🔥POLKADOT: PULLBACK TO ACCUMULATE THE POWER BEFORE PUMP🔥Hi, friends! The US Department of Justice announced today that it will take international action regarding cryptocurrencies. A lot of liquidity starts to flow into the market. Retailers start to sell their crypto on this FUD.
According to this, I make a fresh update for Polkadot. Now DOT is testing $5.73 key level which is really important support. If the price will close below this level, the road to $5.25-5.42 value area will be opened, which is also strong support.
If we close above this level, it will be good entry point with short sl below the lows.
📊 TRADING PLAN FOR DOT:
🔥 test the $5.73 key level as the support or the false breakout of this level soon
🔥 large buy orders on DOM and Footprint scalping tools which help me to identify the whale's purchases
🔥 bullish BTC
🚩 Traders, if the price reaches the $5.25-5.42 value area and successfully tests it as the support, it will be a nice chance to open a trade. In this case, the price will cool down and be ready to reach new highs.
✅ THE MAIN TARGETS FOR DOT:
1. $6.5 - the key level and local highs
2. $7.4 - the key level
3. $8 - the key level and even number
Friends, do you believe in DOT and KSM in this bull market or its already a coin with a huge cap and no growth potential? Write your thoughts in the comments!
💻Friends, press the "boost"🚀 button, write comments and share with your friends - it will be the best THANK YOU.
P.S. Personally, I open an entry if the price shows it according to my strategy.
Always do your analysis before making a trade.
Polkadot
DOTETH - Small Consolidation Followed by 15% GainsWe've got a breakout of channel with Polkadot here, not only a channel break, but the price is currently just above a recent SR level and we've got a Buy signal from Crypto Tipster v2 - all of these Bullish signals indicate a rise could be on the table!
We'd be expecting a temporary consolidation of price before experiencing a 15% rise to what has been a nice settlement area for the price historically. That's our target.
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DOT - Shift In Momentum In The Making! 🍰Hello TradingView Family / Fellow Traders. This is Richard, also known as theSignalyst.
As per my last analysis, DOT rejected the support zone 5.0 and the bulls took over short-term by breaking above the orange zone.
What Next?
🏹 For the bulls to remain in control, we need a Daily Candle Close above 7.53 in gray (inverse head and shoulders neckline)
And then for the bulls to take over long-term, we need a break above the entire weekly range, above 10.5
Of course, if DOT retests the 5.0 support zone, we will be looking for short-term buy setups again.
📚 Always follow your trading plan regarding entry, risk management, and trade management.
Good luck!
All Strategies Are Good; If Managed Properly!
~Rich
Polkadot continues ripping?Trying out a new indicator, my orders hit at 7.25, unexpected pullback would be to 6.9 area, dont expect it to be honest, Dot looks ready to rip even harder and possibly faster.
Not ruling out another touch to $6.00 but longer term time frame the accumulation has been steady and nothing to crazy, we know how crazy crypto pumps can be.
I think staking coins move different than most of the market, still working on my idea about that. Slower but steadier and pump hard when least expected. TBT
what i see happening till next week is what I have here on the chart.
$8 range is confirmed by the Smart Money indicatorThere is further upside potential for Polkadot up to the $8.5 resistance range. Of course, this price increase will take more time because a minor resistance in the range of 7.7 to 8 dollars is standing in the way of the upward trend.
In the 4-hour time frame, we see the upward trend of DOT again.
The resistance of the $8 range is confirmed by the Smart Money indicator, which is an important range.
✴️ Polkadot Update | 3 Months High + Targets ($15 Next)Polkadot produced a bullish breakout yesterday and hit its highest level in 3 months, since early November.
While this is good, this move only confirms MA200 being conquered as resistance.
Still early when it comes to the major bullish wave, DOTUSDT has more to give and can move to $9 within weeks or days.
Additional growth is possible in the coming months, highly probable, with $12 being one of the main targets and even $15 is on the cards and more.
Namaste.
DOT continuing to show StrengthDOT, one of my favorite coins abd Long Term Hold, has pushed up 71% since January, in the high % of Coins going over the Bitcoin 41%
Appears to be getting support off MA and in fact, Support is Strong on such a good and Long lasting project.
Though we may see things cooling off as we just got rejected off Top trendline.
But sepending on how Bullih the market becomes, With Old School traders coming into the Crypto space now, Adoption is escalating fast, thohg some of the older School people still don't like the "New Kid on the block"...
But change is a part of life.
Get Used to it....
DOT - more gains ahead!Hello, traders!
As you know I expect Bitcoin a little bit higher. Anyway it should break through the $25200 resistance. At the same time DOTUSDT can show us the fantastic pump in the upcoming days.
On the 1D chart BINANCE:DOTUSDT chart we can notice that the trendline resistance was broken without retest. Moreover price formed the range and made a deviation below. Therefore, there is the high probability that PolkaDot will make the same deviation above. It would be logically also because of the ton of liquidity on this way. After that it is going to be difficult to pump, thus I expect the retest of the trendline and the bottom for this asset next to $3 .
Best regards, Ivan
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DOTUSD Roadmap to $19.50 - 24.00DOTUSD/ Polkadot hit the 7.40 Resistance A, filling the gap of November 7th. We are about to form a 1day Golden Cross and the next MA Resistance is the 1W MA50 but the gap to fill is on Resistance B at 9.70. We can see a strong bullish wave in the next two months with the 1day MA50 supporting. If Resistance C breaks, a huge bullish leg is expected within 19.50 and 24.00.
