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DOTUSD

📚Learn More💰Earn More - Head and Shoulders in DOTUSD📚 LEARN MORE 💰 EARN MORE With ForecastCity Head and Shoulders Definition: A head and shoulders pattern is also a trend reversal formation. It is formed by a peak (left shoulder), followed by a higher peak (head), and then another lower peak (right shoulder). A “Neckline” is drawn by connecting the lowest points of the two troughs. Neckline support does not need to be strictly horizontal. This illustrates that the upward trend is coming to an end. When a Head and Shoulders formation is seen in an uptrend, it signifies a major reversal. The pattern is confirmed once the price breaches the neckline support In this example, we can easily see the head and shoulders pattern. How to Trade the Head and Shoulders Pattern: ENTRY: we put an entry order below the neckline. TARGET: We can also calculate a target by measuring the highest point of the head to the neckline. This distance is approximately how far the price will move after it breaks the neckline. ❤️ If you find this helpful and want more FREE forecasts in TradingView . . . . . Please show your support back, . . . . . . . . Hit the 👍 LIKE button, . . . . . . . . . . Drop some feedback below in the comment! ❤️ Your support is very much 🙏 appreciated!❤️ 💎 Want us to help you become a better Forex / Crypto trader? Now, It's your turn! Be sure to leave a comment; let us know how you see this opportunity and forecast. Trade well, ❤️ ForecastCity English Support Team ❤️
Education
by ForecastCity
4
I am making a gamble on EdgewareHi folks! Long time no see, as the market has been largely untradeable in my view! Now, I still think the market is in a chop, but it might be tempting to bet some small funds on a bounce these days due to the really fearful sentiment and the very low liquidity in the markets. In that sense, I have researched some potential candidates for long-shot bets, and I believe that the Edgeware project is extremely undervalued from a fundamental standpoint - at least measured in multiples to the crypto market. (Due to its potential both as a general purpose DAO and smart contract platform, its really decentralized community and the fact that it`s built on substrate) In addition, the technicals look really good (Massive bullish divergence, very low liquidity on the downward move, two consecutive buy signals). I am making a punt here, and I just thought I`d share it! DYOR. NFA. Never take the word of others as a given, and never take advise from someone without skin in the game. I wish you all well :)
ELong
by TheDots
1
Analysis Polkadot ( Dot/usdT ) Buy DotIn Open In 3 Step And Hold 3 Month: $ 23.70 $ 17 $ 11 Get Target and Save In 4 Step: $ 32 $ 38 $ 54 $ 80 We can expect Polkadat to reach this price ceiling. Check out Polkadat (DOT) for in-network data: Social Valium Index, which is the measure of social activity of this project, which has been examined in a period of 6 months From the time the price rose, the support on this network also increased to the point where the price could reach its historical ceiling. The social level of this project could also reach its highest level, but when the price decreased, its activity level also decreased. The price reached very strong support and social support started to rise again, which is why the price did not fall further and kept the price in these areas. The next case is social engagement or social interaction, which has the same trend as the Social Valium index, but the point is that before the price reaches its historical ceiling, we see that in this index it has been able to check itself and network interaction. Increase his social status a lot and attract a lot of attention to himself, and after the price dropped and reached his own support area, he was supported and made the price lower. We will examine the next case of visiting the site and during a 6-month return, we checked that at the beginning of this return, the site visitors were seven hundred thousand and it was able to reach two million and four hundred !!! And now the number of visitors is one million and eight hundred thousand. Site traffic by country First place: America 18% Second place: English 4% Third place: Russia 4% Other countries 75% By source: 55% by searching with the words Polkadat or dot or stacking Next rank 25% of visitors who enter the site directly And the rest to enter the site through social networks Data within the .NET network From December 20, we are witnessing an increase in the number of addresses of the holders of this currency code, which has increased by 60,000 thousand holders. Well, this can show us a positive expectation. The number of daily transactions has taken a momentary decline and has reached almost its lowest level in the last 4 months. The next index, the volume of transactions reached 764 million from November 1. It was fluctuating there and reached its price floor on August 23, 2021 If we pay close attention to the volume chart of transactions, it has a relatively upward momentum, so that if the price can maintain this range and the volume of transactions continue to this upward momentum, we can see the possibility of increasing motivation by traders. The next index shows the number of active addresses and the number of new addresses according to the index by falling in this price range if we do not see signs of demand and if the price can not stabilize itself and active and new addresses decrease. That the incentive to demand has decreased and the good result is that the risk scenario for the price will be strengthened and investors will buy in the next rounds. The next indicator of sticking is the amount of dots that are stacked daily. If we are careful, we will see that 2.5 million dots come out of the stick, which means that the dot market is risky and it is a sign that investors are interested in buying at a lower price. But the next indicator is Open Interest.com, which after registering its ATH price, we saw that Open Interest decreased, and considering that the price fluctuates in a support range, Open Interest is almost bloody and indecisive. Shows the trader And we look at the Funding Rate dot index and see that most traders are short or short-term, and it seems that they seem to expect the price to go lower because most of the trades that open are short-term. Fundamentals dot The current market cap is $ 26.330 billion The historic ATH cap was priced at $ 54.98 on November 4, 2021 Field of activity: Smart Contract Platform Maximum token stock: Approximately 1.155 billion Working inventory is approximately 1.076 billion units Listed in many reputable exchanges Polkadat is a smart contract, but its main purpose is to create cooperation between different Chinese blocks, which is the general problem that the Chinese blocks have with each other is that they do not communicate with each other. It has attracted the attention of many.
