POLKADOT - DOT/USDT - 15 min. - Technical analysis published on 12/09/2023 (GMT)
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- Timeframe : 15 min.
- - Analysis generated on
- Status : INVALID
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Summary of the analysis
Trends
Short term:
Bearish
Underlying:
Bullish
Technical indicators
33%
44%
22%
My opinion
Bullish above 7.11 USDT
My targets
7.70 USDT (+3.95%)
7.85 USDT (+5.94%)
My analysis
The basic trend is bullish on POLKADOT - DOT/USDT and in the short term, the price is attempting to correct. For the time being, this is only a simple technical correction and the basic trend is not threatened. For the correction to be confirmed, it would have to at least return to below the support 7.11 USDT. Sellers would then use the next support located at 6.64 USDT as an objective. Crossing it would then enable sellers to target 6.37 USDT. If there is a return to above the resistance located at 7.70 USDT, this would be a sign of a reversal in the basic bullish trend. The next bullish objectives will be 7.85 USDT and 23.20 USDT by extension.
Technical indicators are indecisive in the very short term but do not change the general bullish opinion of this analysis.
Force
0
10
1.1
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This analysis was given by boobski. Take part yourself by sharing additional analysis on another time unit:
Additional analysis
Quotes
The POLKADOT - DOT/USDT price is 7.41 USDT. The price registered an increase of +8.33% on the session and was traded between 6.83 USDT and 7.69 USDT over the period. The price is currently at +8.49% from its lowest and -3.64% from its highest.6.83
7.69
7.41
So that you have an overall view of the price change, here is a table showing the variations over several periods:
New HIGH record (1 year)
Type : Bullish
Timeframe : Weekly
New HIGH record (1st january)
Type : Bullish
Timeframe : Weekly
New HIGH record (1 month)
Type : Bullish
Timeframe : Weekly
The Central Volumes scanner detects abnormal volumes on the asset:
Abnormal volumes
Timeframe : 5 days
Abnormal volumes
Timeframe : 20 days
Abnormal volumes
Timeframe : 50 days
Technical
Technical analysis of POLKADOT - DOT/USDT in 15 min. shows an overall bullish trend. 67.86% of the signals given by moving averages are bullish. Caution: the current slightly bearish signals from short-term moving averages indicate that the overall trend may be slowing down. The Central Indicators market scanner currently does not detect any result that concerns moving averages.
On the 18 technical indicators analysed, 6 are bullish, 4 are neutral and 8 are bearish. Central Indicators, the detector scanner for these technical indicators has recently detected several signals:
Pivot points : price is over resistance 2
Type : Neutral
Timeframe : 15 minutes
Pivot points : price is over resistance 3
Type : Neutral
Timeframe : Weekly
Momentum indicator is back over 0
Type : Bullish
Timeframe : 15 minutes
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
S3
S2
S1
R1
R2
R3
Price
| S3 | S2 | S1 | Price | R1 | R2 | R3 | |
|---|---|---|---|---|---|---|---|
| ProTrendLines | 5.91 | 6.20 | 6.81 | 7.41 | 23.20 | 37.36 | 53.84 |
| Change (%) | -20.24% | -16.33% | -8.10% | - | +213.09% | +404.18% | +626.59% |
| Change | -1.50 | -1.21 | -0.60 | - | +15.79 | +29.95 | +46.43 |
| Level | Minor | Minor | Minor | - | Minor | Minor | Major |
To determine price objectives, it is also possible to use the pivot points. Here is the price position in relation to pivot points:
Daily
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 5.63 | 5.90 | 6.37 | 6.64 | 7.11 | 7.38 | 7.85 |
| Camarilla | 6.64 | 6.70 | 6.77 | 6.84 | 6.91 | 6.98 | 7.04 |
| Woodie | 5.73 | 5.95 | 6.47 | 6.69 | 7.21 | 7.43 | 7.95 |
| Fibonacci | 5.90 | 6.18 | 6.36 | 6.64 | 6.92 | 7.10 | 7.38 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 4.64 | 4.84 | 5.20 | 5.40 | 5.76 | 5.96 | 6.32 |
| Camarilla | 5.41 | 5.46 | 5.51 | 5.56 | 5.61 | 5.66 | 5.71 |
| Woodie | 4.72 | 4.88 | 5.28 | 5.44 | 5.84 | 6.00 | 6.40 |
| Fibonacci | 4.84 | 5.05 | 5.19 | 5.40 | 5.61 | 5.75 | 5.96 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 2.99 | 3.66 | 4.56 | 5.23 | 6.13 | 6.80 | 7.70 |
| Camarilla | 5.04 | 5.18 | 5.33 | 5.47 | 5.61 | 5.76 | 5.90 |
| Woodie | 3.12 | 3.72 | 4.69 | 5.29 | 6.26 | 6.86 | 7.83 |
| Fibonacci | 3.66 | 4.26 | 4.63 | 5.23 | 5.83 | 6.20 | 6.80 |
Numerical data
The following are the details of the technical indicators and moving averages that were collected to generate this technical analysis:
Technical indicators
Moving averages
| RSI (14): | 50.50 | |
| MACD (12,26,9): | 0.0300 | |
| Directional Movement: | 13.05 | |
| AROON (14): | 50.00 | |
| DEMA (21): | 7.55 | |
| Parabolic SAR (0,02-0,02-0,2): | 7.40 | |
| Elder Ray (13): | -0.03 | |
| Super Trend (3,10): | 7.69 | |
| Zig ZAG (10): | 7.50 | |
| VORTEX (21): | 0.9700 | |
| Stochastique (14,3,5): | 28.63 | |
| TEMA (21): | 7.51 | |
| Williams %R (14): | -78.70 | |
| Chande Momentum Oscillator (20): | 0.02 | |
| Repulse (5,40,3): | -0.6900 | |
| ROCnROLL: | -1 | |
| TRIX (15,9): | 0.0700 | |
| Courbe Coppock: | 0.67 |
| MA7: | 6.24 | |
| MA20: | 5.61 | |
| MA50: | 5.12 | |
| MA100: | 4.57 | |
| MAexp7: | 7.52 | |
| MAexp20: | 7.51 | |
| MAexp50: | 7.38 | |
| MAexp100: | 7.13 | |
| Price / MA7: | +18.75% | |
| Price / MA20: | +32.09% | |
| Price / MA50: | +44.73% | |
| Price / MA100: | +62.14% | |
| Price / MAexp7: | -1.46% | |
| Price / MAexp20: | -1.33% | |
| Price / MAexp50: | +0.41% | |
| Price / MAexp100: | +3.93% |
Quotes :
-
Real time data
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Cryptocompare
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