUYING ZONE 2 - $15.8 - $16.6 BUYING ZONE 3 - $10.3 - $10.9 BUYING ZONE 4 - $6 - $6.9