This Is Going To Make Or Break #Polkadot… Most IMPORTANT Levels To Watch for #DOT

What's up everybody, welcome back to The Art Of Crypto, the birthplace of absolutely legendary gains. In this video, we are going to take a look at Polkadot. This is just going to hopefully be a quick update and figure out exactly if Polkadot is going to start pumping or is it going to start dumping. And if it does dump, where is Polkadot going to find the bottom at? And if you don't believe me, this is something that I do a lot on my channel where I predict the exact bottom before it happens. For example, yesterday I predicted the Bitcoin bottom at about $56,800, and that is indeed the exact bottom that we got. But immediately before I dive right into it, if you haven't already followed me at _TheArtOfCrypto on Twitter, you're going to want to do so. I am thinking about reopening the monthly subscription for the private Discord group. So if you are interested in joining the private Discord group on a monthly subscription, you are going to want to follow me on Twitter because I will be posting the link to sign up on monthly on Twitter and only on Twitter. So make sure you drop me a follow as well as you are going to get access to market updates as well as, and like basically in real time, basically during the entire dip that was happening yesterday, I was updating people, hey, what's going on? What's going on here? What to expect? And if that's something you're interested in, you have to follow me on Twitter at _theartofcrypto. And now let's dive into Polkadot. So immediately the prospects of Polkadot looking bullish is looking kind of bleak. However, Something to note is that once I remove all the hidden lines, you can see that Polkadot actually found support at this previous high right here, which is something that I marked out and I probably would have called in a previous video of mine. If you were watching any of my previous videos, I would have already mentioned that this block right here is going to be extremely strong support for Polkadot in the event that we do get there. And if you did take my advice, congratulations, you would have caught very near, like very close to the exact bottom, and If that is you, congratulations. But otherwise, let's figure out exactly where Polkadot is going to go next. So right now, I'm going to set my eyes on this level right here at 43.3. Now, at the moment, we have just formed a swing high over here, and a swing high is basically just any candle where the top of the candle is like taller than the 2 candles right next to it, right? Unless Polkadot pumps above 43.29 today, it's unlikely that this is going to stop being the swing high. So So absolutely pay attention to this level right here because the reason why you want to pay attention to that level is because once you break above that level, it indicates that order flow might be switching to bullish already. So basically the bullish scenario is you want to see a break above $43.3 for Polkadot. If you haven't— if you have not broken above that level, then you are not exactly bullish yet. Granted, you can try to snipe the bottoms, which is always a good thing to do because trading is just, you know, buying low and selling high. But if you are a breakout trader or a momentum trader or whatever, like a short-term, you know, day trader or whatever, then you're going to want to wait for this level to be broken before you dive into any positions. Now similarly, there's going to be another level that you're going to want to pay attention to as well, and that is going to be at about 44.8. So what is at 44.8 is what you call a bearish order block, and it's basically just the last bullish candle before a massive move downwards, as you can see right there. Now granted, this is all happening on the daily chart, so this is going to be very very— it's going to be a very strong level to pay attention to in the event that, you know, you, you get it. So once Polkadot reaches $44.8, expect some kind of rejection before— like, if it's bullish, right? If order flow is bullish, which, you know, if it does reach this level, it means that it's violated or attacked that previous swing high, which means that order flow is bullish. So you want to look for a higher low formation before an eventual move upwards to fill in this gap of liquidity right here, which is going to come in at about $51.3. So as long as Polkadot is, you know, following what the market makers want, then there is a very good chance then we are going to hit 51.3. But in the event that you don't— in fact, yeah, look at this right here, 51.3 lines up exactly with these Fib levels. And like, this is not something that you can make up, right? Order blocks always go like very close to a Fib level. And you know, the market makers intentionally do it this way because order blocks, again, is, you know, the area where they like to fill their orders, and it's untapped areas of liquidity. So Currently, the bullish level to watch for Polkadot to be bullish is going to be $43.39. And if you want to take a short, you can take it at about $44.80 with a stop loss set preferably like above this order block right here. Because if you do break above this bearish order block, then you would have violated the next swing high right here, which is this candle right here over at $47.85. So if I was taking a trade on a short, I would probably place a short order at about $44.80 as well as $45.75, right? $45.7. Sorry, $45.6. Yeah, $45.6 and $44.8. And then I will set my stop loss above this swing high right here at about $48, because you know that once you violate that, if you really do attack this swing high and this swing high over here, then 100% you are bullish, and that's why you just take a loss on your short. And if you don't, you know, violate this swing high, which means you're bearish, you are still bearish, then you can take advantage of some kind of retracement back down to, I would assume, somewhere about $42.8, right? So that's going to be your take profit level. So in the bullish scenario, it's going to look something like this, right, before you violate that