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POLKADOT trading signal - DOTUSDT

Altcoin Price Signals and Analysis

Good Morning Traders,

Today February 17  Lift-Off confirms a LONG trading signal on the altcoin POLKADOT (DOTUSDT)


POLKADOT against USDT currently quotes  $7.32 per share, marking a +15.71%.

POLKADOT is currently ranks 12th in the classic by capitalization


Below is the chart of DOTUSDT with the signal detected by Lift-Off

signal, POLKADOT, DOTUSDT, DOT, analysis, operation, crypto, altcoin, Lift-Off


Two words about the POLKADOT project:

[...]Polkadot is an open source multichain sharding protocol that facilitates the cross-chain transfer of any type of data or resource, not just tokens, making it possible for a wide range of blockchains to interact.

This interaction seeks to create a fully decentralized and private web, controlled by its users, and simplify the creation of new applications, institutions and services.

The Polkadot protocol connects public and private connections, permissionless networks, oracles and future technologies, enabling these independent blockchains to reliably share information and transactions through the Polkadot chain (explained further below).

Polkadot's native DOT token has three clear purposes: governance and network operations and the creation of particles (parallel chains) through linking.

Polkadot has four basic components:

Transmission chain: the "heart" of Polkadot, which helps create consensus, interoperability, and shared security in the network of different chains;
Parachains: independent chains that can have their own tokens and be optimized for specific uses;
Parathread: similar to parachains but with flexible connectivity based on a pay-as-you-go economic model;
Bridges: allows parachains and parathreads to connect and communicate with external blockchains such as Ethereum.[...]




Signal board February 17, 2022

LONG- Polkadot - DOTUSDT

Input price: $7.32 USDT (or any price if not too far away)