Polkadot flips demand zone to resistance, what’s next for DOT on the charts

Disclaimer: The information presented does not constitute financial, investment, trading, or other types of advice and is solely the writer’s opinion The bullish order block was flipped to a bearish breaker The higher timeframe market structure was bearish after the move below $5.73 recently Polkadot fell right beneath the $6.3 region of support on 9 … Read more

NFT Markets Collapse Following The FTX Crash

NFT markets are bleeding badly in the wake of the FTX crash that has seen over $150 billion wiped off the market in a matter of days. FTX was one of the top crypto derivative protocols, but a series of events have put the platform into bankruptcy. To raise liquidity, the platform has been scrambling … Read more

Polkadot: Reasons DOT’s latest dip could turn into a buying opportunity

Disclaimer: The information presented does not constitute financial, investment, trading, or other types of advice and is solely the writer’s opinion Polkadot pulls back to the 78.6% retracement level Two lower timeframe support zones to watch out for in the near-term On lower timeframes, Bitcoin [BTC] had a bearish outlook after its inability to defend … Read more

How Polkadot [DOT] investors can look to buy a dip here

Disclaimer: The findings of the following analysis are the sole opinions of the writer and should not be considered investment advice A rising wedge pattern was spotted for Polkadot Bearish order block heightened the likelihood of a pullback Polkadot [DOT] has seen a strong recovery from the $5.8 zone over the past week. Technical indicators revealed … Read more

Polkadot in a short-term range, but long-term sellers remain strong

Disclaimer: The information presented does not constitute financial, investment, trading, or other types of advice and is solely the writer’s opinion. Polkadot has trended lower on the price charts after the drop below $7.7 A key region of resistance lay above DOT, while bearish targets extend as low as $5 Bitcoin [BTC] had some good … Read more

Why Polkadot intraday traders can look for shorting opportunities

Disclaimer: The findings of the following analysis are the sole opinions of the writer and should not be considered investment advice. USDT Dominance is a metric of the share of the crypto market cap held by USDT. In the past two weeks, this metric was in an uptrend. This showed market participants increasingly choosing to hold … Read more

Will Polkadot [DOT] be subjected to sharp sell-off coming week

Disclaimer: The findings of the following analysis are the sole opinions of the writer and should not be considered investment advice. Bitcoin [BTC] fell by nearly 7% in recent hours of trading and had a bearish short-term outlook yet again. Many altcoins also followed and posted double-digit percentage losses over the previous day of trading alone. … Read more

Top 10 Questions about Crypto and Metaverse Answered

Cryptocurrency is relatively new, and it is already challenging the centuries-old world of traditional finance. Metaverse is a new development that thrives thanks to blockchain, crypto, and NFTs. It is not surprising that after the surge in 2017 and the more recent collapse of the cryptocurrency market, both investors and newbies are asking a lot … Read more

Why DOT bulls should closely monitor this resistance range to remain profitable

Disclaimer: The findings of the following analysis are the sole opinions of the writer and should not be considered investment advice. For over eight months, Polkadot [DOT] has been struggling to bring forth a change in the long-term bearish narrative. The last two weeks, however, have been somewhat hopeful as the alt finds a position … Read more