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Polkadotanalysis

POLKADOT the last chance and the range market 📖🚀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 more gain 🚀 otherwise we can see more correction ❌🧨 Please, feel free to share your point of view, write it in the comments below, thanks 🐋
Long
by MadWhale
5
#Polkadot's Upside Limited, will DOT Steady above $8.5?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 Technical Analysis DOT prices are inside a tight trade zone, tracing the middle BB as bears diffuse attempts for higher highs. In a bear flag, the coin has support at $8.5. On the other hand, resistance is defined by the flexible resistance line, the middle BB, and $11. Ideally, buyers should wait for confirmation of May 13 gains. That will mean a clean break above $11 with rising trading volumes. If not, any drop below $8.5 or last week's lows could trigger a sell-off towards $7 in the immediate term. What to Expect from #DOT? Polkadot is struggling, and bears are in a commanding position. The odds of unexpected recoveries above the middle BB are slim to none. Accordingly, aggressive DOT bears may unload on dips, doubling down, especially if there are further losses below last week's lows. Resistance level to watch out for: $11 Support level to watch out for: $8.5 Disclaimer: Opinions expressed are not investment advice. Do your research.
Short
by Bitcoin_Analyzer
#Polkadot Breaks above the Middle BB, Buyers set Sight on $12Past 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 DOT to new heights. #Polkadot Technical Analysis DOT prices are above the flexible resistance line (now support) in a bullish breakout for the first time in roughly two months. Although DOTUSDT is within the May 11 trade range, the probability of buyers adding to their longs and breaking above $12 remains high. Such a move will nullify bears and set the ball rolling for more gains in the immediate term. At spot rates, aggressive DOT buyers may buy the dips as long as prices are above last week's lows of $8.7 in anticipation of a leg up above May 11 highs. What to Expect from #DOT? The resurgence of digital assets positively impacts DOT as it is up in green, arresting sellers and reviving bulls. Still, gains above $12 could trigger more buying pressure, allowing Polkadot bulls to unwind deep losses from early April 2022. Resistance level to watch out for: $12 Support level to watch out for: $8.7 Disclaimer: Opinions expressed are not investment advice. Do your research.
Long
by Bitcoin_Analyzer
#Polkadot is up 37% from 2022 Pits; DOT Resistance at $12Past 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 unable to contain the strong wave of selling pressure. DOT is up three percent in the past 24 hours at spot rates. #Polkadot Technical Analysis Currently, the primary trend is bearish. The immediate resistance levels stand at $12, flashing with May 11 highs, and the middle BB, the flexible liquidation level. This preview cancels bull optimism resulting from the series of higher highs relative to the lower BB from May 13. Every retracement towards $12 may see sellers liquidate with targets at May 2022 lows of around $7.5. However, there could be clear opportunities if DOT prices slide below $9.3. Risk-averse traders, bullish on DOT, must wait until there are solid gains above $12. Ideally, the expansion ought to be with rising trading volumes. This may build the foundation for another leg up to $14, retesting the Q1 2022 lows. What to Expect from #DOT? Polkadot has an active ecosystem with a novel model for scaling. As crypto prices recover, DOT will likely rise with the tide. Presently, DOT is in a precarious position and may dump if bulls fail to hold above key support levels. Resistance level to watch out for: $12 Support level to watch out for: $9.3 Disclaimer: Opinions expressed are not investment advice. Do your research.
Short
by Bitcoin_Analyzer
DOT Analysis 09/03/2021we 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 MACD Histogram, which is the sign of trend continuation. there total of 3 New Targets specified where as the 3TP will gets its confirmation if the Price Triggers and Correct the 2 TP which is the extension zone of Fibonacci Projection of the Previews impulsive wave.
Long
by BitonGroup
8
POLKADOT(DOTUSDT) SHORT TO $8-$9 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 presently at 78.6% FIB retracement, so the next best points are 88.6% and 94.1% and they are derived by the following formulae: 88.6% price level is derived by squaring (or multiplying by itself) from the Golden Ratio, 0.618: 0.618 x 0.618 = 0.786 (78.6%) 0.786 x 0.786 = 0.886 (88.6%) 0.886 x 0.886 = 0.941 (94.1%) 88.6% retracement price is $9.3 94.1% retracement price is $6.7 I believe POLKADOT(DOTUSDT) will still be shorted and may find the reversal between 88.6% and 94.1% zone because that's also a junction point where retracement of the whole five-wave series and the extension of the A-B-C meet Please like and comment for feedback
Short
by JAN360
2
Polkadot: Ready to Go Downhill 🎿We’ve connected the dots for Polkadot and established our forecast: Polkadot develops a new interim low by falling below the support at $25.3272. In our opinion, this confirms further downward movement toward $10.3759 and into the magenta-colored area between $10.8195 and $5.7131, where wave (c) in blue should end. Only after reaching this zone should the price go up for longer periods. However, there is a 25% chance that the price could rise earlier and, after hitting the support line at $50.5587, ascend further still.
POLONIEX:DOTUSDLong
by MarketIntel
Polkadot Future is BrightFast update. - Let me be clear on Polkadot, we didn't break any up trend while BTC was dipping. - As you can see on the Graph DOT bounced on his trend (White Line) ( Actually EMA100 / 1D TF). - Acala Network Won first Parachain. - Second Parachain Round just started. - Don't forget that Polkadot huge ecosystem, not same as Solana (Smaller), it will take more time but the long term finality could be impressive. - Unless TheKing not fails Polkadot won't dip more, like most of all altcoins. ----------------------------------------- Trade Plan Unchanged ----------------------------------------- TP1 : 75$ ish TP2 : 100$ ish ----------------------------------------- i will add in comments olders analysis. Stay S4fe and follow the King! Happy Tr4Ding !
KRAKEN:DOTUSDLong
by thecryer
15
DOT Polkadot: Next Leg Up PossibleQuick Analysis on Polkadot ( DOTUSD ) on a 1D Linear Chart: 1) An Arc line has been drawn for Polkadot as the price has been moving up the Arc. 2) From the first top price of about $51 to the next top price of about $55, there was an estimated 10% price increase. The estimated new All Time High for the price, assuming a 10% increase, would be around $61-$62. 3) The RSI (relative strength index) has the potential to go back up as it is currently hovering in the oversold region and with a possible double bottom pattern, it could move up quickly. 4) The Volume is heavy. 5) After this move upwards, the price may have the potential to go Parabolic! What are your opinions on this? If you enjoy my ideas, feel free to like it and drop in a comment. I love reading your comments below. Disclosure: This is just my opinion and not any type of financial advice. I enjoy charting and discussing technical analysis . Don't trade based on my advice. Do your own research! #cryptopickk
KRAKEN:DOTUSD
by MillionaireEconomics
10
A good spot for PolkadotDescription : Probably out of the uptrend and lost support in the strong downturn that occurred It is currently between a support and a resistance that if it breaks its resistance can hope for an uptrend But if it loses its support, we can expect a drop to $ 10 and $ 7 If the market does not reverse its uptrend and start a downtrend like in 2017, touching $ 7 will not be far from expected, but it can be a good point to enter. Also, the MA 200 is broken and uncomfortable, and indicates a further decline. But if the market reverses the uptrend and the resistance is broken, one can expect to touch $ 50.
by Therezavni