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DOTUSDT trade ideas

DOTUSDT - falling wedgehi Traders, We're analyzing the DOTUSDT Daily chart, and the price is now at $4.30 and has formed a falling wedge formation. If the price breaks out of the falling wedge , entering the long position will be justified. The technical target for this move is around $6.90. 3 more targets are shown on the chart The RSI is currently at 49 , which is still in the neutral zone, but it’s forming higher lows, indicating growing bullish momentum. This is often a sign that buying pressure is increasing, even though the price hasn’t broken out yet. The higher lows in RSI are a form of bullish divergence, which supports the potential for an upward move. Good luck
Long
by vf_investment
3
Alikze »» DOT | Ascending channel - 8H🔍 Technical analysis: Ascending channel - 8H - It is moving in an ascending channel in the 8H time frame. - It has been in demand recently after hitting the bottom of the channel again. - According to the current form and structure, this upward movement can touch the targets specified in the chart with the support of the green box range. - In the first step, the first target will be the middle of the 4.68 channel, after which it can continue its growth up to the first supply area. - In addition, in the case of breaking and stabilizing above the middle of the channel, it will have the ability to grow up to the ceiling of the channel and the range of the second supply. 🛑 The most important resistance: ~ 4.68 💎 Alternative scenario: If the green box and the bottom of the channel are broken, the bullish scenario will be invalidated and the correction can continue until the origin of the movement. »»»«««»»»«««»»»««« Please support this idea with a LIKE and COMMENT if you find it useful and Click "Follow" on our profile if you'd like these trade ideas delivered straight to your email in the future. Thanks for your continued support. Best Regards,❤️ Alikze. »»»«««»»»«««»»»««« BINANCE:DOTUSDT
Long
by alikze
Polkadot ($DOT) Jumps 8% as Polkadot 2.0 Unveils Major UpdatePolkadot’s ( CRYPTOCAP:DOT ) price surged by 8% following the launch of "Agile Coretime," a key component of the Polkadot 2.0 upgrade. This groundbreaking update introduces dynamic blockspace allocation, slashing costs and providing developers with enhanced flexibility. The market has responded positively, with technical indicators hinting at the possibility of a sustained rally. Agile Coretime Launch: A Game-Changer for Polkadot 2.0 Polkadot's Agile Coretime represents a significant shift in how computational resources are allocated on the network. Moving away from the previous auction-based system that required projects to bid for blockspace with two-year leases, Agile Coretime allows for more flexible, on-demand procurement of resources. This not only reduces the cost burden on developers but also eliminates inefficiencies by allocating resources based on real-time network activity. The update is part of Polkadot's broader 2.0 roadmap, which includes other forward-looking features such as Asynchronous Backing and Elastic Scaling. Together, these features aim to improve Polkadot’s scalability and performance, making the network more attractive for developers and businesses alike. With these innovations, Polkadot has positioned itself to be a blockchain ecosystem that can handle surges in demand without driving up costs for developers during times of low activity. Enhanced Flexibility and Reduced Barriers for Developers One of the most notable aspects of the Agile Coretime update is how it lowers the barriers to entry for developers, particularly smaller projects and independent creators. Previously, developers needed to commit large amounts of CRYPTOCAP:DOT to secure blockspace, making it difficult for smaller players to participate in the ecosystem. Now, projects can acquire resources on an as-needed basis, making Polkadot more accessible and encouraging innovation. Derek Yoo, CEO of Moonsong Labs, underscored how Agile Coretime strikes a balance between providing scalable resources without the need to lock in large amounts of capital. Newer projects can scale their resources gradually, while established projects can secure blockspace in bulk, giving them fixed costs and guaranteed performance. Bullish Market Sentiment and Technical Indicators The introduction of Agile Coretime has sparked renewed optimism among investors, reflected in the 8% rise in CRYPTOCAP:DOT ’s price. This upward movement comes at a critical time, as technical indicators suggest that CRYPTOCAP:DOT is nearing a potential bottom. The Moving Average Convergence Divergence (MACD) is showing higher lows, while the moving averages are flattening, signaling that the coin may be ready for a breakout. As of the time of writing, Polkadot is trading at $4.34, with a 2.66% gain during Thursday's market session. The Relative Strength Index (RSI) stands at 48, suggesting that the coin has more room for upward momentum after being oversold for a prolonged period. The long position ratio, currently at 73%, also indicates growing optimism, with both retail and institutional investors likely accumulating CRYPTOCAP:DOT in anticipation of further price gains. Additionally, the Chaikin Money Flow (CMF) indicator shows a divergence between increasing buying pressure and the previous downward price action. This pattern points to accumulation, a signal that buyers are gradually stepping in to push CRYPTOCAP:DOT higher. What’s Next for Polkadot? With the successful launch of Agile Coretime, Polkadot's development team is preparing for the next significant upgrade: Elastic Scaling. This feature will enable chains to utilize multiple cores within a single block, further improving the network's topology and minimizing congestion during peak times. As Polkadot continues to roll out its Polkadot 2.0 upgrades, investor confidence is likely to grow, potentially driving CRYPTOCAP:DOT to higher levels. In conclusion, Polkadot’s recent updates are more than just technical enhancements—they represent a strategic move to position Polkadot as one of the most scalable and cost-effective blockchain networks in the space. With Agile Coretime and future upgrades like Elastic Scaling, Polkadot is paving the way for widespread adoption by developers and businesses. As market indicators continue to point toward a bullish trend, CRYPTOCAP:DOT could be poised for further gains in the near term. Technical Outlook Polkadot’s CRYPTOCAP:DOT coin is up 2.66% at the time of writing, with an RSI of 48, signaling potential room for further growth. The token, having been long oversold, now shows signs of rejuvenation, aligning with the broader bullish sentiment in the market. If the momentum continues, CRYPTOCAP:DOT could experience a sustained rally as investors gain confidence in Polkadot 2.0's enhanced features and developer-friendly approach.
Long
by DEXWireNews
Polkadot / DOT ( Hot or Not? )The price of DOT is $7.5 today with a 24hour trading volume of 777 million dollars. This represents a 2% price increase in the last 24 hours and a 22.00% price increase in the past 7 days Polkadot is a platform that allows diverse blockchains to transfer messages, including value, in a trust free fashion; sharing their unique features while pooling their security. In brief, Polkadot is a scalable heterogeneous multi chain technology made by Gavin Wood, Robert Habermeier and Peter Czaban. but is it hot or not? 4.5$ for Dot is a Dip and the next targets are 7.5, 7.9 and 8.3$. the next big resistance for Dot is 8.5$
Long
by moonypto
18
A nice entry with the retest of the breakout level on DOT?DOT/USDT has broken a descending trend and seems for a potential breakout. In these scenarios, price action often revisits the breakout level which could lead for a potential good entry. Look for an entry as price touches the previously broken trendline. Place a stop loss below the low pivot point. Target: Upside first target is around 5.55$ (a previous low pivot). I would close the 70% for the position and make this pivot my new stop. Second target is around 6.60$ if it comes to this I would close the remaning 30% (whole of the position left).
Long
by Atlantean_Trade