POLKADOT - DOT/USD - 1H - Technical analysis published on 06/12/2023 (GMT)
- 161
- 0
- Timeframe : 1H
- - Analysis generated on
- Status : NEUTRAL
Analysis too old. There are no more charts available.
Summary of the analysis
Trends
Short term:
Neutral
Underlying:
Slightly bearish
Technical indicators
44%
22%
33%
My opinion
Neutral between 4.18 USD and 4.71 USD
My targets
-
My analysis
The neutral short-term trend shows a weakening of the basic, slightly bearish trend on POLKADOT - DOT/USD. It is difficult to advise a trading direction under these conditions. The first support is located at 4.18 USD. The first resistance is located at 4.71 USD. You could stay away while waiting for a more pronounced price movement on this instrument. A new analysis could then be produced that would give clearer signals.
In the very short term, the neutral opinion of this analysis is confirmed by technical indicators which are also neutral.
Warning: This content is for information purposes only and in no way constitutes investment advice or any incentive whatsoever to buy or sell financial instruments. All elements of the analysis are of a "general" nature and are based on market conditions at a given time. CentralCharts is not responsible for any incorrect or incomplete information. Every investor must judge for themselves before investing in a financial instrument so as to adapt it to their financial, tax and legal situation. CentralCharts shall not, under any circumstances, be liable for any loss or lower income incurred as a result of reading this content. Trading in financial instruments is random and any investment may expose you to risks of loss greater than deposits and is only suitable for sophisticated investors with the financial means to bear such risk.
This analysis was given by Londinia. Take part yourself by sharing additional analysis on another time unit:
Additional analysis
Quotes
POLKADOT - DOT/USD rating 4.51 USD. The price registered a decrease of -0.22% on the session with the lowest point at 4.42 USD and the highest point at 4.55 USD. The deviation from the price is +2.04% for the low point and -0.88% for the high point.4.42
4.55
4.51
A study of price movements over other periods shows the following variations:
Near a new LOW record (1 year)
Type : Bearish
Timeframe : Weekly
Near a new LOW record (1st january)
Type : Bearish
Timeframe : Weekly
Near a new LOW record (1 month)
Type : Bearish
Timeframe : Weekly
Technical
A technical analysis in 1H of this POLKADOT - DOT/USD chart shows a slightly bearish trend. 57.14% of the signals given by moving averages are bullish. As the signals currently given by short-term moving averages are rather neutral, the overall trend could quickly return to neutral as well. The Central Indicators scanner detects bearish signals on moving averages that could impact this trend:
Bearish price crossover with Moving Average 20
Type : Bearish
Timeframe : 1 hour
Bearish price crossover with adaptative moving average 100
Type : Bearish
Timeframe : 1 hour
In fact, Central Analyzer took into account 18 technical indicators and the result was as follows: 8 are bullish, 6 are neutral and 4 are bearish. Other results related to technical indicators were also found by the Central Indicators scanner:
RSI indicator is back under 50
Type : Bearish
Timeframe : 1 hour
Price is back under the pivot point
Type : Bearish
Timeframe : 1 hour
Momentum indicator is back under 0
Type : Bearish
Timeframe : 1 hour
Central Patterns, the scanner specializing in chart patterns, did not identify any signals.
No result was found by the Central Candlesticks scanner on Japanese candlesticks.
ProTrendLines
S1
R1
R2
R3
Price
| S1 | Price | R1 | R2 | R3 | |
|---|---|---|---|---|---|
| ProTrendLines | 4.18 | 4.51 | 4.71 | 4.90 | 4.97 |
| Change (%) | -7.32% | - | +4.43% | +8.65% | +10.20% |
| Change | -0.33 | - | +0.20 | +0.39 | +0.46 |
| Level | Major | - | Minor | Intermediate | Intermediate |
Pivot points can also be used to set your price objectives. Here is the price situation in relation to pivot points:
Daily
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 4.33 | 4.38 | 4.45 | 4.50 | 4.57 | 4.62 | 4.69 |
| Camarilla | 4.49 | 4.50 | 4.51 | 4.52 | 4.53 | 4.54 | 4.55 |
| Woodie | 4.34 | 4.39 | 4.46 | 4.51 | 4.58 | 4.63 | 4.70 |
| Fibonacci | 4.38 | 4.43 | 4.45 | 4.50 | 4.55 | 4.57 | 4.62 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 2.86 | 3.53 | 4.03 | 4.70 | 5.20 | 5.87 | 6.37 |
| Camarilla | 4.20 | 4.31 | 4.41 | 4.52 | 4.63 | 4.74 | 4.84 |
| Woodie | 2.77 | 3.49 | 3.94 | 4.66 | 5.11 | 5.83 | 6.28 |
| Fibonacci | 3.53 | 3.98 | 4.26 | 4.70 | 5.15 | 5.43 | 5.87 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 4.13 | 4.61 | 4.96 | 5.44 | 5.79 | 6.27 | 6.62 |
| Camarilla | 5.09 | 5.17 | 5.24 | 5.32 | 5.40 | 5.47 | 5.55 |
| Woodie | 4.08 | 4.58 | 4.91 | 5.41 | 5.74 | 6.24 | 6.57 |
| Fibonacci | 4.61 | 4.92 | 5.12 | 5.44 | 5.75 | 5.95 | 6.27 |
Numerical data
The following is the status of the technical indicators and moving averages at the time of publication of this technical analysis:
Technical indicators
Moving averages
| RSI (14): | 51.27 | |
| MACD (12,26,9): | 0.0000 | |
| Directional Movement: | -1.27 | |
| AROON (14): | 50.00 | |
| DEMA (21): | 4.50 | |
| Parabolic SAR (0,02-0,02-0,2): | 4.43 | |
| Elder Ray (13): | 0.02 | |
| Super Trend (3,10): | 4.55 | |
| Zig ZAG (10): | 4.50 | |
| VORTEX (21): | 1.0200 | |
| Stochastique (14,3,5): | 74.36 | |
| TEMA (21): | 4.52 | |
| Williams %R (14): | -38.46 | |
| Chande Momentum Oscillator (20): | -0.02 | |
| Repulse (5,40,3): | -0.5700 | |
| ROCnROLL: | 2 | |
| TRIX (15,9): | 0.0100 | |
| Courbe Coppock: | 0.10 |
| MA7: | 4.82 | |
| MA20: | 5.14 | |
| MA50: | 5.40 | |
| MA100: | 5.80 | |
| MAexp7: | 4.51 | |
| MAexp20: | 4.50 | |
| MAexp50: | 4.54 | |
| MAexp100: | 4.66 | |
| Price / MA7: | -6.43% | |
| Price / MA20: | -12.26% | |
| Price / MA50: | -16.48% | |
| Price / MA100: | -22.24% | |
| Price / MAexp7: | -0% | |
| Price / MAexp20: | +0.22% | |
| Price / MAexp50: | -0.66% | |
| Price / MAexp100: | -3.22% |
Quotes :
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Real time data
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Cryptocompare
This member declared not having a position on this financial instrument or a related financial instrument.
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