Long
by DAApex_com
9
Polkadot (DOT) - April 19hello? Traders, welcome. By "following", you can always get new information quickly. Please also click "Like". Have a nice day. ------------------------------------- (DOTUSDT 1W Chart) Resistance: around 19.37 1st support: around 13.64 2nd support: around 9.26 If it rises above 19.37, it is expected to create a new wave. (1D chart) (buy) - After confirming the support in the section 17.69-19.37 - If possible, it's good to see support in 19.37. (Stop Loss) - When it falls below 16.16 (Sell) - When receiving resistance near 25.07 - When resistance is received in the section 33.80-36.76 Several indicators are set in the section 17.69-19.37. As such, I think it is a section that will play the role of support and resistance well. Therefore, it is important to find support or resistance in the 17.69-19.37 section. If it rises above 36.76, we expect a full-fledged uptrend to continue. ------------------------------------------------------------ ----------------------------------------------------- ** All indicators are lagging indicators. Therefore, it is important to be aware that the indicator will move accordingly as price and volume move. However, for the sake of convenience, we are talking in reverse for the interpretation of the indicator. ** The MRHAB-T indicator used in the chart is an indicator of our channel that has not been released yet. ** The OBV indicator was re-created by applying a formula to the DepthHouse Trading indicator, an indicator disclosed by oh92. (Thanks for this.) ** Support or resistance is based on the closing price of the 1D chart. ** All descriptions are for reference only and do not guarantee a profit or loss in investment. (Short-term Stop Loss can be said to be a point where profit and loss can be preserved or additional entry can be made through split trading. It is a short-term investment perspective.) ---------------------------------
by readCrypto
POLKADOT - Buy Zone Approaching - UPDATE 🚀Following on from our last post on Polkadot, we are now running gains of over 25% from our sell zone. We are still in wave C, which is a 5 wave formation. In our last post we identified the completion zone for subwave 4 of Wave C and now we are seeing the 5th and final subwave of wave C. We are looking for Polkadot to move lower to around the 10-11 level where we will be looking for bullish reversal signs. There's a potential 400% that can be made from the next bull run just on Polkadot alone, which is why we're constantly updating this clean setup! Trade Idea: - Hold shorts at breakeven until we reach 14.50 for first targets and 11 for second targets - Watch for bullish price action on lower timeframe We will update Polkadot once we reach our buy zone so we can all get in on the next bullrun 💪🏼 Goodluck and as always, trade safe! See below for our previous Polkadot analysis:
by WicktatorFX
11
Polkadot (DOT) Buy ZonePolkadot (DOT) Buy Zone -------------------- BIAS Mid-Term : Bullish Risk : Medium Polkadot once again on our $17 zone mid-term support and see a drastic short-erm increase in market sentiment and buying intentions. -------------------- $DOT/USDT LONG SETUP Leverage : x3 - x5 Entry Price : 17.4 - 17 TP 1 : 17.65 TP 2 : 18.15 TP 3 : 18.6 TP 4 : 19 TP 5 : 19.35 TP 6 : 19.75 TP 7 : 20.2 TP 8 : 20.55 Stop Loss : 16.5 *Maximum 3% of Portfolio. *Unload 12.5% at each TP. Whenever TP 2 hits, Move stop loss to entry. --------------------
Long
by Zerene
2
DOTUSD H16: 250%+ gains THE BEST Level to BUY/HOLD (SL/TP)(H*S)Why get subbed to me on Tradingview? -TOP author on TradingView -2000+ ideas published -15+ years experience in markets -Professional chart break downs -Supply/Demand Zones -TD9 counts / combo review -Key S/R levels -No junk on my charts -Frequent updates -Covering FX/crypto/US stocks -before/after analysis -24/7 uptime so constant updates 🎁Please hit the like button and 🎁Leave a comment to support our team! DOTUSD H16: 250%+ gains THE BEST Level to BUY/HOLD (SL/TP)(H*S) IMPORTANT NOTE: speculative setup. do your own due dill. use STOP LOSS. don't overleverage. IMPORTANT NOTE: read entire idea before execution. Tagged as BULLISH because I expect reversal after pullback. 