CHART Analysis On $DOT

#DOT is still encountering hindrance and negative sentiments.

What Next?
Yes a retest may come due to CHoCH, but if the red arch shaded area holds $DOT could flip above the resistance line and the target range could be reached at $6.613. main focus
#DOT_UPDATE

What is wrong with #DOT ? 🤡

Why its not PUMPING? 👽

👉ANSWERED

Here's a breakdown of why Polkadot (DOT) hasn't been surging in price and what the future might hold:

👉Reasons for Slow Price Action:

Broader Market Downturn😵: The entire cryptocurrency market has been in a slump since late 2021. Bitcoin, the bellwether of the market, has seen significant price drops, dragging other coins, including DOT, down with it.

Low Trading Volume🤪: As mentioned earlier, DOT's current trading volume is low. This indicates a lack of strong buying pressure, which is necessary for a significant price increase. Investors might be cautious due to the bear market or waiting for a clearer sign of Polkadot's potential.

Competition🙄: The interoperability space (connecting different blockchains) is getting crowded. Projects like Cosmos (ATOM) and Avalanche (AVAX) are also vying for dominance, making it harder for Polkadot to stand out in the short term.

👉Future Considerations:

Technological Advancements🥳: Polkadot's core technology, allowing for communication between various blockchains, is still under development. Continued development and successful implementation of parachains (customizable blockchains) could attract more users and developers to the ecosystem, boosting the value of DOT.

Market Recovery😇: If the overall cryptocurrency market recovers, DOT is likely to benefit alongside other coins. Positive sentiment across the market could lead to a surge in buying pressure for DOT.

Adoption and Use Cases😍: Real-world adoption and development of use cases for Polkadot will be crucial for its long-term success. If established projects or new innovative applications leverage Polkadot's technology, it could significantly increase demand for DOT.

POLKADOT 2.O is most hyped and we can see price surge once it comes.

Overall, Polka Dot's price might not be pumping currently due to the broader market conditions and competition.

#polkadot2.0 #DOT_UPDATE #BinanceTournament

$DOT
#Dot
#DOT_UPDATE

Market moved as expected and near to Entry Level , i am bullish from 6.03 ,

Stoploss : 5.75
Take Profit 1 : 6.50
Take Profit 2 : 6.95

Good Luck

Note : Never risk more then 5% from your total capital and always trade with Risk Management Rule.

Those who are with me in this trade , Please comment your point of view.

$DOT
#Dotupdate #DOT_UPDATE #DOTPriceAnalysis

Market moves as expected as we discussed in previous posts. My trade trigged from 6.03 and price moved near to my first target level which was 6.50 , but reversed back from 6.48 .

Current markey price is 6.18 and i am still bullish , will remain to my trade plan .

Please have a look at chart pattern for the reference.

Thoese who have not read my previous post , feel free fo explore my profile and have a look at previous posts to encounter the analysis stats.

Follow me for further updates

$DOT

#DOT_UPDATE

Reffering to my previous post ( you can check at my profile ) The price moves lower as expected and i am still looking for the expected price to jump in the trade.

I am planning to long Dot around 6.03 and my first take profit level will be 6.50 and 6.77 in extension.

Stay tuned and follow me for further updates.

$DOT Finally the price is near to its suport level , My entry order already trigged and i am in a trade. Those who missed the trade setup can enter the trade because it is expecting the price could move more lower to touch the support level of #RisingChannel .

If you are viewsing this post , i suggest you to check my profile & have a look at my previous couple of posts to understand the pattern.

My Entry Level is 6.03
Stoploss : 5.78
Take Profit : 6.50

I will close my half position when price hit my first target level and remaining position will be open till the price hit the resistance of Rising Channel , Either it will be 6.79 to 7.00 area

Follow me for further updates

Best Regards
Mati

#DOT_UPDATE

#DOT_UPDATE #Dot

Dot is moving in a #RisingChannel and currently near to its resistance level , i am expecting a little more upword movement and then it could start bearish move towards the channel support which is at 6.03 , i will take a long position from support.

#DOT_UPDATE who else thinks it will go up??????

$DOT is going to the moon dot making a solid bullish Structure If the dot price is 6 buy Dot & hold Do dca at 5.10 the first target 🎯 is 9$ 2nd target 🎯 is 12$
Follow for more updates

$DOT
#Mt_Gox_BTC_Dip #VanEck_SOL_ETFS #DOT_UPDATE #ETH_ETF_Launch_23July #MtGoxJulyRepayments

For education purpose
Dot becoming bullish trader's should check on daily tf📈🚀 #DOT_UPDATE #PolkadotAnalysis #ETH🔥🔥🔥🔥 #DEFİ

$DOT
Go for Shorts. It's gonna be a bearish breakout.
From 6.300 - 5.800 (or even less)

