DOTUSDT-1H-BEARISH TRENDDOTUSDT is making new lower high and lower lows so we are taking instant entry with fibonacci retracement 0.38 where price is got corrected and going bearish
there no clear evidence of bearish diversion
DOTUSDT
DOT/USDT 4HInterval Resistance and SupportHello everyone, let's look at the DOT to USDT chart on a 4-hour time frame. As you can see, the price is moving in the local downtrend channel.
Let's start with the support line and as you can see the first support in the near future is $5.96, if the support is broken then the next support is $5.76.
Now let's move on to the resistance line, as you can see the first resistance is $6.10, if you manage to break it, the next resistance will be $6.22, $6.31 and $6.41.
Looking at the CHOP indicator, we see that there is a lot of energy for a new move, the MACD is on the verge of entering a downtrend, while the RSI shows a definite rebound, which creates room for new price increases.
DOT/USDT (50% PUMP)
Potential 50% move up "if" the orange dotted line is flipped!
we have a descending channel pattern here which is a reversal pattern and a bullish pattern, I have added to my watchlist.
DOT/USDT 4HInterval Resistance and SupportHello everyone, I invite you to review the DOT chart in pair to USDT, on a four-hour interval. First, we will use the yellow line to mark the uptrend line from which the price has gone down, then with the blue lines we will mark the downtrend channel in which the price is moving in the lower range.
Going further, we can move on to marking support areas in a situation where the correction will deepen. Currently, the DOT price has fallen below the strong support at 0.618 FIB and now the first support is at $6.09 and the second support is at $5.92.
Looking the other way, we will start by marking a strong resistance zone from $6.37 to $6.51, when the price goes up from this zone, the next resistance is at $6.62, the third at $6.73, and then the fourth at $6.89.
At this point, it is worth looking at the EMA Cross 10 and 30, as we can see the red EMA Cross 10 curves, while when it crosses the green EMA Cross 30 from above, it will give us confirmation of the return to the downtrend.
As you can see on the CHOP index, we have a lot of energy for further moves, MACD confirms the ongoing local downtrend, while on the RSI we have a rebound and we have gone to the lower part of the range, which gives us room for new increases.
DOTUSDTDOTUSDT viewed as in correction, consider buying, if price stays above 5.07 level, I expect price will have chance to retest 6.13 support, wait to buy red zone, targets 7.21, 7.95, 8.81 and 9.52. >> GooD Luck 😊
DOTUSDT-1H-TREND REVERSALDOTUSDT is breaking trend here just broke rising wedge, there is also diversion on RSI index this might be the sign of bearish trend now own ward
DOT/USDTPolkadat has reached a strong support zone on the DOT/BTC chart.
But it is not in a bad situation on the DOT/USDT chart and it can climb up to the range I specified. However, according to the situation of Bitcoin and the possibility of its correction, as well as observing the divergence in rsi, there is a possibility of correction up to the range of $5.6.
DOT/USDT 4HInterval Resistance and SupportHello everyone, let's look at the DOT to USDT chart on a 4-hour timeframe. As you can see, the price has decisively broken the local downtrend line.
Let's start with the support line and as you can see the first support in the near future is $6.36, if the support is broken then the next support is $6.25, $6.16 and $6.06.
Now let's move to the resistance line, as you can see the first resistance is $6.59, if you manage to break it, the next resistance will be $6.71, $6.80 and $6.90.
Looking at the CHOP indicator, we see that the energy is being consumed, the MACD indicates a local uptrend, while the RSI indicator has touched the upper limit and we immediately see a price correction.
Polkadot Weekly View - March 2023Hello Guys, Weekly Analysis is on the DOTUSDT Symbol in a 1H Time frame, I Hope it Will be Useful for You, Don't Forget to Like, Follow, Comment
✴️ Polkadot Still Early, Can Go Above $25We've been tracking this pair for a while now, DOTUSDT and yet it is still early.
Notice here how the current weekly candle trades below EMA10 and EMA21, this is set to change and we will see the current price action happen above EMA50 and EMA100.
Notice the rising RSI and MACD as well as the reversal candle printed last week.
This is all pointing higher.
Polkadot is still early, many more opportunities showing up each day.
Patience is key and the market pays.
Namaste.
DOTUSDT Elliott Waves AnalysisHello friends.
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Everything on the chart. (update)
Nothing has changed, still waiting for atleast 9-10$ zone.
Entry: market and lower
Targets: 8 - 9.5 - and maybe ~11.5(not sure)
after first target reached move ur stop to breakeven
Stop: ~4.3(depending of ur risk). ALWAYS follow ur RM .
