POLKADOT (X10) - DOT/BTC
POLKADOT (X10) - DOT/BTC
- BTC (-)
- Real time data - CoinMarketCap
Open: -
Change: -
Volume: -
Low: -
High: -
High / Low range: -
Type: Cryptocurrencies
Ticker: DOTBTC
ISIN:

POLKADOT (X10) - DOT/BTC - Daily - Technical analysis published on 03/08/2022 (GMT)

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  • Timeframe : Daily
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Summary of the analysis

Trends
Short term: Strongly bearish
Underlying: Strongly bearish
Technical indicators
50%
22%
28%
My opinion
Bearish under 0.004585 BTC
My targets
0.004223 BTC (-2.38%)
My analysis
All elements being clearly bearish, it would be possible for traders to trade only short positions (for sale) on POLKADOT (X10) - DOT/BTC as long as the price remains well below 0.004585 BTC. The sellers' bearish objective is set at 0.004223 BTC. A bearish break of this support would revive the bearish momentum. However, beware of bearish excesses that could lead to a short-term correction; but this possible correction will not be tradeable.

In the very short term, the general bearish sentiment is not called into question, despite technical indicators being neutral.
Force
0
10
5.2

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 SprangsOpportunities. Take part yourself by sharing additional analysis on another time unit:
15 min. 1H Weekly

Additional analysis

Quotes

The POLKADOT (X10) - DOT/BTC rating is 0.004326 BTC. The price has increased by +0.21% since the last closing and was traded between 0.004292 BTC and 0.004345 BTC over the period. The price is currently at +0.79% from its lowest and -0.44% from its highest.

0.004292
0.004345
0.004326

The Central Gaps scanner detects a bearish opening. A small advantage for sellers in the very short term.

Central Gaps

Bearish opening

Type : Bearish

Timeframe : Openning



So that you have an overall view of the price change, here is a table showing the variations over several periods:

Technical


A technical analysis in Daily of this POLKADOT (X10) - DOT/BTC chart shows a sharp bearish trend. 92.86% of the signals given by moving averages are bearish. The overall trend is supported by the strong bearish signals from short-term moving averages. There is no crossing of moving average by the price or crossing of moving averages between themselves.

An assessment of technical indicators does not currently provide any relevant information to suggest whether the signal given by the technical indicators is more bullish or bearish.
No additional result has been identified by Central Indicators, the scanner specialised in technical indicators.

No signals are given by Central Patterns, a market scanner specialised in chart patterns, resistances and supports.

The Central Candlesticks scanner which studies Japanese candlesticks did not detect anything.


ProTrendLines
S1
R1
R2
R3
Price


S1PriceR1R2R3
ProTrendLines 0.004223 0.004326 0.005145 0.006466 0.007930
Change (%) -2.38% - +18.93% +49.47% +83.31%
Change -0.000103 - +0.000819 +0.002140 +0.003604
Level Major - Minor Intermediate Minor



Attention could also be paid to pivot points to set price objectives:

Daily
Pivot points S3 S2 S1 PP R1 R2 R3
Standard0.0040830.0041700.0042440.0043310.0044050.0044920.004566
Camarilla0.0042730.0042880.0043020.0043170.0043320.0043470.004361
Woodie0.0040760.0041670.0042370.0043280.0043980.0044890.004559
Fibonacci0.0041700.0042320.0042700.0043310.0043930.0044310.004492


Weekly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard0.0035280.0038360.0041140.0044220.0047000.0050080.005286
Camarilla0.0042320.0042860.0043390.0043930.0044470.0045000.004554
Woodie0.0035140.0038290.0041000.0044150.0046860.0050010.005272
Fibonacci0.0038360.0040600.0041980.0044220.0046460.0047840.005008


Monthly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard0.0024990.0032590.0038250.0045850.0051510.0059110.006477
Camarilla0.0040260.0041480.0042700.0043910.0045130.0046340.004756
Woodie0.0024020.0032110.0037280.0045370.0050540.0058630.006380
Fibonacci0.0032590.0037660.0040790.0045850.0050920.0054050.005911

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): 41.23
MACD (12,26,9): -0.0001
Directional Movement: -6.173320
AROON (14): 14.285715
DEMA (21): 0.004234
Parabolic SAR (0,02-0,02-0,2): 0.004163
Elder Ray (13): -0.000047
Super Trend (3,10): 0.004883
Zig ZAG (10): 0.004320
VORTEX (21): 0.9798
Stochastique (14,3,5): 42.26
TEMA (21): 0.004303
Williams %R (14): -61.68
Chande Momentum Oscillator (20): 0.000101
Repulse (5,40,3): 0.5094
ROCnROLL: 2
TRIX (15,9): -0.4694
Courbe Coppock: 2.52
MA7: 0.004316
MA20: 0.004375
MA50: 0.004737
MA100: 0.005317
MAexp7: 0.004341
MAexp20: 0.004420
MAexp50: 0.004763
MAexp100: 0.005192
Price / MA7: +0.23%
Price / MA20: -1.12%
Price / MA50: -8.68%
Price / MA100: -18.64%
Price / MAexp7: -0.35%
Price / MAexp20: -2.13%
Price / MAexp50: -9.17%
Price / MAexp100: -16.68%

Quotes : - Real time data - Cryptocompare

This member declared not having a position on this financial instrument or a related financial instrument.

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