TRENDING:
Oil price
XAU/USD
EUR/USD
GBP/USD
Silver
Sponsored by
|

Polkadot Elliott Wave technical analysis [Video]

Polkadot Elliott Wave technical analysis [Video]
Peter MathersPeter MathersTradingLounge

DOT/USD Elliott Wave technical analysis

Function: Follow Trend

Mode: Motive

Structure: Impulse

Position: Wave ((1))

Direction next higher degrees: Wave I of Impulse

Details: The increase in Wave 1 before the correction in Wave 2.

Polkadot/ US Dollar (DOT/USD) trading strategy: The wave 1 rally seems to be over, so watch out for a wave 2 correction and the price remains in an uptrend and we are looking for a re-trend.

Polkadot/ US Dollar (DOT/USD) technical indicators: The price is above the MA200 indicating an uptrend, The Wave Oscillator is a Bullish Momentum.

DOT

DOT/USD Elliott Wave technical analysis

Function: Follow Trend

Mode: Motive

Structure: Impulse

Position: Wave ((1))

Direction next higher degrees: Wave I of Impulse

Details: The increase in Wave 1 before the correction in Wave 2.

Polkadot/ US Dollar (DOT/USD) trading strategy: The wave 1 rally seems to be over, so watch out for a wave 2 correction and the price remains in an uptrend and we are looking for a re-trend.

Polkadot/ US Dollar (DOT/USD) technical indicators: The price is above the MA200 indicating an uptrend, The Wave Oscillator is a Bullish Momentum.

DOT

Polkadot Elliott Wave technical analysis [Video]

Author

Peter Mathers

Peter Mathers

TradingLounge

Peter Mathers started actively trading in 1982. He began his career at Hoei and Shoin, a Japanese futures trading company.

More from Peter Mathers
Share:

Editor's Picks

XRP Price Forecast: Momentum builds as bulls eye another breakout

XRP Price Forecast: Momentum builds as bulls eye another breakout

Ripple ticks up and trades near $1.60 on Friday, as bulls tighten their grip on the remittance token. This marks the second straight day of gains after XRP gave back some of the gains it accrued earlier this week.

Crypto Today: Bitcoin and Ethereum edge lower, XRP extends recovery as macro headwinds weigh

Crypto Today: Bitcoin and Ethereum edge lower, XRP extends recovery as macro headwinds weigh

The broader cryptocurrency market is consolidating on Friday, with Bitcoin paring losses slightly above $84,000. Ethereum declines in tandem with BTC. Ripple, meanwhile, paints a different picture.

Bitcoin consolidates gains as ETF inflows hit highest level since October 2025

Bitcoin consolidates gains as ETF inflows hit highest level since October 2025

Bitcoin holds above $84,000 on Friday, up over 4% so far this week. US-listed spot ETFs recorded a net inflow of $2.25 billion through Thursday, the highest weekly inflow since October 2025.

Ondo Price Forecast: Ondo rallies on the launch of Intelligent Portfolios with BlackRock

Ondo Price Forecast: Ondo rallies on the launch of Intelligent Portfolios with BlackRock

Ondo price continues to extend its rally above $0.5700 at press time on Friday, following a 26% jump the previous day. The tokenized asset trading platform launched three curated portfolio strategies powered by BlackRock, focused on high income, growth, and diversification.

Bitcoin: BTC consolidates gains as ETF inflows hit highest level since October 2025

Bitcoin: BTC consolidates gains as ETF inflows hit highest level since October 2025

Bitcoin (BTC) price holds above $84,000 at the time of writing on Friday as it consolidates gains of over 4% so far this week. Institutional demand supports the bullish outlook, with spot Exchange Traded Funds (ETFs) recording a net inflow of $2.25 billion through Thursday, pointing to the highest weekly inflow since October 2025.