🔸 Summary and potential trade setup ::: DOTUSD 16hour chart review ::: chart looks good /strong ::: speculative H*S in progress ::: expect mild PULLBACK 13/14 USD ::: setup still valid as of right now ::: final PUMP likely to print RS ::: risk/reward shifts in BULLS favor ::: near 13/14 USD so BULLS buy low ::: recommend to buy low after pullback ::: i.e. FAKE BREAKDOWN of key S/R ::: best reload bulls near 14USD later ::: expecting 250% bull run ::: re-test of sliding S/R line ::: near 45 USD later ::: BULLS stay out be ready later ::: expecting short-term correction ::: BULLS get ready to BUY after CORRECTION ::: TP bulls is +250% gains later ::: expecting decent gains soon ::: 20-25% PULLBACK short-term ::: recommended strategy: BUY/HOLD after CORRECTION ::: TP BULLS +250% gains / 45 USD ::: BEST reload BULLS near 14 USD ::: TP BULLS is 45 USD final EXIT ::: SWING TRADE: BUY/HOLD IT ::: bull run not over yet ::: good luck traders! ::: BUY/HOLD and get paid. period. 🔸 Supply/Demand Zones ::: N/A ::: N/A 🔸 Other noteworthy technicals/fundies ::: TD9 /Combo update: N/A ::: Sentiment mid-term: BULLS ::: Sentiment short-term: BEARS/PULLBACK RISK DISCLAIMER: Trading Crypto, Futures , Forex, CFDs and Stocks involves a risk of loss. Please consider carefully if such trading is appropriate for you. Past performance is not indicative of future results. Always limit your leverage and use tight stop loss.
Long
by ProjectSyndicate
31
DOT - Short it! Here is why 👀- Market is bearish - We are in a short trend - The level is clearly seen - There has been false breakdown - Instrument did breakout but there no acceleration - 5th touch - ATR 40 - Under VWAP What do you think of this idea? What is your opinion? Share it in the comments📄🖌 If you like the idea, please give it a like. This is the best "Thank you!" for the author 😊 P.S. Always do your own analysis before a trade. Put a stop loss. Fix profit in parts. Withdraw profits in fiat and reward yourself and your loved ones
BINANCE:DOTUSDShort
by Artem_Dishel
DOT (Polkadot) Coin {Market Cap} Analysis 10/04/2022Fundamental Analysis: Polkadot is an open-source sharded multichain protocol that connects and secures a network of specialized blockchains, facilitating cross-chain transfer of any data or asset types, not just tokens, thereby allowing blockchains to be interoperable with each other. Polkadot was designed to provide a foundation for a decentralized internet of blockchains, also known as Web3. Polkadot is known as a layer-0 metaprotocol because it underlies and describes a format for a network of layer 1 blockchains known as parachains (parallel chains). As a metaprotocol, Polkadot is also capable of autonomously and forklessly updating its own codebase via on-chain governance according to the will of its token holder community. Polkadot provides a foundation to support a decentralized web, controlled by its users, and to simplify the creation of new applications, institutions and services. The Polkadot protocol can connect public and private chains, permissionless networks, oracles and future technologies, allowing these independent blockchains to trustlessly share information and transactions through the Polkadot Relay Chain. Polkadot’s native DOT token serves three clear purposes: staking for operations and security, facilitating network governance, bonding tokens to connect parachains . Polkadot has four core components: Relay Chain: Polkadot’s “heart,” helping to create consensus, interoperability and shared security across the network of different chains; Parachains: independent chains that can have their own tokens and be optimized for specific use cases; Parathreads: similar to parachains but with flexible connectivity based on an economical pay-as-you-go model; Bridges: allow parachains and parathreads to connect and communicate with external blockchains like Ethereum. Following the network’s redenomination after a referendum on Polkadot, DOT balances increased by 100, so one old DOT was equivalent to 100 new DOT. This meant that the initial maximum supply of 10 million old DOT in August 2020 became 1 billion new DOT tokens. The redenomination was undertaken purely to avoid the use of small decimals and make calculation easier. While all balances were increased by a factor of one hundred, this did not impact the distribution of DOT or holders’ proportional share. Polkadot’s first initial coin offering (ICO) was held in October 2017, and the Polkadot price was $0.29, with 2.24 million tokens offered. The second ICO was held in July 2020, and the Polkadot price offered was $1.25, and 342,080 DOT tokens were sold. The current CoinMarketCap ranking is #12, with a live market cap of $19,263,288,614 USD. It has a circulating supply of 987,579,315 DOT coins and the max. supply is not available. Technical Analysis: Looking at the Market Value and Fluctuation Patterns in historical data of the Asset from Jan 2021, we can see there has been a completed Cycle with ATH: 47B$ , thus retracement to 10B$, followed by 3 Months of Re-Acumulation Phase till End July 2021, which developed the New Cycle with its New ATH of Approx. 