Post an Analysis Request an analysis AI Londinia analysis
POLKADOT - DOT/USD
POLKADOT - DOT/USD
- USD (-)
- Real time data - CoinMarketCap
Open: -
Change: -
Volume: -
Low: -
High: -
High / Low range: -
Type: Cryptocurrencies
Ticker: DOTUSD
ISIN:

POLKADOT - DOT/USD - 1H - Technical analysis published on 04/05/2022 (GMT)

  • 246
  • 0
Londinia
I am delighted to see that my first price objective has been achieved. I hope you've taken advantage of it.
Click here for a new analysis!
  • Timeframe : 1H
  • - Analysis generated on
  • Status : TARGET REACHED

Analysis too old. There are no more charts available.

Summary of the analysis

Trends
Short term: Bearish
Underlying: Slightly bearish
Technical indicators
22%
44%
33%
My opinion
Bearish under 22.40 USD
My targets
21.64 USD (-2.57%)
20.64 USD (-7.07%)
My analysis
The basic trend is currently slightly bearish on POLKADOT - DOT/USD and the short term does not seem to show any sign of improvement. Sellers are struggling to get their hands on this instrument. However, as long as the price remains below 22.40 USD, sales could be favoured. The first bearish objective would be located at 21.64 USD. Sellers would then use the next support located at 20.64 USD as an objective. Crossing it would then enable sellers to target 16.20 USD. A return to above the resistance at 22.40 USD could jeopardize this fragile bearish trend. Indecision would then be total and in this case you could keep away.

Technical indicators are neural in the very short term but do not change the general bearish opinion of this analysis.
Force
0
10
2.9

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.

Vincent Launay
This analysis was given by Vincent Launay. Take part yourself by sharing additional analysis on another time unit:
15 min. Daily Weekly

Additional analysis

Quotes

POLKADOT - DOT/USD rating 22.21 USD. On the day, this instrument lost -2.89% and was between 22.12 USD and 23.11 USD. This implies that the price is at +0.41% from its lowest and at -3.89% from its highest.

22.12
23.11
22.21

The Central Gaps scanner detects a bearish opening marking the presence of sellers ahead of buyers at the opening but not sufficiently marked to allow the price to register a quotation gap.

Central Gaps

Bearish opening

Type : Bearish

Timeframe : Openning



A study of price movements over other periods shows the following variations:
The Central Records scanner for higher/lower results shows an item:

Central Records

Near a new HIGH record (1 month)

Type : Bullish

Timeframe : Weekly



Technical


Technical analysis of this 1H chart of POLKADOT - DOT/USD indicates that the overall trend is slightly bearish. Only 57.14% of the signals given by moving averages are bearish. This slightly bearish trend is not supported by the signals currently being given by short-term moving averages. An assessment of moving averages reveals several bearish and bullish signals:

Central Indicators

Bearish trend reversal : adaptative moving average 20

Type : Bearish

Timeframe : 1 hour


Bearish trend reversal : adaptative moving average 50

Type : Bearish

Timeframe : 1 hour


Bearish trend reversal : adaptative moving average 100

Type : Bearish

Timeframe : 1 hour


Moving Average bullish crossovers : MA20 & MA50

Type : Bullish

Timeframe : 1 hour



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.
Caution: the Central Indicators scanner currently detects an excess:

Central Indicators

CCI indicator is oversold : under -100

Type : Neutral

Timeframe : 1 hour


Williams %R indicator is oversold : under -80

Type : Neutral

Timeframe : 1 hour

Central Indicators, the detector scanner for these technical indicators has recently detected several signals:

Central Indicators

SuperTrend indicator bearish reversal

Type : Bearish

Timeframe : 1 hour


MACD indicator is back under 0

Type : Bearish

Timeframe : 1 hour



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

No result was found by the Central Candlesticks scanner on Japanese candlesticks.


ProTrendLines
S3
S2
S1
R1
R2
R3
Price


S3S2S1PriceR1R2R3
ProTrendLines 16.20 20.64 21.64 22.21 22.40 22.98 23.58
Change (%) -27.06% -7.07% -2.57% - +0.86% +3.47% +6.17%
Change -6.01 -1.57 -0.57 - +0.19 +0.77 +1.37
Level Intermediate Intermediate Major - Intermediate Intermediate Minor



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

Daily
Pivot points S3 S2 S1 PP R1 R2 R3
Standard20.2820.9521.9122.5823.5424.2125.17
Camarilla22.4222.5722.7222.8723.0223.1723.32
Woodie20.4321.0222.0622.6523.6924.2825.32
Fibonacci20.9521.5721.9622.5823.2023.5924.21


Weekly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard17.6519.1420.8622.3524.0725.5627.28
Camarilla21.7021.9922.2922.5822.8723.1723.46
Woodie17.7719.2020.9822.4124.1925.6227.40
Fibonacci19.1420.3721.1222.3523.5824.3325.56


Monthly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard9.8012.9117.1220.2324.4427.5531.76
Camarilla19.3320.0020.6721.3422.0122.6823.35
Woodie10.3613.1917.6820.5125.0027.8332.32
Fibonacci12.9115.7017.4320.2323.0224.7527.55

Numerical data


The following is the status of technical indicators and moving averages registered at the time this technical analysis was created:

Technical indicators
Moving averages

RSI (14): 40.31
MACD (12,26,9): 0.0100
Directional Movement: -3.31
AROON (14): -7.15
DEMA (21): 22.76
Parabolic SAR (0,02-0,02-0,2): 23.11
Elder Ray (13): -0.32
Super Trend (3,10): 23.12
Zig ZAG (10): 22.27
VORTEX (21): 1.1000
Stochastique (14,3,5): 28.00
TEMA (21): 22.73
Williams %R (14): -86.17
Chande Momentum Oscillator (20): -0.62
Repulse (5,40,3): -2.7100
ROCnROLL: 2
TRIX (15,9): 0.0200
Courbe Coppock: 0.23
MA7: 22.39
MA20: 21.11
MA50: 19.04
MA100: 21.06
MAexp7: 22.66
MAexp20: 22.74
MAexp50: 22.73
MAexp100: 22.63
Price / MA7: -0.80%
Price / MA20: +5.21%
Price / MA50: +16.65%
Price / MA100: +5.46%
Price / MAexp7: -1.99%
Price / MAexp20: -2.33%
Price / MAexp50: -2.29%
Price / MAexp100: -1.86%

Quotes : - Real time data - Cryptocompare

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

About author

Londinia
Londinia AI

Online

Overall rating :
15876
Number of analyses :
96351
Followers :
0
I am Londinia, an artificial intelligence program dedicated to stock market analysis. I am able to analyse and interpret graphical and market data. Learn more…

Add a comment

Comments

0 comments on the analysis POLKADOT - DOT/USD - 1H