swing low over there and preferably go to this level right here at about $49. So that is what I'm looking at for Polkadot, and this will line up with the Fib levels as well. And that is going to be your bullish scenario. So I've just given you a couple of trades. Again, once you get retraced back over here, you can look for a bullish trade, right? You can look for a long at this block right here. And again, this is all utilizing market maker concepts and institutional trading, which is something that I talk about a lot. If you want to learn more about these institutional trading concepts, you know, not only can you join the private Discord group, but I have already posted many videos about how to use order blocks, how to identify them, and how to most importantly identify when the market is switching to bullish. And I just want to point out something here: LRC is still looking incredibly strong during this dump. So who knows, is LRC going to go to $4.3? Hopefully. I still have a little moon bag and Congratulations to everyone who was in with me on LRC. I did call it on YouTube and we did get a 10x. In fact, on LRC, I did predict the exact top as well. I posted on Twitter— again, this is not on YouTube— I posted it on Twitter that I had taken profit at $3.6 and look at that, right? It's very close to the top. So congratulations to everyone who is following me on Twitter as well as, you know, going into that trade with me. So for now, Polkadot, Once you take the short, you're going to want to take your profit somewhere between this block right here, and that is, in my opinion, going to come in somewhere about $42.8. And once you do take your profit there, then absolutely you can start going long. As long as Bitcoin doesn't start dumping, then that is— this is going to be very close to the exact bottom for Polkadot. And, you know, we might go target new all-time highs, but that is going to be the bullish scenario. And as you know, in our channel, we are grand strategists. We rarely focus or get overly biased towards any given direction. So we want to figure out the bearish scenario, right? What if we continue dumping from here? Where is going to be, you know, the bottom? And in my opinion, it is going to come somewhere between $33 and $32. So not only is this a very key level of support on the daily chart, okay, this is happening on the daily chart, but we do have, you know, it's, it's just, it's just a lot of support. What, what, what else can I say? If if you were to use order blocks for this trade, then this would indeed have been the bottom. And in my opinion, it's very close to the bottom. So in fact, you could look for a long somewhere between you know thirty-five dollars, thirty-six dollars point four, thirty-six point like just any five of these levels is going to likely be the bottom for Polkadot, right? If you do get Polkadot at any of these levels, then it is very likely going to be the bottom. And this is the kind of formation that is probably going to form. Now the reason why I state that these five levels are going to be very close to the bottom is. Just due to the fact that these are very strong order blocks. And if I were to bring up the VPVR indicator— let me see if I can find it. I haven't been using indicators for a very long time already. So if you just bring up the VPVR indicator and you zoom out a little bit, you can see just how much support you get at these 5 levels over here. In fact, 4 levels, right? Once you break below $33, then it doesn't count anymore. So definitely, if you had perhaps $1,000 to play with, I would definitely dollar-cost average, you know, in between these 4 levels. Again, you really do not want to jump into your full position like immediately at once because that's just not something that smart traders do. They always dollar-cost average because while I can give you probable bottoms, even I like to dollar-cost average because I don't want to take my chances, right? So if I had perhaps $1,000 to play with, I would go in with maybe $200 here, $200 here, $400 here, and sorry, $200, $200, $300, and you know, the rest like $400, right? Something like that, just as an example. Although If God forbid Polkadot does break below all of these levels right here, like if, like if it really does break below all of these levels right here, again, you never know what can happen in the crypto markets, right? It's volatile, it's crypto, and it's crypto for a reason. So if all of our previous assumptions are broken, then you are going to want to look for $28.5. I do believe that this will be the exact bottom for Polkadot if we do get there. And this is going to be like an area where after you buy, you can just set and forget it for a couple of months and it should Not go back to that this level right here. This is in my humble opinion, and this is something that I will be you know this is the bias that I'm going with. Not saying that we are going to get this level, but if you do get this level, then it is indeed going to be the exact bottom in my humble opinion. So then right now you might be asking, hey, what about the all-time high take profit levels for Polkadot? Like where is going to be the exact top for Polkadot? And you can see that you know what I'm going to do here is I'm going to draw a fib from that swing toe. Sorry. That swing high over here to that swing low over there. So what you can see is that indeed, like, the top for Polkadot is actually falling somewhere. Like, it— like, you can't make this stuff up, right? This is something that everybody uses, and I highly suggest you learn how to use this and apply it to your trading as well because it's really, really useful. It will tell you the exact top months before it actually happens. Like, it would have told you the exact top, you know, back in July basically. And again, if this is something you want to learn, you know, tons of YouTube channels cover it. Or if you want to learn, you know, from my private Discord group, you can do so as well. I do teach, you know, just trading stuff in general on the private Discord group. 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