RR: 1 to 4
risk is justified
Good luck everyone!
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It's not financial advice.
Dont Forget, always make your own research before to trade my ideas!
Open to any questions and suggestions.
Polkadot (DOT) Blockchain Infrastructure and Smart ContractsPolkadot (DOT) Blockchain Infrastructure and Smart Contracts: Web3 Foundation and Parity Technologies
➡️ Web3 Foundation web3.foundation , based in Switzerland, is an organization dedicated to promoting Web3 technologies, with Polkadot as its flagship product. Its founder, Gavin Wood, was one of the co-founders of Ethereum and played an important role in developing the leading altcoin, including the widely known Solidity programming language.
➖ In the last four years, Web3 Foundation has granted a total of 480 grants to various projects ( medium.com ). The numbers include 60 grants in 2019, 147 in 2020, 123 in 2021, and 150 in 2022.
➖ Parity Technologies ( www.parity.io ), founded by Gavin Wood, is the company behind Polkadot blockchain. Wood served as CEO of Parity for many years and currently serves as the company's Chief Architect.
➖ Since the launch of parachains in late 2021, Polkadot has become a large and diverse ecosystem with 74 parachains currently active on the network ( polkadot.network ). In total, there are about 550 projects running or in development on Polkadot's technological stack.
➖ Over 200 teams have launched or are creating their own blockchains on the Polkadot network, recognizing that this model better suits their needs.
🎉 Exciting news arrived in November 2022 when Web3 Foundation announced after three years of collaboration with SEC that Polkadot's native token, DOT, has transformed and is no longer considered a security.
Web3 Foundation's Polkadot Reaches New Milestones in 2022: Record Development and Tokenomics Explained 💥🚀
In 2022, the Web3 Foundation grant program reached two important milestones: receiving its 1000th grant application and supporting its 400th project. It's no surprise that Polkadot's development reached record levels in 2022. DOT is the native token of the Polkadot network.
➖ Polkadot has no maximum coin limit (inflationary model), and rewards are distributed through the protocol's staking mechanism.
➖ Currently, there are 1.16 billion DOT tokens in circulation. It is expected that the supply of DOT tokens will reach 1.5 billion by January 2025
➖ Check out the detailed tokenomics ( www.coingecko.com ) and Polkadot's roadmap ( polkadot.network ). Priorities include scalability, inter-parachain communication, Relay Chain management, staking, and bridges to other ecosystems.
💥 In 2022, the project truly showed good development dynamics. However, it's important to keep in mind that Polkadot is still a very young ecosystem (the average parachain has been on the network for only about 6 months). This year, the project team will need to put in a lot of effort to keep up with the race of leading blockchains.🚀
DOT/USDT 4HInterval Resistance and SupportHello everyone, let's look at the DOT to USDT chart on a 4-hour time frame. As you can see, the price is moving below the local downtrend line.
Let's start with the support line and as you can see the first support in the near future is $5.28, if the support is broken then the next support is $5.17 and $5.03.
Now let's move to the resistance line, as you can see the first resistance is $5.38, if you manage to break it, the next resistance will be $5.46, $5.52 and $5.59.
Looking at the CHOP indicator, we see that the energy is gathering strength, the MACD indicates that the price is about to return to a downtrend, while the RSI shows that we are moving at the lower end of the range, which could potentially give a sideways trend or increases.
DOT/USDT 4HInterval Resistance and SupportHello everyone, I invite you to review the DOT chart in pair to USDT, on a four-hour interval. First, we will use the blue lines to mark the downtrend channel in which the price is moving.
Moving on, we can move on to marking support areas when we start a larger correction. As we can see, the price fell below the strong support at 0.618 FIB, and turned back moments before the second very strong support at $5, however when the price drops below the next support is at $4.23.
Looking the other way, we see that the first resistance is at $5.81, when the price breaks it, the second resistance is at $6.20, the third is at $6.52 and the fourth is at $6.85.
Please look at the CHOP index, which indicates that the energy is slowly starting to rise, the MACD indicates a downtrend, however, there is a change in the direction of the blue line, which can give a trend change. On the other hand, on the RSI we touched the lower limit of the range, which gave a visible price rebound.
DOT/USDT Technical Analysis ( Bearish in Short Term )Currently, $DOT is trading at $5.70, indicating a bearish trend in the market.
Based on the chart analysis, it is expected to reach the $5 target in the coming days.
It is essential to keep in mind that the support level for $DOT is at $5.61, and if it breaks, the price may drop below $5.
However, $DOT has strong potential for long-term growth, and investors should try to accumulate it during significant dips in the market.