55B$, followed by Market Cap Correction to 14B$ which is Below the 61.8% level of Fibonacci retracement of 0 to the Latest ATH (55B$). this means the Capital has Been accumulatiing since its retracement for its 3th cycle which can have the new ATH of 160B$. There exist the Hidden Bullish Divergence of Market Cap Value and MACD at the 4 Hours Time Frame , which is the very Significant sign of Bullish Trend Continuation which eventually Start the new Bullish cycles. As the Capital Accumulation Start its Bullish trend From these kind of Discounted Zones such as Fib 61.8 or lower , we can Rationally expect the ATH to be easily Achievable and ultimately developing the new cycle thus new ATH. There are Total of 3 Targets defined by the Average Confluences of the Fibonacci Expansion and Fibonacci Trend Base Extension. these confluences Points can even be counted as the Major Pivot Points . The 3 TP gets its confirmation as the Bullish trend Triggers the 2 TP followed by some Market Cap correction and Reaccumulating. on its Up Formation rally.
CRYPTOCAP:DOTLong
by BitonGroup
2
DOT Analysis 09/03/2021we have achieved our Past Specified Targets and now Updating the Idea and Taking New Positions as you can see the price has done its accumulation phases in 2 zones and triggered our past TPs with a sharp Impulsive wave and consolidating above our 3 TP, it will started its Rally after some consolidation as we can see there exist a Hidden Bullish Divergence with MACD Histogram, which is the sign of trend continuation. there total of 3 New Targets specified where as the 3TP will gets its confirmation if the Price Triggers and Correct the 2 TP which is the extension zone of Fibonacci Projection of the Previews impulsive wave.
Long
by BitonGroup
8
DOT (Polkadot) Coin Analysis 10/04/2022Fundamental Analysis: Polkadot is an open-source sharded multichain protocol that connects and secures a network of specialized blockchains, facilitating cross-chain transfer of any data or asset types, not just tokens, thereby allowing blockchains to be interoperable with each other. Polkadot was designed to provide a foundation for a decentralized internet of blockchains, also known as Web3. Polkadot is known as a layer-0 metaprotocol because it underlies and describes a format for a network of layer 1 blockchains known as parachains (parallel chains). As a metaprotocol, Polkadot is also capable of autonomously and forklessly updating its own codebase via on-chain governance according to the will of its token holder community. Polkadot provides a foundation to support a decentralized web, controlled by its users, and to simplify the creation of new applications, institutions and services. The Polkadot protocol can connect public and private chains, permission-less networks, oracles and future technologies, allowing these independent blockchains to trustlessly share information and transactions through the Polkadot Relay Chain. Polkadot’s native DOT token serves three clear purposes: staking for operations and security, facilitating network governance, bonding tokens to connect parachains. Polkadot has four core components: 1. Relay Chain: Polkadot’s “heart,” helping to create consensus, interoperability and shared security across the network of different chains; 2. Parachains: independent chains that can have their own tokens and be optimized for specific use cases; 3. Parathreads: similar to parachains but with flexible connectivity based on an economical pay-as-you-go model; 4. Bridges: allow parachains and parathreads to connect and communicate with external blockchains like Ethereum. Polkadot is a sharded multichain network, meaning it can process many transactions on several chains in parallel (“parachains”). This parallel processing power improves scalability. Custom blockchains are quick and easy to develop using the Substrate framework and Substrate blockchains are designed to be easy to connect to Polkadot's network. The network is also highly flexible and adaptive, allowing the sharing of information and functionality between participants. Polkadot can be automatically upgraded without the need for a fork in order to implement new features or remove bugs. The network