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DOTUSDTDOTUSDT – 4H
Polkadot's main feature is its ability to connect multiple blockchains into a single network, allowing them to communicate and share data with each other. This is achieved through the use of a unique technology called the Polkadot Relay Chain, which serves as a hub to connect multiple "Parachains" (parallel blockchains) to the Polkadot ecosystem.
At 4 o'clock it has just broken the upper line of the Keltner channel and is currently at the fibo resistance at 7,366. The support line in the near future is $6,627 which would be the median of the channel, if the support is broken, the next support is $6,022
RSI has approached the upper end of the range, which may give a slight pullback in price (not necessarily, by itself it doesn't mean anything)
Here are the supports and resistances in the 4H:
Key Support Levels: 6,627 / 6,022
Key Resistance Levels: 7,451 / 8,022
Polkadot ($DOT) - Directional Control Polkadot ($DOT) - will short if we get this setup. Break of wedge, w/ bearish retest and back down to green demand level.
Directional control point below in red, bullish above that on a macro scale.
-> loss of wedge
-> loss of trend
-> rejected at resistance
-> green support on LTF below
-> must hold directional control point to remain macro bullish
Cheers
Significance of the 9.262-10.131 sectionHello?
Traders, welcome.
If you "Follow", you can always get new information quickly.
Please also click "Boost".
Have a good day.
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(DOTBTC 1W chart)
The question is whether it can break out of the downtrend channel and rise above 0.0003 911.
Therefore, it must rise above 0.0003 911 to gain or dissipate the rising force.
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(DOTUSDT 1W Chart)
The question is whether it can break out of the downtrend channel and rise above 7.530.
If not, you should check for support around 5.192.
(1D chart)
The downtrend line passing through the top is not yet accurate.
Therefore, the downtrend line is valid only when the candlestick closes with a lower candlestick this week.
In any case, it is important to see if the price can sustain itself by moving higher above the 6.208-6.440 zone.
If not, it is expected to fall below 5.674.
Depending on the movement of BTC, it is expected to touch the circle section marked on the chart.
From a mid- to long-term perspective, the important section is the 9.262-10.131 section.
If the price holds above this zone, it is expected that the mid- to long-term uptrend will begin.
DOT is one of the coins expanding the coin ecosystem.
Therefore, it is one of the coins that can be invested in from a mid- to long-term perspective.
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** All descriptions are for reference only and do not guarantee profit or loss in investment.
** If you share this chart, you can use the indicators normally.
** The MRHAB-T indicator includes indicators that indicate points of support and resistance.
** Check the formulas for the MS-Signal, HA-Low, and HA-High indicators at ().
(Short-term Stop Loss can be said to be a point where profit or loss can be preserved or additional entry can be made by split trading. This is a short-term investment perspective.)
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✴️ Polkadot 5X Lev. (500%+ Potential)Normally we do 8-10X but since the initial breakout already took place we lower the lev.
Instead of missing the opportunity all-together, we just lower the leverage and this way we can still jump in.
We like to get the support level, the bottom... Once it starts moving we like it less but still people demand the numbers and so we comply and do our best.
Keep in mind that there is a high probability of losing money in this or any trade... Be aware of the risks involved, if in doubt, skip... Leave and comeback when you feel certain.
Knowledge can help you clear any doubts.
Deep breathing and relaxation can help you make the right choices.
Always be certain yourself before taking any trades or decision.
Never hurry... If for whatever reason at any time you think that you have to "act fast", then that's the signal to slow down.
Opportunities are endless.
When one door closes, 1,000,000 doors open.
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LONG DOTUSDT
Leverage: 5X
Buy-in: $5.250 - $5.850
Targets:
1) $6.500
2) $7.100
3) $8.200
4) $8.900
5) $10.10
6) $12.00
Stop-loss: Close daily below $4.950
Liq. price: $4.678
Potential profits: 540%
Capital allocation: 3%
----
This is not financial advice.
Leveraged trading is ultra-high risk and for experts only.
Liquidation can result in all funds lost.
We wish you the best, now and always.
We wish serenity, tranquility, prosperity and success.
Patience is key.
Consistency and persistence will produce the desired results.
Energy in, energy out.
Take your time... Put your energy into it, dedicate time into it and it will give you back whatever you gave in... Multiplied by 10 of course.
Look at my work for example... I work very hard, I am always rewarded with your amazing and continued support.
Thank you my friend.
Namaste.
DOTUSDT 4HDOT is holding steady above the MM200 which is proving to be a powerful support, this is a positive sign as the buyers have not allowed the price to drop below the support line.
In a bearish scenario, DOT would break through the bullish channel, enter a corrective phase and move towards MM200. Already in a scenario where buyers are in power, DOT can transit through the channel and break it up to the level of 7,653, which is the most likely since Polkadot is super undervalued and its potential is enormous since it has the highest input of programming codes.
Here are the supports and resistances in the 4H:
Major support levels: 6,791 / 6,497 / 5,827
Main Resistance Levels: 7,120 / 7,414 / 7,619
DOTUSD - A Quick 10% Gain After Breaking Trend LinePolkadot seems to have just broken through that long descending trend line after testing this line a few times historically. There's a good area for the price to head to of recent consolidation so we'll be aiming for around 10% gains to reach the bottom edge of this area after a Buy signal from Crypto Tipster v2.
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