Polkadot: Resistance BreachedRecently, DOT briefly breached the resistance at $1.28. Although the altcoin subsequently pulled back somewhat, we primarily expect this resistance to be sustainably overcome soon. Imminently, the next step should include increases between the two resistance levels at $1.28 and $1.75, before the second mark is also likely to be sustainably exceeded. Alternatively, DOT could pull back below the support at $0.81 to establish a new corrective low (probability: 30%).
Polkadotforecast
Polkadot: Ready to Bounce Straight Back Up?For now, we continue to expect that DOT will be sold off into our orange Target Zone between $1.66 and $0.70—which could offer attractive long entry opportunities – and complete magenta wave . However, we estimate there’s a 37% chance that the significant low is already in place and that the altcoin could break out directly above resistance at $3.45; in this scenario, our Target Zone would no longer be relevant.
Polkadot: Short-Term Rally Before Potential Drop into Target ZonDOT is currently expected to move toward the high of wave iv in orange, according to our primary scenario. We continue to anticipate that this move will remain below the resistance level at $3.78. Afterward, we are primarily preparing for a wave v sell-off into the orange Target Zone ($1.66 – $0.70). In this range, we expect to see the low of wave in magenta, which should signal a potential long-term trend reversal to the upside. There is still a 30% probability that the correction low has alr
Polkadot: Rally Gains MomentumPolkadot’s DOT token has posted impressive gains recently. We primarily attribute this rally to wave iii in orange, which appears poised to break decisively above the $4.68 resistance level. At the same time, we see a 30% chance that a new correction low could still develop within the green alternative Target Zone between $3.22 and $2.31.
Polkadot: Bottom Already in?Given Polkadot’s recent sharp rebound toward resistance at $3.66, we consider it 35% likely that magenta wave alt. has already bottomed at $3.02. This would be confirmed by a meaningful breakout above said $3.66 level. Our primary scenario, however, still calls for lower lows as part of wave – with a break below the same $3.02 support.
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Polkadot: Shaky SupportPolkadot remains weak, barely holding onto the round $4 mark on Friday. Primarily, we soon expect another sell-off below the support at $3.67 and into the orange Target Zone between $2.40 and $1.07. Once the low of the magenta wave is reached down there, the next major impulsive movement can start and carry the price back above the resistance at $5.38. If Polkadot turns sustainably upward now and directly breaks through the $5.38 mark, the next magenta impulse wave alt. will begin prematurel
Polkadot: Now It’s Crunch TimePolkadot has been unable to resist the widespread downturn in the altcoin sector, giving up much of its recent gains after a solid performance in recent days. Our grayed-out Target Zone for the low of the green wave is coming back into focus – though under our primary scenario, DOT shouldn’t fall much lower in the short term. If the coin drops below the $3.80 support, however, a new bear market low in our orange Target Zone between $2.40 and $1.07 will be on the horizon. In this 39% probable a
Polkadot: Back on the Rise?Following the recent sharp pullback, Polkadot has established an important low just above the support at $3.56, completing the orange wave ii. In the medium term, the subsequent orange impulse wave iii should drive the price significantly higher, breaking past the resistance at $11.88. However, if DOT falls below $3.56, our 39% likely alternative scenario will come into play, and the magenta wave alt. will reach a new major correction low. For this case, we have outlined our orange alternative
Polkadot: New Yearly High Soon?Polkadot is currently showing a slight downward trend. However, since hitting the pink wave II low at $7.42, the cryptocurrency has made a significant recovery. According to our primary scenario, the ongoing impulsive wave III should push the price well above the $10.52 resistance before the next interim correction in the pink five-wave pattern begins. However, Polkadot is unlikely to surge straight to a new all-time high without experiencing occasional pullbacks along the way. Indeed, there is
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- By 2020, Polkadot amplified that vision for me, giving projects the freedom to build their own blockchains and putting governance back in the hands of the people. It may seem utopian, but Bitcoin has already proven it's possible with POW (proof of work).
- In this 2024 pre-bull market, I’ve heavily watched BNB, Solana, and Toncoin bring in
POLKADOT Trade Idea (DOT)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 Trade Idea DOT/USDTPOLKADOT (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 that this analysis is exclusively offered for educational purposes and should not be interpreted as financial advice.
Polkadot: On the Dot ⌚️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 zone but stop before the resistance at $7.89. Afterwards, Polkadot should take another southwards step by completing wave c in green as
Polkadot DOT price growth is still aheadIt 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 that the rebound of the DOTUSD price from the bottom can be called quite weak compared to other altcoins.
Buyers of Polkadot token ha
Polkadot Black Friday- Everything is in graph.
- Weekly predominant bullish divergence on RSI.
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- i won't speak "Price to Buy", but WHEN to buy :
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- Buy a Dip and wait for the end of this triangle.
or
- Buy a Breakout from the same triangle.
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- Black Friday is Real.
Happy Tr4Ding !
Polkadot (DOT) – insane long today!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 but can be realized several months. I suppose that this asset is now next to the perfect entry mid and long term point. First of all I
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,
Polkadot: Taking a HeaderSplash! 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 $50.55 as well.
Polkadot slow mode- in my older analyze i predicted Polkadot bottom around 15.5$ :
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 parachains, in the future i see DOT number 3 on CMC next to BTC and ETH.
- Many concurents as Solana or Luna made bigger moves than DOT, becaus
Polkadot don't give up-Do you remember last dip (May-July) ? i posted analysis and found the perfect bottom at 10$. ( i will post it in comments )
- So this time imho it's not the same because alts are almost bottomed already.
- This graph is a bit messy but you can see clearly demands zones.
- The difficulty is not to find where we go but when we go.
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Trading Plan
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Buy : 24$-25$ is
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























