Polkadot spikes to new all-time high after crossing above the stubborn resistance at $40. The upswing hit a barrier at $47, cutting short the journey to $50. DOT is likely to consolidate before the next significant move toward new all-time highs. Polkadot finally made it above the crucial $40 level. The move triggered massive buy orders as investors...
Look at the arrow, this point would be an important point for an strong bullish movement.
Great moves for dot/usdt. Will we see a $40 dot? The $39 resistance os proving strong. EMA healthy with prices well above. Concern at sales volumes at this price.
Technical analysis regarding the price of POLKADOT in relation of dollar Tether for the next scenarios, based on daily movement. The DOT/USDT price in the DIARY is moving upwards, strongly respecting these channels (parallel yellow and macro/main blue), and what keeps going on is this VERY HANDSOME AND STRONG resistance just above the price, at $ 38~40. However,...
Polkadot hits a snag under $35, abandoning the upswing to highs past $40. DOT seeks support at the 50 SMA on the 4-hour chart while trying to avert declines under $30. Polkadot had staged an impressive recovery on Monday, extending the bullish leg from the recently formed support at $27. The token hit highs above $30 and pushed for gains beyond $35. However,...
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Polkadot has broken this weeks downtrend. We see a return into the resistance zone. Prices challenging 1h resistance. Good EMA and good trade volumes.
Actually $32.90 but good strong moves from Dot. If it can break the resistance it'll return to its normal higher 30's levels.
Sharp decline for Polkadot this week so far. Lots of selling volumes. Could this be from people who staked their DOT at the beginning of the year? All trends point downwards until the sales cool off.
Bullish Piercing Line Reversal This is a two-period candle pattern occurring after a downward trend. The first candle shows a steady downward trend. The second candle opens below the closing price of the first candle and closes between the middle and the top of the first candle’s body. This pattern indicates the reversal of the trend and it is highly reliable.
DOTUSDT consolidating near entry. A strong close above $37.3 will start the pump. DISCLAIMER: I am NOT a financial advisor and this post is NOT financial/investment/trading advice. I am simply sharing what I am doing, and I will not be responsible for any actions you take based on the analysis and comments that I provide. The cryptocurrency market is extremely...
Impressive growth over the past few days. The current $38 resistance on the 1 hour chart has proven itself tough to breach in the past. Strong upwards EMA. Good trade volumes.
Watch out for break out! As we can see DOT is making the higher lows. The more higher lows the worse for the bears.
Over the past month it seems like DOT has been into a symmetrical triangle pattern, with decreasing volumes. If it were to break out with an upward momentum we could see it retest the 41.7 area where it was rejected on February 20th. If, on the other hand, it were to break down and enter a downtrend, it could trace back around the 29.6 area and test the previous...
For almost a month, the DOT market has been in the correction phase. After setting a new historical high of $41.92, buyers took the initiative to sellers. In our global idea, we expected the beginning of the correction of this coin with the ultimate goal of $ 17: The correction has started, but not in the format we expected. All that the sellers were able...
Candles holding above the rising EMA. Good trading volumes at these lower Polkadot prices. Expect to see a climb to the 4h resistance mark soon, breaking the 1h resistance level.
fasten your seatbelts cause Polkadot gonna blow up soon.Perfect zone to buy.Great reaction to the trendline.Indicators showing the end of correction.Targets wil be touched soon. TP1: 50$ TP2: 90$
Will we see a $40 Polkadot this coming week? Strong EMA, candles holding position above trend. Slight bit of sideways to downward movement on the 1h.