PolkaDot (DOT) has rallied on the 1D time frame and we can see a choch break above a previous balance area high. Price is currently testing a key resistance level. We are considering a buy opportunity if price retraces into the 50-61.8% Fibonacci zone. This analysis is solely for educational purposes and should not be considered financial advice.
POLKADOT (DOT) has faced recent downward pressure; nevertheless, it is presently trading within a pivotal support zone, as evident from the chart. In the event that the Dollar Index (DXY) gains from its current retrace, DOT/USDT may pursue additional downside targets, given the typical inverse correlation between DXY and DOTUSDT. It is imperative to underscore...
Polkadot has already made further progress in our primary scenario and should continue the downwards movement. We expect our crypto-friend to arrive in the magenta-colored zone between $6.49 and $6.06 on the dot to finish wave a in green. Then, the altcoin should apply itself to the countermovement of wave b in green, which should lead out of the magenta-colored...
It is very likely that the DOTUSDT price is currently in the process of forming a global reversal trend pattern - "Inverted Head and Shoulders" Of course, the final confirmation of the pattern's formation will come after the DOT price is firmly established above $10, and buyers will need to make a lot of effort to achieve this. Looking at the chart, we can say...
- Everything is in graph. - Weekly predominant bullish divergence on RSI. ---------------------------------------------------------------------- - i won't speak "Price to Buy", but WHEN to buy : ---------------------------------------------------------------------- - Buy a Dip and wait for the end of this triangle. or - Buy a Breakout from the same...
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.
Hello, everyone! Let’s continue analyze altcoins which have the potential to reverse before the whole cryptomarket. Yesterday I told you that ADA is about to finish the bear market, today I found the DOT which have almost the same or even stronger bullish bias! Let’s take a look at the 1W timeframe DOTUSDT chart. On the weekly chart the signals are very strong...
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...
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 $22.50, Polkadot should have enough drive to make it above the next mark at...
- in my older analyze i predicted Polkadot bottom around 15.5$ : Here older post : - the problem with common alts is they are naturally following TheKing moves. - if TheKing stays weak then altcoins will just standby and wait for his next move, then some will move harder if BTC pump and weaker if BTC dump. - Polkadot is an heavy project with so much...
Polkadot has a nice healthy bullish trendline which is holding. When we break this resistance, we can go to $27. Just watch EMAs and volume.
Based on Elliott Waves, the next wave is on its way. (schematic figure)
-Do you remember last dip (May-July) ? i posted analysis and found the perfect bottom at 10$. ( i will post it in comments ) - So this time imho it's not the same because alts are almost bottomed already. - This graph is a bit messy but you can see clearly demands zones. - The difficulty is not to find where we go but when we...
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...
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...
Quick 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)...
DOT USD chart does not look good for POLKADOT. But the RSI shows it is oversold and we are also hiding pretty strong support. I expect the price to go higher at least to $32. YOU should not go all in until we break up the bearish TL.
Now, Polkadot has successfully left its past low behind and is set for a moderate rise in the area between $43.80 - $52.76. However, the price should then start another correction and move to the bottom end of the green zone. Finishing this movement, there is plenty of room on the upside, where the price should push through the resistance at $55.3767. Let's Go!