The following support and resistance levels should be monitored:
Support: $5.61/$5.11
Resistance: $6.15
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#crypto2023 #buildtogether #altcoins #DOT #PolkaDot
POLKADOT - BOTTOM IS IN!From looking at POLKADOT on a high timeframe, we can see that Polkadot has completed wave 2 PERFECTLY and the bottom is in.
We are now looking to ride wave 3, we made one impulse to the upside and now we are correcting that move.
See lower timeframe analysis for the breakdown.
Trade idea:
- Watch for the completion of the current correction
- Enter at the break of wave 2, stops must be below the bottom
- Targets: 14, 24, 54, HODL the rest
Goodluck and as always, trade safe.
#Polkadot Retests Base of Bull Flag, Will DOT Bounce From $5.8?Past Performance of Polkadot
Polkadot is steady at spot rates but remains pinned within a bear range defined by the end of last week's wide-ranging candlestick. The trend will shift unless there is a high volume expansion from spot rates, thrusting the coin above $6.7. Therefore, unless there are changes, how DOT reacts at the $5.8 support would shape the immediate term.
#Polkadot Technical Analysis
From volume analysis, sellers have the upper hand if DOT is within the bear bars of March 3 and 4. The immediate resistance lies at $6.3, while prices must hoover above $5.8 for the uptrend to be valid. The support forms the base of the bull flag following the retracement from February highs at around $7.5. A follow-through confirming losses of early this month might see DOT drop to $5, the 78.6% Fibonacci retracement level of the December to February trade range. Conversely, only gains above $6.3 with rising participation levels might see DOT resume the uptrend, driving the coin back to $6.8 and $7.5, respectively.
What to Expect from #DOT?
DOT is at a critical reaction point as bears retest the base of the bull flag. Any recovery above March 3 highs would be a net positive. However, considering the over 85% from December lows, the odds of a cool-off are amplified. Technically, gains above February highs would invalidate this bearish preview, paving the way for bulls to take control.
Resistance level to watch out for: $6.3
Support level to watch out for: $5.8
Disclaimer: Opinions expressed are not investment advice. Do your research.
DOT/USDT 1HInterval Resistance and SupportHello everyone, let's look at the DOT to USDT chart on a 1-hour time frame. As you can see, the price is close to breaking the local downtrend line.
Let's start with determining the support line and as you can see, it is worth marking the support zone from $5.94 to $5.90 in the first place, if the support is broken then the next support is $5.86 and $5.80.
Now let's move to the resistance line, and here we will also mark the resistance zone from $6.02 to $6.07, when the price breaks this zone it will be able to attack the $6.20 level.
Looking at the CHOP indicator, we see that there is a lot of energy to continue the move, the MACD indicates a local uptrend, while the RSI has a large increase, but there is some room for the continuation of the move.
DOT/USDT Relative Strength Index DOT/ USDT 3h Binance pair Shows Long Position , Because Relative Strength Index reverse after touching 30% lowest bar mostly Time Frames Shows Long Position According to RSI expect of 1day . if you have any other idea about DOT please share your idea.
DOT's Predicted MovementDot is in a Broadening wedge pattern. Now It's at the bottom of the pattern which means there is plenty room for It to Increase further! 7$ is a BIG Resistance Beware of it. DOT can end up around 9$.
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🌍Thank you for seeing idea .
Have a nice day and Good luck
DOTUSDTDOTUSDT 8H
The DOT USDT chart in an 8-hour period continues to indicate the bearish channel. It could break the upward channel and leave this bearish trend, but if it drops from the level of 5,833 then we will have a SHORT TRIGGER, that is a trigger for the shorts.
On the M45 chart, we will see the supports and resistances:
DOTUSDT M45:
S1:6,215
S2: 6,145
R1: 6,331
R2: 6,356
DOT/USDT 4HInterval Resistance and SupportHello everyone, let's look at the DOT to USDT chart on a 4-hour timeframe. As you can see, the price has left the local downtrend channel.
Let's start with the support line and as you can see the first support in the near future is $6.41, if the support is broken then the next support is $6.35 and $6.29.
Now let's move to the resistance line, as you can see the first resistance is $6.50, if you manage to break it, the next resistance will be $6.55, $6.62 and $6.72.
Looking at the CHOP indicator, we see that there is some energy left for further movement, the MACD indicates the maintenance of the local uptrend, while the RSI is moving in the lower part of the range with room for increases.
Possible Accumulation Cylinder Possible Accumulation Cylinder looking at the charts. Its hard to draw precisely so I could be well off! Worth seeing if it plays out though.