has a highly sophisticated user-driven governance system where all token holders have a vote in how the network is run. Teams can customize their own blockchain’s governance on Polkadot based on their needs and evolving conditions. Nominators, validators, and collators all fulfil various duties to help secure and maintain the network and eradicate bad behavior. At the end of 2021, Polkadot successfully concluded its first Parachain auctions. The Parachain auctions followed an un-permissioned candle auction system. The winning bid is the highest bid at the random moment the auction ends. Polkadot assigned the first five slots to the following auction winners: Acala, Moonbeam, Astar, Parallel and Clover. These projects will have their parachain slots locked in for 96 weeks, guaranteed by the DOT bidders committed as collateral. As customary on Polkadot, all projects had previously been battle-tested on its de-facto testnet Kusama. The network uses an NPoS (nominated proof-of-stake) mechanism with validators and nominators. Nominators back validators with their tokens. These staked tokens maximize chain security by making it prohibitively expensive to misbehave. Validators are staked on the Relay Chain and confirm transactions coming from the different parachains. This unique validity scheme enables chains to interact with each other securely under the same rules, yet remain independently governed. Polkadot is the flagship protocol of Web3 Foundation, a Swiss Foundation with a mission to facilitate an open-source, fully functional and user-friendly decentralized web. Polkadot’s founders are Dr. Gavin Wood, Robert Habermeier and Peter Czaban. Wood, Web3 Foundation’s president, is the most well-known of the trio thanks to his industry influence as Ethereum co-founder, Parity Technologies founder and the creator of the smart contract coding language Solidity. Wood is also credited with coining the term Web3. Habermeier is a Thiel Fellow and accomplished blockchain and cryptography researcher and developer. Czaban is the former Technology Director at Web3 Foundation, with a wealth of experience across highly specialized fintech industries. Following the network’s redenomination after a referendum on Polkadot, DOT balances increased by 100, so one old DOT was equivalent to 100 new DOT. This meant that the initial maximum supply of 10 million old DOT in August 2020 became 1 billion new DOT tokens. The redenomination was undertaken purely to avoid the use of small decimals and make calculation easier. While all balances were increased by a factor of one hundred, this did not impact the distribution of DOT or holders’ proportional share. Polkadot’s first initial coin offering (ICO) was held in October 2017, and the Polkadot price was $0.29, with 2.24 million tokens offered. The second ICO was held in July 2020, and the Polkadot price offered was $1.25, and 342,080 DOT tokens were sold. The current CoinMarketCap ranking is #12, with a live market cap of $19,263,288,614 USD. It has a circulating supply of 987,579,315 DOT coins and the max. supply is not available. DOT Market Capitalization Analysis: Technical Analysis: There exist Bullish Divergence of Price Value and MACD on 4 Hours Time Frame, which is the sign of bearish trend reversal and start of the new Bullish trend which may lead to the new Economical Cycle. The bullish Trend has already Started and we can notice the Strength. There are Total of 3 Targets defined by the Average Confluences of the Fibonacci Expansion and Fibonacci Trend Base Extension. these confluences Points can even be counted as the Major Pivot Points. The 3 TP gets its confirmation as the Bullish trend Triggers the 2 TP followed by some Price correction and Reaccumulation. on its Up Formation rally. Currently the Price Value is below 61.8% Fibonacci Retracement level from its ATH of 55$; it means that, it is in the undervalue Level and counted as Discounted Asset Price. The Fibonacci Tools have been Drawn From 0$ to the ATH (55$), so the Specified Levels are well Defined and Proved. The Asset is at the Accumulation Level Currently, which means soon the smart money will Flow in it and the Price Value will get Pump and Appreciates. Probably we may not again see this 78.6% Fibonacci Retracement Level or bellow in the current cycle though there are some minimal chances of Price falls to the 85% of its ATH Support area, which may Pivot the Price Fall and start the new cycle. Our Past Analysis: Initial Asset Acquisition:
Long
by BitonGroup