DOT's situation+next targets and expected movementsThe price on the daily timeframe is within an ascending triangle, which can be promising. If the price breaks this pattern with bullish candles, it could easily rise by the distance of AB=CD, If my view is correct, DOT will rise to $5 .
And if this pattern is correct and breaks, higher targets are p
Key stats
About Polkadot
Launched in 2020, Polkadot is sometimes described as a ‘layer-0’ blockchain as it hosts an ecosystem of blockchains. It’s a ‘parachain’ protocol — which, put simply, means it allows for ease of communication between separate cryptocurrencies. Founder Dr. Gavin Wood (formerly the CTO of Ethereum) sees Polkadot as synonymous with the web3 and its decentralized makeup, which is pretty unsurprising given he literally coined the term in 2014. Its native token DOT is used for staking, governance, and ‘bonding’ — the act of bonding DOT tokens with new chains on the network.
Related pairs
DOT is bullish now & many Traders don't see it !!!The price on the daily timeframe is within an ascending triangle, which can be promising. If the price breaks this pattern with bullish candles, it could easily rise by the distance of AB=CD, If my view is correct, DOT will rise to 5$ .
And if this pattern is correct and breaks, higher targets are p
$DOT \ PolkadotCRYPTOCAP:DOT \ Polkadot 🔃
Polkadot has been accumulating for a long time in both USD and CRYPTOCAP:BTC pairs and is gathering strength above the demand zone.
With the RSI supporting this movement, DOT is preparing for a new upward phase. The sleeping giant, which has been quiet for a long tim
DOTUSD H4 | Bearish Drop in Progress”DOT/USD is reacting off the sell entry which is a pullback resistance that aligns with the 50% Fibonacci retracement and could drop from this levle to the downside.
Sell entry is at 4.165, which is a pullback resistance that aligns with the 50% Fibonacci retracement.
Stop loss is at 4.420, which i
DOTUSD H4 | Bearish continuation in playDOT/USD is rising towards the sell entry, which is a pullback resistance that is slightly above the 23.6% Fibonacci retracement and could drop from this level to the downside.
Sell entry is at 3.937, which is an overlap resistance.
Stop loss is at 4.119, which is a pullback resistance that is slig
DOTUSD H4 | bearish drop offDOT/USD has rejected off the sell entry which and could potentially drop from this levle to the downside.
Sell entry is at 3.843, whichis a pullback resistance.
Stop loss is at 4.119, which is a pullback resistance.
Take profit is at 3.453, which acts as a pullback support.
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Frequently Asked Questions
Polkadot (DOT) reached its highest price on Nov 4, 2021 — it amounted to 55.210 USD. Find more insights on the DOT price chart.
See the list of crypto gainers and choose what best fits your strategy.
See the list of crypto gainers and choose what best fits your strategy.
Polkadot (DOT) reached the lowest price of 2.803 USD on Aug 22, 2020. View more Polkadot dynamics on the price chart.
See the list of crypto losers to find unexpected opportunities.
See the list of crypto losers to find unexpected opportunities.
The safest choice when buying DOT is to go to a well-known crypto exchange. Some of the popular names are Binance, Coinbase, Kraken. But you'll have to find a reliable broker and create an account first. You can trade DOT right from TradingView charts — just choose a broker and connect to your account.
You can discuss Polkadot (DOT) with other users in our public chats, Minds or in the comments to Ideas.