#MarketExperts #Market_Update #DOT_UPDATE #dotcoin #BinanceTurns7

If you are a long holder.Buy $DOT Love for #POLKADOTE #DOT_UPDATE and it gives you a daily profit with doing scalp trade for perpetual/Futur

So these are my limit orders if they didn't get filed 12 pm Tuesday Pakistan Time will cancel them
MY liquidation is not showing because I have funds and I'll DCA them as well That's why I have extra funds
So you have to manage trades by yourself no over leveraging no full investment again I'm saying keep room for DCA
#BTC☀ #ETHETFsApproved #solonapumping #LINK🔥🔥🔥 #DOT_UPDATE

🌟 Your $20 in Polkadot: From Small Seed to a $333 Harvest! 🌟

🚀 Imagine this: In mid-2020, Polkadot $DOT was just sprouting. With $3 per $DOT in August 2020, you invest your $20, snagging about 6.67 DOT. 🚀

💥 Fast forward a year... 💥

Polkadot takes the crypto world by storm, with developers and investors flocking to its innovative platform. By November 2021, one DOT soared to around $50! Your 6.67 DOT? Now worth a whopping $333.5! That’s a dazzling 1567.5% increase! 🌠

📊 This journey showcases the magic of picking the right crypto and timing it well. Yet, remember, while the potential is sky-high, the risks are equally real.

💡 So, why not start your Polkadot adventure today? Dive into DOT on Binance and who knows, your $20 might just be the next big story! 📈💰

Your generous tips $ help us provide top-tier investment advice!

#CryptoInvestment #Polkadot #DOT_UPDATE #Write2Earn! #CryptoSuccess

$DOT 's price is looking pretty decent today, up 7% in the last 24 hours to $6.26. But let's put things into perspective - it's still a whopping 88% down from its all-time high of $53.31, which was way back 2 years and 8 months ago.

I mean, that's a serious drop!

The good news is that DOT has been closing above its opening price about half the time, so it's not all doom and gloom. Still, I'd say the trend is looking pretty bearish. Maybe there are some short-term opportunities for traders, but if you're in it for the long haul, you might want to proceed with caution.DYOR / NFA

#DOT_UPDATE #dotcoin #Write2Earn!

Polkadot $DOT Price Prediction:‼️‼️‼️‼️‼️

- Current price: $6.10
- 24-hour change: +4%
- Historical performance:
- 50.14% of days closed above opening price
- All-time high: $53.31 (2 years 8 months ago)
- Current price is -88.56% below all-time high

Based on this data, it appears that Polkadot's price is currently experiencing a slight increase, but is still significantly lower than its all-time high. If the trend continues as predicted, the price may continue to fluctuate, but it's uncertain whether it will reach its previous high

#DOT_UPDATE #Write2Earn!

🚀💥 Crypto Success Story: Turning $20 into $333.5 with Polkadot (DOT) 💥🚀

🔥 Imagine investing just $20 in Polkadot (DOT) in August 2020, when the price was around $3. You would have bought approximately 6.67 DOT.

🚀 Fast forward to November 2021, Polkadot's price surged to around $50, making your 6.67 $DOT worth a staggering $333.5!

💸 That's a mind-blowing 1567.5% return on investment in just over a year!

📈 This success story highlights the potential of investing in the right cryptocurrency at the right time. However, remember that investing in crypto carries high risks, and results can vary greatly.

💰 But here's the thing: it's never too late to invest in DOT! With its strong technical foundation and innovative solutions, Polkadot continues to attract attention from investors and developers.

🚀 So, are you ready to capitalize on the potential of Polkadot (DOT) and turn your investment into a success story? 📈

Note: I've rephrased the text to make it more attractive and attention-grabbing, using emojis and a more conversational tone. I've also highlighted the key points and added a call-to-action at the end to encourage readers to invest in Polkadot (DOT).
#Write2Earn! #DOT_UPDATE

"Unbelievable Return on Investment: Polkadot (DOT) Success Story

Imagine investing just $20 in Polkadot (DOT) in August 2020 and selling it in November 2021. Your initial investment of $20 would have bought you 6.67 DOT at $3 per coin. As Polkadot's popularity soared due to its innovative technology and solutions, your investment would have grown exponentially. At its peak, your 6.67 DOT would have been worth $333.5, a staggering 1567.5% return!

This success story highlights the potential of making informed investment decisions and the importance of timing in the cryptocurrency market. While investing in cryptocurrencies carries high risks, choosing the right coin and entering the market at the right time can lead to remarkable rewards.

Consider this inspiring story a reminder to stay informed and explore the possibilities of cryptocurrency investing. Who knows what opportunities await you in the world of crypto?"
#DOT_UPDATE
#CPI_BTC_Watch #CPI_BTC_Watch
#BinanceTurns7
#US_Job_Market_Slowdown